Seller's Agent in 2021
David Solomon
Douglas Elliman of California, Inc.
(310) 633-4922
17 in this area
167 Total Sales
1012 2nd St Unit 2 Santa Monica, CA 90403
Wilshire Montana NeighborhoodEstimated Value: $3,354,703 - $4,613,000
3
Beds
3.5
Baths
2,970
Sq Ft
$994/mo
HOA Fee
Highlights
- White Water Ocean Views
- Gated Community
- Modern Architecture
- Roosevelt Elementary School Rated A+
- Wood Flooring
- 2-minute walk to Palisades Park
About This Home
As of August 2021Home is more important now than ever and this ocean view jewel is the perfect setting to escape to. In a 4-unit condo building in ultra-prime Santa Monica, you will have a contactless entry from your private bespoke door. This large two story 3 bedroom + 3.5 bathroom residence features formal entry and stunning double-height space with an upper level bridge running through. Four terraces to dine al fresco or sit in a swing watching the sunset. Lower level has a massive living/media room and bedroom in addition to a full bathroom. Upper level features stunning ocean views and bright, airy space that combines living, dining, and modern kitchen with top-of-the-line appliances. Master suite features a sitting area, 2 outdoor patios, and an expansive walk-in closet. Master bathroom has a huge dual vanity, soaking tub, and rainfall shower. Truly a world class location with instant access to the beach for fresh air, sunset strolls, biking, and surfing. Famed shops, farmers markets, and restaurants all within a short distance.
Last Agent to Sell the Property
Douglas Elliman of California, Inc. License #01386406 Listed on: 06/29/2021
Last Buyer's Agent
Douglas Elliman of California, Inc. License #01386406 Listed on: 06/29/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $41,129
Year Built
- Built in 2016
Lot Details
- 7,405
HOA Fees
- $994 Monthly HOA Fees
Home Design
- Modern Architecture
- Entry on the 1st floor
Interior Spaces
- 2,970 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Area
- Bonus Room
- Wood Flooring
- White Water Ocean Views
- Alarm System
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Powder Room
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Subterranean Parking
- Side by Side Parking
Additional Features
- Covered Patio or Porch
- Gated Home
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4292-027-159
Community Details
Overview
- 4 Units
Amenities
- Elevator
Pet Policy
- Call for details about the types of pets allowed
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2021
Closed on
Jul 6, 2021
Sold by
Prakke Lauren
Bought by
Zanarini Jeff A and Zanarini Abigail F
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
David Solomon
Douglas Elliman of California, Inc.
List Price
$3,395,000
Sold Price
$3,350,000
Premium/Discount to List
-$45,000
-1.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,852
Avg. Annual Appreciation
4.30%
Original Mortgage
$2,680,000
Interest Rate
2.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 2, 2017
Closed on
Feb 22, 2017
Sold by
1012 2Nd St Llc
Bought by
Prakke Lauren
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Matt Klein
Compass
List Price
$3,395,000
Sold Price
$3,325,000
Premium/Discount to List
-$70,000
-2.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.17%
Original Mortgage
$1,662,500
Interest Rate
2.95%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zanarini Jeff A | $3,350,000 | Fidelity National Title | |
| Prakke Lauren | $3,325,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zanarini Jeff A | $2,680,000 | |
| Previous Owner | Prakke Lauren | $1,662,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2021 08/24/21 | Sold | $3,350,000 | -1.3% | $1,128 / Sq Ft | |
| 06/29/2021 06/29/21 | For Sale | $3,395,000 | +2.1% | $1,143 / Sq Ft | |
| 03/21/2017 03/21/17 | Sold | $3,325,000 | -2.1% | $1,120 / Sq Ft | View Prior Sale |
| 02/27/2017 02/27/17 | Pending | -- | -- | -- | |
| 02/02/2017 02/02/17 | For Sale | $3,395,000 | -- | $1,143 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $41,129 | $3,555,046 | $1,220,389 | $2,334,657 |
| 2024 | $41,129 | $3,485,340 | $1,196,460 | $2,288,880 |
| 2023 | $40,468 | $3,417,000 | $1,173,000 | $2,244,000 |
| 2022 | $39,978 | $3,350,000 | $1,150,000 | $2,200,000 |
| 2021 | $42,295 | $3,565,071 | $1,072,202 | $2,492,869 |
| 2020 | $42,011 | $3,528,516 | $1,061,208 | $2,467,308 |
| 2019 | $41,594 | $3,459,330 | $1,040,400 | $2,418,930 |
| 2018 | $38,807 | $3,391,500 | $1,020,000 | $2,371,500 |
| 2017 | $6,889 | $561,736 | $495,403 | $66,333 |
Source: Public Records
Agents Affiliated with this Home
-
David Solomon
-
Anna Solomon
Seller Co-Listing Agent in 2021
Anna Solomon
Douglas Elliman of California, Inc.
(310) 866-9306
16 in this area
169 Total Sales
-
Matt Klein
Buyer's Agent in 2017
Matt Klein
Compass
(310) 418-9785
35 Total Sales
Map
Source: The MLS
MLS Number: 21-754568
APN: 4292-027-159
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