NOT LISTED FOR SALE

2940 Neilson Way Unit 209 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,366,608 - $1,651,000

2 Beds
2 Baths
1,352 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $1,190,000 $880 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,699/month

About This Home

As of July 2019

One of a kind, large corner unit in prestigious Sea Colony II. Facing north and quietly located, this 2 BR 2 BA has been beautifully renovated and is ready for immediate move-in. Enter the front door into this serene setting by the beach. The beautiful new kitchen is appointed with stainless steel appliances, new tiled floors + quartz counters. Kitchen is open to dining and living area, with fireplace featuring new travertine surround, and access to the large patio-perfectly suited for dining, and lounging. Privately situated Master suite with walk-in closet. Both master + guest bathrooms feature high-end finishes, glass shower, and vanities. New washer+dryer in laundry. Step out the front door, and take advantage of a well-appointed gym, 3 spas, yoga room, and the pool. Unit also comes with private storage space. Full service bldg+24 hr security. Located a block away from all that Main Street and Rose Ave have to offer! Live in your dream home by the beach! *Rooms virtually staged.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Jun 19, 2019
Sold by
Levine Michael
Bought by
Butterworth Margreth C
Seller's Agent
Nancy Pelegrino
Pelegrino Properties
Buyer's Agent
Alexandra Kerr
Compass
List Price
$1,300,000
Sold Price
$1,190,000
Premium/Discount to List
-$110,000
-8.46%
Current Estimated Value
$1,499,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,402
Avg. Annual Appreciation
4.03%
Original Mortgage
$833,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 1, 2006
Sold by
Mclaughlin Corinne and The Mclaughlin Family Trust
Bought by
Levine Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Butterworth Margreth C $1,190,000 Fidelity National Title
Levine Michael $799,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butterworth Margreth C $800,000
Closed Butterworth Margreth C $833,000
Previous Owner Levine Michael $374,000
Previous Owner Levine Michael $395,000
Previous Owner Levine Michael $100,000
Previous Owner Levine Michael $639,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Rented $6,500 0.0% --
01/10/2020 01/10/20 For Rent $6,500 0.0% --
07/30/2019 07/30/19 Sold $1,190,000 -0.4% $880 / Sq Ft
05/25/2019 05/25/19 Price Changed $1,195,000 0.0% $884 / Sq Ft
05/06/2019 05/06/19 Rented $4,950 -5.7% --
04/21/2019 04/21/19 Price Changed $5,250 0.0% $4 / Sq Ft
04/20/2019 04/20/19 Price Changed $1,250,000 0.0% $925 / Sq Ft
04/20/2019 04/20/19 For Rent $4,950 0.0% --
02/02/2019 02/02/19 For Sale $1,300,000 -- $962 / 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
2024 $15,388 $1,275,916 $957,367 $318,549
2023 $14,644 $1,250,899 $938,596 $312,303
2022 $14,948 $1,226,373 $920,193 $306,180
2021 $14,573 $1,202,327 $902,150 $300,177
2019 $12,112 $978,818 $704,899 $273,919
2018 $11,409 $959,627 $691,078 $268,549
2016 $10,989 $922,366 $664,244 $258,122
2015 $10,846 $908,512 $654,267 $254,245
2014 $9,554 $791,000 $569,700 $221,300
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Kerr

    Seller's Agent in 2020

    Alexandra Kerr

    Compass

    (310) 795-1440

    4 in this area

    49 Total Sales

    Alexandra Kerr
    Section Image
  • Nancy Pelegrino

    Seller's Agent in 2019

    Nancy Pelegrino

    Pelegrino Properties

    (310) 245-9790

    11 Total Sales

    Nancy Pelegrino
    Section Image
  • Darla Pacheco

    Seller Co-Listing Agent in 2019

    Darla Pacheco

    Pelegrino Properties

    (310) 985-6110

    2 Total Sales

    Darla Pacheco
    Section Image
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Map

California Los Angeles County Santa Monica 90405 Ocean Park

2940 Neilson Way Unit 209, Santa Monica, CA

This home is located at 2940 Neilson Way Unit 209, Santa Monica, CA 90405 and is currently estimated at $1,499,402, approximately $1,109 per square foot. 2940 Neilson Way Unit 209 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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