NOT LISTED FOR SALE

Estimated Value: $1,503,000 - $2,156,000

2 Beds
2 Baths
1,427 Sq Ft
$930/mo HOA Fee

Last Sold December 15, 2017

Last sale price $1,588,000 $1,113 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $13,021/month

5 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Heated In Ground Pool
  • John Muir Elementary School Rated A
  • Gated with Attendant
  • 1-minute walk to Dorothy Green Park

About This Home

As of December 2017

Sea Colony III - Premiere High Floor Unit with Ocean and City Views. Light and Bright Southern Exposure in one of Santa Monica's Most Prestigious Buildings. Ocean views from the living room, outdoor patio, and 2nd bedroom. A large updated master bedroom with a walk-in closet, direct access to private patio, and an updated master bathroom. It also has an expansive and updated living room with wood burning fireplace, updated open kitchen, second bedroom, full 2nd bathroom, and a breakfast nook that can be used as an office. The building features 24-hour security, secured side by side parking, earthquake insurance, storage, large sun-soaked decks for lounging, a full-size pool, 3 spas, terrific gym, sauna, meeting rooms, and even offers guest parking. Steps from the beach and the best of Main Street.

Last Agent to Sell the Property

Brett Raskin

Compass License #01912796 Listed on: 10/20/2017

Compass

Last Buyer's Agent

Molly Ballantine

Compass License #02004743

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,128

Year Built

  • Built in 1987

Lot Details

  • 4.5

HOA Fees

  • $930 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,427 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Covered Spaces
  • Side by Side Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Features

  • Covered Patio or Porch
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4288-021-174

Community Details

Overview

  • Association fees include earthquake insurance, security, sewer, trash, water and sewer paid
  • 153 Units
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,128

Year Built

Built in 1987

Lot Details

0

HOA Fees

$930 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Sea Colony III
  • Entry Floor: 5
  • Living Area: 1427
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 5
  • Year Built: 1987
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Marble, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Hood Fan, Range/Oven, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1050.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated
  • Pool: Yes
  • Spa: Community, Heated, Hot Tub
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Clubhouse, Elevator, Exercise Room, Fitness Center, Gated Community Guard, Pool, Sauna, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Security, Sewer, Trash, Water and Sewer Paid
  • HOA Fees: 930.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4288-021-174
  • Geocode Override: No
  • Lot Size Area: 196170

Multi Family

  • Number Of Units: 153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 1, 2017
Sold by
Tow Dennis W and Lo Wendy Shuk Yi
Bought by
Fanwick Kerry and Fanwick Naomi
Seller's Agent
Brett Raskin
Compass
Buyer's Agent
Molly Ballantine
Compass
List Price
$1,499,000
Sold Price
$1,588,000
Premium/Discount to List
$89,000
5.94%
Current Estimated Value
$1,886,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,797
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
May 30, 2016
Sold by
Tow Dennis and Yi Wendy Lo Shuk
Bought by
Dennis W Tow & Wendy Shuk Yi Lo 2016 Tru

Purchase Details

Listed on
Feb 13, 2013
Closed on
Jan 16, 2013
Sold by
Engl Kevin Jon and Engl Sara
Bought by
Tow Dennis and Yi Wendy Lo Shuk
Seller's Agent
Nili Hudson
Compass
Buyer's Agent
Christina Hildebrand
Crosby Doe Associates, Inc.
Sold Price
$5,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Oct 20, 2010
Sold by
Engl Kevin Jon and Engl Sara
Bought by
Engl Kevin Jon and Engl Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Schoeman Gary and Schoeman Charles Christina
Bought by
Engl Kevin Jon and Engl Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2004
Sold by
Charles Christina M
Bought by
Schoeman Gary and Schoeman Charles Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2002
Sold by
Green Christopher J and Pougnet Stephen P
Bought by
Charles Christina M

Purchase Details

Closed on
Apr 12, 2000
Sold by
Duncan Lea A
Bought by
Green Christopher J and Pougnet Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Fanwick Kerry $1,588,000 Lawyers Title
Dennis W Tow & Wendy Shuk Yi Lo 2016 Tru -- None Available
Tow Dennis $1,133,000 Fidelity Van Nuys
Engl Kevin Jon -- Pacific Coast Title Company
Engl Kevin Jon $1,200,000 Southland Title
Schoeman Gary -- Ticor Title Company
Charles Christina M $650,000 Southland Title Company
Green Christopher J $580,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engl Kevin Jon $727,000
Previous Owner Engl Kevin Jon $110,000
Previous Owner Engl Kevin Jon $729,750
Previous Owner Engl Kevin Jon $840,000
Previous Owner Schoeman Gary $750,000
Previous Owner Schoeman Gary $195,000
Previous Owner Charles Christina M $200,000
Previous Owner Green Christopher J $464,000
Closed Green Christopher J $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $1,588,000 +5.9% $1,113 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $1,499,000 0.0% $1,050 / Sq Ft
03/03/2015 03/03/15 Rented $6,150 -2.4% --
02/01/2015 02/01/15 Under Contract -- -- --
01/19/2015 01/19/15 For Rent $6,300 +8.6% --
02/20/2013 02/20/13 Rented $5,800 0.0% --
02/20/2013 02/20/13 Under Contract -- -- --
02/13/2013 02/13/13 For Rent $5,800 0.0% --
02/12/2013 02/12/13 Sold $1,133,000 -5.2% $794 / Sq Ft
11/23/2012 11/23/12 For Sale $1,195,000 -- $837 / 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 $21,128 $1,806,869 $1,445,497 $361,372
2024 $21,128 $1,771,441 $1,417,154 $354,287
2023 $20,789 $1,736,708 $1,389,367 $347,341
2022 $20,531 $1,702,656 $1,362,125 $340,531
2021 $20,028 $1,669,271 $1,335,417 $333,854
2019 $19,692 $1,619,760 $1,295,808 $323,952
2018 $18,535 $1,588,000 $1,270,400 $317,600
2017 $14,379 $1,202,156 $689,675 $512,481
2016 $13,918 $1,178,585 $676,152 $502,433
2015 $13,737 $1,160,882 $665,996 $494,886
2014 $13,540 $1,138,143 $652,951 $485,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-281878

The MLS

APN: 4288-021-174