NOT LISTED FOR SALE

Estimated Value: $758,000 - $1,071,000

1 Bed
1 Bath
790 Sq Ft
$519/mo HOA Fee

Last Sold October 19, 2020

Last sale price $735,000 $930 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,326/month

30 Days on Market

Highlights

  • City View
  • 3-minute walk to Downtown Santa Monica
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • 0.17 Acre Lot
  • Main Floor Bedroom

About This Home

As of October 2020

A modern and bright one bedroom in an architectural building. An open and spacious layout makes an ideal work-from-home environment. The bathroom is large and recently upgraded and situated across from an oversized walk-in-closet. For hosting you have a kitchen with an open concept, good counter space, and a center island for sitting. The loft-style-unit enjoys wall-to-wall windows, which are framed in a steel-like aesthetic. Blackout that morning sun when needed, by drawing your dual shaded window treatments. Minutes to the beach, and convenient access to PCH, 10 FWY, and Expo Light Rail. Take a break and enjoy any of the endless amenities surrounding you. Rooftops, patios, or the Palisades Park bluffs along Ocean are your backyard. Capitalize on low Rates, and be an owner in Santa Monica; A world-class-location.

Last Agent to Sell the Property

Ari Wintraub

Sotheby's International Realty License #01943483 Listed on: 08/19/2020

Sotheby's International Realty

Last Buyer's Agent

Josh McIntire

McIntire Real Estate Inc. License #01851216

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,739

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $519 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Controlled Entrance

Home Design

  • Turnkey
  • Wood Siding
  • Stucco

Interior Spaces

  • 790 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Vertical Blinds
  • Living Room
  • Dining Area
  • Loft
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Purifier
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4291-023-025

Community Details

Overview

  • Association fees include water and sewer paid, trash
  • 17 Units

Amenities

  • Trash Chute
  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,739

Year Built

Built in 2006

Lot Details

0

HOA Fees

$519 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 1544 7th Street HOA
  • Disability Access: DisabilityAccess
  • Entry Floor: 2
  • Entry Location: Foyer
  • Living Area: 790
  • Lot Acreage: 0.1716
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 2006
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey
  • Flooring: Wood
  • Appliances: Cooktop - Gas, Gas, Oven-Gas
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Stone Counters
  • Laundry: In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Vented Exhaust Fan, Water Purifier
  • Fireplace: No
  • Price Per S Q F T: 943.04
  • Windows: Vertical Blinds, Window Blinds, Double Pane Windows

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Construction: Glass, Stucco, Wood Siding
  • Other Features: Balcony, End Unit
  • Tennis Court Y/N: No
  • Exposure: East
  • Patio: Balcony, Covered
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Door Opener
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access
  • Sewer: In Street

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid, Trash
  • High Rise: Entrance Lobby, Trash Chute
  • HOA Fees: 519.00
  • HOA: Yes
  • Unit Location: Front

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4291-023-025
  • Lot Location: City
  • Lot Size Area: 7474

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 28, 2020
Sold by
Fochesato Kristy
Bought by
Wong Victor Chan and Wong Gloria Lee
Seller's Agent
Ari Wintraub
Sotheby's International Realty
Buyer's Agent
Josh McIntire
McIntire Real Estate Inc.
List Price
$760,000
Sold Price
$735,000
Premium/Discount to List
-$25,000
-3.29%
Current Estimated Value
$923,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,970
Avg. Annual Appreciation
4.80%
Original Mortgage
$435,000
Outstanding Balance
$387,783
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$536,187

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 8, 2018
Sold by
Buehring David
Bought by
Focheasato Kristy
Seller's Agent
Anton Smirnov
Sotheby's International Realty
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$715,000
Sold Price
$712,000
Premium/Discount to List
-$3,000
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$569,600
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 7, 2018
Sold by
Blanchett Noreen Haroun and Haroun Noreen A
Bought by
Fochesato Kristy
Seller's Agent
Anton Smirnov
Sotheby's International Realty
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$715,000
Sold Price
$712,000
Premium/Discount to List
-$3,000
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,600
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2011
Closed on
Jun 24, 2012
Sold by
Tankersley Robert Hardie
Bought by
Haroun Noreen A
Seller's Agent
Blake Roberts
Compass
Buyer's Agent
Suzanne Hefni-Pyle
Buyer's Only Coastal Realty Of
List Price
$599,376
Sold Price
$525,000
Premium/Discount to List
-$74,376
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$399,998
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2008
Sold by
1544 7Th Street Llc
Bought by
Tankersley Robert Hardie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,750
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1999
Sold by
M D B Family Properties
Bought by
Racine Earl and Racine Davida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
7.82%
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
Wong Victor Chan $735,000 Lawyers Title Company
Focheasato Kristy -- Equity Title Company
Fochesato Kristy $712,000 Equity Title Company
Blanchett Noreen Haroun -- Equity Title Company
Haroun Noreen A $525,000 Usa National Title Company
Tankersley Robert Hardie $595,000 Chicago Title Company
Racine Earl $1,000,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Victor Chan $435,000
Previous Owner Fochesato Kristy $569,600
Previous Owner Haroun Noreen A $399,998
Previous Owner Tankersley Robert Hardie $505,750
Previous Owner 1544 7Th Street Llc $5,235,000
Previous Owner Racine Earl $545,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $735,000 -1.3% $930 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $745,000 -2.0% $943 / Sq Ft
08/19/2020 08/19/20 For Sale $760,000 +6.7% $962 / Sq Ft
11/15/2018 11/15/18 Sold $712,000 -0.4% $901 / Sq Ft
10/24/2018 10/24/18 For Sale $715,000 0.0% $905 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $715,000 +36.2% $905 / Sq Ft
06/28/2012 06/28/12 Sold $525,000 -3.7% $665 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/03/2012 05/03/12 Price Changed $545,000 -2.5% $690 / Sq Ft
02/10/2012 02/10/12 Price Changed $559,000 -2.8% $708 / Sq Ft
01/12/2012 01/12/12 Price Changed $575,000 -4.0% $728 / Sq Ft
11/14/2011 11/14/11 Price Changed $599,000 -0.1% $758 / Sq Ft
10/17/2011 10/17/11 For Sale $599,376 -- $759 / 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 $9,739 $795,585 $578,017 $217,568
2024 $9,739 $779,986 $566,684 $213,302
2023 $9,583 $764,693 $555,573 $209,120
2022 $9,456 $749,700 $544,680 $205,020
2021 $9,214 $735,000 $534,000 $201,000
2020 $9,055 $726,240 $363,120 $363,120
2019 $8,959 $712,000 $356,000 $356,000
2018 $7,104 $579,545 $115,908 $463,637
2016 $6,831 $557,043 $111,408 $445,635
2015 $6,736 $548,677 $109,735 $438,942
2014 $6,644 $537,930 $107,586 $430,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-620212

The MLS

APN: 4291-023-025