NOT LISTED FOR SALE

1143 7th Place Hermosa Beach, CA 90254

Estimated Value: $1,880,000 - $2,130,022

3 Beds
2 Baths
1,159 Sq Ft
$1,726/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $965,000 $833 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $12,041/month

19 Days on Market

Highlights

  • Peek-A-Boo Views
  • Private Yard
  • 1-minute walk to Fort Lots of Fun Park
  • Hermosa View Elementary School Rated A
  • No HOA

About This Home

As of April 2015

Charming 2 Story Home with large grassy backyard. Mexican paver tiles and copper plumbing. Extra storage under rear deck. Nice front deck with a partial view of ocean. Back deck with a fenced backyard. Cozy living room/dining room. Interior and exterior newly repainted and waiting for your individual decor. Garage shortened by fireplace extending into garage.
Termite report and repairs completed with pest certification to be provided during escrow.
Buyer to cooperate with seller's tax deferred exchange at no cost to buyer. Sale contingent on seller finding a replacement home for his exchange.
Home is in decent shape and sold in 'as is' condition.

Last Agent to Sell the Property

Mario Velarde

HomeSmart, Evergreen Realty License #01428248 Listed on: 03/25/2015

Last Buyer's Agent

Jennifer Dewall

West Shores Realty, Inc. License #01942304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,689

Year Built

  • Built in 1959

Lot Details

  • 2,481 Sq Ft Lot
  • Private Yard
  • Back Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 1,159 Sq Ft Home
  • Living Room with Fireplace
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 139
  • Assessor Parcel Number 4160030008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,689

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4160030008
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1159.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 832.61
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 2481.00
  • Lot Size Acres: 0.0570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2481.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Apr 4, 2015
Sold by
Shields Stephen H
Bought by
Gardner Family 2014 Revocable Trust
Seller's Agent
Mario Velarde
HomeSmart, Evergreen Realty
Buyer's Agent
Jennifer Dewall
West Shores Realty, Inc.
List Price
$1,000,000
Sold Price
$965,000
Premium/Discount to List
-$35,000
-3.5%
Current Estimated Value
$2,000,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,506
Avg. Annual Appreciation
6.98%
Original Mortgage
$772,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1994
Sold by
Shields Stephen Harold and Shields Andrea D
Bought by
Shields Stephen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.5%

Purchase Details

Closed on
Jul 30, 1993
Sold by
Shields Stephen H and Shields Andrea D
Bought by
Shields Stephen Harold
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gardner Family 2014 Revocable Trust $965,000 First American Title Company
Shields Stephen H -- South Coast Title
Shields Stephen Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Family 2014 Revocable $142,550
Closed Gardner Family 2014 Revocable $150,000
Open Gardner Lisa R Vargas $937,500
Closed Gardner Lisa R Vargas $951,000
Closed Gardner Lisa R Vargas $238,500
Closed Gardner Family 2014 Revocable Trust $772,000
Previous Owner Shields Stephen H $410,000
Previous Owner Shields Stephen H $417,000
Previous Owner Shields Stephen H $100,000
Previous Owner Shields Stephen N $225,000
Previous Owner Shields Stephen H $250,000
Previous Owner Shields Stephen H $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $965,000 -3.5% $833 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $1,000,000 0.0% $863 / Sq Ft
03/25/2015 03/25/15 Price Changed $1,000,000 +5.3% $863 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/15/2015 03/15/15 Price Changed $950,000 +5.6% $820 / Sq Ft
03/11/2015 03/11/15 For Sale $900,000 -- $777 / 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 $13,689 $1,282,483 $927,823 $354,660
2024 $13,689 $1,257,337 $909,631 $347,706
2023 $13,409 $1,232,685 $891,796 $340,889
2022 $13,167 $1,208,515 $874,310 $334,205
2021 $12,965 $1,184,819 $857,167 $327,652
2019 $11,433 $1,039,679 $831,744 $207,935
2018 $11,059 $1,019,294 $815,436 $203,858
2016 $10,517 $979,716 $783,773 $195,943
2015 $3,768 $326,469 $207,035 $119,434
2014 $3,593 $320,075 $202,980 $117,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15052447

California Regional Multiple Listing Service (CRMLS)

APN: 4160-030-008