NOT LISTED FOR SALE

Estimated Value: $7,224,000 - $9,904,791

4 Beds
4.5 Baths
4,047 Sq Ft
$2,111/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $7,600,000 $1,878 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $56,089/month

43 Days on Market

Highlights

  • White Water Ocean Views
  • Home Theater
  • Open Floorplan
  • Grand View Elementary School Rated A
  • Primary Bedroom Suite
  • Dual Staircase

About This Home

As of August 2017

Not often does a property come along that has it all, but there is no denying that 132 16th Street has it all and more! From being perfectly positioned on a prime walkstreet, literally steps to the Pacific Ocean and minutes to downtown Manhattan Beach to it’s sleek, timeless design, this home is the epitome of Southern California beach living. The sophisticated design by renowned local architect Louie Tomaro incorporates coastal elements that seamlessly blend the interior with the exterior spaces. Brought to life and newly built by Moloney Development, this custom home offers jaw-dropping ocean, sunset & whitewater views south to Catalina and all the way north to Malibu. Warm wood elements, modern lines, and exquisite top of the line finishes provide a feeling of luxury and comfort in this 4 bedroom, 4.5 bath, 4,100 esf. home. Impressive amenities include a gourmet Chef’s kitchen, home office with custom built-ins, 3-stop elevator, media room with full bar, entertainment deck with BBQ and outdoor kitchen, 4 fireplaces, fully integrated Savant audio/video system, Lutron automated window shades, one touch lighting and 4-car parking!

Last Listed By

Nicholas Schneider

Compass License #01867363 Listed on: 05/18/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $99,313

Year Built

  • Built in 2013

Lot Details

  • 2,699 Sq Ft Lot
  • Wood Fence
  • Front Yard
  • Property is zoned MNRM

Parking

  • 3 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Tandem Parking

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Turnkey
  • Wood Product Walls

Interior Spaces

  • 4,047 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Storage
  • Wood Flooring
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Alarm System
  • Carbon Monoxide Detectors

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Lanai
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Water Purifier
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6174
  • Assessor Parcel Number 4179030009

Home Details

Home Type

Single Family

Est. Annual Taxes

$99,313

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: MNRM
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4179030009
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4047.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Crown Molding, Elevator, Furnished, High Ceilings, Home Automation System, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Phone System, Recessed Lighting, Storage, Sump Pump, Sunken Living Room, Tandem, Vacuum Central, Wainscoting, Wet Bar, Wired for Data, Wired for Sound, Wood Product Walls
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Master Retreat, Outside, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1877.93
  • Room Type: Bonus Room, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Suite, Media Room, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Custom Covering, Screens, Skylight(s)
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Deck, Lanai, Patio Open, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Oversized, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central, Zoned, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Walkstreet
  • Lot Size Sq Ft: 2699.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 10
  • Tax Tract Number: 6174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Desilva Harindra and De Silva Charlotte
Bought by
Mcdonough Bart and Mcdonough Cheryl M
Total Days on Market
43
Current Estimated Value
$8,541,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,395,000
Outstanding Balance
$4,940,852
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,601,078

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 8, 2017
Sold by
Andrews Blake
Bought by
Desilva Harindra and Desilva Charlotte Harding
Seller's Agent
Nicholas Schneider
Compass
Buyer's Agent
Andy McGuire
Palm Realty Boutique, Inc.
List Price
$8,499,000
Sold Price
$7,600,000
Premium/Discount to List
-$899,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$4,560,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 26, 2014
Closed on
Jan 13, 2014
Sold by
Plantation Endeavour 1 Llc
Bought by
Andrews Barry G and The Blake T Andrews Remainder Trust
Seller's Agent
William Herman
Pierside Realty, Inc.
Buyer's Agent
Nicholas Schneider
Compass
List Price
$57,500,000
Sold Price
$5,750,000
Premium/Discount to List
-$51,750,000
-90%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$4,182,500
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2012
Sold by
Arnstein Ellen
Bought by
Plantation Endeavour 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2012
Sold by
Moloney Keli M
Bought by
Moloney Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2008
Sold by
Hoppenfeld Paul
Bought by
Hoppenfeld Paul and Hoppenfeld Survivors Trust

Purchase Details

Closed on
Jun 28, 1999
Sold by
Hoppenfeld Paul H
Bought by
Hoppenfeld Paul and Hoppenfeld Bess

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
Mcdonough Bart $8,300,000 First American Title Company
Desilva Harindra $7,600,000 Lawyers Title Company
Andrews Barry G $5,750,000 Usa National Title Company
Plantation Endeavour 1 Llc $2,600,000 Usa National Title Company
Moloney Dennis -- Usa National Title Company
Hoppenfeld Paul -- None Available
Hoppenfeld Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonough Bart $5,395,000
Previous Owner Desilva Harindra $4,216,000
Previous Owner Desilva Harindra $4,560,000
Previous Owner Andrews Barry G $4,182,500
Previous Owner Plantation Endeavour 1 Llc $2,941,200
Previous Owner Plantation Endeavour 1 Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $7,600,000 -10.6% $1,878 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $8,499,000 +47.8% $2,100 / Sq Ft
02/26/2014 02/26/14 Sold $5,750,000 -90.0% $1,438 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $57,500,000 -- $14,375 / 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
2024 $99,313 $8,808,026 $7,428,456 $1,379,570
2023 $96,820 $8,635,320 $7,282,800 $1,352,520
2022 $95,126 $8,466,000 $7,140,000 $1,326,000
2021 $89,771 $7,988,956 $6,937,778 $1,051,178
2020 $88,937 $7,907,040 $6,866,640 $1,040,400
2019 $87,328 $7,752,000 $6,732,000 $1,020,000
2018 $85,666 $7,600,000 $6,600,000 $1,000,000
2016 $65,546 $5,954,323 $3,857,366 $2,096,957
2015 $64,178 $5,864,884 $3,799,425 $2,065,459
2014 $29,360 $2,664,040 $2,664,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17111373

California Regional Multiple Listing Service (CRMLS)

APN: 4179-030-009