NOT LISTED FOR SALE

4003 1/2 Ocean Front Walk Marina Del Rey, CA 90292

Estimated Value: $1,451,000 - $3,385,000

2 Beds
2.5 Baths
1,877 Sq Ft
$595/mo HOA Fee

Last Sold December 02, 2016

Last sale price $2,500,000 $1,332 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $17,330/month

29 Days on Market

Highlights

  • Ocean Front
  • Unit is on the top floor
  • 13,172 Sq Ft lot
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Granite Flooring
  • Contemporary Architecture

About This Home

As of December 2016

Rare Penthouse with direct beach access and two story ceilings!!! Huge ocean frontage, gourmet kitchen with custom cabinetry and top end appliances. There are 2 bedrooms + 2 1/2 baths, enormous roof top deck with jacuzzi tub built in. Master suite boasts walk in closet and a lovely en suite bath. The second bedroom is charming with an ocean view. There is a bonus space that can be used as a den or office + Loft. Huge storage room an added bonus!

Last Agent to Sell the Property

Jennifer Portnoy

Compass License #01215535 Listed on: 09/12/2016

Compass

Last Buyer's Agent

Jennifer Portnoy

Compass License #01215535 Listed on: 09/12/2016

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,046

Year Built

  • Built in 1971

Lot Details

  • 0.3

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,877 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Loft
  • Ocean Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in unit
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Additional Features

  • Ocean Front
  • Unit is on the top floor
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4225-011-042

Community Details

Overview

  • 12 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,046

Year Built

Built in 1971

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: Ocean Front Walk
  • Entry Floor: 2
  • Living Area: 1877
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Granite, Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1489.08

Exterior Features

  • Balcony: OCEANFRONT
  • Tennis Court Y/N: No
  • Exposure: OCEANFRONT
  • Pool: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Built-In Storage, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Controlled Access, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 595.00
  • HOA: Yes
  • Unit Location: OCEANFRONT

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4225-011-042
  • Geocode Override: No
  • Lot Size Area: 13172

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Oct 14, 2016
Sold by
Fookes Christa Bertha
Bought by
Bibicoff Hillary Sue and The Hillary Bibicoff Revocable Trust
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Jennifer Portnoy
Compass
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Current Estimated Value
$2,655,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,378
Avg. Annual Appreciation
0.68%
Original Mortgage
$1,300,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Gross Kenneth L
Bought by
Fookes Shawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2002
Sold by
Gross Kenneth L
Bought by
Gross Kenneth L

Purchase Details

Closed on
Mar 16, 2000
Sold by
Gross Kenneth
Bought by
Gross Kenneth L and The Kenneth L Gross Trust 90

Purchase Details

Closed on
Jun 24, 1997
Sold by
Sattler Robert G
Bought by
Gross Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.83%
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
Bibicoff Hillary Sue $2,465,000 Fidelity National Title Co
Fookes Shawn C $1,750,000 Fidelity National Title
Gross Kenneth L -- --
Gross Kenneth L -- --
Gross Kenneth L -- --
Gross Kenneth $650,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bibicoff Hillary Sue $1,300,000
Previous Owner Fookes Shawn C $729,750
Previous Owner Gross Kenneth $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2016 12/02/16 Sold $2,500,000 -10.6% $1,332 / Sq Ft
09/12/2016 09/12/16 For Sale $2,795,000 -- $1,489 / 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 $34,046 $2,884,266 $2,321,170 $563,096
2024 $34,046 $2,827,712 $2,275,657 $552,055
2023 $33,377 $2,772,268 $2,231,037 $541,231
2022 $31,805 $2,717,911 $2,187,292 $530,619
2021 $31,424 $2,664,619 $2,144,404 $520,215
2019 $30,468 $2,585,586 $2,080,800 $504,786
2018 $30,149 $2,514,300 $2,040,000 $474,300
2016 $22,705 $1,893,955 $1,623,391 $270,564
2015 $22,369 $1,865,507 $1,599,007 $266,500
2014 $22,432 $1,828,965 $1,567,685 $261,280
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Portnoy

    Seller's Agent in 2016

    Jennifer Portnoy

    Compass

    (310) 420-7861

    61 in this area

    80 Total Sales

    Jennifer Portnoy
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Map

Source: The MLS

MLS Number: 16-161450

The MLS

APN: 4225-011-042

California Los Angeles County Marina Del Rey 90292

4003 1/2 Ocean Front Walk, Marina Del Rey, CA

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