$1,450,000
SOLD OCT 18, 2024
3 Beds
2 Baths
1,287 Sq Ft
$632/mo HOA Fee

Recently Sold

$1,127 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • Gated Community
  • City View
  • Modern Architecture
  • Roosevelt Elementary School Rated A+
  • Main Floor Bedroom
  • Lanai

About This Home

As of October 2024

California coastal living at its finest. Feel the ocean breeze in this single-level, 3-bedroom condo located in a modern, newly updated building with only 5 units total. Enjoy expansive wrap-around patios for outdoor dining and lounging, and plenty of natural light from floor-to-ceiling windows and sliders. Featuring just one shared wall, this stylish first-floor/corner unit residence offers three spacious bedrooms and two full bathrooms, enhanced by high ceilings and an open floor plan perfect for both entertaining and relaxed living.Step into the large living room, which boasts a cozy fireplace, a unique glass block wall, and direct balcony access. The open dining area seamlessly connects to a new designer kitchen, complete with stainless steel appliances, a paneled Sub-Zero refrigerator, Thermador freezer, Thermador range, and a custom Chef's sink. A newly built bar/coffee service area in the dining room includes a wine fridge, adding a touch of luxury. The condo features new light fixtures and LED lighting in the closets for modern convenience. For tech enthusiasts, Cat 5 wiring in the living room and primary bedroom, along with an Eero Wi-Fi booster, ensures robust connectivity. High-end crown molding and baseboards add an elegant finish, while custom built-in cabinets in the living room and primary bedroom, along with ample closet space, provide generous storage options. Elegant travertine stone floors run throughout, and central AC/heat ensures year-round comfort. The primary suite is a serene retreat with a beautifully remodeled bathroom, patio access, and abundant closet space. The second and third bedrooms are also generously sized, with one offering direct patio access. The second bathroom is tastefully remodeled, and a side-by-side laundry area is conveniently located within the unit. Additional perks include side-by-side secured parking with extra storage and convenient elevator access.Ideally situated just steps from Montana Avenue, the 3rd Street Promenade, and the beach, this condo is also within the highly sought-after Roosevelt Elementary, Lincoln Middle School, and Santa Monica High School districts.

Last Agent to Sell the Property

Sean McGuire

Compass License #01917237 Listed on: 09/08/2024

Compass

Last Buyer's Agent

Kara Marotta

Pardee Properties License #02196098

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,525

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $632 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,287 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Stone Flooring
  • City Views
  • Alarm System

Kitchen

  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Garage Space
  • Controlled Entrance

Outdoor Features

  • Balcony
  • Open Patio
  • Lanai

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4281-020-039

Community Details

Overview

  • Association fees include trash, water and sewer paid, earthquake insurance
  • 5 Units
  • 1102 12Th St HOA

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,525

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$632 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 1102 12th St Association
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 1287
  • Lot Acreage: 0.1148
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1981
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Living Room
  • Flooring: Stone Tile
  • Appliances: Cooktop - Gas, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Ground Floor Master
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Stone Counters
  • Laundry: In Unit, Laundry Area, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Elevator
  • Fireplace: Yes
  • Price Per S Q F T: 1164.72
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: west
  • Direction Faces: East
  • Construction: Hard Coat
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Exposure: North
  • Patio: Lanai, Balcony
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Covered Parking
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Association/Amenities

  • Amenities: Elevator, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid, Earthquake Insurance
  • HOA Fees: 632.32
  • Management Company: 1102 12th St HOA
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4281-020-039
  • Lot Description: Gated Community
  • Lot Location: City
  • Lot Size Area: 5000

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 5

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2024
Closed on
Oct 3, 2024
Sold by
Cavarozzi Karen Christine
Bought by
Shawn Baker 2016 Trust and Baker
Seller's Agent
Sean McGuire
Compass
Buyer's Agent
Kara Marotta
Pardee Properties
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%
Total Days on Market
15
Views
23
Current Estimated Value
$1,426,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,444
Avg. Annual Appreciation
-2.51%

Purchase Details

Listed on
Oct 26, 2020
Closed on
Apr 21, 2021
Sold by
Cavarozzi Christopher
Bought by
Cavarozzi Karen Christine
Seller's Agent
Linda Semon
Coldwell Banker Realty
Buyer's Agent
Linda Semon
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$735,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2020
Closed on
Mar 15, 2021
Sold by
Tsay Kane H and Rolandson Beth A
Bought by
Cavarozzi Karen Christine
Seller's Agent
Linda Semon
Coldwell Banker Realty
Buyer's Agent
Linda Semon
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2018
Sold by
Rolandson Beth
Bought by
Tsay Kane H and Rolandson Beth A

Purchase Details

Closed on
Mar 6, 2006
Sold by
Crn Real Estate Inc
Bought by
Tsay Kane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2005
Sold by
Kuyanov Peter
Bought by
Nobles Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2005
Sold by
Hunter Iris L
Bought by
Nobles Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1998
Sold by
Gavinlertvatana Paiboolya and Gavinlertvatana Supranee
Bought by
Hunter Iris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.61%

Purchase Details

Closed on
Dec 21, 1995
Sold by
Niknia Kamran
Bought by
Gavinlertvatana Paiboolya and Gavinlertvatana Supranee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.38%

Purchase Details

Closed on
Sep 19, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Niknia Kamran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.35%

Purchase Details

Closed on
Jul 5, 1995
Sold by
Lockett Mary Cheril and Widmer Mary Cheril
Bought by
First Interstate Bank Of California

Purchase Details

Closed on
Jul 3, 1995
Sold by
Widmer Mary Cheril and First Federal Svgs Bank Of Cal
Bought by
First Federal Bank Of California

Purchase Details

Closed on
Jun 28, 1995
Sold by
First Federal Bank Of California
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,450,000 Consumers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $1,050,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $801,000 Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $600,000 Equity Title Company
Grant Deed $297,000 Equity Title
Grant Deed $200,000 Fidelity National Title Ins
Corporate Deed $135,000 First American Title Co
Trustee Deed $93,028 Fidelity National Title
Trustee Deed $135,731 Continental Lawyers Title Co
Corporate Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $735,000 New Conventional
Previous Owner $514,157 New Conventional
Previous Owner $573,000 New Conventional
Previous Owner $600,000 Fannie Mae Freddie Mac
Previous Owner $420,000 Purchase Money Mortgage
Previous Owner $211,500 Unknown
Previous Owner $227,150 No Value Available
Previous Owner $120,000 No Value Available
Previous Owner $101,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $1,450,000 -3.3% $1,127 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $1,499,000 0.0% $1,165 / Sq Ft
06/16/2023 06/16/23 Rented $6,500 0.0% --
06/05/2023 06/05/23 For Rent $6,500 0.0% --
04/26/2021 04/26/21 Sold $1,050,000 -4.5% $816 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
10/26/2020 10/26/20 For Sale $1,100,000 -- $855 / 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 $13,525 $1,114,266 $793,145 $321,121
2023 $13,307 $1,092,419 $777,594 $314,825
2022 $13,135 $1,071,000 $762,348 $308,652
2021 $12,271 $1,011,261 $820,628 $190,633
2020 $12,186 $1,000,893 $812,214 $188,679
2019 $12,058 $981,269 $796,289 $184,980
2018 $11,353 $962,029 $780,676 $181,353
2016 $10,933 $924,674 $750,362 $174,312
2015 $9,789 $823,000 $668,000 $155,000
2014 $8,270 $686,000 $557,000 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-437255

The MLS

APN: 4281-020-039