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2440 Chelsea Place

2440 Chelsea Place, Santa Monica, CA 90404
Property in Mid-City
Sold Dec 14, 2012
$1,310,013
$780,000 by American Pacific Mortgage Corp
Mortgage Due Apr 01, 2036
Sold Sep 30, 2010
$1,085,000
Local assessors in Santa Monica, CA have categorized 2440 Chelsea Place as a residential type of property. The home was built in 1913 and is 111 years old. The property's lot size has been calculated to be 5,192 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 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 2440 Chelsea Place has a total of 2,396 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. 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. Residents rely on air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source. 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, 2440 Chelsea Place was last sold in Oct 14, 2012 for $1,310,013. According to our calculations, that's $546.75 per sqft. Prior to that sales transaction, the property was sold for $1,085,000 in Sep 20, 2010. Current property owners are expected to pay $25,800 in taxes per year. The property on 2440 Chelsea Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,164,032. To break that down further, the land itself was valued at $1,768,680. While improvements to the property were assessed at a total of $395,352. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1913
  • Effective Year Built: 1913
  • Building Count: 2
  • Bedroom Count: 5
  • 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: 5,192
  • Total Building Area: 2,396
  • Building Area: 2,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 2,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHELSEA GREEN TRACT
  • Land Acres: 0.119
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: CHELSEA GREEN LOT/SEC 13 BLK/DIV/TWN 9

Ownership

  • Current Owner : SEVERINO DAVID T
  • Previous Owner : TANAHASHI MOTOKO
  • Owner Before Previous Owner: FILLER YEFIM
  • Owner Before Previous Owner 2: ORTENBERG YEVGENIYA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 41-B5
  • Parcel: 4276-022-012
  • Block: 9
  • Lot: 13
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0327
  • Longitude: -118.476

    Address

  • Full Address: 2440 Chelsea Pl
  • Address - House Number: 2440
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C005
  • 4-Digit Zip Code: 1494
  • Zip Code: 90404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,800
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 2,435,233
  • High Value: 2,996,256
  • Low Value: 1,874,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $780,000
  • 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: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,164,032
  • Assessed Land Value: $1,768,680
  • Assessed Improvements Value: $395,352

    Sales

  • Current Sale Contract Date: Oct 14, 2012
  • Current Sale Recording Date: Dec 14, 2012
  • Current Sale Transaction ID: 1039662431
  • Current Sale Price: $1,310,013
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1936588
  • Previous Sale Recording Date: Sep 30, 2010
  • Previous Sale Contract Date: Sep 20, 2010
  • Previous Sale Amount: $1,085,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SURETY FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 14, 2012
  • First Mortgage Loan Amount: $917,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

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Frequently Asked Questions

What neighborhood is 2440 Chelsea Place located in?
The 2440 Chelsea Place is a located in the neighborhood of Mid-City in Mid-City, Santa Monica.
What is the average sales price for listings in 2440 Chelsea Place?
The average sales price for units in 2440 Chelsea Place is $0 currently.

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