NOT LISTED FOR SALE

1550 Loma Dr Unit B Hermosa Beach, CA 90254

Estimated Value: $1,966,000 - $2,592,000

3 Beds
2.5 Baths
1,629 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $1,230,000 $755 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $13,179/month

5 Days on Market

Highlights

  • Ocean View
  • 6,445 Sq Ft lot
  • Cathedral Ceiling
  • Hermosa Valley Elementary School Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of June 2018

Situated a few blocks from the ocean in the core of Hermosa Beach, this three bedroom townhome (one of course) features beautiful valley and ocean views as well as newer hardwood floors, Thermador appliances, and a two car attached garage with storage space. Special vaulted ceilings, architectural skylights, and ocean breezes highlight your top floor living space, along with a spacious view deck, with unique panoramic pastoral views of the valley and hill section, as well as ocean views. This home is mere steps to everything that the sand section of Hermosa Beach has to offer including shops, restaurants, the Pier and Pier Plaza, the Farmer's Market, and the beach!

Last Agent to Sell the Property

Robert Freedman

DOMO Real Estate License #00711607 Listed on: 05/03/2018

Co-Listed By

Valerie Pagett

Compass License #01971759

Last Buyer's Agent

Brook Billings

Compass License #01997704

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,905

Year Built

  • Built in 1988

Lot Details

  • 6,445 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Valley

Home Design

  • Modern Architecture
  • Copper Plumbing

Interior Spaces

  • 1,629 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Living Room Balcony
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Dishwasher
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio
  • Outdoor Grill

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Valley View Elementary School
  • Valley Middle School

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4340
  • Assessor Parcel Number 4183017035

Community Details

Overview

  • 4 Units
  • 1550 Loma HOA

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,905

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: HBR3
  • Architectural Style: Modern
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4183017035
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1629.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Living Room Balcony, Living Room Deck Attached
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Family Room, Gas, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 755.06
  • Room Type: All Bedrooms Down, Family Room
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Ocean, Valley
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Dues Paid Monthly, Pets Permitted
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: 1550 Loma HOA
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Hermosa
  • Elementary School: Valley View
  • Middle School: Valley
  • Elementary School: Valley View
  • Middle Or Junior School: Valley
  • Elementary School #2: VALVIE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6445.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6210.04
  • Tax Lot: 1
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
May 15, 2018
Sold by
Scott Ronald Lindsay
Bought by
Galvin Michael Jude
Seller's Agent
Robert Freedman
DOMO Real Estate
Buyer's Agent
Brook Billings
Compass
List Price
$1,259,000
Sold Price
$1,230,000
Premium/Discount to List
-$29,000
-2.3%
Current Estimated Value
$2,139,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,955
Avg. Annual Appreciation
6.59%
Original Mortgage
$984,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2014
Sold by
Borsari Felicia
Bought by
Scott Ronald Lindsay and Scott Andrea Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2003
Sold by
Manners Alexander John
Bought by
Borsari Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,850
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1998
Sold by
Manners Alexander John
Bought by
Manners Alexander John and Liu Sally Shin Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.84%

Purchase Details

Closed on
May 29, 1997
Sold by
Tolen Henry L
Bought by
Manners Alexander John and Liu Sally Shin Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
7.94%
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
Galvin Michael Jude $1,230,000 Wfg National Title Company
Scott Ronald Lindsay $960,000 Lawyers Title
Borsari Felicia $749,000 Lawyers Title Company
Manners Alexander John -- Southland Title Corporation
Manners Alexander John $367,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jude Galvin Michael $750,000
Closed Galvin Michael Jude $984,000
Previous Owner Scott Ronald Lindsay $180,000
Previous Owner Scott Ronald Lindsay $768,000
Previous Owner Borsari Felicia $250,000
Previous Owner Borsari Felicia $670,000
Previous Owner Borsari Felicia $625,000
Previous Owner Borsari Felicia $548,000
Previous Owner Borsari Felicia $486,850
Previous Owner Manners Alexander John $180,000
Previous Owner Manners Alexander John $290,000
Previous Owner Manners Alexander John $293,600
Closed Borsari Felicia $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $1,230,000 -2.3% $755 / Sq Ft
05/03/2018 05/03/18 For Sale $1,259,000 -- $773 / 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 $14,905 $1,399,524 $1,119,621 $279,903
2024 $14,905 $1,372,083 $1,097,668 $274,415
2023 $14,598 $1,345,181 $1,076,146 $269,035
2022 $14,335 $1,318,806 $1,055,046 $263,760
2021 $14,090 $1,292,948 $1,034,359 $258,589
2019 $13,719 $1,254,600 $1,003,680 $250,920
2018 $11,279 $1,034,270 $827,417 $206,853
2016 $10,772 $994,111 $795,289 $198,822
2015 $10,518 $979,180 $783,344 $195,836
2014 $9,185 $868,710 $695,898 $172,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18100752

California Regional Multiple Listing Service (CRMLS)

APN: 4183-017-035