NOT LISTED FOR SALE

Estimated Value: $1,682,000 - $2,551,000

2 Beds
2.5 Baths
1,955 Sq Ft
7,405 Sq Ft Lot

Last Sold September 23, 2015

Last sale price $1,504,000 $769 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,733/month

9 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Fireplace in Primary Bedroom
  • Roosevelt Elementary School Rated A+
  • City View
  • Built-In Features

About This Home

As of September 2015

Stunning, light-filled, top floor architectural condo with high ceilings, incredible light & space. Surprisingly expansive and private, 2 bedrooms / 2.5 baths condo with loft, den / office / 3rd bedroom. Exquisite interior decor that will make your fussiest buyer melt with envy. Ideal Santa Monica location, close to Montana Avenue, Ocean Avenue & 3rd Street Promenade. Eat-in kitchen opens to great room with soaring ceilings & tall windows, with views from every level and direction. Elegant master with fireplace, high ceilings & walk-ins. Huge loft has den / lounge area with fireplace + built-in office area and huge barrel-shaped skylight. Start your day basking in morning sun on the balcony off the kitchen. Watch the sunset from the private rooftop deck with canopy overlooking mountain, city & partial ocean views. Ideal for warm indoor-outdoor entertaining. Windows on 3 sides yields cross-breezes & light in every room. Inside Washer / Dryer. Two Side / Side parking spaces.

Last Agent to Sell the Property

Mike Gruning

Compass License #01792874 Listed on: 07/16/2015

Co-Listed By

Magda Rodriguez

Compass License #00837207

Last Buyer's Agent

Duncan Watson

Compass License #01884393

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,782

Year Built

  • Built in 1981

Lot Details

  • Gated Home

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,955 Sq Ft Home
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Carpet
  • City Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Side by Side Parking
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 4292-007-046

Community Details

Overview

  • 6 Units
  • Maintained Community

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,782

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 928 7th St.
  • Entry Floor: 3
  • Living Area: 1955
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Great Room, Living Room, Master Bedroom
  • Flooring: Carpet, Mixed
  • Bedrooms: 2
  • Fireplaces: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Elevator, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 713.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Gated Underground, Side By Side, Subterr Side by Side

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 400.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4292-007-046
  • Geocode Override: No
  • Lot Size Area: 7492

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Jul 31, 2015
Sold by
Marais Elisabeth Des
Bought by
Klein David J and Bogart Laura M
Seller's Agent
Mike Gruning
Compass
Buyer's Agent
Duncan Watson
Compass
List Price
$1,395,000
Sold Price
$1,504,000
Premium/Discount to List
$109,000
7.81%
Current Estimated Value
$2,064,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,676
Avg. Annual Appreciation
3.28%
Original Mortgage
$1,052,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Phillips Alan J and Boster Phillips Barbara
Bought by
Marais Elisabeth Des

Purchase Details

Closed on
May 2, 2001
Sold by
Phillips Alan J
Bought by
Phillis Alan J and Boster Phillips Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 1996
Sold by
Phillips Alan J and Von Morganroth Lois
Bought by
Phillips Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.85%
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
Klein David J $1,504,000 Fidelity National Title Co
Marais Elisabeth Des $1,200,000 Equity Title Company
Phillis Alan J -- Fidelity National Title Co
Phillips Alan J -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein David J $946,192
Previous Owner Klein David J $1,052,800
Previous Owner Desmarais Elisabeth $100,000
Previous Owner Phillips Alan J $100,000
Previous Owner Phillips Alan J $262,000
Previous Owner Phillis Alan J $100,000
Previous Owner Phillips Alan J $285,000
Previous Owner Phillips Alan J $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $1,504,000 +7.8% $769 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $1,395,000 -- $714 / 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 $20,782 $1,780,426 $1,400,667 $379,759
2024 $20,782 $1,745,516 $1,373,203 $372,313
2023 $20,447 $1,711,291 $1,346,278 $365,013
2022 $20,191 $1,677,737 $1,319,881 $357,856
2021 $19,692 $1,644,841 $1,294,001 $350,840
2019 $19,359 $1,596,056 $1,255,621 $340,435
2018 $18,222 $1,564,761 $1,231,001 $333,760
2016 $17,557 $1,504,000 $1,183,200 $320,800
2015 $15,473 $1,311,492 $989,086 $322,406
2014 $15,250 $1,285,803 $969,712 $316,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-922261

The MLS

APN: 4292-007-046