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732 Raymond Avenue

732 Raymond Avenue, Santa Monica, CA 90405
Property in Ocean Park
Sold Nov 08, 2021
$2,600,000
$750,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold Apr 01, 2016
$2,407,500
732 Raymond Avenue in Santa Monica, CA was first built in 1993 and is 31 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 732 Raymond Avenue has 3,266 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 5,650 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 732 Raymond Avenue sold most recently in Oct 18, 2021 for a total of $2,600,000. If you work out the math, that's approximately a cost of $796.08 per sqft. Before that, the property was also sold for $2,407,500 in Mar 14, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $31,298 in taxes each year. 732 Raymond Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,652,000. If we break it down further, the land itself was valued at $2,121,600. Improvements to the property, however, were assessed at a total of $530,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,650
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,266
  • Building Area: 3,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN PARK TERRACE TRACT
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OCEAN PARK TERRACE TR LOT/SEC 92 BLK/DIV/TWN D

Ownership

  • Current Owner : GELLER JOSHUA
  • Current Owner 2: GELLER DANIELLA
  • Previous Owner : SNUKAL ROBERT M
  • Previous Owner 2: SNUKAL SHEILA S
  • Owner Before Previous Owner: SUAREZ JAMES SCOTT
  • Owner Before Previous Owner 2: SUAREZ ROXANNE
  • Ownership Rights Codes: Family Trust

Neighborhood

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

Zoning

  • Zoning: SMOP2*

Geography

  • Assessors Map Reference: 49-B2
  • Parcel: 4287-017-015
  • Block: D
  • Lot: 92
  • Municipality: WEST /SM/OCEAN PARK
  • Latitude: 34.0046
  • Longitude: -118.474

    Address

  • Full Address: 732 Raymond Ave
  • Address - House Number: 732
  • Address - Street Name: Raymond
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C012
  • 4-Digit Zip Code: 4520
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,298
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,039,927
  • High Value: 3,724,515
  • Low Value: 2,355,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,652,000
  • Assessed Land Value: $2,121,600
  • Assessed Improvements Value: $530,400

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11864321331
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1666411
  • Previous Sale Recording Date: Apr 01, 2016
  • Previous Sale Contract Date: Mar 14, 2016
  • Previous Sale Amount: $2,407,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Ocean Park



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Frequently Asked Questions

What neighborhood is 732 Raymond Avenue located in?
The 732 Raymond Avenue is a located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
What is the average sales price for listings in 732 Raymond Avenue?
The average sales price for units in 732 Raymond Avenue is $0 currently.

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