Landlord's Agent in 2023
Melissa Alt
Douglas Elliman of California, Inc.
(424) 202-3232
4 in this area
57 Total Sales
951 Ocean Ave Unit 302 Santa Monica, CA 90403
Wilshire Montana NeighborhoodEstimated Value: $5,308,000 - $5,816,000
2
Beds
2.5
Baths
3,192
Sq Ft
0.86
Acres
Highlights
- Concierge
- Ocean View
- 24-Hour Security
- Roosevelt Elementary School Rated A+
- Fitness Center
- 1-minute walk to Palisades Park
About This Home
As of September 2023Explosive ocean views from this gorgeous home located in a premier concierge building along Ocean Avenue. Luxurious master suite with his/hers bath reminiscent of the Four Seasons. Huge closets. Junior Master suite. Eat-in gourmet kitchen with wine storage. Private entry way leads to circular dining room, with limestone floors. Office with built-in cabinets and desk. Large covered patio faces the ocean. Amenities include pool, spa, gym and elegant community room. Close to shops and restaurants along Montana Avenue and the 3rd Street Promenade.
Last Agent to Rent the Property
Douglas Elliman of California, Inc. License #01019836 Listed on: 04/28/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $30,772
Year Built
- Built in 1997
Lot Details
- 0.86
Property Views
- Ocean
- Coastline
Home Design
- Contemporary Architecture
Interior Spaces
- 3,192 Sq Ft Home
- 4-Story Property
- Built-In Features
- Gas Fireplace
- Entryway
- Living Room with Fireplace
- 2 Fireplaces
- Dining Area
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Carpet
- Marble
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Side by Side Parking
- Gated Parking
- Parking Garage Space
Pool
- In Ground Pool
- Spa
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Phone System
Listing and Financial Details
- Security Deposit $30,000
- Tenant pays for cable TV, electricity, gas, insurance, move in fee, move out fee, water
- 12 Month Lease Term
- Assessor Parcel Number 4292-026-085
Community Details
Overview
- 16 Units
Amenities
- Concierge
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2015
Sold by
Messina Dana
Bought by
Messina Dan and Messina Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 27, 2004
Sold by
Messina Dana David
Bought by
Messina Dana and Messina Living Trust
Purchase Details
Closed on
Jan 31, 2000
Sold by
951 Ocean Llc
Bought by
Messina Dana David
Purchase Details
Closed on
Apr 6, 1998
Sold by
951 Ocean Llc
Bought by
Messina Dana David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,660,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Messina Dan | -- | Fidelity National Title | |
| Messina Dana | -- | -- | |
| Messina Dana David | -- | Stewart Title | |
| Messina Dana David | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Messina Living Trust | $13,000,000 | |
| Closed | Messina Living Trust | $2,085,000 | |
| Closed | Messina Living Trust | $3,700,000 | |
| Closed | Messina Living Trust | $3,000,000 | |
| Closed | Messina Dan | $2,500,000 | |
| Closed | Messina Dana | $1,000,000 | |
| Previous Owner | Messina Dana David | $1,660,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Rented | $14,000 | -6.7% | -- |
| 06/15/2023 06/15/23 | Price Changed | $15,000 | -14.3% | $5 / Sq Ft |
| 04/28/2023 04/28/23 | For Rent | $17,500 | +25.0% | -- |
| 05/11/2022 05/11/22 | Rented | $14,000 | 0.0% | -- |
| 03/24/2022 03/24/22 | For Rent | $14,000 | +16.7% | -- |
| 07/07/2020 07/07/20 | Rented | $12,000 | -14.3% | -- |
| 07/07/2020 07/07/20 | Under Contract | -- | -- | -- |
| 12/03/2019 12/03/19 | For Rent | $14,000 | +12.0% | -- |
| 02/09/2018 02/09/18 | Rented | $12,500 | -10.7% | -- |
| 01/23/2018 01/23/18 | Under Contract | -- | -- | -- |
| 01/03/2018 01/03/18 | For Rent | $14,000 | -12.5% | -- |
| 01/05/2016 01/05/16 | Rented | $16,000 | 0.0% | -- |
| 09/08/2015 09/08/15 | For Rent | $16,000 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $30,772 | $2,650,626 | $2,019,914 | $630,712 |
| 2024 | $30,772 | $2,598,654 | $1,980,308 | $618,346 |
| 2023 | $30,279 | $2,547,701 | $1,941,479 | $606,222 |
| 2022 | $29,909 | $2,497,747 | $1,903,411 | $594,336 |
| 2021 | $29,179 | $2,448,773 | $1,866,090 | $582,683 |
| 2019 | $28,693 | $2,376,143 | $1,810,742 | $565,401 |
| 2018 | $26,999 | $2,329,553 | $1,775,238 | $554,315 |
| 2016 | $26,015 | $2,239,096 | $1,706,304 | $532,792 |
| 2015 | $25,680 | $2,205,463 | $1,680,674 | $524,789 |
| 2014 | -- | $2,162,262 | $1,647,752 | $514,510 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Alt
-
Michael Hiatt
Tenant's Agent in 2023
Michael Hiatt
Sotheby's International Realty
(310) 613-4455
7 Total Sales
-
Betsy Smith
Seller Co-Listing Agent in 2022
Betsy Smith
Douglas Elliman of California, Inc.
(310) 707-8922
2 in this area
20 Total Sales
-
Richard Stearns
Buyer's Agent in 2022
Richard Stearns
Compass
(310) 850-9284
6 in this area
77 Total Sales
-
Jessica Solomon
Buyer's Agent in 2020
Jessica Solomon
Douglas Elliman of California, Inc.
(310) 866-6209
9 Total Sales
-
Tracey Hennessey
Buyer's Agent in 2018
Tracey Hennessey
Compass
(310) 779-6375
4 in this area
24 Total Sales
Map
Source: The MLS
MLS Number: 23-264717
APN: 4292-026-085
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