NOT LISTED FOR SALE

Estimated Value: $3,098,269 - $3,783,000

2 Beds
1 Bath
1,005 Sq Ft
$3,360/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $2,320,000 $2,308 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $21,308/month

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Franklin Elementary School Rated A+
  • Spanish Architecture
  • Covered patio or porch

About This Home

As of April 2017

Welcome to your Santa Monica home. This Spanish gem is situated on a gorgeously landscaped lot with your very own secret garden. The large backyard is an entertainer's dream! Classic Spanish architecture is celebrated throughout the existing two bedroom house. Enjoy light-filled rooms, timeless hardwood flooring, an updated bathroom, separate laundry area, and a darling kitchen with exposed ceilings and stainless steel appliances. Outdoor dining is a must under the covered outdoor patio with wood beam ceilings. Beyond the main house is a detached garage with bathroom - a perfect bonus space for work and play! Located on a quiet street near Montana Avenue's fabulous restaurants & boutiques, Franklin Elementary, Douglas Park and just minutes to the beach and all that Santa Monica has to offer. Keep the charming home, expand, or even revitalize the entire lot - 1016 22nd Street offers endless possibilities.

Last Agent to Sell the Property

Tara Rodgers

Compass License #01830534 Listed on: 03/14/2017

Compass

Last Buyer's Agent

Marci Holliday

Douglas Elliman License #01022615

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,235

Year Built

  • Built in 1926

Lot Details

  • 6,311 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Covered patio or porch
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4277-023-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,235

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to your Santa Monica home. This Spanish gem is situated on a gorgeously landscaped lot with your very own secret garden. The large backyard is an entertainer's dream! Classic Spanish architecture is celebrated throughout the existing two bedroom house. Enjoy light-filled rooms, timeless hardwood flooring, an updated bathroom, separate laundry area, and a darling kitchen with exposed ceilings and stainless steel appliances. Outdoor dining is a must under the covered outdoor patio with wood beam ceilings. Beyond the main house is a detached garage with bathroom - a perfect bonus space for work and play! Located on a quiet street near Montana Avenue's fabulous restaurants & boutiques, Franklin Elementary, Douglas Park and just minutes to the beach and all that Santa Monica has to offer. Keep the charming home, expand, or even revitalize the entire lot - 1016 22nd Street offers endless possibilities.
  • Living Area: 1005
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2138.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Heating: Floor Furnace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4277-023-004
  • Geocode Override: No
  • Lot Size Area: 6311

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Mar 24, 2017
Sold by
Boelke Mark Arthur
Bought by
Sharma Madan and Sharma Latisha Katie
Seller's Agent
Tara Rodgers
Compass
Buyer's Agent
Marci Holliday
Douglas Elliman
List Price
$2,149,000
Sold Price
$2,320,000
Premium/Discount to List
$171,000
7.96%
Current Estimated Value
$3,377,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,057,067
Avg. Annual Appreciation
4.64%
Original Mortgage
$1,740,000
Outstanding Balance
$1,460,762
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,916,305

Purchase Details

Listed on
Jul 24, 2014
Closed on
Jul 7, 2014
Sold by
Hopper Victoria Duffy
Bought by
Boelke Living Trust
Seller's Agent
Tara Rodgers
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
Sold Price
$4,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2011
Sold by
Hanell Edward G and The Carl G Hanell Family Trust
Bought by
Hopper Victoria Duffy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2009
Sold by
Hanell Laverne and Carl G & Laverne Hanell Trust
Bought by
Hanell Laverne and Carl G Hanell Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sharma Madan $2,320,000 Lawyers Title
Boelke Living Trust $1,850,000 Chicago Title
Hopper Victoria Duffy $1,205,012 First American Title Company
Hanell Laverne -- None Available
Hanell Laverne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Madan $1,740,000
Previous Owner Boelke Living Trust $1,480,000
Previous Owner Hopper Victoria Duffy $964,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $2,320,000 +8.0% $2,308 / Sq Ft
03/14/2017 03/14/17 For Sale $2,149,000 0.0% $2,138 / Sq Ft
08/08/2014 08/08/14 Rented $4,600 -10.7% --
08/08/2014 08/08/14 Under Contract -- -- --
07/24/2014 07/24/14 For Rent $5,150 -- --
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
2024 $31,235 $2,645,338 $2,111,810 $533,528
2023 $30,733 $2,593,469 $2,070,402 $523,067
2022 $30,357 $2,542,617 $2,029,806 $512,811
2021 $29,629 $2,492,762 $1,990,006 $502,756
2019 $29,135 $2,413,727 $1,930,982 $482,745
2018 $27,342 $2,366,400 $1,893,120 $473,280
2016 $21,951 $1,878,212 $1,502,570 $375,642
2015 $21,667 $1,850,000 $1,480,000 $370,000
2014 $15,011 $1,259,372 $1,007,498 $251,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-211324

The MLS

APN: 4277-023-004