NOT LISTED FOR SALE

1500 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $2,884,277 - $3,539,000

3 Beds
2 Baths
1,212 Sq Ft
$2,557/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $2,600,000 $2,145 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,662/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Pacific Elementary School Rated A
  • Stone Countertops
  • Neighborhood Views

About This Home

As of February 2022

What an incredible opportunity to own the quintessential beach cottage home in the heart of the Tree Section of Manhattan Beach! Centrally located and walking distance to award winning Pacific Elementary School and close to downtown Manhattan Beach. This 3 bedroom, 2 bath home is picture perfect and captures your heart as you enter through the Dutch front door and lay your eyes on the remodeled kitchen complete with Carrara marble countertops, subway tile backsplash, a farmhouse sink and stainless steel appliances. It opens to the dining room and spacious family room, which is complete with a built-in speaker system. Light hardwood floors throughout the whole home, add to the beachy feeling. Both bathrooms have recently been remodeled including new layout, tile, and plumbing fixtures. Also recently upgraded is a Vivint alarm system, security cameras (indoor and outdoor) which can be viewed remotely, and motion detector lights in the driveway and backyard. This home has incredible curb appeal with the white picket fence, weathered shingles, and flagstone paver entry. It also has a spacious yard next to the detached 2 car garage. The perfect blend of indoor outdoor living compliments the story book feel of this true California beach house. A must see!

Last Agent to Sell the Property

Jennifer Caras

Vista Sotheby’s International Realty License #01466213 Listed on: 01/20/2022

Vista Sotheby’s International Realty

Last Buyer's Agent

Jennifer Caskey

Compass License #01075946

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,204 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned MNRS

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Cape Cod Architecture
  • Cottage

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 55
  • Tax Tract Number 1638
  • Assessor Parcel Number 4170003006
  • $577 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Cape Cod, Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170003006
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1212.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2145.21
  • Room Type: All Bedrooms Down
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Stone Counters

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4204.00
  • Lot Size Acres: 0.0965

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4204.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 55
  • Tax Census Tract: 6203.03
  • Tax Lot: 6
  • Tax Tract Number: 1638
  • TaxOtherAnnualAssessmentAmount: 577.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 2, 2022
Sold by
Suketu And Aditi Trust
Bought by
Glynn Joshua and Glynn Jennifer
Seller's Agent
Jennifer Caras
Vista Sotheby’s International Realty
Buyer's Agent
Jennifer Caskey
Compass
List Price
$2,399,000
Sold Price
$2,600,000
Premium/Discount to List
$201,000
8.38%
Current Estimated Value
$3,098,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,819
Avg. Annual Appreciation
4.57%
Original Mortgage
$1,050,000
Outstanding Balance
$954,711
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,144,108

Purchase Details

Closed on
Aug 15, 2015
Sold by
Vaishnav Suketu and Nag Aditi
Bought by
Suketu & Aditi Trust

Purchase Details

Listed on
Mar 28, 2014
Closed on
Apr 7, 2014
Sold by
Fraher John M and Fraher Megan M
Bought by
Vaishnav Suketu and Nag Aditi
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Jennifer Caras
Vista Sotheby’s International Realty
List Price
$1,499,000
Sold Price
$1,650,000
Premium/Discount to List
$151,000
10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,320,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Fraher John Matthew and Fraher Megan Mcdonnell
Bought by
Fraher John M and Fraher Megan M

Purchase Details

Closed on
May 11, 2006
Sold by
Kutsenda Eric Robert and Kutsenda Mary Fraher
Bought by
Fraher John Matthew and Fraher Megan Mcdonnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Kutsenda Mary Fraher and Fraher Mary Veronica
Bought by
Kutsenda Eric Robert and Kutsenda Mary Fraher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
4.12%

Purchase Details

Closed on
Feb 17, 2000
Sold by
Collins Peter F and Collins Moya M
Bought by
Fraher Mary Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Collins Peter Francis and Collins Moya Monika
Bought by
Collins Peter Francis and Collins Moya Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,300
Interest Rate
7.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 17, 1997
Sold by
Barton Michael L
Bought by
Collins Peter Francis and Samarzich Moya Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
7.62%

Purchase Details

Closed on
Nov 21, 1994
Sold by
Avcom Systems Inc
Bought by
Barton Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
8.92%

Purchase Details

Closed on
Mar 12, 1992
Sold by
Bishop Bradley S and Bishop Kimberly O
Bought by
Avcom Systems Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glynn Joshua $2,600,000 Consumers Title
Glynn Joshua $2,600,000 Consumers Title
Suketu & Aditi Trust -- None Available
Vaishnav Suketu -- None Available
Vaishnav Suketu $1,650,000 Lawyers Title
Fraher John M -- None Available
Fraher John Matthew $1,100,000 Fidelity National Title Co
Kutsenda Eric Robert -- Fidelity National Title Co
Fraher Mary Veronica $627,500 Southland Title
Collins Peter Francis -- Equity Title
Collins Peter Francis $439,000 Continental Lawyers Title Co
Barton Michael L $348,181 First American Title Company
Avcom Systems Inc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glynn Joshua $1,050,000
Closed Glynn Joshua $1,050,000
Previous Owner Vaishnav Suketu $1,320,000
Previous Owner Fraher John Matthew $880,000
Previous Owner Kutsenda Eric Robert $206,000
Previous Owner Fraher Mary Veronica $202,500
Previous Owner Collins Peter Francis $376,300
Previous Owner Collins Peter Francis $351,200
Previous Owner Barton Michael L $278,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $2,600,000 +8.4% $2,145 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $2,399,000 +45.4% $1,979 / Sq Ft
05/20/2014 05/20/14 Sold $1,650,000 +10.1% $1,361 / Sq Ft View Prior Sale
03/28/2014 03/28/14 For Sale $1,499,000 -- $1,237 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $30,841 $2,759,140 $2,207,312 $551,828
2024 $30,841 $2,705,040 $2,164,032 $541,008
2023 $30,028 $2,652,000 $2,121,600 $530,400
2022 $21,771 $1,906,005 $1,524,806 $381,199
2021 $21,406 $1,868,633 $1,494,908 $373,725
2019 $20,833 $1,813,210 $1,450,569 $362,641
2018 $20,407 $1,777,658 $1,422,127 $355,531
2016 $18,970 $1,708,631 $1,366,905 $341,726
2015 $18,576 $1,682,966 $1,346,373 $336,593
2014 $13,058 $1,176,000 $1,123,400 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22011905

California Regional Multiple Listing Service (CRMLS)

APN: 4170-003-006