NOT LISTED FOR SALE

2940 Neilson Way Unit 201 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,513,437 - $2,008,000

2 Beds
2 Baths
1,305 Sq Ft
$962/mo HOA Fee

Last Sold March 05, 2019

Last sale price $1,400,000 $1,073 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,811/month

6 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Parking
  • John Muir Elementary School Rated A
  • In Ground Pool
  • 3-minute walk to South Beach Park

About This Home

As of March 2019

Top floor, corner unit located in Sea Colony II. Even though this is a 2nd floor unit, this 2 bed/2 bath is situated in a part of the complex that doesn't have any units above, or next to it, which adds a tremendous amount of value and privacy. The unit features a spacious master bedroom with an ensuite bathroom equipped with a two-sided shower with a sky-light, dual sink vanity, and a large walk-in closet. Other amenities include an in unit washer and dryer, dishwasher, fridge, oven, central AC/heating, fireplace, California shutters, wood floors and a large, spacious balcony with room for a BBQ and an outdoor dining space. The unit comes with two, side-by-side gated parking spaces that are right next to the elevator. A spacious underground storage unit also comes with the condominium. The complex has 24 hour security, three hot tubs, sauna, pool overlooking the ocean, full gym and yoga room, ample guest parking, and a private walkway that takes you directly to the beach.

Last Agent to Sell the Property

Wheeler Coberly

Compass License #01396072 Listed on: 01/31/2019

Compass

Co-Listed By

Carley Werts

Compass License #01994799

Last Buyer's Agent

Kim Orchen Cooper

Compass License #01933295

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,325

Year Built

  • Built in 1980

Lot Details

  • 3.08

HOA Fees

  • $962 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,305 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Views of Woods

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4288-020-145

Community Details

Overview

  • 144 Units
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Card Room
  • Elevator
  • Community Storage Space

Recreation

  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,325

Year Built

Built in 1980

Lot Details

0

HOA Fees

$962 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Sea Colony II
  • Entry Floor: 2
  • Living Area: 1305
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1980
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1111.11

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Gated, Parking for Guests, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Biking Trails, Billiard Room, Bocce Ball Court, Card Room, Controlled Access, Elevator, Exercise Room, Extra Storage, Gated Community, Gated Community Guard, Gated Parking, Guest Parking, Onsite Property Management, Pool, Sauna, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 962.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4288-020-145
  • Geocode Override: No
  • Lot Size Area: 134111

Multi Family

  • Number Of Units: 144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 21, 2019
Sold by
Hlynsky Peter and Vaughen Erin Susan
Bought by
Cranston Harold D and Baker Vicki F
Seller's Agent
Wheeler Coberly
Compass
Buyer's Agent
Kim Orchen Cooper
Compass
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Total Days on Market
6
Current Estimated Value
$1,660,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,609
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Mar 29, 2010
Sold by
Morrow Andrew R
Bought by
Hlynsky Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,125
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Morrow Andrew R
Bought by
Morrow Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Keledjian Edward James
Bought by
Morrow Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2001
Sold by
Roeder Richard K
Bought by
Keledjian Edward James and Edward James Keledjian Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 16, 1988
Sold by
Roeder Gloria M
Bought by
Roeder Richard K
Source: Public Records

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Range of Values:

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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
Cranston Harold D $1,400,000 Progressive Title Co
Hlynsky Peter $785,500 Equity Title
Morrow Andrew R -- Fidelity National Title Co
Morrow Andrew R $795,000 Equity Title Company
Keledjian Edward James $490,000 Equity Title Company
Roeder Richard K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hlynsky Peter $563,200
Previous Owner Hlynsky Peter $589,125
Previous Owner Morrow Andrew R $600,000
Previous Owner Morrow Andrew R $636,000
Previous Owner Keledjian Edward James $412,000
Previous Owner Keledjian Edward James $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $1,400,000 -3.4% $1,073 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $1,450,000 -- $1,111 / 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
2024 $18,325 $1,531,101 $820,233 $710,868
2023 $18,031 $1,501,080 $804,150 $696,930
2022 $17,805 $1,471,648 $788,383 $683,265
2021 $17,365 $1,442,793 $772,925 $669,868
2019 $5,555 $908,936 $624,396 $284,540
2018 $10,631 $891,114 $612,153 $278,961
2016 $10,239 $856,513 $588,383 $268,130
2015 $10,105 $843,648 $579,545 $264,103
2014 $9,965 $827,123 $568,193 $258,930
Source: Public Records

Agents Affiliated with this Home

  • Wheeler Coberly

    Seller's Agent in 2019

    Wheeler Coberly

    Compass

    (310) 351-6234

    2 in this area

    71 Total Sales

    Wheeler Coberly
    Section Image
  • Carley Werts

    Seller Co-Listing Agent in 2019

    Carley Werts

    Compass

    (805) 680-6543

    36 Total Sales

    Carley Werts
    Section Image
  • Kim Orchen Cooper

    Buyer's Agent in 2019

    Kim Orchen Cooper

    Compass

    (310) 562-2814

    1 in this area

    22 Total Sales

    Kim Orchen Cooper
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-429738

The MLS

APN: 4288-020-145

California Los Angeles County Santa Monica 90405 Ocean Park

2940 Neilson Way Unit 201, Santa Monica, CA

This home is located at 2940 Neilson Way Unit 201, Santa Monica, CA 90405 since 31 January 2019 and is currently estimated at $1,660,609, approximately $1,272 per square foot. This property was built in 1980. 2940 Neilson Way Unit 201 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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