NOT LISTED FOR SALE

Estimated Value: $1,507,916 - $1,671,000

0.04 Acre
$39,649,300 Price per Acre
2,000 Sq Ft Lot

Last Sold October 07, 2021

Last sale price $1,350,000 $1,115 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,845/month

11 Days on Market

Highlights

  • Ocean View
  • John Muir Elementary School Rated A
  • 2-minute walk to Ozone Park

About This Lot

As of October 2021

In the Summer of 2022 move into your brand new custom designed Santa Monica Ocean Park beach home in one of the most popular beach communities in the world. Two new homes at 645 & 647 Navy will be built, side by side. 647 Navy- lot +APPROVED plans are being offered for sale in this listing. Exciting opportunity to buy the lot with approved plans, where you get to build your dream home with your own personal touches! Plans are APPROVED!!.. The new home design is 3 bedrooms & 3 baths up to 2,100 square feet of living space including the convertible 400 square foot garage. The yard space is ample with options + the opportunity for a roof deck. The street is quiet and quaint. The location is the best if you enjoy the beach vibe and killer walkability. Be part of a vibrant community where food, drink, art and great health are just a natural way of living.. Rose Avenue, Main Street and the beach are just a few blocks away!

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 09/24/2021

Last Buyer's Agent

Yuki Oya

Keller Williams Palos Verdes Realty License #02030864

Keller Williams Palos Verdes Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,738

Lot Details

  • 2,000 Sq Ft Lot

Property Views

  • Ocean
  • City

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$16,738

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Sep 24, 2021
Sold by
Berne Luc
Bought by
Henan D R Contruction Group Usa Inc
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Yuki Oya
Keller Williams Palos Verdes Realty
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,585,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,972
Avg. Annual Appreciation
3.90%

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 3, 2020
Sold by
Loporto Linda and The Loporto Trust
Bought by
Berne Luc
Seller's Agent
Joshua Pineiro
Compass
Buyer's Agent
Timothy Xu
Compass
List Price
$1,600,000
Sold Price
$1,474,000
Premium/Discount to List
-$126,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.95%
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
Henan D R Contruction Group Usa Inc $1,350,000 Fidelity Sherman Oaks
Henan D R Construction Group Usa Inc $1,350,000 Fidelity National Title
Berne Luc $1,474,000 Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $1,350,000 0.0% $1,115 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,350,000 -8.4% $1,115 / Sq Ft
01/15/2020 01/15/20 Sold $1,474,000 -7.9% $1,217 / Sq Ft
11/01/2019 11/01/19 For Sale $1,600,000 -- $1,321 / 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 $16,738 $1,432,630 $1,432,630 --
2024 $16,738 $1,404,540 $1,404,540 --
2023 $16,467 $1,377,000 $1,377,000 $0
2022 $16,261 $1,350,000 $1,350,000 $0
2021 $17,982 $1,489,270 $1,191,416 $297,854
2020 $1,465 $62,266 $41,665 $20,601
2019 $1,440 $61,047 $40,849 $20,198
2018 $1,332 $59,851 $40,049 $19,802
2016 $1,261 $57,529 $38,495 $19,034
2015 $1,240 $56,666 $37,917 $18,749
2014 $1,242 $55,557 $37,175 $18,382
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-787694

The MLS

APN: 4287-035-024