NOT LISTED FOR SALE

1505 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $3,962,107 - $5,625,000

4 Beds
4 Baths
2,979 Sq Ft
$1,551/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $2,600,000 $873 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $28,154/month

2 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Home Office
  • Pacific Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2014

Fabulous home in the desirable Tree Section location!! Located in coveted Manhattan Beach School District, this stunning, move-in ready home is located on a quiet street with the most serene atmosphere for relaxation. Everything is custom designed by Mark Trotter and built by Darrell Lyons. The home features a custom gourmet state of the art kitchen and appliances with gorgeous white new finished cabinets, new beautiful wood floors throughout the house and a grand double wooden arched front door entry to welcome you home! Beautiful master suite with private top deck patio and fireplace. Back patio and garden makes for perfect entertaining atmosphere, BBQ included. Stamped concrete driveway and patio. Automatic lights and sprinklers, AC, CAT-5, surround sound wired w/ speakers in family room. Stunning high vaulted ceilings and custom window covering. Walk to the top rated schools, shops and minutes to beach, what more can one ask for!

Last Agent to Sell the Property

Nina Kubicek

MD Properties License #01476246 Listed on: 05/20/2014

Last Buyer's Agent

Frank Bruno

Keller Williams Hollywood Hills License #01168676

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,648

Year Built

  • Built in 2002

Lot Details

  • 4,200 Sq Ft Lot
  • Property is zoned MNRS

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,979 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Guest Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4170-002-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,648

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 2979
  • Stories: 2
  • Year Built: 2002
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 835.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached, Parking for Guests, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4170-002-019
  • Geocode Override: Yes
  • Lot Size Area: 4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2015
Sold by
Hearne Jason Nicholas and Hearne Heather Kathryn Hach
Bought by
The Hearne Family Trust
Current Estimated Value
$4,621,777

Purchase Details

Listed on
May 20, 2014
Closed on
Jun 2, 2014
Sold by
Hershowitz Gail
Bought by
Hearne Jason Nicholas and Hach Hearne Heather Kathryn
Seller's Agent
Nina Kubicek
MD Properties
Buyer's Agent
Frank Bruno
Keller Williams Hollywood Hills
List Price
$2,490,000
Sold Price
$2,600,000
Premium/Discount to List
$110,000
4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Firshein Steven A
Bought by
Hershowitz Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 2004
Sold by
Firshein Steven A and Hershowitz Gail
Bought by
Firshein Steven A and Hershowitz Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2004
Sold by
Waki Marc Y and Munoz Waki Monica
Bought by
Firshein Steven A and Hershowitz Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,259,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Waki Marc Y and Munoz Waki Monica
Bought by
Waki Marc Y and Munoz Waki Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,259,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Waki Marc Y and Marc Y Waki Trust
Bought by
Waki Marc Y and Munoz Waki Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2002
Sold by
Waki Marc Y and Marc Y Waki Trust
Bought by
Waki Marc Y and Munoz Waki Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.09%

Purchase Details

Closed on
Feb 16, 2000
Sold by
Waki Marc Y
Bought by
Waki Marc Y and The Marc Y Waki Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Hearne Family Trust -- None Available
Hearne Jason Nicholas $2,600,026 Provident Title Company
Hershowitz Gail -- Provident Title
Firshein Steven A -- Provident Title Company
Firshein Steven A $1,574,000 Gateway Title Company
Waki Marc Y -- --
Waki Marc Y -- --
Waki Marc Y -- First American Title Ins Co
Waki Marc Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearne Jason Nicholas $425,000
Open Hearne Jason Nicholas $1,000,000
Previous Owner Hershowitz Gail $700,000
Previous Owner Hershowitz Gail $700,000
Previous Owner Firshein Steven A $550,000
Previous Owner Firshein Steven A $1,259,200
Previous Owner Waki Marc Y $487,000
Previous Owner Waki Marc Y $322,700
Previous Owner Waki Marc Y $400,000
Previous Owner Waki Marc Y $345,000
Previous Owner Waki Marc Y $345,000
Previous Owner Waki Marc Y $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $2,600,000 +4.4% $873 / Sq Ft
05/27/2014 05/27/14 For Sale $2,490,000 0.0% $836 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $2,490,000 -- $836 / Sq Ft
Source: The MLS

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 $35,648 $3,187,231 $2,086,780 $1,100,451
2024 $35,648 $3,124,737 $2,045,863 $1,078,874
2023 $34,725 $3,063,469 $2,005,749 $1,057,720
2022 $34,122 $3,003,402 $1,966,421 $1,036,981
2021 $33,500 $2,944,513 $1,927,864 $1,016,649
2019 $32,597 $2,857,180 $1,870,684 $986,496
2018 $31,956 $2,801,157 $1,834,004 $967,153
2016 $29,808 $2,692,388 $1,762,789 $929,599
2015 $29,189 $2,651,947 $1,736,311 $915,636
2014 $20,232 $1,825,570 $1,117,612 $707,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-762597

The MLS

APN: 4170-002-019