NOT LISTED FOR SALE

Estimated Value: $762,000 - $891,000

2 Beds
2 Baths
933 Sq Ft
$340/mo HOA Fee

Last Sold April 02, 2024

Last sale price $829,000 $889 Per Sq Ft

Current estimated payment $5,672/month

37 Days on Market

Highlights

  • In Ground Pool
  • 0.44 Acre Lot
  • Engineered Wood Flooring
  • McKinley Elementary School Rated A
  • Midcentury Modern Architecture
  • Pool View

About This Home

As of April 2024

Accepting back-up offers! This stunning, newly renovated home is located on a beautiful tree-lined street in the heart of Santa Monica. With its prime location half a block South of Wilshire, you are just minutes away from Erewhon, Milo & Olive, the Santa Monica Pickleball Center, and countless shops, restaurants, and modern conveniences. Flooded with natural light, the unit boasts a spacious living room with dining area, looking out to a quaint courtyard and sparkling community pool. Renovated from top to bottom, including a new in-unit Samsung washer/dryer. The kitchen boasts quartz countertops, a built-in wine refrigerator, and a picturesque window looking out to lush greenery, offering ultimate privacy. Both bedrooms are spacious, with ample closet space. The two full bathrooms have ample storage and subway tiled showers. New Luxury Vinyl Plank flooring throughout adds to the warmth of the space. This impeccable, zen space is a place you will want to call home and never leave!

Last Agent to Sell the Property

Colleen Buerge

Pardee Properties License #01875348 Listed on: 02/01/2024

Co-Listed By

Meredith Gruszka

Pardee Properties License #02013805

Last Buyer's Agent

Corrie Sommers

Compass License #01423994

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,723

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 0.44

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 933 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Pool Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Gated Home
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4267-007-045

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 19 Units

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,723

Year Built

Built in 1966 | Remodeled

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 1222 Princeton Condominiums
  • Entry Floor: 1
  • Living Area: 933
  • Lot Acreage: 0.4399
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1966
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Engineered Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Washer, Range/Oven, Dryer
  • Price Per S Q F T: 909.97

Exterior Features

  • Pool Description: In Ground, Community
  • Pool: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Carport, Carport Attached, Covered Parking
  • Total Parking: 1

Utilities

  • Heating: Wall
  • Security: Card/Code Access, Gated, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector

Association/Amenities

  • Amenities: Controlled Access, Extra Storage, Pool, Assoc Maintains Landscape
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid
  • HOA Fees: 340.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4267-007-045
  • Lot Size Area: 19162

Multi Family

  • Number Of Units: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 16, 2024
Sold by
Shawn M Dralle Trust and Dralle Shawn M
Bought by
Perez Miguel and Perez Lauren Schick
Seller's Agent
Colleen Buerge
Pardee Properties
Buyer's Agent
Corrie Sommers
Compass
List Price
$875,000
Sold Price
$829,000
Premium/Discount to List
-$46,000
-5.26%
Views
105
Current Estimated Value
$825,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,017
Avg. Annual Appreciation
1.49%
Original Mortgage
$729,000
Outstanding Balance
$718,562
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$127,241

Purchase Details

Listed on
Mar 4, 2023
Closed on
Mar 17, 2023
Sold by
Princeton South
Bought by
Shawn M Dralle Trust
Seller's Agent
Rory Posin
Estate Properties
Buyer's Agent
Colleen Buerge
Pardee Properties
List Price
$699,000
Sold Price
$771,000
Premium/Discount to List
$72,000
10.3%
Views
246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$771,000
Interest Rate
5.63%
Mortgage Type
New Conventional
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
Perez Miguel $829,000 Stewart Title Of California
Shawn M Dralle Trust $771,000 Stewart Title Of California In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Miguel $729,000
Previous Owner Shawn M Dralle Trust $771,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $829,000 -2.4% $889 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
02/24/2024 02/24/24 Price Changed $849,000 -3.0% $910 / Sq Ft
02/01/2024 02/01/24 For Sale $875,000 +13.5% $938 / Sq Ft
04/05/2023 04/05/23 Sold $771,000 +10.3% $826 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $699,000 -- $749 / 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 $9,723 $845,580 $684,726 $160,854
2024 $9,723 $786,420 $626,178 $160,242
2023 $1,176 $45,730 $15,853 $29,877
2022 $1,144 $44,835 $15,543 $29,292
2021 $1,087 $43,957 $15,239 $28,718
2019 $1,057 $42,655 $14,788 $27,867
2018 $1,000 $41,820 $14,499 $27,321
2016 $943 $40,198 $13,937 $26,261
2015 $928 $39,595 $13,728 $25,867
2014 $931 $38,821 $13,460 $25,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-351117

The MLS

APN: 4267-007-045