$620,000
SOLD APR 14, 2021
1 Bed
1 Bath
615 Sq Ft
$465/mo HOA Fee

Recently Sold

$1,008 Per Sq Ft

7% Below List Price

165 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • 1.27 Acre Lot
  • John Muir Elementary School Rated A
  • Panoramic View
  • 3-minute walk to Hotchkiss Park

About This Home

As of April 2021

Do not miss the opportunity to own a PENTHOUSE beach condo on 4th street!! This 3rd floor unit has tons of natural light and amazing outdoor space! Just blocks to Santa Monica Beach & All of the hip Main Street shops, restaurants & cafe's. The unit features an open floor plan and a large balcony with phenomenal views. Great location in the complex! Master bedroom has large closets w/ extra storage. The building features heated pool & hot tub, extra large updated laundry room, bike storage room, gated garage & large common areas to relax. Just a short walk to the sand, and an easy bike ride to the Santa Monica Pier or Abbot Kinney Boulevard and Rose Avenue.

Last Agent to Sell the Property

Michael Pines

The Condo Experts License #01965604 Listed on: 10/02/2020

Co-Listed By

Brian Maser

The Condo Experts License #01340306

Last Buyer's Agent

Derek Reilly

Redfin License #02072548

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,204

Year Built

  • Built in 1969

HOA Fees

  • $465 Monthly HOA Fees

Property Views

  • Panoramic
  • Trees
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 615 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Tile Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Gated Parking
  • Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Additional Features

  • Gated Home
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 4289-010-088

Community Details

Overview

  • 72 Units
  • Maintained Community

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,204

Year Built

Built in 1969

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Do not miss the opportunity to own a PENTHOUSE beach condo on 4th street!! This 3rd floor unit has tons of natural light and amazing outdoor space! Just blocks to Santa Monica Beach & All of the hip Main Street shops, restaurants & cafe's. The unit features an open floor plan and a large balcony with phenomenal views. Great location in the complex! Master bedroom has large closets w/ extra storage. The building features heated pool & hot tub, extra large updated laundry room, bike storage room, gated garage & large common areas to relax. Just a short walk to the sand, and an easy bike ride to the Santa Monica Pier or Abbot Kinney Boulevard and Rose Avenue.
  • Complex Name: Pacific Bay Towers
  • Entry Floor: 3
  • Living Area: 615
  • Lot Acreage: 1.2676
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1969
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 973.98

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: Panoramic, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Gated
  • Total Parking: 1

Utilities

  • Heating: Hot Water Circulator
  • Security: Card/Code Access, Gated

Association/Amenities

  • Amenities: Elevator, Controlled Access, Assoc Maintains Landscape, Assoc Pet Rules, Pool, Gated Parking, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 465.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4289-010-088
  • Lot Size Area: 55216

Multi Family

  • Number Of Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 6, 2021
Sold by
Phillip Dean M and Phillip Sirianna
Bought by
Perez Christian
Seller's Agent
Michael Pines
The Condo Experts
Buyer's Agent
Derek Reilly
Redfin
List Price
$670,000
Sold Price
$620,000
Premium/Discount to List
-$50,000
-7.46%
Current Estimated Value
$765,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,060
Avg. Annual Appreciation
4.52%
Original Mortgage
$558,000
Outstanding Balance
$505,984
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$248,143

Purchase Details

Listed on
Jan 9, 2014
Closed on
Jan 23, 2014
Sold by
Banister Linda S
Bought by
Phillip Dean M and Phillips Sirianna
Seller's Agent
Serene Sulpor
Strand Hill Properties
Buyer's Agent
Anthony Kelly
Coldwell Banker Realty
List Price
$479,500
Sold Price
$470,000
Premium/Discount to List
-$9,500
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$453,197
Interest Rate
4.47%
Mortgage Type
VA

Purchase Details

Closed on
Apr 28, 2004
Sold by
Banister Lawrence R
Bought by
Banister Linda S

Purchase Details

Closed on
Mar 2, 2004
Sold by
Banister Lawrence R
Bought by
Banister Linda S

Purchase Details

Closed on
Sep 2, 1993
Sold by
2025-2045 4Th Street Santa Monica Proper
Bought by
Banister Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.28%
Mortgage Type
FHA
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 Type Sale Price Title Company
Grant Deed $620,000 North American Title
Grant Deed $470,000 Pacific Coast Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Partnership Grant Deed $127,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $558,000 New Conventional
Previous Owner $445,014 VA
Previous Owner $453,197 VA
Previous Owner $261,400 Unknown
Previous Owner $258,000 Unknown
Previous Owner $205,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $155,000 Unknown
Previous Owner $155,000 Unknown
Previous Owner $114,300 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $620,000 +3.5% $1,008 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $599,000 -6.4% $974 / Sq Ft
02/19/2021 02/19/21 Price Changed $640,000 -0.8% $1,041 / Sq Ft
02/11/2021 02/11/21 Price Changed $645,000 -0.8% $1,049 / Sq Ft
01/15/2021 01/15/21 Price Changed $650,000 -1.4% $1,057 / Sq Ft
11/19/2020 11/19/20 Price Changed $659,000 -1.6% $1,072 / Sq Ft
11/18/2020 11/18/20 For Sale $670,000 0.0% $1,089 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $670,000 0.0% $1,089 / Sq Ft
06/11/2019 06/11/19 Rented $2,800 0.0% --
06/11/2019 06/11/19 Under Contract -- -- --
06/02/2019 06/02/19 For Rent $2,800 0.0% --
02/20/2014 02/20/14 Sold $470,000 -2.0% $764 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $479,500 0.0% $780 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $479,500 -- $780 / 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 $8,204 $671,105 $536,885 $134,220
2024 $8,204 $657,947 $526,358 $131,589
2023 $8,069 $645,047 $516,038 $129,009
2022 $7,958 $632,400 $505,920 $126,480
2021 $6,647 $532,270 $418,571 $113,699
2020 $6,599 $526,814 $414,280 $112,534
2019 $6,525 $516,485 $406,157 $110,328
2018 $6,149 $506,359 $398,194 $108,165
2016 $5,917 $486,699 $382,733 $103,966
2015 $5,836 $479,389 $376,984 $102,405
2014 $2,480 $176,068 $91,778 $84,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-641070

The MLS

APN: 4289-010-088