NOT LISTED FOR SALE

125 20th Place Manhattan Beach, CA 90266

Estimated Value: $3,359,781 - $4,711,000

3 Beds
4 Baths
1,938 Sq Ft
$2,034/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $2,950,000 $1,522 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $24,140/month

41 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • No HOA
  • Grand View Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of February 2019

Rare opportunity to purchase a south facing townhouse in the coveted 100 block of the Manhattan sand section. This Matt Morris built home sits three doors up from the Manhattan Beach Strand and has unobstructed views. Ideal layout with 3 bedrooms all with a bathroom en suite and a separate powder room on the third level. Third level great room features a wide open layout perfect for entertaining with panoramic ocean, pier, and whitewater views from the living area and spacious outdoor deck. Two car garage with extra storage and a guest space for 3 car parking. Central A/C recently installed as well as an electrical vehicle charger. A+ location within a short walk to downtown Manhattan Beach shops, restaurants, and entertainment.

Last Agent to Sell the Property

Andy McGuire

Estate Properties License #01891008 Listed on: 12/04/2018

Estate Properties

Co-Listed By

Lee LeGrande

eXp Realty of California Inc License #01316971

Last Buyer's Agent

Andrei Soumzine

Andrei Soumzine, Broker License #01201203

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $37,667

Year Built

  • Built in 2001

Lot Details

  • 2,710 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Parking Available

Property Views

  • White Water Ocean
  • Views of a pier
  • Panoramic

Interior Spaces

  • 1,938 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Schools

  • Grandview Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6203
  • Assessor Parcel Number 4178011026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$37,667

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNRM
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4178011026
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1938.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1522.19
  • Room Type: Master Suite, Walk-In Closet

Exterior Features

  • View: Ocean, Panoramic, Pier, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Manhattan Unified
  • Elementary School: Grandview
  • Middle School: Manhattan Beach
  • High School: Mira Costa
  • Elementary School: Grandview
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: GRANDV
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2710.00
  • Lot Size Acres: 0.0622

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2710.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 1
  • Tax Tract Number: 6203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jan 16, 2019
Sold by
Myers Luke M
Bought by
Fassnacht Michael and Duffaut Rhonda
Seller's Agent
Andy McGuire
Estate Properties
Buyer's Agent
Andrei Soumzine
Andrei Soumzine, Broker
List Price
$2,985,000
Sold Price
$2,950,000
Premium/Discount to List
-$35,000
-1.17%
Current Estimated Value
$3,941,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$991,695
Avg. Annual Appreciation
4.52%
Original Mortgage
$1,000,000
Outstanding Balance
$859,835
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,081,860

Purchase Details

Closed on
Aug 12, 2010
Sold by
Vermeulen Katharine
Bought by
Myers Luke M

Purchase Details

Closed on
Jun 11, 2010
Sold by
Bradley Deborah
Bought by
Myers Luke M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Madden Richard
Bought by
Bradley Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2002
Sold by
Morris Matt
Bought by
Madden Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$861,750
Interest Rate
6.62%
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
Fassnacht Michael $2,950,000 Lawyers Title Co
Myers Luke M -- Progressive Title Company
Myers Luke M $1,640,000 Progressive Title Company
Bradley Deborah $1,385,000 Lawyers Title
Madden Richard $1,149,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fassnacht Michael $1,000,000
Previous Owner Myers Luke M $1,101,000
Previous Owner Myers Luke M $1,150,000
Previous Owner Myers Luke M $1,148,000
Previous Owner Bradley Deborah $1,000,000
Previous Owner Madden Richard $861,750
Previous Owner Madden Richard $861,750
Closed Bradley Deborah $246,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $2,950,000 -1.2% $1,522 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $2,985,000 -- $1,540 / 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 $37,667 $3,290,775 $987,231 $2,303,544
2024 $37,667 $3,226,251 $967,874 $2,258,377
2023 $36,764 $3,162,993 $948,897 $2,214,096
2022 $36,133 $3,100,975 $930,292 $2,170,683
2021 $35,449 $3,040,172 $912,051 $2,128,121
2019 $22,637 $1,883,541 $1,148,502 $735,039
2018 $22,246 $1,846,610 $1,125,983 $720,627
2016 $21,000 $1,774,906 $1,082,260 $692,646
2015 $20,590 $1,748,246 $1,066,004 $682,242
2014 $20,313 $1,714,001 $1,045,123 $668,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18284668

California Regional Multiple Listing Service (CRMLS)

APN: 4178-011-026