1467 5th St Manhattan Beach, CA 90266
Estimated Value: $1,751,000 - $2,057,000
3
Beds
1
Bath
847
Sq Ft
$2,211/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Property is near a park
- Main Floor Bedroom
- Meadows Avenue Elementary School Rated A
- Wooded Lot
- 3-minute walk to Polliwog Park
About This Home
As of July 2023Rare Opportunity to own and develop a prime Manhattan Beach location Single Family Residence on a sunny, CORNER LOT. Builders are welcome but this property offers potential residents an opportunity to own a home in this wonderful family-oriented neighborhood on one of Mira Costa's premier streets! Fifth Street is one of the few Mira Costa streets that doesn't flow into Aviation nor into Sepulveda...there's a dead end on the east and the church is at the end of the 1400 block so although you get some traffic on Peck, traffic is limited on 5th Street. This is a fairly flat lot with a 2-car garage on Peck Avenue which was built much later than the original home. Near the Mira Costa High School, MBMS, and Pennykamp Elementary, the house offers an ideal location for families with children of all ages. However, this location is also sure to please beach lovers as the surf is only a little over a mile away. This could be your opportunity to finally build your own custom house!!
Last Agent to Sell the Property
Strand Hill Properties License #00680977 Listed on: 05/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,449
Year Built
- Built in 1923
Lot Details
- 4,849 Sq Ft Lot
- Level Lot
- Wooded Lot
- Private Yard
- Value in Land
- Tear Down
- Property is zoned MNRS
Parking
- 2 Car Garage
Property Views
- Woods
- Neighborhood
Interior Spaces
- 847 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Suburban Location
Schools
- Mira Costa High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 28 / 36
- Assessor Parcel Number 4167006028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2023
Closed on
Jul 3, 2023
Sold by
Takiko Morimoto Revocable Trust
Bought by
Alyea Family Trust and Alyea
Seller's Agent
Lizabeth Walker
Strand Hill Properties
Buyer's Agent
Chad Fahlbusch
Strand Hill Properties
List Price
$1,475,000
Sold Price
$1,600,000
Premium/Discount to List
$125,000
8.47%
Total Days on Market
9
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,487
Avg. Annual Appreciation
8.92%
Original Mortgage
$1,120,000
Outstanding Balance
$1,098,327
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$774,160
Purchase Details
Closed on
Mar 1, 2023
Sold by
Morimoto Takiko
Bought by
Takiko Morimoto Revocable Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alyea Family Trust | $1,600,000 | Usa National Title | |
| Takiko Morimoto Revocable Trust | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alyea Family Trust | $1,120,000 | |
| Previous Owner | Morimoto Takiko | $167,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $1,600,000 | +8.5% | $1,889 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/23/2023 05/23/23 | For Sale | $1,475,000 | -- | $1,741 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,449 | $1,600,000 | $1,280,000 | $320,000 |
| 2023 | $4,862 | $419,832 | $335,877 | $83,955 |
| 2022 | $4,780 | $411,601 | $329,292 | $82,309 |
| 2021 | $4,749 | $403,532 | $322,836 | $80,696 |
| 2019 | $4,622 | $391,564 | $313,261 | $78,303 |
| 2018 | $4,495 | $383,887 | $307,119 | $76,768 |
| 2016 | $4,223 | $368,983 | $295,195 | $73,788 |
| 2015 | $4,137 | $363,441 | $290,761 | $72,680 |
| 2014 | $4,089 | $356,323 | $285,066 | $71,257 |
Source: Public Records
Agents Affiliated with this Home
-
Lizabeth Walker
Seller's Agent in 2023
Lizabeth Walker
Strand Hill Properties
(310) 880-8453
8 in this area
20 Total Sales
-
Chad Fahlbusch
Buyer's Agent in 2023
Chad Fahlbusch
Strand Hill Properties
(310) 600-3555
37 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23090416
APN: 4167-006-028
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