NOT LISTED FOR SALE

116 Galleon St Marina Del Rey, CA 90292

Estimated Value: $2,152,000 - $3,261,000

3 Beds
3.5 Baths
2,135 Sq Ft
$1,278/Sq Ft Est. Value

Last Sold July 17, 2012

Last sale price $1,240,000 $581 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $15,919/month

8 Days on Market

Highlights

  • Views of Trees
  • Fireplace in Primary Bedroom
  • Home Office
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Wood Flooring
  • Sundeck

About This Home

As of July 2012

Come live at the beach! The Marina Peninsula is Los Angeles' best kept secret. Approximately 1 block from the sand, this stunning newly constructed architectural townhouse features hardwood floors, spacious rooms, custom walk-in closets, a beautiful open kitchen, gas fireplaces, and high-end appliances throughout including Viking, Bosch, Sub-Zero, Mr. Steam, and U-Line. This front-facing residence gets tons of sunlight, has a private, direct access 2-car garage, 2 balconies, and offers a huge roof-top deck with bar, perfect for entertaining. A highly functional floor plan allows for multiple uses and the high-end finishes are sophisticated and warm. This spectacular townhome is moments away from restaurants, shops, bike paths, and serene nature strolls along Ballona Lagoon. Enjoy the privacy, luxury and security of the Peninsula along with a beach lifestyle. This home is also zoned for one of the best elementary schools in LA, Coeur de' Lane.

Last Agent to Sell the Property

Mark Kitching

Douglas Elliman License #01742148 Listed on: 06/18/2012

Douglas Elliman

Last Buyer's Agent

Lisa Pound

Compass License #01229477

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,095

Year Built

  • Built in 2005

Lot Details

  • 5,271

Parking

  • 2 Car Direct Access Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,135 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Views of Trees
  • Attic Fan
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 4225-008-066

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 4 Units
  • Sundeck

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,095

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 112-118 Galleon
  • Entry Floor: 1
  • Living Area: 2135
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Stone
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Antenna, Attic Fan, Built-Ins, Cable, Ceiling Fan, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 585.01

Exterior Features

  • Balcony: YES
  • Exposure: N
  • Pool: No
  • Roof: Composition
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage, Private Garage, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned, T.V.

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 356.00
  • Unit Location: NE

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4225-008-066

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jun 27, 2012
Sold by
Walls Joshua D and Walls Elizabeth A
Bought by
Pelletier Michael and Glade Felicia
Seller's Agent
Mark Kitching
Douglas Elliman
Buyer's Agent
Lisa Pound
Compass
List Price
$1,249,000
Sold Price
$1,240,000
Premium/Discount to List
-$9,000
-0.72%
Current Estimated Value
$2,728,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488,971
Avg. Annual Appreciation
5.99%
Original Mortgage
$997,600
Outstanding Balance
$689,789
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,978,481

Purchase Details

Closed on
Aug 17, 2005
Sold by
114 Galleon & Assoc Llc
Bought by
Fleming Jonathan J and Fleming Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
114 Galleon & Assoc Llc
Bought by
Walls Joshua D and Walls Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Pelletier Michael $1,240,000 Equity Title
Fleming Jonathan J $1,570,000 Investors Title Company
Walls Joshua D $1,575,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelletier Michael $997,600
Previous Owner Walls Joshua D $417,000
Previous Owner Fleming Jonathan J $1,000,000
Previous Owner Walls Joshua D $450,000
Previous Owner 114 Galleon & Assoc Llc $2,224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2012 07/17/12 Sold $1,240,000 -0.7% $581 / Sq Ft
06/18/2012 06/18/12 For Sale $1,249,000 -- $585 / 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 $18,095 $1,526,959 $1,108,279 $418,680
2024 $18,095 $1,497,020 $1,086,549 $410,471
2023 $17,742 $1,467,668 $1,065,245 $402,423
2022 $16,910 $1,438,891 $1,044,358 $394,533
2021 $16,698 $1,410,679 $1,023,881 $386,798
2019 $16,191 $1,368,839 $993,513 $375,326
2018 $16,140 $1,342,000 $974,033 $367,967
2016 $15,431 $1,289,890 $936,211 $353,679
2015 $15,202 $1,270,516 $922,149 $348,367
2014 $15,247 $1,245,629 $904,086 $341,543
Source: Public Records

Agents Affiliated with this Home

  • Mark Kitching

    Seller's Agent in 2012

    Mark Kitching

    Douglas Elliman

    (310) 902-0221

    39 Total Sales

    Mark Kitching
    Section Image
  • Lisa Pound

    Buyer's Agent in 2012

    Lisa Pound

    Compass

    (310) 710-6149

    36 Total Sales

    Lisa Pound
    Section Image
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Map

Source: The MLS

MLS Number: 12-607453

The MLS

APN: 4225-008-066

California Los Angeles County Marina Del Rey 90292

116 Galleon St, Marina Del Rey, CA

This home is located at 116 Galleon St, Marina Del Rey, CA 90292 since 18 June 2012 and is currently estimated at $2,728,971, approximately $1,278 per square foot. This property was built in 2005. 116 Galleon St is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Marina Del Rey Middle School, and Venice High School.

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