NOT LISTED FOR SALE

2311 4th St Unit 109 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $967,000 - $1,202,000

2 Beds
1.5 Baths
976 Sq Ft
$288/mo HOA Fee

Last Sold June 29, 2020

Last sale price $969,000 $993 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,899/month

146 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • John Muir Elementary School Rated A
  • Automatic Gate
  • 1-minute walk to Hotchkiss Park

About This Home

As of June 2020

Price Reduced $30,000 and move-in ready!! Vacant and easy to show. This stunning 2 BR, 1.5 BA Ocean Park condo is fully remodeled and features oil rubbed European oak floors, Restoration Hardware and Rejuvenation lighting, expanded kitchen with Liebherr fridge, Bertazzoni dual range/oven, instant hot water faucet and cold-water filtration system. The bedrooms are large and the closets are fully built out, with an additional spacious walk-in closet in the master. The bathrooms include Restoration Hardware vanities, mirrors, fixtures and Walker Zanger Carrera marble subway tile. There is even a small private courtyard patio with a gate leading directly to the pool. Also, 2 covered parking spaces with extra storage and a level 1 electric car charger in a gated garage. Finally, the building has a pool, gym, new roof, low HOA dues and strong reserve funds. The seismic retrofit work has also been completed for the building. Plus, you can't beat the location: Walk Score of 95!

Last Agent to Sell the Property

Kristen Parks

Douglas Elliman of California, Inc. License #01501796 Listed on: 01/17/2020

Douglas Elliman of California, Inc.

Last Buyer's Agent

Jesper Inglis

Coldwell Banker Realty License #01259756

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,617

Year Built

  • Built in 1967

Lot Details

  • 0.96

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 976 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Courtyard Views
  • Window Bars

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch

Additional Features

  • Gated Home
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4289-007-047

Community Details

Overview

  • Association fees include earthquake insurance, maintenance paid, sewer, trash, water
  • 61 Units

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,617

Year Built

Built in 1967

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 2311 4th St HOA
  • Entry Floor: 1
  • Living Area: 976
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1967
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Marble, Wood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 992.83

Exterior Features

  • Balcony: Courtyard
  • Tennis Court Y/N: No
  • Patio: Tile
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Auto Driveway Gate, Community Garage, Covered Parking, Gated, Tandem
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 1
  • Heating: Wall Gas
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector, Window Bars

Association/Amenities

  • Amenities: Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Maintenance Paid, Sewer, Trash, Water
  • HOA Fees: 288.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4289-007-047
  • Geocode Override: No
  • Lot Size Area: 41620

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Banner Marci Lee
Bought by
Banner Marci Lee
Current Estimated Value
$1,043,576

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jun 22, 2020
Sold by
Negus Kristen Parks and Negus Wesley L
Bought by
Banner Marci Lee
Seller's Agent
Kristen Parks
Douglas Elliman of California, Inc.
Buyer's Agent
Jesper Inglis
Coldwell Banker Realty
List Price
$999,000
Sold Price
$969,000
Premium/Discount to List
-$30,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Richane Theodore Robert and Richane Amber Lynn Giacomelli
Bought by
Negus Wesley L and Negus Kristen Parks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2014
Sold by
Richane Amber Lynn Giacomelli and Richane Theodore Robert
Bought by
Richane Theodore Robert and Richane Amber Lynn Giacomelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2008
Sold by
Ling Chien Hsiung and Ling Shiah Ling
Bought by
Richane Amber Lynn Giacomelli and Richane Theodore Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2008
Sold by
Ling Chien Hsiung
Bought by
Ling Chien Hsiung and Ling Shiah Ling

Purchase Details

Closed on
Aug 14, 2000
Sold by
Chen Shou Fan and Liang Chang Sheng
Bought by
Ling Chien Hsiung
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
Banner Marci Lee -- None Available
Banner Marci Lee $969,000 Stewart Title
Negus Wesley L $700,000 Lawyers Title Company
Richane Theodore Robert -- None Available
Richane Amber Lynn Giacomelli $490,000 Equity Title Los Angeles
Ling Chien Hsiung -- None Available
Ling Chien Hsiung $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Negus Wesley L $625,500
Previous Owner Negus Wesley L $625,500
Previous Owner Richane Theodore Robert $90,800
Previous Owner Richane Amber Lynn Giacomelli $399,000
Previous Owner Richane Amber Lynn Giacomelli $402,000
Previous Owner Richane Amber Lynn Giacomelli $416,500
Previous Owner Ling Chien Hsiung $350,000
Previous Owner Ling Chien Hsiung $250,000
Previous Owner Ling Chien Hsiung $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $969,000 0.0% $993 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $969,000 -3.0% $993 / Sq Ft
01/17/2020 01/17/20 For Sale $999,000 -- $1,024 / 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 $12,617 $1,059,738 $847,792 $211,946
2024 $12,617 $1,038,960 $831,169 $207,791
2023 $12,412 $1,018,589 $814,872 $203,717
2022 $12,251 $998,618 $798,895 $199,723
2021 $11,941 $979,038 $783,231 $195,807
2020 $9,529 $769,251 $611,117 $158,134
2019 $9,428 $754,169 $599,135 $155,034
2018 $8,881 $739,383 $587,388 $151,995
2016 $8,552 $710,674 $564,580 $146,094
2015 $6,367 $525,022 $382,196 $142,826
2014 $6,284 $514,739 $374,710 $140,029
Source: Public Records

Agents Affiliated with this Home

  • Kristen Parks

    Seller's Agent in 2020

    Kristen Parks

    Douglas Elliman of California, Inc.

    (310) 562-5647

    1 in this area

    4 Total Sales

    Kristen Parks
    Section Image
  • Jesper Inglis

    Buyer's Agent in 2020

    Jesper Inglis

    Coldwell Banker Realty

    (310) 863-3034

    7 Total Sales

    Jesper Inglis
    Section Image
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Map

Source: The MLS

MLS Number: 20-545248

The MLS

APN: 4289-007-047

California Los Angeles County Santa Monica 90405 Ocean Park

2311 4th St Unit 109, Santa Monica, CA

This home is located at 2311 4th St Unit 109, Santa Monica, CA 90405 since 17 January 2020 and is currently estimated at $1,043,576, approximately $1,069 per square foot. This property was built in 1967. 2311 4th St Unit 109 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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