NOT LISTED FOR SALE

Estimated Value: $1,265,000 - $1,312,294

2 Beds
2 Baths
1,080 Sq Ft
$580/mo HOA Fee

Last Sold July 15, 2022

Last sale price $1,200,000 $1,111 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,968/month

9 Days on Market

Highlights

  • 24-Hour Security
  • Newly Remodeled
  • Gated Community
  • McKinley Elementary School Rated A
  • Automatic Gate
  • 3-minute walk to Euclid Park

About This Home

As of July 2022

A modern masterpiece rarely offered in Santa Monica, this state of the art condo sits less than a mile-and-a-half from the beach. Expertly appointed with top-of-the-line appliances, the home boasts high ceilings, recessed lighting, a seamless indoor-outdoor flow, sliding glass doors, custom drapes and a private, landscaped patio. Within the gated community of AIRE Santa Monica, the open floor plan features French white oak flooring, Viking appliances, quartz countertops, premium lighting, and sits amongst a gorgeous courtyard with a water feature and olive trees. The primary suite includes a glass-encased walk-in shower, dual sink vanity, and new Bosch washer and dryer. Beyond the unit there is ample storage, two side-by-side secure garage parking spots, an elevator and EV chargers, all within blocks of Santa Monica's famous cafes, restaurants, shops, food markets and beaches.

Last Agent to Sell the Property

Niki Vale

Sotheby's International Realty License #02062446 Listed on: 06/27/2022

Sotheby's International Realty

Last Buyer's Agent

Niki Vale

Sotheby's International Realty License #02062446 Listed on: 06/27/2022

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,704

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.52

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Tinted Windows
  • Drapes & Rods
  • Sliding Doors
  • Family Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom

Parking

  • 2 Parking Spaces
  • Electric Vehicle Home Charger
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Additional Features

  • Balcony
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4282-021-031

Community Details

Overview

  • Association fees include earthquake insurance, building and grounds
  • 19 Units

Amenities

  • Elevator
  • Service Entrance
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,704

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: A modern masterpiece rarely offered in Santa Monica, this state of the art condo sits less than a mile-and-a-half from the beach. Expertly appointed with top-of-the-line appliances, the home boasts high ceilings, recessed lighting, a seamless indoor-outdoor flow, sliding glass doors, custom drapes and a private, landscaped patio. Within the gated community of AIRE Santa Monica, the open floor plan features French white oak flooring, Viking appliances, quartz countertops, premium lighting, and sits amongst a gorgeous courtyard with a water feature and olive trees. The primary suite includes a glass-encased walk-in shower, dual sink vanity, and new washer and dryer. Beyond the unit there is ample storage, two side-by-side secure garage parking spots, an elevator and EV chargers, all within blocks of Santa Monica's famous cafes, restaurants, shops, food markets and beaches.
  • Complex Name: AIRE Santa Monica HOA
  • Entry Floor: 1
  • Exclusions: Two sconces in primary bedroom; light fixture in hallway; shelving system in east bedroom
  • Living Area: 1080
  • Lot Acreage: 0.5169
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2017
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Wood, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Intercom, Microwave, Washer, Refrigerator, Range/Oven
  • Inclusions: Brand new Washer & Dryer; Custom wool, drapes with black-out panels; teak paver tiles on patio
  • Price Per S Q F T: 1106.48
  • Windows: Drapes/Curtains, Tinted Windows

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors, Service Entrance, High Ceilings (9 Feet+)
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Assigned, Electric Vehicle Charging Station(s), Side By Side, Parking for Guests, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Automatic Gate, 24 Hour, Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Community

Association/Amenities

  • Amenities: Guest Parking, Gated Parking, Gated Community, Assoc Maintains Landscape, Elevator, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Building and Grounds
  • HOA Fees: 579.51
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4282-021-031
  • Lot Size Area: 22518

Multi Family

  • Number Of Units: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 7, 2022
Sold by
Lance Renner
Bought by
Hwa Christina J
Seller's Agent
Niki Vale
Sotheby's International Realty
Buyer's Agent
Niki Vale
Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,200,000
Premium/Discount to List
$5,000
0.42%
Current Estimated Value
$1,308,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,294
Avg. Annual Appreciation
2.56%

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 1, 2021
Sold by
Phillip Smith Stewart
Bought by
Renner Lance
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
Niki Vale
Sotheby's International Realty
List Price
$999,000
Sold Price
$1,155,000
Premium/Discount to List
$156,000
15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$808,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2018
Closed on
Aug 30, 2018
Sold by
Iwai Erika
Bought by
Smith Phillip
Seller's Agent
Jerry Bliss
Tosti Incorporated
Buyer's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 18, 2017
Sold by
Safael Arash
Bought by
Iwai Erika
Seller's Agent
Donald Heller
Christie's International Real Estate SoCal
Buyer's Agent
Jerry Bliss
Tosti Incorporated
List Price
$968,000
Sold Price
$968,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%
Source: Public Records

Range of Values:

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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
Hwa Christina J $1,200,000 Equity Title
Renner Lance $1,155,000 Fidelity National Title
Smith Phillip $1,150,000 Lawyers Title
Iwai Erika -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwa Christina J $600,000
Previous Owner Renner Lance $808,500
Previous Owner Smith Stewart Phillip $885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $1,200,000 +0.4% $1,111 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $1,195,000 +3.5% $1,106 / Sq Ft
06/25/2021 06/25/21 Sold $1,155,000 +15.6% $1,069 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $999,000 -13.1% $925 / Sq Ft
10/08/2018 10/08/18 Sold $1,150,000 +5.0% $1,065 / Sq Ft
08/24/2018 08/24/18 For Sale $1,095,000 +13.1% $1,014 / Sq Ft
08/25/2017 08/25/17 Sold $968,000 0.0% $896 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $968,000 -- $896 / 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 $14,704 $1,248,479 $763,549 $484,930
2024 $14,704 $1,224,000 $748,578 $475,422
2023 $14,465 $1,200,000 $733,900 $466,100
2022 $14,379 $1,178,100 $775,812 $402,288
2021 $14,370 $1,185,152 $838,057 $347,095
2019 $14,687 $1,150,000 $813,200 $336,800
2018 $11,441 $968,000 $580,000 $388,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-172763

The MLS

APN: 4282-021-031