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918 16th Street

918 16th Street, Santa Monica, CA 90403
Property in Wilshire-Montana
Sold May 31, 2016
$3,400,000
$1,400,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Dec 16, 2011
$500,000
Local assessors in Santa Monica, CA have categorized 918 16th Street as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 7,505 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, 13 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 13 full bathrooms. There are also 13 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 918 16th Street has a total of 8,877 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 - A. The property was last sold in Dec 9, 2015 for $3,400,000. That's $383.01 per sqft. Prior to that sales transaction, the property was also sold in Aug 22, 2011 for $500,000. 918 16th Street was last assessed in 2023. The total value of the property was assessed at $3,896,298. Specifically, the land the property is located on was valued at $2,731,050. While improvements on the property were assessed at a total of $1,165,248. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $46,565. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 13
  • Bathroom Count: 13
  • Full Bathrooms: 13
  • Partial Bathrooms: 13
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,505
  • Total Building Area: 8,877
  • Gross Building Area: 8,877
  • Building Area: 8,877
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,877
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF SANTA MONICA
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: SANTA MONICA LOT/SEC D BLK/DIV/TWN 36

Ownership

  • Current Owner : FERNANDEZ CARLOS
  • Current Owner 2: ASSAEL CHANTAL
  • Previous Owner : SZMIT DANUTA E
  • Owner Before Previous Owner: SZMIT ANDREW R
  • Owner Before Previous Owner 2: SZMIT REVOCABLE DECLARATION OF
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701202

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 41-A5
  • Parcel: 4281-007-004
  • Block: 36
  • Lot: D
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0317
  • Longitude: -118.492

    Address

  • Full Address: 918 16th St
  • Address - House Number: 918
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C038
  • 4-Digit Zip Code: 3282
  • Zip Code: 90403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,565
  • Tax Rate Code Area: 08-004

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 3,819,900
  • High Value: 4,264,762
  • Low Value: 3,375,037

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,900,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 22, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,896,298
  • Assessed Land Value: $2,731,050
  • Assessed Improvements Value: $1,165,248

    Sales

  • Current Sale Contract Date: Dec 09, 2015
  • Current Sale Recording Date: May 31, 2016
  • Current Sale Transaction ID: 1558474511
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0616232
  • Previous Sale Recording Date: Dec 16, 2011
  • Previous Sale Contract Date: Aug 22, 2011
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT SAVINGS BANK FSB
  • First Mortgage Transaction Date: May 31, 2016
  • First Mortgage Loan Amount: $1,825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Wilshire-Montana



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Frequently Asked Questions

What neighborhood is 918 16th Street located in?
The 918 16th Street is a located in the neighborhood of Wilshire-Montana in Wilshire-Montana, Santa Monica.
What is the average sales price for listings in 918 16th Street?
The average sales price for units in 918 16th Street is $0 currently.

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