NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,528,000

2 Beds
2.5 Baths
1,521 Sq Ft
$942/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $1,206,000 $793 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,331/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Property is near public transit
  • McKinley Elementary School Rated A
  • Open Floorplan
  • Bamboo Flooring

About This Home

As of May 2018

Luxurious condominium with 2 bedrooms, a loft, and 2 1/2 baths in prime Santa Monica location. Master suite has a loft-office, two story windows, and high ceilings. Unit is in excellent condition with granite counters throughout, bamboo flooring, fresh paint, new appliances, updated electrical and plumbing, and new bathroom fixtures. There are two third floor decks with wrap around breathtaking mountain and city views. Secured building with side-by-side parking and additional guest parking plus bonus storage room in subterranean garage. Close to beach, shops, freeway, schools and metrolink. A must see, this unit will go fast!

Last Agent to Sell the Property

Chan Shyong

Goodwell Investment Corp License #01876663 Listed on: 04/03/2018

Last Buyer's Agent

Sheena Burke

Coldwell Banker Realty License #01729873

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,165

Year Built

  • Built in 1992

Lot Details

  • 7,492 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Gate

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,521 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • High Ceiling
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Urban Location

Schools

  • Mckinley Elementary School
  • Lincoln Middle School
  • Santa Monica High School

Additional Features

  • Accessible Parking
  • Balcony
  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • 5 Units
  • 1427 18Th Association, Phone Number (310) 701-5871
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 48105
  • Assessor Parcel Number 4275010043

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,165

Year Built

Built in 1992

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: new gas range, new microwave oven, new dishwasher, new washer, and new dryer. Also, refrigerator.
  • Property Attached: Yes
  • Security: Automatic Gate
  • View: Yes
  • Zoning: SMR2*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4275010043
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1521.00 Square Feet
  • Interior Amenities: Balcony, Bar, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 792.90
  • Room Type: Master Suite, Office, Walk-In Closet

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 235.00
  • Association Fee Frequency: Monthly
  • Association Name: 1427 18th
  • Phone: 310-701-5871
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • School District: Santa Monica-Malibu Unified
  • Elementary School: McKinley
  • Middle School: Lincoln
  • High School: Santa Monica
  • Elementary School: McKinley
  • High School: Santa Monica
  • Middle Or Junior School: Lincoln
  • Elementary School #2: MCKINL
  • High School2: SANMON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7492.32

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 5
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 7017.02
  • Tax Lot: 1
  • Tax Tract Number: 48105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 26, 2018
Sold by
Hsieh Yenyao and Chen Stephen Ray
Bought by
Benjamin Sarah D and Benjamin Jeremy David
Seller's Agent
Chan Shyong
Goodwell Investment Corp
Buyer's Agent
Sheena Burke
Coldwell Banker Realty
List Price
$1,090,000
Sold Price
$1,206,000
Premium/Discount to List
$116,000
10.64%
Current Estimated Value
$1,433,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,128
Avg. Annual Appreciation
2.86%
Original Mortgage
$880,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2015
Sold by
Hsieh Yenyao and Chen Stephen Ray
Bought by
Hsieh Yenyao and Chen Stephen Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Jeon Grace and Moon Grace H
Bought by
Hsieh Yenyao and Chen Stephen Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Roshan Zamir Perry
Bought by
Moon Grace H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1999
Sold by
Roshan Zamir Farhang and Roshan Zamir Victoria
Bought by
Roshan Zamir Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,750
Interest Rate
3.35%
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
Benjamin Sarah D $1,206,000 Old Republic Title Company
Hsieh Yenyao -- First American Title Ins Co
Hsieh Yenyao $700,000 Fidelity National Title
Moon Grace H $493,500 Old Republic Title Company
Roshan Zamir Perry -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Sarah D $834,000
Closed Benjamin Sarah D $880,000
Previous Owner Hsieh Yenyao $250,000
Previous Owner Hsieh Yenyao $536,500
Previous Owner Hsieh Yen Yao $562,500
Previous Owner Hsieh Yenyao $560,000
Previous Owner Moon Grace E $445,000
Previous Owner Moon Grace H $394,000
Previous Owner Roshan Zamir Perry $235,000
Previous Owner Roshan Zamir Perry $217,750
Previous Owner Afaghi Ehsan $181,826
Closed Moon Grace H $49,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $1,206,000 +10.6% $793 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,090,000 -- $717 / 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 $16,165 $1,372,216 $1,019,378 $352,838
2024 $16,165 $1,345,311 $999,391 $345,920
2023 $15,903 $1,318,934 $979,796 $339,138
2022 $15,700 $1,293,074 $960,585 $332,489
2021 $15,305 $1,267,720 $941,750 $325,970
2019 $15,043 $1,230,120 $913,818 $316,302
2018 $9,832 $824,238 $516,917 $307,321
2016 $9,461 $792,235 $496,846 $295,389
2015 $9,336 $780,335 $489,383 $290,952
2014 -- $765,050 $479,797 $285,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18075842

California Regional Multiple Listing Service (CRMLS)

APN: 4275-010-043