NOT LISTED FOR SALE

1423 Franklin St Unit 2 Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $1,375,000 - $4,908,000

2 Beds
2 Baths
750 Sq Ft
$4,481/Sq Ft Est. Value

About This Home

This home is located at 1423 Franklin St Unit 2, Santa Monica, CA 90404 and is currently estimated at $3,360,904, approximately $4,481 per square foot. 1423 Franklin St Unit 2 is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 20, 2021
Sold by
Hekmatjah David
Bought by
Franklin Orchid Llc
Seller's Agent
Chad Railey
Keller Williams Hollywood Hills
Buyer's Agent
Chad Railey
Keller Williams Hollywood Hills
Sold Price
$2,700
Current Estimated Value
$3,360,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,358,204
Original Mortgage
$1,200,000
Outstanding Balance
$1,106,354
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,254,550

Purchase Details

Listed on
Nov 23, 2021
Closed on
Oct 21, 2021
Sold by
Hekmatjah David
Bought by
Franklin Orchid Llc
Seller's Agent
Chad Railey
Keller Williams Hollywood Hills
Buyer's Agent
Chad Railey
Keller Williams Hollywood Hills
Sold Price
$2,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,106,354
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,254,550

Purchase Details

Closed on
Mar 1, 2019
Sold by
Hekma
Bought by
South

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.35%

Purchase Details

Closed on
Jun 28, 2005
Sold by
Braum Michael
Bought by
Hekmatjah David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
4.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2005
Sold by
Yermian Changiz
Bought by
Braum Michael and The Braum Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
4.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 9, 2002
Sold by
Yermian Manoucheher
Bought by
Yermian Manoucher and Yermian Jaleh

Purchase Details

Closed on
Oct 18, 1999
Sold by
Naimi Kayvan
Bought by
Yermian Changiz and Yermian Manoucheher
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Franklin Orchid Llc -- Stewart Title Of Ca Inc
Hekmatjah David -- Stewart Title Of Ca Inc
Franklin Orchid Llc -- Stewart Title Of Ca Inc
Hekmatjah David -- Stewart Title Of Ca Inc
Franklin Orchid Llc -- Accommodation/Courtesy Recordi
Franklin Orchid Llc -- Accommodation/Courtesy Recordi
South -- --
South -- --
Hekmatjah David -- Fidelity National Title Co
Hekmatjah David -- Fidelity National Title Co
Hekmatjah David -- Fidelity National Title Co
Hekmatjah David -- Fidelity National Title Co
Braum Michael $995,000 Lawyers Title Ins
Naimis Llc -- Lawyers Title Ins
Naimi Kayvan -- Lawyers Title Ins
Braum Michael $995,000 Lawyers Title Ins
Naimis Llc -- Lawyers Title Ins
Naimi Kayvan -- Lawyers Title Ins
Yermian Manoucher -- --
Yermian Manoucher -- --
Yermian Changiz -- --
Yermian Changiz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hekmatjah David $1,200,000
Previous Owner South --
Previous Owner Hekmatjah David $746,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Rented $2,700 -3.4% --
11/23/2021 11/23/21 For Rent $2,795 -- --

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 $25,171 $2,129,836 $949,770 $1,180,066
2024 $25,171 $2,088,076 $931,148 $1,156,928
2023 $24,772 $2,047,135 $912,891 $1,134,244
2022 $24,466 $2,006,996 $894,992 $1,112,004
2021 $23,852 $1,967,644 $877,444 $1,090,200
2020 $23,689 $1,947,469 $868,447 $1,079,022
2019 $2,844 $1,440,274 $851,419 $588,855
2018 $14,181 $1,195,034 $834,725 $360,309
2016 $13,670 $1,148,631 $802,312 $346,319
2015 $12,120 $1,011,000 $706,000 $305,000
2014 $10,293 $846,000 $591,000 $255,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chad Railey

    Keller Williams Hollywood Hills

    (310) 623-1300

    10 Total Sales

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Map

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

1423 Franklin St Unit 2, Santa Monica, CA

This home is located at 1423 Franklin St Unit 2, Santa Monica, CA 90404 and is currently estimated at $3,360,904, approximately $4,481 per square foot. 1423 Franklin St Unit 2 is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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