NOT LISTED FOR SALE

Estimated Value: $1,639,000 - $2,253,000

4 Beds
3.5 Baths
2,339 Sq Ft
1,089 Sq Ft Lot

Last Sold September 23, 2020

Last sale price $1,630,000 $697 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,476/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Dining Area
  • Terra Nova High School Rated A-

About This Home

As of September 2020

Just steps from the beach and radiating contemporary sophistication, this 4 BD, 3 ½ BA home offers the perfect blend of luxury, lifestyle and location. Completed in 2017, the home is separated over 3 levels, with 4 balconies, to enjoy both ocean and city views, and glorious Pacific sunsets. The clean, contemporary, open living space is flooded with natural light from the balcony overlooking the ocean. No detail has been missed in the kitchen sleek, white cabinetry, Sub-Zero refrigerator, professional cooktop/oven, stunning counter tops and a large island with seating. Hardwood floors throughout. Each bedroom has its own en-suite and private balcony. The restful master suite and spa-like bathroom lead to a fully customized walk-in closet. This home offers easy access to beach, pier, trails, shopping and restaurants, and a haven of serenity to drift off to the sound of waves. A true gem in a delightful, seaside neighborhood

Last Agent to Sell the Property

Victoria Gangi

Corcoran Global Living License #01341299 Listed on: 08/21/2020

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Year Built

  • 2017

Lot Details

  • 1,089

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,339 Sq Ft Home
  • 3-Story Property
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • 29 Montecito Homeowners Association

Property Details

Home Type

Condominium

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 2339
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2339
  • Stories: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Exist: Yes
  • H O A Name Text: 29 Montecito Homeowners Association

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 8, 2020
Sold by
Silver Joel B and Silver Jill J
Bought by
Nubla Maria L
Seller's Agent
Victoria Gangi
Corcoran Global Living
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,649,000
Sold Price
$1,630,000
Premium/Discount to List
-$19,000
-1.15%
Current Estimated Value
$1,843,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,550
Avg. Annual Appreciation
2.37%
Original Mortgage
$630,000
Outstanding Balance
$557,524
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,286,026

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jul 5, 2018
Sold by
Ammari Naiel M
Bought by
Silver Joel B and Silver Jill J
Seller's Agent
Steven West
Engel & Völkers San Francisco
Buyer's Agent
Steven West
Engel & Völkers San Francisco
List Price
$1,549,000
Sold Price
$1,503,333
Premium/Discount to List
-$45,667
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jan 16, 2018
Sold by
Fakurnejad Reza and Fakurnejad Adeebeh
Bought by
Ammari Naiel M
Seller's Agent
Ciyavash Moazzami
Home Sales Team Inc
Buyer's Agent
Steven West
Engel & Völkers San Francisco
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$1,087,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Nubla Maria L $1,630,000 First American Title Company
Silver Joel B $1,503,500 Old Republic Title Co
Ammari Naiel M $1,450,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nubla Maria L $630,000
Previous Owner Silver Joel B $1,000,000
Previous Owner Ammari Naiel M $1,087,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2020 09/23/20 Sold $1,630,000 -1.2% $697 / Sq Ft
08/21/2020 08/21/20 For Sale $1,649,000 +9.7% $705 / Sq Ft
07/12/2018 07/12/18 Sold $1,503,333 -2.9% $643 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $1,549,000 0.0% $662 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $1,549,000 0.0% $662 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $1,549,000 +6.8% $662 / Sq Ft
01/30/2018 01/30/18 Sold $1,450,000 0.0% $692 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $1,450,000 -- $692 / Sq Ft
Source: MLSListings

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 $21,452 $1,764,361 $529,308 $1,235,053
2023 $21,452 $1,695,851 $508,755 $1,187,096
2022 $19,555 $1,662,600 $498,780 $1,163,820
2021 $19,380 $1,630,000 $489,000 $1,141,000
2020 $19,112 $1,533,399 $459,000 $1,074,399
2019 $18,479 $1,503,333 $450,000 $1,053,333
2018 $11,772 $1,264,178 $241,888 $1,022,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81807260

MLSListings

APN: 117-330-020