NOT LISTED FOR SALE

Estimated Value: $1,190,000 - $1,407,000

3 Beds
2 Baths
1,310 Sq Ft
$1,155/mo HOA Fee

Last Sold September 11, 2024

Last sale price $1,350,000 $1,031 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,483/month

46 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Primary Bedroom Suite
  • Playa Vista Elementary Rated A-
  • Oceanside
  • Gated Parking

About This Home

As of September 2024

Primera Terra is a beacon of luxury condominiums nestled in the heart of Playa Vista bordered by Marina Del Rey and Loyola Marymount University. Constructed in 2011, this LEED-certified property offers a blend of sophistication and loft-like living with all homes oriented around communal spaces that include fountains, gathering areas and community gardens. The complex is near public amenities, such as restaurants, dog parks, theaters and playgrounds, and includes private HOA resources associated with the Center Pointe Club such as a fitness center, business center, swimming pools and tennis courts. This second floor single-level unit offers three spacious bedrooms and two well-appointed bathrooms. It is conveniently located close to the elevator, providing easy access between the unit and the secured parking area. 10-foot ceilings and an open floor plan create an expansive living space. The entryway, great room, and dining area have elegant engineered wood flooring, which adds a touch of warmth to the modern design. The gourmet kitchen is anchored by a center island, stainless steel appliances, granite countertops, and ample cabinetry. Seamlessly connected to the great room and dining room, it's perfect for entertaining or enjoying a quiet meal at home. A covered corner terrace is adjacent to the kitchen/dining area. The primary bedroom, complete with an ensuite bathroom featuring dual vanities and a walk-in closet, is a private retreat at the opposite end of the unit from the other bedrooms. The two additional bedrooms and full bathroom provide plenty of space for family or guests. Practical amenities include in-unit laundry and a tank-less water heater, as well as two secure subterranean parking spots. Experience the allure of Primera Terra - a must-see property that truly feels like home.

Last Agent to Sell the Property

Peter Martocchio

Coldwell Banker Realty License #01311046 Listed on: 06/27/2024

Coldwell Banker Realty

Co-Listed By

Diane Lasell

Coldwell Banker Realty License #01894849

Last Buyer's Agent

Jeremy Hensley

Berkshire Hathaway HomeServices California Properties License #02078139

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,629

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 1,310 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer

Home Security

Parking

  • Parking Garage
  • Gated Parking
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Oceanside
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near a clubhouse
  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4211-036-032

Community Details

Overview

  • Association fees include building and grounds, clubhouse, sewer, trash
  • 52 Units
  • Seabreeze Management Dwight Tanjay Association
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

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

$17,629

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$1,155 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Primera Terra is a beacon of luxury condominiums nestled in the heart of Playa Vista bordered by Marina Del Rey and Loyola Marymount University. Constructed in 2011, this LEED-certified property offers a blend of sophistication and loft-like living with all homes oriented around communal spaces that include fountains, gathering areas and community gardens. The complex is near public amenities, such as restaurants, dog parks, theaters and playgrounds, and includes private HOA resources associated with the Center Pointe Club such as a fitness center, business center, swimming pools and tennis courts. This second floor single-level unit offers three spacious bedrooms and two well-appointed bathrooms. It is conveniently located close to the elevator, providing easy access between the unit and the secured parking area. 10-foot ceilings and an open floor plan create an expansive living space.
  • Complex Name: Primera Terra
  • Entry Floor: 2
  • Exclusions: All staging is excluded
  • Living Area: 1310
  • Lot Acreage: 1.1723
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 2011
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Turnkey
  • Flooring: Carpet, Engineered Hardwood, Stone Tile
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Island, Remodeled, Open to Family Room
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Ceiling Fan, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Water Line to Refrigerator, Refrigerator, Range/Oven
  • Fireplace: No
  • Inclusions: All appliances
  • Price Per S Q F T: 1053.44
  • Windows: Mini Blinds, Drapes/Curtains

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Other Features: Balcony, Energy Efficient, High Ceilings (9 Feet+)
  • Exposure: West
  • Patio: Balcony, Covered
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Gated, Subterranean
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Card/Code Access, Fire Sprinklers, Gated
  • Sewer: In Connected and Paid

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Clubhouse, Elevator, Tennis Courts, Gated Parking, Guest Parking, Hot Water, Pool, Playground, Fitness Center, Spa, Picnic Area
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Clubhouse, Sewer, Trash
  • HOA Fees: 855.36
  • Management Company: Seabreeze Management-Dwight Tanjay
  • Mgmt Co Phone: 3108176048|
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4211-036-032
  • Lot Description: Sidewalks, Street Paved
  • Lot Location: Near Public Transit, Close to Clubhouse, Ocean Side of Freeway, Park Nearby
  • Lot Size Area: 51065

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 52

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 15, 2024
Sold by
Bagheri Bruce and Bagheri Firozeh Fariba
Bought by
Herschmann Ori and Herschmann Orli C
Seller's Agent
Peter Martocchio
Coldwell Banker Realty
Buyer's Agent
Jeremy Hensley
Berkshire Hathaway HomeServices California Properties
List Price
$1,380,000
Sold Price
$1,350,000
Premium/Discount to List
-$30,000
-2.17%
Views
42
Current Estimated Value
$1,297,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,527
Avg. Annual Appreciation
-2.84%
Original Mortgage
$766,000
Outstanding Balance
$758,509
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$550,498

Purchase Details

Closed on
Aug 12, 2021
Sold by
Bodiwala Shaila B and Naik Arun N
Bought by
Naik Nishant A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2021
Sold by
Naik Nishant A
Bought by
Bagheri Bruce and Bagheri Firozeh Fariba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2016
Sold by
Naik Vishal A and Naik Arun N
Bought by
Bodiwala Shaila B and Naik Arun N

Purchase Details

Closed on
Sep 7, 2011
Sold by
Runway Lofts Venture Llc
Bought by
Naik Vishal A and Naik Arun N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,792
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Herschmann Ori $1,350,000 Equity Title - Los Angeles
Naik Nishant A -- First American Title Company O
Bagheri Bruce $1,200,000 First American Title Company O
Bodiwala Shaila B -- Nextitle
Naik Vishal A $516,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herschmann Ori $766,000
Previous Owner Bagheri Bruce $822,000
Previous Owner Naik Vishal A $492,792
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2024 09/11/24 Sold $1,350,000 -2.2% $1,031 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,380,000 -- $1,053 / 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 $17,629 $1,350,000 $1,007,600 $342,400
2024 $17,629 $1,248,479 $946,243 $302,236
2023 $17,334 $1,224,000 $927,690 $296,310
2022 $16,741 $1,200,000 $909,500 $290,500
2021 $11,556 $749,271 $298,992 $450,279
2020 $11,609 $741,589 $295,927 $445,662
2019 $11,198 $727,049 $290,125 $436,924
2018 $11,242 $712,794 $284,437 $428,357
2016 $9,059 $547,494 $218,997 $328,497
2015 $8,925 $539,271 $215,708 $323,563
2014 $8,912 $528,708 $211,483 $317,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-408227

The MLS

APN: 4211-036-032