NOT LISTED FOR SALE

1511 16th St Unit 205 Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $727,000 - $1,091,000

2 Beds
1 Bath
923 Sq Ft
7,405 Sq Ft Lot

Last Sold June 27, 2013

Last sale price $615,000 $666 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,944/month

9 Days on Market

Highlights

  • 24-Hour Security
  • 2-minute walk to 17 St/ Smc
  • Rooftop Deck
  • McKinley Elementary School Rated A
  • Home Theater
  • Gated Parking

About This Home

As of June 2013

UPDATED BRIGHT & AIRY ARCHITECTURAL END UNIT LOCATED IN THE BROADWAY/COLORADO CREATIVE DISTRICT. PROPERTY FEATURES 20FT SOARING CEILINGS IN THE LIVING, DINING & ENTRY, OPEN FLOOR PLAN W/ GREAT OCEAN BREEZE, AMAZING LIGHT, CENTRAL A/C, MOUNTAIN VIEW, FIREPLACE, LOFT STYLE 2ND BEDROOM OR DEN/OFFICE OVERLOOKING THE LIVING ROOM BELOW MASTER SUITE W/ HIGH CEILINGS & LARGE CUSTOM CLOSET. KITCHEN FEATURES GRANITE COUNTER-TOPS, NEW STAINLESS STEEL APPLIANCES, TRAVERTINE TILE & BREAKFAST BAR. CLEAN LINES, LARGE WINDOWS, BAMBOO FLOORS, WONDERFUL WALLS FOR ART, CENTRAL HEAT, A/C, EQ. INS. & 2-CAR GATED PARKING. ENJOY THE CO OPPORTUNITY MARKET ACROSS THE STREET, 15 MIN. WALK TO 3RD ST. PROMENADE, BIKE TO THE SANTA MONICA PIER, WALKING DISTANCE TO BARS/RESTAURANTS, NEW METRO LINE COMING TO COLORADO BLVD, TENNIS COURTS & 10 FREEWAY. LOW HOA DUES. SEE PRIVATE REMARKS FOR ALL SHOWING REQUESTS.

Last Agent to Sell the Property

Brian Maser

The Condo Experts License #01340306 Listed on: 05/30/2013

Last Buyer's Agent

Cindy Leight

License #01889091

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,116

Year Built

  • Built in 1991

Lot Details

  • 7,405

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 923 Sq Ft Home
  • 2-Story Property
  • Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Garage
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Outdoor Features

  • Rooftop Deck
  • Enclosed Patio or Porch

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4282-036-031

Community Details

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access

Additional Features

  • 11 Units
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,116

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 1511 16th Street
  • Entry Floor: 2
  • Living Area: 923
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1991
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Bamboo, Travertine
  • Bedrooms: 2
  • Fireplaces: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 633.80

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered, Patio Open, Roof Top Deck
  • Pool: No
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Door Opener, Side By Side

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Community, Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Gated Community Guard, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 324.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4282-036-031
  • Geocode Override: No
  • Lot Size Area: 7506

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Jun 16, 2013
Sold by
Martin Sharleyne M
Bought by
Huh Catherine
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Cindy Leight
List Price
$585,000
Sold Price
$615,000
Premium/Discount to List
$30,000
5.13%
Current Estimated Value
$951,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,410
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Martin Sharleyne M
Bought by
Martin Sharleyne M and Sharleyne M Martin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 14, 2004
Sold by
Bleiberg Daniel P and Gray Victoria
Bought by
Martin Sharleyne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Huh Catherine $615,006 Lawyers Title
Martin Sharleyne M -- None Available
Martin Sharleyne M $455,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Sharleyne M $135,000
Previous Owner Martin Sharleyne M $100,000
Previous Owner Martin Sharleyne M $86,000
Previous Owner Martin Sharleyne M $364,000
Previous Owner Bleiberg Daniel P $175,000
Previous Owner Bleiberg Daniel P $164,750
Closed Martin Sharleyne M $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $615,000 +5.1% $666 / Sq Ft
06/08/2013 06/08/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $585,000 -- $634 / 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 $9,116 $757,314 $520,025 $237,289
2024 $9,116 $742,466 $509,829 $232,637
2023 $8,966 $727,909 $499,833 $228,076
2022 $8,843 $713,637 $490,033 $223,604
2021 $8,609 $699,645 $480,425 $219,220
2019 $8,455 $678,895 $466,176 $212,719
2018 $7,964 $665,585 $457,036 $208,549
2016 $7,665 $639,741 $439,290 $200,451
2015 $7,562 $630,133 $432,692 $197,441
2014 $7,460 $617,791 $424,217 $193,574
Source: Public Records

Agents Affiliated with this Home

  • Brian Maser

    Seller's Agent in 2013

    Brian Maser

    The Condo Experts

    (310) 460-7917

    1 in this area

    137 Total Sales

    Brian Maser
    Section Image

  • C

    Buyer's Agent in 2013

    Cindy Leight

See All Agents

Map

Source: The MLS

MLS Number: 13-676561

The MLS

APN: 4282-036-031

California Los Angeles County Santa Monica 90404 Pico

1511 16th St Unit 205, Santa Monica, CA

This home is located at 1511 16th St Unit 205, Santa Monica, CA 90404 since 30 May 2013 and is currently estimated at $951,410, approximately $1,030 per square foot. This property was built in 1991. 1511 16th St Unit 205 is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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