NOT LISTED FOR SALE

2022 Delaware Ave Unit 1 Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $1,096,000 - $1,440,000

3 Beds
2.5 Baths
1,512 Sq Ft
$400/mo HOA Fee

Last Sold May 19, 2020

Last sale price $895,000 $592 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,913/month

17 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Breakfast Bar
  • Edison Language Academy Rated A
  • Walk-In Closet
  • Living Room

About This Home

As of May 2020

A fantastic opportunity like this doesn't come around often! Here's your chance to own a 1500 sq. ft townhouse in Santa Monica for under a million! Bright front-facing end unit w/ tons of potential is waiting your unique design touches.Truly amazing neighborhood w/ tree lined streets. Within walking distance to Virginia Park, Whole Foods, Santa Monica College, & restaurants.Ground level features generous living-dining area w/ a gas fireplace, kitchen, laundry room & powder room.Three large bedrooms w/ a huge master bedroom closet & two bathrooms complete the upper level. The privatepatio offers a wonderful outdoor space. Direct access to secured garage w/ two car side by side parking spots & additional lockable storage space. First time on the market in 25 years. Because the unit is tenant-occupied, there will be no additional photos posted in the MLS & no pvt showings.Buyer to cooperate w/ Seller's 1031 exchange at no cost to buyer. Property will be delivered vacant.

Last Agent to Sell the Property

Patricia Reilly Tercek

Sotheby's International Realty License #01214922 Listed on: 03/13/2020

Last Buyer's Agent

M Michelle Berg

Surterre Properties Inc. License #01993627

Surterre Properties Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,709

Year Built

  • Built in 1981

Lot Details

  • 10,454

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Gated Parking

Additional Features

  • Open Patio
  • Gated Home
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4274-020-032

Community Details

Overview

  • 8 Units
  • Maintained Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,709

Year Built

Built in 1981

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 2022DEHOA
  • Entry Floor: 1
  • Living Area: 1512
  • Planned Urban Dev: 1
  • Stories: 2
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 545.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Gated Underground
  • Total Parking: 2

Utilities

  • Heating: Natural Gas
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 400.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4274-020-032
  • Geocode Override: No
  • Lot Size Area: 10772

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Eke Kechy Nkechi
Bought by
Kechy Eke 2024 Revocable Trust and Eke
Current Estimated Value
$1,248,977

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 1, 2020
Sold by
Wilmowski Wendy and Wendy Wilmowski Family Trust
Bought by
Eke Kechy Nkechi
Seller's Agent
Patricia Reilly Tercek
Sotheby's International Realty
Buyer's Agent
M Michelle Berg
Surterre Properties Inc.
List Price
$825,000
Sold Price
$895,000
Premium/Discount to List
$70,000
8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$671,250
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2016
Sold by
Wilmowski Wendy
Bought by
Wilmowski Wendy and Wendy Wilmowski Family Trust

Purchase Details

Closed on
Apr 4, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wilmowski Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Gross Ronald S and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Kechy Eke 2024 Revocable Trust -- None Listed On Document
Eke Kechy Nkechi $895,000 California Title Company
Wilmowski Wendy -- None Available
Wilmowski Wendy A $118,000 First American Title
Federal Home Loan Mortgage Corporation $134,674 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eke Kechy Nkechi $671,250
Previous Owner Wilmowski Wendy A $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2020 05/19/20 Sold $895,000 +8.5% $592 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $825,000 0.0% $546 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $825,000 -- $546 / 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 $11,709 $978,807 $712,507 $266,300
2024 $11,709 $959,616 $698,537 $261,079
2023 $11,518 $940,801 $684,841 $255,960
2022 $11,365 $922,355 $671,413 $250,942
2021 $11,070 $904,271 $658,249 $246,022
2020 $2,666 $181,206 $76,779 $104,427
2019 $2,629 $177,654 $75,274 $102,380
2018 $2,472 $174,172 $73,799 $100,373
2017 $2,448 $170,757 $72,352 $98,405
2016 $2,354 $167,410 $70,934 $96,476
2015 $2,320 $164,896 $69,869 $95,027
2014 $2,301 $161,667 $68,501 $93,166
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patricia Reilly Tercek

    Sotheby's International Realty

  • M

    Buyer's Agent in 2020

    M Michelle Berg

    Surterre Properties Inc.

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Map

Source: The MLS

MLS Number: 20-564014

The MLS

APN: 4274-020-032

California Los Angeles County Santa Monica 90404 Pico

2022 Delaware Ave Unit 1, Santa Monica, CA

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