NOT LISTED FOR SALE

701 Grant St Unit 5 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $985,000 - $1,578,000

2 Beds
1.5 Baths
932 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $925,000 $992 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,998/month

4 Days on Market

Highlights

  • Fitness Center
  • Automatic Gate
  • City Lights View
  • John Muir Elementary School Rated A
  • Gated Community
  • 22,729 Sq Ft lot

About This Home

As of October 2018

Enjoy this beautifully remodeled two-level Ocean Park townhome in one of the most neighborhoods on the westside.This open floor plan, 2BD/1.5BA has great designer touches throughout, & includes a private patio with access through French doors off the dining room.Enjoy a glass of wine while relaxing in front of the fireplace, or morning coffee on your private patio. The recently updated kitchen features Caeserstone quartz countertops, glass tile backsplash, recessed lighting, new gas stove, stainless steel appliances & wide plank birch hardwood floors. Both bathrooms were also recently updated & feature marble countertops. Includes in-unit washer/dryer + two covered parking spaces. Building amenities incl. fitness room, spa, sport court, storage and more. Located in prime Ocean Park, just two blocks from the beloved Josyln Park, it's also a short walk to Whole Foods, Rose Avenue, Abbot Kinney Blvd., Santa Monica beach, bike paths and Main Street's cafes, bars and shops!

Last Agent to Sell the Property

Brian Maser

The Condo Experts License #01340306 Listed on: 09/27/2018

Last Buyer's Agent

Noelle McCutchen

Coldwell Banker Realty License #01880126

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,259

Year Built

  • Built in 1974

Lot Details

  • 0.52 Acre Lot
  • Gated Home

HOA Fees

  • $530 Monthly HOA Fees

Property Views

  • City Lights
  • Woods

Home Design

  • Contemporary Architecture

Interior Spaces

  • 932 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Automatic Gate
  • Controlled Entrance

Additional Features

  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4289-002-033

Community Details

Overview

  • 18 Units

Recreation

  • Pickleball Courts
  • Sport Court
  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,259

Year Built

Built in 1974

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Monica HOA
  • Entry Floor: 1
  • Living Area: 932
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Gas, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 910.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Garage, Garage Is Detached, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Community, Gated, Smoke Detector

Association/Amenities

  • Amenities: Exercise Room, Fitness Center, Gated Community, Gated Parking, Pickleball, Spa, Sport Court
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 530.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4289-002-033
  • Geocode Override: No
  • Lot Size Area: 22729

Multi Family

  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 11, 2018
Sold by
Orth David Lee and Ettinger Dian Mae
Bought by
Shin Medissa H and Melissa H Shin Living Trust
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Noelle McCutchen
Coldwell Banker Realty
List Price
$849,000
Sold Price
$925,000
Premium/Discount to List
$76,000
8.95%
Current Estimated Value
$1,177,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,371
Avg. Annual Appreciation
3.61%
Original Mortgage
$740,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 9, 2015
Closed on
Aug 3, 2015
Sold by
Iver Moe Brian
Bought by
Orth Family Trust
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Susan Williams
Compass
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2013
Sold by
Iver Moe Brian
Bought by
Iver Moe Brian

Purchase Details

Closed on
Nov 12, 2003
Sold by
Langlois Henri R
Bought by
Langlois Henri R and The Henri R Langlois Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Shin Medissa H $925,000 Usa National Title Inc
Orth Family Trust $800,000 Usa National Title Co
Iver Moe Brian -- None Available
Langlois Henri R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Melissa H $711,000
Closed Shin Melissa H $726,526
Closed Shin Medissa H $740,000
Previous Owner Orth Family Trust $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $925,000 +9.0% $992 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $849,000 +6.1% $911 / Sq Ft
09/04/2015 09/04/15 Sold $800,000 +6.8% $858 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $749,000 -- $804 / 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 $12,259 $1,031,850 $825,481 $206,369
2024 $12,259 $1,011,619 $809,296 $202,323
2023 $12,059 $991,784 $793,428 $198,356
2022 $11,900 $972,338 $777,871 $194,467
2021 $11,596 $953,273 $762,619 $190,654
2019 $11,393 $925,000 $740,000 $185,000
2018 $9,879 $832,320 $665,856 $166,464
2016 $9,514 $800,000 $640,000 $160,000
2015 $876 $73,752 $18,774 $54,978
2014 $1,250 $72,309 $18,407 $53,902
Source: Public Records

Agents Affiliated with this Home

  • Brian Maser

    Seller's Agent in 2018

    Brian Maser

    The Condo Experts

    (310) 460-7917

    27 in this area

    139 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Noelle McCutchen

    Coldwell Banker Realty

    Section Image

  • N

    Buyer Co-Listing Agent in 2018

    Nicolas McCutchen

    Compass

  • Susan Williams

    Buyer's Agent in 2015

    Susan Williams

    Compass

    (310) 990-5686

    12 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-390576

The MLS

APN: 4289-002-033

California Los Angeles County Santa Monica 90405 Ocean Park

701 Grant St Unit 5, Santa Monica, CA

This home is located at 701 Grant St Unit 5, Santa Monica, CA 90405 since 27 September 2018 and is currently estimated at $1,177,837, approximately $1,263 per square foot. This property was built in 1974. 701 Grant St Unit 5 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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