NOT LISTED FOR SALE

113 Marine Ave Manhattan Beach, CA 90266

Estimated Value: $3,374,911 - $4,329,000

4 Beds
3 Baths
1,852 Sq Ft
$2,002/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $1,758,000 $949 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $22,008/month

10 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Parking Storage or Cabinetry
  • Grand View Elementary School Rated A
  • Laundry Room
  • Forced Air Heating System

About This Home

As of October 2012

VIEW - Less then a block to Sand and Ocean-3 bedroom, 2 bath up stairs unit with, fireplace, balcony, build-ins, force air and 2 off street parking spaces-Down stair unit is the 1 bedroom, 1 bath unit with fireplace, build-ins and 1 off street parking space-Great opportunity to live near the sand and have a rental to help-Exterior well be painted and roll up garage doors to be installed soon after-Laundry is in garage- This is a Trust Sale.

Last Agent to Sell the Property

Ray Phillips

Century 21 Union Realty License #00413105 Listed on: 08/25/2012

Last Buyer's Agent

Brett Zebrowski

eXp Realty of California Inc License #01313739

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,158

Year Built

  • Built in 1959

Lot Details

  • 1,903 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available

Interior Spaces

  • 1,852 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 11 / 1
  • Tax Tract Number 6203
  • Assessor Parcel Number 4177028014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $4,800
  • Trash Expense $500
  • Water Sewer Expense $1,000
  • New Taxes Expense $22,000
  • Gross Income $5,300
  • Net Operating Income $34,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,158

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: mnrh
  • Property Type: Residential Income
  • Parcel Number: 4177028014
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 949.24

Exterior Features

  • View: Ocean

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Trash Expense: 500.00

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1903.00
  • Lot Size Acres: 0.0440

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 650
  • Average3 Bed Area: 1200
  • Electric Expense: 500.00
  • Gross Income: 5300.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 4800.00
  • Lot Size Area: 1903.0000 Square Feet
  • Net Operating Income: 34300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 29300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Block: 1
  • Tax Lot: 11
  • Tax Tract Number: 6203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
Zawacki Ii Thomas R
Bought by
Zawacki Ii Thomas R and Zawacki Melissa Ann
Current Estimated Value
$3,707,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530,000
Outstanding Balance
$1,236,804
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$2,315,417

Purchase Details

Closed on
Oct 28, 2014
Sold by
Zawacki Tom R
Bought by
Zawacki Ii Thomas R and Zawacki Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2012
Closed on
Oct 1, 2012
Sold by
Ryan Frederick J
Bought by
Zawacki Ii Tom R and Zawacki Melissa A
Seller's Agent
Ray Phillips
Century 21 Union Realty
Buyer's Agent
Brett Zebrowski
eXp Realty of California Inc
List Price
$1,895,000
Sold Price
$1,758,000
Premium/Discount to List
-$137,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,318,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2005
Sold by
Ryan Beth C
Bought by
Ryan Frederick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Ryan Frederick J and Ryan Beth C
Bought by
Ryan Beth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.61%
Mortgage Type
New Conventional
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
Zawacki Ii Thomas R -- None Available
Zawacki Ii Thomas R -- Ticor Title
Zawacki Ii Tom R $1,758,000 Priority Title
Ryan Frederick J -- Chicago Title Co
Ryan Beth C -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zawacki Ii Thomas R $1,530,000
Closed Zawacki Ii Tom R $1,560,000
Closed Zanacki Ii Tom R $1,565,000
Closed Zawacki Ii Tom R $1,318,500
Previous Owner Ryan Beth C $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2012 10/17/12 Sold $1,758,000 -7.2% $949 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/25/2012 08/25/12 For Sale $1,895,000 -- $1,023 / 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 $29,158 $2,603,696 $1,970,280 $633,416
2024 $29,158 $2,552,645 $1,931,648 $620,997
2023 $28,396 $2,502,594 $1,893,773 $608,821
2022 $27,905 $2,453,525 $1,856,641 $596,884
2021 $27,426 $2,405,418 $1,820,237 $585,181
2019 $26,688 $2,334,534 $1,766,249 $568,285
2018 $26,165 $2,288,769 $1,731,617 $557,152
2016 $20,331 $1,828,733 $1,664,377 $164,356
2015 $19,909 $1,801,265 $1,639,377 $161,888
2014 $19,632 $1,765,981 $1,607,264 $158,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12107301

California Regional Multiple Listing Service (CRMLS)

APN: 4177-028-014