Seller's Agent in 2021
David Katz
RE/MAX
(818) 516-0510
1 in this area
33 Total Sales
521 Montana Ave Unit 308 Santa Monica, CA 90403
North of Montana NeighborhoodEstimated Value: $918,000 - $1,128,000
1
Bed
1.5
Baths
1,030
Sq Ft
$359/mo
HOA Fee
Highlights
- Fitness Center
- Filtered Pool
- Automatic Gate
- Roosevelt Elementary School Rated A+
- No Units Above
- 4-minute walk to Holbrook Park
About This Home
As of November 2021Spacious and well cared for top floor 1,030 sqft move-in ready 1 bedroom 1.5 bath "Colonial Square" Condominium with city views to the south from both the living room and bedroom. Very unobstructed floor plan with living room fireplace also opening to the dining area and kitchen. The entry area has a large closet along with a adjacent guest half bath. Just off the living room is a sizable double door walk-in closet that could easily be used as a office or bonus room. Both the living room and bedroom each have sliding glass doors to access a private outdoor balcony with city views! The bedroom includes a wardrobe closet and it's own private tub/shower full bath. There is a hallway closet with water hookups that could possibly be used for a stack washer/dryer but would need HOA approval. Each level has it's own community laundry room and the nearest laundry room is just 20 feet from the front door of this unit. Also included with this property is two private storage boxes above the assigned parking space #52 in the secure underground garage. Colonial Square amenities include a beautiful outdoor pool area, clubhouse/recreation room with kitchen and fireplace, gym, and separate men's and lady's dry saunas. Located just several blocks from the ocean and the convenience of nearby parks, shopping, and dining on Montana Ave.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,498
Year Built
- Built in 1969
Lot Details
- No Units Above
- Two or More Common Walls
- South Facing Home
- Landscaped
HOA Fees
- $359 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Available
- Automatic Gate
- Parking Lot
- Controlled Entrance
- Community Parking Structure
Property Views
- City Lights
- Neighborhood
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 1,030 Sq Ft Home
- Open Floorplan
- Gas Fireplace
- Drapes & Rods
- Entryway
- Living Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Corian Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Bathtub with Shower
- Exhaust Fan In Bathroom
Home Security
- Home Security System
- Intercom
Pool
- Filtered Pool
- Heated In Ground Pool
- Gas Heated Pool
- Gunite Pool
Outdoor Features
- Living Room Balcony
- Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
- Urban Location
Schools
- Roosevelt Elementary School
- Lincoln Middle School
- Santa Monica High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 50047
- Assessor Parcel Number 4293013105
- $558 per year additional tax assessments
Community Details
Overview
- Master Insurance
- 43 Units
- 521 Montana Ave Association, Phone Number (310) 370-2696
- Scott Management HOA
- Maintained Community
Amenities
- Sauna
- Clubhouse
- Meeting Room
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
Security
- Resident Manager or Management On Site
- Controlled Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2021
Closed on
Nov 4, 2021
Sold by
Taylor Leonard and Taylor Denise
Bought by
Engheta Bahman
Seller's Agent
David Katz
RE/MAX One
Buyer's Agent
Richard Eldred
Coldwell Banker Residential Br
List Price
$949,000
Sold Price
$905,000
Premium/Discount to List
-$44,000
-4.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,523
Avg. Annual Appreciation
2.63%
Original Mortgage
$543,000
Outstanding Balance
$500,048
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$497,475
Purchase Details
Closed on
Oct 9, 2015
Sold by
Taylor Leonard
Bought by
The Leonard & Denise Taylor Trust
Purchase Details
Closed on
Aug 10, 2011
Sold by
Zauss Harold L
Bought by
Steinberg Zauss Phyllis D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2011
Sold by
Steinberg Zauss Phyllis D and Steinberg Phyllis
Bought by
Taylor Leonard and Taylor Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
4.46%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Engheta Bahman | $905,000 | Stewart Title Company | |
| The Leonard & Denise Taylor Trust | -- | None Available | |
| Steinberg Zauss Phyllis D | -- | Lawyers Title Company | |
| Taylor Leonard | $585,005 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Engheta Bahman | $543,000 | |
| Previous Owner | Taylor Leonard | $468,000 | |
| Previous Owner | Taylor Leonard | $497,250 | |
| Previous Owner | Steinberg Phyllis | $342,000 | |
| Previous Owner | Steinberg Phyllis | $309,000 | |
| Previous Owner | Bina Debra J | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $905,000 | -4.6% | $879 / Sq Ft |
| 10/05/2021 10/05/21 | For Sale | $949,000 | -- | $921 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,498 | $960,391 | $700,503 | $259,888 |
| 2024 | $11,498 | $941,561 | $686,768 | $254,793 |
| 2023 | $11,312 | $923,100 | $673,302 | $249,798 |
| 2022 | $11,163 | $905,000 | $660,100 | $244,900 |
| 2021 | $8,373 | $678,828 | $469,147 | $209,681 |
| 2019 | $8,224 | $658,695 | $455,233 | $203,462 |
| 2018 | $7,746 | $645,780 | $446,307 | $199,473 |
| 2016 | $7,453 | $620,705 | $428,977 | $191,728 |
| 2015 | $7,353 | $611,383 | $422,534 | $188,849 |
| 2014 | $7,254 | $599,408 | $414,258 | $185,150 |
Source: Public Records
Agents Affiliated with this Home
-
David Katz
-
Richard Eldred
Buyer's Agent in 2021
Richard Eldred
Coldwell Banker Residential Br
(310) 503-2519
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21220193
APN: 4293-013-105
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