NOT LISTED FOR SALE

2940 Neilson Way Unit 201 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,456,000 - $1,779,000

2 Beds
2 Baths
1,305 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold March 05, 2019

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

Est. 14% increase in value since last sale

Current estimated payment $10,882/month

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.

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%
Current Estimated Value
$1,589,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,428
Avg. Annual Appreciation
1.79%

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

Range of Values:

Collateral Analytics

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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
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

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 $18,325 $1,561,722 $836,637 $725,085
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

    68 Total Sales

    Wheeler Coberly
    Section Image
  • Carley Werts

    Seller Co-Listing Agent in 2019

    Carley Werts

    Compass

    (805) 680-6543

    32 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

    23 Total Sales

    Kim Orchen Cooper
    Section Image
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Map

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 and is currently estimated at $1,589,428, approximately $1,217 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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