NOT LISTED FOR SALE

Estimated Value: $1,272,000 - $1,630,000

3 Beds
2.5 Baths
1,545 Sq Ft
$900/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $1,290,000 $835 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,028/month

9 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Granite Countertops
  • McKinley Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of October 2020

Live a true Southern California lifestyle! Nestled in central Santa Monica, this wonderful 3 bedroom and 2.5 bathroom contemporary unit boasts an extremely rare large private terrace featuring a gorgeous hot tub and plenty of space to soak up the sun. The new owners will love having air conditioning, direct entry carport, vaulted bedroom ceilings, renovated bathrooms, multiple skylights, modern kitchen, in-unit laundry, beautiful hardwood floors, a lower level secondary patio, and so much more. Master bedroom features a spacious ensuite bath and ample closets along with access to the side and main patio, while the two secondary bedrooms are flooded with light and plenty of room for kids or a home office. This quiet 6-Unit complex is just steps from Whole Foods, pharmacies, gyms, and quick drive to downtown Santa Monica and the beach!

Last Agent to Sell the Property

Michael Winestone

The Passman Group, Inc. License #01962276 Listed on: 10/01/2020

Last Buyer's Agent

Timo Ketola

310 Properties License #01495040

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1963

Lot Details

  • 7,483 Sq Ft Lot
  • Gated Home

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,545 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Attached Carport

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4282-017-033

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access

Townhouse Details

Home Type

Townhome

Year Built

Built in 1963

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: 1314 16th St
  • Entry Floor: 1
  • Living Area: 1545
  • Lot Acreage: 0.1718
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Wood, Stone
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dryer, Dishwasher, Ceiling Fan, Microwave, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Inclusions: Fridge, Stove, Microwave, Dishwasher, Washing Machine, Dryer
  • Price Per S Q F T: 808.41

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony
  • Patio: Deck(s)
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Card/Code Access

Association/Amenities

  • Pet Rules: Permitted Types, Pets Permitted, Yes, Weight Limit

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 4282-017-033
  • Lot Size Area: 7483

Multi Family

  • Number Of Units: 6

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Yanicka Denocker Special Trust
Bought by
Ydn Real Estate Llc
Current Estimated Value
$1,389,953

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 16, 2020
Sold by
Benham Matthew Peter Chan and Benham Camilla Chan
Bought by
Goad Gregory
Seller's Agent
Michael Winestone
The Passman Group, Inc.
Buyer's Agent
Timo Ketola
310 Properties
List Price
$1,249,000
Sold Price
$1,290,000
Premium/Discount to List
$41,000
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%

Purchase Details

Closed on
Sep 14, 2014
Sold by
Benham Matthew
Bought by
Chan Benham Family Trust

Purchase Details

Closed on
Jan 5, 2011
Sold by
Elder Ruth
Bought by
Benham Matthew and Benham Camilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2008
Sold by
Elder Ruth B
Bought by
Elder Ruth and The Ruth Elder Family Trust

Purchase Details

Closed on
Sep 24, 2004
Sold by
Freeman Joseph Mark
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
$522,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Cowell Lisa A
Bought by
Freeman Joseph Mark and Anguiano Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,600
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2000
Sold by
Opper Russell I
Bought by
Cowell Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
9.62%

Purchase Details

Closed on
Mar 13, 1998
Sold by
Opper Lynne
Bought by
Opper Russell I and Musikar Debora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.9%

Purchase Details

Closed on
Feb 8, 1998
Sold by
Opper Lynne
Bought by
Opper Lynne and Opper Russell I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ydn Real Estate Llc -- Mcdermott Will & Emery Llp
Goad Gregory $1,290,000 Fidelity National Title
Chan Benham Family Trust -- None Available
Benham Matthew $730,000 Equity Title Los Angeles
Elder Ruth -- None Available
Elder Ruth B $737,000 Equity Title Company
Freeman Joseph Mark $717,000 Equity Title Company
Cowell Lisa A $380,000 Equity Title Company
Opper Russell I -- Chicago Title Co
Opper Lynne -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benham Matthew $584,000
Previous Owner Elder Ruth B $522,000
Previous Owner Freeman Joseph Mark $573,600
Previous Owner Cowell Lisa A $304,000
Previous Owner Opper Russell I $252,000
Closed Freeman Joseph Mark $71,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Sold $1,290,000 +3.3% $835 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,249,000 -- $808 / 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 $16,249 $1,374,263 $1,099,411 $274,852
2024 $16,249 $1,347,317 $1,077,854 $269,463
2023 $16,233 $1,342,115 $1,073,692 $268,423
2022 $16,028 $1,315,800 $1,052,640 $263,160
2021 $15,627 $1,290,000 $1,032,000 $258,000
2019 $10,409 $838,402 $608,704 $229,698
2018 $9,797 $821,964 $596,769 $225,195
2016 $9,427 $790,048 $573,597 $216,451
2015 $9,302 $778,182 $564,982 $213,200
2014 $9,173 $762,939 $553,915 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-632384

The MLS

APN: 4282-017-033