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747 Latimer Road

747 Latimer Road, Santa Monica, CA 90402
Property in Rustic Canyon
Sold Oct 12, 1994
Transfer
$1,500,000 by Topa Svgs Bank
Mortgage Due Nov 01, 2024
Local assessors in Santa Monica, CA have categorized 747 Latimer Road as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 41,716 square feet. 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, 5 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 747 Latimer Road has a total of 4,551 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. 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. Current property owners are expected to pay $44,596 in taxes per year. The property on 747 Latimer Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,853,380. To break that down further, the land itself was valued at $3,204,428. While improvements to the property were assessed at a total of $648,952. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1978
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 41,716
  • Total Building Area: 4,551
  • Building Area: 4,551
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,551
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANCHO BOCA DE SANTA MONICA
  • Land Acres: 0.958
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR OF BLK 46 M R 78-44-49 AND POR OF LOT C P M 90-29-31

Ownership

  • Current Owner : LATIMER ROAD CORP
  • Previous Owner : NATHANSON GARY
  • Previous Owner 2: NATHANSON LINDA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LARE11

Geography

  • Parcel: 4409-015-043
  • Block: 46
  • Lot: C
  • Municipality: WEST /SM CYN/RIVIERA
  • Latitude: 34.0432
  • Longitude: -118.513

    Address

  • Full Address: 747 Latimer Rd
  • Address - House Number: 747
  • Address - Street Name: Latimer
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C002
  • 4-Digit Zip Code: 1015
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,596
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,765,356
  • High Value: 4,598,553
  • Low Value: 2,932,159

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: TOPA SVGS BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,853,380
  • Assessed Land Value: $3,204,428
  • Assessed Improvements Value: $648,952

    Sales

  • Current Sale Contract Date: Sep 22, 1994
  • Current Sale Recording Date: Oct 12, 1994
  • Current Sale Transaction ID: 1027461399
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-1858200

    Last Sale Mortgage

  • First Mortgage Lender: TOPA SVGS BANK
  • First Mortgage Transaction Date: Oct 12, 1994
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 747 Latimer Road located in?
The 747 Latimer Road is a located in the neighborhood of Rustic Canyon in West Los Angeles, Santa Monica.
What is the average sales price for listings in 747 Latimer Road?
The average sales price for units in 747 Latimer Road is $0 currently.

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