NOT LISTED FOR SALE

4007 Ocean Front Walk Unit 1/2 Marina Del Rey, CA 90292

Estimated Value: $1,788,000 - $2,916,000

3 Beds
4 Baths
2,079 Sq Ft
0.3 Acres

Last Sold November 29, 2012

Last sale price $2,100,000 $1,010 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $15,561/month

107 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Attached Garage
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Home Office
  • Tandem Parking

About This Home

As of November 2012

PANORAMIC BEACH AND OCEAN VIEWS FROM ALMOST EVERY ROOM IN THIS AMAZING REDONE 3 BEDROOMS PLUS OFFICE, 3 ½ BATHS CONDO. COMPLETELY REDONE BY WARREN WAGNER AIA TYPICAL TO HIS WARM CONTEMPORARY VIBE: BAMBOO FLOORS, TIMBER BEAMS, WHITE WALLS AND VIEW-ENHANCING GLASS BALUSTRADES FROM THE SPLIT LEVEL LIVING AREA (WITH TWO STORY CEILINGS) UP TO THE MASTER SUITE LOFT OVERLOOK. OPEN KITCHEN IN STAINLESS STEEL AND GRANITE. PRIVATE BEACH ACCESS RIGHT TO SAND. PRIVATE ROOF DECK WITH SPA TUB. TANDEM PARKING FOR 2 CARS. A RARE OFFERING!

Last Agent to Sell the Property

Scott Segall

Engel & Völkers Beverly Hills License #01179028 Listed on: 06/26/2012

Engel & Völkers Beverly Hills

Last Buyer's Agent

Farah Abri

Premier Realty Associates License #01329272

Premier Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,630

Year Built

  • Built in 1971

Lot Details

  • Ocean Front
  • Gated Home

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Home Office
  • Ocean Views
  • Laundry Room

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • Attached Garage
  • Tandem Parking

Outdoor Features

  • Open Patio

Utilities

  • Evaporated cooling system
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4225-011-040

Community Details

Overview

  • 12 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,630

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Marina Peninsula Homes
  • Entry Floor: 2
  • Living Area: 2079
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Mixed, Stone
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1099.09

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage, Tandem

Utilities

  • Cooling: Evaporative
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 525.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4225-011-040

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2012
Closed on
Nov 14, 2012
Sold by
4007 Ocean Front Walk Llc
Bought by
Houlihan Robert and Houlihan Lise
Seller's Agent
Scott Segall
Engel & Völkers Beverly Hills
Buyer's Agent
Farah Abri
Premier Realty Associates
List Price
$2,399,000
Sold Price
$2,100,000
Premium/Discount to List
-$299,000
-12.46%
Current Estimated Value
$2,485,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,185
Avg. Annual Appreciation
1.31%
Original Mortgage
$900,000
Outstanding Balance
$591,127
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,894,058

Purchase Details

Closed on
May 13, 2011
Sold by
Lera Judy
Bought by
4007 Ocean Front Walk Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Lera Robert John and Lera Judy
Bought by
Lera Judy

Purchase Details

Closed on
Jan 13, 2004
Sold by
Becker Marc A
Bought by
Lera Robert John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,481,250
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1994
Sold by
Katz Milton and Katz Roslyn B
Bought by
Becker Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.75%
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
Houlihan Robert $2,100,000 Lawyers Title
4007 Ocean Front Walk Llc -- None Available
Lera Judy -- --
Lera Robert John $2,000,909 Southland Title
Becker Marc A $560,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houlihan Robert $900,000
Previous Owner Lera Robert John $1,481,250
Previous Owner Becker Marc A $448,000
Closed Lera Robert John $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $2,100,000 -8.1% $1,010 / Sq Ft
09/06/2012 09/06/12 Price Changed $2,285,000 -4.8% $1,099 / Sq Ft
06/26/2012 06/26/12 For Sale $2,399,000 -- $1,154 / 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 $30,630 $2,585,989 $1,970,280 $615,709
2024 $30,630 $2,535,285 $1,931,648 $603,637
2023 $30,030 $2,485,574 $1,893,773 $591,801
2022 $28,618 $2,436,839 $1,856,641 $580,198
2021 $28,274 $2,389,059 $1,820,237 $568,822
2019 $27,417 $2,318,200 $1,766,249 $551,951
2018 $27,355 $2,272,746 $1,731,617 $541,129
2016 $26,177 $2,184,494 $1,664,377 $520,117
2015 $25,789 $2,151,682 $1,639,377 $512,305
2014 $25,860 $2,109,534 $1,607,264 $502,270
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Segall

    Engel & Völkers Beverly Hills

    (310) 480-4823

    30 Total Sales

    Scott Segall
    Section Image
  • Farah Abri

    Buyer's Agent in 2012

    Farah Abri

    Premier Realty Associates

    (310) 850-2154

    5 Total Sales

    Farah Abri
    Section Image
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Map

Source: The MLS

MLS Number: 12-609155

The MLS

APN: 4225-011-040

California Los Angeles County Marina Del Rey 90292

4007 Ocean Front Walk Unit 1/2, Marina Del Rey, CA

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