NOT LISTED FOR SALE

1401 Chestnut Ave Manhattan Beach, CA 90266

Estimated Value: $2,287,000 - $2,835,000

3 Beds
2 Baths
1,557 Sq Ft
$1,645/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $1,715,000 $1,101 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $15,345/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Meadows Avenue Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2016

The perfect Manhattan Beach single level home in the heart of one of the best neighborhoods in Southern California. This California Classic home looks like a Coastal Living Magazine photo shoot home and was completely remodeled in 2013. Restoration Hardware perfect this 3 bedroom plus office, 2 bathroom one level home features: New Gourmet lovers kitchen with all new Viking Stainless Steel Appliances, center island with quarz counter tops, farmhouse sink, and new custom cabinets. Kitchen opens to large family room and dining area with new hardwood floors. Large master suite with Four Seasons Hotel spa-like bathroom complete with dual sink vanity, glass enclosed shower with Carerra subway tile and classic Claw-foot- soaking tub. All new windows, new electrical, new Furnace and complete with Air Conditioning! Do not miss the sun drenched west facing backyward with synthetic grass golf putting green. New roof, solar power panels, custom flagstone hardscaping, new windows and more. Do not miss the bonus room/office! Attached 2 car garage perfect for home gym or car storage! Walk to award winning Manhattan Beach Schools and located just a 5 minute drive from one the best beaches in the USA.

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 03/23/2016

Last Buyer's Agent

Sheri Fejeran

Palm Realty Boutique Inc. License #01217478

Palm Realty Boutique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,939

Year Built

  • Built in 1947

Lot Details

  • 4,901

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,557 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Additional Features

  • 4,901 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 193
  • Tax Tract Number 6204
  • Assessor Parcel Number 4166025031

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,939

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: washer/dryer
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4166025031
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1557.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 1101.48
  • Room Type: Main Floor Master Bedroom, Master Suite

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Size Sq Ft: 4901.00
  • Price Per Lot Square Foot: 349.93

Multi Family

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

Tax Info

  • Tax Lot: 193
  • Tax Tract Number: 6204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2018
Sold by
Pipkin Chester John and Pipkin Colleen Jeanette
Bought by
Pipkin Chester John and Pipkin Colleen Jeanette
Current Estimated Value
$2,561,390

Purchase Details

Listed on
Mar 23, 2016
Closed on
Apr 4, 2016
Sold by
Klatt Joel
Bought by
Chester John Pipkin Jr Revocable Trust
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Sheri Fejeran
Palm Realty Boutique Inc.
List Price
$1,699,000
Sold Price
$1,715,000
Premium/Discount to List
$16,000
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$418,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2013
Sold by
Prendergast Stephen C
Bought by
Klatt Joel and Klatt Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 1997
Sold by
Muller Michael
Bought by
Prendergast Stephen C and Prendergast Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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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
Pipkin Chester John -- None Available
Pipkin Chester John -- None Available
Pipkin Chester John -- None Available
Chester John Pipkin Jr Revocable Trust $1,715,000 Usa National Title Inc
Klatt Joel $1,262,500 Lawyers Title Co
Prendergast Stephen C $480,000 Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chester John Pipkin Jr Revocable Trust $418,000
Previous Owner Klatt Joel $1,010,000
Previous Owner Prendergast Stephen C $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold $1,715,000 +0.9% $1,101 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $1,699,000 -- $1,091 / 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 $22,939 $2,030,206 $1,569,829 $460,377
2024 $22,939 $1,990,399 $1,539,049 $451,350
2023 $22,280 $1,951,372 $1,508,872 $442,500
2022 $21,897 $1,913,111 $1,479,287 $433,824
2021 $21,450 $1,875,600 $1,450,282 $425,318
2019 $20,874 $1,819,970 $1,407,267 $412,703
2018 $20,425 $1,784,285 $1,379,674 $404,611
2016 $14,520 $1,307,360 $1,045,889 $261,471
2015 $14,219 $1,287,723 $1,030,179 $257,544
2014 $14,021 $1,262,500 $1,010,000 $252,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16060549

California Regional Multiple Listing Service (CRMLS)

APN: 4166-025-031