2940 Neilson Way Unit 209 Santa Monica, CA 90405
Ocean Park Neighborhood
2
Beds
2
Baths
1,352
Sq Ft
$925/mo
HOA Fee
Highlights
- Fitness Center
- 24-Hour Security
- Gated Community
- John Muir Elementary School Rated A
- Heated In Ground Pool
- 3-minute walk to South Beach Park
About This Home
As of July 2019THIS CONDO HAS BEEN RENEWED AND FEELS INSTANTLY LIKE HOME. LIGHT AND BRIGHT WITH A WARM AND INVITING PATIO THAT IS BOTH PRIVATE AND SERENE. WONDERFUL LOCATION THAT IS CLOSE TO MAIN STREET AND THE OCEAN. THE HOA HAS INFORMED US IN WRITING THAT THE SQUARE FOOTAGE OF THIS UNIT IS 1420 SQ'. THE UNIT HAS BEEN LEASED. I NEED TWENTY-FOUR NOTICE TO SHOW.
Last Agent to Sell the Property
Pelegrino Properties License #00981527 Listed on: 02/02/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,388
Year Built
- Built in 1980
HOA Fees
- $925 Monthly HOA Fees
Home Design
- Contemporary Architecture
Interior Spaces
- 1,352 Sq Ft Home
- Wood Burning Fireplace
- Entryway
- Living Room with Fireplace
- Dining Area
- Wood Flooring
- Park or Greenbelt Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Garage
- Garage Door Opener
- Assigned Parking
- Controlled Entrance
Outdoor Features
- Heated In Ground Pool
- Open Patio
Utilities
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4288-020-153
Community Details
Overview
- 64 Units
Amenities
- Meeting Room
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Controlled Access
- Gated Community
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,011
Avg. Annual Appreciation
3.52%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,190,000 | Fidelity National Title | |
| Grant Deed | $799,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Closed | $833,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $374,000 | New Conventional | |
| Previous Owner | $395,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $639,200 | Fannie Mae Freddie Mac |
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 |
Source: The MLS
Tax History Compared to Growth
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 | $15,388 | $1,301,433 | $976,514 | $324,919 |
| 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
-
Seller's Agent in 2020
Alexandra Kerr
Compass
(310) 795-1440
4 in this area
49 Total Sales
-
Seller's Agent in 2019
Nancy Pelegrino
Pelegrino Properties
(310) 245-9790
11 Total Sales
-
Seller Co-Listing Agent in 2019
Darla Pacheco
Pelegrino Properties
(310) 985-6110
2 Total Sales
Map
Source: The MLS
MLS Number: 19-430502
APN: 4288-020-153
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