NOT LISTED FOR SALE

116 Pacific St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $2,465,000 - $2,709,000

3 Beds
3 Baths
1,950 Sq Ft
$1,327/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $2,125,000 $1,090 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,727/month

About This Home

As of May 2021

Ocean views, just steps from the beach and completely renovated! This 1950 square-foot 3 bedroom, plus loft, 2 3/4 bath with private three car garage, end unit townhouse is on the market for the first time since 1987!
The new chefs kitchen features Thor appliances, quartz counter tops and its own outdoor deck! The family room boasts 20 foot ceilings, a wall of windows and and a bathroom with an art deco tiled shower! The third floor loft is ideal for an office and a playroom and also has its own deck staring at the Pacific Ocean. The master bedroom has a walk-in closet with an amazing en-suite bathroom complete with a double rain head shower! The remaining two bedrooms have plenty of closet space and share a full bathroom. This is a one-of-a-kind property with only four units and just $300 in monthly HOA fees which includes your water! If you want more, the City of Santa Monica has previously granted permits to add a 4th floor full-sized roof deck and outdoor kitchen! Located within walking distance to Main Street, local shopping, restaurants, playgrounds, a dog park, and all the excitement Santa Monica offers! This one of a kind property won’t last long!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Sprowl Brooke
Bought by
Kundrak Justin Taylor and Kundrak Christina Rachel
Current Estimated Value
$2,572,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,868,302
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$720,156

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 12, 2021
Sold by
Helder Donna L and Pass Ted M
Bought by
Sprowl Brooke
Seller's Agent
Joseph Furnish
Lake Street Association, Inc.
List Price
$1,999,500
Sold Price
$2,125,000
Premium/Discount to List
$125,500
6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$1,806,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2016
Sold by
Heider Donna L
Bought by
Heider Donna L and Pass Ted M

Purchase Details

Closed on
Nov 28, 2012
Sold by
Wachtel Gail Koshland and Koshland Gail F
Bought by
Heider Donna L and Pass Ted M
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
Kundrak Justin Taylor $2,400,000 Consumers Title Company
Sprowl Brooke $2,125,000 Old Republic Title Company
Heider Donna L -- None Available
Heider Donna L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kundrak Justin Taylor $1,920,000
Previous Owner Sprowl Brooke $1,806,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $2,125,000 +6.3% $1,090 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $1,999,500 -- $1,025 / Sq Ft

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 $28,886 $2,496,960 $1,997,568 $499,392
2024 $28,886 $2,448,000 $1,958,400 $489,600
2023 $26,316 $2,210,850 $1,768,680 $442,170
2022 $25,994 $2,167,500 $1,734,000 $433,500
2021 $16,451 $1,365,173 $796,351 $568,822
2020 $16,337 $1,351,176 $788,186 $562,990
2019 $16,170 $1,324,683 $772,732 $551,951
2018 $15,219 $1,298,710 $757,581 $541,129
2016 $14,657 $1,248,281 $728,164 $520,117
2015 $14,466 $1,229,532 $717,227 $512,305
2014 $14,257 $1,205,448 $703,178 $502,270
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph Furnish

    Lake Street Association, Inc.

    (818) 763-5162

    1 in this area

    3 Total Sales

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Map

California Los Angeles County Santa Monica 90405 Ocean Park

116 Pacific St, Santa Monica, CA

This home is located at 116 Pacific St, Santa Monica, CA 90405 and is currently estimated at $2,588,458, approximately $1,327 per square foot. 116 Pacific St is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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