NOT LISTED FOR SALE

124 1st Place Unit 2 Manhattan Beach, CA 90266

Estimated Value: $3,976,000 - $4,803,000

4 Beds
5 Baths
2,323 Sq Ft
$1,832/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $2,499,000 $1,076 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $25,336/month

19 Days on Market

Highlights

  • White Water Ocean Views
  • Spa
  • Ocean Side of Highway 1
  • Opal Robinson Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of August 2013

Prime South End location, short walk to downtown Hermosa and Manhattan, the beach and Robinson School. Approximately 2,323sf of living space. 4 bedrooms, 3 full baths, and 2 half baths. Fourth bedroom is located in the basement, has a half bath and is being used as a secondary family room. Nice white water and ocean views from upper deck and kitchen, living and dining rooms. Very light and very private, unusual for 100 block homes. Master suite has two person ocean view spa tub on private deck. Three stop elevator. Hardwood floors, custom tile and stone finishes. Built in 2006 by KKC Construction.

Last Agent to Sell the Property

Robb Stroyke

Bayside License #00940891 Listed on: 06/19/2013

Last Buyer's Agent

Peggy Johnston

Strand Hill Properties License #01137455

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $34,136

Year Built

  • Built in 2006

Lot Details

  • 2,713 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Spanish Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 2,323 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Spa
  • Ocean Side of Highway 1
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6209
  • Assessor Parcel Number 4180018027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$34,136

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4180018027
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2323.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Elevator, Living Room Deck Attached
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Separated
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1075.76
  • Room Type: Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, In Closet, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Size Sq Ft: 2713.00
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2713.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jul 25, 2013
Sold by
Durham Kelton Strowd
Bought by
Grossi Guillermo M and Grossi Camille L
Seller's Agent
Robb Stroyke
Bayside
Buyer's Agent
Peggy Johnston
Strand Hill Properties
List Price
$2,499,000
Sold Price
$2,499,000
Current Estimated Value
$4,254,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,755,748
Avg. Annual Appreciation
4.46%
Original Mortgage
$800,000
Outstanding Balance
$194,607
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$4,060,141

Purchase Details

Closed on
Nov 18, 2011
Sold by
Durham Kelton S and Durham Teresa P
Bought by
Durham Kelton Strowd and Durham Teresa Parsons

Purchase Details

Closed on
Jul 29, 2009
Sold by
Durham Kelton S and Durham Teresa P
Bought by
Durham Kelton S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2006
Sold by
Roberts Allan
Bought by
Durham Kelton S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,746,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Grossi Guillermo M $2,499,000 Usa National Title Company
Durham Kelton Strowd -- None Available
Durham Kelton S -- Fidelity National Title Co
Durham Kelton S $2,329,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossi Guillermo M $800,000
Previous Owner Durham Kelton S $729,000
Previous Owner Durham Kelton S $1,746,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $2,499,000 0.0% $1,076 / Sq Ft
06/19/2013 06/19/13 For Sale $2,499,000 -- $1,076 / 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 $34,136 $3,063,420 $557,762 $2,505,658
2024 $34,136 $3,003,354 $546,826 $2,456,528
2023 $33,290 $2,944,465 $536,104 $2,408,361
2022 $32,712 $2,886,732 $525,593 $2,361,139
2021 $32,103 $2,830,131 $515,288 $2,314,843
2019 $31,236 $2,746,190 $500,005 $2,246,185
2018 $30,644 $2,692,344 $490,201 $2,202,143
2016 $28,580 $2,587,799 $471,167 $2,116,632
2015 $27,985 $2,548,929 $464,090 $2,084,839
2014 $27,583 $2,499,000 $455,000 $2,044,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13118043

California Regional Multiple Listing Service (CRMLS)

APN: 4180-018-027