NOT LISTED FOR SALE

2308 Schader Dr Unit 215 Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $970,000 - $1,195,000

2 Beds
2 Baths
1,362 Sq Ft
$405/mo HOA Fee

Last Sold June 01, 2023

Last sale price $950,000 $698 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,154/month

14 Days on Market

Highlights

  • Gated Community
  • 0.45 Acre Lot
  • Courtyard Views
  • McKinley Elementary School Rated A
  • Contemporary Architecture
  • Meeting Room

About This Home

As of June 2023

Updated 2 Bed + Den & 2 Bath Townhome style unit in a great Santa Monica location! Unit is located on the top 2 floors of the building with no one above, no one below and no shared walls. Large living room with recessed lighting, new vinyl plank flooring and dual pane windows that opens to an extra large den area perfect for a home office. Galley kitchen with dining area, new stainless steel appliances and recessed lighting. Upstairs has 2 extra large bedrooms each with a walk in closet. Also features a large laundry room, new vinyl plank flooring, dual pane windows, plantation shutters, 2 car side by side parking and more! Gated, secured building with low HOA dues. Amazing location close to the Water Garden, Expo Line and next to great restaurants, shops & cafes. The best value in Santa Monica and is not to be missed!

Last Agent to Sell the Property

Scott Walker

Compass License #01428946 Listed on: 04/28/2023

Compass

Co-Listed By

Meghan Fitzgerald

Compass License #01987561

Last Buyer's Agent

John Capiro

Compass License #00925696

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,820

Year Built

  • Built in 1972

Lot Details

  • 0.45

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,362 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Den
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Parking Garage Space

Additional Features

  • Gated Home
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 4275-005-112

Community Details

Overview

  • 36 Units
  • Maintained Community

Amenities

  • Meeting Room

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,820

Year Built

Built in 1972

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: SCHADER DRIVE HOA
  • Entry Floor: 3
  • Living Area: 1362
  • Lot Acreage: 0.4497
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1972
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Vinyl, 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: Room
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Dryer, Washer, Microwave, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 657.12

Exterior Features

  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Side By Side
  • Total Parking: 2

Utilities

  • Heating: Radiant
  • Security: Gated, Community

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Gated Community, Conference
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 405.09
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4275-005-112
  • Lot Size Area: 19589

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 16, 2023
Sold by
Bhora Naveen R and Bhora Faizullah
Bought by
Kothur Family Trust
Seller's Agent
Scott Walker
Compass
Buyer's Agent
John Capiro
Compass
List Price
$895,000
Sold Price
$950,000
Premium/Discount to List
$55,000
6.15%
Views
80
Current Estimated Value
$1,090,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,378
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
May 14, 2007
Sold by
Bhora Faiz Y and Bhora Naveen R
Bought by
Bhora Naveen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,750
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 2004
Sold by
Jordan Wood Carolyn
Bought by
Rahman Naveen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Tsao Michael
Bought by
Jordan Wood Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.54%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Wissner Peter A
Bought by
Tsao Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,050
Interest Rate
8.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kothur Family Trust $950,000 Lawyers Title
Bhora Naveen R -- Lawyers Title
Bhora Naveen R -- Accommodation
Rahman Naveen M $555,500 Chicago Title Co
Jordan Wood Carolyn $375,000 Fidelity
Tsao Michael $166,945 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhora Naveen R $211,750
Previous Owner Rahman Naveen M $439,000
Previous Owner Jordan Wood Carolyn $318,750
Previous Owner Tsao Michael $150,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $950,000 0.0% $698 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/09/2023 05/09/23 Off Market $950,000 -- --
04/28/2023 04/28/23 For Sale $895,000 -- $657 / 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 $11,820 $988,380 $416,160 $572,220
2024 $11,820 $969,000 $408,000 $561,000
2023 $9,293 $759,119 $676,451 $82,668
2022 $9,167 $744,236 $663,188 $81,048
2021 $8,927 $729,644 $650,185 $79,459
2019 $7,826 $628,000 $560,000 $68,000
2018 $7,061 $588,000 $524,000 $64,000
2016 $5,514 $452,300 $403,000 $49,300
2015 $5,516 $452,300 $403,000 $49,300
2014 $6,550 $540,000 $481,200 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Scott Walker

    Seller's Agent in 2023

    Scott Walker

    Compass

    (310) 709-6807

    1 in this area

    49 Total Sales

    Scott Walker
    Section Image
  • Meghan Fitzgerald

    Seller Co-Listing Agent in 2023

    Meghan Fitzgerald

    Compass

    (310) 482-2200

    1 in this area

    77 Total Sales

    Meghan Fitzgerald
    Section Image
  • John Capiro

    Buyer's Agent in 2023

    John Capiro

    Compass

    (310) 391-4544

    2 in this area

    41 Total Sales

    John Capiro
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-264671

The MLS

APN: 4275-005-112

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

2308 Schader Dr Unit 215, Santa Monica, CA

This home is located at 2308 Schader Dr Unit 215, Santa Monica, CA 90404 since 28 April 2023 and is currently estimated at $1,090,378, approximately $800 per square foot. This property was built in 1972. 2308 Schader Dr Unit 215 is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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