$1,050,000
SOLD SEP 5, 2014

1544 12th St Unit 102 Santa Monica, CA 90401

Pico Neighborhood
1 Bed
2 Baths
1,436 Sq Ft
0.34 Acres

Recently Sold

$731 Per Sq Ft

5% Above List Price

21 Days on Market

Highlights

  • Elevator
  • Living Room
  • Laundry Room
  • Roosevelt Elementary School Rated A+
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of March 2022

Designed by award winning architects, Pugh & Scarpa, this rare loft space in Santa Monica is only 12 blocks from the beach and 5 blocks from the (soon to be) Expo Line stop. The open floor plan with 10' soaring ceilings combines industrial design with high end finishes. The 1 bdrm / 2 bath loft features a state of the art kitchen w/ glass front subzero, polished concrete floors & fireplace. Separated by an electronic glass garage door, the expansive almost 400 sq. ft. patio, creates an amazing indoor/outdoor flow that is ideal for entertaining. Includes 2 gated side by side parking spaces. Experience the best of urban living minutes from the beach.

Last Agent to Sell the Property

Shann Silver

Compass License #01729595 Listed on: 07/22/2014

Compass

Last Buyer's Agent

Kim Mac Donald

No Firm Affiliation License #01166310

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,486

Year Built

  • Built in 2002

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Library with Fireplace
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4282-031-047

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 12 Units
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,486

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 12th Street Lofts
  • Entry Floor: 1
  • Living Area: 1436
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 2002
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library
  • Flooring: Cement
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 695.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 287.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4282-031-047
  • Geocode Override: No

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 3, 2022
Sold by
Balbo Brittany A
Bought by
Devita Jason and Devita Jessica
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
List Price
$1,399,000
Sold Price
$1,399,000
Current Estimated Value
$1,472,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,872
Avg. Annual Appreciation
0.68%
Original Mortgage
$599,000
Outstanding Balance
$560,685
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$871,152

Purchase Details

Listed on
Jul 22, 2014
Closed on
Aug 17, 2014
Sold by
Brant Randall
Bought by
Balbo Brittany A
Seller's Agent
Shann Silver
Compass
Buyer's Agent
Kim Mac Donald
No Firm Affiliation
List Price
$999,000
Sold Price
$1,050,000
Premium/Discount to List
$51,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$840,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2011
Sold by
Redd Jay
Bought by
Brant Randall and Brant Dahli

Purchase Details

Closed on
Jan 23, 2007
Sold by
Kelly Mathew Shawn
Bought by
Redd Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Hall Richard D
Bought by
Kelly Mathew Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Hall Richard D and Hall Richard
Bought by
Hall Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,700
Interest Rate
4.75%

Purchase Details

Closed on
Jan 16, 2003
Sold by
12Th Street Lofts Llc
Bought by
Hall Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.87%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,399,000 Western Resources Title
Quit Claim Deed -- Western Resources Title
Grant Deed $1,050,000 Chicago Title
Grant Deed $655,000 Equity Title Company
Grant Deed $1,075,000 Southland Title Company
Grant Deed -- Southland Title
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed -- Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $599,000 New Conventional
Previous Owner $638,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $840,000 Adjustable Rate Mortgage/ARM
Previous Owner $860,000 New Conventional
Previous Owner $993,000 Unknown
Previous Owner $31,500 Unknown
Previous Owner $52,000 Stand Alone Second
Previous Owner $732,000 Fannie Mae Freddie Mac
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $413,700 No Value Available
Previous Owner $410,000 No Value Available
Closed $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $1,399,000 0.0% $1,001 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,399,000 +33.2% $1,001 / Sq Ft
09/05/2014 09/05/14 Sold $1,050,000 +5.1% $731 / Sq Ft
07/22/2014 07/22/14 For Sale $999,000 -- $696 / 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 $17,486 $1,484,628 $991,698 $492,930
2024 $17,486 $1,455,518 $972,253 $483,265
2023 $17,204 $1,426,980 $953,190 $473,790
2022 $14,541 $1,189,151 $774,082 $415,069
2021 $14,175 $1,165,835 $758,904 $406,931
2019 $13,934 $1,131,258 $736,396 $394,862
2018 $13,115 $1,109,077 $721,957 $387,120
2016 $12,636 $1,066,012 $693,923 $372,089
2015 $12,471 $1,050,000 $683,500 $366,500
2014 $8,351 $684,554 $332,871 $351,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-779747

The MLS

APN: 4282-031-047