NOT LISTED FOR SALE

938 2nd St Unit 302 Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated Value: $1,398,000 - $1,925,454

2 Beds
2.5 Baths
1,393 Sq Ft
$785/mo HOA Fee

Last Sold December 09, 2022

Last sale price $1,590,000 $1,141 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,903/month

56 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Living Room with Fireplace
  • Roosevelt Elementary School Rated A+
  • Contemporary Architecture
  • 2-minute walk to Palisades Park

About This Home

As of December 2022

Run, don't walk! This luxury condo is up for grabs. Located in prized Santa Monica, 1.5 blocks from the ocean. This light filled 2-bedroom, 3-bathroom condo boasts fully renovated kitchen and bathrooms with high-end fixtures and appliances. The open concept layout features French Panaget engineered hardwood floors throughout, Kitchen appliances, custom window shades and peek-a-boo ocean and treetop views. A true primary bedroom offers plenty of room for relaxation, a large closet and features a dreamy spa-like ensuite with a Japanese soaking tub. The perfect end to a long day. The secondary ensuite bedroom is spacious and offers plenty of storage. A large outdoor patio is perfect for savoring your morning coffee, enjoying dinner with friends, and cherishing the gorgeous Santa Monica sunsets. In-unit washer and dryer, central HVAC, and a secured building with private dedicated side-by-side parking. Nestled in the city of Santa Monica with top-rated schools, steps away from the ocean, 3rd St Promenade, Montana Avenue, public transit, and trendy restaurants. Welcome Home!

Last Agent to Sell the Property

Laura Salgues

The ONE Luxury Properties License #01940236 Listed on: 09/15/2022

Co-Listed By

Fabrizzia Perri

Beverly and Company, Inc. License #01994028

Last Buyer's Agent

Rebecca Hurwitz

Sotheby's International Realty License #02132012

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,295

Year Built

  • Built in 1989

Lot Details

  • 7,501

HOA Fees

  • $785 Monthly HOA Fees

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,393 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Side by Side Parking
  • Automatic Gate
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4292-026-072

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,295

Year Built

Built in 1989

Lot Details

0

HOA Fees

$785 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 938 2nd st
  • Entry Floor: 3
  • Living Area: 1393
  • Lot Acreage: 0.1722
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1989
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood, Tile
  • Appliances: Cooktop - Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Price Per S Q F T: 1141.42

Exterior Features

  • Pool: No
  • View: Tree Top, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Side By Side, Covered Parking, Assigned

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Automatic Gate

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 785.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4292-026-072
  • Lot Size Area: 7500

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 7, 2022
Sold by
Schneider Kerri
Bought by
Schneider John
Seller's Agent
Laura Salgues
The ONE Luxury Properties
Buyer's Agent
Rebecca Hurwitz
Sotheby's International Realty
List Price
$1,829,000
Sold Price
$1,590,000
Premium/Discount to List
-$239,000
-13.07%
Views
34
Current Estimated Value
$1,748,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,864
Avg. Annual Appreciation
3.56%
Original Mortgage
$1,351,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 30, 2022
Sold by
Lin Tesu and Lin Keiko
Bought by
Schneider John
Seller's Agent
Laura Salgues
The ONE Luxury Properties
Buyer's Agent
Rebecca Hurwitz
Sotheby's International Realty
List Price
$1,829,000
Sold Price
$1,590,000
Premium/Discount to List
-$239,000
-13.07%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,351,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2002
Sold by
Baldwin William E and Phillips Chynna
Bought by
Lin Tesu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Trust Phillips Chynna Tr Chynna Phillips
Bought by
Baldwin William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.75%
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
Schneider John -- Old Republic Title
Schneider John $1,590,000 Old Republic Title
Lin Tesu -- California Title Company
Baldwin William E -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider John $1,528,300
Closed Schneider John $1,351,500
Previous Owner Lin Tesu $353,500
Previous Owner Lin Tesu $414,300
Previous Owner Lin Tesu $551,000
Previous Owner Lin Tesu $560,000
Previous Owner Baldwin William E $420,000
Closed Lin Tesu $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $1,590,000 0.0% $1,141 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/05/2022 11/05/22 Price Changed $1,590,000 -6.4% $1,141 / Sq Ft
10/19/2022 10/19/22 Price Changed $1,699,000 -7.1% $1,220 / Sq Ft
09/15/2022 09/15/22 For Sale $1,829,000 -- $1,313 / 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 $19,295 $1,654,235 $1,320,267 $333,968
2024 $19,295 $1,621,800 $1,294,380 $327,420
2023 $19,065 $1,590,000 $1,269,000 $321,000
2022 $11,949 $968,991 $750,633 $218,358
2021 $11,561 $949,992 $735,915 $214,077
2019 $11,442 $921,817 $714,089 $207,728
2018 $10,777 $903,743 $700,088 $203,655
2016 $10,378 $868,651 $672,903 $195,748
2015 $10,242 $855,604 $662,796 $192,808
2014 $10,100 $838,845 $649,813 $189,032
Source: Public Records

Agents Affiliated with this Home

  • Laura Salgues

    Seller's Agent in 2022

    Laura Salgues

    The ONE Luxury Properties

    (310) 755-1071

    3 in this area

    73 Total Sales

    Laura Salgues
    Section Image

  • F

    Seller Co-Listing Agent in 2022

    Fabrizzia Perri

    Beverly and Company, Inc.

    (323) 686-1599

    1 in this area

    9 Total Sales

    Fabrizzia Perri
    Section Image
  • Rebecca Hurwitz

    Buyer's Agent in 2022

    Rebecca Hurwitz

    Sotheby's International Realty

    (323) 593-6999

    1 in this area

    9 Total Sales

    Rebecca Hurwitz
    Section Image
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Map

Source: The MLS

MLS Number: 22-197118

The MLS

APN: 4292-026-072

California Los Angeles County Santa Monica 90403 Wilshire Montana

938 2nd St Unit 302, Santa Monica, CA

This home is located at 938 2nd St Unit 302, Santa Monica, CA 90403 since 15 September 2022 and is currently estimated at $1,748,864, approximately $1,255 per square foot. This property was built in 1989. 938 2nd St Unit 302 is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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