$525,000
SOLD DEC 1, 2021
-- Bed
1 Bath
437 Sq Ft
$275/mo HOA Fee

Recently Sold

$1,201 Per Sq Ft

9% Below List Price

50 Days on Market

Highlights

  • View of Trees or Woods
  • 0.34 Acre Lot
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Midcentury Modern Architecture
  • 5-minute walk to Holbrook Park

About This Home

As of December 2021

Do not miss this corner unit with open floor plan in prime Wilshire / Montana location. Just blocks to the Palisades Park bluffs and stairs to beach path, this property is a must see for the price. Great for a single or a couple. Enjoy a well-maintained, mid-century building, great neighbors, walking distance to the cafe's, shops and restaurants on Montana Avenue, the Third street Promenade and more. Immaculately maintained and move-in ready unit. Use as a pied-a-terre for visits to Santa Monica or great long term rental opportunity. Low HOA dues include EQ insurance. One carport space with storage locker. Complex includes emergency preparedness room with first aid and water for all units and small garden for owners' use with restrictions. Per seller, laundry allowed in unit with board approval. Stop paying rent: this is your chance to buy Santa Monica real estate at a low cost and build equity for your next purchase. See private remarks for all showing requests.

Last Agent to Sell the Property

Brian Maser

The Condo Experts License #01340306 Listed on: 09/23/2021

Last Buyer's Agent

Janet Heinzle

Douglas Elliman of California, Inc. License #02080077

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,898

Year Built

  • Built in 1957

Lot Details

  • End Unit
  • Gated Home

HOA Fees

  • $275 Monthly HOA Fees

Property Views

  • Woods
  • Courtyard

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1 Full Bathroom
  • 437 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • 1 Parking Space
  • Carport

Utilities

  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4292-008-038

Community Details

Overview

  • 23 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,898

Year Built

Built in 1957

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Street Number Display: Yes
  • Complex Name: Idaho Arms Homeowners Association
  • Entry Floor: 1
  • Living Area: 437
  • Lot Acreage: 0.3440
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1957
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 1141.88

Exterior Features

  • Other Features: End Unit
  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Heating: Wall Gas
  • Security: Card/Code Access, Community, Exterior Security Lights, Gated, Smoke Detector

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 275.00
  • HOA: Yes
  • Unit Location: end unit

Lot Info

  • Assessor Parcel Number: 4292-008-038
  • Geocode Override: No
  • Lot Size Area: 14994

Multi Family

  • Number Of Units: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 17, 2021
Sold by
Raymond Dale
Bought by
Morley Trevor
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Janet Heinzle
Douglas Elliman of California, Inc.
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$584,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,639
Avg. Annual Appreciation
3.33%
Original Mortgage
$409,000
Outstanding Balance
$376,846
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$216,475

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 14, 2019
Sold by
Branstetter Elizabethe L
Bought by
Raymond Dale
Seller's Agent
Solo Scott
Compass
Buyer's Agent
Wheeler Coberly
Compass
List Price
$549,000
Sold Price
$539,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.16%
Original Mortgage
$348,400
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Branstetter Elizabeth L
Bought by
Branstetter Elizabeth L and The Elizabeth L Branstetter Trust

Purchase Details

Closed on
Nov 9, 2004
Sold by
Uyeda Andrea
Bought by
Branstetter Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 1997
Sold by
Gray Bleiberg Investments Viii and Baron Robert
Bought by
Uyeda Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
7.54%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $525,000 Wfg Title Company Of Ca
Grant Deed $539,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $335,000 California Title Co
Grant Deed $80,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,000 New Conventional
Previous Owner $348,400 New Conventional
Previous Owner $97,000 Unknown
Previous Owner $251,250 Purchase Money Mortgage
Previous Owner $60,418 Unknown
Previous Owner $63,500 No Value Available
Closed $4,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $525,000 +5.2% $1,201 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/04/2021 11/04/21 Price Changed $499,000 -9.1% $1,142 / Sq Ft
10/08/2021 10/08/21 Price Changed $549,000 -4.5% $1,256 / Sq Ft
09/23/2021 09/23/21 For Sale $575,000 +6.7% $1,316 / Sq Ft
08/28/2019 08/28/19 Sold $539,000 -1.8% $1,233 / Sq Ft
07/03/2019 07/03/19 For Sale $549,000 -- $1,256 / 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 $6,898 $557,133 $222,853 $334,280
2024 $6,898 $546,210 $218,484 $327,726
2023 $6,784 $535,500 $214,200 $321,300
2022 $6,688 $525,000 $210,000 $315,000
2021 $6,855 $544,584 $291,994 $252,590
2019 $5,438 $418,593 $374,865 $43,728
2018 $5,126 $410,386 $367,515 $42,871
2016 $4,855 $394,452 $353,245 $41,207
2015 $4,788 $388,528 $347,939 $40,589
2014 $4,009 $318,000 $285,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-786994

The MLS

APN: 4292-008-038