R
Seller's Agent in 2021
Ron Wynn
Compass
(310) 395-7090
16 in this area
192 Total Sales
2016 Pier Ave Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated Value: $2,268,343 - $2,602,000
3
Beds
1
Bath
1,142
Sq Ft
$2,104/Sq Ft
Est. Value
Highlights
- No HOA
- Views
- 1-Story Property
- Grant Elementary School Rated A+
About This Home
As of July 2021Developer opportunity! Great lot value tear down in prime Sunset Park. One of the few lots still remaining with comparable resales of new construction around $1,200 per foot, recently closed and closing escrow soon. The existing home has no value and will only be shown at times pre-designated. See instructions regarding offer submission- no early offer review. This is a trust sale, not subject to court approval. Seller has not lived at the property- sold as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,858
Year Built
- Built in 1947
Lot Details
- 6,995 Sq Ft Lot
- Lot Dimensions are 50x140
- Property is zoned SMR1*
Parking
- 2 Car Garage
Interior Spaces
- 1,142 Sq Ft Home
- 1-Story Property
- Property Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4272-005-017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Jul 9, 2021
Sold by
Michaels Dennis James and Michaels Thomas Earl
Bought by
Worthington Bradley J and Worthington Karl E
Seller's Agent
Ron Wynn
Compass
Buyer's Agent
Ron Wynn
Compass
List Price
$1,880,000
Sold Price
$2,000,000
Premium/Discount to List
$120,000
6.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,336
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,600,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 1993
Sold by
Michaels Aaron and Michaels Martha E
Bought by
The Michaels Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Worthington Bradley J | $2,000,000 | Fidelity National Title Co | |
| The Michaels Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Worthington Bradley J | $2,737,500 | |
| Closed | Worthington Bradley J | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $2,000,000 | +6.4% | $1,751 / Sq Ft |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $1,880,000 | -- | $1,646 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $24,858 | $2,122,415 | $1,697,932 | $424,483 |
| 2024 | $24,858 | $2,080,800 | $1,664,640 | $416,160 |
| 2023 | $24,459 | $2,040,000 | $1,632,000 | $408,000 |
| 2022 | $24,158 | $2,000,000 | $1,600,000 | $400,000 |
| 2021 | $1,779 | $92,668 | $73,588 | $19,080 |
| 2020 | $1,763 | $91,719 | $72,834 | $18,885 |
| 2019 | $1,734 | $89,921 | $71,406 | $18,515 |
| 2018 | $1,583 | $88,158 | $70,006 | $18,152 |
| 2016 | $1,501 | $84,738 | $67,289 | $17,449 |
| 2015 | $1,476 | $83,466 | $66,279 | $17,187 |
| 2014 | $1,475 | $81,832 | $64,981 | $16,851 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Wynn
Map
Source: The MLS
MLS Number: 21-733632
APN: 4272-005-017
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