NOT LISTED FOR SALE

Estimated Value: $704,000 - $864,000

1 Bed
1 Bath
699 Sq Ft
$465/mo HOA Fee

Last Sold September 03, 2021

Last sale price $680,000 $973 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,431/month

192 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Parking
  • City Lights View
  • John Muir Elementary School Rated A
  • Gated Community
  • 3-minute walk to Hotchkiss Park

About This Home

As of September 2021

What you need to know about this wonderful property: Nicely renovated Unit in Santa Monica 4 blocks to the beach. Open floor plan with large balcony, hardwood floors recessed lighting, kitchen features Caesarstone counter tops and Italian mosaic tile. Heated pool and hot tub, gated garage and roof top deck to enjoy those sunsets. // What we love most: The open floor plan and the large balcony with unobstructed SW views. // This homes Personality is: Warm, inviting and cozy. // Your favorite room will be: The living room with the large balcony watching the morning sunrise and evening sunset. // Best time of (year/day): Every day and all year with the exceptional Santa Monica weather. // Notable about the neighborhood: Blocks from the beach, Main street shops, restaurants, and cafes.

Last Agent to Sell the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 12/08/2020

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Nancy Elliott

Christie's International Real Estate SoCal License #01352882

Christie's International Real Estate SoCal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 1969

Lot Details

  • 1.27

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 699 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • City Lights Views
  • Laundry Room

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Gated Parking
  • Parking Garage Space

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Radiant Heating System
  • Sewer in Street

Additional Features

  • Balcony
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4289-010-080

Community Details

Overview

  • Association fees include trash, water, maintenance paid, earthquake insurance
  • 72 Units

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,780

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
  • Complex Name: Pacific Bay Towers
  • Entry Floor: 2
  • Living Area: 699
  • Lot Acreage: 1.2676
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1969
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Carpet
  • 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, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Elevator, Garbage Disposal, Hood Fan, Microwave, Dishwasher, Ceiling Fan, Freezer, Refrigerator
  • Price Per S Q F T: 1001.43

Exterior Features

  • Other Features: Balcony
  • Pool Description: Heated, Community
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan
  • Earth Quake Ins: 1
  • Heating: Radiant
  • Security: Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Community, Spa, Pool, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Maintenance Paid, Earthquake Insurance
  • HOA Fees: 465.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4289-010-080
  • Lot Size Area: 55216

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jul 28, 2021
Sold by
Kachami Alain
Bought by
Elliott Wyatt Wade
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Nancy Elliott
Christie's International Real Estate SoCal
List Price
$709,900
Sold Price
$680,000
Premium/Discount to List
-$29,900
-4.21%
Current Estimated Value
$776,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,986
Avg. Annual Appreciation
3.41%
Original Mortgage
$510,000
Outstanding Balance
$460,910
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$316,076

Purchase Details

Listed on
Jan 17, 2013
Closed on
Feb 12, 2013
Sold by
Gilmore Gene A and Gilmore Tracy A
Bought by
Kachami Alain
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Nili Hudson
Compass
List Price
$529,000
Sold Price
$512,500
Premium/Discount to List
-$16,500
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
May 12, 2010
Sold by
Gilmore Gene Anthony and Sitnitsky Gene Anthony
Bought by
Gilmore Gene A and Gilmore Tracy A

Purchase Details

Closed on
Jul 13, 2004
Sold by
Louiso Gary A and Fong Hanny
Bought by
Sitnitsky Gene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Elliott Wyatt Wade $680,000 Stewart Title Of Ca Inc
Kachami Alain $512,505 Fidelity Van Nuys
Gilmore Gene A -- None Available
Sitnitsky Gene A $380,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Wyatt Wade $510,000
Previous Owner Sitnitsky Gene A $78,000
Previous Owner Sitnitsky Gene A $417,000
Previous Owner Sitnitsky Gene A $304,000
Closed Sitnitsky Gene A $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $680,000 -2.9% $973 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $699,999 -1.4% $1,001 / Sq Ft
12/08/2020 12/08/20 For Sale $709,900 +38.5% $1,016 / Sq Ft
03/01/2013 03/01/13 Sold $512,500 -3.1% $733 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $529,000 -- $757 / 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 $8,780 $721,619 $577,296 $144,323
2024 $8,780 $707,471 $565,977 $141,494
2023 $8,636 $693,600 $554,880 $138,720
2022 $8,519 $680,000 $544,000 $136,000
2021 $7,242 $583,037 $458,924 $124,113
2019 $7,110 $565,746 $445,313 $120,433
2018 $6,700 $554,654 $436,582 $118,072
2016 $6,448 $533,118 $419,630 $113,488
2015 $6,360 $525,111 $413,327 $111,784
2014 $6,277 $514,826 $405,231 $109,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-668354

The MLS

APN: 4289-010-080