$552,700
SOLD APR 9, 2021
1 Bed
1 Bath
620 Sq Ft
7,524 Sq Ft Lot

Recently Sold

$891 Per Sq Ft

3% Above List Price

16 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Views
  • Roosevelt Elementary School Rated A+
  • Corner Lot
  • Living Room

About This Home

As of June 2022

Located in a coveted North of Wilshire neighborhood of Santa Monica, and little more than a mile away from the bluffs and beaches, this quiet, charming, 8-unit building is the most affordable opportunity to live in one of the best cities on the West Coast. This top-floor unit features both a front and rear entrance. Upon entry, you are greeted by a large picture window that floods the living area with natural light, mild ocean breezes and palm tree views. There is gorgeous original oak flooring throughout, and ample storage which includes 4 closets. Highly walkable and bikeable, this home is just seconds from the Third St. Promenade and Montana Ave. with its eateries, shopping, and Zagat-rated restaurants & bars.

Last Agent to Sell the Property

Gina Corso

Allen Vance License #02013744 Listed on: 02/16/2021

Allen Vance

Last Buyer's Agent

Derek Reilly

Redfin License #02072548

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,864

Year Built

  • Built in 1953

Lot Details

  • 7,524 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Property is zoned SMR2*

HOA Fees

  • $339 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 620 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Wood Flooring
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4281-014-081

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,864

Year Built

Built in 1953

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Located in a coveted North of Wilshire neighborhood of Santa Monica, and little more than a mile away from the bluffs and beaches, this quiet, charming, 8-unit building is the most affordable opportunity to live in one of the best cities on the West Coast. This corner, top-floor unit has no shared walls and features both a front and rear entrance. Upon entry, you are greeted by a large picture window that floods the living area with natural light, mild ocean breezes and palm tree views. There is gorgeous original oak flooring throughout, and ample storage which includes 4 closets. Highly walkable and bikeable, this home is just seconds from the Third St. Promenade and Montana Ave. with its eateries, shopping, and Zagat-rated restaurants & bars.
  • Complex Name: 1325 Washington Ave
  • Entry Floor: 2
  • Living Area: 620
  • Lot Acreage: 0.1727
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1953
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Ceiling Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 869.35

Exterior Features

  • Balcony: None
  • Direction Faces: South
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Permit/Decal

Utilities

  • Heating: Floor Furnace

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 339.00
  • HOA: Yes
  • Unit Location: Top corner

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Rent Control, Property Report
  • Assessor Parcel Number: 4281-014-081
  • Lot Location: Corner Lot
  • Lot Size Area: 7524

Multi Family

  • Number Of Units: 8

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 12, 2021
Sold by
Heckenberg David W and Heckenberg Janis Stephanie
Bought by
Morris Janeen
Seller's Agent
Gina Corso
Allen Vance
Buyer's Agent
Derek Reilly
Redfin
List Price
$539,000
Sold Price
$552,700
Premium/Discount to List
$13,700
2.54%
Current Estimated Value
$765,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,316
Avg. Annual Appreciation
9.73%
Original Mortgage
$525,065
Outstanding Balance
$474,344
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$350,348

Purchase Details

Closed on
Oct 3, 2019
Sold by
Heckenberg David W and Heckenberg Janis Stephanie
Bought by
Heckenberg David W and Heckenberg Janis Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.5%

Purchase Details

Listed on
Feb 8, 2019
Closed on
Mar 25, 2019
Sold by
Aoyagi Kirk and Aoyagi Cassy
Bought by
Heckenberg David Wallace and Heckenberg Janis Stephanie
Seller's Agent
Madison Hildebrand
Compass
Buyer's Agent
Lee Ziff
Keller Williams Beverly Hills
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$420,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Rosen Albert and Rosen Myra
Bought by
Aoyagi Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed $553,000 First American Title Company
Warranty Deed -- Western Resources Title Co
Grant Deed $525,000 Lawyers Title
Grant Deed $150,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,065 New Conventional
Previous Owner $406,500 New Conventional
Previous Owner $416,000 No Value Available
Previous Owner $420,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $770,000 -3.6% $1,242 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $799,000 +44.6% $1,289 / Sq Ft
04/09/2021 04/09/21 Sold $552,700 +2.5% $891 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $539,000 +2.7% $869 / Sq Ft
04/03/2019 04/03/19 Sold $525,000 0.0% $847 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $525,000 -- $847 / 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 $9,864 $817,128 $653,703 $163,425
2024 $9,864 $801,107 $640,886 $160,221
2023 $9,703 $785,400 $628,320 $157,080
2022 $7,168 $563,754 $451,044 $112,710
2021 $6,840 $541,047 $432,838 $108,209
2020 $6,792 $535,500 $428,400 $107,100
2019 $4,789 $101,655 $76,013 $25,642
2018 $1,636 $99,663 $74,523 $25,140
2016 $1,561 $95,795 $71,630 $24,165
2015 $1,538 $94,358 $70,555 $23,803
2014 $1,531 $92,510 $69,173 $23,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-693984

The MLS

APN: 4281-014-081