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1020 Pine Street

1020 Pine Street, Santa Monica, CA 90405
Property in Sunset Park
Sold Apr 25, 2001
$520,000
$693,000 by United Wholesale Mortgage
Mortgage Due Mar 01, 2036
1020 Pine Street has been categorized by the local assessors in Santa Monica, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 1020 Pine Street has 4,022 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,456 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1020 Pine Street was last sold in Mar 19, 2001 for $520,000. According to our calculations, that's $129.29 per sqft. Current property owners are expected to pay $14,694 in taxes per year. The property on 1020 Pine Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,205,073. To break that down further, the land itself was valued at $753,124. While improvements to the property were assessed at a total of $451,949. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,456
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,022
  • Building Area: 4,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2261
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2261 LOT/SEC 12

Ownership

  • Current Owner : CHEN STEPHEN
  • Previous Owner : MORGAN BETTY R
  • Previous Owner 2: NEWLANDS ROBERT R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702201

Zoning

  • Zoning: SMR1*

Geography

  • Assessors Map Reference: 49-B2
  • Subdivision Tract Number: 2261
  • Parcel: 4284-010-004
  • Lot: 12
  • Municipality: WEST /SM/OCEAN PARK
  • Latitude: 34.0091
  • Longitude: -118.476

    Address

  • Full Address: 1020 Pine St
  • Address - House Number: 1020
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C024
  • 4-Digit Zip Code: 3924
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,694
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,241,613
  • High Value: 3,989,201
  • Low Value: 2,494,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $693,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $693,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,205,073
  • Assessed Land Value: $753,124
  • Assessed Improvements Value: $451,949

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2001
  • Current Sale Recording Date: Apr 25, 2001
  • Current Sale Transaction ID: 1008470619
  • Current Sale Price: $520,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 01-0700797

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN MTG
  • First Mortgage Transaction Date: Apr 25, 2001
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2031
  • Second Mortgage Loan Amount: $52,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Sunset Park



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Frequently Asked Questions

What neighborhood is 1020 Pine Street located in?
The 1020 Pine Street is a located in the neighborhood of Sunset Park in Sunset Park, Santa Monica.
What is the average sales price for listings in 1020 Pine Street?
The average sales price for units in 1020 Pine Street is $0 currently.

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