NOT LISTED FOR SALE

Estimated Value: $708,658

2 Beds
2 Baths
1,116 Sq Ft
6.82 Acre Lot

Sale Details

Date Sold: November 30, 2022

Last sale price $716,000 $642 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,272 / mo

14 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • 6.82 Acre Lot
  • Heated In Ground Pool
  • City Lights View
  • Community Lake

About This Home

As of November 2022

Location matters, its the most important factor when investing. Do not miss this opportunity to own a fully remodeled, large two bedroom, open floor plan in the desirable Culver City Raintree Community. Raintree is known for the unparalleled quality of life it offers its residents. 5205 Raintree has been extensively remodeled including the kitchen, stainless appliances, new fixtures, recessed lighting, custom walk in closet built ins and both bathrooms. Two covered parking spaces are included. Raintree is located on the former MGM Lot #3, among other advantages including beautiful lakes, waterfalls, pristine landscaped grounds and plenty of walking paths. This exclusive Community offers 24 hour security, including controlled gate access, on-site management offices, fitness center, pools, hot tub, sauna, volleyball court, clubhouse, earthquake insurance, water, gas, trash and cable. This amazing locations is located near shopping, dining and in the highly rated Culver City Unified School District.

Last Agent to Sell the Property

Erika Taylor

Hometown REALTORS, Padilla License #02040669 Listed on: 10/26/2022

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Two or More Common Walls
  • Northwest Facing Home

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Woods

Home Design

  • Frame Construction
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,116 Sq Ft Home
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Air Source Heat Pump
  • Hot Water Heating System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4296005191
  • $715 per year additional tax assessments

Community Details

Overview

  • 354 Units
  • Raintree Condominium Association, Phone Number (310) 836-5570
  • Raintree Condominiums Association
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Ping Pong Table
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

6.82 Acres

HOA Fees

$597 per month

Parking

2

Listing Details

  • Assessments: No
  • Park Name: Raintree Condominiums Association
  • Property Attached: Yes
  • Subdivision Name Other: Raintree
  • View: Yes
  • Zoning: CCPD
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4296005191
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1116.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 641.58
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Direction Faces: Northwest
  • View: City Lights, Trees/Woods
  • Fence: No
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid, Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Barbecue, Biking Trails, Card Room, Clubhouse, Controlled Access, Fire Pit, Guard, Gym/Ex Room, Hot Water, Lake or Pond, Meeting Room, Management, Outdoor Cooking Area, Paddle Tennis, Pets Permitted, Picnic Area, Playground, Pool, Recreation Room, Recreational Park, Sauna, Security, Spa/Hot Tub, Sport Court, Tennis Court(s)
  • Association Fee: 597.00
  • Association Fee Frequency: Monthly
  • Association Name: Raintree Condominium Association
  • Phone: 3108365570
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban, Biking, Dog Park, Hiking, Lake, Park

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 296893.00
  • Lot Size Acres: 6.8157

Multi Family

  • Lease Considered: No
  • Lot Size Area: 296893.0000 Square Feet
  • Number Of Units In Community: 354

Tax Info

  • Tax Tract Number: 672H3
  • TaxOtherAnnualAssessmentAmount: 714.63

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 15, 2022
Sold by
Bought by
Seller's Agent
Erika Taylor
Hometown REALTORS, Padilla
List Price
$699,000
Sold Price
$716,000
Premium/Discount to List
$17,000
2.43%
Views
26
Current Estimated Value
$708,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,342
Avg. Annual Appreciation
-0.28%
Original Mortgage
$296,000
Outstanding Balance
$284,075
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$424,583

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 10, 2022
Sold by
Bought by
Seller's Agent
Erika Taylor
Hometown REALTORS, Padilla
List Price
$699,000
Sold Price
$716,000
Premium/Discount to List
$17,000
2.43%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$284,075
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$424,583

Purchase Details

Listed on
Jun 16, 2021
Closed on
Nov 23, 2021
Sold by
Bought by
Seller's Agent
Erika Taylor
Hometown REALTORS, Padilla
Buyer's Agent
Erika Taylor
Hometown REALTORS, Padilla
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$496,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
$716,000 Lawyers Title
$620,000 First American Title Company O
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $296,000
Previous Owner $496,000
Previous Owner $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $716,000 +2.4% $642 / Sq Ft
10/26/2022 10/26/22 For Sale $699,000 +12.7% $626 / Sq Ft
11/01/2021 11/01/21 Sold $620,000 0.0% $556 / Sq Ft View Prior Sale
10/06/2021 10/06/21 Price Changed $620,000 -4.5% $556 / Sq Ft
09/03/2021 09/03/21 Price Changed $649,000 -3.9% $582 / Sq Ft
08/12/2021 08/12/21 For Sale $675,000 0.0% $605 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $675,000 -3.4% $605 / Sq Ft
07/01/2021 07/01/21 Price Changed $699,000 -2.9% $626 / Sq Ft
06/17/2021 06/17/21 For Sale $720,000 -- $645 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,274 $744,926 $595,941 $148,985
2024 $9,033 $730,320 $584,256 $146,064
2023 $8,624 $716,000 $572,800 $143,200
2022 $7,277 $620,000 $496,000 $124,000
2021 $1,426 $72,194 $22,617 $49,577
2019 $1,397 $70,055 $21,948 $48,107
2018 $1,183 $68,682 $21,518 $47,164
2016 $1,040 $66,018 $20,684 $45,334
2015 $1,039 $65,028 $20,374 $44,654
2014 $1,131 $63,755 $19,975 $43,780
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2206986

California Regional Multiple Listing Service (CRMLS)

APN: 4296-005-191

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