NOT LISTED FOR SALE

3101 3rd St Unit 4 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $666,000 - $1,085,000

1 Bed
1 Bath
498 Sq Ft
7,405 Sq Ft Lot

Last Sold June 21, 2013

Last sale price $525,000 $1,054 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,310/month

7 Days on Market

Highlights

  • Ocean View
  • 7,747 Sq Ft lot
  • Wood Flooring
  • John Muir Elementary School Rated A
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of June 2013

Ocean view condo on a hill with cool ocean breeze. Bright and open with wood floors in the living room and carpet in the bedroom. Walk in closet and updated bathroom. Enjoy cooking in the kitchen while you look out to ocean and city views. One uncovered parking space and community laundry. Absolutely move in condition with low HOA ($200/month). Fantastic location. 2 blocks from Main Street. 4 blocks to the beach. 6 blocks to Farmer's Market. Don't miss the opportunity to live the dream of owning an ocean view property at this amazing price! The unit is the top left unit in the photograph.

Last Agent to Sell the Property

Lily Chen

Homequest Real Estate Corp. License #01334597 Listed on: 06/04/2013

Homequest Real Estate Corp.

Last Buyer's Agent

Ray Lyon

Compass License #01875162

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,452

Year Built

  • Built in 1956

Lot Details

  • 7,405

Property Views

  • Ocean
  • City

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 498 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4287-038-051

Community Details

Overview

  • 6 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,452

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: 3101 3rd Street HOA
  • Entry Floor: 2
  • Living Area: 498
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1002.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Parking Space, Uncovered
  • Total Parking: 1

Utilities

  • Heating: Wall

Association/Amenities

  • Amenities: Assoc Barbecue
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 200.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4287-038-051
  • Geocode Override: No
  • Lot Size Area: 7747

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2018
Sold by
S & W Investments Group Llc
Bought by
Jonathan Sabby and Jonathan Wendy S
Current Estimated Value
$848,004

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jun 18, 2013
Sold by
Liu Stanley
Bought by
S & W Investment Group Llc
Seller's Agent
Lily Chen
Homequest Real Estate Corp.
Buyer's Agent
Ray Lyon
Compass
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%

Purchase Details

Closed on
May 17, 2004
Sold by
Dapp Brian
Bought by
Liu Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1998
Sold by
Raines Craig A and Raines Connie J
Bought by
Dapp Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 25, 1994
Sold by
Rudaitis Kaz and Osborne Nancy J
Bought by
Raines Craig Allan and Raines Connie Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Jonathan Sabby -- Orange Coast Title Company
S & W Investment Group Llc $525,005 Ticor Title Company
Liu Stanley $495,000 Equity Title Company
Dapp Brian $165,000 Equity Title Company
Raines Craig Allan $130,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Stanley $396,000
Previous Owner Dapp Brian $132,000
Previous Owner Raines Craig Allan $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $525,000 +5.2% $1,054 / Sq Ft
06/04/2013 06/04/13 For Sale $499,000 -- $1,002 / 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
2025 $10,452 $811,824 $270,608 $541,216
2024 $9,823 $795,906 $265,302 $530,604
2023 $9,662 $780,300 $260,100 $520,200
2022 $9,532 $765,000 $255,000 $510,000
2021 $7,397 $587,422 $293,711 $293,711
2020 $7,345 $581,400 $290,700 $290,700
2019 $7,265 $570,000 $285,000 $285,000
2018 $6,947 $568,181 $454,546 $113,635
2016 $6,692 $546,120 $436,897 $109,223
2015 $6,603 $537,918 $430,335 $107,583
2014 $6,517 $527,382 $421,906 $105,476
Source: Public Records

Agents Affiliated with this Home

  • Lily Chen

    Seller's Agent in 2013

    Lily Chen

    Homequest Real Estate Corp.

    (310) 430-1370

    8 Total Sales

    Lily Chen
    Section Image
  • Ray Lyon

    Buyer's Agent in 2013

    Ray Lyon

    Compass

    (310) 993-1065

    2 in this area

    84 Total Sales

    Ray Lyon
    Section Image
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Map

Source: The MLS

MLS Number: 13-677777

The MLS

APN: 4287-038-051

California Los Angeles County Santa Monica 90405 Ocean Park

3101 3rd St Unit 4, Santa Monica, CA

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