NOT LISTED FOR SALE

Estimated Value: $823,000 - $1,106,000

2 Beds
2 Baths
1,040 Sq Ft
$466/mo HOA Fee

Last Sold June 27, 2022

Last sale price $900,000 $865 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,417/month

4 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Community
  • Venice High School Rated A
  • In Ground Pool
  • Views of Trees

About This Home

As of June 2022

Enjoy urban living at its finest in this newly updated light, bright 2 bedroom 2 bath unit with its open kitchen with black granite counters, matching Maytag appliances, an Aquasana water filtration system, an open floor plan with two bedrooms with in suite baths, or the choice to use the private second bedroom as a spacious "work from home" office with adjoining bath. This unit offers newly installed SPC luxury 100% waterproof vinyl plank flooring throughout, recessed lighting with dimmable capabilities, central heat and a/c, stacked washer/dryer, dual pane windows, alarm system, rare side by side parking and guest parking. The dining area, living room and balcony open out to one of the best views in the complex with its lush courtyard garden views. The building's many resort amenities include an outdoor pool and spa, media room and lounge, fitness center, common area Wi-Fi, bicycle storage and a dog park. Also available is a large "recreation room" with kitchen facilities that is great for hosting birthday parties, anniversary parties, etc. extra storage available. The complex scores well on walk score, bike score, rideshare, and public transportation. This great location in Silicon Beach's Marina Arts District is your home base for work and play. For work, this centrally located condo is minutes away from Santa Monica, Play Vista, Culver City, and West Los Angeles. For play, this centrally located condo is near the beaches, the marina, and the coastal bike path. Live the Silicon Beach style by walking to shops, restaurants, entertainment, movie theatres, grocery stores, etc.

Last Agent to Sell the Property

Arlene Lafferty

Estate Properties License #00714524 Listed on: 05/27/2022

Estate Properties

Co-Listed By

Carla Zeoli

License #01434882

Last Buyer's Agent

Maria Gomez

Coldwell Banker Realty License #01206447

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,261

Year Built

  • Built in 2004

Lot Details

  • 1.37

HOA Fees

  • $466 Monthly HOA Fees

Property Views

  • Trees
  • Park or Greenbelt
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,040 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Home Office
  • Vinyl Plank Flooring
  • Prewired Security

Kitchen

  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Automatic Gate
  • Guest Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Additional Features

  • Open Patio
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4230-007-072

Community Details

Overview

  • 96 Units
  • Maintained Community

Amenities

  • Clubhouse
  • Meeting Room
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,261

Year Built

Built in 2004

Lot Details

0

HOA Fees

$466 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: 2
  • Living Area: 1040
  • Lot Acreage: 1.3650
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 2004
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 3
  • Flooring: Vinyl Plank
  • 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, In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Gas Or Electric Dryer Hookup, Built-Ins, Microwave, Water Filter, Water Line to Refrigerator, Water Purifier, Ice Maker, Hood Fan, Stackable W/D Hookup, Washer, Cable
  • Price Per S Q F T: 816.35

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Tree Top, Green Belt, Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning, Electric
  • Heating: Central
  • Security: Automatic Gate, Prewired for alarm system, Fire and Smoke Detection System, Gated

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 465.61
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4230-007-072
  • Lot Size Area: 59461

Multi Family

  • Number Of Units: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 6, 2022
Sold by
George E Smull Trust
Bought by
Marshall Deborah E
Seller's Agent
Arlene Lafferty
Estate Properties
Buyer's Agent
Maria Gomez
Coldwell Banker Realty
List Price
$849,000
Sold Price
$900,000
Premium/Discount to List
$51,000
6.01%
Current Estimated Value
$940,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,883
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Apr 28, 2018
Sold by
Smull George E
Bought by
Smull George E and George E Smull Trust

Purchase Details

Closed on
Mar 15, 2011
Sold by
U S Bank National Association
Bought by
Smull George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2011
Sold by
Song Hagong
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 23, 2006
Sold by
Drt Lp
Bought by
Song Hagong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
9.15%
Mortgage Type
New Conventional
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
Marshall Deborah E $900,000 Lawyers Title
Smull George E -- None Available
Smull George E $400,000 First American Title Ins Co
U S Bank National Association $382,229 None Available
Song Hagong $620,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smull George E $417,000
Previous Owner Smull George E $320,000
Previous Owner Smull George E $320,000
Previous Owner Song Hagong $100,000
Previous Owner Song Hagong $500,000
Previous Owner Song Hagong $67,000
Previous Owner Song Hagong $496,000
Closed Marshall Deborah E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $900,000 +6.0% $865 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $849,000 0.0% $816 / Sq Ft
10/22/2018 10/22/18 Rented $3,300 0.0% --
10/06/2018 10/06/18 For Rent $3,300 -- --
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 $11,261 $955,085 $615,924 $339,161
2024 $11,261 $936,359 $603,848 $332,511
2023 $11,042 $918,000 $592,008 $325,992
2022 $5,662 $482,903 $165,997 $316,906
2021 $5,586 $473,436 $162,743 $310,693
2019 $5,415 $459,396 $157,917 $301,479
2018 $5,398 $450,389 $154,821 $295,568
2016 $5,157 $432,902 $148,810 $284,092
2015 $5,080 $426,400 $146,575 $279,825
2014 $5,100 $418,048 $143,704 $274,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-157123

The MLS

APN: 4230-007-072