NOT LISTED FOR SALE

12920 Runway Rd, Unit 222 Playa Vista, CA 90094

Estimated Value: $1,108,363 - $1,182,000

2 Beds
2 Baths
1,230 Sq Ft
$998/mo HOA Fee

Last Sold October 04, 2022

Last sale price $1,015,000 $825 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,273/month

10 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Playa Vista Elementary Rated A-
  • Automatic Gate
  • 1.17 Acre Lot

About This Home

As of October 2022

Pristine Playa Vista condo in the Primera Terra building offers 2 bedrooms plus a den and 2 full baths. An expertly designed courtyard welcomes you to the home's open layout featuring wood floors, high ceilings, and large windows which bring in natural light. The modern chef's kitchen is ideal for entertaining and includes an island, granite counter tops, and stainless appliances. With optimal separation and privacy, the primary suite is located towards the rear of the unit and is highlighted by a walk-in closet, bath with dual sink vanity, and large tub/shower combo. The den, spacious second bedroom, full hall bath, and laundry closet are located towards the entry. A comfortable terrace is perfect for your morning coffee or dining al fresco. With fresh paint throughout, newer carpet in the bedrooms and den, tankless water heater, two assigned parking spaces in the subterranean garage, additional storage closet, and complex perks of a BBQ area, outdoor fireplace lounge area, and community garden, this turnkey home is ready for its next, lucky owner. Shopping, restaurants, movie theater, grocery store and more are all just a short stroll away. Minutes to Marina Del Rey, LMU, and LAX Airport, this convenient location can't be beat. Homeowners also enjoy all the benefits of this wonderful community including multiple parks, pool, spa and access to The CenterPointe Club which offers resort like amenities including a fitness center, screening room, a lounge with outdoor patio, business center, and conference room. Everything you want and need is just moments away. Welcome home!

Last Agent to Sell the Property

Armen Sarkissian

Berkshire Hathaway HomeServices California Properties License #01242603 Listed on: 08/24/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Ann Shumbo

Vista Sotheby s International Realty License #01893205

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,066

Year Built

  • Built in 2011

Lot Details

  • East Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

Parking

  • Subterranean Parking
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,230 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Den
  • Security Lights

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4211-036-022

Community Details

Overview

  • Association fees include trash
  • 52 Units
  • Built by KB Homes
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,066

Year Built

Built in 2011

Lot Details

0

HOA Fees

$998 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builder Name: KB Homes
  • Complex Name: Primerra Terra
  • Entry Floor: 2
  • Living Area: 1230
  • Lot Acreage: 1.1720
  • Planned Urban Dev: 1
  • Probate: No
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 2011
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal, Hood Fan
  • Fireplace: No
  • Inclusions: All existing appliances with no guarantees or warranties.
  • Price Per S Q F T: 812.20
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Patio: Covered
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Subterr Tandem, Subterranean
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector, Automatic Gate
  • Water: District

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Extra Storage, Fire Pit, Gated Community, Fitness Center, Gated Parking, Picnic Area
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Trash
  • HOA Fees: 712.80
  • HOA Fees: 285.00
  • HOA: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4211-036-022
  • Lot Size Area: 51051

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 52

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2012
Sold by
Runway Lofts Venture Llc
Bought by
Turner Walter E and Turner Marie H
Current Estimated Value
$1,138,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$171,716
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$966,875
Source: Public Records

Range of Values:

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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
Turner Walter E $601,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Walter E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $1,015,000 +1.6% $825 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $999,000 -- $812 / 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 $15,066 $1,056,005 $709,240 $346,765
2024 $15,066 $1,035,300 $695,334 $339,966
2023 $14,821 $1,015,000 $681,700 $333,300
2022 $10,795 $697,391 $419,132 $278,259
2021 $10,698 $683,717 $410,914 $272,803
2019 $10,363 $663,439 $398,727 $264,712
2018 $10,407 $650,431 $390,909 $259,522
2016 $9,980 $625,177 $375,731 $249,446
2015 $9,833 $615,788 $370,088 $245,700
2014 $9,823 $603,727 $362,839 $240,888
Source: Public Records

Agents Affiliated with this Home

  • Armen Sarkissian

    Seller's Agent in 2022

    Armen Sarkissian

    Berkshire Hathaway HomeServices California Properties

    (626) 695-2808

    1 in this area

    104 Total Sales

    Armen Sarkissian
    Section Image

  • A

    Buyer's Agent in 2022

    Ann Shumbo

    Vista Sotheby s International Realty

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About This Building

Map

Source: The MLS

MLS Number: 22-192321

The MLS

APN: 4211-036-022

California Los Angeles County Playa Vista 90094

12920 Runway Rd Unit 222, Playa Vista, CA

This home is located at 12920 Runway Rd Unit 222, Playa Vista, CA 90094 since 24 August 2022 and is currently estimated at $1,138,591, approximately $925 per square foot. This property was built in 2011. 12920 Runway Rd Unit 222 is a home located in Los Angeles County with nearby schools including Playa Vista Elementary, Wright Middle School STEAM Magnet, and Westchester Enriched Sciences Magnets.

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