NOT LISTED FOR SALE

Estimated Value: $3,385,662

-- Bed
-- Bath
10,180 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $3,100,000 $305 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $22,503/month

220 Days on Market

About This Home

As of March 2012

Adjcent to Main Street and located in the historical commercial district of Santa Monica is the Bicknell Building, a renovated and fully leased landmark property. The Bicknell Building offers gound floor office space, ten residential units, and one beautiful two-bedroom penthouse. Financials only upon entering escrow. Showings are possible for qualified principals. Inquiries by email - please.

Last Agent to Sell the Property

Barry Kinyon

Compass License #01097786 Listed on: 07/11/2011

Compass

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $55,471

Year Built

  • Built in 1915

Lot Details

  • 4,795 Sq Ft Lot

Interior Spaces

  • 10,180 Sq Ft Home
  • 2-Story Property

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4289-017-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$55,471

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10180
  • Stories: 2
  • Year Built: 1915
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 343.81

Exterior Features

  • Pool: No

Lot Info

  • Assessed Improvement Value: 683776
  • Assessed Land Value: 541469
  • Assessor Parcel Number: 4289-017-002
  • Lot Size Area: 4795

Multi Family

  • Unit Type: 2106
  • Number Of Units: 10
  • Total Annual Expense: 0
  • Type Of Units: 0
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2015
Sold by
Pickart Daniel and Pickart Stephanie
Bought by
Bry Richman
Current Estimated Value
$3,385,662

Purchase Details

Closed on
Jan 21, 2014
Sold by
Acierno John and Ancierno Luanne
Bought by
Bry Richman and The Bry Family Trust

Purchase Details

Listed on
Jul 11, 2011
Closed on
Mar 2, 2012
Sold by
Gilliland Geraldine and The Geraldine Gilliland Trust
Bought by
Pickart Daniel and Pickart Stephanie
Seller's Agent
Barry Kinyon
Compass
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$3,950,000
Sold Price
$3,100,000
Premium/Discount to List
-$850,000
-21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.62%
Original Mortgage
$1,965,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2005
Sold by
Gilliland Geraldine and Lonsway/Gilliland Family Trust
Bought by
Gilliland Geraldine and Geraldine Gilliland Trust

Purchase Details

Closed on
Apr 6, 2005
Sold by
Gilliland Geraldine and Lonsway/Gilliland Family Trust
Bought by
Gilliland Geraldine and The Lonsway/Gilliland Family T

Purchase Details

Closed on
Oct 14, 2003
Sold by
Gilliland Geraldine and Lonsway Theodore
Bought by
Gilliland Geraldine and Lonsway Theodore

Purchase Details

Closed on
Jun 14, 2001
Sold by
Bicknell Partnership
Bought by
Lowsway Theodore

Purchase Details

Closed on
Mar 10, 1999
Sold by
Allen Cynthia
Bought by
Applebaum Seymour

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
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bry Richman -- Fatcola
Bry Richman $1,700,017 None Available
Pickart Daniel $3,100,031 California Title Company
Gilliland Geraldine -- --
Gilliland Geraldine -- --
Gilliland Geraldine -- --
Gilliland Geraldine -- --
Gilliland Geraldine -- --
Gilliland Geraldine -- --
Lowsway Theodore $1,050,000 Equity Title Company
Applebaum Seymour -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pickart Daniel $1,965,000
Previous Owner Gilliland Geraldine $1,520,000
Previous Owner Applebaum Seymour $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $3,100,000 -21.5% $305 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
07/11/2011 07/11/11 For Sale $3,950,000 -- $388 / 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 $55,471 $4,734,032 $3,520,180 $1,213,852
2024 $55,471 $4,641,208 $3,451,157 $1,190,051
2023 $54,602 $4,550,205 $3,383,488 $1,166,717
2022 $53,954 $4,460,987 $3,317,146 $1,143,841
2021 $52,640 $4,373,517 $3,252,104 $1,121,413
2019 $51,782 $4,244,238 $3,155,646 $1,088,592
2018 $48,719 $4,161,027 $3,093,771 $1,067,256
2016 $46,868 $3,999,029 $2,973,637 $1,025,392
2015 $42,515 $3,608,868 $2,524,073 $1,084,795
2014 -- $3,176,354 $2,049,261 $1,127,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-540285

The MLS

APN: 4289-017-002