NOT LISTED FOR SALE

Estimated Value: $782,000 - $962,000

2 Beds
2 Baths
1,040 Sq Ft
$500/mo HOA Fee

Last Sold December 21, 2020

Last sale price $682,500 $656 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,723/month

43 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • Granite Countertops
  • McKinley Elementary School Rated A
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of December 2020

SIGNIFICANT PRICE IMPROVEMENT Desirable College Streets, 2 bed/2 full bath, Santa Monica school district! Conveniently located between Wilshire Boulevard and Santa Monica Boulevard. Quiet tree lined street. 3 miles to the beach, close to the 3rd street promenade and amazing restaurants. Easy commute for UCLA/SMC students or working on the Westside. Great investment opportunity. A/C in every room. In unit stacked Bosch washer/dryer. Upgraded kitchen with reverse osmosis water filtration system. Sky lights in the bathrooms. Extra storage cabinet located in the parking area. There is one semi-tuck under parking space for this unit

Last Agent to Sell the Property

Jeffrey Peldon

No Firm Affiliation License #01208047 Listed on: 09/23/2020

Co-Listed By

Brian Calicchia

No Firm Affiliation License #01982550

Last Buyer's Agent

Ricky Otterstrom

Ryker Flint Commercial Inc. License #01865671

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 1 Common Wall

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,040 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Living Room Balcony
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 6 Units
  • 1331 Berkeley HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43800
  • Assessor Parcel Number 4267013030

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Washer, Dryer, 3 Air Conditioning Units (window mount)
  • Property Attached: Yes
  • View: No
  • Zoning: SMR2*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4267013030
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00 Square Feet
  • Interior Amenities: Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 656.25
  • Room Type: Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Attached Carport

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: 1331 Berkeley HOA
  • Phone: 5555555555
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: 1331 Berkeley HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7879.00
  • Lot Size Acres: 0.1809

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7879.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 7016.02
  • Tax Lot: 1
  • Tax Tract Number: 43800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2018
Sold by
Strauss Gil
Bought by
Haberman Todd and Haberman Jay P
Current Estimated Value
$854,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$424,214
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$429,902

Purchase Details

Closed on
Dec 26, 2017
Sold by
Haberman Glenda M
Bought by
Haberman Jay P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$424,214
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$429,902

Purchase Details

Listed on
Oct 13, 2014
Closed on
Feb 6, 2015
Sold by
Strauss Koreen
Bought by
Strauss Gil
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
David D Christensen
Homegrown Wealth Real Estate
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$381,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 13, 2014
Closed on
Feb 2, 2015
Sold by
Johnson Johnnie
Bought by
Strauss Gill
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
David D Christensen
Homegrown Wealth Real Estate
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2008
Sold by
Gordon Robin
Bought by
Johnson Johnnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2008
Sold by
Smith Keith L
Bought by
Johnson Johnnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Gitlen Gordon P
Bought by
Smith Keith and Smith Keith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
2.95%
Mortgage Type
Purchase Money Mortgage
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
Haberman Todd $630,000 Stewart Title Company
Haberman Jay P -- Stewart Title Company
Strauss Gil -- Old Republic Title
Strauss Gill $545,000 Old Republic Title
Johnson Johnnie -- Equity Title Los Angeles
Johnson Johnnie $495,000 Equity Title Los Angeles
Smith Keith $265,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haberman Todd $504,000
Previous Owner Strauss Gil $381,500
Previous Owner Johnson Johnnie $331,000
Previous Owner Smith Keith $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2020 12/21/20 Sold $682,500 -2.4% $656 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $699,000 -6.7% $672 / Sq Ft
10/07/2020 10/07/20 Price Changed $749,000 -5.1% $720 / Sq Ft
09/23/2020 09/23/20 For Sale $789,000 +44.8% $759 / Sq Ft
02/27/2015 02/27/15 Sold $545,000 -0.9% $524 / Sq Ft View Prior Sale
10/13/2014 10/13/14 For Sale $550,000 -- $529 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,612 $738,758 $591,007 $147,751
2024 $9,030 $724,273 $579,419 $144,854
2023 $8,883 $710,072 $568,058 $142,014
2022 $8,763 $696,150 $556,920 $139,230
2021 $8,531 $682,500 $546,000 $136,500
2020 $8,238 $655,451 $524,361 $131,090
2019 $8,149 $642,600 $514,080 $128,520
2018 $7,054 $575,662 $453,982 $121,680
2016 $6,788 $553,310 $436,354 $116,956
2015 $6,532 $530,381 $419,378 $111,003
2014 $6,448 $519,992 $411,163 $108,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20196621

California Regional Multiple Listing Service (CRMLS)

APN: 4267-013-030