NOT LISTED FOR SALE

1506 Gates Ave Manhattan Beach, CA 90266

Estimated Value: $3,933,441 - $4,896,000

5 Beds
6 Baths
4,654 Sq Ft
$930/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $2,575,000 $553 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $25,557/month

34 Days on Market

Highlights

  • Ocean Side of Freeway
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Aurelia Pennekamp Elementary School Rated A
  • Retreat
  • Mediterranean Architecture

About This Home

As of May 2017

Beautiful Manhattan Beach Mediterranean with 5 bedrooms, 4 bathrooms, 2 powder rooms and approx. 4,700 SF of luxury living space on a large 6,750 SF lot. The entry level features a living room with fireplace, gourmet kitchen with huge island and Viking range, and butler's pantry, breakfast nook, formal dining room and a separate family room with fireplace. The finished basement is spacious and has surround sound. The large master suite features a fireplace, walk-in closet and a master bath with marble countertops and floors, oversized tub and separate stand alone shower. Large grassy backyard with a large patio area, perfect for entertaining. Prime location with close proximity to Pennekamp and Mira Costa.

Last Agent to Sell the Property

Robert Depaoli

Compass License #01918925 Listed on: 01/24/2017

Compass

Co-Listed By

Jim Van Zanten

Vista Sotheby’s International Realty License #00544011

Last Buyer's Agent

Sarah Saypack

Vista Sotheby’s International Realty License #01993214

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,526

Year Built

  • Built in 2006

Lot Details

  • 6,760 Sq Ft Lot
  • Lot Dimensions are 45 x 150
  • Back Yard

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Mediterranean Architecture
  • Copper Plumbing

Interior Spaces

  • 4,654 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 77
  • Assessor Parcel Number 4163019012

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,526

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163019012
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4654.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, Vacuum Central, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 553.29
  • Room Type: Basement, Family Room, Jack & Jill, Living Room, Master Bedroom, Retreat, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size: 45 x 150
  • Lot Size Sq Ft: 6760.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 77
  • Tax Lot: 12
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Mar 29, 2017
Sold by
Leman Christopher
Bought by
Jones Edward E and Jones Amanda J
Seller's Agent
Robert Depaoli
Compass
Buyer's Agent
Sarah Saypack
Vista Sotheby’s International Realty
List Price
$2,699,000
Sold Price
$2,575,000
Premium/Discount to List
-$124,000
-4.59%
Current Estimated Value
$4,327,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,752,360
Avg. Annual Appreciation
6.30%
Original Mortgage
$1,094,000
Outstanding Balance
$912,606
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$3,414,754

Purchase Details

Closed on
Jan 4, 2007
Sold by
R & R 1506 Gates Llc
Bought by
Leman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2005
Sold by
R & R 1506 Gates Llc
Bought by
R & R 1506 Gates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,445,000
Interest Rate
6.02%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2004
Sold by
Cooperstein Bernard D and Cooperstein Thelma Z
Bought by
R & R 1506 Gates Llc
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
Jones Edward E $2,575,000 Lawyers Title Company
Leman Christopher $2,475,000 Lawyers Title
R & R 1506 Gates Llc -- Lawyers Title
R & R 1506 Gates Llc $1,025,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Edward E $1,094,000
Previous Owner Leman Christopher $371,250
Previous Owner Leman Christopher $1,856,250
Previous Owner R & R 1506 Gates Llc $1,445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $2,575,000 -0.9% $553 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/06/2017 02/06/17 Price Changed $2,599,000 -3.7% $558 / Sq Ft
01/24/2017 01/24/17 For Sale $2,699,000 -- $580 / 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 $33,526 $2,988,502 $1,887,574 $1,100,928
2024 $33,526 $2,929,905 $1,850,563 $1,079,342
2023 $32,610 $2,872,457 $1,814,278 $1,058,179
2022 $32,044 $2,816,135 $1,778,704 $1,037,431
2021 $31,458 $2,760,918 $1,743,828 $1,017,090
2019 $30,610 $2,679,029 $1,692,106 $986,923
2018 $29,980 $2,626,500 $1,658,928 $967,572
2016 $25,241 $2,278,000 $1,288,700 $989,300
2015 $23,230 $2,107,000 $1,192,000 $915,000
2014 $23,352 $2,107,000 $1,192,000 $915,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17015450

California Regional Multiple Listing Service (CRMLS)

APN: 4163-019-012