NOT LISTED FOR SALE

1040 7th St Hermosa Beach, CA 90254

Estimated Value: $2,153,000 - $2,488,000

3 Beds
3 Baths
2,377 Sq Ft
$970/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $1,654,000 $696 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,167/month

19 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Contemporary Architecture
  • Hermosa View Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Fort Lots of Fun Park

About This Home

As of August 2020

FEELS LIKE A SINGLE FAMILY HOME. REAR UNIT- totally free standing, no shared walls, 2 on a lot Townhome. NO HOA. Please take the time to tour, you will not be disappointed. This beautifully maintained home must be seen to be appreciated. Ocean, Catalina and PV views from Roof top deck, balconies and Master bedroom. Beautiful wood floors. You enter into a formal living area with a wood burning fireplace, spectacular windows and light, with a side door that leads to a small outdoor area. A few steps up to the 2nd level takes you to a formal dining area, powder room, a second dining area and family room with a second fireplace, a walkout balcony with double sliding glass doors, and the kitchen. The kitchen features a breakfast bar, granite counter tops, stainless steel appliances. Beautifully maintained. The upper level has the 3 bedrooms. The Master bedroom with spa LIKE bath, private balcony with ocean and scenic views, and two other bedrooms and a 2nd bath, also the laundry room. This home has a lovely flow, perfect for entertaining.
There is a 2 car attached, direct access garage plus an extra parking place.
You will be centrally located with easy access to the greenbelt, shopping, schools, parks and the beach.

Last Agent to Sell the Property

Suzanne Larkin

Palm Realty Boutique, Inc. License #01374942 Listed on: 07/01/2020

Palm Realty Boutique, Inc.

Last Buyer's Agent

Michael Williams

Compass License #01266428

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,103

Year Built

  • Built in 1991

Lot Details

  • 5,211 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Driveway Down Slope From Street
  • Parking Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,377 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Exterior Lighting

Schools

  • Hermosa Valley Elementary And Middle School
  • Mira Costa High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4340
  • Assessor Parcel Number 4186014022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,103

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR2YY
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4186014022
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2377.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 695.84
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Paved, Driveway Down Slope From Street, Garage, Garage Door Opener, Parking Space, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Hiking, Park, Sidewalks, Street Lights

Schools

  • School District: Manhattan Unified
  • Elementary School: Hermosa Valley
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa Valley
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVAL
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5211.00
  • Lot Size Acres: 0.1196

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5211.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 1
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 24, 2020
Sold by
Parks Diana S
Bought by
Giguere David John and Giguere Inna
Seller's Agent
Suzanne Larkin
Palm Realty Boutique, Inc.
Buyer's Agent
Michael Williams
Compass
List Price
$1,679,000
Sold Price
$1,654,000
Premium/Discount to List
-$25,000
-1.49%
Current Estimated Value
$2,296,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,791
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,323,200
Outstanding Balance
$1,176,409
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,128,454

Purchase Details

Closed on
Jun 2, 2017
Sold by
Klaver Ronald
Bought by
Parks Diana S

Purchase Details

Closed on
Mar 17, 2006
Sold by
Klaver Ron
Bought by
Parks Diana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 20, 2003
Sold by
Bayer Robert F
Bought by
Rottach Christopher M and Teshack Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Giguere David John $1,654,000 North American Title
Parks Diana S -- None Available
Parks Diana S -- First American Title Co
Parks Diana S $1,115,000 First American Title Co
Rottach Christopher M $695,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giguere David John $1,323,200
Previous Owner Parks Diana S $686,000
Previous Owner Parks Diana S $729,000
Previous Owner Parks Diana S $740,000
Previous Owner Parks Diana S $152,000
Previous Owner Rottach Christopher M $300,000
Previous Owner Teshack Stacy A $150,000
Previous Owner Rottac Christopher M $86,501
Previous Owner Rottach Christopher M $556,000
Previous Owner Rottach Christopher M $556,000
Closed Rottach Christopher M $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $1,654,000 -1.5% $696 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,679,000 -- $706 / 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 $19,103 $1,790,340 $1,432,273 $358,067
2024 $19,103 $1,755,237 $1,404,190 $351,047
2023 $18,711 $1,720,821 $1,376,657 $344,164
2022 $18,375 $1,687,080 $1,349,664 $337,416
2021 $18,049 $1,654,000 $1,323,200 $330,800
2020 $15,270 $1,393,258 $1,243,317 $149,941
2019 $14,955 $1,365,940 $1,218,939 $147,001
2018 $14,452 $1,339,158 $1,195,039 $144,119
2016 $13,738 $1,287,159 $1,148,635 $138,524
2015 $12,720 $1,195,000 $1,066,000 $129,000
2014 $8,800 $827,900 $738,500 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20116157

California Regional Multiple Listing Service (CRMLS)

APN: 4186-014-022