NOT LISTED FOR SALE

Estimated Value: $710,000 - $764,000

1 Bed
1 Bath
700 Sq Ft
1.27 Acres

Last Sold April 17, 2014

Last sale price $551,000 $787 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,571/month

19 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Spanish Architecture
  • John Muir Elementary School Rated A
  • 55,216 Sq Ft lot
  • 3-minute walk to Hotchkiss Park

About This Home

As of April 2014

Watch beautiful Santa Monica sunsets from the large terrace of this top floor, one bedroom apartment with lots of closet space including two walk in closets, granite bathroom, and re-done kitchen. This luxurious building has a swimming pool, hot tub, parking, laundry, landscaped gardens and elevators. It is also pet friendly and is four blocks from the beach! Neighborhood Description Gorgeous landscaped gardens, blocks to the beach and restaurants. Ample public transportation and walking distance to the mall, 3rd street promenade and main street. Easy access to the 10 and 405.

Last Buyer's Agent

Ed Carpenter

Coldwell Banker Realty License #00269010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1969

Lot Details

  • Gated Home

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Shingle Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Baseboard Heating
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4289-010-094

Community Details

Overview

  • Association fees include building and grounds
  • 72 Units
  • Association Phone (424) 261-2161

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,152

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: Pacific Towers
  • Entry Floor: 3
  • Living Area: 700
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 3
  • Year Built: 1969
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Freezer, Microwave, Refrigerator
  • Price Per S Q F T: 792.86

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • Roof: Shingle
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Attached

Utilities

  • Heating: Baseboard
  • Security: Gated
  • Water: District

Association/Amenities

  • Amenities: Elevator, Extra Storage, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds
  • HOA Fees: 355.00
  • Phone: 4242612161

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4289-010-094
  • Geocode Override: No
  • Lot Size Area: 55216

Multi Family

  • Number Of Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Lawrence Shaw Revocable Trust
Bought by
Sunnie K Shaw Living Trust
Current Estimated Value
$744,687

Purchase Details

Closed on
Mar 17, 2015
Sold by
Shaw Lawrence
Bought by
Shaw Lawrence and Lawrence Shaw 2015 Revocable Trust

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 3, 2014
Sold by
Borsa Shirley P
Bought by
Shaw Lawrence
Seller's Agent
Owners Realty, Inc.
Buyer's Agent
Ed Carpenter
Coldwell Banker Realty
List Price
$555,000
Sold Price
$551,000
Premium/Discount to List
-$4,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Jun 1, 2006
Sold by
Borsa Shirley
Bought by
Borsa Shirley P and Kelly Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 11, 2006
Sold by
Wilkins Kim
Bought by
Borsa Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2006
Sold by
Borsa Edward
Bought by
Borsa Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 5, 1994
Sold by
The 2025 2045 4Th Street Santa Monica Pr
Bought by
Wilkins Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.59%
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
Sunnie K Shaw Living Trust -- None Listed On Document
Lawrence Shaw 2015 Revocable Trust -- None Listed On Document
Shaw Lawrence -- None Available
Shaw Lawrence $551,000 Equity Title Company
Borsa Shirley P -- None Available
Borsa Shirley $507,000 California Title Company
Borsa Shirley -- California Title Company
Wilkins Kim $131,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borsa Shirley P $88,400
Previous Owner Borsa Shirley $100,000
Previous Owner Wilkins Kim $107,000
Previous Owner Wilkins Kim $101,314
Previous Owner Wilkins Kim $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $551,000 -0.7% $787 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $555,000 -- $793 / 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 $6,152 $488,987 $342,499 $146,488
2024 $6,152 $479,400 $335,784 $143,616
2023 $8,123 $649,213 $516,074 $133,139
2022 $8,011 $636,484 $505,955 $130,529
2021 $7,799 $624,005 $496,035 $127,970
2019 $7,661 $605,498 $481,323 $124,175
2018 $7,220 $593,627 $471,886 $121,741
2016 $6,953 $570,577 $453,563 $117,014
2015 $6,860 $562,008 $446,751 $115,257
2014 $6,222 $510,000 $408,800 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-736381

The MLS

APN: 4289-010-094