NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,113,293

3 Beds
3 Baths
1,278 Sq Ft
$385/mo HOA Fee

Last Sold December 23, 2024

Last sale price $1,020,000 $798 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,773/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Controlled Access
  • McKinley Elementary School Rated A
  • Living Room
  • Detached Carport Space

About This Home

As of December 2024

Fantastic Santa Monica townhome, nestled in central Santa Monica! This unique 3 bedroom and 2.5 bathroom contemporary unit features vaulted bedroom ceilings, renovated bathrooms, multiple skylights, stainless steel appliances, in-unit laundry, beautiful hardwood floors and a roomy first floor patio. The master bedroom features an ensuite bath, walk-in closet, and a private patio, while the two secondary bedrooms are perfect for kids bedrooms or a cozy home office. This quiet 6-unit complex is just steps from Whole Foods, great restaurants, and gyms, and a quick drive to downtown Santa Monica and the beach! Live the Santa Monica lifestyle at its finest!!

Last Agent to Sell the Property

Thomas Hilal

Nourmand & Associates-BH License #01354379 Listed on: 11/08/2024

Nourmand & Associates-BH

Co-Listed By

Taylor Kogler

Nourmand & Associates-BW License #02067050

Last Buyer's Agent

Taylor Kogler

Nourmand & Associates-BW License #02067050

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • 7,484

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,278 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Detached Carport Space

Additional Features

  • Gated Home
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4282-017-032

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Cape Cod
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: 1314 16th Street
  • Entry Floor: 1
  • Living Area: 1278
  • Lot Acreage: 0.1718
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Washer
  • Price Per S Q F T: 837.25

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport, Carport Detached
  • Total Parking: 1

Utilities

  • Heating: Wall
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 385.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4282-017-032
  • Lot Size Area: 7485

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Nov 25, 2024
Sold by
David J Elbaz Family Trust and Elbaz David J
Bought by
Larronde-Larretche Eric
Seller's Agent
Thomas Hilal
Nourmand & Associates-BH
Buyer's Agent
Taylor Kogler
Nourmand & Associates-BW
List Price
$1,070,000
Sold Price
$1,020,000
Premium/Discount to List
-$50,000
-4.67%
Views
54
Current Estimated Value
$1,042,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,573
Avg. Annual Appreciation
2.21%
Original Mortgage
$450,000
Outstanding Balance
$430,913
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$611,661

Purchase Details

Closed on
Aug 25, 2016
Sold by
Elbaz David
Bought by
Elbaz David J and David J Elbaz Family Trust

Purchase Details

Closed on
Apr 25, 2016
Sold by
Webb Lauren M
Bought by
Elbaz David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
Sold by
Elbaz David J
Bought by
Elbaz David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Elder Ruth B
Bought by
Elbaz David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Walia Susan
Bought by
Elder Ruth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.95%

Purchase Details

Closed on
Oct 11, 2000
Sold by
Schwabe Matthew C
Bought by
Walia Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,400
Interest Rate
5.32%

Purchase Details

Closed on
Dec 22, 1994
Sold by
Schwabe Harold O
Bought by
Schwabe Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Larronde-Larretche Eric $1,020,000 Old Republic Title
Larronde-Larretche Eric $1,020,000 Old Republic Title
Elbaz David J -- None Available
Elbaz David J -- Ticor Title Company Of Ca
Elbaz David J -- Ticor Title Company Of Ca
Elbaz David $660,000 Equity Title Company
Elder Ruth B $430,000 First American Title Co
Walia Susan $365,000 United Title Company
Schwabe Matthew C -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larronde-Larretche Eric $450,000
Closed Larronde-Larretche Eric $450,000
Previous Owner Elbaz David J $526,000
Previous Owner Elbaz David $528,000
Previous Owner Elder Ruth B $344,000
Previous Owner Walia Susan $328,400
Previous Owner Schwabe Matthew C $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $1,020,000 -4.7% $798 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $1,070,000 0.0% $837 / Sq Ft
08/24/2021 08/24/21 Rented $3,795 0.0% --
08/10/2021 08/10/21 For Rent $3,795 +5.4% --
02/08/2018 02/08/18 Rented $3,600 0.0% --
02/01/2018 02/01/18 Price Changed $3,600 -2.7% $3 / Sq Ft
01/22/2018 01/22/18 For Rent $3,700 +12.3% --
12/14/2015 12/14/15 Rented $3,295 0.0% --
11/30/2015 11/30/15 Price Changed $3,295 -3.1% $3 / Sq Ft
11/02/2015 11/02/15 For Rent $3,400 -- --
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 $11,099 $1,020,000 $864,700 $155,300
2024 $11,099 $901,927 $721,549 $180,378
2023 $10,920 $884,243 $707,401 $176,842
2022 $10,775 $866,906 $693,531 $173,375
2021 $10,496 $849,909 $679,933 $169,976
2019 $10,314 $824,703 $659,767 $164,936
2018 $9,709 $808,533 $646,831 $161,702
2016 $9,348 $777,139 $621,715 $155,424
2015 $9,225 $765,467 $612,377 $153,090
2014 $8,396 $689,000 $551,000 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-461759

The MLS

APN: 4282-017-032