NOT LISTED FOR SALE

Estimated Value: $561,947 - $779,000

1 Bed
1 Bath
649 Sq Ft
0.76 Acres

Last Sold October 01, 2015

Last sale price $475,000 $732 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,901/month

Highlights

  • Coastline Views
  • Spa
  • Modern Architecture
  • Woodrow Wilson High School Rated A
  • 0.76 Acre Lot
  • 2-minute walk to Bluff Park

About This Home

As of June 2023

Unobstructed Ocean View condo at the elegant Versailles! Enjoy direct views to Catalina from every room. Recently upgraded, this condo offers new flooring, fresh paint, an upgraded bathroom and kitchen and much more. The Versailles is resort living at home. A large pool, a sauna, and barbecues are at your disposal for your leisure time. Free basic cable is provided as well as secure parking with storage. Every floor has its own laundry room. The property has an on-site manager during the week. Beach living at the best!

Last Agent to Rent the Property

Karin McGinley

Home Smart Realty Group License #01752689 Listed on: 06/02/2023

Home Smart Realty Group

Last Renter's Agent

Neil Schneider

Home Smart Realty Group License #01911418

Home Smart Realty Group

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 0.76

Parking

  • 1 Car Attached Garage

Property Views

  • Coastline
  • Bay
  • Catalina

Home Design

  • Modern Architecture
  • Entry on the 5th floor

Interior Spaces

  • 649 Sq Ft Home
  • Sliding Doors
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Laminate Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Mirrored Closets Doors
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Spa
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Security Deposit $2,495
  • Rent includes cable TV
  • 12-Month Minimum Lease Term
  • Available 6/3/23
  • Tax Lot 1
  • Tax Tract Number 25946
  • Assessor Parcel Number 7264023131

Community Details

Overview

  • Property has a Home Owners Association
  • 87 Units
  • Versailles Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $300

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-06-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 2495
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 4990.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Versailles (VRS)
  • View: Yes
  • Zoning: LBR2L
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7264023131
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 649.00 Square Feet
  • Stories: 8
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Ell
  • Entry Level: 5
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.84
  • Room Type: All Bedrooms Down
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: Bay, Catalina, Coastline
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Lot Info

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

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 33042.0000 Square Feet
  • Number Of Units In Community: 87
  • Number Of Units Total: 87
  • Rent Includes: Cable TV

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
Nov 9, 2015
Closed on
Dec 22, 2015
Sold by
Siwabessy Latino P
Bought by
Latino & Heng Koon Siwabessy 2015 Trust
Seller's Agent
Karin McGinley
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Karin McGinley
Berkshire Hathaway H.S.C.P.
Sold Price
$2,100
Current Estimated Value
$633,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,428

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 18, 2015
Sold by
Akdag Vedat M
Bought by
Siwabessy Latino P and Siwabessy Heng Koon
Seller's Agent
Karin McGinley
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Karin McGinley
Berkshire Hathaway H.S.C.P.
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$330,000
Outstanding Balance
$258,301
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$378,186

Purchase Details

Closed on
Jan 18, 2007
Sold by
Akdag Vedat and Akdag Vikki
Bought by
Akdag Vedat M

Purchase Details

Closed on
Nov 16, 2006
Sold by
Miner Clara D
Bought by
Akdag Vedat M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2005
Sold by
Miner David
Bought by
Miner Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2005
Sold by
Mloukhieh Mousa George
Bought by
Miner Clara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Mloukhieh Mousa George and Mloukhieh Mousa Georg
Bought by
Mloukhieh Mousa George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2004
Sold by
Khoury Dawod E
Bought by
Mloukhieh Mousa Georg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2002
Sold by
Khoury Crissaundra J
Bought by
Khoury Dawod E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
6.87%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bono Christy
Bought by
Khoury Dawod E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
6.87%

Purchase Details

Closed on
Apr 11, 2001
Sold by
Heuser Kelli R
Bought by
Bono Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.14%
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
Latino & Heng Koon Siwabessy 2015 Trust -- None Available
Siwabessy Latino P -- None Available
Siwabessy Latino P $475,000 Old Republic Title Company
Akdag Vedat M -- Accommodation
Akdag Vedat M $441,000 Commonwealth
Miner Clara -- First Southwestern Title
Miner Clara D $498,000 First Southwestern Title
Mloukhieh Mousa George -- First Southwestern Title Co
Mloukhieh Mousa George -- Orange Coast Title
Mloukhieh Mousa Georg -- Orange
Khoury Dawod E -- --
Khoury Dawod E $188,000 Lawyers Title Company
Bono Christy $180,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siwabessy Latino P $330,000
Previous Owner Akdag Vedat M $308,000
Previous Owner Miner Clara D $398,400
Previous Owner Mloukhieh Mousa George $270,000
Previous Owner Khoury Dawod E $169,200
Previous Owner Bono Christy $162,000
Closed Miner Clara D $99,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Rented $2,495 0.0% --
06/19/2023 06/19/23 Under Contract -- -- --
06/02/2023 06/02/23 For Rent $2,495 +18.8% --
12/28/2015 12/28/15 Rented $2,100 0.0% --
11/09/2015 11/09/15 For Rent $2,100 0.0% --
10/01/2015 10/01/15 Sold $475,000 -2.9% $732 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $489,000 0.0% $753 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $489,000 0.0% $753 / Sq Ft
07/30/2012 07/30/12 Rented $1,850 0.0% --
07/30/2012 07/30/12 Under Contract -- -- --
07/23/2012 07/23/12 For Rent $1,850 -- --
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 $7,055 $562,296 $409,709 $152,587
2024 $7,055 $551,272 $401,676 $149,596
2023 $6,937 $540,463 $393,800 $146,663
2022 $6,505 $529,867 $386,079 $143,788
2021 $6,380 $519,478 $378,509 $140,969
2019 $6,289 $504,072 $367,283 $136,789
2018 $6,151 $494,189 $360,082 $134,107
2016 $5,663 $475,000 $346,100 $128,900
2015 $3,993 $340,000 $272,000 $68,000
2014 $4,041 $340,000 $272,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23097145

California Regional Multiple Listing Service (CRMLS)

APN: 7264-023-131