NOT LISTED FOR SALE

Estimated Value: $648,212 - $780,000

1 Bed
1 Bath
699 Sq Ft
$1,034/Sq Ft Est. Value

About This Home

As of January 2015

Back on Market! Tenant has to relocate - Beautiful bright unit in the fabulous Pacific Bay Towers. Meticulous Mediterranean building has gorgeous sunny pool area and courtyard. Security building with gated covered parking. Amazing Santa Monica location! 4 blocks to the ocean. Walk to trendy shops and wonderful restaurants. Minutes to Abbot Kinney and Silicon Beach, the second largest tech hub in the world. Unit is updated with gleaming new flooring and fixtures. Nice-sized full bathroom and linen closet. Two walk-in closets in bedroom. Outside balcony/patio off living room. Laundry room in building. Fresh and move in ready! Beach living at its best! Easy to show.

Last Agent to Rent the Property

Cheryl Gussman

Nelson Shelton & Associates License #00941824 Listed on: 10/13/2014

Nelson Shelton & Associates

Last Renter's Agent

Cheryl Gussman

Nelson Shelton & Associates License #00941824 Listed on: 10/13/2014

Nelson Shelton & Associates

Property Details

Home Type

Other

Est. Annual Taxes

$2,660

Year Built

1969

Lot Details

0

Interior Features

  • Room List: Living Room, Walk-In Closet
  • Appliances: Dishwasher, Freezer, Garbage Disposal, Refrigerator
  • Cooking Appliances: Microwave
  • Eating Areas: Dining Area
  • Floor Material: Hardwood, Tile
  • Security/Safety: Gated Community
  • Laundry Locations: Community
  • Active Date: 12/1/2014 12:00:00 AM
  • Date Available: 1/1/2014 12:00:00 AM
  • Security Deposit: 5000.00

Exterior Features

  • Spa: Association Spa, Community
  • Property Condition: Conversion
  • Other Structura lFeatures: Balcony
  • View: Yes
  • Pool: Community Pool, Association Pool
  • Covered Parking: 1

Garage/Parking

  • Assigned Parking Spaces: 1
  • Parking Features: Covered Parking, Gated

Utilities

  • Cooling: None
  • Heating Fuel: Radiant

Condo/Co-op/Association

  • Total Number of Units: 72
  • Amenities: Assoc Maintains Landscape, Controlled Access, Gated Parking

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Morbeck Robin L and Mazio Morbeck Robin
Bought by
Morbeck Robin L
Current Estimated Value
$723,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$138,169
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$584,884

Purchase Details

Closed on
Jun 1, 2006
Sold by
Morbeek Humphrey L
Bought by
Mazlo Morbeck Robin L

Purchase Details

Closed on
Apr 22, 1994
Sold by
The 2025-2045 4Th St Santa Monica Proper
Bought by
Mazlo Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.79%
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
Morbeck Robin L -- Solidifi Title & Closing
Mazlo Morbeck Robin L -- None Available
Mazlo Robin L $110,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morbeck Robin L $200,000
Closed Mazlo Robin L $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2015 01/11/15 Rented $2,495 -7.4% --
01/11/2015 01/11/15 Under Contract -- -- --
10/13/2014 10/13/14 For Rent $2,695 -- --
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 $2,660 $186,930 $71,880 $115,050
2024 $2,660 $183,266 $70,471 $112,795
2023 $2,612 $179,674 $69,090 $110,584
2022 $2,562 $176,152 $67,736 $108,416
2021 $2,472 $172,699 $66,408 $106,291
2020 $2,452 $170,930 $65,728 $105,202
2019 $2,418 $167,580 $64,440 $103,140
2018 $2,285 $164,295 $63,177 $101,118
2016 $2,184 $157,918 $60,725 $97,193
2015 $2,151 $155,547 $59,813 $95,734
2014 $2,134 $152,501 $58,642 $93,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14801747

The MLS

APN: 4289-010-038