NOT LISTED FOR SALE

5209 Ocean Front Walk Unit 101 Marina Del Rey, CA 90292

Estimated Value: $2,905,000 - $3,488,000

2 Beds
2.5 Baths
2,315 Sq Ft
$1,533/mo HOA Fee

Last Sold July 26, 2019

Last sale price $2,200,000 $950 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $20,987/month

64 Days on Market

Highlights

  • Ocean Front
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • 9,270 Sq Ft lot
  • Den

About This Home

As of July 2019

Motivated Seller!!! Oceanfront unobstructed south corner with direct beach access in the most peaceful location on the Marina del Rey Peninsula. This is a very special place - 2,315 square feet with incredible width and ocean views. 2 very large masters + a separated den + 3 balconies + 3 car parking. Enormous great room is very open light and airy. Spacious kitchen with built ins and island with a wonderful balcony attached for bbq or lounge. The master has ocean views, wonderful light, dual closets and a large ensuite bath boasting a separate tub and shower. Laundry room is separated. Best building on the beach with earthquake insurance. Creme de la creme at the Marina del Rey Peninsula oceanfront!

Last Agent to Sell the Property

Jennifer Portnoy

Compass License #01215535 Listed on: 04/11/2019

Compass

Last Buyer's Agent

Jennifer Portnoy

Compass License #01215535 Listed on: 04/11/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,554

Year Built

  • Built in 1976

Lot Details

  • 9,148

HOA Fees

  • $1,533 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,315 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Washer

Home Security

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Open Patio
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 4294-007-061

Community Details

Overview

  • 15 Units

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,554

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,533 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Essex House
  • Entry Floor: 1
  • Living Area: 2315
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1976
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1069.11

Exterior Features

  • Balcony: OCEANFRONT
  • Tennis Court Y/N: No
  • Exposure: OCEAFRONT
  • Pool: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Assigned, Built-In Storage, Community Garage, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1533.00
  • HOA: Yes
  • Unit Location: OCEANFRONT

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4294-007-061
  • Geocode Override: No
  • Lot Size Area: 9270

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 3, 2019
Sold by
Perkins John S S and Perkins John S
Bought by
All Canyons Property Management Company
Seller's Agent
Jennifer Portnoy
Compass
Buyer's Agent
Jennifer Portnoy
Compass
List Price
$2,595,000
Sold Price
$2,200,000
Premium/Discount to List
-$395,000
-15.22%
Current Estimated Value
$3,261,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,061,853
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jan 11, 2013
Sold by
Perkins John S
Bought by
Perkins John S and Perkins Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2012
Sold by
Perkins John S
Bought by
Perkins John S and Perkins Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Perkins John S
Bought by
Perkins John S and Perkins Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Perkins John S
Bought by
Perkins John S and Perkins Ann A

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
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Perkins John S
Bought by
Perkins John S and Perkins Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Perkins John S
Bought by
Perkins John S and Perkins Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.84%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Friedman Janet M
Bought by
Perkins John S and Perkins Ann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.54%

Purchase Details

Closed on
Feb 3, 1998
Sold by
Degroot Mary M
Bought by
Friedman Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 23, 1994
Sold by
Friedman Janet M
Bought by
Friedman Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.9%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
All Canyons Property Management Company $2,200,000 Fidelity National Title Co
Perkins John S -- Title365 Inc
Perkins John S -- Accommodation
Perkins John S -- Accommodation
Perkins John S -- Advantage Title Inc
Perkins John S -- Accommodation
Perkins John S -- Lsi Title Company
Perkins John S -- Accommodation
Perkins John S -- Advantage Title Inc
Perkins John S -- Ticor Title Company Of Ca
Perkins John S -- Ticor Title Company
Perkins John S -- American Title Co
Perkins John S $785,000 Equity Title Company
Friedman Janet M $200,000 Equity Title Company
Friedman Janet M $200,000 Equity Title Company
Friedman Janet M -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins John S $390,000
Previous Owner Perkins John S $396,000
Previous Owner Perkins John S $400,500
Previous Owner Perkins John S $417,000
Previous Owner Perkins John S $500,000
Previous Owner Perkins John S $500,000
Previous Owner Perkins John S $50,000
Previous Owner Friedman Janet M $300,000
Previous Owner Friedman Janet M $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $2,200,000 -11.1% $950 / Sq Ft
05/15/2019 05/15/19 Price Changed $2,475,000 -4.6% $1,069 / Sq Ft
04/11/2019 04/11/19 For Sale $2,595,000 -- $1,121 / 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 $28,554 $2,406,018 $1,312,373 $1,093,645
2024 $28,554 $2,358,842 $1,286,641 $1,072,201
2023 $27,996 $2,312,591 $1,261,413 $1,051,178
2022 $26,682 $2,267,247 $1,236,680 $1,030,567
2021 $26,359 $2,222,792 $1,212,432 $1,010,360
2019 $13,106 $1,103,204 $841,816 $261,388
2018 $13,059 $1,081,573 $825,310 $256,263
2016 $12,479 $1,039,576 $793,263 $246,313
2015 $12,294 $1,023,962 $781,348 $242,614
2014 $12,332 $1,003,905 $766,043 $237,862
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-454210

The MLS

APN: 4294-007-061