NOT LISTED FOR SALE

4141 Glencoe Ave Unit 509 Marina Del Rey, CA 90292

Del Rey Neighborhood

Estimated Value: $856,000 - $1,154,000

1 Bed
1 Bath
990 Sq Ft
$496/mo HOA Fee

Last Sold October 06, 2017

Last sale price $819,700 $828 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,463/month

9 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Gated Parking
  • Venice High School Rated A
  • Gourmet Kitchen
  • City Lights View

About This Home

As of October 2017

This is the one you have been dreaming of! Bright, gorgeous, modern penthouse in the coveted Marina Arts District which has a walk score of 89! Element is one of the best bldgs in the area & has been featured in The New York Times & L.A. Architect magazine due to its unique concrete/steel construction & design. Relax in your grand master bath- dual shower heads, dual sinks & a separate soaking tub. Polished concrete floors throughout, Nest system, new LG w/d and custom lutron lighting...the list goes on! Kitchen features Viking Professional stainless steel appliances & a large custom island as well as quartz counters. Amazing floor to ceiling sliding glass doors leading out to a southwest facing, private balcony is a wonderful place to enjoy a glass of wine & the views. 2 side by side parking spaces! The community features a fitness center, gated parking, bike storage & courtyard w/ a grill & fire pit. You won't want to miss this opportunity to live in such a captivating place!

Last Agent to Sell the Property

Heather Shawver

Compass License #01858222 Listed on: 08/30/2017

Compass

Last Buyer's Agent

Heather Shawver

Compass License #01858222 Listed on: 08/30/2017

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,122

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 0.91

HOA Fees

  • $496 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Entry on the 5th floor
  • Steel Siding

Interior Spaces

  • 990 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft
  • Concrete Flooring

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights

Parking

  • 2 Covered Spaces
  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4230-005-148

Community Details

Overview

  • 50 Units
  • Maintained Community
  • 5-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,122

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: This is the one you have been dreaming of! Bright, gorgeous, modern penthouse in the coveted Marina Arts District which has a walk score of 89! Element is one of the best bldgs in the area & has been featured in The New York Times & L.A. Architect magazine due to its unique concrete/steel construction & design. Relax in your grand master bath- dual shower heads, dual sinks & a separate soaking tub. Polished concrete floors throughout, Nest system, new LG w/d and custom lutron lighting...the list goes on! Kitchen features Viking Professional stainless steel appliances & a large custom island as well as quartz counters. Amazing floor to ceiling sliding glass doors leading out to a southwest facing, private balcony is a wonderful place to enjoy a glass of wine & the views. 2 side by side parking spaces! The community features a fitness center, gated parking, bike storage & courtyard w/ a grill & fire pit. You won't want to miss this opportunity to live in such a captivating place!
  • Complex Name: Element
  • Entry Floor: 5
  • Living Area: 990
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 5
  • Unit Floor In Building: 5
  • Year Built: 2008
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Cement
  • Appliances: Cooktop - Gas, Microwave, Oven-Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room, Stone Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 796.97

Exterior Features

  • Direction Faces: North
  • Construction: Concrete, Steel Siding
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Exposure: Southwest
  • Patio: Balcony
  • Pool: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Gated, Parking for Guests - Onsite, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Prewired for alarm system, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Fire Pit, Fitness Center, Gated Parking, Outdoor Cooking Area
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 495.85
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4230-005-148
  • Geocode Override: No
  • Lot Size Area: 39561

Multi Family

  • Number Of Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 22, 2017
Sold by
Wang Stewart
Bought by
Yang Ruth
Seller's Agent
Heather Shawver
Compass
Buyer's Agent
Heather Shawver
Compass
List Price
$789,000
Sold Price
$819,700
Premium/Discount to List
$30,700
3.89%
Current Estimated Value
$953,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,670
Avg. Annual Appreciation
1.89%
Original Mortgage
$600,000
Outstanding Balance
$500,503
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$452,867

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 12, 2017
Sold by
Wood Jessica A
Bought by
Yang Mark and Yang Ruth
Seller's Agent
Heather Shawver
Compass
Buyer's Agent
Heather Shawver
Compass
List Price
$789,000
Sold Price
$819,700
Premium/Discount to List
$30,700
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$500,503
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$452,867

Purchase Details

Listed on
Apr 24, 2014
Closed on
Apr 15, 2014
Sold by
Smith Cameron
Bought by
Wood Jessica A
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Jennifer Petsu
Compass
List Price
$579,000
Sold Price
$595,000
Premium/Discount to List
$16,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$555,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,655
Interest Rate
5.5%
Mortgage Type
FHA
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
Yang Ruth -- Lawyers Title
Yang Mark $820,000 Lawyers Title
Wood Jessica A $595,000 Lawyers Title
Smith Cameron $439,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Mark $600,000
Previous Owner Wood Jessica A $555,750
Previous Owner Smith Cameron $430,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2017 10/06/17 Sold $819,700 +3.9% $828 / Sq Ft
08/30/2017 08/30/17 For Sale $789,000 +32.6% $797 / Sq Ft
05/06/2014 05/06/14 Sold $595,000 +2.8% $601 / Sq Ft View Prior Sale
04/24/2014 04/24/14 For Sale $579,000 0.0% $585 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $579,000 -- $585 / 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 $11,122 $932,673 $588,255 $344,418
2024 $11,122 $914,386 $576,721 $337,665
2023 $10,907 $896,458 $565,413 $331,045
2022 $10,396 $878,881 $554,327 $324,554
2021 $10,267 $861,649 $543,458 $318,191
2019 $9,956 $836,094 $527,340 $308,754
2018 $9,929 $819,700 $517,000 $302,700
2016 $7,369 $616,141 $322,878 $293,263
2015 $7,276 $606,887 $318,029 $288,858
2014 $5,747 $461,838 $185,535 $276,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-265436

The MLS

APN: 4230-005-148