NOT LISTED FOR SALE

Estimated Value: $905,945 - $1,079,000

2 Beds
1 Bath
870 Sq Ft
$389/mo HOA Fee

Last Sold July 24, 2020

Last sale price $840,000 $966 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,915/month

14 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Built-In Features
  • Roosevelt Elementary School Rated A+
  • Wood Flooring
  • Walk-In Closet

About This Home

As of July 2020

Ocean breezes, natural light, and privacy make this corner 2 bedroom 1 bath Santa Monica beach condo feel more like a private bungalow home with its own patio entrance and large side patio that leads directly to covered parking. West facing with hardwood floors, beautiful tile, stainless steel appliances, granite countertops, recessed lighting, wood blinds, walk in closet in master bedroom, washer and dryer in unit, and central heat. Prime location just one block south of Montana Ave and walking distance to the beach. Located in the Roosevelt Elementary School district.

Last Agent to Sell the Property

Anton Smirnov

Sotheby's International Realty License #02017875 Listed on: 06/15/2020

Sotheby's International Realty

Co-Listed By

Jeremiah Eden

License #01992220

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,925

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $389 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 870 Sq Ft Home
  • Built-In Features
  • Entryway
  • Dining Area
  • Views of Woods

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4281-017-110

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,925

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: 907 Twelfth Street Owners Association
  • Entry Floor: 1
  • Living Area: 870
  • Lot Acreage: 0.1724
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 1
  • Year Built: 1976
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 918.39

Exterior Features

  • Direction Faces: West
  • Pool: No
  • View: Trees/Woods, Any
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport, Garage
  • Total Parking: 1

Utilities

  • Water Heater: Central Water Heater
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 389.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4281-017-110
  • Geocode Override: No
  • Lot Size Area: 7512

Multi Family

  • Number Of Units: 8

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jun 30, 2020
Sold by
Gerold Doree J and Winant Jeffrey M
Bought by
Zera Matthew William and Zera Emily Anne
Seller's Agent
Anton Smirnov
Sotheby's International Realty
Buyer's Agent
David Yun
Compass
List Price
$799,000
Sold Price
$840,000
Premium/Discount to List
$41,000
5.13%
Current Estimated Value
$1,016,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,832
Avg. Annual Appreciation
3.01%
Original Mortgage
$546,000
Outstanding Balance
$486,120
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$489,366

Purchase Details

Listed on
Feb 23, 2015
Closed on
Mar 18, 2015
Sold by
Sharma Vineett
Bought by
Gerold Doree J and Winant Jeffrey M
Seller's Agent
Kellen Flanigan
KW Advisors
Buyer's Agent
Jonathan Zuaiter
Sotheby's International Realty
List Price
$689,000
Sold Price
$690,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Nov 3, 2010
Sold by
Sharma Vineet and Nguyen Kieu
Bought by
Sharma Vineet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,800
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2007
Sold by
Lee Jaia and Camacho Jennifer
Bought by
Sharma Vineet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Sold by
Trust Shu Stanley K And Cecilia S Trs Sh
Bought by
Camacho Jennifer
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
Zera Matthew William $840,000 Equity Title Company
Gerold Doree J $690,000 Fidelity National Title Co
Sharma Vineet -- Chicago Title
Sharma Vineet $577,500 Fidelity National Title Co
Camacho Jennifer $232,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zera Matthew William $546,000
Previous Owner Sharma Vineet $403,800
Previous Owner Sharma Vineet $190,842
Previous Owner Sharma Vineet $417,000
Previous Owner Camacho Jennifer $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $840,000 +5.1% $966 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $799,000 +15.8% $918 / Sq Ft
03/26/2015 03/26/15 Sold $690,000 +0.1% $793 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $689,000 -- $792 / 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 $10,925 $909,239 $715,161 $194,078
2024 $10,925 $891,412 $701,139 $190,273
2023 $10,748 $873,935 $687,392 $186,543
2022 $10,606 $856,800 $673,914 $182,886
2021 $10,333 $840,000 $660,700 $179,300
2020 $9,409 $758,264 $574,193 $184,071
2019 $9,309 $743,397 $562,935 $180,462
2018 $8,768 $728,822 $551,898 $176,924
2016 $8,445 $700,522 $530,468 $170,054
2015 $7,366 $605,000 $457,000 $148,000
2014 $7,404 $605,000 $457,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-585360

The MLS

APN: 4281-017-110