NOT LISTED FOR SALE

1544 7th St Unit 6A Santa Monica, CA 90401

Downtown Santa Monica Neighborhood

Estimated Value: $810,000 - $881,000

-- Bed
1 Bath
810 Sq Ft
$511/mo HOA Fee

Last Sold February 05, 2020

Last sale price $725,000 $895 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,790/month

89 Days on Market

Highlights

  • 7,474 Sq Ft lot
  • 3-minute walk to Downtown Santa Monica
  • Breakfast Area or Nook
  • Roosevelt Elementary School Rated A+
  • Wood Flooring
  • Elevator

About This Home

As of February 2020

A stylish, contemporary luxury residence in Downtown Santa Monica. This condominium features an open floor plan with custom glass partition, walk-in closet, in-suite laundry, wood and travertine flooring plus a private balcony. The large gourmet kitchen with granite countertops and stainless steel appliances is perfect for entertaining. This newer modern building boasts a stylish lobby, secured entry and gated parking. Its prime location is close to all Santa Monica has to offer including the Third Street Promenade shops, Proper Hotel, trendy restaurants such as Cassia, Ester's Wine Bar and Native, as well as the Santa Monica Pier, parks, miles of beaches and the Metro station.

Last Agent to Sell the Property

Chris Hicks

The Agency License #01315836 Listed on: 10/31/2019

The Agency

Co-Listed By

Ashley Durbin Hicks

The Agency License #01351594

Last Buyer's Agent

Keri White

Element RE, Inc License #01491049

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 7,405

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Garage Space
  • Controlled Entrance

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 810 Sq Ft Home
  • Living Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4291-023-030

Community Details

Overview

  • 17 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$511 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: A stylish, contemporary luxury residence in Downtown Santa Monica. This condominium features an open floor plan with custom glass partition, walk-in closet, in-suite laundry, wood and travertine flooring plus a private balcony. The large gourmet kitchen with granite countertops and stainless steel appliances is perfect for entertaining. This newer modern building boasts a stylish lobby, secured entry and gated parking. Its prime location is close to all Santa Monica has to offer including the Third Street Promenade shops, Proper Hotel, trendy restaurants such as Cassia, Ester's Wine Bar and Native, as well as the Santa Monica Pier, parks, miles of beaches and the Metro station.
  • Complex Name: 1544 7th Street HOA
  • Entry Floor: 2
  • Living Area: 810
  • Planned Urban Dev: 0
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Travertine
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Cable, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 937.04

Exterior Features

  • Balcony: YES
  • Tennis Court Y/N: No
  • Exposure: W
  • Pool: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Community Garage, Controlled Entrance, Garage

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 511.44
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4291-023-030
  • Geocode Override: No
  • Lot Size Area: 7474

Multi Family

  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 28, 2020
Sold by
Singh Abhimanyu and Singh Mahendra Gunjan
Bought by
Byam Egan Terry J
Seller's Agent
Chris Hicks
The Agency
Buyer's Agent
Keri White
Element RE, Inc
List Price
$759,000
Sold Price
$725,000
Premium/Discount to List
-$34,000
-4.48%
Current Estimated Value
$854,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,306
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Aug 4, 2018
Sold by
Singh Abhimanyu
Bought by
Mahendra Gunjan and Raghuvamsi Family Trust

Purchase Details

Closed on
Mar 1, 2013
Sold by
Mahendra Gunjan
Bought by
Singh Abhimanyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2008
Sold by
1544 7Th Street Llc
Bought by
Singh Abhimanyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Byam Egan Terry J $725,000 Lawyers Title Company
Mahendra Gunjan -- None Available
Singh Abhimanyu -- First American Title Company
Singh Abhimanyu $629,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Abhimanyu $452,000
Previous Owner Singh Abhimanyu $484,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2020 02/05/20 Sold $725,000 -4.5% $895 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
10/31/2019 10/31/19 For Sale $759,000 0.0% $937 / Sq Ft
12/07/2018 12/07/18 Rented $3,000 +0.2% --
12/06/2018 12/06/18 Under Contract -- -- --
11/21/2018 11/21/18 Price Changed $2,995 -9.1% $4 / Sq Ft
09/07/2018 09/07/18 For Rent $3,295 +6.5% --
09/04/2017 09/04/17 For Rent $3,095 0.0% --
09/03/2017 09/03/17 Rented $3,095 0.0% --
08/25/2017 08/25/17 Off Market $3,095 -- --
08/14/2017 08/14/17 For Rent $3,095 -6.2% --
02/28/2017 02/28/17 Rented $3,300 +4.8% --
02/23/2017 02/23/17 Under Contract -- -- --
02/23/2017 02/23/17 Off Market $3,150 -- --
01/25/2017 01/25/17 For Rent $3,150 +3.3% --
09/22/2015 09/22/15 Rented $3,050 0.0% --
09/21/2015 09/21/15 Under Contract -- -- --
08/17/2015 08/17/15 For Rent $3,050 -- --
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 $9,633 $792,888 $567,600 $225,288
2024 $9,633 $777,342 $556,471 $220,871
2023 $9,477 $762,101 $545,560 $216,541
2022 $9,350 $747,159 $534,863 $212,296
2021 $9,109 $732,510 $524,376 $208,134
2020 $8,418 $671,163 $149,066 $522,097
2019 $8,327 $658,004 $146,144 $511,860
2018 $7,851 $645,103 $143,279 $501,824
2016 $7,551 $620,055 $137,716 $482,339
2015 $7,447 $610,742 $135,648 $475,094
2014 $6,980 $567,000 $126,600 $440,400
Source: Public Records

Agents Affiliated with this Home

  • Chris Hicks

    Seller's Agent in 2020

    Chris Hicks

    The Agency

    (310) 564-7030

    36 Total Sales

    Chris Hicks
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Ashley Durbin Hicks

    The Agency

    (310) 415-3619

    12 Total Sales

    Ashley Durbin Hicks
    Section Image
  • Keri White

    Buyer's Agent in 2020

    Keri White

    Element RE, Inc

    (310) 804-4011

    109 Total Sales

    Keri White
    Section Image

  • A

    Buyer's Agent in 2017

    Andrej Nagy

    The Agency

    Section Image
  • Cynthia Gates

    Buyer's Agent in 2017

    Cynthia Gates

    Douglas Elliman of California, Inc.

    (310) 826-8200

    1 Total Sale

    Cynthia Gates
    Section Image

  • J

    Buyer's Agent in 2015

    Jill Scott

See All Agents

Map

Source: The MLS

MLS Number: 19-525220

The MLS

APN: 4291-023-030

California Los Angeles County Santa Monica 90401 Downtown Santa Monica

1544 7th St Unit 6A, Santa Monica, CA

Not Listed for Sale

Condos

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