NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,540,000

3 Beds
2.5 Baths
1,806 Sq Ft
$250/mo HOA Fee

Last Sold November 19, 2013

Last sale price $721,000 $399 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,518/month

48 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Maid or Guest Quarters
  • John Muir Elementary School Rated A
  • Dual Staircase
  • Deck

About This Home

As of November 2013

BIG REDUCTION!!! Freshly renovated, 3-story condo has unique floor plan with new floors, carpet, recessed lighting, and floor-to-ceiling windows that create a perfect light and bright space.
Kitchen has new cabinets and new stainless appliances, recessed lighting, paint, floors, granite countertops, and plenty of natural light which opens up to dining area.
Top floor has 2 large bedrooms with vaulted ceilings, private balconies, and fully remodeled bath.
Basement floor has private entrance as well as direct access through inside staircase and could easily be closed off from the top two floors. This area could be ideal for a large game room, in-law suite, or separate maids quarters which includes a full bathroom and large closet with plenty of room for a small/kitchen dining area. The unit has one garage parking space and one driveway space. Plenty of room to add shelving and storage in garage in addition to a separate storage room on basement floor.
This beautiful condo is located within blocks of the beach, Main Street, and the Third Street Promenade with a low HOA. This is easily the best priced 3 bedroom condo on the market today in Santa Monica over 1800 Square Feet.

Last Agent to Sell the Property

Jack Harriman

Seven Gables Real Estate License #01920575 Listed on: 08/20/2013

Seven Gables Real Estate

Last Buyer's Agent

Ted Liu

Kairos Real Estate License #01876559

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,648

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Split Level Home
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,806 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Recessed Lighting
  • Family Room
  • Utility Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 053
  • Tax Tract Number 52256
  • Assessor Parcel Number 4283020053

Community Details

Overview

  • 5 Units

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,648

Year Built

Built in 1975

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: New refrigerator, range, and dishwasher
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Card/Code Access
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4283020053
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1806.00
  • Interior Amenities: 2 Staircases, Balcony, Open Floorplan, Copper Plumbing Partial, Recessed Lighting
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Multi/Split
  • Price Per Square Foot: 399.22
  • Room Type: Family Room, Guest/Maid's Quarters, Utility Room

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Upper Level, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5799.00
  • Lot Size Acres: 0.1330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5799.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 053
  • Tax Tract Number: 52256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2015
Sold by
Liu David
Bought by
Liu David
Current Estimated Value
$1,348,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 27, 2013
Sold by
Bhakta Palak N
Bought by
Liu David T
Seller's Agent
Jack Harriman
Seven Gables Real Estate
Buyer's Agent
Ted Liu
Kairos Real Estate
List Price
$799,000
Sold Price
$721,000
Premium/Discount to List
-$78,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$541,125
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2013
Sold by
Hedding Brandon M
Bought by
Bhakta Palak N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Hedding Patrese
Bought by
Hedding Brandon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Jackson Bruce Robert and Jackson Teresa M
Bought by
Hedding Brandon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1998
Sold by
Fischman Carol S and Farhat Ernie A
Bought by
Jackson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,180
Interest Rate
6.88%
Mortgage Type
Unknown
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
Liu David -- Fidelity National Title
Liu David T $721,000 Lawyers Title Company
Bhakta Palak N $545,000 Lawyers Title Company
Bhakta Palak N -- Lawyers Title Company
Hedding Brandon M -- Southland Title
Hedding Brandon M $425,000 Southland Title
Jackson Bruce -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu David $744,000
Closed Liu David $535,000
Previous Owner Liu David T $541,125
Previous Owner Bhakta Palak N $422,500
Previous Owner Hedding Brandon M $29,320
Previous Owner Hedding Brandon M $90,000
Previous Owner Hedding Brandon M $60,000
Previous Owner Hedding Brandon M $490,000
Previous Owner Hedding Brandon M $95,000
Previous Owner Hedding Brandon M $225,000
Previous Owner Hedding Brandon M $340,000
Previous Owner Farhat Ernie A $140,180
Closed Hedding Brandon M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2013 11/19/13 Sold $721,000 -3.2% $399 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
09/16/2013 09/16/13 Price Changed $745,000 -3.1% $413 / Sq Ft
09/04/2013 09/04/13 Price Changed $769,000 -3.8% $426 / Sq Ft
08/20/2013 08/20/13 For Sale $799,000 0.0% $442 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $799,000 -- $442 / 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 $10,648 $884,448 $625,796 $258,652
2024 $10,648 $867,107 $613,526 $253,581
2023 $10,474 $850,106 $601,497 $248,609
2022 $10,333 $833,438 $589,703 $243,735
2021 $10,060 $817,097 $578,141 $238,956
2019 $9,882 $792,863 $560,994 $231,869
2018 $9,302 $777,318 $549,995 $227,323
2016 $8,946 $747,136 $528,639 $218,497
2015 $8,827 $735,914 $520,699 $215,215
2014 -- $740,000 $517,400 $222,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13159656

California Regional Multiple Listing Service (CRMLS)

APN: 4283-020-053