514 Ocean Park Boulevard

514 Ocean Park Boulevard has been categorized by the local assessors in Santa Monica, CA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 1958. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 514 Ocean Park Boulevard has 2,010 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,725 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The inside of the home is being cooled with air conditioning at the moment. 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, 514 Ocean Park Boulevard was last sold in Mar 15, 2022 for $2,600,000. According to our calculations, that's $1,293.53 per sqft. Prior to that sales transaction, the property was sold for $1,682,403 in Jan 16, 2018. Current property owners are expected to pay $20,841 in taxes per year. The property on 514 Ocean Park Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,652,000. To break that down further, the land itself was valued at $1,856,400. While improvements to the property were assessed at a total of $795,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.