NOT LISTED FOR SALE

1511 16th St Unit 302 Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $634,000 - $832,000

1 Bed
1 Bath
542 Sq Ft
$294/mo HOA Fee

Last Sold April 28, 2017

Last sale price $535,000 $987 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,744/month

22 Days on Market

Highlights

  • Gated Parking
  • 2-minute walk to 17 St/ Smc
  • Wood Flooring
  • McKinley Elementary School Rated A
  • City Lights View
  • Loft

About This Home

As of April 2017

Architectural loft style unit in the heart of Santa Monica in newer construction building. Top floor, 17' ceilings, new hardwood floors on main level, new carpet in loft, new stainless appliances. Loft bedroom overlooks living room below. Very bright, huge windows, mountain and city views. All white kitchen and bath. Quiet street, one block from Expo line station at 17th St., easy walking to the best SM offers!! Huge common roof deck with expansive views, gated 1 car parking, keyed elevator. Unit is in probate, but no court confirmation required.

Last Agent to Sell the Property

Daniel Bleiberg

G-B Investments Services, Inc. License #01270717 Listed on: 02/21/2017

Last Buyer's Agent

Carol Bird

CBird and Company License #01076073

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,630

Year Built

  • Built in 1991

Lot Details

  • Gated Home

HOA Fees

  • $294 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 542 Sq Ft Home
  • 3-Story Property
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Covered Space
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4282-036-033

Community Details

Overview

  • Association fees include earthquake insurance
  • 11 Units

Amenities

  • Sundeck
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,630

Year Built

Built in 1991

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 1511 16th Street Homeowners Association
  • Entry Floor: 3
  • Living Area: 542
  • Planned Urban Dev: 0
  • Probate: Yes
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1991
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 1012.92

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated Underground

Utilities

  • Cooling: Air Conditioning, Central, Gas
  • Earth Quake Ins: 1
  • Heating: Central, Natural Gas
  • Security: Fire Sprinklers, Gated

Association/Amenities

  • Amenities: Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 294.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4282-036-033
  • Geocode Override: No
  • Lot Size Area: 7506

Rental Info

  • Court Approve: No

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 25, 2017
Sold by
Grossman Scott
Bought by
Bell Allegra
Seller's Agent
Daniel Bleiberg
G-B Investments Services, Inc.
Buyer's Agent
Carol Bird
CBird and Company
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Current Estimated Value
$722,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,255
Avg. Annual Appreciation
3.77%
Original Mortgage
$424,100
Interest Rate
3.37%
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
Bell Allegra $535,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Allegra $443,400
Closed Bell Allegra $444,000
Closed Bell Allegra $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $535,000 -2.6% $987 / Sq Ft
02/21/2017 02/21/17 For Sale $549,000 -- $1,013 / 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 $7,630 $620,906 $479,783 $141,123
2024 $7,630 $608,732 $470,376 $138,356
2023 $7,504 $596,797 $461,153 $135,644
2022 $7,400 $585,096 $452,111 $132,985
2021 $7,203 $573,625 $443,247 $130,378
2019 $7,074 $556,613 $430,101 $126,512
2018 $6,665 $545,700 $421,668 $124,032
2016 $3,485 $273,347 $165,806 $107,541
2015 $3,436 $269,242 $163,316 $105,926
2014 $3,398 $263,969 $160,117 $103,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-204666

The MLS

APN: 4282-036-033