NOT LISTED FOR SALE

Estimated Value: $1,485,000 - $1,737,000

3 Beds
2 Baths
1,701 Sq Ft
$400/mo HOA Fee

Last Sold December 07, 2022

Last sale price $1,450,000 $852 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,034/month

74 Days on Market

Highlights

  • Contemporary Architecture
  • Home Office
  • Breakfast Area or Nook
  • Franklin Elementary School Rated A+
  • Covered patio or porch
  • Tandem Parking

About This Home

As of December 2022

This front-facing, single level condo features three oversized bedrooms, two baths and an open floor plan, all drenched in natural light. Grand living room's wood beamed ceilings, handcrafted built-ins, cozy fireplace and palm tree views feel like a single-family home. French doors open to front-facing balcony perfect for al fresco dining and Santa Monica's fresh ocean breezes. Formal dining area is entertainer's dream and opens to chef's kitchen with granite counters, rich wood cabinetry, marble backsplash and double ovens. Light and luxurious, primary bedroom offers ensuite bathroom with travertine tiles and oversized soaking tub. Second bedroom features bay window seat and built-in closets. Third bedroom serves as home office but easily converts to bonus room or den. Tastefully updated hall bath with granite countertops and tub shower. Two-car parking with private storage room perfect for surfboards, bikes and more! Prime North of Wilshire location close to Montana Avenue, Douglas Park, local restaurants and award-winning Franklin Elementary School.

Last Listed By

Matt Isbell

Compass License #01825694 Listed on: 08/12/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,788

Year Built

  • 1963

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,701 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Security Lights
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Parking Garage Space

Outdoor Features

  • Covered patio or porch

Utilities

  • Radiant Heating System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4277-025-058

Community Details

Overview

  • Association fees include building and grounds, sewer, trash, water
  • 6 Units
  • G B Investment Services Association

Amenities

  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,788

Year Built

1963

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: This front-facing, single level condo features three oversized bedrooms, two baths and an open floor plan, all drenched in natural light. Grand living room's wood beamed ceilings, handcrafted built-ins, cozy fireplace and palm tree views feel like a single-family home. French doors open to front-facing balcony perfect for al fresco dining and Santa Monica's fresh ocean breezes. Formal dining area is entertainer's dream and opens to chef's kitchen with granite counters, rich wood cabinetry, marble backsplash and double ovens. Light and luxurious, primary bedroom offers ensuite bathroom with travertine tiles and oversized soaking tub. Second bedroom features bay window seat and built-in closets. Third bedroom serves as home office but easily converts to bonus room or den. Tastefully updated hall bath with granite countertops and tub shower. Two-car parking with private storage
  • Complex Name: 1021 HOA
  • Entry Floor: 1
  • Exclusions: Dining room chandelier
  • Living Area: 1701
  • Lot Acreage: 0.1835
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Travertine, Wood Laminate
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 881.25

Exterior Features

  • Direction Faces: South
  • Exposure: South
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem, Community Garage
  • Total Parking: 2

Utilities

  • Heating: Radiant, Wall
  • Security: Exterior Security Lights, Gated, Smoke Detector

Association/Amenities

  • Amenities: Controlled Access, Extra Storage
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Sewer, Trash, Water
  • HOA Fees: 400.00
  • Management Company: G-B Investment Services
  • Mgmt Co 2: G-B Investment Services
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4277-025-058
  • Lot Size Area: 7993

Multi Family

  • Number Of Units: 6

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Nov 14, 2022
Sold by
Danuta Maerna Joanna
Bought by
Maerna Carlo
Seller's Agent
Matt Isbell
Compass
Buyer's Agent
Tara Bucci
Coldwell Banker Realty
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Total Days on Market
74
Views
18
Current Estimated Value
$1,635,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,143
Avg. Annual Appreciation
4.96%

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 26, 2022
Sold by
Taffy Patton Living Trust
Bought by
Maerna Carlo
Seller's Agent
Matt Isbell
Compass
Buyer's Agent
Tara Bucci
Coldwell Banker Realty
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Views
18

Purchase Details

Closed on
Mar 9, 2012
Sold by
Patton Taffy
Bought by
Patton Taffy and Taffy Patton Living Trust

Purchase Details

Closed on
Jul 21, 2010
Sold by
Matzkin Matthew G
Bought by
Patton Taffy

Purchase Details

Closed on
Nov 1, 2005
Sold by
Matzkin Matthew G
Bought by
Matzkin Matthew G and Gielow Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Gwynne Myrtha S
Bought by
Matzkin Matthew G and Gielow Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Gwynne Myrtha S
Bought by
Gwynne Myrtha S and Myrtha S Gwynne Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%

Purchase Details

Closed on
Aug 21, 1998
Sold by
Gwynne Myrtha S
Bought by
Gwynne Myrtha S and Myrtha S Gwynne Family Trust

Purchase Details

Closed on
Jun 7, 1998
Sold by
Berlan Asher Co Tr Berlan Trust
Bought by
Gwynne Myrtha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.75%

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
Maerna Carlo -- Lawyers Title
Maerna Carlo $1,450,000 Lawyers Title
Patton Taffy -- None Available
Patton Taffy $864,500 Equity Title Company
Matzkin Matthew G -- Fidelity National Title
Matzkin Matthew G $850,000 Equity Title Company
Gwynne Myrtha S -- --
Gwynne Myrtha S -- Equity Title
Gwynne Myrtha S -- --
Gwynne Myrtha S $440,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matzkin Matthew G $127,500
Previous Owner Matzkin Matthew G $680,000
Previous Owner Gwynne Myrtha S $350,000
Previous Owner Gwynne Myrtha S $200,000
Previous Owner Gwynne Myrtha S $352,000
Closed Matzkin Matthew G $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $1,450,000 -3.3% $852 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $1,499,000 -6.3% $881 / Sq Ft
08/12/2022 08/12/22 For Sale $1,599,000 -- $940 / 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
2024 $17,788 $1,479,000 $1,183,200 $295,800
2023 $17,502 $1,450,000 $1,160,000 $290,000
2022 $12,319 $1,043,444 $834,710 $208,734
2021 $12,023 $1,022,986 $818,344 $204,642
2019 $11,825 $992,645 $794,072 $198,573
2018 $11,110 $973,182 $778,502 $194,680
2016 $10,703 $935,394 $748,273 $187,121
2015 $10,566 $921,345 $737,034 $184,311
2014 $10,789 $903,298 $722,597 $180,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-188855

The MLS

APN: 4277-025-058