NOT LISTED FOR SALE

Estimated Value: $1,769,000 - $2,100,000

5 Beds
2 Baths
1,491 Sq Ft
$1,296/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $1,485,000 $996 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,026/month

19 Days on Market

Highlights

  • No HOA
  • Den
  • Carpet
  • John Muir Elementary School Rated A
  • Garage
  • 3-minute walk to Ozone Park

About This Home

As of September 2022

First time on the market in over 60 years. This is a rare opportunity to own a cozy beach home in the popular Ocean Park Neighborhood of Santa Monica. The original home was built in 1928 and was expanded in the 1970's. This charming dwelling is situated in a prime location. You are mere minutes to amazing 5 star restaurants, trendy shops, bars and 10 minutes from Santa Monica Pier. New carpet and Paint.

Last Agent to Sell the Property

Deanne Garza

Premier Properties License #02077016 Listed on: 07/23/2022

Last Buyer's Agent

Jonathan Talassazan

Keller Williams Los Angeles License #02076550

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,220

Year Built

  • Built in 1928

Lot Details

  • 2,017 Sq Ft Lot
  • Property is zoned SMOP1*

Parking

  • Garage

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,491 Sq Ft Home
  • 2-Story Property
  • Den
  • Carpet
  • Laundry Located Outside

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4287-034-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,220

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1491
  • Lot Acreage: 0.0463
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Appliances: Microwave, Gas/Electric Range
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: In Kitchen
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Microwave, Range/Oven
  • Price Per S Q F T: 989.27

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Permit/Decal, Garage

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4287-034-025
  • Lot Size Area: 2017

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Aug 22, 2022
Sold by
Lozano Family Revocable Trust
Bought by
Derr Timothy Dennis
Seller's Agent
Deanne Garza
Premier Properties
Buyer's Agent
Jonathan Talassazan
Keller Williams Los Angeles
List Price
$1,475,000
Sold Price
$1,485,000
Premium/Discount to List
$10,000
0.68%
Views
20
Current Estimated Value
$1,932,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,276
Avg. Annual Appreciation
9.27%
Original Mortgage
$1,262,250
Outstanding Balance
$1,204,053
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$728,223

Purchase Details

Closed on
Sep 8, 1998
Sold by
Lozano Ysabel C
Bought by
Lozano Armando and Lozano Rafael Ray
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
Derr Timothy Dennis $1,485,000 --
Lozano Armando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derr Timothy Dennis $1,262,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $1,485,000 +0.7% $996 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $1,475,000 -- $989 / 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 $18,220 $1,544,993 $1,235,995 $308,998
2024 $18,220 $1,514,700 $1,211,760 $302,940
2023 $17,925 $1,485,000 $1,188,000 $297,000
2022 $1,965 $106,823 $27,691 $79,132
2021 $1,442 $104,730 $27,149 $77,581
2019 $1,414 $101,626 $26,345 $75,281
2018 $1,299 $99,634 $25,829 $73,805
2016 $1,232 $95,767 $24,827 $70,940
2015 $1,215 $94,330 $24,455 $69,875
2014 $1,209 $92,483 $23,976 $68,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-182181

The MLS

APN: 4287-034-025