NOT LISTED FOR SALE

1421 12th St Unit 2 Manhattan Beach, CA 90266

Estimated Value: $1,316,383 - $1,431,000

2 Beds
2.5 Baths
1,337 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $1,195,000 $894 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,144/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Dual Staircase
  • Meadows Avenue Elementary School Rated A
  • Open Floorplan
  • Victorian Architecture

About This Home

As of October 2022

Welcome home! It truly doesn’t get any better than this stylishly remodeled townhome; the most affordable way to stay cool in a prime Manhattan Beach location. Enjoy the open floorplan with a fully renovated kitchen that includes glossy European styled cabinetry, quartz counters, and breakfast bar. The dining and living areas have beautiful natural light and flow perfectly into each other with easy access to the generous sized balcony, built-in cabinetry for extra storage, and views of the fireplace from all living areas. A powder room compliments the main level of the home. Upstairs offers two large bedroom suites each with their own chic bathrooms. The primary suite has a walk-in closet and its own balcony. With direct access to the two-car garage, coming and going is a breeze. An additional space can be used for third car parking. Numerous upgraded features include: a brand-new high efficiency HVAC system to always keep you comfortable even on the hottest of days, recessed lighting throughout, epoxy coated garage floor, and newer flooring. The location of this home cannot be beat – just minutes to downtown Manhattan Beach, all shopping (Trader Joe’s, Target, and Manhattan Village), Meadows Elementary School, and convenient freeway access. Don’t miss this opportunity – this is the lowest priced property in all of Manhattan Beach!

Last Agent to Sell the Property

Jennifer Merritt

Vista Sotheby's International Realty License #01809494 Listed on: 09/15/2022

Co-Listed By

Kevin Sanderson

Vista Sotheby’s International Realty License #02018279

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,131

Year Built

  • Built in 1985

Lot Details

  • 7,497 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Victorian Architecture

Interior Spaces

  • 1,337 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Open to Family Room
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43640
  • Assessor Parcel Number 4166008048

Community Details

Overview

  • 5 Units
  • Royal Victoria HOA
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,131

Year Built

Built in 1985

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Furnishings negotiable
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNRH
  • Architectural Style: Victorian
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4166008048
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1337.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 893.79
  • Room Type: All Bedrooms Up, Entry, Galley Kitchen, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Hookup, Washer Included
  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Pets Permitted
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Victoria HOA
  • Phone: 310
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Royal Victoria HOA

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7497.00
  • Lot Size Acres: 0.1721

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7497.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6204.00
  • Tax Lot: 1
  • Tax Tract Number: 43640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 4, 2022
Sold by
Joseph Glenn Higuera Separate Property T
Bought by
Tji Living Trust
Seller's Agent
Jennifer Merritt
Vista Sotheby's International Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,195,000
Premium/Discount to List
-$55,000
-4.4%
Total Days on Market
14
Views
11
Current Estimated Value
$1,389,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,846
Avg. Annual Appreciation
5.91%
Original Mortgage
$717,000
Outstanding Balance
$688,079
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$701,767

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 27, 2022
Sold by
Patel Paresh N and Patel Anjala
Bought by
Joseph Glenn Higuera Separate Property Trust
Seller's Agent
Matthew Shinn
Shinn Real Estate Group
Buyer's Agent
Jennifer Merritt
Vista Sotheby's International Realty
List Price
$1,199,000
Sold Price
$1,160,000
Premium/Discount to List
-$39,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%

Purchase Details

Listed on
May 9, 2013
Closed on
Jun 17, 2013
Sold by
Karlin Charles I
Bought by
Patel Paresh N and Amin Anjala
Seller's Agent
Taya DiCarlo
Compass
Buyer's Agent
Matthew Shinn
A+ Realty
List Price
$685,000
Sold Price
$707,000
Premium/Discount to List
$22,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$137,000
Interest Rate
3.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 27, 2012
Sold by
Karlin Charles I
Bought by
Karlin Charles I and Karlin Erica C

Purchase Details

Closed on
Nov 9, 2010
Sold by
Karlin Charles
Bought by
Karlin Charles and Karlin Erica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2002
Sold by
Karlin Charles and Karlin Erica
Bought by
Karlin Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 22, 2000
Sold by
Wells Brooks L
Bought by
Karlin Charles and Karlin Erica

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
7.75%

Purchase Details

Closed on
Apr 16, 1999
Sold by
F & J Calhoun Living Trust
Bought by
Wells Brooks L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7%

Purchase Details

Closed on
Nov 30, 1996
Sold by
Calhoun Fred L
Bought by
Calhoun Fred L and Calhoun Jean G
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
Tji Living Trust $1,195,000 Chicago Title
Joseph Glenn Higuera Separate Property Trust $1,160,000 Lawyers Title
Patel Paresh N $707,000 Usa National Title Co
Karlin Charles I -- None Available
Karlin Charles -- Lawyers Title Company
Karlin Charles -- Lawyers Title Company
Karlin Charles $320,000 Stewart Title
Wells Brooks L $300,000 Lawyers Title Company
Calhoun Fred L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tji Living Trust $717,000
Previous Owner Patel Paresh N $478,000
Previous Owner Patel Paresh N $150,000
Previous Owner Patel Paresh N $137,000
Previous Owner Patel Paresh N $417,000
Previous Owner Karlin Charles $380,000
Previous Owner Karlin Charles $340,000
Previous Owner Karlin Charles $151,000
Previous Owner Karlin Charles $333,700
Previous Owner Karlin Charles $322,700
Previous Owner Karlin Charles $272,000
Previous Owner Karlin Charles $34,000
Previous Owner Karlin Charles $256,000
Previous Owner Wells Brooks L $300,000
Closed Karlin Charles $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $1,195,000 -2.4% $894 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/25/2022 09/25/22 Price Changed $1,225,000 -2.0% $916 / Sq Ft
09/15/2022 09/15/22 For Sale $1,250,000 +7.8% $935 / Sq Ft
07/29/2022 07/29/22 Sold $1,160,000 -3.3% $868 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $1,199,000 0.0% $897 / Sq Ft
12/01/2020 12/01/20 Rented $3,850 -1.3% --
11/22/2020 11/22/20 Under Contract -- -- --
11/07/2020 11/07/20 For Rent $3,900 0.0% --
10/06/2020 10/06/20 Off Market $3,900 -- --
09/06/2020 09/06/20 For Rent $3,900 +1.3% --
06/23/2015 06/23/15 Rented $3,850 0.0% --
06/23/2015 06/23/15 For Rent $3,850 +6.9% --
07/17/2014 07/17/14 Rented $3,600 -2.7% --
07/17/2014 07/17/14 For Rent $3,700 +8.8% --
08/26/2013 08/26/13 Rented $3,400 -8.0% --
08/09/2013 08/09/13 Under Contract -- -- --
07/15/2013 07/15/13 For Rent $3,695 0.0% --
06/27/2013 06/27/13 Sold $707,000 +3.2% $529 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $685,000 -- $512 / 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 $14,131 $1,218,900 $941,460 $277,440
2023 $13,759 $1,195,000 $923,000 $272,000
2022 $9,609 $820,396 $594,355 $226,041
2021 $9,388 $804,310 $582,701 $221,609
2019 $9,155 $780,456 $565,419 $215,037
2018 $9,029 $765,154 $554,333 $210,821
2016 $8,269 $735,444 $532,808 $202,636
2015 $8,099 $724,398 $524,805 $199,593
2014 $7,991 $710,209 $514,525 $195,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22202836

California Regional Multiple Listing Service (CRMLS)

APN: 4166-008-048