NOT LISTED FOR SALE

Estimated Value: $1,646,000 - $1,877,000

2 Beds
2.5 Baths
1,402 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $1,605,000 $1,145 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,009/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Gated Community
  • Dual Staircase
  • John Muir Elementary School Rated A
  • City View
  • Contemporary Architecture

About This Home

As of April 2021

An opportunity not to be missed in this impeccable, light-filled Ocean Park retreat minutes to the sand and a mere two blocks to Main Street! Completely renovated, this 2 Bed/3 Bath sophisticated townhome offers a spacious reverse floor-plan that takes advantage of the views. //About this home: Tucked away and private, this stunning home has been renovated all the way through. Floor-to-ceiling windows fill the double-height living room with sunshine, while the ocean breeze enters through the three balconies on each floor. Ideal for entertaining, the living area blends into the kitchen, equipped with top-tier appliances, Caesarstone counters, and warm, cabinetry. Chic tile work, a perfectly located fireplace, and beautiful finishes throughout create a clean stylish look. //We Love: Make your way up to the loft -- perfect for a home office. Or head downstairs to the 2 spacious bedrooms and 2 baths - one with a soaking tub, one with a rain shower. //The Neighborhood: Located in a prime Santa Monica location, you are two blocks some of LA's most well-known restaurants, shops, bars, and boutiques. A mere minutes to the beach, Santa Monica Pier, and Expo Line. This is SoCal living at its finest!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 02/13/2021

Last Buyer's Agent

Michael Chang

Sotheby's International Realty License #02033278

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,097

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 1,402 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • City Views
  • Security Lights
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Powder Room
  • Bathtub with Shower

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4287-027-061

Community Details

Overview

  • Association fees include earthquake insurance, maintenance paid, water, building and grounds
  • 6 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,097

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 425 Marine Street
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1402
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Built-Ins, Mirrored Closet Door(s), High Ceilings (9 Feet+), Recessed Lighting, Turnkey
  • Fireplace Rooms: Gas
  • Flooring: Tile, Hardwood
  • Appliances: Built-In Gas, Gas/Electric Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down, Master Bedroom, Ground Floor Master
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Over Tub, Remodeled, Shower Stall
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Kitchen Island, In Kitchen
  • Kitchen Features: Counter Top, Remodeled, Island
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Hood Fan, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1066.33

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top, City
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Door Opener, Side By Side, Community Garage, Subterr Side by Side, Covered Parking, Assigned
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Controlled Access, Gated Community
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Maintenance Paid, Water, Building and Grounds
  • HOA Fees: 600.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4287-027-061
  • Lot Description: Exterior Security Lights, Automatic Gate

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 6

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Landry Benoit and Zhu Jingyuan
Bought by
Landry Benoit and Benoit Landry Revocable Living
Current Estimated Value
$1,777,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,288,000
Outstanding Balance
$1,180,928
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$562,710

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 18, 2021
Sold by
Bhatia Niraj
Bought by
Landry Benoit and Zhu Jingyuan
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Michael Chang
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,605,000
Premium/Discount to List
$110,000
7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$1,284,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 18, 2016
Sold by
Helvey Benjamin Joseph
Bought by
Bhatia Niraj
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,295,000
Sold Price
$1,427,000
Premium/Discount to List
$132,000
10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Feb 9, 2011
Sold by
Helvey Benjamin J
Bought by
Helvey Benjamin J and Benjamin J Helvey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Vu Ngan Kim
Bought by
Helvey Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 4, 2005
Sold by
Fishkin James
Bought by
Vu Ngan Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 1998
Sold by
Tan Rosalind S
Bought by
Fishkin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.07%

Purchase Details

Closed on
May 10, 1994
Sold by
425 Marine Street
Bought by
Tan Rosalind S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
3.37%
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
Landry Benoit -- Western Resources Title
Landry Benoit $1,605,000 Fidelity Natl Ttl Co Long Be
Bhatia Niraj $1,427,000 Fidelity National Title Co
Helvey Benjamin J -- None Available
Helvey Benjamin $822,500 Investors Title Company
Vu Ngan Kim $815,000 Ticor Title Company
Fishkin James $279,000 Fidelity National Title
Tan Rosalind S $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry Benoit $1,288,000
Closed Landry Benoit $1,284,000
Previous Owner Helvey Benjamin J $415,000
Previous Owner Helvey Benjamin $417,000
Previous Owner Helvey Benjamin $82,250
Previous Owner Helvey Benjamin $658,000
Previous Owner Vu Ngan Kim $50,000
Previous Owner Vu Ngan Kim $611,250
Previous Owner Fishkin James $500,000
Previous Owner Fishkin James $150,000
Previous Owner Tan Rosalind S $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $1,605,000 +7.4% $1,145 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $1,495,000 +4.8% $1,066 / Sq Ft
03/24/2016 03/24/16 Sold $1,427,000 +10.2% $1,018 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $1,295,000 -9.3% $924 / Sq Ft
02/17/2016 02/17/16 Off Market $1,427,000 -- --
02/17/2016 02/17/16 For Sale $1,295,000 -- $924 / 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 $20,097 $1,722,922 $1,378,338 $344,584
2024 $20,097 $1,689,140 $1,351,312 $337,828
2023 $19,773 $1,656,020 $1,324,816 $331,204
2022 $19,525 $1,623,550 $1,298,840 $324,710
2021 $18,764 $1,560,629 $1,248,504 $312,125
2020 $18,637 $1,544,628 $1,235,703 $308,925
2019 $18,449 $1,514,342 $1,211,474 $302,868
2018 $17,364 $1,484,650 $1,187,720 $296,930
2016 $11,235 $942,734 $744,705 $198,029
2015 $11,088 $928,574 $733,519 $195,055
2014 $9,682 $801,000 $632,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-692336

The MLS

APN: 4287-027-061