NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $1,685,000

2 Beds
2 Baths
1,576 Sq Ft
$641/mo HOA Fee

Last Sold September 22, 2020

Last sale price $1,350,000 $857 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,346/month

47 Days on Market

Highlights

  • Gourmet Kitchen
  • 3-minute walk to Downtown Santa Monica
  • Peek-A-Boo Views
  • Roosevelt Elementary School Rated A+
  • Primary Bedroom Suite
  • 7,474 Sq Ft lot

About This Home

As of September 2020

100K UNDER RECENT APPRAISED VALUE! Stylish, single level condoconveniently located in an urban setting. This bright and beautiful condo features an inviting open floor plan that is great for entertaining as well as living. Large gourmet kitchen w/breakfast bar opening to expansive dining area, over-sized living room with a creative fireplace that opensto a large west facing patio. Wonderful master suite with patio access andlarge master bathroom with separate shower and tub. Good sized 2nd bedroom & bathroom. Bedrooms are split on either side of the condo making the 2nd bedroom a good guest room or office. Gleaming hardwood floors throughout. Condo is approximately 1576 sq. ft. but appears larger with the generous open floor plan. There are 2 side by side secured parking spaces in garage with elevator access. Excellent location of condo with close proximity to restaurants, shops, coffee shops, 3rd St. Promenade, library, public transportation including the Expo Line and the beach!

Last Agent to Sell the Property

Linda Semon

Coldwell Banker Realty License #01006504 Listed on: 06/16/2020

Coldwell Banker Realty

Last Buyer's Agent

Clara Yang

Sotheby's International Realty License #01201082

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,348

Year Built

  • Built in 2006

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $641 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Parking Garage Space
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,576 Sq Ft Home
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Wood Flooring
  • Peek-A-Boo Views
  • Closed Circuit Camera

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4291-023-035

Community Details

Overview

  • Association fees include earthquake insurance
  • 17 Units
  • 5-Story Property

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,348

Year Built

Built in 2006

Lot Details

0

HOA Fees

$641 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: 100K UNDER RECENT APPRAISED VALUE! Stylish, single level condoconveniently located in an urban setting. This bright and beautiful condo features an inviting open floor plan that is great for entertaining as well as living. Large gourmet kitchen w/breakfast bar opening to expansive dining area, over-sized living room with a creative fireplace that opensto a large west facing patio. Wonderful master suite with patio access andlarge master bathroom with separate shower and tub. Good sized 2nd bedroom & bathroom. Bedrooms are split on either side of the condo making the 2nd bedroom a good guest room or office. Gleaming hardwood floors throughout. Condo is approximately 1576 sq. ft. but appears larger with the generous open floor plan. There are 2 side by side secured parking spaces in garage with elevator access. Excellent location of condo with close proximity to restaurants, shops, coffee shops, 3rd St. Promenade, library, public transportation including the Expo Line and the beach!
  • Complex Name: 1544 7th Street HOA
  • Entry Floor: 3
  • Entry Location: Elevator
  • Living Area: 1576
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 3
  • Year Built: 2006
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 824.87

Exterior Features

  • Balcony: Large
  • Direction Faces: West
  • Exposure: West
  • Patio: Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Door Opener, Side By Side, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated, Fire and Smoke Detection System, Carbon Monoxide Detector(s)
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • High Rise: 24-Hour Closed Circuit Building
  • HOA Fees: 641.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4291-023-035
  • Geocode Override: No
  • Lot Size Area: 7474

Multi Family

  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2021
Sold by
Chang Patrick and Chang Sabrina
Bought by
Chang Patrick and Cheng Sabrina
Current Estimated Value
$1,518,648

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 6, 2020
Sold by
Smith Charles W and Smith Joanna Warren
Bought by
Chang Patrick and Chang Sabrina
Seller's Agent
Linda Semon
Coldwell Banker Realty
Buyer's Agent
Clara Yang
Sotheby's International Realty
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$977,944
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2020
Sold by
Smith Charles W and Smith Joanna Warren
Bought by
Smith Charles W and Smith Joanna Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Smith Charles W and Smith Joanna Warren
Bought by
Smith Charles W and Smith Joanna Warren

Purchase Details

Closed on
Jan 15, 2008
Sold by
1544 7Th Street Llc
Bought by
Smith Charles and Smith Joanna Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.07%
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
Chang Patrick -- None Available
Chang Patrick $1,350,000 Equity Title Los Angeles
Smith Charles W -- First American Title Company
Smith Charles W -- First American Title Company
Smith Charles W -- None Available
Smith Charles W -- None Available
Smith Charles $975,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Patrick $810,000
Previous Owner Chang Patrick $977,944
Previous Owner Smith Charles W $430,000
Previous Owner Smith Charles W $450,000
Previous Owner Smith Charles W $150,000
Previous Owner Smith Charles W $330,000
Previous Owner Smith Charles W $333,500
Previous Owner Smith Charles W $0
Previous Owner Smith Charles $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $1,350,000 +3.8% $857 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $1,300,000 -7.1% $825 / Sq Ft
06/16/2020 06/16/20 For Sale $1,400,000 -- $888 / 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 $17,348 $1,461,281 $1,096,611 $364,670
2024 $17,348 $1,432,629 $1,075,109 $357,520
2023 $17,072 $1,404,539 $1,054,029 $350,510
2022 $16,859 $1,377,000 $1,033,362 $343,638
2021 $16,445 $1,350,000 $1,013,100 $336,900
2020 $14,407 $1,171,009 $276,020 $894,989
2019 $14,261 $1,148,049 $270,608 $877,441
2018 $13,439 $1,125,539 $265,302 $860,237
2016 $12,934 $1,081,834 $255,000 $826,834
2015 $12,759 $1,065,585 $251,170 $814,415
2014 $10,816 $891,300 $244,400 $646,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-584614

The MLS

APN: 4291-023-035