NOT LISTED FOR SALE

Estimated Value: $1,710,000 - $1,977,000

2 Beds
2.5 Baths
1,669 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $1,700,000 $1,019 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,243/month

36 Days on Market

Highlights

  • Primary Bedroom Suite
  • Automatic Gate
  • Skyline View
  • Franklin Elementary School Rated A+
  • Gated Community
  • Art Deco Architecture

About This Home

As of July 2022

Imagine living in this gorgeously breezy and sun-kissed townhome in the highly-desirable neighborhood of north Wilshire Boulevard, where you can enjoy the best of Santa Monica living. This 2 Bedroom, 2.5 Baths home features a LOFT + downstairs bonus DEN that is all perfected by its corner unit location and its ample access to numerous outdoor spaces (over 500 sq. ft of outdoor space!). The living area connects to a wrap-around covered patio and features an open and large kitchen space with high-end Bosch appliances, caesarstone counters, and pantry built-ins. The owners' suite boasts 20 ft ceilings, with access to the rooftop deck and a third-level loft. The owner's suite showcases a double-vanity bathroom with its own skylight and private patio. The second bedroom has its own private bathroom and can serve as an excellent guest room or kids' room. The loft space and downstairs bonus area offer incredible opportunities to set up as your home office, yoga/gym/meditation/craft/play room, each with easy access to the outdoors and with mountain, palm tree, and city views from both inside the loft area and the rooftop deck. The convenience and value-add of having your side-by-side washer/dryer next to the bedrooms upstairs and the 2 car direct access garage are incredible. This special home falls in the coveted Franklin and Lincoln school district and is situated on a quiet tree-lined street, minutes walk away from UCLA Santa Monica Medical Center, Santa Monica Seafood Market, and all the incredible coffee shops, restaurants, and shops on Wilshire Boulevard and Montana Ave. ! Great Bonus: the HOA has approved and paid for a wonderful exterior upgrade including new painting, replacing balcony railing, and landscaping! Now you can thank your lucky stars that you've found your home!

Last Agent to Sell the Property

Valerie Matron

Element RE, Inc License #02055047 Listed on: 05/05/2022

Last Buyer's Agent

Carolyn Cole

Nourmand & Associates-HW License #01703618

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,636

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 7,506 Sq Ft Lot
  • End Unit
  • Gated Home

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Skyline
  • Woods
  • Mountain
  • Courtyard

Home Design

  • Art Deco Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 1,669 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Recessed Lighting
  • Decorative Fireplace
  • French Doors
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Loft

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Remodeled Bathroom
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Outdoor Features

  • Balcony
  • Wrap Around Porch
  • Open Patio

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 4281-011-037

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,636

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Art Deco
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Wellesley Villas
  • Entry Floor: 6
  • Living Area: 1669
  • Lot Acreage: 0.1723
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 6
  • Year Built: 1981
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Two Story Ceilings, Turnkey, Living Room Deck Attached, Bar, Wet Bar, Recessed Lighting, Built-Ins
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Wood, Wood Laminate, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Suite, Multi-Level Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Remodeled, Shower and Tub, Shower Stall, Under Vanity Lighting
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Breakfast Nook, Breakfast Room, Dining Area, Family Kitchen
  • Laundry: In Unit, Inside, On Upper Level
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Water Filter, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1003.59

Exterior Features

  • Other Features: French Doors, High Ceilings (9 Feet+), End Unit, Custom Built, Sliding Glass Doors
  • Patio: Covered, Patio Open, Balcony, Covered Porch, Deck(s), Enclosed, Enclosed Glass Porch, Living Room Deck Attached, Wrap Around Porch
  • Pool: No
  • View: Mountains, City, Courtyard, Skyline, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Controlled Entrance, Covered Parking, Door Opener, Garage - 2 Car, Garage Is Attached, Gated Underground, Side By Side, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Automatic Gate, Gated, Smoke Detector, Fire and Smoke Detection System, Card/Code Access

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 550.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4281-011-037
  • Lot Description: Automatic Gate, Fenced, Gated Community, Lot Shape-Rectangular, Walk Street
  • Lot Location: City
  • Lot Size Area: 7506

