NOT LISTED FOR SALE

1501 Crest Dr Manhattan Beach, CA 90266

Estimated Value: $2,959,000 - $4,331,000

3 Beds
3 Baths
2,096 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold July 11, 2012

Last sale price $1,607,500 $767 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $21,370/month

35 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Corner Lot
  • Grand View Elementary School Rated A
  • Contemporary Architecture
  • 4-minute walk to Live Oak Park

About This Home

As of July 2012

Exquisitely Remodeled Contemporary single family home that includes extensive use of Ipe wood, metal and glass with ocean views on all three levels! Views include Manhattan Beach Pier, Palos Verdes and Catalina. This 3 bedroom 3 bathroom plus a 4th bedroom or family room with ¾ bath and a stylish wet bar is located just steps from the beach, downtown, and Live Oak Park. This stunning remodel by Elliott/Drinkward Construction includes brand new: designer bathrooms and kitchen with honed limestone, Bertazzoni and other stainless steel appliances, copper plumbing, forced air heating/plumbed for ac, electrical, roof, doors & windows, paint, engineered hardwood flooring, finely appointed fixtures, landscaping and much more! Enjoy views all the way to Catalina while lying in the master suite’s bed or walk out to a loft style office or sitting area while taking in the ocean views. In addition, the spacious master suite features a large walk-in closet and an eye opening bathroom with a dual vanity sink, a pebble stone shower floor and a large dual head shower. This home is exceptionally staged and move-in-ready!

Last Agent to Sell the Property

Bryan Bohlinger

Bohlinger Properties, Inc. License #01522061 Listed on: 04/12/2012

Co-Listed By

Peter Bohlinger

Bohlinger Properties, Inc. License #00570457

Last Buyer's Agent

Robb Stroyke

Bayside License #00940891

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,388

Year Built

  • Built in 1964

Lot Details

  • 1,357 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Views of a pier
  • Catalina

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 2,096 Sq Ft Home
  • Family Room
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 2541
  • Assessor Parcel Number 4179001033

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,388

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4179001033
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2096.00
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Price Per Square Foot: 766.94
  • Room Type: Family Room, Living Room, Master Suite

Exterior Features

  • View: Catalina, Ocean, Pier
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Disposal, Range Hood, Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1357.00
  • Lot Size Acres: 0.0310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1357.0000 Square Feet

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 2541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2018
Sold by
Sandhu Gurvinder S
Bought by
Sandhu Gurvinder S
Current Estimated Value
$3,678,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,297,280
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,381,442

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 24, 2012
Sold by
Edb Properties Llc
Bought by
Sandhu Gurvinder Singh
Seller's Agent
Bryan Bohlinger
Bohlinger Properties, Inc.
Buyer's Agent
Robb Stroyke
Bayside
List Price
$1,649,000
Sold Price
$1,607,500
Premium/Discount to List
-$41,500
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,205,625
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Carrillo Michael E
Bought by
Edb Properties Llc

Purchase Details

Closed on
Jun 30, 2008
Sold by
Schwartz Stephanie M
Bought by
Carrillo Michael E

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
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2006
Sold by
Thormodsgaard Tad O
Bought by
Schwartz Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$889,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1998
Sold by
Thormodsgaard Tad O
Bought by
Thormodsgaard Tad O

Purchase Details

Closed on
Aug 1, 1994
Sold by
Long Barbara M
Bought by
Thormodsgaard Tad O
Source: Public Records

Range of Values:

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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
Sandhu Gurvinder S -- First American Title Company
Sandhu Gurvinder Singh $1,607,500 First American Title Company
Edb Properties Llc $1,107,869 None Available
Carrillo Michael E $1,470,000 Fidelity National Title Co
Schwartz Stephanie M $1,368,000 Lawyers Title Company
Thormodsgaard Tad O -- Southland Title
Thormodsgaard Tad O $345,000 Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhu Gurvinder S $1,500,000
Previous Owner Sandhu Gurvinder Singh $1,205,625
Previous Owner Carrillo Michael E $1,000,000
Previous Owner Schwartz Stephanie M $889,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2012 07/11/12 Sold $1,607,500 -2.5% $767 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $1,649,000 -- $787 / 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
2025 $22,388 $1,990,555 $1,583,611 $406,944
2024 $22,388 $1,951,525 $1,552,560 $398,965
2023 $21,829 $1,913,261 $1,522,118 $391,143
2022 $21,453 $1,875,747 $1,492,273 $383,474
2021 $21,088 $1,838,968 $1,463,013 $375,955
2019 $20,523 $1,784,425 $1,419,620 $364,805
2018 $20,128 $1,749,437 $1,391,785 $357,652
2016 $18,697 $1,681,507 $1,337,742 $343,765
2015 $18,309 $1,656,250 $1,317,648 $338,602
2014 $18,051 $1,623,808 $1,291,838 $331,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12046398

California Regional Multiple Listing Service (CRMLS)

APN: 4179-001-033