$600,000
SOLD FEB 15, 2017
2 Beds
2 Baths
1,510 Sq Ft
0.71 Acres

Recently Sold

$397 Per Sq Ft

10% Below List Price

150 Days on Market

About This Home

As of July 2020

Incredible opportunity in the renowned Galaxy Tower. Mid century architecture with clean lines and ocean views from the newly tiled living, dining, and kitchen areas. With just four units per floor, and no common walls, you are assured the utmost in privacy. Over 1500 square feet of living space smartly designed for maximum enjoyment along with an immense amount of storage and walls of glass in every room. The formal entry leads to the extra spacious living room. Adjacent dining area with wet bar and wine refrigerator is open to the kitchen, with new stainless appliances, quartz counters, undercounter lighting, and mosaic backsplash. The master bedroom has wrap around views, new carpet, closets galore and attached bath with two vanities and newly tiled tub/shower area. The large guest bedroom has new carpet, views, and is adjacent to the hall bath with new tile and shower enclosure. Spacious, light, bright, and move in ready!

Last Agent to Sell the Property

Kent Miller

Keller Williams Luxury Homes License #01893114 Listed on: 08/20/2016

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,074

Year Built

1967

Lot Details

0

Parking

1

Listing Details

  • Active Date: 2016-08-20
  • Full Bathroom: 2
  • Building Size: 1510.0
  • Building Structure Style: Modern, High or Mid-Rise Condo
  • Driving Directions: Ocean Blvd and Orizaba Ave
  • Full Street Address: 2999 E OCEAN
  • Lot Location: Ocean Front, Bluff Front, Ocean Access
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2017-02-15
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 2
  • Total Number of Units: 80
  • View Type: Bluff, Ocean View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1967

Interior Features

  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Shower Over Tub, Shower Stall, Tile
  • Bedroom Features: Master Bedroom
  • Eating Areas: Dining Area
  • Appliances: Range, Built-In Electric, Microwave
  • Advertising Remarks: Incredible opportunity in the renowned Galaxy Tower. Mid century architecture with clean lines and ocean views from the newly tiled living, dining, and kitchen areas. With just four units per floor, and no common walls, you are assured the utmost in pri
  • Total Bedrooms: 2
  • Builders Tract Name: GALAXY TOWER
  • Fireplace: No
  • Levels: One Level
  • Spa: No
  • Interior Amenities: Wet Bar
  • Appliances: Dishwasher, Garbage Disposal, Ice Maker, Refrigerator, Water Line to Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Stone Counters
  • Laundry: Community
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 31015
  • Windows: Drapes/Curtains, Plantation Shutters

Garage/Parking

  • Garage Spaces: 1.0
  • Total Parking Spaces: 1
  • Parking Spaces Total: 1
  • Parking Type: Gated Underground Parking

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Electric
  • Heating Fuel: Radiant
  • Security: Card/Code Access

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Sewer Paid, Trash Paid, Water Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • High Rise: Passenger Elevator, Controlled Access, Entrance Lobby
  • Association Name: Galaxy Tower
  • HOA Fees: 598.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 15, 2020
Sold by
Waters Janet H and Waters Jason M
Bought by
Sadhwani Lokesh Dilip
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%
Current Estimated Value
$991,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,615
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Aug 20, 2016
Closed on
Jan 27, 2017
Sold by
Miller Kent Robert
Bought by
Waters Janet H and Waters Jason M
Seller's Agent
Kent Miller
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$669,000
Sold Price
$600,000
Premium/Discount to List
-$69,000
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 27, 2015
Sold by
Marks Thomas D
Bought by
The Mkm Joint Trust
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kent Miller
Keller Williams Luxury Homes
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%

Purchase Details

Listed on
Jun 6, 2012
Closed on
Oct 22, 2012
Sold by
Marks Thomas D and Marks Elaine
Bought by
Marks Thomas D and Marks Elaine
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
List Price
$534,900
Sold Price
$495,000
Premium/Discount to List
-$39,900
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%

Purchase Details

Listed on
Jun 6, 2012
Closed on
Aug 15, 2012
Sold by
The Sara Wenkle Kaplan Trust
Bought by
Marks Thomas D and Marks Elaine
Seller's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Haaga
Pacific Sotheby's Int'l Realty
List Price
$534,900
Sold Price
$495,000
Premium/Discount to List
-$39,900
-7.46%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Sara Wenkle Kaplan Trust
Bought by
Wenkle Noel Smith
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $675,000 Fidelity National Title Co
Grant Deed $600,000 Orange Coast Title Co
Grant Deed $515,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $495,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $675,000 -1.5% $447 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $685,000 +14.2% $454 / Sq Ft
02/15/2017 02/15/17 Sold $600,000 +0.2% $397 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
12/07/2016 12/07/16 Price Changed $599,000 -4.8% $397 / Sq Ft
10/08/2016 10/08/16 Price Changed $629,000 -3.1% $417 / Sq Ft
09/19/2016 09/19/16 Price Changed $649,000 -3.0% $430 / Sq Ft
08/20/2016 08/20/16 For Sale $669,000 +29.9% $443 / Sq Ft
09/08/2015 09/08/15 Sold $515,000 -2.6% $341 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $529,000 -1.9% $350 / Sq Ft
05/04/2015 05/04/15 For Sale $539,000 +8.9% $357 / Sq Ft
10/03/2012 10/03/12 Sold $495,000 -1.0% $328 / Sq Ft
07/20/2012 07/20/12 Price Changed $499,900 -6.5% $331 / Sq Ft
06/06/2012 06/06/12 For Sale $534,900 -- $354 / 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 $9,074 $716,313 $496,220 $220,093
2023 $8,922 $702,269 $486,491 $215,778
2022 $8,366 $688,500 $476,952 $211,548
2021 $8,284 $675,000 $467,600 $207,400
2020 $7,802 $636,723 $428,197 $208,526
2019 $7,708 $624,239 $419,801 $204,438
2018 $7,538 $612,000 $411,570 $200,430
2016 $6,162 $515,000 $320,100 $194,900
2015 $5,910 $507,180 $327,362 $179,818
2014 $5,866 $497,246 $320,950 $176,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-155166PS

The MLS

APN: 7264-017-022