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1045 23rd Street

1045 23rd Street, Santa Monica, CA 90403
Sold Sep 19, 2017
$3,800,000
$2,076,000 by Bank Of America Na
Mortgage Due Sep 01, 2050
Sold Jul 02, 2014
$3,300,000
Local assessors in Santa Monica, CA have categorized 1045 23rd Street as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 6,207 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 470 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1045 23rd Street has a total of 3,265 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1045 23rd Street sold most recently in Aug 31, 2017 for a total of $3,800,000. If you work out the math, that's approximately a cost of $1,163.86 per sqft. Before that, the property was also sold for $3,300,000 in Jun 20, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $48,410 in taxes each year. 1045 23rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,155,852. If we break it down further, the land itself was valued at $2,698,680. Improvements to the property, however, were assessed at a total of $1,457,172. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,207
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 470
  • Total Building Area: 3,265
  • Building Area: 3,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5239
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5239 LOT/SEC 28 BLK/DIV/TWN 5

Ownership

  • Current Owner : CHEN STEAVEN
  • Current Owner 2: CHEN JACQUELYN
  • Previous Owner : SILVERTON SHERI
  • Owner Before Previous Owner: DHA DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701601

Zoning

  • Zoning: SMR1*

Geography

  • Assessors Map Reference: 41-B5
  • Subdivision Tract Number: 5239
  • Parcel: 4277-021-028
  • Block: 5
  • Lot: 28
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0353
  • Longitude: -118.482

    Address

  • Full Address: 1045 23rd St
  • Address - House Number: 1045
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C022
  • 4-Digit Zip Code: 4519
  • Zip Code: 90403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,410
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 5,088,499
  • High Value: 6,282,116
  • Low Value: 3,894,882

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,027,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 25, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,076,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Aug 10, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $951,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Aug 10, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,155,852
  • Assessed Land Value: $2,698,680
  • Assessed Improvements Value: $1,457,172

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 19, 2017
  • Current Sale Transaction ID: 1736022461
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1065538
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Contract Date: Jun 20, 2014
  • Previous Sale Amount: $3,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Sep 19, 2017
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 1045 23rd Street located in?
The 1045 23rd Street is a house located in the neighborhood of Northeast Santa Monica in Northeast Santa Monica, Santa Monica.
What is the average sales price for listings in 1045 23rd Street?
The average sales price for units in 1045 23rd Street is $0 currently.

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