NOT LISTED FOR SALE

Estimated Value: $4,288,000 - $6,938,000

3 Beds
2 Baths
1,393 Sq Ft
$3,992/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $1,950,000 $1,400 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $34,708/month

13 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Garage
  • Roosevelt Elementary School Rated A+
  • Wood Flooring
  • 4-minute walk to Holbrook Park

About This Home

As of October 2013

LOWEST PRICED HOME NORTH OF MONTANA-UNLIMITED POTENTIAL IN THIS EXCEPTIONAL PRIME SANTA MONICA LOCATION Amazing opportunity for developers! First time on the market in over forty years, sold in its present condition and awaits your imagination, build your dream home. Currently, this home features three bedrooms, two bathrooms. This large 7,524 square foot lot offers a great back-yard with fruit trees and a two car garage with alley access.Centrally located and within walking distance to chic and trendy Montana Avenue and the Beach

Last Agent to Sell the Property

Thomas Magiar

Keller Williams Los Angeles License #01403577 Listed on: 10/02/2013

Keller Williams Los Angeles

Last Buyer's Agent

Thomas Magiar

Keller Williams Los Angeles License #01403577 Listed on: 10/02/2013

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,929

Year Built

  • Built in 1952

Lot Details

  • 7,524 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,393 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4293-011-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,929

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1393
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1219.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4293-011-025
  • Geocode Override: No
  • Lot Size Area: 7524

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2014
Sold by
Kortschak Walter G and Kortschak Marcia B
Bought by
7Th Street Montana Llc
Current Estimated Value
$5,560,405

Purchase Details

Listed on
Oct 2, 2013
Closed on
Oct 22, 2013
Sold by
Vanderloop John H and Vanderloop Dixie Ann
Bought by
Kortschak Walter G and Kortschak Marcia B
Seller's Agent
Thomas Magiar
Keller Williams Los Angeles
Buyer's Agent
Thomas Magiar
Keller Williams Los Angeles
List Price
$1,699,000
Sold Price
$1,950,000
Premium/Discount to List
$251,000
14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Salvatierra Daisy
Bought by
Zamora Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
8.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 10, 1999
Sold by
Boswell Esther E and Saathoff Charles H
Bought by
Buy Phone Inc

Purchase Details

Closed on
Jul 31, 1997
Sold by
Boswell Esther Elizabeth and Saathoff Rachel
Bought by
Boswell Esther E and Saathoff Charles H
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
7Th Street Montana Llc -- None Available
Kortschak Walter G -- None Available
Kortschak Walter G $1,950,019 Equity Title Company
Zamora Arturo -- First American Title Co
Zamora Arturo $425,000 First American Title Co
Buy Phone Inc $313,000 First American Title Co
Boswell Esther E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zamora Arturo $325,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $1,950,000 +14.8% $1,400 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $1,699,000 -- $1,220 / 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 $52,929 $4,591,619 $2,343,603 $2,248,016
2024 $52,929 $4,501,588 $2,297,650 $2,203,938
2023 $52,087 $4,413,323 $2,252,599 $2,160,724
2022 $51,468 $4,326,788 $2,208,431 $2,118,357
2021 $50,248 $4,241,950 $2,165,129 $2,076,821
2019 $49,424 $4,116,133 $2,100,911 $2,015,222
2018 $29,862 $2,570,125 $2,059,717 $510,408
2016 $23,384 $2,019,292 $2,019,292 $0
2015 $23,272 $1,988,960 $1,591,168 $397,792
2014 $22,930 $1,950,000 $1,560,000 $390,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-708323

The MLS

APN: 4293-011-025