NOT LISTED FOR SALE

Estimated Value: $2,162,000 - $2,392,121

5 Beds
6 Baths
2,693 Sq Ft
$836/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $922,000 $342 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $13,082/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Canfield Avenue Elementary Rated A-
  • 5 Car Garage

About This Home

As of September 2012

Overbid starts at $788,000. Court is set for 8/2/12 at 8:30AM at 1725 Main Street, Santa Monica, Department A. 5 unit building located on Doheny between Pico and Olympic. 4 of the units are 1 bedroom and 1 bath. The fifth unit is 1 bedroom plus and office/den. Currently one of the units is vacant. Additional income from 2 car garage. This is a probate sale subject to court confirmation.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 05/31/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Muriel Levin

Muriel Levin License #01715051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,259

Lot Details

  • 4,722

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,693 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Car Garage
  • Uncovered Parking
  • Parking Garage Space

Additional Features

  • 4,722 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 4332-005-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,259

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2693
  • Probate: Yes
  • Stories: 2
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 292.61

Exterior Features

  • Pool: No
  • Roof: Composition

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Community Garage, Garage, Uncovered
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 111086
  • Assessed Land Value: 279055
  • Assessor Parcel Number: 4332-005-030
  • Lot Size Area: 4722

Rental Info

  • Court Approve: Yes
  • Owner Pays: Water
  • Tenant Pays: Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 5
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: 5 Plex
  • Vacancy Rate: 20%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Morris Hayley Nicole
Bought by
Morris Kevin
Current Estimated Value
$2,252,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$634,198
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,546,240

Purchase Details

Closed on
Sep 25, 2020
Sold by
Howard Hope
Bought by
Howard Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$634,198
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,546,240

Purchase Details

Listed on
May 31, 2012
Closed on
Aug 2, 2012
Sold by
Estate Of Carolyn E Massey
Bought by
Howard Hope and The Hope Howard Revocable Trust
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Muriel Levin
Muriel Levin
List Price
$788,000
Sold Price
$922,000
Premium/Discount to List
$134,000
17.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$525,000
Interest Rate
3.55%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Morris Kevin -- Ticor Title Company
Howard Hope -- Ticor Title Company
Howard Hope $922,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Hope $1,150,000
Previous Owner Howard Hope $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $922,000 +17.0% $342 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $788,000 -- $293 / 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 $14,259 $1,135,365 $849,679 $285,686
2024 $14,259 $1,113,104 $833,019 $280,085
2023 $13,998 $1,091,280 $816,686 $274,594
2022 $13,377 $1,069,883 $800,673 $269,210
2021 $13,211 $1,048,906 $784,974 $263,932
2020 $13,340 $1,038,552 $776,926 $261,626
2019 $12,833 $1,018,197 $761,693 $256,504
2018 $12,724 $998,241 $746,758 $251,483
2016 $12,134 $959,095 $717,761 $241,334
2015 $11,964 $944,689 $706,980 $237,709
2014 $12,022 $926,185 $693,132 $233,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-603831

The MLS

APN: 4332-005-030