NOT LISTED FOR SALE

Estimated Value: $696,000 - $790,000

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

Last Sold July 28, 2020

Last sale price $645,000 $1,024 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,286/month

29 Days on Market

Highlights

  • Heated In Ground Pool
  • No Units Above
  • City Lights View
  • John Muir Elementary School Rated A
  • Automatic Gate
  • 3-minute walk to Hotchkiss Park

About This Home

As of July 2020

3D virtual tour: https://my.matterport.com/show/?m=YwTH7tssi6y&mls=1 This charming 1 bedroom 1 bath condo located on the top floor in the Pacific Bay Condo Community is only 4 blocks to the Santa Monica Beach and 2 blocks to the Main Street Shops, Restaurants and Coffee Houses. Less than 1 mile is the renown 3rd Street Promenade and Santa Monica Malls and Pier with more shops, wine tasting and restaurants. This resort style community offers an observation deck for surrounding views, a heated pool and spa, laundry facility and a tranquil courtyard for relaxation and bath in the Pacific Ocean breeze. Spacious living room with a coat closet has sliding glass doors to access a large private balcony. Kitchen has refrigerator, dishwasher, microwave, utility closet and a separate wine cooler. Large bedroom has two generous size walk-in closets. A full bath has tiled counter and tub/shower. This unit is filled with natural light and bright. Views of the pool, mountains and city lights can be seen from the master bedroom and balcony. Assigned parking is adjacent to the elevator and only a few feet to the unit once exit the elevator. This home is the Southern California beach town lifestyle at its best!

Last Agent to Sell the Property

Hwei-Chu Meng

HOMEQUEST REAL ESTATE License #01397654 Listed on: 05/25/2020

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Ian Rusnell

Vista Sotheby's International Realty License #01454581

Vista Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,511

Year Built

  • Built in 1969

Lot Details

  • No Units Above
  • 1 Common Wall

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Converted Garage
  • Parking Available
  • Rear-Facing Garage
  • Automatic Gate
  • Assigned Parking

Property Views

  • City Lights
  • Mountain
  • Neighborhood
  • Courtyard

Home Design

  • Turnkey

Interior Spaces

  • 630 Sq Ft Home
  • Window Screens
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 48601
  • Assessor Parcel Number 4289010098

Community Details

Overview

  • Master Insurance
  • 72 Units
  • Pacific Bay Towers Association, Phone Number (310) 982-8333
  • Amp HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,511

Year Built

Built in 1969

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: refrigerator, wine cooler, coffee table, desk and chair, master bed mattress, entertainment stand, one mint color chair
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: SMOP2
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4289010098
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 630.00 Square Feet
  • Interior Amenities: Balcony, Ceramic Counters
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1023.81
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Spa Features: Association
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: City Lights, Courtyard, Mountain(s), Neighborhood
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Converted Garage, Garage Faces Rear, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Insurance, Maintenance Grounds, Trash, Sewer, Water, Call for Rules, Controlled Access, Hot Water
  • Association Fee: 465.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Bay Towers
  • Phone: 310-982-8333
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks
  • Association Management: AMP

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 34.00812000

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 72
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 48601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 12, 2020
Sold by
Thornton James
Bought by
Rose Lauren and Talbot Jose
Seller's Agent
Hwei-Chu Meng
HOMEQUEST REAL ESTATE
Buyer's Agent
Ian Rusnell
Vista Sotheby's International Realty
List Price
$660,000
Sold Price
$645,000
Premium/Discount to List
-$15,000
-2.27%
Current Estimated Value
$754,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,674
Avg. Annual Appreciation
3.24%
Original Mortgage
$612,750
Outstanding Balance
$546,741
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$211,576

Purchase Details

Closed on
Dec 30, 2010
Sold by
Thornton James
Bought by
Thornton James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Thornton Chloe Davis
Bought by
Thornton James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Atkins Ellen Joyce
Bought by
Thornton James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2001
Sold by
Weisman Brenda
Bought by
Atkins Ellen Joyce
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
Rose Lauren $645,000 Wfg National Title Co Of Ca
Thornton James -- Wfg Title Ins Co
Thornton James -- Equity Title Company
Thornton James $457,000 Equity Title Company
Atkins Ellen Joyce $245,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Lauren $612,750
Previous Owner Thornton James $230,850
Previous Owner Thornton James $250,100
Previous Owner Thornton James $357,000
Previous Owner Weisman Brenda $116,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $645,000 -2.3% $1,024 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $660,000 -- $1,048 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,511 $698,165 $558,533 $139,632
2024 $8,511 $684,477 $547,582 $136,895
2023 $8,371 $671,057 $536,846 $134,211
2022 $8,257 $657,900 $526,320 $131,580
2021 $8,039 $645,000 $516,000 $129,000
2020 $7,331 $582,459 $465,972 $116,487
2019 $7,251 $571,039 $456,836 $114,203
2018 $6,834 $559,843 $447,879 $111,964
2016 $6,489 $530,000 $424,600 $105,400
2015 $6,185 $503,000 $403,000 $100,000
2014 $6,219 $503,000 $403,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20098420

California Regional Multiple Listing Service (CRMLS)

APN: 4289-010-098