Seller's Agent in 2012
Steve Goddard
RE/MAX
(310) 367-7951
1 in this area
3 Total Sales
131 40th St Manhattan Beach, CA 90266
Estimated Value: $2,400,000 - $2,681,000
3
Beds
2
Baths
1,864
Sq Ft
$1,336/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Primary Bedroom Suite
- Open Floorplan
- Grand View Elementary School Rated A
- Ocean Side of Highway 1
- Property is near park
About This Home
As of November 2012Just off the Beach. 6 0r 7 lots from the Strand. Catch the ocean breeze with this incredible beautiful sand section duplex. Incredible views of ocean, Palos Verdes, and Catalina. Remodeled throughout and freshly painted. Front unit is a two bedroom and one and half bath. The master
suite has a large walkin closet and Jacuzzi bath. Large living room with built-in entertainment cabinetry. Separate dining area and two balconcies
to lounge around on. Back unit is a one bedroom, one bath witha large kitchen, living room and balcony. Also features a huge four car garage with room for two more in front.
Last Agent to Sell the Property
Estate Properties License #00475933 Listed on: 09/27/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989 | Remodeled
Lot Details
- 1,346 Sq Ft Lot
- Landscaped
Parking
- 4 Car Garage
- Parking Storage or Cabinetry
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Back Bay
- Catalina
- Panoramic
- City Lights
- Bluff
Home Design
- Mediterranean Architecture
- Turnkey
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 1,864 Sq Ft Home
- Open Floorplan
- Living Room with Attached Deck
- Storage
- Carpet
- Security Lights
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Ocean Side of Highway 1
- Living Room Balcony
- Exterior Lighting
Location
- Property is near park
Utilities
- Forced Air Heating System
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 4103
- Assessor Parcel Number 4137009040
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 22 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $30
- Insurance Expense $800
- Trash Expense $50
- Water Sewer Expense $50
- New Taxes Expense $12,850
- Gross Income $54,300
- Net Operating Income $40,445
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2012
Closed on
Dec 18, 2012
Sold by
Gong Stephen and Gong Doria
Bought by
Manea Ventures Lp
Seller's Agent
Steve Goddard
Estate Properties
Buyer's Agent
Barbi Pappas
Vista Sotheby’s International Realty
List Price
$1,285,000
Sold Price
$1,300,000
Premium/Discount to List
$15,000
1.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,189,728
Avg. Annual Appreciation
5.06%
Purchase Details
Listed on
Sep 27, 2012
Closed on
Oct 2, 2012
Sold by
221 21St Street Llc
Bought by
Gong Steve and Gong Doria
Seller's Agent
Steve Goddard
Estate Properties
Buyer's Agent
Barbi Pappas
Vista Sotheby’s International Realty
List Price
$1,285,000
Sold Price
$1,300,000
Premium/Discount to List
$15,000
1.17%
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
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2011
Sold by
Rabe Joel and Davison Roxana
Bought by
221 21St Street Llc
Purchase Details
Closed on
Jul 6, 2011
Sold by
Rabe Joel and Davison Roxana
Bought by
Rabe Joel and Davison Roxana
Purchase Details
Closed on
May 5, 2011
Sold by
221 21St Street Llc
Bought by
Rabe Joel and Davison Roxana
Purchase Details
Closed on
Dec 7, 2006
Sold by
Rabe Joel and Davison Roxana
Bought by
221 21St Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 8, 2003
Sold by
Gould George James
Bought by
221 21St Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manea Ventures Lp | -- | None Available | |
| Gong Steve | $1,300,000 | Lawyers Title Company | |
| 221 21St Street Llc | -- | Accommodation | |
| Rabe Joel | -- | Accommodation | |
| Rabe Joel | -- | Accommodation | |
| 221 21St Street Llc | -- | Accommodation | |
| Rabe Joel | -- | Lawyers Title Company | |
| 221 21St Street Llc | $1,099,000 | Fidelity National Title Co L |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gong Steve | $600,000 | |
| Previous Owner | Rabe Joel | $535,000 | |
| Previous Owner | 221 21St Street Llc | $530,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2012 11/16/12 | Sold | $1,300,000 | +1.2% | $697 / Sq Ft |
| 10/02/2012 10/02/12 | Pending | -- | -- | -- |
| 09/27/2012 09/27/12 | For Sale | $1,285,000 | -- | $689 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,109 | $1,723,989 | $1,323,781 | $400,208 |
| 2024 | $21,109 | $1,690,186 | $1,297,825 | $392,361 |
| 2023 | $20,614 | $1,657,046 | $1,272,378 | $384,668 |
| 2022 | $20,283 | $1,624,556 | $1,247,430 | $377,126 |
| 2021 | $20,009 | $1,592,703 | $1,222,971 | $369,732 |
| 2019 | $17,877 | $1,545,464 | $1,186,698 | $358,766 |
| 2018 | $17,533 | $1,515,162 | $1,163,430 | $351,732 |
| 2016 | $16,261 | $1,456,328 | $1,118,253 | $338,075 |
| 2015 | $15,925 | $1,434,453 | $1,101,456 | $332,997 |
| 2014 | $15,706 | $1,406,355 | $1,079,880 | $326,475 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Goddard
-
Barbi Pappas
Buyer's Agent in 2012
Barbi Pappas
Vista Sotheby’s International Realty
(310) 266-3300
11 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12121186
APN: 4137-009-040
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