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2701 4th Street

2701 4th Street, Santa Monica, CA 90405
Property in Ocean Park
Sold Apr 20, 2012
$735,000
$645,558 by First Republic Bank
Mortgage Due May 01, 2049
Local assessors in Santa Monica, CA have categorized 2701 4th Street as a residential type of property. The home was built in 1939 and is 85 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 2,839 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 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 2701 4th Street has a total of 1,065 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 good. 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 - A. The building has a roof that is 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. 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, 2701 4th Street was last sold in Mar 30, 2012 for $735,000. According to our calculations, that's $690.14 per sqft. Current property owners are expected to pay $11,331 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2701 4th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $931,088. To break that down further, the land itself was valued at $709,877. While improvements to the property were assessed at a total of $221,211. 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. 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. 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.

Building Features

Parking

Covered Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,839
  • Total Building Area: 1,065
  • Building Area: 1,065
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,065
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STONEHAM TRACT
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONEHAM TRACT SW 66.16 FT OF LOT 1 AND SW 66.16 FT OF NW 10.10 FT OF LOT/SEC 2 BLK/DIV/TWN A

Ownership

  • Current Owner : GARBO LORENZO
  • Current Owner 2: NOVAK MICHAEL S
  • Previous Owner : EGMON MARK ALAN
  • Previous Owner 2: THE SHANNON KERNS LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702102

Zoning

  • Zoning: SMOP2*

Geography

  • Assessors Map Reference: 49-B2
  • Parcel: 4287-021-001
  • Block: A
  • Lot: 1
  • Municipality: WEST /SM/OCEAN PARK
  • Latitude: 34.0027
  • Longitude: -118.48

    Address

  • Full Address: 2701 4th St
  • Address - House Number: 2701
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C021
  • 4-Digit Zip Code: 4205
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,331
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 2,094,335
  • High Value: 2,236,252
  • Low Value: 1,952,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $645,558
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Apr 05, 2019
  • First Open Lien Mortgage Loan Amount: $645,558
  • 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: May 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $931,088
  • Assessed Land Value: $709,877
  • Assessed Improvements Value: $221,211

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Apr 20, 2012
  • Current Sale Transaction ID: 1030830099
  • Current Sale Price: $735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0592388

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 20, 2012
  • First Mortgage Loan Amount: $588,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

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Frequently Asked Questions

What neighborhood is 2701 4th Street located in?
The 2701 4th Street is a located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
What is the average sales price for listings in 2701 4th Street?
The average sales price for units in 2701 4th Street is $0 currently.

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