NOT LISTED FOR SALE

Estimated Value: $5,166,112 - $5,692,000

5 Beds
5 Baths
5,072 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $3,050,000 $601 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $32,449/month

104 Days on Market

Highlights

  • Heated In Ground Pool
  • Views of Trees
  • Spanish Architecture
  • Aurelia Pennekamp Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of October 2017

An incredible new price makes this the best buy in Manhattan Beach! Sophisticated chic & timeless elegance blend seamlessly in this newly re-imagined designer hideaway. Nestled on a prime corner lot on the only private street in town, this expansive Manhattan Beach home is lined with gorgeous finishes throughout. With over 5,000sqft of living space, this light filled 5 bed 5 bath retreat exudes worldly style w/ an idyllic layout showcasing Saltillo tile floors, a gourmet Chef's kitchen w/ custom vintage island, formal dining, an expansive formal living room w/ a sweet al-fresco patio, office w/custom built-ins, Baldwin Brass fixtures, a stunning master suite w/ Juliet balcony, lush landscaping surrounding a tranquil swimmer's pool & spa, & dramatic windows taking in cool ocean breezes. An oversized 8,500sqft lot provides ample outdoor space perfect for relaxing under the sun & entertaining. A quick stroll to local schools, the ocean, & all the best Manhattan Beach has to offer.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 05/10/2017

Last Buyer's Agent

Chad Fahlbusch

License #01346526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,939

Year Built

  • Built in 1991

Lot Details

  • 8,501 Sq Ft Lot
  • Property is zoned MNRS

Parking

  • Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,072 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Tile Flooring
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4167-021-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,939

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 5072
  • Stories: 2
  • Year Built: 1991
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Tile
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 640.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4167-021-049
  • Geocode Override: No
  • Lot Size Area: 8501

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Sep 5, 2017
Sold by
Snow Amy Lee
Bought by
Johnstone Peter Michael and Vandejonge Patricia Van
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Chad Fahlbusch
List Price
$3,795,000
Sold Price
$3,050,000
Premium/Discount to List
-$745,000
-19.63%
Current Estimated Value
$5,486,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,436,778
Avg. Annual Appreciation
7.61%
Original Mortgage
$1,982,500
Outstanding Balance
$1,610,527
Interest Rate
2.93%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,876,251

Purchase Details

Listed on
Sep 29, 2015
Closed on
Oct 21, 2015
Sold by
Shaffer Fred
Bought by
Snow Amy Lee and Snow Curtis Ray
Seller's Agent
Robb Stroyke
Bayside
Buyer's Agent
Debra Jaffe
The Agency
List Price
$2,779,000
Sold Price
$2,835,000
Premium/Discount to List
$56,000
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$2,268,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2006
Sold by
Shaffer Jennifer J
Bought by
Shaffer Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 2006
Sold by
Seidman Richard Irving
Bought by
Shaffer Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 18, 2002
Sold by
Downing Stephen Michael
Bought by
Seidman Richard Irving and Seidman Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.25%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Downing Stephen Michael
Bought by
Downing Stephen Michael and Downing Adrienne Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.37%

Purchase Details

Closed on
Nov 14, 1996
Sold by
Trust Santos, Steven J Tr Steven J Santos
Bought by
Downing Stephen Michael and Downing Adrienne Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.53%

Purchase Details

Closed on
Nov 18, 1993
Sold by
Santos Steven J
Bought by
Santos Steven J and Williams Deborah K
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
Johnstone Peter Michael $3,050,000 Fidelity National Title Co
Snow Amy Lee $2,835,000 Lawyers Title
Shaffer Fred -- Southland Title Corporation
Shaffer Fred $2,545,000 Southland Title Corporation
Seidman Richard Irving $1,800,000 Investors Title Company
Downing Stephen Michael -- Fidelity National Title Co
Downing Stephen Michael -- Fidelity National Title Co
Downing Stephen Michael $1,100,000 Investors Title Company
Santos Steven J $87,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnstone Peter Michael $1,982,500
Previous Owner Snow Amy Lee $2,268,000
Previous Owner Shaffer Fred $509,000
Previous Owner Shaffer Fred $1,781,500
Previous Owner Seidman Richard Irving $900,000
Previous Owner Downing Stephen Michael $600,000
Previous Owner Downing Stephen Michael $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2017 10/05/17 Sold $3,050,000 -6.2% $601 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
07/28/2017 07/28/17 Price Changed $3,250,000 -6.8% $641 / Sq Ft
06/22/2017 06/22/17 Price Changed $3,488,000 -5.4% $688 / Sq Ft
05/31/2017 05/31/17 Price Changed $3,687,500 -2.8% $727 / Sq Ft
05/10/2017 05/10/17 For Sale $3,795,000 +33.9% $748 / Sq Ft
11/19/2015 11/19/15 Sold $2,835,000 +2.0% $559 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $2,779,000 -- $548 / Sq Ft
Source: The MLS

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 $38,939 $3,470,375 $2,152,884 $1,317,491
2024 $38,939 $3,402,329 $2,110,671 $1,291,658
2023 $37,873 $3,335,618 $2,069,286 $1,266,332
2022 $37,215 $3,270,214 $2,028,712 $1,241,502
2021 $36,518 $3,206,093 $1,988,934 $1,217,159
2019 $35,533 $3,111,000 $1,929,942 $1,181,058
2018 $34,801 $3,050,000 $1,892,100 $1,157,900
2017 $32,904 $2,891,700 $1,837,224 $1,054,476
2016 $31,477 $2,835,000 $1,801,200 $1,033,800
2015 $25,252 $2,287,000 $1,155,000 $1,132,000
2014 $23,992 $2,159,600 $1,090,700 $1,068,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-227774

The MLS

APN: 4167-021-049