NOT LISTED FOR SALE

Estimated Value: $1,317,000 - $1,767,000

2 Beds
2 Baths
1,458 Sq Ft
$425/mo HOA Fee

Last Sold November 15, 2016

Last sale price $1,032,000 $708 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,889/month

37 Days on Market

Highlights

  • 24-Hour Security
  • Gated Parking
  • Contemporary Architecture
  • Roosevelt Elementary School Rated A+
  • Mountain View
  • Wood Flooring

About This Home

As of November 2016

2 Bed / 2 Bath Townhouse style condo - Prime Santa Monica Location - Light & airy front facing 2-story corner unit. Open floor plan w/ hardwood flooring throughout. Updated kitchen includes stainless steel appliances, 6 burner Viking range & breakfast bar. Great room with expansive living room w/ fireplace open to lushly landscaped private patio. Laundry room in unit. 2 side x side secure parking spaces. Close proximity to Third Street Promenade, beach, shopping, restaurants, and all that Santa Monica has to offer....

Last Agent to Sell the Property

Gwen Tanguay

Redwood Realty License #00448883 Listed on: 09/08/2016

Last Buyer's Agent

Arin Larson

Redwood Realty License #01734876

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,162

Year Built

  • Built in 1988

Lot Details

  • 9,583

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Parking Garage
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,458 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Center Hall

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4281-027-069

Community Details

Overview

  • Association fees include earthquake insurance
  • 8 Units

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,162

Year Built

Built in 1988

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Monica Palms HOA
  • Entry Floor: 1
  • Living Area: 1458
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 1
  • Year Built: 1988
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Elevator, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 740.05

Exterior Features

  • Balcony: Patio
  • Tennis Court Y/N: No
  • Exposure: North/East
  • Patio: Concrete Slab
  • Pool: No
  • Spa Yn: No
  • View: Green Belt, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage, Door Opener, Gated, Side By Side, Subterranean
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 425.00
  • HOA: Yes
  • Unit Location: Front/East

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4281-027-069
  • Geocode Override: No
  • Lot Size Area: 9984

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
Cotkin Joan M
Bought by
Dolinsky Lauren Anne
Current Estimated Value
$1,520,301

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 21, 2016
Sold by
Tasker Phillip
Bought by
Dolinsky Lauren Anne and Cotkin Joan M
Seller's Agent
Gwen Tanguay
Redwood Realty
Buyer's Agent
Arin Larson
Redwood Realty
List Price
$1,149,000
Sold Price
$1,032,000
Premium/Discount to List
-$117,000
-10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$430,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Marks William and Marks Elisa
Bought by
Tasker Phillip and Tasker Cecily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2000
Sold by
Connelly Martha E and Fagan Family Revocable Trust
Bought by
Marks William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dolinsky Lauren Anne -- Accommodation
Dolinsky Lauren Anne $1,032,000 Provident Title Company
Tasker Phillip $741,000 Lawyers Title
Marks William $400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolinsky Lauren Anne $430,000
Previous Owner Tasker Phillip $350,000
Previous Owner Marks William $295,000
Previous Owner Marks William S $295,000
Previous Owner Marks William $100,000
Previous Owner Marks William $60,000
Previous Owner Marks William $319,400
Previous Owner Marks William $325,000
Previous Owner Marks William $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 Sold $1,032,000 -4.4% $708 / Sq Ft
10/07/2016 10/07/16 Price Changed $1,079,000 -6.1% $740 / Sq Ft
09/08/2016 09/08/16 For Sale $1,149,000 -- $788 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,162 $1,197,719 $917,906 $279,813
2024 $14,162 $1,174,235 $899,908 $274,327
2023 $13,932 $1,151,212 $882,263 $268,949
2022 $13,833 $1,128,640 $864,964 $263,676
2021 $13,402 $1,106,510 $848,004 $258,506
2020 $13,309 $1,095,165 $839,309 $255,856
2019 $13,170 $1,073,692 $822,852 $250,840
2018 $12,401 $1,052,640 $806,718 $245,922
2016 $9,459 $786,228 $564,897 $221,331
2015 $9,335 $774,419 $556,412 $218,007
2014 $9,207 $759,250 $545,513 $213,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-160172

The MLS

APN: 4281-027-069