NOT LISTED FOR SALE

Estimated Value: $1,292,000 - $1,428,000

3 Beds
2 Baths
1,350 Sq Ft
$432/mo HOA Fee

Last Sold October 28, 2022

Last sale price $1,180,000 $874 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,927/month

57 Days on Market

Highlights

  • Gated Parking
  • 0.34 Acre Lot
  • Mediterranean Architecture
  • Roosevelt Elementary School Rated A+
  • Living Room with Fireplace
  • Elevator

About This Home

As of October 2022

Best priced 3 bed/ 2 bath condo in Santa Monica near the beach, zoned for top schools, rare unit with 1 shared wall--quiet and turn-key! Located in prime Santa Monica and nestled in a quiet neighborhood, this spacious three-bedroom, two-bathroom condominium features tasteful updates, a luminous and open floor plan, and a sprawling balcony perfect for the quintessential Southern California lifestyle. The kitchen is fully equipped with stainless steel appliances and recently renovated flooring and countertops. Additional features include an in-unit washer and dryer, two side-by-side large covered parking spots, and additional storage. This is an incredible opportunity to own a gleaming residence zoned in a highly coveted school district and just blocks away from the beach, the finest restaurants and boutiques Santa Monica has to offer.

Last Agent to Sell the Property

Shannon Casey

Sotheby's International Realty License #02075969 Listed on: 07/29/2022

Sotheby's International Realty

Last Buyer's Agent

Shannon Casey

Sotheby's International Realty License #02075969 Listed on: 07/29/2022

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,455

Year Built

  • Built in 1972

Lot Details

  • 0.34

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Gated Parking

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,350 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4281-018-062

Community Details

Overview

  • 23 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,455

Year Built

Built in 1972

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Toulon Gardens Homeowners Association
  • Entry Floor: 1
  • Living Area: 1350
  • Lot Acreage: 0.3447
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1972
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 881.48

Exterior Features

  • Patio: Balcony
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 432.01
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4281-018-062
  • Lot Size Area: 15014

Multi Family

  • Number Of Units: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 28, 2022
Sold by
Chen Sichong and Chen Yanjun
Bought by
Linger Jason and Pedooem Monica
Seller's Agent
Shannon Casey
Sotheby's International Realty
Buyer's Agent
Shannon Casey
Sotheby's International Realty
List Price
$1,299,000
Sold Price
$1,180,000
Premium/Discount to List
-$119,000
-9.16%
Views
12
Current Estimated Value
$1,331,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,432
Avg. Annual Appreciation
5.16%
Original Mortgage
$944,000
Outstanding Balance
$893,904
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$463,164

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 3, 2019
Sold by
Lin James C and Hsu Cindy T
Bought by
Chen Sichong and Zhang Yanjun
Seller's Agent
Jennie Figueroa
Ashby & Graff
Buyer's Agent
Shannon Casey
Sotheby's International Realty
List Price
$1,100,000
Sold Price
$1,160,000
Premium/Discount to List
$60,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%
Original Mortgage
$696,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2012
Closed on
Mar 26, 2012
Sold by
Stein Allison and The Allison Stein Trust
Bought by
Lin James C and Hsu Cindy T
Seller's Agent
Simon Salloom
Douglas Elliman of California, Inc.
Buyer's Agent
Mei-chin Shieh
List Price
$659,000
Sold Price
$635,000
Premium/Discount to List
-$24,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
May 18, 2011
Sold by
Stein Allison
Bought by
Stein Allison and The Allison Stein Trust

Purchase Details

Closed on
Feb 18, 2005
Sold by
Ueng Anny Suming Wu and Wu Anny Su Ming
Bought by
Stein Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2004
Sold by
Adami Jamileh Ardalan
Bought by
Wu Anny Su Ming

Purchase Details

Closed on
Jun 9, 2002
Sold by
1021 12Th Street Investors
Bought by
Adami Jamileh Ardalan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
6.74%
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
Linger Jason $1,180,000 Chicago Title Company
Chen Sichong $1,160,000 Fidelity National Title Co
Lin James C $635,000 Equity Title Company
Stein Allison -- None Available
Stein Allison $630,000 Equity Title
Wu Anny Su Ming $615,000 Equity Title Company
Adami Jamileh Ardalan $429,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linger Jason $944,000
Previous Owner Chen Sichong $696,000
Previous Owner Stein Allison $150,000
Previous Owner Adami Jamileh Ardalan $100,000
Previous Owner Adami Jamileh Ardalan $321,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $1,180,000 -0.8% $874 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $1,190,000 -4.8% $881 / Sq Ft
08/18/2022 08/18/22 Price Changed $1,250,000 -3.8% $926 / Sq Ft
07/29/2022 07/29/22 For Sale $1,299,000 +12.0% $962 / Sq Ft
01/10/2020 01/10/20 Sold $1,160,000 +5.5% $859 / Sq Ft
11/15/2019 11/15/19 For Sale $1,100,000 +73.2% $815 / Sq Ft
04/18/2012 04/18/12 Sold $635,000 -3.6% $470 / Sq Ft
03/01/2012 03/01/12 For Sale $659,000 -- $488 / 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 $14,455 $1,227,671 $972,982 $254,689
2024 $14,455 $1,203,600 $953,904 $249,696
2023 $14,220 $1,180,000 $935,200 $244,800
2022 $14,568 $1,195,457 $956,366 $239,091
2021 $14,203 $1,172,017 $937,614 $234,403
2020 $9,081 $729,294 $513,493 $215,801
2019 $8,985 $714,995 $503,425 $211,570
2018 $8,466 $700,976 $493,554 $207,422
2016 $8,147 $673,758 $474,390 $199,368
2015 $8,040 $663,639 $467,265 $196,374
2014 $7,932 $650,640 $458,112 $192,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-182739

The MLS

APN: 4281-018-062