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1318 Harvard Street

1318 Harvard Street, Santa Monica, CA 90404
Property in Mid-City
Sold Jul 18, 2006
$1,190,000
$585,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2036
Sold May 06, 2005
$990,000
$643,500 by First Capital
Mortgage Due May 01, 2035
1318 Harvard Street in Santa Monica, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1318 Harvard Street has 3,184 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. In total, the area measurement of the land is 5,609 square feet.

Learn more about the property and building on this page. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 1318 Harvard Street was last sold in May 25, 2006 for $1,190,000. According to our calculations, that's $373.74 per sqft. Prior to that sales transaction, the property was sold for $990,000 in Apr 25, 2005. Current property owners are expected to pay $18,621 in taxes per year. The property on 1318 Harvard Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,532,426. To break that down further, the land itself was valued at $1,158,982. While improvements to the property were assessed at a total of $373,444. 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. 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!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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,609
  • Total Building Area: 3,184
  • Gross Building Area: 3,184
  • Building Area: 3,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1616
  • Land Acres: 0.129
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 1616 LOT/SEC 8

Ownership

  • Current Owner : KEYVAN YASMIN
  • Previous Owner : RAMIREZ LAMBERTO L
  • Owner Before Previous Owner: F & M PROPERTIES LTD LP
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701602

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 41-B5
  • Subdivision Tract Number: 1616
  • Parcel: 4267-009-008
  • Lot: 8
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0355
  • Longitude: -118.474

    Address

  • Full Address: 1318 Harvard St
  • Address - House Number: 1318
  • Address - Street Name: Harvard
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C029
  • 4-Digit Zip Code: 2427
  • Zip Code: 90404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,621
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,285,060
  • High Value: 2,795,781
  • Low Value: 1,774,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $585,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $585,000
  • 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: Dec 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,532,426
  • Assessed Land Value: $1,158,982
  • Assessed Improvements Value: $373,444

    Sales

  • Current Sale Contract Date: May 25, 2006
  • Current Sale Recording Date: Jul 18, 2006
  • Current Sale Transaction ID: 1008345582
  • Current Sale Price: $1,190,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1575754
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Contract Date: Apr 25, 2005
  • Previous Sale Amount: $990,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY SAVINGS & LOAN ASSOCIAT
  • First Mortgage Transaction Date: Jul 18, 2006
  • First Mortgage Loan Amount: $801,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL
  • Previous Mortgage Transaction Date: May 06, 2005
  • Previous Mortgage Loan Amount: $643,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2035

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Frequently Asked Questions

What neighborhood is 1318 Harvard Street located in?
The 1318 Harvard Street is a located in the neighborhood of Mid-City in Mid-City, Santa Monica.
What is the average sales price for listings in 1318 Harvard Street?
The average sales price for units in 1318 Harvard Street is $0 currently.

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