NOT LISTED FOR SALE

Estimated Value: $1,358,000 - $1,616,000

3 Beds
2.5 Baths
1,338 Sq Ft
$1,114/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $1,310,000 $979 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,079/month

12 Days on Market

Highlights

  • Gated Community
  • 0.86 Acre Lot
  • Bonus Room
  • Roosevelt Elementary School Rated A+
  • Contemporary Architecture
  • Meeting Room

About This Home

As of July 2021

PRICED TO SELL! Tucked away from the street in a quiet, lushly landscaped building aptly named "The Pines", this 3BR townhouse is the perfect home for those seeking the beachy lifestyle without sacrificing the best of city living. The open living room with fireplace, is ideal for entertaining as it opens to a large patio conducive to al fresco dining. The kitchen and dining area are flooded with light. There are 3 bedrooms upstairs. The bright and airy master has a vaulted ceiling, a balcony, and a large en-suite bath. Two additional bedrooms and full bath complete the second level. An exceptional bonus is a lower level Media Rm/gym appreciated by all. This townhome has a private 2-car garage. Close to the chic boutiques and restaurants on Montana Avenue, the beach, and the allure of Santa Monica, this is the ideal private haven. Seller prefers short escrow, 'AS IS', no loan contingency and a leaseback through August 20th. Please submit all offers by Friday, 6/11 @ 9 AM. Also Buyer to provide complete verification of Buyer's financial ability to purchase the property and a letter of introduction. A Special Assessment of $1400 is due November 1, 2021.

Last Agent to Sell the Property

Mary Lu Tuthill

Coldwell Banker Realty License #00556630 Listed on: 06/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Janet Heinzle

Douglas Elliman of California, Inc. License #02080077

Douglas Elliman of California, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,409

Year Built

  • Built in 1974

Lot Details

  • 0.86

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,338 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Enclosed Patio or Porch
  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4281-010-058

Community Details

Overview

  • Association fees include earthquake insurance, water
  • 32 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Meeting Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,409

Year Built

Built in 1974

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Pines
  • Entry Floor: 1
  • Living Area: 1338
  • Lot Acreage: 0.8609
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Linoleum
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dryer, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 743.65

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Private Garage
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Conference, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: $1400 due 11/1/21
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Water
  • HOA Fees: 525.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4281-010-058
  • Lot Size Area: 37499

Multi Family

  • Number Of Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 7, 2021
Sold by
Reager Heidi
Bought by
Rainsford Joseph and Rainsford Jane
Seller's Agent
Mary Lu Tuthill
Coldwell Banker Realty
Buyer's Agent
Janet Heinzle
Douglas Elliman of California, Inc.
List Price
$995,000
Sold Price
$1,310,000
Premium/Discount to List
$315,000
31.66%
Current Estimated Value
$1,502,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,474
Avg. Annual Appreciation
3.21%
Original Mortgage
$822,375
Outstanding Balance
$749,405
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$741,267
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
Rainsford Joseph $1,310,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainsford Joseph $822,375
Closed Rainsford Joseph $291,125
Previous Owner Reager Heidi G $116,882
Previous Owner Reager Heidi $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $1,310,000 +31.7% $979 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $995,000 -24.0% $744 / Sq Ft
06/07/2021 06/07/21 Off Market $1,310,000 -- --
06/03/2021 06/03/21 For Sale $995,000 -- $744 / 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 $16,409 $1,390,180 $1,112,145 $278,035
2024 $16,409 $1,362,923 $1,090,339 $272,584
2023 $16,145 $1,336,200 $1,068,960 $267,240
2022 $15,940 $1,310,000 $1,048,000 $262,000
2021 $4,044 $301,973 $125,908 $176,065
2020 $4,013 $298,877 $124,617 $174,260
2019 $3,963 $293,018 $122,174 $170,844
2018 $3,733 $287,274 $119,779 $167,495
2016 $3,574 $276,121 $115,129 $160,992
2015 $3,524 $271,974 $113,400 $158,574
2014 $3,485 $266,647 $111,179 $155,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-735740

The MLS

APN: 4281-010-058