NOT LISTED FOR SALE

4141 Glencoe Ave Unit 504 Marina Del Rey, CA 90292

Del Rey Neighborhood

Estimated Value: $1,118,000 - $1,298,000

2 Beds
2 Baths
1,430 Sq Ft
$529/mo HOA Fee

Last Sold June 24, 2014

Last sale price $780,000 $545 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,739/month

7 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • City Lights View
  • Venice High School Rated A
  • Gated Community
  • Modern Architecture

About This Home

As of June 2014

Incredible Element Lofts penthouse unit in the heart of the Marina Arts District. Rare south-facing top floor unit with floor-to-ceiling windows and lots of natural lighting. Gourmet kitchen with Viking appliances, Caesar stone countertops and large center island opening to the living room and huge private balcony. Master bedroom suite separated from the living room by a custom wardrobe wall with many built-ins. Completely separate second bedroom area with its own bathroom. Polished concrete floors and beautiful exposed steel beamed ceilings throughout. Nest Wi-Fi thermostat, laundry inside and side-by-side parking right next to the elevator. Community BBQ, fire pit and fitness center. Walking distance to the Marina Marketplace, shops, restaurants, theatre and marina.

Last Agent to Sell the Property

Emory Donelson

Estate Properties License #01709558 Listed on: 05/24/2014

Co-Listed By

Deedee Howard

The Agency License #01039224

Last Buyer's Agent

Anna Lee

Keller Williams Larchmont License #01438991

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,429

Year Built

  • Built in 2008

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Parking Garage Space

Home Design

  • Penthouse
  • Modern Architecture
  • Entry on the 5th floor

Interior Spaces

  • 1,430 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Area
  • Concrete Flooring
  • City Lights Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4230-005-143

Community Details

Overview

  • Association fees include trash, water
  • 50 Units

Amenities

  • Sundeck

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,429

Year Built

Built in 2008

Lot Details

0

HOA Fees

$529 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Element Lofts
  • Entry Floor: 5
  • Entry Location: Penthouse
  • Living Area: 1430
  • Planned Urban Dev: 0
  • Unit Floor In Building: 5
  • Year Built: 2008
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Stained Concrete
  • Appliances: Cooktop - Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Elevator, Garbage Disposal, Range/Oven, Stackable W/D Hookup
  • Price Per S Q F T: 537.76

Exterior Features

  • Balcony: Yes
  • Direction Faces: South
  • Tennis Court Y/N: No
  • Exposure: South
  • Patio: Balcony
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Exercise Room, Fitness Center, Gated Community, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water
  • HOA Fees: 529.00
  • Unit Location: Middle

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4230-005-143
  • Geocode Override: No
  • Lot Size Area: 1480

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2014
Closed on
Jun 20, 2014
Sold by
Meara Benedict O
Bought by
Park Gun Phil and Kim Jin Young
Seller's Agent
Emory Donelson
Estate Properties
Buyer's Agent
Anna Lee
Keller Williams Larchmont
List Price
$769,000
Sold Price
$780,000
Premium/Discount to List
$11,000
1.43%
Current Estimated Value
$1,183,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,918
Avg. Annual Appreciation
3.75%
Original Mortgage
$624,000
Outstanding Balance
$473,913
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$710,005

Purchase Details

Closed on
Dec 31, 2009
Sold by
Grant Taylor B and Wl Homes Llc
Bought by
Omeara Benedict

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,850
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Park Gun Phil $780,000 Progressive
Omeara Benedict $577,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Gun Phil $624,000
Previous Owner Omeara Benedict $461,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2014 06/24/14 Sold $780,000 +1.4% $545 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $769,000 -- $538 / 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 $11,429 $956,160 $492,423 $463,737
2024 $11,429 $937,413 $482,768 $454,645
2023 $11,208 $919,033 $473,302 $445,731
2022 $10,684 $901,014 $464,022 $436,992
2021 $10,548 $883,348 $454,924 $428,424
2019 $10,229 $857,150 $441,432 $415,718
2018 $10,201 $840,344 $432,777 $407,567
2016 $9,754 $807,715 $415,973 $391,742
2015 $9,611 $795,583 $409,725 $385,858
2014 $7,546 $607,890 $238,817 $369,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-764085

The MLS

APN: 4230-005-143