NOT LISTED FOR SALE

1162 Chestnut Ave Manhattan Beach, CA 90266

Estimated Value: $3,825,000 - $4,973,000

4 Beds
4.5 Baths
3,406 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $2,880,000 $846 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $25,832/month

125 Days on Market

Highlights

  • Wine Cellar
  • New Construction
  • Craftsman Architecture
  • Meadows Avenue Elementary School Rated A+
  • Open Floorplan
  • Maid or Guest Quarters

About This Home

As of August 2020

Just beyond the commotion on Sepulveda and Manhattan Beach Blvd there is a treasure in the surrounding suburbs. It's that new house on the block. The award-winning Trotter Building Designs & L'Esperance Design introduce you to a golden age in real estate development: an innovative, 3,400 sq. ft., craftsman home in Manhattan Beach Heights. Welcome to your new abode. Enter: a bright and massive family room with a ceiling nearly 20 feet high greets you with its compatriot, an exquisite gourmet kitchen and nook. Thermador stainless steel appliances line up the walls, including a 48" range and a double-door refrigerator. There is so much to behold on the first floor. A glass-enclosed wine cellar rests below the floating staircase. A guest bedroom/office sits just across the hall from the mud room. Marvin Integrity bifold doors and windows and reclaimed wood finishes throughout. Upstairs is a common space among the three bedrooms for studying. Each bedroom has its own bathroom and walk-in closet. At the end of the second floor awaits the master bedroom. Suited with an open walk-in closet, private deck, and an elegant bathroom, this is the heart of the home. After all the muses and theatrics of this home there comes the value of location. The house offers access to major streets, walking distance to Polliwog Park and renowned shops and restaurants. You have been shown and you have been told; the masterpiece of a home at 1162 Chestnut Avenue will ring in a new age of home design.

Last Agent to Sell the Property

Amir Amiri

Merit Real Estate License #01041226 Listed on: 02/28/2020

Last Buyer's Agent

David Herbert

Vista Sotheby’s International Realty License #01946536

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,903 Sq Ft Lot
  • Landscaped
  • Backyard Sprinklers
  • Private Yard
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 3,406 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Wood Flooring
  • Neighborhood Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 207
  • Tax Tract Number 14123
  • Assessor Parcel Number 4166026004

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

4,903 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary, Craftsman
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4166026004
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3406.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 845.57
  • Room Type: Attic, Family Room, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Master Bathroom, Master Bedroom, Office, Walk-In Closet, Wine Cellar
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinkler System, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 4903.00
  • Lot Size Acres: 0.1126
  • Latitude Manual: 33.88794700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4903.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 207
  • Tax Tract Number: 14123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jul 31, 2020
Sold by
Abbasiankashi Arash
Bought by
Skeath Carter John and Skeath Megan Dorrian
Seller's Agent
Amir Amiri
Merit Real Estate
Buyer's Agent
David Herbert
Vista Sotheby’s International Realty
List Price
$2,990,000
Sold Price
$2,880,000
Premium/Discount to List
-$110,000
-3.68%
Current Estimated Value
$4,318,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,438,761
Avg. Annual Appreciation
7.45%
Original Mortgage
$2,000,000
Outstanding Balance
$1,757,215
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,561,546

Purchase Details

Closed on
Oct 9, 2019
Sold by
Abbas
Bought by
Scec >Ac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.65%

Purchase Details

Listed on
Apr 5, 2017
Closed on
Dec 12, 2017
Sold by
Zamora May
Bought by
Abbasiankashi Arash
Seller's Agent
Zenaida Macapobre
Keller Williams Realty
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$1,385,000
Sold Price
$1,160,000
Premium/Discount to List
-$225,000
-16.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%

Purchase Details

Listed on
Apr 5, 2017
Closed on
Dec 1, 2017
Sold by
Eslarni Golnaz
Bought by
Abbasiankashi Arash
Seller's Agent
Zenaida Macapobre
Keller Williams Realty
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$1,385,000
Sold Price
$1,160,000
Premium/Discount to List
-$225,000
-16.25%

Purchase Details

Closed on
Sep 17, 2015
Sold by
Zamora May
Bought by
Zamora May

Purchase Details

Closed on
Mar 15, 2006
Sold by
Stewig Robert C
Bought by
Stewig Robert C and The Robert C Stewig Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skeath Carter John $2,880,000 Lawyers Title Company
Scec >Ac -- --
Abbasiankashi Arash $1,160,000 Provident Title Company
Abbasiankashi Arash -- Provident Title Company
Zamora May -- None Available
Stewig Robert C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skeath Carter John $2,000,000
Previous Owner Scec >Ac --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2020 08/06/20 Sold $2,880,000 -3.7% $846 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $2,990,000 +157.8% $878 / Sq Ft
12/20/2017 12/20/17 Sold $1,160,000 -3.3% $1,158 / Sq Ft View Prior Sale
11/17/2017 11/17/17 Pending -- -- --
11/11/2017 11/11/17 Price Changed $1,200,000 -4.0% $1,198 / Sq Ft
10/13/2017 10/13/17 Price Changed $1,249,999 -3.8% $1,248 / Sq Ft
10/03/2017 10/03/17 Price Changed $1,299,999 -6.1% $1,297 / Sq Ft
04/05/2017 04/05/17 For Sale $1,385,000 -- $1,382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $34,939 $3,117,402 $1,515,404 $1,601,998
2024 $34,939 $3,056,278 $1,485,691 $1,570,587
2023 $34,005 $2,996,352 $1,456,560 $1,539,792
2022 $33,416 $2,937,600 $1,428,000 $1,509,600
2021 $32,805 $2,880,000 $1,400,000 $1,480,000
2020 $13,987 $1,206,864 $1,206,864 $0
2019 $13,799 $1,183,200 $946,560 $236,640
2018 $13,489 $1,160,000 $928,000 $232,000
2017 $15,551 $1,363,740 $954,720 $409,020
2016 $14,898 $1,337,000 $936,000 $401,000
2015 $1,409 $104,952 $76,177 $28,775
2014 $1,402 $102,897 $74,685 $28,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20043877

California Regional Multiple Listing Service (CRMLS)

APN: 4166-026-004

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