NOT LISTED FOR SALE

Estimated Value: $517,645 - $590,000

1 Bed
1 Bath
672 Sq Ft
$378/mo HOA Fee

Last Sold March 27, 2020

Last sale price $440,000 $655 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,724/month

79 Days on Market

Highlights

  • Heated Pool
  • 0.76 Acre Lot
  • Outdoor Cooking Area
  • Woodrow Wilson High School Rated A
  • Sauna
  • 2-minute walk to Bluff Park

About This Home

As of March 2020

A wonderful opportunity to live in the elegant Versailles, on Ocean Boulevard, and be just across the street from the beach and a 7 mile bike/walking path. Nestled in Bluff Park, this condominium is conveniently located between Belmont Shore and downtown. This one bedroom home is east facing (morning Sun) and has been beautifully upgraded. From the custom stone counter tops to the custom kitchen built-ins to the direct access patio that provides ocean views, this home provides so very much.

The Versailles offers its residents a number of amenities including a pool, spa and barbecue area as well as a dry sauna. There is deeded underground parking with additional storage.

This beautiful Versailles condominium is a joy and patiently waiting for its next happy owner.

Last Agent to Sell the Property

Karin McGinley

Home Smart Realty Group License #01752689 Listed on: 12/15/2019

Home Smart Realty Group

Co-Listed By

Neil Schneider

Home Smart Realty Group License #01911418

Last Buyer's Agent

Amy Sims

Coldwell Banker Realty License #01526302

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 0.76

HOA Fees

  • $378 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Security Lights
  • Closed Circuit Camera

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Heated Pool
  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25946
  • Assessor Parcel Number 7264023029

Community Details

Overview

  • 87 Units
  • Versailles Association, Phone Number (310) 294-5370
  • Bali Management HOA

Amenities

  • Outdoor Cooking Area
  • Sauna
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$378 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Versailles (VRS)
  • View: No
  • Zoning: LBR2L
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264023029
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 672.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 654.76
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Outdoor Cooking Area
  • Association Fee: 377.84
  • Association Fee Frequency: Monthly
  • Association Name: Versailles
  • Phone: 310-294-5370
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Bali Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 33042.00
  • Lot Size Acres: 0.7585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33042.0000 Square Feet
  • Number Of Units In Community: 87
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5767.00
  • Tax Lot: 1
  • Tax Tract Number: 25946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2019
Closed on
Mar 9, 2020
Sold by
Sullivan Julia M and Ellison Jane A
Bought by
Leach Richard Alan and Leach Kathleen Marie
Seller's Agent
Karin McGinley
Home Smart Realty Group
Buyer's Agent
Amy Sims
Coldwell Banker Realty
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%
Current Estimated Value
$543,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,161
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Aug 31, 2005
Sold by
Sullivan Mary H
Bought by
Sullivan Mary H and Sullivan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leach Richard Alan $440,000 Chicago Title Company
Sullivan Mary H -- Chicago Title Co
Sullivan Mary H -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Mary H $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $440,000 -4.1% $655 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $458,750 -2.2% $683 / Sq Ft
12/15/2019 12/15/19 For Sale $469,000 -- $698 / 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 $6,071 $481,199 $319,451 $161,748
2024 $6,071 $471,765 $313,188 $158,577
2023 $5,968 $462,516 $307,048 $155,468
2022 $5,598 $453,448 $301,028 $152,420
2021 $5,406 $444,558 $295,126 $149,432
2020 $2,630 $209,997 $83,995 $126,002
2019 $2,597 $205,881 $82,349 $123,532
2018 $2,538 $201,845 $80,735 $121,110
2016 $2,334 $194,008 $77,600 $116,408
2015 $2,240 $191,095 $76,435 $114,660
2014 $2,227 $187,352 $74,938 $112,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19282307

California Regional Multiple Listing Service (CRMLS)

APN: 7264-023-029