NOT LISTED FOR SALE

1421 12th St Unit 1 Manhattan Beach, CA 90266

Estimated Value: $1,258,113 - $1,569,000

2 Beds
2.5 Baths
1,337 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $830,280 $621 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,891/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • End Unit
  • Meadows Avenue Elementary School Rated A
  • Living Room with Attached Deck
  • Granite Countertops

About This Home

As of April 2016

Bright, cheerful, move-in ready townhouse is the front unit in this Cape Cod-style building. Huge living room (brick fireplace), dining room, and kitchen all receive lots of morning & afternoon sunlight. Owners recently updated all 3 bathrooms, installed gleaming hardwood floors throughout, added new lighting, lovely built-in floor-to-ceiling bookshelf, and updated kitchen with granite countertops & stainless steel appliances. Upstairs are two large bedrooms with in-suite bathrooms. There is lots of storage space including California closets in the Master bedroom. The skylight in the guest bathroom adds even more natural light. Both Master Bedroom and Dining Room have attached decks. Crisp white plantation shutters line the deck doors and all the windows. The spacious two-car garage includes built-in storage cabinets & the laundry area. This special home (one of only 5 units) is very quiet, has low HOA fees, and is located just a short block from the award-winning Meadows Elementary School, Polliwog Park and Manhattan Beach Middle School. Manhattan Beach Preschool is just around the corner. With easy access to the restaurants and shops in downtown Manhattan Beach, this location is a commuter’s dream with LAX and the freeway just minutes away.

Last Agent to Sell the Property

H. Mark Boyd

Coldwell Banker Residential Br License #01452670 Listed on: 02/11/2016

Last Buyer's Agent

Lauren Forbes

Compass License #01295248

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,277

Year Built

  • Built in 1985

Lot Details

  • 7,497 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Landscaped
  • Front Yard Sprinklers
  • Lawn

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,337 Sq Ft Home
  • Wainscoting
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Plantation Shutters
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Convection Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43640
  • Assessor Parcel Number 4166008047

Community Details

Overview

  • Master Insurance
  • 5 Units
  • Royal Victoria Association
  • Maintained Community

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,277

Year Built

Built in 1985

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Cape Cod
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4166008047
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1337.00
  • Interior Amenities: Balcony, Copper Plumbing Full, Granite Counters, Living Room Deck Attached, Recessed Lighting, Storage, Wainscoting
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Ell
  • Fireplace Features: Gas, Gas Starter, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 621.00
  • Room Type: All Bedrooms Up, Galley Kitchen, Living Room
  • Window Features: Plantation Shutters, Skylight(s)

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Door Opener, Built-In Storage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Quarterly, Insurance, Maintenance Grounds
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Victoria
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Features: Lawn, Landscaped, Sprinklers In Front, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 7497.00
  • Price Per Lot Square Foot: 110.75
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7497.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 43640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2017
Sold by
Forbes Lauren Sra
Bought by
Forbes Lauren S and Lauren S Forbes Revocable Trust
Total Days on Market
7
Current Estimated Value
$1,389,778

Purchase Details

Listed on
Feb 11, 2016
Closed on
Feb 26, 2016
Sold by
Elortegui Daniel
Bought by
Forbes Lauren
Seller's Agent
H. Mark Boyd
Coldwell Banker Residential Br
Buyer's Agent
Lauren Forbes
Compass
List Price
$785,000
Sold Price
$830,280
Premium/Discount to List
$45,280
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$500,000
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 2007
Sold by
Erdmann Luz Matilde
Bought by
Elortegui Daniel and Elortegui Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Erdmann Luz Matilde
Bought by
Erdmann Luz Matilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2000
Sold by
Jorgensen Terry L
Bought by
Erdmann Luz Matilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
10.92%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Lyall Paige A
Bought by
Erdmann Luz Matilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
10.3%
Source: Public Records

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Range of Values:

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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
Forbes Lauren S -- None Available
Forbes Lauren $7,194,136 Progressive Title Company
Elortegui Daniel $675,000 Gateway Title Company
Erdmann Luz Matilde -- Investors Title Company
Erdmann Luz Matilde -- American Title Co
Erdmann Luz Matilde $310,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes Lauren $420,000
Closed Forbes Lauren $500,000
Previous Owner Elortegui Daniel $304,000
Previous Owner Elortegui Daniel $325,000
Previous Owner Erdmann Luz Matilde $490,000
Previous Owner Erdmann Luz Matilde $450,000
Previous Owner Erdmann Luz Matilde $337,500
Previous Owner Erdmann Luz Matilde $20,000
Previous Owner Erdmann Luz Matilde $256,000
Previous Owner Erdmann Luz Matilde $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $830,280 +5.8% $621 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $785,000 -- $587 / 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 $11,277 $963,628 $707,838 $255,790
2023 $10,975 $944,734 $693,959 $250,775
2022 $10,789 $926,210 $680,352 $245,858
2021 $10,622 $908,050 $667,012 $241,038
2019 $10,342 $881,119 $647,229 $233,890
2018 $10,133 $863,843 $634,539 $229,304
2016 $8,340 $748,963 $555,787 $193,176
2015 $8,167 $737,714 $547,439 $190,275
2014 $8,058 $723,264 $536,716 $186,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16028741

California Regional Multiple Listing Service (CRMLS)

APN: 4166-008-047