NOT LISTED FOR SALE

1241 Ocean Dr Hermosa Beach, CA 90254

Estimated Value: $1,538,000 - $3,815,000

2 Beds
1 Bath
742 Sq Ft
$3,879/Sq Ft Est. Value

About This Home

This home is located at 1241 Ocean Dr, Hermosa Beach, CA 90254 and is currently estimated at $2,878,489, approximately $3,879 per square foot. 1241 Ocean Dr is a home located in Los Angeles County with nearby schools including Hermosa View Elementary School, Hermosa Valley Elementary School, and Our Lady of Guadalupe School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2014
Sold by
Ludwig Geoffrey P
Bought by
Lastition Joseph Eric and Sehr Sharene D
Current Estimated Value
$2,878,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 23, 2014
Sold by
Ludwig Geoffrey
Bought by
Ludwig Geoffrey P and Ludwig Lizette

Purchase Details

Closed on
Dec 4, 2013
Sold by
Ludwig Lizette
Bought by
Ludwig Geoffrey

Purchase Details

Closed on
Mar 16, 2005
Sold by
Bohney Kurt
Bought by
Ludwig Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Frew Helen N Decd Est Of
Bought by
Bohney Kurt and Miller Carolyn

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
6.93%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lastition Joseph Eric $1,800,000 Usa National Title Co
Ludwig Geoffrey P -- None Available
Ludwig Geoffrey -- Accommodation
Ludwig Geoffrey $785,000 Fidelity National Title Co
Bohney Kurt $280,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lastition Joseph Eric $1,232,000
Closed Lastition Joseph Eric $1,277,000
Closed Lastition Joseph Eric $1,397,000
Closed Lastition Joseph Eric $250,000
Closed Lastition Joseph Eric $1,440,000
Previous Owner Ludwig Geoffrey $1,523,000
Previous Owner Ludwig Geoffrey $1,523,500
Previous Owner Ludwig Geoffrey $1,517,520
Previous Owner Ludwig Geoffrey $628,000
Previous Owner Bohney Kurt $207,000
Previous Owner Bohney Kurt $220,000
Closed Ludwig Geoffrey $117,750
Source: Public Records

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 $22,977 $2,163,319 $1,353,759 $809,560
2024 $22,977 $2,120,902 $1,327,215 $793,687
2023 $22,502 $2,079,317 $1,301,192 $778,125
2022 $22,098 $2,038,547 $1,275,679 $762,868
2021 $21,715 $1,998,576 $1,250,666 $747,910
2019 $21,142 $1,939,299 $1,213,571 $725,728
2018 $20,428 $1,901,275 $1,189,776 $711,499
2016 $19,415 $1,827,449 $1,143,577 $683,872
2015 $19,041 $1,800,000 $1,126,400 $673,600
2014 $17,629 $1,668,599 $892,615 $775,984
Source: Public Records

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