NOT LISTED FOR SALE

Estimated Value: $612,000 - $655,895

1 Bed
1 Bath
790 Sq Ft
$432/mo HOA Fee

Last Sold May 21, 2024

Last sale price $635,000 $804 Per Sq Ft

Current estimated payment $4,354/month

8 Days on Market

Highlights

  • Senior Community
  • 0.6 Acre Lot
  • Den
  • City Lights View
  • Granite Countertops
  • 2-minute walk to Mathews Parkette

About This Home

As of May 2024

Welcome to the Montecito 55+ complex. This welcoming 1 bedroom condo with den is on the top floor and features a balcony/patio with expansive city and mountain views for the perfect sunset retreat. The spacious kitchen features granite counters and stainless steel appliances. The living room has french doors that lead to the balcony. High ceilings, arched doorways and large windows, add to the inviting atmosphere. The bedroom boasts a spacious walk-in closet and city views. The tiled bathroom features an oversized shower with bench. There is central air conditioning and even convenient in unit laundry. One secured underground parking space with storage above. The communal patios with fireplaces are the perfect place to relax with friends. Fantastic location close to shops, restaurants, fitness clubs, and the library. Water is included in the HOA fee. The community allows for 2 pets. One occupant must be 55+, buyers of any age can purchase the condo.

Last Agent to Sell the Property

Bill Ruane

Estate Properties Brokerage Phone: 310-877-2374 License #00972400 Listed on: 04/23/2024

Estate Properties

Last Buyer's Agent

Don Ruane

Real Estate West, Inc. License #01036347

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,979

Year Built

  • Built in 2008

Lot Details

  • 0.6

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 790 Sq Ft Home
  • 4-Story Property
  • Den

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Customized Wheelchair Accessible
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60361
  • Assessor Parcel Number 4155030106
  • $405 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • 48 Units
  • Horizon Association, Phone Number (310) 543-1995
  • Horizon Management HOA

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,979

Year Built

Built in 2008

Lot Details

0

HOA Fees

$432 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RBGC*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4155030106
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 790.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 4
  • Entry Location: ground
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 803.80
  • Room Type: Den, Kitchen
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Pet Rules
  • Association Fee: 432.39
  • Association Fee Frequency: Monthly
  • Association Name: Horizon
  • Phone: 310-543-1995
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Horizon Management

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 25975.00
  • Lot Size Acres: 0.5963

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25975.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Census Tract: 6205.22
  • Tax Lot: 1
  • Tax Tract Number: 60361
  • TaxOtherAnnualAssessmentAmount: 405.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 14, 2024
Sold by
Tran Hao Huy and Hang Thi
Bought by
Gary And Teresa Wallack Living Trust and Wallack
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Don Ruane
Real Estate West, Inc.
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Views
33
Current Estimated Value
$634,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26
Avg. Annual Appreciation
-0.59%

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 8, 2024
Sold by
Tran Hao Huy and Hang Thi
Bought by
Gary And Teresa Wallack Living Trust and Wallack
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Don Ruane
Real Estate West, Inc.
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Views
33

Purchase Details

Listed on
Aug 11, 2014
Closed on
Jul 15, 2014
Sold by
Samples Mel A
Bought by
Tran Hao Huy and Tran Hang Thi
Seller's Agent
Blake Roberts
Compass
Buyer's Agent
Claire Gillespie
Vista Sotheby’s International Realty
Sold Price
$1,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$225,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Samples Mel A and Helen K Samples Living Trust
Bought by
Samples Mel A

Purchase Details

Closed on
May 26, 2010
Sold by
Watt Communities At The Montecito Llc
Bought by
Samples Helen K and Helen K Samples Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gary And Teresa Wallack Living Trust $635,000 First American Title
Gary And Teresa Wallack Living Trust $635,000 First American Title
Tran Hao Huy $354,000 North American Title
Samples Mel A -- None Available
Samples Helen K $335,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Hao Huy $225,000
Previous Owner Samples Helen K $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $635,000 -2.3% $804 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $650,000 0.0% $823 / Sq Ft
08/11/2014 08/11/14 Rented $1,700 0.0% --
08/11/2014 08/11/14 For Rent $1,700 0.0% --
08/05/2014 08/05/14 Sold $354,000 -0.2% $424 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
05/23/2014 05/23/14 Price Changed $354,800 -2.8% $425 / Sq Ft
04/16/2014 04/16/14 Price Changed $365,000 -2.7% $437 / Sq Ft
03/04/2014 03/04/14 Price Changed $375,000 -3.8% $449 / Sq Ft
01/31/2014 01/31/14 For Sale $389,899 -- $467 / 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
2024 $4,979 $417,103 $122,537 $294,566
2023 $4,891 $408,926 $120,135 $288,791
2022 $4,827 $400,909 $117,780 $283,129
2021 $4,713 $393,049 $115,471 $277,578
2019 $4,623 $381,393 $112,047 $269,346
2018 $4,519 $373,915 $109,850 $264,065
2016 $4,387 $359,398 $105,586 $253,812
2015 $4,307 $354,000 $104,000 $250,000
2014 $3,011 $245,831 $113,942 $131,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24080126

California Regional Multiple Listing Service (CRMLS)

APN: 4155-030-106