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204 Marguerita Avenue

204 Marguerita Avenue, Santa Monica, CA 90402
Property in North of Montana
Refi Nov 04, 2013
Transfer
$2,000,000 by East West Bank
Mortgage Due Oct 03, 2038
Local assessors in Santa Monica, CA have categorized 204 Marguerita Avenue as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1978. The property's lot size has been calculated to be 12,422 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 1 rooms in the home. Of these, 3 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 204 Marguerita Avenue has a total of 4,321 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - D. The home's a central heating system is the primary heating source. 204 Marguerita Avenue was last assessed in 2023. The total value of the property was assessed at $519,738. Specifically, the land the property is located on was valued at $192,050. While improvements on the property were assessed at a total of $327,688. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,075. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,422
  • Total Building Area: 4,321
  • Building Area: 4,321
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,321
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24924
  • Land Acres: 0.285
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 24924 LOT/SEC 6

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701304

Zoning

  • Zoning: SMR1*

Geography

  • Assessors Map Reference: 40-E6
  • Subdivision Tract Number: 24924
  • Parcel: 4293-008-042
  • Lot: 6
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0256
  • Longitude: -118.509

    Address

  • Full Address: 204 Marguerita Ave
  • Address - House Number: 204
  • Address - Street Name: Marguerita
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C010
  • 4-Digit Zip Code: 1622
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,075
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,936,760
  • High Value: 2,365,325
  • Low Value: 1,508,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 03, 2038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,738
  • Assessed Land Value: $192,050
  • Assessed Improvements Value: $327,688

About North of Montana



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Frequently Asked Questions

What neighborhood is 204 Marguerita Avenue located in?
The 204 Marguerita Avenue is a located in the neighborhood of North of Montana in North of Montana, Santa Monica.
What is the average sales price for listings in 204 Marguerita Avenue?
The average sales price for units in 204 Marguerita Avenue is $0 currently.

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