NOT LISTED FOR SALE

8515 Falmouth Ave Unit 321 Playa Del Rey, CA 90293

Estimated Value: $794,000 - $1,034,000

2 Beds
2 Baths
1,147 Sq Ft
$460/mo HOA Fee

Last Sold May 04, 2021

Last sale price $735,000 $641 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,788/month

27 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Clubhouse
  • Kentwood Elementary Rated A-
  • 1.44 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2021

BOM! Rarely does a remodeled and sophisticated condo of this caliber become available in the heart of Playa Del Reys Silicon Beach, less than a mile from the ocean. With the equivalent space of a small home, this unit enjoys morning sun and courtyard views, while the beautifully designed patio is perfect to enjoy your morning coffee or prepare a favorite BBQ meal. Relax and cool off in the pool or play a game of tennis. The building itself is tastefully appointed, has multiple elevators and unit has dedicated tandem parking plus ample guest parking. This carefully considered 2 bed, 2 bath is both tastefully designed and practical. The main living room is spacious, has recessed lighting, bamboo floors plus fireplace. The kitchen is modern with white cabinets and stainless appliances. Plenty of storage throughout plus balcony closet and dedicated, secure garage storage. Washer and dryer in unit. Both bedrooms are large with updated bathrooms and built ins. Close proximity to beach, restaurants, shops, banking nearby. Don't miss out!

Last Agent to Sell the Property

Christian Graham

Compass License #02098507 Listed on: 03/04/2021

Compass

Co-Listed By

Owen Salkin

Compass License #01310425

Last Buyer's Agent

Andrew Weir

License #01988668

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,603

Year Built

  • Built in 1984

Lot Details

  • Gated Home

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Spanish Tile Roof

Interior Spaces

  • 1,147 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4118-018-117

Community Details

Overview

  • Association fees include earthquake insurance, trash
  • 72 Units

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,603

Year Built

Built in 1984

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Villas Del Rey
  • Entry Floor: 3
  • Living Area: 1147
  • Lot Acreage: 1.4441
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas
  • Flooring: Bamboo, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Water Line to Refrigerator, Built-Ins, Ceiling Fan, Dryer, Washer, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Microwave, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 649.52
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Other Features: Balcony
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Patio: Balcony
  • Pool Description: Association Pool
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem, Gated, Parking for Guests - Onsite, Community Garage, Door Opener, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street

Association/Amenities

  • Amenities: Elevator, Spa, Tennis Courts, Pool, Clubhouse, Assoc Pet Rules, Gated Parking, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Trash
  • HOA Fees: 460.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4118-018-117
  • Lot Size Area: 62904

Multi Family

  • Number Of Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 2, 2021
Sold by
Diana Grant Trust
Bought by
Pacheco William
Seller's Agent
Christian Graham
Compass
Buyer's Agent
Andrew Weir
List Price
$745,000
Sold Price
$735,000
Premium/Discount to List
-$10,000
-1.34%
Current Estimated Value
$860,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,792
Avg. Annual Appreciation
3.59%
Original Mortgage
$588,000
Outstanding Balance
$529,741
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$331,051

Purchase Details

Closed on
Jan 27, 2016
Sold by
Grant Diana
Bought by
Grant Diana and The Diana Grant Trust

Purchase Details

Listed on
Jan 8, 2015
Closed on
Mar 4, 2015
Sold by
Mansour Joseph S and Joseph S Mansour Trust
Bought by
Grant Diana
Seller's Agent
Anthony Grimson
Coldwell Banker Realty
Buyer's Agent
Rinde Philippe
Berkshire Hathaway HomeServices California Properties
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$390,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Mansour Joseph
Bought by
Mansour Joseph S and The Joseph S Mansour Trust

Purchase Details

Closed on
Apr 22, 2008
Sold by
Mansour Joseph and Mansour Melanie
Bought by
Mansour Joseph

Purchase Details

Closed on
Aug 6, 2007
Sold by
Yerondopoulos Harold G and Yerondopoulos Jacquelin A
Bought by
Mansour Joseph and Mansour Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Oneal Roger L
Bought by
Yerondopoulos Harold G and Yerondopoulos Jacquelin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Pacheco William $735,000 Lawyers Title
Grant Diana -- None Available
Grant Diana $520,000 Lawyers Title
Mansour Joseph S -- None Available
Mansour Joseph -- None Available
Mansour Joseph $515,000 Equity Title Company
Yerondopoulos Harold G $395,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco William $588,000
Previous Owner Grant Diana $390,000
Previous Owner Mansour Joseph $350,000
Previous Owner Yerondopoulos Harold G $316,000
Closed Yerondopoulos Harold G $39,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $735,000 -1.3% $641 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $745,000 +43.3% $650 / Sq Ft
04/03/2015 04/03/15 Sold $520,000 -1.7% $453 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $529,000 -- $461 / 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 $9,603 $795,585 $632,680 $162,905
2024 $9,495 $779,986 $620,275 $159,711
2023 $9,313 $764,693 $608,113 $156,580
2022 $8,879 $749,700 $596,190 $153,510
2021 $6,914 $577,364 $413,038 $164,326
2020 $6,985 $571,445 $408,803 $162,642
2019 $6,706 $560,241 $400,788 $159,453
2018 $6,685 $549,257 $392,930 $156,327
2016 $6,391 $527,930 $377,673 $150,257
2015 $6,428 $531,000 $379,000 $152,000
2014 $6,288 $507,000 $362,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Christian Graham

    Seller's Agent in 2021

    Christian Graham

    Compass

    (310) 230-5478

    1 in this area

    16 Total Sales

    Christian Graham
    Section Image
  • Owen Salkin

    Seller Co-Listing Agent in 2021

    Owen Salkin

    Compass

    (310) 850-0283

    1 in this area

    23 Total Sales

    Owen Salkin
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Weir

  • A

    Seller's Agent in 2015

    Anthony Grimson

    Coldwell Banker Realty

    Section Image
  • Rinde Philippe

    Buyer's Agent in 2015

    Rinde Philippe

    Berkshire Hathaway HomeServices California Properties

    (310) 829-0629

    35 Total Sales

    Rinde Philippe
    Section Image
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Map

Source: The MLS

MLS Number: 21-700984

The MLS

APN: 4118-018-117

California Los Angeles County Playa Del Rey 90293

8515 Falmouth Ave Unit 321, Playa Del Rey, CA

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