NOT LISTED FOR SALE

Estimated Value: $1,293,000 - $2,045,000

2 Beds
2 Baths
1,136 Sq Ft
$117/mo HOA Fee

Last Sold March 30, 2012

Last sale price $799,000 $703 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,467/month

25 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • C.L. Smith Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to Avila Playground

About This Home

As of March 2012

Exclusive & privately gated Ocean 17 Luxury condo unit 341 is first time on the market. This desirable ocean view interior end unit is currently a fully furnished turn-key vacation rental. Make this your dream beach home, it currently offers truly amazing oceanfront views from every floor. Outdoor living at its best, enjoy the ocean and sunset views from the outdoor large deck off kitchen or relax and entertain up on the roof top deck that features a full summer kitchen & BBQ with spectacular ocean views. Enjoy the vacation life that the quaint community of Avila Beach has to offer! ~ Great opportunity, these luxury condominiums previously sold for $1,250,000 in 2007.

Last Agent to Sell the Property

Tracy Ronca

Wilson & Co. Sotheby's Intl' R License #01745499 Listed on: 01/24/2012

Wilson & Co. Sotheby's Intl' R

Last Buyer's Agent

Melissa Mertogul

Real Estate eBroker Inc. License #01863514

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,933

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Property fronts a private road

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic
  • Hills

Home Design

  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,136 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling Available
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 076218032

Community Details

Overview

  • Ocean's 17 Association, Phone Number (805) 545-7600

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,933

Year Built

Built in 2007

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Road Frontage Type: Private Road
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Avila Beach(320)
  • View: Yes
  • Zoning: CON,R,OVRZ
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 076218032
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1136.00
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Vacuum Central
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 703.35
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Ocean, Panoramic
  • Patio And Porch Features: Deck, Patio
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 117.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean's 17
  • Phone: 805-545-7600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Waterfront Features: Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2012
Sold by
Lee Ben Alexander and Lee Karen
Bought by
Lee Ben Alexander and Lee Karen Fang Ssu
Current Estimated Value
$1,548,834

Purchase Details

Listed on
Jan 24, 2012
Closed on
Feb 28, 2012
Sold by
Bachmann Rudolph C and Bachmann Melissa
Bought by
Lee Ben Alexander
Seller's Agent
Tracy Ronca
Wilson & Co. Sotheby's Intl' R
Buyer's Agent
Melissa Mertogul
Real Estate eBroker Inc.
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$519,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2005
Sold by
Avila Beach Partners Llc
Bought by
Avila Ocean Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,192,000
Interest Rate
5.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Lee Ben Alexander -- None Available
Lee Ben Alexander $799,000 Fidelity National Title Co
Lee Ben Alexander -- Fidelity National Title Co
Avila Ocean Partners Llc $3,920,000 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ben Alexander $435,000
Closed Lee Ben Alexander $475,500
Closed Lee Ben Alexander $519,000
Previous Owner Bachmann Rudolph C $663,600
Previous Owner Bachmann Rudolph C $648,180
Previous Owner Avila Ocean Partners Llc $8,192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $799,000 0.0% $703 / Sq Ft
02/18/2012 02/18/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $799,000 -- $703 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,933 $1,003,576 $753,629 $249,947
2024 $10,735 $983,899 $738,852 $245,047
2023 $10,735 $964,608 $724,365 $240,243
2022 $10,065 $945,695 $710,162 $235,533
2021 $9,904 $927,153 $696,238 $230,915
2020 $9,803 $917,647 $689,099 $228,548
2019 $9,691 $899,655 $675,588 $224,067
2018 $9,501 $882,016 $662,342 $219,674
2017 $9,335 $864,722 $649,355 $215,367
2016 $9,165 $847,768 $636,623 $211,145
2015 $9,033 $835,035 $627,061 $207,974
2014 $8,301 $818,679 $614,778 $203,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SL183203

California Regional Multiple Listing Service (CRMLS)

APN: 076-218-032