NOT LISTED FOR SALE

1436 Harvard St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $1,966,000 - $3,135,395

12 Beds
8 Baths
5,186 Sq Ft
$539/Sq Ft Est. Value

Last Sold October 29, 2012

Last sale price $1,220,000 $235 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $16,720/month

Highlights

  • Contemporary Architecture
  • Cooling Available
  • Central Heating
  • McKinley Elementary School Rated A
  • Laundry Room

About This Home

As of October 2012

WOW, big price reduction on this well maintained 4 unit with a courtyard between the 2 buildings in beautiful Santa Monica, each unit boasts 3 bedrooms and 2 bathrooms.
carports and one garage.
2 of the units have been remodeled with new bathrooms and kitchens.

Last Agent to Sell the Property

Margie Shaffer

RE/MAX of Santa Clarita License #01234227 Listed on: 08/30/2012

RE/MAX of Santa Clarita

Last Buyer's Agent

Margie Shaffer

RE/MAX of Santa Clarita License #01234227 Listed on: 08/30/2012

RE/MAX of Santa Clarita

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,398

Year Built

  • Built in 1974

Lot Details

  • 6,995

Parking

  • 1 Car Garage
  • 4 Carport Spaces
  • Parking Available

Home Design

  • 5,186 Sq Ft Home
  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Laundry Room
  • 6,995 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 4334
  • Assessor Parcel Number 4267020009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,600
  • Insurance Expense $2,600
  • Maintenance Expense $2,500
  • Other Expense $800
  • Pest Control $390
  • Trash Expense $1,500
  • Water Sewer Expense $3,700
  • New Taxes Expense $16,875
  • Gross Income $6,537
  • Net Operating Income $48,879

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,398

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: agent cell
  • Other Phone Number: 661-755-4001
  • Water Sewer Expenses: 3700.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1600.00
  • Parcel Number: 4267020009
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 235.25

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Pest Control Expense: 390.00
  • Trash Expense: 1500.00
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 6995.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 6537.00
  • Gross Scheduled Income: 78844.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 6995.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 48879.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29965.00
  • Other Expense: 800.00
  • Rent Control: Yes
  • Total Actual Rent: 6537.00

Tax Info

  • New Taxes Expense: 16875.00
  • Tax Lot: 11
  • Tax Tract Number: 4334
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2012
Closed on
Oct 10, 2012
Sold by
Motamedi Farhad
Bought by
Motamedi Farhad and Motamedi Shahla
Seller's Agent
Margie Shaffer
RE/MAX of Santa Clarita
Buyer's Agent
Margie Shaffer
RE/MAX of Santa Clarita
Sold Price
$1,220,000
Total Days on Market
0
Current Estimated Value
$2,792,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,849
Avg. Annual Appreciation
6.48%
Original Mortgage
$720,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2012
Closed on
Sep 11, 2012
Sold by
Wylan Marie
Bought by
Motamedi Farhad and Modarresi Shahla
Seller's Agent
Margie Shaffer
RE/MAX of Santa Clarita
Buyer's Agent
Margie Shaffer
RE/MAX of Santa Clarita
Sold Price
$1,220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
Carr David
Bought by
Wylan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Wylan Jacques
Bought by
Wylan Marie and Marie Wylan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Sold by
Wylan Marie
Bought by
Wylan Marie and Marie Wylan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.83%

Purchase Details

Closed on
Jan 4, 2000
Sold by
Heinrich William L
Bought by
Wylan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.83%

Purchase Details

Closed on
Dec 23, 1999
Sold by
Carr David
Bought by
Wylan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.83%
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
Motamedi Farhad -- First American Title Company
Motamedi Farhad $1,220,000 First American Title Company
Wylan Marie -- Chicago Title Co
Wylan Marie -- --
Wylan Marie -- --
Wylan Marie $575,000 Equity Title Company
Wylan Marie -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Motamedi Farhad $720,000
Previous Owner Wylan Marie $565,000
Previous Owner Wylan Marie $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2012 10/29/12 Sold $1,220,000 -- $235 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
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 $18,398 $1,502,330 $1,231,423 $270,907
2024 $18,398 $1,472,874 $1,207,278 $265,596
2023 $18,107 $1,443,995 $1,183,606 $260,389
2022 $17,875 $1,415,683 $1,160,399 $255,284
2021 $17,406 $1,387,926 $1,137,647 $250,279
2019 $17,110 $1,348,060 $1,103,904 $244,156
2018 $16,035 $1,321,654 $1,082,259 $239,395
2016 $15,407 $1,269,085 $1,040,235 $228,850
2015 $15,208 $1,250,023 $1,024,610 $225,413
2014 $15,017 $1,225,538 $1,004,540 $220,998
Source: Public Records

Agents Affiliated with this Home

  • Margie Shaffer

    Seller's Agent in 2012

    Margie Shaffer

    RE/MAX

    (661) 755-4001

    89 Total Sales

    Margie Shaffer
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12088702

California Regional Multiple Listing Service (CRMLS)

APN: 4267-020-009

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

1436 Harvard St, Santa Monica, CA

This home is located at 1436 Harvard St, Santa Monica, CA 90404 since 30 August 2012 and is currently estimated at $2,792,849, approximately $538 per square foot. This property was built in 1974. 1436 Harvard St 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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