NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,046,000

2 Beds
1 Bath
777 Sq Ft
$540/mo HOA Fee

Last Sold April 08, 2024

Last sale price $1,050,000 $1,351 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,747/month

5 Days on Market

Highlights

  • Skyline View
  • 0.28 Acre Lot
  • Balcony
  • John Muir Elementary School Rated A
  • Wood Flooring
  • Open Patio

About This Home

As of April 2024

Live just 5 blocks from the beach and go to sleep with the sound of the waves crashing in this beautiful home where light floods every room from dusk til dawn. The neighborhood is silent and calm and if you want to park your car on the weekend and not have to drive until Monday this is your spot. Main Street is just 4 blocks away filled with local shops and restaurants. The beach path takes you to either Malibu or Manhattan Beach, choose a new adventure each weekend. Highly walkable with Abott Kinney, Main St, SM Pier, and Promenade all within 10-20 minutes. Two spacious bedrooms with large California closets, one with your in-unit laundry, and a completely remodeled bathroom with a waterfall shower to top it off. Off of the newly painted kitchen with new appliances, you face the sun-drenched patio which is perfect for reading, hanging, and enjoying the beautiful weather. You don't have to worry much about rain or earthquakes knowing that 5 owners just split and paid off a brand new roof costing 50K and Earthquake retrofitting was completed two years ago. The most charming neighborhood Ocean Park is waiting for you to call it home.

Last Agent to Sell the Property

Shannon Scavo

MAISONRE License #02127388 Listed on: 03/21/2024

Co-Listed By

Bryony Atkinson

MAISONRE License #01737362

Last Buyer's Agent

John Sweeney

First Team Real Estate License #02115607

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,330

Year Built

  • Built in 1965

Lot Details

  • 0.28

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • Bungalow

Interior Spaces

  • 777 Sq Ft Home
  • 2-Story Property
  • Skyline Views
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4287-014-053

Community Details

Overview

  • 10 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,330

Year Built

Built in 1965

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Twim Palms
  • Entry Floor: 2
  • Living Area: 777
  • Lot Acreage: 0.2759
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1965
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1280.00

Exterior Features

  • Balcony: yes
  • Other Features: Balcony
  • Pool: No
  • View: Skyline
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Heating: Natural Gas

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 540.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4287-014-053
  • Lot Size Area: 12017

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Mar 29, 2024
Sold by
Brown Henry
Bought by
Muhonen Morgan
Seller's Agent
Shannon Scavo
MAISONRE
Buyer's Agent
John Sweeney
First Team Real Estate
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Views
39
Current Estimated Value
$981,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,718
Avg. Annual Appreciation
-4.82%
Original Mortgage
$600,000
Outstanding Balance
$571,076
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$410,206

Purchase Details

Closed on
Jul 14, 2016
Sold by
Swartz Jason W
Bought by
Brown Henry

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
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2016
Sold by
Swartz Jason W
Bought by
Swartz Jason W and The Jason W Swartz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2016
Sold by
Swartz Brooke
Bought by
Swartz Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Swartz Jason W
Bought by
Swartz Jason W and The Jason W Swartz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,225
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Swartz Jason W
Bought by
Swartz Jason W and The Jason W Swartz Trust

Purchase Details

Closed on
Jan 23, 2002
Sold by
Derose Kathryn Pitkin and Pitkin Kathryn
Bought by
Swartz Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
7.13%

Purchase Details

Closed on
Jul 7, 1995
Sold by
Saint Johns Fcu
Bought by
Pitkin Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
7.62%

Purchase Details

Closed on
Jan 16, 1995
Sold by
Konstantakopoulous Stavros and Konstantakopoulous Aglaia
Bought by
Saint Johns Fcu
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
Muhonen Morgan $1,050,000 Provident Title Company
Brown Henry $737,000 Fidelity Sherman Oaks
Swartz Jason W -- Fidelity Sherman Oaks
Swartz Jason W -- None Available
Swartz Jason W -- None Available
Swartz Jason W -- None Available
Swartz Jason W -- None Available
Swartz Jason W -- None Available
Swartz Jason W -- None Available
Swartz Jason W -- None Available
Swartz Jason W $297,000 Equity Title
Pitkin Kathryn $143,500 Chicago Title Co
Saint Johns Fcu $30,310 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhonen Morgan $600,000
Previous Owner Brown Henry $417,000
Previous Owner Swartz Jason W $487,500
Previous Owner Swartz Jason W $424,225
Previous Owner Swartz Jason W $420,000
Previous Owner Swartz Jason W $100,050
Previous Owner Swartz Jason W $255,000
Previous Owner Swartz Jason W $250,500
Previous Owner Swartz Jason W $82,000
Previous Owner Swartz Jason W $81,000
Previous Owner Swartz Jason W $237,600
Previous Owner Pitkin Kathryn $143,500
Closed Swartz Jason W $59,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $1,050,000 +5.5% $1,351 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $995,000 +35.0% $1,281 / Sq Ft
09/21/2016 09/21/16 Sold $737,000 +1.1% $949 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $729,000 -- $938 / 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 $10,330 $1,071,000 $642,600 $428,400
2024 $10,330 $838,575 $670,862 $167,713
2023 $10,162 $822,133 $657,708 $164,425
2022 $10,026 $806,013 $644,812 $161,201
2021 $9,767 $790,210 $632,169 $158,041
2019 $9,597 $766,773 $613,419 $153,354
2018 $9,036 $751,740 $601,392 $150,348
2016 $4,627 $370,625 $296,503 $74,122
2015 $4,563 $365,059 $292,050 $73,009
2014 $4,508 $357,909 $286,330 $71,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-371703

The MLS

APN: 4287-014-053