NOT LISTED FOR SALE

1550 Gates Ave Manhattan Beach, CA 90266

Estimated Value: $4,169,000 - $4,783,000

5 Beds
5 Baths
4,336 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $3,625,000 $836 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $26,251/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Golf Cart Garage
  • Aurelia Pennekamp Elementary School Rated A
  • Main Floor Bedroom
  • Great Room

About This Home

As of June 2022

An oasis in Manhattan Beach. That's what you feel when you walk inside 1550 Gates Ave. The layout, the flow, the size of the rooms & hallways, the greenery which surrounds the home, etc. An oasis in Manhattan Beach is what this home is. It will not be on the market for another 30 years because that is how special it is. The kitchen flows into the family room which is ideal for entertainment or those holidays with the family. From the family room the fun easily spreads to the backyard. Once the entertaining is done and the guest have left, you can move yourself to your own private retreat, aka the master bedroom, where you can unwind by the fire. All 4 bedrooms are on the top floor. There is an additional bedroom on the ground floor that has been converted to a wonderful office for those who have found themselves working from home in this new era. An incredible 3 car garage, 3 fireplaces, private room off of the master bedroom, huge walk-in closet, see-through fireplace in the master bedroom going into the master bathroom, his and her sinks, incredible natural light, plumbed for central air and tile accents throughout the home to name just a few amenities.

Finally, Location! Location Location! Your new home is located in a coveted section of Manhattan Beach where you'll be walking distance to the top schools: Mira Costa & Pennekamp. And the best part, you are a short bike ride to the beach or quick trip to the grocery store in your golfcart. Welcome home...welcome to Manhattan Beach

Last Agent to Sell the Property

John Hunter, II

John Hunter License #01852653 Listed on: 04/21/2022

Co-Listed By

Refiloe Matemotja

Engel & Völkers LA-South Bay License #01983307

Last Buyer's Agent

John Hunter, II

John Hunter License #01852653 Listed on: 04/21/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 7,499 Sq Ft Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Golf Cart Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,336 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Den with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Home Security

  • Intercom
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 77
  • Assessor Parcel Number 4163019003
  • $817 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163019003
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4336.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Intercom
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Den, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 836.02
  • Room Type: Entry, Family Room, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Three Door, Garage Door Opener, Golf Cart Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System
  • Lot Size Sq Ft: 7499.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7499.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 77
  • Tax Census Tract: 6208.01
  • Tax Lot: 3
  • Tax Tract Number: B
  • TaxOtherAnnualAssessmentAmount: 817.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 4, 2022
Sold by
Lori H Tonder Family Trust
Bought by
Xu Hao and Jia Jinyu
Seller's Agent
John Hunter, II
John Hunter
Buyer's Agent
John Hunter, II
John Hunter
List Price
$3,450,000
Sold Price
$3,625,000
Premium/Discount to List
$175,000
5.07%
Current Estimated Value
$4,376,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,478
Avg. Annual Appreciation
5.34%
Original Mortgage
$2,700,000
Outstanding Balance
$2,512,414
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,864,064

Purchase Details

Closed on
Dec 12, 2014
Sold by
Tonder Lori H
Bought by
Tonder Lori H and Lori H Tonder Family Trust

Purchase Details

Closed on
Jun 27, 2014
Sold by
Tonder James C
Bought by
Tonder Lori H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2009
Sold by
Tonder James C
Bought by
Tonder James C and Tonder Lori H

Purchase Details

Closed on
Feb 24, 2003
Sold by
Tonder James C
Bought by
Tonder James C and Tonder Lori H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.93%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Tonder James C
Bought by
Tonder James C and Tonder Lori H

Purchase Details

Closed on
Sep 3, 1993
Sold by
Anastasi Construction Company Inc
Bought by
Tonder James C and Tonder Lori H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.13%
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
Xu Hao $3,625,000 New Title Company Name
Tonder Lori H -- None Available
Tonder Lori H -- Old Republic Title Company
Tonder James C -- Accommodation
Tonder James C -- Fidelity National Title Co
Tonder James C -- --
Tonder James C $665,000 Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Hao $2,700,000
Previous Owner Tonder Lori H $500,000
Previous Owner Tonder James C $465,000
Previous Owner Tonder James C $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $3,625,000 +5.1% $836 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $3,450,000 -- $796 / 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 $43,099 $3,846,877 $2,896,248 $950,629
2024 $43,099 $3,771,449 $2,839,459 $931,990
2023 $41,926 $3,697,500 $2,783,784 $913,716
2022 $12,580 $1,065,087 $544,556 $520,531
2021 $12,378 $1,044,204 $533,879 $510,325
2019 $12,052 $1,013,235 $518,045 $495,190
2018 $11,750 $993,369 $507,888 $485,481
2016 $10,793 $954,797 $488,167 $466,630
2015 $10,572 $940,456 $480,835 $459,621
2014 $10,432 $922,035 $471,417 $450,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22077677

California Regional Multiple Listing Service (CRMLS)

APN: 4163-019-003