NOT LISTED FOR SALE

Estimated Value: $1,105,000 - $1,164,000

2 Beds
2 Baths
1,194 Sq Ft
$570/mo HOA Fee

Last Sold July 20, 2022

Last sale price $950,000 $796 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,559/month

38 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Wood Flooring
  • John Muir Elementary School Rated A
  • 0.52 Acre Lot
  • Spanish Architecture

About This Home

As of July 2022

Located in a great area of Santa Monica with walking distance to shops & restaurants or the beach. A beautiful Spanish style secured complex offers a great investment & comfortable home for the beach loving city dwellers. Enter through a large security door entrance after parking in the secured 2 car carport below. The nearly 1200 sq ft unit is 2 doors down on the walkway. You will enter into a lovely lounge & family room of hardwood floors with decorative fireplace and open sun drenched patio . The open kitchen offers all modern appliances & breakfast bar. The guest lower bathroom has an internal laundry with storage. Up the stairway to the Master bedroom with large walk-in closet & ample clothing closets. Opposite a bright 2nd bedroom with a fully renovated bathroom in between both bedrooms. Walk to the cool rear tree covered patio for a game of pickle ball or relax in the HOA serviced Hot tub and gym/ extra laundry area. This is a great location at a very competitive price.

Last Agent to Sell the Property

Peter Smyth

Venus Louviere, Broker License #00787796 Listed on: 05/14/2022

Last Buyer's Agent

Carla Zeoli

Coastal Elite Properties License #01434882

Coastal Elite Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,866

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.52

HOA Fees

  • $570 Monthly HOA Fees

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,194 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Living Room with Attached Deck
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Security Lights
  • Alarm System

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Controlled Entrance

Outdoor Features

  • Open Patio
  • Front Porch

Additional Features

  • Gated Home
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4289-002-045

Community Details

Overview

  • Association fees include building and grounds
  • 18 Units
  • Monica HOA

Amenities

  • Meeting Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,866

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: Monica HOA
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 1194
  • Lot Acreage: 0.5218
  • Planned Urban Dev: 1
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Garbage Disposal, Dishwasher, Microwave, Washer, Range/Oven
  • Price Per S Q F T: 795.64

Exterior Features

  • Patio: Concrete Slab, Porch - Front, Living Room Deck Attached, Patio Open
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Side By Side
  • Total Parking: 2

Utilities

  • Security: Carbon Monoxide Detector(s), Community, Exterior Security Lights, Fire and Smoke Detection System, Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Gated Community, Exercise Room, Meeting Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds
  • HOA Fees: 570.00
  • Management Company: Monica HOA
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4289-002-045
  • Lot Size Area: 22729

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jun 24, 2022
Sold by
Hemanes Family Trust
Bought by
Heng Chad
Seller's Agent
Peter Smyth
Venus Louviere, Broker
Buyer's Agent
Carla Zeoli
Coastal Elite Properties
List Price
$989,999
Sold Price
$950,000
Premium/Discount to List
-$39,999
-4.04%
Current Estimated Value
$1,101,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,356
Avg. Annual Appreciation
5.59%
Original Mortgage
$760,000
Outstanding Balance
$724,951
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$397,722

Purchase Details

Closed on
Jun 22, 2015
Sold by
Hemanes Glenn John
Bought by
The Hemanes Family Trust

Purchase Details

Closed on
Jan 9, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Hemanes Glenn John and Hemanes Kristen Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Herwick Terese E
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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Average Value
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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
Heng Chad $950,000 Lawyers Title
The Hemanes Family Trust -- None Available
Hemanes Glenn John $512,500 Premium Title Of Ca Inc
Deutsche Bank National Trust Company $542,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heng Chad $760,000
Previous Owner Hemanes Glenn John $352,500
Previous Owner Herwick Terese E $586,000
Previous Owner Herwick Terese E $75,000
Previous Owner Herwick Terese E $500,000
Previous Owner Herwick Terese E $110,195
Previous Owner Herwick Terese E $50,000
Previous Owner Herwick Terese E $100,000
Previous Owner Herwick Terese E $221,239
Previous Owner Herwick Terese E $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $950,000 0.0% $796 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $949,995 -5.0% $796 / Sq Ft
05/19/2022 05/19/22 Price Changed $999,995 0.0% $838 / Sq Ft
05/18/2022 05/18/22 Price Changed $999,990 0.0% $838 / Sq Ft
05/18/2022 05/18/22 Price Changed $999,995 +1.0% $838 / Sq Ft
05/14/2022 05/14/22 For Sale $989,999 +101.1% $829 / Sq Ft
03/27/2013 03/27/13 Sold $492,224 -0.6% $412 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $495,000 -- $415 / 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 $11,866 $988,380 $390,150 $598,230
2024 $11,866 $969,000 $382,500 $586,500
2023 $11,674 $950,000 $375,000 $575,000
2022 $7,239 $571,142 $404,627 $166,515
2021 $7,039 $559,944 $396,694 $163,250
2019 $6,911 $543,338 $384,929 $158,409
2018 $6,505 $532,685 $377,382 $155,303
2016 $6,252 $512,002 $362,729 $149,273
2015 $6,168 $504,312 $357,281 $147,031
2014 $6,088 $494,434 $350,283 $144,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-156953

The MLS

APN: 4289-002-045