NOT LISTED FOR SALE

Estimated Value: $2,072,000 - $2,552,900

3 Beds
2 Baths
1,600 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $1,430,000 $894 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $14,032/month

8 Days on Market

Highlights

  • Central Heating
  • 5 Car Garage
  • 4-minute walk to Douglas Park
  • McKinley Elementary School Rated A
  • 1-Story Property

About This Home

As of October 2015

Coastal charm abounds in this duplex, perfect for either owner/user or as a smart addition to your real estate portfolio. An inviting porch greets you at the front 2+1 bungalow, replete with vintage details - gas log fireplace, wood floors, moldings. Open living and dining room, with easy access to the lush, grassy, private courtyard. Bright + happy kitchen with bay window overlooking yard. Rear 1+1 unit is set atop the garage - an enchanting oasis with treetop views. Additional features include: shared laundry room, 5 car parking. Premier central Santa Monica location.. the 90 walk score says it all! Delivered 100% vacant at close. Please do not disturb owners/tenant.

Last Agent to Sell the Property

Janice Hou

Compass License #01418965 Listed on: 08/06/2015

Compass

Co-Listed By

Scott Price

Compass License #01418572

Last Buyer's Agent

Fiora Aston

Compass License #00991714

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,288

Year Built

  • Built in 1915

Lot Details

  • 5,326

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • Driveway

Additional Features

  • 5,326 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4276-020-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,288

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1600
  • Stories: 1
  • Year Built: 1915
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 874.38

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 5

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4276-020-014
  • Geocode Override: No
  • Lot Size Area: 5326

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 8, 2015
Sold by
Mitchell Jerold C and Mitchell Natalie
Bought by
Case Thomas H and Case Abbi
Seller's Agent
Janice Hou
Compass
Buyer's Agent
Fiora Aston
Compass
List Price
$1,399,000
Sold Price
$1,430,000
Premium/Discount to List
$31,000
2.22%
Current Estimated Value
$2,300,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$870,725
Avg. Annual Appreciation
4.56%
Original Mortgage
$929,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2006
Sold by
Barner James C and Eisner Audrey
Bought by
Mitchell Jerold C and Mitchell Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1996
Sold by
Lichtgarn Peter W
Bought by
Lichtgarn Wayne B and Lichtgarn Ardis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
8.11%

Purchase Details

Closed on
Oct 14, 1996
Sold by
Lichtgarn Family Trust Lichtgarn Wayne And Ar
Bought by
Barner James C and Eisner Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
8.11%
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
Case Thomas H $1,455,000 Fidelity National Title Co
Mitchell Jerold C $1,100,000 Fidelity Van Nuys
Lichtgarn Wayne B -- Fidelity Title
Barner James C $257,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Case Thomas H $1,053,000
Closed Case Thomas H $1,093,000
Closed Case Thomas H $1,092,036
Closed Case Abbi $300,000
Closed Case Thomas H $240,000
Closed Case Thomas H $929,500
Previous Owner Mitchell Jerold C $825,000
Previous Owner Barner James C $175,000
Previous Owner Barner James C $413,100
Previous Owner Barner James C $272,000
Previous Owner Barner James C $50,000
Previous Owner Barner James C $231,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $1,430,000 +2.2% $894 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $1,399,000 -- $874 / 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 $21,288 $1,808,380 $1,248,903 $559,477
2024 $21,288 $1,772,922 $1,224,415 $548,507
2023 $20,949 $1,738,159 $1,200,407 $537,752
2022 $20,805 $1,714,119 $1,176,870 $537,249
2021 $20,291 $1,680,510 $1,153,795 $526,715
2020 $19,821 $1,635,280 $1,141,965 $493,315
2019 $18,903 $1,544,057 $1,119,574 $424,483
2018 $17,777 $1,513,782 $1,097,622 $416,160
2016 $17,136 $1,455,000 $1,055,000 $400,000
2015 $14,757 $1,250,767 $1,080,212 $170,555
2014 $14,551 $1,226,268 $1,059,053 $167,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-930287

The MLS

APN: 4276-020-014