Seller's Agent in 2012
Peter Kappelos
RE/MAX
(310) 908-1578
15 Total Sales
1240 Franklin St Unit 6 Santa Monica, CA 90404
Mid-City Santa Monica NeighborhoodEstimated Value: $858,826 - $1,022,000
2
Beds
2
Baths
1,168
Sq Ft
$271/mo
HOA Fee
Highlights
- View of Trees or Woods
- Wood Flooring
- Laundry Room
- McKinley Elementary School Rated A
- Eat-In Kitchen
- Wall Furnace
About This Home
As of May 2012"BACK ON THE MARKET" Buyer got Cold Feet - Need a replacement Buyer - This is an approved price! This is a Short Sale in This 7-unit building that was remodeled in 2009 with lovely flagstone paths, beautiful lush landscaping, lighting, new horizontal siding, new dual glazed windows and 1-car security parking. Top floor unit with hardwood floors in Living room, ceiling fans in all rooms, Plantation shutters, track lighting in Living Room, balcony is enclosed and is currently being used as small office. This complex is FHA approved. Earthquake Insurance is included in HOA, Property Sold in As - Is condition and priced accordingly.
Last Agent to Sell the Property
Estate Properties License #01329388 Listed on: 12/06/2011
Last Buyer's Agent
Sally Sussman
Sotheby's International Realty License #00807482
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,787
Year Built
- Built in 1965
Lot Details
- 8,276
HOA Fees
- $271 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Stucco
Interior Spaces
- 1,168 Sq Ft Home
- Living Room with Fireplace
- Wood Flooring
- Views of Woods
- Laundry Room
Kitchen
- Eat-In Kitchen
- Cooktop
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Tract Number 7016
- Assessor Parcel Number 4267002050
Community Details
Overview
- 7 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 3, 2014
Sold by
Walzer Andrew
Bought by
Walzer Andrew Howard
Current Estimated Value
Purchase Details
Listed on
Dec 6, 2011
Closed on
Apr 9, 2012
Sold by
Gale Kenneth A
Bought by
Walzer Andrew and Walzer Zonia
Seller's Agent
Peter Kappelos
Estate Properties
Buyer's Agent
Sally Sussman
Sotheby's International Realty
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$391,450
Interest Rate
3.94%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walzer Andrew Howard | -- | None Available | |
| Walzer Andrew | $435,000 | Pacific Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walzer Andrew Howard | $75,000 | |
| Open | Walzer Andrew Howard | $396,500 | |
| Closed | Walzer Andrew Howard | $50,000 | |
| Closed | Walzer Andrew | $20,150 | |
| Closed | Walzer Andrew | $391,450 | |
| Previous Owner | Gale Kenneth A | $397,500 | |
| Previous Owner | Gale Kenneth A | $395,000 | |
| Previous Owner | Gale Kenneth A | $290,000 | |
| Previous Owner | Gale Kenneth A | $50,000 | |
| Previous Owner | Gale Kenneth A | $260,000 | |
| Previous Owner | Gale Kenneth A | $40,000 | |
| Previous Owner | Gale Kenneth A | $204,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2012 05/21/12 | Sold | $435,000 | 0.0% | $372 / Sq Ft |
| 03/21/2012 03/21/12 | Pending | -- | -- | -- |
| 03/08/2012 03/08/12 | Price Changed | $435,000 | +1.4% | $372 / Sq Ft |
| 01/04/2012 01/04/12 | Price Changed | $429,000 | -4.5% | $367 / Sq Ft |
| 12/06/2011 12/06/11 | For Sale | $449,000 | -- | $384 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,787 | $546,373 | $388,869 | $157,504 |
| 2024 | $6,787 | $535,661 | $381,245 | $154,416 |
| 2023 | $6,674 | $525,159 | $373,770 | $151,389 |
| 2022 | $6,577 | $514,863 | $366,442 | $148,421 |
| 2021 | $6,393 | $504,768 | $359,257 | $145,511 |
| 2019 | $6,275 | $489,798 | $348,602 | $141,196 |
| 2018 | $5,905 | $480,195 | $341,767 | $138,428 |
| 2016 | $5,674 | $461,550 | $328,497 | $133,053 |
| 2015 | $5,596 | $454,618 | $323,563 | $131,055 |
| 2014 | $5,526 | $445,713 | $317,225 | $128,488 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Kappelos
-
S
Buyer's Agent in 2012
Sally Sussman
Sotheby's International Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S11157140
APN: 4267-002-050
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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