NOT LISTED FOR SALE

Estimated Value: $704,000 - $802,000

1 Bed
1 Bath
699 Sq Ft
1.27 Acres

Last Sold May 27, 2016

Last sale price $610,000 $873 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,917/month

11 Days on Market

Highlights

  • Heated Lap 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 May 2016

Do not miss the great Ocean Park, Santa Monica unit, with views. Just blocks to Santa Monica beach & hip Main St. shops, restaurants & cafs. Unit features open floor plan, great natural light, large balcony w/ unobstructed SW views. Great location in complex facing out (not inside). Watch the moon & sun rise from your patio, living room and master bedroom. Master features large his & her walk in closets w/ extra storage. Building features heated pool & hot tub, extra large updated laundry rm, bike storage room, gated garage, roof deck & large common areas to relax. Walk to Santa Monica Pier or 3rd St Promenade. Short walk or bike ride to new expo line, near Venice's Rose Ave and chic Abbot Kinney Blvd. Low HOA fees. Community features great pool, spa, sundeck, community garage and updated laundry facility. Complex is also gated & secure.

Last Agent to Sell the Property

Brian Maser

The Condo Experts License #01340306 Listed on: 04/14/2016

Last Buyer's Agent

Angela Gill

Keller Williams Downtown LA License #01943466

Keller Williams Downtown LA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,786

Year Built

  • Built in 1969

Lot Details

  • 1.27

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 699 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 4289-010-081

Community Details

Overview

  • 48 Units

Amenities

  • Sundeck
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,786

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Pacific Towers
  • Entry Floor: 3
  • Living Area: 699
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1969
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, 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: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 856.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Community, Heated, Lap Pool, Safety Fence
  • Pool: Yes
  • View: City Lights, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Controlled Entrance, Covered Parking, Door Opener, Gated

Utilities

  • Earth Quake Ins: 1
  • Security: Community

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Community, Gated Parking, Pool, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 335.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4289-010-081
  • Geocode Override: No
  • Lot Size Area: 55216

Multi Family

  • Number Of Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 5, 2016
Sold by
Novak Lidu
Bought by
Mcdonald Jeffrey R and Gill Angela N
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Angela Gill
Keller Williams Downtown LA
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
$768,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,084
Avg. Annual Appreciation
2.52%
Original Mortgage
$549,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1995
Sold by
The 2025-2045 4Th Street Santa Monica Pr
Bought by
Novak Lidu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.5%
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
Mcdonald Jeffrey R $610,000 Fatcola
Novak Lidu $110,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Jeffrey R $528,100
Closed Mcdonald Jeffrey R $535,250
Closed Mcdonald Jeffrey R $549,000
Previous Owner Novak Lidu $100,000
Previous Owner Novak Lidu $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $610,000 +1.8% $873 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $599,000 -- $857 / 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 $8,786 $722,109 $577,690 $144,419
2024 $8,786 $707,951 $566,363 $141,588
2023 $8,642 $694,070 $555,258 $138,812
2022 $8,524 $680,462 $544,371 $136,091
2021 $8,300 $667,121 $533,698 $133,423
2019 $8,154 $647,335 $517,869 $129,466
2018 $7,684 $634,643 $507,715 $126,928
2016 $2,171 $156,773 $60,722 $96,051
2015 $2,138 $154,419 $59,810 $94,609
2014 $2,121 $151,395 $58,639 $92,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-115484

The MLS

APN: 4289-010-081