Seller's Agent in 2020
Rachelle Rosten
Douglas Elliman
(310) 710-5151
2 in this area
70 Total Sales
116 16th St Manhattan Beach, CA 90266
Estimated Value: $4,611,000 - $5,421,000
3
Beds
2
Baths
1,252
Sq Ft
$3,978/Sq Ft
Est. Value
About This Home
As of April 2020Location, location, location! Don't miss this walk street to alley duplex three doors from the sand! Tear down and build your dream home or high-end income property on one of the most desirable streets in Manhattan Beach's sand section. 116 16th Street, owner's unit, is a 2+1 cottage built in 1912 that is in very poor, not habitable condition. 115 15th Place is a separate building with a 1+1 tenant occupied apartment built over a two-car garage. The lot is zoned MNRM. Trust Sale.
Last Agent to Sell the Property
Douglas Elliman License #01255977 Listed on: 03/17/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $57,464
Year Built
- Built in 1961
Lot Details
- 2,699 Sq Ft Lot
- Value in Land
- Tear Down
Home Design
- Duplex
- Cosmetic Repairs Needed
- Major Repairs Completed
Interior Spaces
- 1,252 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Covered Spaces
Community Details
- 2 Buildings
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 4179-030-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2020
Closed on
Apr 6, 2020
Sold by
Bank Of America Na
Bought by
116Mb Llc
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Kelly deLaat
Douglas Elliman
List Price
$4,500,000
Sold Price
$4,625,000
Premium/Discount to List
$125,000
2.78%
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
$355,219
Avg. Annual Appreciation
3.78%
Purchase Details
Closed on
Jul 10, 2018
Sold by
Keir Michael
Bought by
Keir Michael Jon and Michael Jon Keir Trust Dated J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 116Mb Llc | $4,625,000 | First American Title | |
| Keir Michael Jon | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 116Mb Llc | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2020 04/08/20 | Sold | $4,625,000 | +2.8% | $3,694 / Sq Ft |
| 03/27/2020 03/27/20 | Pending | -- | -- | -- |
| 03/17/2020 03/17/20 | For Sale | $4,500,000 | -- | $3,594 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $57,464 | $4,958,931 | $4,905,322 | $53,609 |
| 2023 | $56,062 | $4,861,698 | $4,809,140 | $52,558 |
| 2022 | $55,096 | $4,766,372 | $4,714,844 | $51,528 |
| 2021 | $54,066 | $4,672,915 | $4,622,397 | $50,518 |
| 2020 | $7,923 | $529,313 | $445,750 | $83,563 |
| 2019 | $7,822 | $518,935 | $437,010 | $81,925 |
| 2018 | $7,705 | $508,761 | $428,442 | $80,319 |
| 2016 | $7,451 | $489,007 | $411,806 | $77,201 |
| 2015 | $7,335 | $481,663 | $405,621 | $76,042 |
| 2014 | $7,266 | $472,229 | $397,676 | $74,553 |
Source: Public Records
Agents Affiliated with this Home
-
Rachelle Rosten
-
Kelly deLaat
Buyer's Agent in 2020
Kelly deLaat
Douglas Elliman
(310) 880-9255
49 Total Sales
Map
Source: The MLS
MLS Number: 20-564060
APN: 4179-030-013
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