NOT LISTED FOR SALE

1406 Laurel Ave Manhattan Beach, CA 90266

Estimated Value: $5,277,404 - $6,956,000

5 Beds
5.5 Baths
4,552 Sq Ft
$1,331/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $3,975,000 $873 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $35,732/month

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom Retreat
  • Main Floor Bedroom
  • Pacific Elementary School Rated A
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2021

One of the great joys of living in MB, is finding a big home, on a big lot, with very a short convenient walkability, this luxury home does just that. Located Just steps from two award-winning schools (AMS & Pacific) and a straight shot West 3 blocks to Downtown. This location is ideal for those seeking more outdoor space paired w/ ease of access to all the community happenings & the beach. It features a soft, coastal interior design crafted by Kate Lester interiors. The formal living room has a large fireplace, built-in library shelving & wet bar. The formal dining room enjoys views of the interior courtyard. The large family room has a stone fireplace & built-in media cabinets. The custom kitchen features glass-faced cabinets, tray ceilings, center island w/ built-in microwave, pot filler, Viking range, walk-in pantry. From the kitchen, step into a sun-filled breakfast room. French doors open to an entertainer's backyard w/ drought-tolerant landscaping & retractable sun shades. The upper level finds the expansive master bedroom retreat w/ private fireplace, large walk-in closet, elegant master bath & an office/nursery area. Two more bedroom suites & the laundry room are also located on this level. The entry level has a mother-in-law suite & the lower level has a private guest suite! The 3-car garage features built-in shelving & storage. The Badminton Club, Metlox Plaza, the weekly Farmer's market, sports fields, Live Oak Park & more are all within walking distance!

Last Agent to Sell the Property

Robb Stroyke

Bayside License #00940891 Listed on: 03/09/2021

Last Buyer's Agent

Jim Van Zanten

Vista Sotheby’s International Realty License #00544011

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5,992 Sq Ft Lot
  • West Facing Home
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Back Yard
  • Property is zoned MNRS

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 4,552 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Awning
  • Custom Window Coverings
  • Wood Frame Window
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Outdoor Fireplace
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Suburban Location

Utilities

  • Central Heating
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 6
  • Assessor Parcel Number 4171031017

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171031017
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4552.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Bar, Beamed Ceilings, Built-in Features, Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Home Automation System, Pantry, Recessed Lighting, Storage, Tray Ceiling(s), Unfurnished, Wainscoting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Master Retreat, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 873.24
  • Room Type: Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Multi-Level Bedroom, Office, Walk-In Closet, Walk-In Pantry
  • Window Features: Custom Covering, Wood Frames
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Exterior Features: Awning(s), Barbecue Private, Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Patio, Patio Open, Front Porch, Stone
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 5992.00
  • Lot Size Acres: 0.1376

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5992.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 6203.03
  • Tax Lot: 5
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2019
Sold by
Matthews Kyle B and Matthews Alanna S
Bought by
Matthews Kyle B and Matthews Alanna S
Current Estimated Value
$6,057,851

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
Outstanding Balance
$831,123
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,226,728

Purchase Details

Closed on
Mar 13, 2015
Sold by
Mccaughey Gerard
Bought by
Matthews Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,362,500
Outstanding Balance
$1,721,691
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,336,160

Purchase Details

Listed on
Apr 1, 2012
Closed on
Apr 12, 2012
Sold by
Suh Sung Yup and Yoo Yun Joo
Bought by
Mccaughey Gerard and Mccaughey Sophie
Seller's Agent
John Chukka
West Shores Realty, Inc.
Buyer's Agent
Trevor Plunkett
Vista Sotheby’s International Realty
Sold Price
$2,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Nov 2, 2006
Sold by
Gravatt Construction Inc
Bought by
Suh Sung Yup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Hewitt Relocation Services Inc
Bought by
Gravatt Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
5.48%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2005
Sold by
Brekhus Mark E and Brekhus Lora L
Bought by
Hewitt Relocation Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
5.48%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 17, 1996
Sold by
Anderson John D
Bought by
Brekhus Mark E and Brekhus Lora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.5%

Purchase Details

Closed on
Jun 3, 1994
Sold by
Anderson John D and Anderson Helen M
Bought by
Anderson John D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matthews Kyle B -- Chicago Title Company
Matthews Family Trust $3,150,000 Chicago Title Company
Mccaughey Gerard $2,375,000 Usa National Title Co
Suh Sung Yup $2,825,000 Lawyers Title
Gravatt Construction Inc $1,560,000 Old Republic Title Company
Hewitt Relocation Services Inc -- Old Republic Title Company
Brekhus Mark E $465,000 Provident Title Company
Anderson John D -- --
Anderson John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Kyle B $1,000,000
Open Matthews Family Trust $2,362,500
Previous Owner Suh Sung Yup $1,200,000
Previous Owner Gravatt Construction Inc $1,890,000
Previous Owner Brekhus Mark E $372,000
Closed Brekhus Mark E $46,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2021 04/20/21 Sold $3,975,000 -0.5% $873 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $3,995,000 +68.2% $878 / Sq Ft
05/31/2012 05/31/12 Sold $2,375,000 -- $522 / Sq Ft View Prior Sale
04/01/2012 04/01/12 Pending -- -- --
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 $48,668 $4,302,665 $3,327,070 $975,595
2024 $48,069 $4,218,300 $3,261,834 $956,466
2023 $46,746 $4,135,589 $3,197,877 $937,712
2022 $45,932 $4,054,500 $3,135,174 $919,326
2021 $39,743 $3,497,516 $2,420,394 $1,077,122
2020 $39,374 $3,461,654 $2,395,576 $1,066,078
2019 $38,670 $3,393,779 $2,348,604 $1,045,175
2018 $37,861 $3,327,235 $2,302,553 $1,024,682
2016 $35,338 $3,198,037 $2,213,143 $984,894
2015 $27,340 $2,482,118 $1,855,057 $627,061
2014 $26,950 $2,433,497 $1,818,719 $614,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21049617

California Regional Multiple Listing Service (CRMLS)

APN: 4171-031-017