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
May 5, 2022
Closed on
Jun 17, 2022
Sold by
Lue Family Trust
Bought by
Sp Trust
Seller's Agent
Valerie Matron
Element RE, Inc
Buyer's Agent
Carolyn Cole
Nourmand & Associates-HW
List Price
$1,735,000
Sold Price
$1,700,000
Premium/Discount to List
-$35,000
-2.02%
Current Estimated Value
$1,821,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,469
Avg. Annual Appreciation
2.79%
Original Mortgage
$1,275,000
Outstanding Balance
$1,209,921
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$641,577

Purchase Details

Closed on
Feb 24, 2022
Sold by
Benjamin Lue David and Murphy Melissa
Bought by
Lue Family Trust

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 4, 2018
Sold by
Fu Ai Chun
Bought by
Lue David Benjamin and Lee Melissa Murphy
Seller's Agent
Janice Hou
Compass
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,429,000
Sold Price
$1,576,000
Premium/Discount to List
$147,000
10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,259,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 16, 2015
Sold by
Brown Raymond C
Bought by
Fu Ai Chun and Cheng Xiaofeng
Seller's Agent
Linda Semon
Coldwell Banker Realty
Buyer's Agent
Scott Price
Compass
List Price
$1,248,000
Sold Price
$1,150,000
Premium/Discount to List
-$98,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$862,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Brown Raymond C and Cotter Brown Jodi
Bought by
Brown Raymond C and Cotter Brown Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Cotter Jodi and The Brown Family Trust
Bought by
Brown Raymond C

Purchase Details

Closed on
May 28, 1998
Sold by
Poirer Roland L
Bought by
Cotter Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7.03%

Purchase Details

Closed on
Apr 18, 1995
Sold by
Barker Elizabeth S
Bought by
Barker Duncan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.51%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Barker Duncan W
Bought by
Poirier Roland I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.51%
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
Sp Trust $1,700,000 Fidelity National Title
Lue Family Trust -- Keller Law Firm
Lue David Benjamin $1,576,000 Old Republic National Title
Fu Ai Chun $1,150,000 Lawyers Title
Brown Raymond C -- First American Title Company
Brown Raymond C -- None Available
Cotter Jodi -- None Available
Cotter Jodi $335,000 Equity Title Company
Barker Duncan W -- Equity Title Company
Poirier Roland I $295,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sp Trust $1,275,000
Previous Owner Lue David Benjamin $1,142,000
Previous Owner Lue David Benjamin $1,174,000
Previous Owner Lue David Benjamin $1,259,000
Previous Owner Fu Ai Chun $862,500
Previous Owner Brown Raymond C $367,000
Previous Owner Brown Raymond C $417,000
Previous Owner Brown Raymond C $75,000
Previous Owner Cotter Jody $288,212
Previous Owner Cotter Jodi $25,000
Previous Owner Cotter Jodi $310,500
Previous Owner Poirier Roland I $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $1,700,000 +1.5% $1,019 / Sq Ft
06/17/2022 06/17/22 Price Changed $1,675,000 -1.5% $1,004 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/29/2022 05/29/22 Off Market $1,700,000 -- --
05/16/2022 05/16/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $1,735,000 +10.1% $1,040 / Sq Ft
04/18/2018 04/18/18 Sold $1,576,000 +10.3% $944 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,429,000 +24.3% $856 / Sq Ft
11/25/2015 11/25/15 Sold $1,150,000 -4.1% $689 / Sq Ft
10/09/2015 10/09/15 Price Changed $1,199,000 -3.9% $718 / Sq Ft
09/08/2015 09/08/15 For Sale $1,248,000 -- $748 / 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 $20,636 $1,768,680 $1,388,934 $379,746
2024 $20,636 $1,734,000 $1,361,700 $372,300
2023 $20,384 $1,700,000 $1,335,000 $365,000
2022 $20,401 $1,689,788 $1,351,831 $337,957
2021 $19,900 $1,656,656 $1,325,325 $331,331
2019 $19,566 $1,607,520 $1,286,016 $321,504
2018 $14,040 $1,196,459 $895,888 $300,571
2016 $13,522 $1,150,000 $861,100 $288,900
2015 $5,421 $436,969 $215,485 $221,484
2014 $5,353 $428,410 $211,264 $217,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-152825

The MLS

APN: 4281-011-037