NOT LISTED FOR SALE

Estimated Value: $1,013,928 - $1,138,000

2 Beds
2 Baths
1,068 Sq Ft
7,405 Sq Ft Lot

Last Sold June 10, 2016

Last sale price $785,600 $736 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,740/month

30 Days on Market

Highlights

  • Gated Community
  • Tandem Parking
  • Dining Room
  • Roosevelt Elementary School Rated A+
  • Ceramic Tile Flooring
  • 3-minute walk to Christine Emerson Reed Park

About This Home

As of June 2016

Enjoy everything Santa Monica has to offer from the comfort of this spacious 2 bedroom, 2 bathroom home with a great location. The large open layout of the living room and dinning room allows ample space for relaxing or entertaining. The bedrooms are a great size with plenty of closet space. The home receives good sunlight exposure giving you natural light throughout the day. Some of the other features you will find include hardwood floors, Caesar Stone kitchen counter tops, fireplace, balcony, in unit laundry, tandem parking spots, additional storage, and more. From here take a walk to Montana's shops and restaurants, or to the 3rd Street Promenade's theaters, shopping, restaurants, and night life. Stroll along the beach or go biking, rollerblading, skating. Take a dip in the ocean or just layout and enjoy the sun. There is so much you can do from the comforts of this home that life will be a constant adventure.

Last Agent to Sell the Property

Rod Vargas

Tierra Properties License #01792503 Listed on: 03/18/2016

Co-Listed By

Irma Vargas

Tierra Properties License #00467438

Last Buyer's Agent

Rod Vargas

Tierra Properties License #01792503 Listed on: 03/18/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,609

Year Built

  • Built in 1969

Lot Details

  • 7,405

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,068 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 2 Covered Spaces
  • Tandem Parking

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 4281-034-068

Community Details

Overview

  • 9 Units
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,609

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: Ten Forty-Eight Ninth St
  • Entry Floor: 1
  • Living Area: 1068
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1969
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 739.00

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem

Utilities

  • Heating: Radiant

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 240.00

Lot Info

  • Assessor Parcel Number: 4281-034-068
  • Geocode Override: No
  • Lot Size Area: 7505

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2017
Sold by
Zygote Llc
Bought by
Zyxin Llc
Current Estimated Value
$1,083,232

Purchase Details

Closed on
Dec 15, 2016
Sold by
Chong Shen
Bought by
Zygote Llc

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 5, 2016
Sold by
Rahan Samir
Bought by
Chong Shen
Seller's Agent
Rod Vargas
Tierra Properties
Buyer's Agent
Rod Vargas
Tierra Properties
List Price
$789,950
Sold Price
$785,600
Premium/Discount to List
-$4,350
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 2, 2016
Sold by
Li Li
Bought by
Chong Shen
Seller's Agent
Rod Vargas
Tierra Properties
Buyer's Agent
Rod Vargas
Tierra Properties
List Price
$789,950
Sold Price
$785,600
Premium/Discount to List
-$4,350
-0.55%

Purchase Details

Closed on
Jun 19, 2013
Sold by
Khurana Rahul
Bought by
Khurana Rahul and Khurana Ashna K

Purchase Details

Closed on
Apr 25, 2006
Sold by
Rahan Samir and Khurana Rahul
Bought by
Rahan Samir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Ahmad Moinuddin
Bought by
Rahan Samir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1994
Sold by
Alavian Hamid Okhovat and Azarmi Jaleh
Bought by
Ahmad Moinuddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
9.1%
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
Zyxin Llc -- None Available
Zygote Llc -- None Available
Chong Shen $744,000 North American Title
Chong Shen -- None Available
Khurana Rahul -- None Available
Rahan Samir -- None Available
Rahan Samir $645,000 Equity Title Company
Ahmad Moinuddin $182,500 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahan Samir $500,000
Previous Owner Ahmad Moinudoun $153,620
Previous Owner Ahmad Moinuddin $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $785,600 -0.6% $736 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $789,950 0.0% $740 / Sq Ft
09/12/2014 09/12/14 Rented $3,150 -4.5% --
09/10/2014 09/10/14 Under Contract -- -- --
08/09/2014 08/09/14 For Rent $3,300 -- --
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 $10,609 $880,619 $704,474 $176,145
2024 $10,609 $863,353 $690,661 $172,692
2023 $10,437 $846,425 $677,119 $169,306
2022 $10,299 $829,830 $663,843 $165,987
2021 $10,032 $813,560 $650,827 $162,733
2019 $9,858 $789,431 $631,524 $157,907
2018 $9,284 $773,953 $619,142 $154,811
2016 $8,948 $744,584 $595,671 $148,913
2015 $8,831 $733,401 $586,724 $146,677
2014 $8,710 $719,035 $575,231 $143,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-107686

The MLS

APN: 4281-034-068