NOT LISTED FOR SALE

1243 Princeton St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $1,900,000 - $2,398,000

3 Beds
2 Baths
1,109 Sq Ft
$1,876/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $1,150,000 $1,037 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $12,371/month

24 Days on Market

Highlights

  • Spanish Architecture
  • Covered Patio or Porch
  • Dining Room
  • McKinley Elementary School Rated A
  • Laundry Room
  • 5-minute walk to Douglas Park

About This Home

As of July 2015

Spanish cottage in great Santa Monica location! First time on the market in 25 years. Walk to Wilshire and all the shops and restaurants. House is in need of TLC or tear down and build on this 5,997 square foot SMR2 lot. Large backyard with an abundance of fruit trees. Backyard also has a "lanai" entertaining space. Garage has been converted to an office.

Last Agent to Sell the Property

John Portman

Palisades Realty License #00899287 Listed on: 05/01/2015

Last Buyer's Agent

Ed Carpenter

Coldwell Banker Realty License #00269010

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,497

Year Built

  • Built in 1926

Lot Details

  • 5,997 Sq Ft Lot
  • Property is zoned SMR2*

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 1,109 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4267-006-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,497

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1109
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1284.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Tile
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4267-006-022
  • Geocode Override: No
  • Lot Size Area: 5997

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Hanasab Hersel and Saadat Shohreh
Bought by
Mi & Ma Properties Llc
Current Estimated Value
$2,080,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$856,896
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$1,223,253

Purchase Details

Closed on
Sep 21, 2021
Sold by
Mi & Ma Properties Llc
Bought by
Hanasab Hersel and Saadat Shohreh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$856,896
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$1,223,253

Purchase Details

Closed on
Aug 12, 2016
Sold by
Hansab Hersel
Bought by
Mi & Ma Properties Llc

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 21, 2015
Sold by
Chapel Patricia R
Bought by
Hanasab Hersel and Saadat Shohreh
Seller's Agent
John Portman
Palisades Realty
Buyer's Agent
Ed Carpenter
Coldwell Banker Realty
List Price
$1,425,000
Sold Price
$1,150,000
Premium/Discount to List
-$275,000
-19.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$805,000
Interest Rate
3.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Chapel Patricia R
Bought by
Chapel Patricia R and Patricia R Chapel Revocable Trust

Purchase Details

Closed on
Mar 1, 2000
Sold by
Family Trust Chapel Peter And Patricia Trs Ch
Bought by
Chapel Family Trust
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
Mi & Ma Properties Llc -- Chicago Title
Hanasab Hersel -- Chicago Title
Mi & Ma Properties Llc -- None Available
Hanasab Hersel $1,150,000 Fidelity Sherman Oaks
Chapel Patricia R -- --
Chapel Peter C -- --
Chapel Peter C -- --
Chapel Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanasab Hersel $950,000
Previous Owner Hanasab Hersel $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $1,150,000 -19.3% $1,037 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $1,425,000 -- $1,285 / 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 $16,497 $1,384,572 $1,089,091 $295,481
2024 $16,497 $1,357,425 $1,067,737 $289,688
2023 $16,231 $1,330,809 $1,046,801 $284,008
2022 $16,024 $1,304,716 $1,026,276 $278,440
2021 $15,624 $1,279,134 $1,006,153 $272,981
2019 $15,358 $1,241,196 $976,311 $264,885
2018 $14,423 $1,216,860 $957,168 $259,692
2016 $13,679 $1,150,000 $920,000 $230,000
2015 $1,535 $89,101 $78,925 $10,176
2014 -- $87,356 $77,379 $9,977
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Portman

    Palisades Realty

    Section Image

  • E

    Buyer's Agent in 2015

    Ed Carpenter

    Coldwell Banker Realty

    Section Image
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Map

Source: The MLS

MLS Number: 15-901279

The MLS

APN: 4267-006-022

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

1243 Princeton St, Santa Monica, CA

This home is located at 1243 Princeton St, Santa Monica, CA 90404 since 01 May 2015 and is currently estimated at $2,080,149, approximately $1,875 per square foot. This property was built in 1926. 1243 Princeton St is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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