NOT LISTED FOR SALE

1022 7th St Hermosa Beach, CA 90254

Estimated Value: $2,471,000 - $3,788,495

5 Beds
6 Baths
3,300 Sq Ft
$979/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $2,450,000 $742 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $19,675/month

7 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Hermosa View Elementary School Rated A
  • Newly Remodeled
  • 1-minute walk to Fort Lots of Fun Park

About This Home

As of June 2018

Stunning new construction... a true original in the Hermosa Hills. This Global Contemporary home features 5 bedrooms, 4 full bathrooms and 2 half-baths with over 3300 square feet of pure European flair from every level. Step inside and immediately feel the soft angles and ocean views. Upstairs watch the sunset while you enjoy the custom European kitchen with upscale Miele appliances with steam oven, butler's pantry with additional fridge option, wine fridge, and walk-in wet bar area. There's an abundance of warm light beaming into the large entertaining living area, dining area, and a 20ft pocket door opens to a creative indoor/outdoor living space. 5th bedroom/office with, yet another, ocean view balcony, also featured on this level. A few steps upstairs and you're on your private, sun-drenched rooftop deck with breathtaking panoramic ocean views. Main level living area features master suite with even more ocean views and balcony, and two additional ensuite bedrooms. Lower level features additional ensuite bedroom, and large media/play room. Direct access to garage, and a 3-stop elevator for convenience and ease. Imported custom closets, solid wood doors from Spain, Mohogany hardwood floors made in America, Porcelanosa tile from Italy, SmartHome wired, Nest self learning thermostat, and so many extras you just must see for yourself.

Last Agent to Sell the Property

Daniel Lemieux

Estate Properties License #01245730 Listed on: 05/10/2018

Estate Properties

Co-Listed By

Lisa Stott

Estate Properties License #01442582

Last Buyer's Agent

Daniel Lemieux

Estate Properties License #01245730 Listed on: 05/10/2018

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $29,488

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 5,182 Sq Ft Lot
  • No Common Walls
  • Northwest Facing Home
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Guest Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Smart Home
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Butlers Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads
  • Walk-in Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4186014002

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$29,488

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: HBR2YY
  • Architectural Style: Contemporary, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4186014002
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3300.00 Square Feet
  • Interior Amenities: Elevator, High Ceilings, Home Automation System, Pantry, Vacuum Central, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 742.42
  • Room Type: Bonus Room, Family Room, Foyer, Great Room, Laundry, Master Suite, Media Room, Office
  • Bathroom Features: Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Walk-In Shower
  • Room Kitchen Features: Butler's Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • View: City Lights, Ocean, Panoramic
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Park Nearby
  • Lot Size Sq Ft: 5182.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
May 22, 2018
Sold by
Kaddorah Salim and Kaddorah Susie
Bought by
Cruz Natalie
Seller's Agent
Daniel Lemieux
Estate Properties
Buyer's Agent
Daniel Lemieux
Estate Properties
List Price
$2,389,000
Sold Price
$2,450,000
Premium/Discount to List
$61,000
2.55%
Current Estimated Value
$3,231,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,624
Avg. Annual Appreciation
3.90%
Original Mortgage
$2,082,500
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2009
Sold by
Kaddorah Susie
Bought by
Kaddorah Salim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2009
Sold by
Lancaster Margaret C
Bought by
Lancaster Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2009
Sold by
Lancaster Margaret C
Bought by
Kaddorah Salim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Lancaster Margaret Elizabeth
Bought by
Lancaster Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
Lancaster Lon Edwin
Bought by
Lancaster Lon Edwin and Lancaster Margaret Elizabeth
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cruz Natalie $2,450,000 Lawyers Title
Kaddorah Salim -- Progressive Title Company
Lancaster Margaret C -- Progressive Title Company
Kaddorah Salim $780,000 Progressive Title Company
Lancaster Margaret C -- Chicago Title Co
Lancaster Lon Edwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Natalie $2,062,000
Closed Kaddorah Salim $724,000
Closed Cruz Natalie $2,082,500
Previous Owner Kaddorah Salim $2,420,000
Previous Owner Kaddorah Salim $620,000
Previous Owner Kaddorah Salim $620,000
Previous Owner Kaddorah Salim $585,000
Previous Owner Lancaster Margaret C $370,000
Previous Owner Lancaster Margaret C $310,000
Previous Owner Lancaster Margaret Elizabeth $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $2,450,000 +2.6% $742 / Sq Ft
05/10/2018 05/10/18 For Sale $2,389,000 -- $724 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,488 $2,787,679 $836,303 $1,951,376
2024 $29,488 $2,733,019 $819,905 $1,913,114
2023 $28,876 $2,679,431 $803,829 $1,875,602
2022 $28,357 $2,626,894 $788,068 $1,838,826
2021 $27,827 $2,575,387 $772,616 $1,802,771
2020 $27,740 $2,548,980 $764,694 $1,784,286
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18110158

California Regional Multiple Listing Service (CRMLS)

APN: 4186-014-033