NOT LISTED FOR SALE

Estimated Value: $1,986,000 - $2,335,385

3 Beds
2.5 Baths
1,860 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $1,900,000 $1,022 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,714/month

10 Days on Market

Highlights

  • Gated Parking
  • Views of Trees
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Colonial Architecture
  • Built-In Features

About This Home

As of July 2021

Enjoy the coastal breeze year-round in this gorgeous Montecito inspired townhome. Located in sunny Santa Monica, this spacious three bedroom, two and a half bath residence truly feels like a retreat. High ceilings coupled with large windows throughout result in an abundance of bright and airy ambiance. The main level wows with an open layout and spectacular views of green treetops. Relax in the peaceful living room, with a decorative fireplace and terrace or entertain guests while cooking in the newly opened up kitchen. This spacious chef's haven has two skylights illuminating the cabinetry, counter space and high end appliances. Downstairs you will find laundry, custom built-in storage and two bedrooms with ensuite bathrooms. The primary room includes a sundrenched patio and chic bathroom with marble, shower and clawfoot tub. Floors are completely refinished along with many other upgrades (water heater, painting, closets and more). One of only four units, this front facing townhome feels more like a single family house. The property includes secure parking (two side by side spots) with storage along with a shared rear courtyard. Great proximity to top rated schools, restaurants, shops and Montana Ave. Low HOA with EQ, water and trash.

Last Agent to Sell the Property

Shelton Wilder

Christie's International Real Estate SoCal License #01979656 Listed on: 06/20/2021

Christie's International Real Estate SoCal

Co-Listed By

Leah Smith

Christie's International Real Estate SoCal License #02023068

Last Buyer's Agent

Diana Braun

Compass License #01362342

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,540

Year Built

  • Built in 1981

Lot Details

  • 4,988

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Views of Trees

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Parking Garage Space

Additional Features

  • 4,988 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4281-018-043

Community Details

Overview

  • 4 Units

Amenities

  • Picnic Area

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,540

Year Built

Built in 1981

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Complex Name: 1051 12th Street
  • Entry Floor: 1
  • Living Area: 1860
  • Lot Acreage: 0.1145
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1981
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator, Washer, Dryer, Garbage Disposal, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 954.30

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Side By Side, Community Garage, Gated
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Picnic Area
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 415.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4281-018-043
  • Lot Size Area: 4988

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2015
Sold by
Scott Benjamin Edward
Bought by
Fodor Nikolas Andre
Current Estimated Value
$2,161,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,176,000
Outstanding Balance
$868,781
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,292,815

Purchase Details

Closed on
Oct 6, 2006
Sold by
Adams Jayson L
Bought by
Scott Benjamin Edward and Scott Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2000
Sold by
Pilavjian Alexander
Bought by
Pilavjian Alexandre and Pilavjian Ashken

Purchase Details

Closed on
Feb 25, 2000
Sold by
Pilavjian Ashken
Bought by
Adams Jayson L and The Jayson L Adams Living Trust

Purchase Details

Closed on
Jan 10, 1996
Sold by
Pilavjian Alexander
Bought by
Pilavjian Alexander and Pilavjian Ashken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.5%
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
Fodor Nikolas Andre $1,470,000 Lawyers Title
Scott Benjamin Edward $1,060,000 Equity Title Company
Pilavjian Alexandre -- Continental Title
Adams Jayson L $490,000 Lawyers Title Company
Pilavjian Alexander -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fodor Nikolas Andre $1,176,000
Previous Owner Scott Benjamin Edward $710,000
Previous Owner Pilavjian Alexander $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $1,900,000 +7.0% $1,022 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $1,775,000 0.0% $954 / Sq Ft
05/15/2020 05/15/20 Rented $6,300 -3.1% --
03/31/2020 03/31/20 For Rent $6,500 -- --
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 $23,540 $2,016,295 $1,613,036 $403,259
2024 $23,540 $1,976,760 $1,581,408 $395,352
2023 $23,163 $1,938,000 $1,550,400 $387,600
2022 $22,978 $1,900,000 $1,520,000 $380,000
2021 $19,637 $1,632,172 $1,285,753 $346,419
2020 $19,503 $1,615,437 $1,272,570 $342,867
2019 $19,308 $1,583,763 $1,247,618 $336,145
2018 $18,177 $1,552,709 $1,223,155 $329,554
2016 $17,513 $1,492,417 $1,175,659 $316,758
2015 $13,923 $1,181,653 $903,521 $278,132
2014 -- $1,158,507 $885,823 $272,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-748762

The MLS

APN: 4281-018-043