NOT LISTED FOR SALE

Estimated Value: $3,262,000 - $4,851,000

5 Beds
3.5 Baths
3,564 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $2,100,000 $589 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $22,749/month

23 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Aurelia Pennekamp Elementary School Rated A
  • View of Trees or Woods
  • Cathedral Ceiling

About This Home

As of May 2013

Location, Location, Location - Beautiful Mediterranean Executive Villa built in ‘98 by Casner Construction. Located in one of the best areas in east Manhattan Beach, this home has 5 bedrooms and 3 1/2 baths in a traditional floor-plan that is perfect for family living. A functional, bright and spacious kitchen opens to a lovely family room and south facing backyard with a built-in BBQ, wet-bar, basketball area and oversized built-in Jacuzzi - which is perfect for entertaining and family fun. On the first floor you’ll find the living room with fireplace, vaulted ceilings, a formal dining room, spacious kitchen with newer granite counter tops, stainless steel appliances, and eating area that opens to the family room. Upstairs is the lovely master suite, large walk in closet and master bath. In addition there are four large bedrooms and two additional baths. Walk to Pennekamp elementary and Mira Costa High School. This is a wonderful family home and not to be missed!

Last Agent to Sell the Property

Barry Host

Vista Sotheby’s International Realty License #01427294 Listed on: 03/19/2013

Vista Sotheby’s International Realty

Co-Listed By

George Rosenkranz

Compass License #01411097

Last Buyer's Agent

Risa Myers

Estate Properties License #01715618

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,861

Year Built

  • Built in 1998

Lot Details

  • 7,510 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,564 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Pool

  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 64
  • Assessor Parcel Number 4163018029

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,861

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163018029
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3564.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Crown Molding, Copper Plumbing Full, Granite Counters, High Ceilings, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 589.23
  • Room Type: All Bedrooms Up, Family Room, Great Room, Jack & Jill, Living Room, Master Suite, Walk-In Closet, Separate Family Room
  • Spa Features: In Ground

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Rectangular Lot, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7510.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7510.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 64
  • Tax Lot: 7
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 24, 2013
Sold by
Welk Kevin P and Welk Lindy T
Bought by
Gura Ira A and Gura Mary Jo
Seller's Agent
Barry Host
Vista Sotheby’s International Realty
Buyer's Agent
Risa Myers
Estate Properties
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$3,867,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,767,442
Avg. Annual Appreciation
5.02%
Original Mortgage
$999,000
Outstanding Balance
$707,389
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$3,160,053

Purchase Details

Closed on
Sep 23, 2011
Sold by
Welk Kevin P and Welk Lindy T
Bought by
Welk Kevin P and Welk Lindy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Welk Kevin P and Welk Lindy T
Bought by
Welk Kevin P and Welk Lindy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Welk Kevin P and Welk Lindy T
Bought by
Welk Kevin P and Welk Lindy T

Purchase Details

Closed on
Nov 9, 2001
Sold by
Goodman V William E and Goodman Bridgett G
Bought by
Welk Kevin and Welk Lindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Bissell Robert W and Bissell Roberta F
Bought by
Goodman William E and Goodman Bridgette G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 12, 2001
Sold by
Longo Robert J and Longo Teresa
Bought by
J W Powers Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.24%

Purchase Details

Closed on
Jan 8, 1999
Sold by
Lachance Manon
Bought by
Audette Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Casner Craig R
Bought by
Bissell Robert W and Bissell Roberta F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Poh Charles G
Bought by
Casner Craig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,034,117
Interest Rate
7.22%
Mortgage Type
Construction
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
Gura Ira A $2,100,000 Usa National Title Co
Welk Kevin P -- First American Title Company
Welk Kevin P -- First American Title Company
Welk Kevin P -- --
Welk Kevin $1,330,000 Gateway Title Company
Goodman William E $1,281,000 Gateway Title Company
J W Powers Construction Inc $320,000 Investors Title Company
Audette Donald -- Investors Title Company
Bissell Robert W $950,000 Investors Title Company
Casner Craig R $725,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gura Ira A $999,000
Previous Owner Welk Kevin P $565,000
Previous Owner Welk Kevin $650,000
Previous Owner Goodman William E $750,000
Previous Owner J W Powers Construction Inc $725,000
Previous Owner Bissell Robert W $600,000
Previous Owner Casner Craig R $1,034,117
Closed Welk Kevin $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2013 05/14/13 Sold $2,100,000 0.0% $589 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $2,100,000 -- $589 / 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 $28,861 $2,585,986 $1,618,214 $967,772
2024 $28,861 $2,535,282 $1,586,485 $948,797
2023 $28,064 $2,485,572 $1,555,378 $930,194
2022 $27,574 $2,436,836 $1,524,881 $911,955
2021 $27,074 $2,389,056 $1,494,982 $894,074
2019 $26,339 $2,318,197 $1,450,641 $867,556
2018 $25,791 $2,272,744 $1,422,198 $850,546
2017 $62 $2,228,181 $1,394,312 $833,869
2016 $24,214 $2,184,492 $1,366,973 $817,519
2015 $23,712 $2,151,680 $1,346,440 $805,240
2014 $23,376 $2,109,533 $1,320,066 $789,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13061415

California Regional Multiple Listing Service (CRMLS)

APN: 4163-018-029