NOT LISTED FOR SALE

Estimated Value: $263,674 - $297,000

1 Bed
1 Bath
550 Sq Ft
$414/mo HOA Fee

Last Sold August 21, 2020

Last sale price $201,500 $366 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,229/month

386 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Combination Dining and Living Room
  • Balcony
  • Central Heating and Cooling System
  • 1 Car Garage

About This Home

As of August 2020

SELLER MOTIVATED! BRIGHT & SPACIOUS CORNER UNIT ON SECOND FLOOR WITH BALCONY AND GATED PARKING. THIS 1BED/1BATH FEATURES AN OPEN KITCHEN WITH DISHWASHER & SEPARATE DINING AREA. TILE CERAMIC FLOORS THROUGHOUT, NEW CENTRAL A/C, AMPLE CLOSETS, WASHER/DRYER IN UNIT AND NINE FOOT CEILINGS WITH TONS OF WINDOWS. FEELS BIGGER THAN TAX ROLL. BUILDING ALLOWS RENTING. LOCATED STEPS FROM LINCOLN ROAD, MOVIE THEATER, SUNSET HARBOR AND BLOCKS TO THE BEACH. THE SANTA MONICA IS IN THE CENTER OF ALL ACTION AND IS ONE OF THE FINEST RESTORATION OF A 1924 MEDITERRANEAN TREASURE WITH LOTS OF CHARM, TROPICAL LANDSCAPING & SECURED ENTRANCE

Last Agent to Sell the Property

Araceli Kaba

Smart Luxe License #3128610 Listed on: 06/22/2019

Last Buyer's Agent

Damian Grass

Grass Tamayo Real Estate Group LLC License #3345206

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1924

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 550 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Property Views

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Southwest Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-107-0110

Community Details

Overview

  • 12 Units
  • Santa Monica Condos
  • Santa Monica Subdivision

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,154

Year Built

Built in 1924

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SANTA MONICA
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 550
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SANTA MONICA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 414
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-107-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 414
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Aug 6, 2020
Sold by
Yamin Karen
Bought by
Lang Julia B and The Julia B Lang Revocable Tru
Seller's Agent
Araceli Kaba
Smart Luxe
Buyer's Agent
Damian Grass
Grass Tamayo Real Estate Group LLC
List Price
$279,000
Sold Price
$201,500
Premium/Discount to List
-$77,500
-27.78%
Current Estimated Value
$277,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,169
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Dec 19, 1997
Sold by
1523 West Avenue Associates Inc
Bought by
Yamin Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,200
Interest Rate
7.26%
Mortgage Type
New Conventional
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
Lang Julia B $201,500 Attorney
Yamin Karen $85,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yamin Karen $130,000
Previous Owner Yamin Karen $95,000
Previous Owner Yamin Karen $68,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $201,500 -11.6% $366 / Sq Ft
02/20/2020 02/20/20 Price Changed $228,000 -8.1% $415 / Sq Ft
10/31/2019 10/31/19 Price Changed $248,000 -11.1% $451 / Sq Ft
06/17/2019 06/17/19 For Sale $279,000 0.0% $507 / Sq Ft
08/03/2013 08/03/13 Rented $1,400 +3.7% --
08/03/2013 08/03/13 For Rent $1,350 -- --
Source: MIAMI REALTORS® 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 $3,772 $218,589 -- --
2024 $3,443 $198,718 -- --
2023 $3,443 $180,653 $0 $0
2022 $3,223 $164,230 $0 $0
2021 $2,883 $149,300 $0 $0
2020 $3,043 $157,200 $0 $0
2019 $3,385 $174,700 $0 $0
2018 $3,285 $174,720 $0 $0
2017 $3,298 $172,257 $0 $0
2016 $3,175 $156,598 $0 $0
2015 $3,067 $142,362 $0 $0
2014 $2,629 $129,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10692749

MIAMI REALTORS® MLS

APN: 02-3234-107-0110