Seller's Agent in 2022
John Corrales
Vista Sotheby’s International Realty
(310) 346-3332
13 in this area
73 Total Sales
1108 1st Place Hermosa Beach, CA 90254
Estimated Value: $1,738,000 - $1,982,621
3
Beds
2
Baths
1,554
Sq Ft
$1,212/Sq Ft
Est. Value
Highlights
- Ocean View
- Rooftop Deck
- Custom Home
- Hermosa View Elementary School Rated A
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
About This Home
As of September 2022Nestled atop one of the most desired neighborhoods within the Hermosa hills, sits this unique architectural gem on the market for the first time in over 30 years. The 3-bed, 2-bath single family home offers a flexible multi-use space, a sought-after South-facing backyard and an expansive double-level rooftop deck featuring sweeping ocean views. The innovative and functional design provides some amazing options. Owners also have the option to add an additional ~700 sq ft to the second story of the house (buyer to verify). The front kitchen is open with 10-foot ceilings, sun-filled skylights, a large pantry and separate dining enclave. The primary suite is complete with an open living space, vaulted ceilings, an elevated reading nook/meditation area, fireplace, walk-in closet, private balcony, and a beautiful spiral staircase providing rooftop access. The ensuite bathroom features a soaking tub, dual floating vanities and walk-in shower. Use the attached garage for extra parking or secondary living/entertainment room with 12-foot ceilings and 2 large storage areas. With modern touches throughout, new plumbing, a newer roof, glazed concrete floors, natural stone countertops and coastal lighting fixtures; this home is move-in ready. Ideally located within walking distance to all that Hermosa Beach has to offer; award-winning schools, the ocean, retail, restaurants, entertainment and more…ask yourself: are you ready to start enjoying the beach life?
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01263687 Listed on: 07/21/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,249
Year Built
- Built in 1941
Lot Details
- 2,650 Sq Ft Lot
- Private Yard
- Density is up to 1 Unit/Acre
- Property is zoned HBR1YY
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Custom Home
Interior Spaces
- 1,554 Sq Ft Home
- 1-Story Property
- Built-In Features
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Ocean Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Walk-In Pantry
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- 2 Full Bathrooms
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Balcony
- Rooftop Deck
- Open Patio
Additional Features
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 1802
- Assessor Parcel Number 4186028002
- $570 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2022
Closed on
Aug 9, 2022
Sold by
Richard Loeffler
Bought by
Fontana Family Trust
Seller's Agent
John Corrales
Vista Sotheby’s International Realty
Buyer's Agent
Mary Acierno
Rodeo Realty
List Price
$1,678,910
Sold Price
$1,645,000
Premium/Discount to List
-$33,910
-2.02%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,155
Avg. Annual Appreciation
4.12%
Original Mortgage
$1,299,000
Outstanding Balance
$1,222,325
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$629,300
Purchase Details
Closed on
Aug 14, 2001
Sold by
Loeffler Richard
Bought by
Loeffler Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,800
Interest Rate
7.21%
Purchase Details
Closed on
Dec 4, 1995
Sold by
Loeffler Rhondi and Loeffler Rhondi R
Bought by
Loeffler Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
7.48%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fontana Family Trust | $1,645,000 | Usa National Title | |
| Loeffler Richard | -- | Southland Title Corporation | |
| Loeffler Richard | -- | South Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fontana Family Trust | $1,299,000 | |
| Previous Owner | Loeffler Richard | $200,000 | |
| Previous Owner | Loeffler Richard | $203,000 | |
| Previous Owner | Loeffler Richard | $203,000 | |
| Previous Owner | Loeffler Richard | $169,000 | |
| Previous Owner | Loeffler Richard | $171,894 | |
| Previous Owner | Loeffler Richard | $177,800 | |
| Previous Owner | Loeffler Richard | $233,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2022 09/20/22 | Sold | $1,645,000 | -2.0% | $1,059 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | For Sale | $1,678,910 | +2.1% | $1,080 / Sq Ft |
| 08/02/2022 08/02/22 | Off Market | $1,645,000 | -- | -- |
| 07/21/2022 07/21/22 | For Sale | $1,678,910 | -- | $1,080 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,249 | $1,711,457 | $1,369,166 | $342,291 |
| 2024 | $18,249 | $1,677,900 | $1,342,320 | $335,580 |
| 2023 | $17,874 | $1,645,000 | $1,316,000 | $329,000 |
| 2022 | $6,728 | $584,797 | $433,390 | $151,407 |
| 2021 | $6,581 | $573,332 | $424,893 | $148,439 |
| 2019 | $6,327 | $556,329 | $412,292 | $144,037 |
| 2018 | $6,099 | $545,421 | $404,208 | $141,213 |
| 2016 | $5,969 | $524,244 | $388,513 | $135,731 |
| 2015 | $5,681 | $516,371 | $382,678 | $133,693 |
| 2014 | $5,539 | $506,257 | $375,182 | $131,075 |
Source: Public Records
Agents Affiliated with this Home
-
John Corrales
-
Mary Acierno
Buyer's Agent in 2022
Mary Acierno
Rodeo Realty
(805) 551-9872
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22157669
APN: 4186-028-002
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