NOT LISTED FOR SALE

2817 3rd St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,547,000

5 Beds
5 Baths
2,600 Sq Ft
$595/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $3,000,000 $1,154 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $9,976/month

91 Days on Market

About This Home

As of September 2017

4 HOMES ON AN ELEVATED IN OCEAN PARK.Vintage Home and 3 separate bungalows. Perfect for family Compound or work from home professionals. Bright and breezy charm filled interiors throughout with remodeled kitchens and bathrooms. Tasteful blend of contemporary upgrades and original period detailing. Main house has 2 en suite bedrooms and separate office with sundeck. Private rear patio yard and access to garage for storage and laundry. Main house also has fenced front yard and driveway. Additional attic bonus room and basement storage room with window. Ocean views from all 4 components. Very unique property superbly located on Ocean Park's 3rd Street. An easy stroll to trendy Main St.coffee houses,cafes,boutiques and The Sunday Farmer's Market. Leave your car at home and enjoy life at the beach.Owner very motivated to sell.

Last Agent to Sell the Property

Peter Mullins

PETER D MULLINS License #00973691 Listed on: 03/10/2017

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $56,203

Year Built

  • Built in 1922

Lot Details

  • 6,376 Sq Ft Lot

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-022-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,203

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2600
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher
  • Price Per S Q F T: 1153.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Combination
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 131598
  • Assessed Land Value: 855420
  • Assessor Parcel Number: 4287-022-014
  • Geocode Override: No
  • Lot Size Area: 6376

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 22.60
  • Number Of Units: 4
  • Total Annual Expense: 6000
  • Type Of Units: bungalow
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Herrin Beryl
Bought by
Skolnick Rachel and Brown Adam
Current Estimated Value
$1,547,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$763,066
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$783,934

Purchase Details

Closed on
Nov 23, 2020
Sold by
Reeves Larkin B and Reeves Grace A
Bought by
2817 Third Street Llc

Purchase Details

Closed on
Sep 17, 2020
Sold by
Reeves Larkin B and Reeves Grace A
Bought by
Metcalfe Robert and Huguet Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Reeves Larkin B and Reeves Donors Grace
Bought by
Herrin Beryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,179
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2020
Sold by
Reeves Larkin B and Reeves Grace A
Bought by
Mone Robert S and Mone Gayle G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,179
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jul 12, 2017
Sold by
Golay Kecia
Bought by
Reeves Reeves Larkin B Larkin B and Reeves Donors Grace A
Seller's Agent
Peter Mullins
PETER D MULLINS
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.01%
Original Mortgage
$3,246,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2006
Sold by
Golay Helen
Bought by
Golay Kecia

Purchase Details

Closed on
Dec 13, 2002
Sold by
Golay Kecia
Bought by
Golay Helen

Purchase Details

Closed on
Mar 1, 2000
Sold by
Wilkes Kenneth R and Wilkes Declaration T Kenneth R
Bought by
Golay Helen and Golay Kecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
8.34%

Purchase Details

Closed on
Oct 25, 1999
Sold by
Wilkes Kenneth R
Bought by
Wilkes Kenneth R and Harison Wilkes Ellen

Purchase Details

Closed on
Dec 29, 1994
Sold by
Roten Jack R
Bought by
Wilkes Kenneth R
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
Skolnick Rachel $1,549,000 First American Title Company O
2817 Third Street Llc $1,500,000 First American Title Company
Metcalfe Robert $1,100,000 First American Title Company
Herrin Beryl $1,450,000 First American Title Company
Mone Robert S $1,440,000 First American Title Company
Reeves Reeves Larkin B Larkin B $3,015,000 Priority Title
Golay Kecia -- None Available
Golay Helen -- --
Golay Helen $750,000 Equity Title Company
Wilkes Kenneth R -- --
Wilkes Kenneth R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skolnick Rachel $800,000
Previous Owner Metcalfe Robert $690,000
Previous Owner Metcalfe Robert $300,000
Previous Owner Herrin Beryl $1,310,179
Previous Owner Mone Robert S $1,152,000
Previous Owner Reeves Reeves Larkin B Larkin B $3,246,000
Previous Owner Golay Kecia $435,000
Previous Owner Golay Kecia $350,000
Previous Owner Golay Kecia $200,000
Previous Owner Golay Helen $100,000
Previous Owner Golay Helen $592,000
Previous Owner Golay Helen $562,500
Closed Golay Helen $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $3,000,000 0.0% $1,154 / Sq Ft
04/10/2017 04/10/17 Price Changed $3,000,000 -6.1% $1,154 / Sq Ft
03/10/2017 03/10/17 For Sale $3,195,000 -- $1,229 / 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 $56,203 $4,872,953 $3,582,593 $1,290,360
2024 $56,203 $4,777,406 $3,512,347 $1,265,059
2023 $55,388 $4,683,732 $3,443,478 $1,240,254
2022 $45,826 $3,828,502 $2,879,803 $948,699
2021 $44,730 $3,753,435 $2,823,337 $930,098
2020 $37,630 $3,136,806 $2,408,526 $728,280
2019 $37,259 $3,075,300 $2,361,300 $714,000
2018 $35,003 $3,015,000 $2,315,000 $700,000
2016 $12,135 $1,002,069 $868,465 $133,604
2015 $11,975 $987,018 $855,420 $131,598
2014 $11,830 $967,685 $838,664 $129,021
Source: Public Records

Agents Affiliated with this Home

  • Peter Mullins

    Seller's Agent in 2017

    Peter Mullins

    PETER D MULLINS

    (310) 882-0758

    4 in this area

    20 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 17-210004

The MLS

APN: 4287-022-014

California Los Angeles County Santa Monica 90405 Ocean Park

2817 3rd St, Santa Monica, CA

This home is located at 2817 3rd St, Santa Monica, CA 90405 since 10 March 2017 and is currently estimated at $1,547,000, approximately $595 per square foot. This property was built in 1922. 2817 3rd St is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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