NOT LISTED FOR SALE

Estimated Value: $1,694,000 - $2,385,000

2 Beds
2.5 Baths
1,800 Sq Ft
$450/mo HOA Fee

Last Sold December 30, 2014

Last sale price $1,530,000 $850 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,516/month

362 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Highway 1
  • Gated Community
  • Las Palmas Elementary School Rated A-
  • Custom Home
  • Open Floorplan

About This Home

As of December 2014

Stunning single level oceanfront condominium with unobstructed panoramic whitewater, Catalina & coastline views from most every room. Great for entertaining as well with an 1100 sq.ft. (estimated) patio accessed from living room and bedrooms. Beautifully remodeled and offered furnished. Dutch door entry, hardwood floors, gourmets kitchen with Sub-Zero & 6 burner Viking gas range, fireplace, central air and heat, separate powder and laundry rooms. Living room, master & 2nd bedroom all front facing the ocean for 24 views and sounds of the surf. Ceiling fans throughout, solar shades, fire sprinklers. Storage room off entry courtyard as well as BI storage in the 2 car garage. Extremely well maintained building of only 5 units. Gated access, lots of off street guest parking. Superior location.

Last Agent to Sell the Property

Nicholas Kirchgessner

Craig Wagner, Broker License #00862046 Listed on: 12/08/2013

Co-Listed By

Chris Warren

Pacific Sotheby’s International Realty License #00350936

Last Buyer's Agent

Peggy Pendleton

Berkshire Hathaway HomeService License #01183130

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,181

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • No Units Located Below
  • West Facing Home
  • Glass Fence

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate
  • Guest Parking

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Custom Home
  • Traditional Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Ocean Side of Highway 1
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42108
  • Assessor Parcel Number 93616054

Community Details

Overview

  • 5 Units

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,181

Year Built

Built in 2002

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Furniture
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Custom Built, Modern, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93616054
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Furnished, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No One Below
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 850.00
  • Room Type: Living Room, Main Floor Master Bedroom, Walk-In Pantry, Walk-In Closet
  • Window Features: Insulated Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Glass
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Individual Room, Washer Included

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Monthly
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Bluff
  • Lot Size Sq Ft: 11368.00
  • Lot Size Acres: 0.2610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11368.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Waterfront Features: Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 42108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2013
Closed on
Dec 20, 2014
Sold by
Walsh James P and Walsh Marlene M
Bought by
Supple Family Trust
Seller's Agent
Nicholas Kirchgessner
Craig Wagner, Broker
Buyer's Agent
Peggy Pendleton
Berkshire Hathaway HomeService
List Price
$1,895,000
Sold Price
$1,530,000
Premium/Discount to List
-$365,000
-19.26%
Current Estimated Value
$1,995,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,847
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Jul 18, 2006
Sold by
Greene Bob W and Greene Barbara A
Bought by
Walsh James P and Walsh Marlene M

Purchase Details

Closed on
Mar 13, 2004
Sold by
Greene Bob W
Bought by
Greene Bob W and Greene Barbara A

Purchase Details

Closed on
Jun 25, 2003
Sold by
Greene Barbara A
Bought by
Greene Bob W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2002
Sold by
Pacific Vista Properties
Bought by
Greene Bob W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,800
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
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
Supple Family Trust $1,530,000 Lawyers Title
Walsh James P $1,665,000 California Title Company
Greene Bob W -- --
Greene Bob W -- First American Title Co
Greene Bob W $874,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Bob W $812,000
Previous Owner Greene Bob W $611,800
Closed Greene Bob W $87,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $1,530,000 -9.7% $850 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
10/31/2014 10/31/14 Price Changed $1,695,000 -4.5% $942 / Sq Ft
06/29/2014 06/29/14 Price Changed $1,775,000 -6.3% $986 / Sq Ft
12/08/2013 12/08/13 For Sale $1,895,000 -- $1,053 / 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 $18,181 $1,838,826 $1,442,443 $396,383
2024 $18,181 $1,802,771 $1,414,160 $388,611
2023 $17,795 $1,767,423 $1,386,431 $380,992
2022 $17,455 $1,732,768 $1,359,246 $373,522
2021 $17,117 $1,698,793 $1,332,594 $366,199
2020 $16,946 $1,681,374 $1,318,929 $362,445
2019 $16,611 $1,648,406 $1,293,067 $355,339
2018 $16,290 $1,616,085 $1,267,713 $348,372
2017 $15,972 $1,584,398 $1,242,856 $341,542
2016 $15,664 $1,553,332 $1,218,486 $334,846
2015 $15,499 $1,530,000 $1,200,183 $329,817
2014 $12,094 $1,192,915 $840,280 $352,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13244059

California Regional Multiple Listing Service (CRMLS)

APN: 936-160-54