NOT LISTED FOR SALE

131 Galleon St Unit 2 Marina Del Rey, CA 90292

Estimated Value: $1,904,000 - $2,783,000

3 Beds
3.5 Baths
2,121 Sq Ft
2,391 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $1,725,000 $813 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $14,463/month

139 Days on Market

Highlights

  • Coastline Views
  • Rooftop Deck
  • Recreation Room
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2021

Living here =A HUGE PRIVATE BONUS SPACE FOR AN EXECUTIVE HOME OFFICE, RECORDING STUDIO, BEACH CAVE/PARTY ROOM, OR CREATIVE SPACE W/KITCHENETTE and 1/4 BATH & front Patio & bonus 2nd laundry on the Ground Floor. Separate Bright Light filled home has Open Floor Plan w/14ft high Ceilings & Fireplace. Custom Kitchen = New Calcutta Quartz Countertops, Viking Range, Custom Cabinetry, New Industrial Kohler Faucet & Sink. A Spiral Staircase leads to a loft perfect for a Yoga/ Media room. French Doors open out to a private alfresco dining deck and up one more flight, a rooftop deck w/ Ocean Views. Smell the Ocean air & plant a Roof Garden. 2 sets of washer/dryers. Large En Suite Master Bedroom w/ Walk-in Closet & Bathroom w/ 2 Sinks, Jetted Spa/ Tub. 2 more Bedrooms/ 2 Bathrooms complete this Beach Pad. Plenty of Storage. 2 Car Garage & 1 Guest shared Parking Space. also listed for lease at $ 8500.00

Last Agent to Sell the Property

Venessa Blair

Compass License #01336889 Listed on: 05/14/2021

Compass

Last Buyer's Agent

Meritt Chanin

TSG Premier Realty License #01348088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,659

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • End Unit
  • South Facing Home
  • Privacy Fence

Property Views

  • Coastline
  • City Lights
  • Canal

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2,121 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Recreation Room
  • Loft

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Guest Parking

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4225-008-071

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,659

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: 131 Galleon Street Homeowners Assocation
  • Entry Floor: 2
  • Entry Location: Ground Level w/steps
  • Living Area: 2121
  • Lot Acreage: 0.0549
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 2
  • Year Built: 1988
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone Tile, Carpet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Dryer, Washer, Refrigerator, Range/Oven, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 847.71
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, High Ceilings (9 Feet+), End Unit
  • Fence: Privacy
  • Patio: Deck(s), Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Coastline, City, Canal, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4225-008-071
  • Lot Size Area: 2393

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Oct 6, 2021
Sold by
Wallace Lawrence E and Wallace Ann H
Bought by
Kerr Rhorie and Kerr Julia
Seller's Agent
Venessa Blair
Compass
Buyer's Agent
Meritt Chanin
TSG Premier Realty
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%
Current Estimated Value
$2,327,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,606
Avg. Annual Appreciation
8.09%
Original Mortgage
$1,000,000
Outstanding Balance
$915,855
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,411,751

Purchase Details

Closed on
Oct 13, 2017
Sold by
Wallace Lawrence E and Wallace Ann H
Bought by
Wallace Lawrence E and Wallace Ann H

Purchase Details

Closed on
Jul 12, 2005
Sold by
Mccubrey Llc
Bought by
Wallace Lawrence E and Wallace Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 2005
Sold by
Sullivan John C
Bought by
Mccubrey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2002
Sold by
Valero Victoria
Bought by
Sullivan John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.5%

Purchase Details

Closed on
Feb 6, 2002
Sold by
Lusk David A and Lusk Susan J
Bought by
Sullivan John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.5%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Milliman Richard and Milliman Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
7.62%

Purchase Details

Closed on
Dec 11, 1996
Sold by
Savarovsky Selivestr and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
7.62%
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
Kerr Rhorie $1,725,000 Equity Title
Wallace Lawrence E -- None Available
Wallace Lawrence E -- --
Mccubrey Llc -- --
Sullivan John C -- Southland Title Corporation
Sullivan John C $1,005,000 Southland Title Company
Milliman Richard $620,500 Investors Title Company
Home Svgs Of America Fsb $480,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Rhorie $250,000
Open Kerr Rhorie $1,000,000
Previous Owner Wallace Lawrence E $290,000
Previous Owner Wallace Lawrence E $329,500
Previous Owner Wallace Lawrence E $250,000
Previous Owner Wallace Lawrence E $345,000
Previous Owner Sullivan John C $100,000
Previous Owner Sullivan John C $750,000
Previous Owner Lusk David A $650,000
Previous Owner Milliman Richard $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $1,725,000 -4.1% $813 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $1,798,000 -2.8% $848 / Sq Ft
07/08/2021 07/08/21 For Sale $1,850,000 0.0% $872 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/25/2021 06/25/21 Price Changed $1,850,000 -5.1% $872 / Sq Ft
05/14/2021 05/14/21 For Sale $1,950,000 0.0% $919 / Sq Ft
10/02/2018 10/02/18 Rented $6,700 0.0% --
09/06/2018 09/06/18 Price Changed $6,700 -10.7% $3 / Sq Ft
08/16/2018 08/16/18 For Rent $7,500 +233.3% --
10/14/2014 10/14/14 Rented $2,250 0.0% --
10/14/2014 10/14/14 Under Contract -- -- --
09/23/2014 09/23/14 For Rent $2,250 -- --
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 $21,659 $1,830,583 $549,175 $1,281,408
2024 $21,659 $1,794,690 $538,407 $1,256,283
2023 $21,235 $1,759,500 $527,850 $1,231,650
2022 $20,238 $1,725,000 $517,500 $1,207,500
2021 $7,542 $632,158 $210,161 $421,997
2019 $7,313 $613,410 $203,929 $409,481
2018 $7,280 $601,383 $199,931 $401,452
2017 $7,121 $589,592 $196,011 $393,581
2016 $6,945 $578,032 $192,168 $385,864
2015 $6,824 $569,350 $189,282 $380,068
2014 $6,867 $558,198 $185,575 $372,623
Source: Public Records

Agents Affiliated with this Home

  • Venessa Blair

    Seller's Agent in 2021

    Venessa Blair

    Compass

    (323) 646-9444

    1 in this area

    13 Total Sales

    Venessa Blair
    Section Image
  • Meritt Chanin

    Buyer's Agent in 2021

    Meritt Chanin

    TSG Premier Realty

    (310) 848-7669

    1 in this area

    5 Total Sales

    Meritt Chanin
    Section Image

  • D

    Seller's Agent in 2014

    Denny Lyons

    HomeSmart Professionals

    Section Image
  • Ann Yellin

    Buyer's Agent in 2014

    Ann Yellin

    Coldwell Banker Realty

    (310) 666-1316

    8 in this area

    25 Total Sales

    Ann Yellin
    Section Image
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Map

Source: The MLS

MLS Number: 21-732106

The MLS

APN: 4225-008-071

California Los Angeles County Marina Del Rey 90292

131 Galleon St Unit 2, Marina Del Rey, CA

This home is located at 131 Galleon St Unit 2, Marina Del Rey, CA 90292 since 14 May 2021 and is currently estimated at $2,327,606, approximately $1,097 per square foot. This property was built in 1988. 131 Galleon St Unit 2 is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Marina Del Rey Middle School, and Venice High School.

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