NOT LISTED FOR SALE

2516 Virginia Ave Unit E Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $766,000 - $1,148,000

3 Beds
2 Baths
1,160 Sq Ft
$325/mo HOA Fee

Last Sold February 25, 2022

Last sale price $820,000 $707 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,755/month

13 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Contemporary Architecture
  • Edison Language Academy Rated A
  • 0.35 Acre Lot
  • Wood Flooring

About This Home

As of February 2022

Stunningly updated 3 Bed/2BA Luxury End-Unit Townhome with its own entrance and large, private outdoor patio; located within a gated community in an A+ and very walkable Santa Monica location; close proximity to the highly coveted blue-ribbon elementary school, Edison Language Academy. This fabulous, ample-sized townhouse is flooded with natural light & features a highly efficient floor plan w/ sizeable living room & a large open kitchen w/ granite countertops, stainless steel appliances, a kitchen island & a breakfast area. An entertainer's delight, this townhome is all about indoor/outdoor flow w/ a large outdoor patio perfect for relaxing. Unique details & finishes include a skylight, hardwood floors, double pane windows, natural stone flooring & much more. The master suite upstairs is your ideal oasis w/ a spacious walk-in closet & a beautifully remodeled master bathroom featuring double sink vanity w/ modern glass vessel sinks, stone flooring & chic dark-tone cabinets. The second bathroom is also updated w/ new vanity. Two add'l bedrooms could be utilized as an office or a kid's room. The townhouse also features generous storage space, a separate in-unit laundry room w/ washer & dryer, and only has 1 shared wall. Gated, very secure community, low HOA fees & EQ insurance. Parking space has electrical access. Steps to many local parks, restaurants and shops, public library and Saturday Farmers' Market. A few short blocks away from the metro station. This Santa Monica townhouse has it all, and is a must-see!

Last Agent to Sell the Property

Brett Raskin

Compass License #01912796 Listed on: 01/13/2022

Compass

Last Buyer's Agent

Alexandra Hosseini

Cal American Homes License #01928822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,474

Year Built

  • Built in 1959

Lot Details

  • 0.35

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Home Office
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Gated Parking

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 4274-004-076

Community Details

Overview

  • Association fees include earthquake insurance
  • 10 Units

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,474

Year Built

Built in 1959

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 2516 Virginia
  • Entry Floor: 1
  • Living Area: 1160
  • Lot Acreage: 0.3489
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1959
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • 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
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Washer, Dryer, Dishwasher, Range/Oven, Refrigerator, Microwave, Built-Ins, Garbage Disposal, Freezer
  • Price Per S Q F T: 655.17

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport Detached, Gated
  • Total Parking: 1

Utilities

  • Earth Quake Ins: 1
  • Heating: Wall
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community, Extra Storage
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 325.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4274-004-076
  • Lot Size Area: 15197

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 10, 2022
Sold by
Rodriguez Oren M and Rodriguez Emily A
Bought by
Wu Wayne and Contreras Ceila Wu
Seller's Agent
Brett Raskin
Compass
Buyer's Agent
Alexandra Hosseini
Cal American Homes
List Price
$760,000
Sold Price
$820,000
Premium/Discount to List
$60,000
7.89%
Current Estimated Value
$1,019,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,953
Avg. Annual Appreciation
5.11%
Original Mortgage
$779,000
Outstanding Balance
$726,108
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$248,828

Purchase Details

Closed on
Nov 8, 2016
Sold by
Krstic Ivan
Bought by
Rodriguez Oren M and Mankin Emily A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2012
Sold by
Krstic Ivan
Bought by
Krstic Ivan and Knezevic Branka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Aggarwal Ashvini K
Bought by
Krstic Ivan and Laird Olessia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 10, 2000
Sold by
Federal National Mortgage Association
Bought by
Aggarwal Ashvini K and Aggarwal Vibha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
8.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 8, 2000
Sold by
Zamora Manuel
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jan 29, 1999
Sold by
Zamora Manuel
Bought by
C & W Pacific Properties Inc

Purchase Details

Closed on
Sep 21, 1998
Sold by
Richtan Investment Corp
Bought by
Zamora Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.69%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Normandin Raymond A and Normandin Celestin E
Bought by
Richtan Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.01%
Mortgage Type
Stand Alone First
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
Wu Wayne $820,000 Lawyers Title
Rodriguez Oren M $690,000 Ortc
Krstic Ivan -- Title Source
Krstic Ivan $515,000 --
Aggarwal Ashvini K $160,000 Commonwealth Land Title Co
Federal National Mortgage Association -- First American Title Ins Co
Chase Manhattan Mtg Corp $170,591 First American Title Ins Co
C & W Pacific Properties Inc -- --
Zamora Manuel $200,000 First American
Richtan Investment Corp $105,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Wayne $100,000
Open Wu Wayne $779,000
Previous Owner Rodriguez Oren M $619,000
Previous Owner Krstic Ivan $417,000
Previous Owner Krstic Ivan $417,000
Previous Owner Krstic Ivan $140,000
Previous Owner Krstic Ivan $103,000
Previous Owner Krstic Ivan $412,000
Previous Owner Aggarwal Ashvini K $125,721
Previous Owner Aggarwal Ashvini K $125,000
Previous Owner Aggarwal Ashvini K $129,000
Previous Owner Aggarwal Ashvini K $137,500
Previous Owner Aggarwal Ashvini K $128,000
Previous Owner Zamora Manuel $40,000
Previous Owner Zamora Manuel $160,000
Previous Owner Richtan Investment Corp $90,000
Closed Richtan Investment Corp $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $820,000 +7.9% $707 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $760,000 -- $655 / 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 $10,474 $870,189 $696,152 $174,037
2024 $10,474 $853,127 $682,502 $170,625
2023 $10,302 $836,400 $669,120 $167,280
2022 $9,401 $754,613 $603,691 $150,922
2021 $9,152 $739,817 $591,854 $147,963
2019 $8,989 $717,875 $574,300 $143,575
2018 $8,451 $703,800 $563,040 $140,760
2016 $7,281 $594,513 $475,612 $118,901
2015 $7,104 $585,583 $468,468 $117,115
2014 $7,010 $574,113 $459,292 $114,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-118395

The MLS

APN: 4274-004-076