NOT LISTED FOR SALE

2002 4th St Unit 210 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $595,273 - $867,000

Studio
1 Bath
555 Sq Ft
0.6 Acres

Last Sold August 21, 2014

Last sale price $395,000 $712 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,145/month

63 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 25,983 Sq Ft lot
  • John Muir Elementary School Rated A
  • City Lights View
  • 4-minute walk to Hotchkiss Park

About This Home

As of August 2014

Life's a beach in trendy Ocean Park Santa Monica. Bright and breezy studio space with full kitchen, full bath and walk in closet. Custom built ins including Murphy Bed and bookcases. North facing windows in your living area and kitchen, with city lights. mountains and glorious sunset views.The unit includes a one car garage. The complex is professionally managed with an elevator and pool in a center courtyard. Simple efficiency living at it's best. Steps to Main street, the beach and the Farmer's Market. E.Z. walk to The 3rd Street Promenade and The Pier. E.Z. commute to Rose Avenue cafes and Whole Foods Market. Welcome to summer at Silicon Beach. See pvt. remarks.

Last Agent to Sell the Property

Peter Mullins

PETER D MULLINS License #00973691 Listed on: 05/08/2014

Last Buyer's Agent

Elizabeth Layne

Estate Properties License #01415795

Estate Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 0.6

Parking

  • 1 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 555 Sq Ft Home
  • 3-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • In Ground Pool
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4289-013-070

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • 38 Units
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Bay West Condominiums
  • Entry Floor: 2
  • Living Area: 555
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community
  • Equipment: Dishwasher
  • Price Per S Q F T: 790.99

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • Security: Gated

Association/Amenities

  • Amenities: Elevator, Gated Community, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 325.07

Lot Info

  • Assessor Parcel Number: 4289-013-070
  • Geocode Override: No
  • Lot Size Area: 25983

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2005
Sold by
Smith Andrew Graham
Bought by
Smith Andrew Graham
Current Estimated Value
$698,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$212,018
Interest Rate
4.72%
Mortgage Type
Negative Amortization
Estimated Equity
$486,300

Purchase Details

Closed on
Jan 17, 2003
Sold by
Naghi David
Bought by
Smith Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2000
Sold by
Kerr Tracey L
Bought by
Naghi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.2%

Purchase Details

Closed on
Jan 3, 1996
Sold by
2002 Bay West
Bought by
Kerr Tracey Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.14%
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
Smith Andrew Graham -- Southland Title
Smith Andrew $190,000 Fidelity National Title
Naghi David $156,000 Equity Title Company
Kerr Tracey Lin $72,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Andrew Graham $300,000
Closed Smith Andrew $184,300
Previous Owner Naghi David $117,000
Previous Owner Kerr Tracey Lin $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2014 08/21/14 Sold $395,000 -10.0% $712 / Sq Ft
05/08/2014 05/08/14 For Sale $439,000 -- $791 / 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 $5,979 $474,722 $379,780 $94,942
2024 $5,979 $465,415 $372,334 $93,081
2023 $5,880 $456,290 $365,034 $91,256
2022 $5,794 $447,344 $357,877 $89,467
2021 $5,633 $438,573 $350,860 $87,713
2019 $5,530 $425,566 $340,454 $85,112
2018 $5,212 $417,223 $333,779 $83,444
2016 $5,016 $401,023 $320,819 $80,204
2015 $4,948 $395,000 $316,000 $79,000
2014 $3,027 $224,473 $171,311 $53,162
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Peter Mullins

    PETER D MULLINS

    Section Image
  • Elizabeth Layne

    Buyer's Agent in 2014

    Elizabeth Layne

    RE/MAX

    (310) 430-5432

    55 Total Sales

    Elizabeth Layne
    Section Image
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Map

Source: The MLS

MLS Number: 14-759113

The MLS

APN: 4289-013-070

California Los Angeles County Santa Monica 90405 Ocean Park

2002 4th St Unit 210, Santa Monica, CA

Not Listed for Sale

Condos

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