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492 East Channel Road

492 East Channel Road, Santa Monica, CA 90402
Sold Jul 01, 2014
$2,461,000
$1,968,800 by Compass Bank
Mortgage Due Jul 01, 2044
Sold Nov 17, 2011
$1,825,018
$1,460,000 by Union Bank Na
Mortgage Due Dec 01, 2051
Local assessors in Santa Monica, CA have categorized 492 East Channel Road as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 6,021 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 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 492 East Channel Road has a total of 1,927 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. The building has a gable style roof that was made of roll composition. 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, 492 East Channel Road was last sold in May 20, 2014 for $2,461,000. According to our calculations, that's $1,277.11 per sqft. Prior to that sales transaction, the property was sold for $1,825,018 in Nov 8, 2011. Current property owners are expected to pay $32,726 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 492 East Channel Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,842,894. To break that down further, the land itself was valued at $2,186,292. While improvements to the property were assessed at a total of $656,602. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1923
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,021
  • Lot Size Depth Feet: 320
  • Total Building Area: 1,927
  • Building Area: 1,927
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,927
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24690
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR LOT A TRACT NO 24690 AND LOT 516 AND POR OF LOT 517 TRACT NO 1719

Ownership

  • Current Owner : THIERRY ANDREW
  • Current Owner 2: THIERRY RIMA
  • Previous Owner : PLOFKER RICHARD BRUCE
  • Previous Owner 2: EGGERS PLOFKER MARY JANE
  • Owner Before Previous Owner: MALLOY EMMETT J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262802

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 40-E5
  • Subdivision Tract Number: 24690,1719
  • Parcel: 4410-026-009
  • Lot: A
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0332
  • Longitude: -118.512

    Address

  • Full Address: 492 E Channel Rd
  • Address - House Number: 492
  • Street Direction: E
  • Address - Street Name: Channel
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C002
  • 4-Digit Zip Code: 1339
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,726
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 4,526,067
  • High Value: 5,584,397
  • Low Value: 3,467,737

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,214,800
  • First Open Lien Mortgage Lender: COMPASS BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2014
  • First Open Lien Mortgage Loan Amount: $1,968,800
  • 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: Jul 01, 2044
  • Second Open Lien Mortgage Lender: COMPASS BANK
  • Second Open Lien Mortgage Recording Date: Aug 11, 2014
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $246,000
  • Second Open Lien Mortgage Term: 418
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 26, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,842,894
  • Assessed Land Value: $2,186,292
  • Assessed Improvements Value: $656,602

    Sales

  • Current Sale Contract Date: May 20, 2014
  • Current Sale Recording Date: Jul 01, 2014
  • Current Sale Transaction ID: 1029169875
  • Current Sale Price: $2,461,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0679867
  • Previous Sale Recording Date: Nov 17, 2011
  • Previous Sale Contract Date: Nov 08, 2011
  • Previous Sale Amount: $1,825,018
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS BANK
  • First Mortgage Transaction Date: Jul 01, 2014
  • First Mortgage Loan Amount: $1,968,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK NA
  • Previous Mortgage Transaction Date: Nov 17, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,460,000
  • Previous Mortgage Term: 480
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 492 East Channel Road located in?
The 492 East Channel Road is a located in the neighborhood of Pacific Palisades in West Los Angeles, Santa Monica.
What is the average sales price for listings in 492 East Channel Road?
The average sales price for units in 492 East Channel Road is $0 currently.

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