NOT LISTED FOR SALE

Estimated Value: $809,000 - $1,046,000

2 Beds
2 Baths
1,061 Sq Ft
$430/mo HOA Fee

Last Sold June 22, 2021

Last sale price $749,000 $706 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,126/month

16 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Community
  • Venice High School Rated A
  • In Ground Pool
  • 1.37 Acre Lot

About This Home

As of June 2021

This enchanting Del Rey Terrace Mediterranean styled complex is located in the Marina Arts District. Situated on the 1st floor, this single level 2 bedroom, 2 bath condo has no shared walls offering the ultimate in quiet privacy. You will be impressed by the kitchen built-ins, find sanctuary in your own patio viewing a lush courtyard enhanced by soothing sounds of its fountain, benefit from a washer/dryer in the master bathroom, along with, the 2nd bedrooms versatility of guest room, office or hobby room offering the ease of direct entry into a 2nd bathroom which, conveniently, can be accessed via the living area. This residence boasts central-heat/AC + 2 parking spaces across from each other near the elevator. Several shopping centers are in close proximity & Costco, Marina Marketplace & Waterside Shopping are minutes away. Glenn Alla Park presents dog parks, children's playground, basketball court, 2 tennis courts + 3 paddle/pickle ball courts. You will appreciate Friday's Farmers Market. Burton Chace Park offers the majestic serenity & pleasure of marina, sunsets, boats down the main channel, fireworks, movie nights, holiday decorations & boat shows. LAX is nearby as are bike paths to South Bay, Venice & Santa Monica. This is a coveted urban oasis.

Last Agent to Sell the Property

Bob Herrera

Professional Real Estate Servi License #00910859 Listed on: 05/04/2021

Co-Listed By

Cheryl Herrera

Professional Real Estate Servi License #01332794

Last Buyer's Agent

Sara Jo Ward

Coldwell Banker Realty License #01518206

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,649

Year Built

  • Built in 2004

Lot Details

  • 1.37

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,061 Sq Ft Home
  • Built-In Features
  • Living Room
  • Laminate Flooring
  • Courtyard Views
  • Security Lights

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Open Patio
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4230-007-050

Community Details

Overview

  • 86 Units
  • Low-Rise Condominium
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,649

Year Built

Built in 2004

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Del Rey Terrace
  • Entry Floor: 1
  • Living Area: 1061
  • Lot Acreage: 1.3650
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2004
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • 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: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Dishwasher, Dryer, Washer, Stackable W/D Hookup, Refrigerator, Range/Oven
  • Price Per S Q F T: 705.94

Exterior Features

  • Pool Description: Association Pool, Fenced
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Controlled Entrance, Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Exterior Security Lights, Gated, Card/Code Access

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Conference, Fitness Center, Elevator, Clubhouse, Assoc Pet Rules, Rec Multipurpose Rm, Pool, Guest Parking, Gated Community, Spa, Exercise Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 430.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Rent Control
  • Assessor Parcel Number: 4230-007-050
  • Lot Size Area: 59461

Multi Family

  • Number Of Units: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 2, 2021
Sold by
Barker James Jay
Bought by
Barker Maria Regiens Ramirez
Seller's Agent
Bob Herrera
Professional Real Estate Servi
Buyer's Agent
Sara Jo Ward
Coldwell Banker Realty
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$918,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,270
Avg. Annual Appreciation
4.22%
Original Mortgage
$649,000
Outstanding Balance
$588,867
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$303,759

Purchase Details

Listed on
May 4, 2021
Closed on
May 28, 2021
Sold by
Kim Minah and The Minah Kim Family Trust
Bought by
Barker Maria Regiens Ramirez and Barker Jessica Lauarine
Seller's Agent
Bob Herrera
Professional Real Estate Servi
Buyer's Agent
Sara Jo Ward
Coldwell Banker Realty
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Outstanding Balance
$588,867
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$303,759

Purchase Details

Closed on
Feb 22, 2019
Sold by
Kim Minah
Bought by
Kim Minah and Minah Kim Family Trust

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 8, 2018
Sold by
Austin Gregory and The Steven Lee Austin Living T
Bought by
Kim Minah
Seller's Agent
Debra Berman
Estate Properties
Buyer's Agent
Denise Fast
Estate Properties
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Austin Steve
Bought by
Austin Steven Lee and The Steven Lee Austin Living Trust

Purchase Details

Closed on
Mar 13, 2006
Sold by
Drt Lp
Bought by
Austin Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Barker Maria Regiens Ramirez -- Fidelity National Title
Barker Maria Regiens Ramirez $749,000 Fidelity National Title
Kim Minah -- None Available
Kim Minah $700,000 Fidelity National Title
Austin Steven Lee -- None Available
Austin Steve $610,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Maria Regiens Ramirez $649,000
Previous Owner Austin Steven $127,700
Previous Owner Austin Steve $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $749,000 0.0% $706 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $749,000 +7.0% $706 / Sq Ft
11/19/2018 11/19/18 Sold $700,000 -6.7% $700 / Sq Ft
10/05/2018 10/05/18 Price Changed $750,000 -3.2% $750 / Sq Ft
09/07/2018 09/07/18 For Sale $775,000 0.0% $775 / Sq Ft
10/08/2017 10/08/17 Rented $3,050 -1.6% --
09/28/2017 09/28/17 For Rent $3,100 +15.9% --
11/27/2015 11/27/15 Rented $2,675 0.0% --
11/26/2015 11/26/15 For Rent $2,675 0.0% --
11/20/2015 11/20/15 Under Contract -- -- --
11/09/2015 11/09/15 For Rent $2,675 -- --
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 $9,649 $810,738 $507,984 $302,754
2024 $9,649 $794,842 $498,024 $296,818
2023 $9,464 $779,258 $488,259 $290,999
2022 $9,021 $763,980 $478,686 $285,294
2021 $8,584 $721,396 $410,474 $310,922
2020 $8,673 $714,000 $406,266 $307,734
2019 $8,325 $700,000 $398,300 $301,700
2018 $4,594 $383,000 $306,405 $76,595
2016 $4,386 $368,130 $294,508 $73,622
2015 $4,321 $362,602 $290,085 $72,517
2014 $4,340 $355,500 $284,403 $71,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-727408

The MLS

APN: 4230-007-050