3507 Ocean Front Walk

Local assessors in Marina Del Rey, CA have categorized 3507 Ocean Front Walk as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 7,283 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 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 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3507 Ocean Front Walk has a total of 5,462 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 - D. 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, 3507 Ocean Front Walk was last sold in May 31, 2023 for $5,000,000. According to our calculations, that's $915.42 per sqft. Prior to that sales transaction, the property was sold for $3,750,000 in May 5, 2010. Current property owners are expected to pay $53,164 in taxes per year. The property on 3507 Ocean Front Walk was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,617,850. To break that down further, the land itself was valued at $3,386,425. While improvements to the property were assessed at a total of $1,231,425. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.