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1307 Pearl Street

1307 Pearl Street, Santa Monica, CA 90405
Property in Sunset Park
Sold Nov 16, 2021
$2,150,000
$1,720,000 by Wintrust Mortgage
Mortgage Due Dec 01, 2051
1307 Pearl Street in Santa Monica, CA was first built in 1927 and is 97 years old. Although, the building on the property was most recently renovated and altered in 1933. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1307 Pearl Street has 1,565 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,836 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1307 Pearl Street sold most recently in Oct 19, 2021 for a total of $2,150,000. If you work out the math, that's approximately a cost of $1,373.80 per sqft. 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 $1,963 in taxes each year. 1307 Pearl Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,679,479. If we break it down further, the land itself was valued at $1,040,789. Improvements to the property, however, were assessed at a total of $638,690. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Driveway

Driveway

Parking

Detached Garage
On-Street Parking
Permit Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,836
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,565
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST SANTA MONICA
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST SANTA MONICA SW 45.05 FT EX OF ST OF LOT/SEC 27 BLK/DIV/TWN 40

Ownership

  • Current Owner : LEBER ROBERT GREG
  • Current Owner 2: LEBER AMY GEBEL
  • Previous Owner : SPARKS JAMES E
  • Previous Owner 2: HUTCHINSON CAROLINE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Living Trust

Neighborhood

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

Zoning

  • Zoning: SMR1*

Geography

  • Assessors Map Reference: 49-B1
  • Parcel: 4284-030-020
  • Block: 40
  • Lot: 27
  • Municipality: WEST /SM/OCEAN PARK
  • Latitude: 34.0128
  • Longitude: -118.475

    Address

  • Full Address: 1307 Pearl St
  • Address - House Number: 1307
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C024
  • 4-Digit Zip Code: 2605
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,963
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,906,933
  • High Value: 2,336,372
  • Low Value: 1,477,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,720,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Loan Amount: $1,720,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,679,479
  • Assessed Land Value: $1,040,789
  • Assessed Improvements Value: $638,690

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11867258927
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1699086

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $1,720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Sunset Park



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Frequently Asked Questions

What neighborhood is 1307 Pearl Street located in?
The 1307 Pearl Street is a located in the neighborhood of Sunset Park in Sunset Park, Santa Monica.
What is the average sales price for listings in 1307 Pearl Street?
The average sales price for units in 1307 Pearl Street is $0 currently.

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