NOT LISTED FOR SALE

Estimated Value: $1,683,000 - $1,758,452

2 Beds
2 Baths
1,770 Sq Ft
$502/mo HOA Fee

Last Sold June 26, 2024

Last sale price $1,599,000 $903 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,358/month

8 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Contemporary Architecture
  • John Muir Elementary School Rated A
  • 0.54 Acre Lot
  • 5-minute walk to South Beach Park

About This Home

As of June 2024

Stunning loft living awaits in this remarkable 2 bedroom, 2 bath 1,770 SF residence nestled just above Santa Monica's vibrant Main Street. With crisp white walls, blonde herringbone wood floors, high ceilings, large dramatic windows and a spacious outdoor balcony, this home boasts an abundance of natural light and a great location on Main Street. This upper-level unit ensures privacy with no neighbors above and features an expansive open-concept layout, highlighted by a state-of-the-art gourmet kitchen at its heart. Ample counter space, a 4-burner range with griddle and stacked washer/dryer closet allows for sleek, functional everyday living. The expansive primary bedroom suite boasts a large picture window, plenty of storage and a luxurious wet room with double sinks and designer walk-in shower with soaking tub. A versatile ensuite secondary bedroom can be used as an office space or guest retreat with a window looking out onto city lights. The inviting guest bathroom offers white marble countertops and wood accented walls. Outside, an oversized private balcony with city views is the perfect place to BBQ or unwind after a long day. Additionally, enjoy the convenience of 2 side-by-side parking spaces with an extra storage locker in the garage. This contemporary gem is perfectly positioned near the Venice/Santa Monica border with close proximity to Abbot Kinney Boulevard, the beach and all that Main Street has to offer.

Last Agent to Sell the Property

Ryan Jancula

Compass License #01904981 Listed on: 05/16/2024

Compass

Co-Listed By

Chris Fajardo

Compass License #02129346

Last Buyer's Agent

Brenda Hollifield

Brenda Joan Hollifield License #01296694

Brenda Joan Hollifield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,357

Year Built

  • Built in 2006

Lot Details

  • 0.54

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Gated Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,770 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Open Patio
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4288-005-037

Community Details

Overview

  • Association fees include insurance, building and grounds
  • 19 Units
  • Association Phone (310) 734-0304

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,357

Year Built

Built in 2006

Lot Details

0

HOA Fees

$502 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Sailhouse Lofts
  • Entry Floor: 3
  • Living Area: 1770
  • Lot Acreage: 0.5441
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2006
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Washer, Dishwasher, Freezer, Range/Oven, Refrigerator, Microwave
  • Price Per S Q F T: 903.39

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: City Lights, City, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Gated, Community Garage, Controlled Entrance, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Controlled Access, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Building and Grounds
  • HOA Fees: 501.51
  • Phone: 3107340304|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4288-005-037
  • Lot Size Area: 23699

Multi Family

  • Number Of Units: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 19, 2024
Sold by
Lebow Max and Lebow David A
Bought by
Williams Michael and Mcknight Melissa
Seller's Agent
Ryan Jancula
Compass
Buyer's Agent
Brenda Hollifield
Brenda Joan Hollifield
List Price
$1,599,000
Sold Price
$1,599,000
Views
23
Current Estimated Value
$1,711,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,613
Avg. Annual Appreciation
6.10%
Original Mortgage
$1,199,250
Outstanding Balance
$1,187,810
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$523,803

Purchase Details

Closed on
Nov 16, 2021
Sold by
Morris Patrick Kevin and The Morris Morgerman Trust
Bought by
Morris Patrick Kevin and Morgerman Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
North Elizabeth
Bought by
Frye Brittain Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,125
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 23, 2006
Sold by
Sailhouse Llc
Bought by
Frye Brittain Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.86%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Michael $1,599,000 Lawyers Title
Morris Patrick Kevin -- Orange Coast Ttl Co Of Nocal
Frye Brittain Ray -- Fidelity National Title Co
Frye Brittain Ray $1,375,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Michael $1,199,250
Previous Owner Morris Patrick Kevin $1,010,000
Previous Owner Morris Patrick Kevin $1,237,500
Previous Owner Frye Brittain Ray $236,125
Previous Owner Frye Brittain Ray $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $1,599,000 0.0% $903 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,599,000 +6.6% $903 / Sq Ft
09/22/2022 09/22/22 Sold $1,500,000 -4.8% $847 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,575,000 0.0% $890 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $1,575,000 -7.1% $890 / Sq Ft
05/13/2022 05/13/22 For Sale $1,695,000 -- $958 / 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 $18,357 $1,630,980 $1,140,972 $490,008
2024 $18,357 $1,530,000 $535,500 $994,500
2023 $18,063 $1,500,000 $525,000 $975,000
2022 $24,503 $2,042,292 $1,547,195 $495,097
2021 $23,908 $2,002,248 $1,516,858 $485,390
2019 $23,510 $1,942,862 $1,471,868 $470,994
2018 $22,126 $1,904,767 $1,443,008 $461,759
2016 $21,331 $1,830,804 $1,386,975 $443,829
2015 $19,641 $1,679,000 $1,272,100 $406,900
2014 $16,194 $1,370,000 $1,038,000 $332,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-391345

The MLS

APN: 4288-005-037