NOT LISTED FOR SALE

320 Pacific St Unit 1 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $984,000 - $2,413,000

2 Beds
2 Baths
1,189 Sq Ft
8,712 Sq Ft Lot

Last Sold April 01, 2016

Last sale price $1,250,000 $1,051 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,962/month

9 Days on Market

Highlights

  • Ocean View
  • 8,988 Sq Ft lot
  • Traditional Architecture
  • John Muir Elementary School Rated A
  • Living Room with Fireplace
  • 2-minute walk to Hotchkiss Park

About This Home

As of April 2016

Completely updated unit, approx 200k in upgrades. Condo is turn key! Approx. 1200 sq feet in the best area of Santa Monica for restaurants, shopping and more important the BEACH!!!! Elegant Ocean Park condo features: Dramatic natural and recessed lighting, White Oak hardwood floors, Laundry inside and tons of extra storage space, Fleetwood siding doors installed, gourmet kitchen with SubZero® fridge, Wolf® & Fisher-Paykel® appliances, Master bedroom with large closets, Zen-style tub with shower and Huge outdoor area for entertaining guest.

Last Agent to Sell the Property

Ryan Davis

Compass License #01897644 Listed on: 02/22/2016

Last Buyer's Agent

Alicia Drake

The Agency License #01707707

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,404

Year Built

  • Built in 1974

Lot Details

  • Gated Home

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,189 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Garage
  • Side by Side Parking

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4289-014-013

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,404

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Blue Pacific HOA
  • Entry Floor: 1
  • Living Area: 1189
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1051.30

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Side By Side, Subterranean

Utilities

  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 300.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4289-014-013
  • Geocode Override: No
  • Lot Size Area: 8988

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Apr 25, 2016
Sold by
Morfitt Brian Kingston
Bought by
Morfitt Brian K and 320 Pacific Trust
Seller's Agent
Ryan Davis
Compass
Buyer's Agent
Alicia Drake
The Agency
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,565,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,291
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,000,000
Outstanding Balance
$760,969
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$804,322

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 3, 2016
Sold by
Medianu Elsa Lafuente
Bought by
Morfitt Brian Kingston
Seller's Agent
Ryan Davis
Compass
Buyer's Agent
Alicia Drake
The Agency
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$760,969
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$804,322

Purchase Details

Closed on
Aug 25, 2006
Sold by
Hitt Anthony and Scott Rodney Shawn
Bought by
Medianu Elsa Lafuente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Hitt Anthony
Bought by
Hitt Anthony and Scott Rodney Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2004
Sold by
Frazier Jessica Katherine
Bought by
Hitt Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
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
Morfitt Brian K -- None Available
Morfitt Brian Kingston $1,250,000 Commonwealth Land Title Co
Medianu Elsa Lafuente $820,000 Chicago Title Glendale
Hitt Anthony -- --
Hitt Anthony $600,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morfitt Brian Kingston $1,000,000
Previous Owner Medianu Elsa Lafuente $615,000
Previous Owner Hitt Anthony W $150,000
Previous Owner Hitt Anthony $250,000
Previous Owner Hitt Anthony $74,000
Previous Owner Hitt Anthony $510,000
Previous Owner Hitt Anthony $480,000
Previous Owner Frazier Jessica Katherine $197,320
Previous Owner Frazier Jessica Katherine $200,000
Closed Hitt Anthony $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $1,250,000 0.0% $1,051 / Sq Ft
02/22/2016 02/22/16 For Sale $1,250,000 -- $1,051 / 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 $17,404 $1,479,741 $1,183,794 $295,947
2024 $17,404 $1,450,728 $1,160,583 $290,145
2023 $17,123 $1,422,283 $1,137,827 $284,456
2022 $16,908 $1,394,396 $1,115,517 $278,879
2021 $16,489 $1,367,056 $1,093,645 $273,411
2019 $16,211 $1,326,510 $1,061,208 $265,302
2018 $15,262 $1,300,500 $1,040,400 $260,100
2016 $11,053 $928,049 $742,441 $185,608
2015 $10,908 $914,109 $731,289 $182,820
2014 $10,756 $896,204 $716,965 $179,239
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Davis

    Compass

    Section Image
  • Alicia Drake

    Buyer's Agent in 2016

    Alicia Drake

    The Agency

    (510) 393-4268

    9 Total Sales

    Alicia Drake
    Section Image
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Map

Source: The MLS

MLS Number: 16-983799

The MLS

APN: 4289-014-013

California Los Angeles County Santa Monica 90405 Ocean Park

320 Pacific St Unit 1, Santa Monica, CA

This home is located at 320 Pacific St Unit 1, Santa Monica, CA 90405 since 22 February 2016 and is currently estimated at $1,565,291, approximately $1,316 per square foot. This property was built in 1974. 320 Pacific St Unit 1 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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