NOT LISTED FOR SALE

1550 Monterey Blvd Hermosa Beach, CA 90254

Estimated Value: $3,825,000 - $4,470,000

3 Beds
3.5 Baths
2,702 Sq Ft
$1,522/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $3,550,000 $1,314 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $25,365/month

50 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Hermosa Valley Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of October 2021

The rarity of a beautiful home on a prime corner lot with unobstructed, panoramic ocean views from Malibu to PV and only 3 blocks from the beach is an opportunity you do not want to miss. This stunning Santa Barbara style residence features 2,700 square feet of living, with 3 bedrooms, 3.5 bathrooms, and a large 400 square foot rooftop deck with 360-degree views. The incredible upper floor comprises of the kitchen, with stainless steel appliances, granite countertops, and pantry, a wet bar, and a balcony with a gas grill. Additional amenities include European walnut hardwood floors, a side private patio, one gas fireplace in the master bedroom and one gas fireplace in the living room, a 2-car garage with parking for up to 5 cars, and an extra family room that could be used as an office or den. With ocean views from every room of this well-kept beach house, 1550 Monterey is a crown jewel in the heart of Hermosa.

Last Agent to Sell the Property

John Corrales

Vista Sotheby’s International Realty License #01263687 Listed on: 07/07/2021

Vista Sotheby’s International Realty

Last Buyer's Agent

Rick Wilkinson

Redfin Corporation License #01427456

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $39,666

Year Built

  • Built in 1998

Lot Details

  • No Common Walls
  • Fenced
  • Stucco Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 2,702 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Convection Oven
  • Six Burner Stove
  • Range Hood
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School
  • Mira Costa High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6210
  • Assessor Parcel Number 4183017053

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$39,666

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4183017053
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2702.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Pantry, Recessed Lighting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1313.84
  • Room Type: Bonus Room, Master Bathroom, Master Bedroom, Office
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Soaking Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Coastline, Neighborhood, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Freezer, Disposal, Range Hood, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Hermosa
  • Elementary School: Hermosa View
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa View
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE
  • High School2: MIRCOS

Lot Info

  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Oct 12, 2021
Sold by
Rogers Harry and Rogers Karen
Bought by
Cournia Nathan and Kim Jina
Seller's Agent
John Corrales
Vista Sotheby’s International Realty
Buyer's Agent
Rick Wilkinson
Redfin Corporation
List Price
$3,699,000
Sold Price
$3,550,000
Premium/Discount to List
-$149,000
-4.03%
Current Estimated Value
$4,028,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,951
Avg. Annual Appreciation
3.90%
Original Mortgage
$2,840,000
Outstanding Balance
$2,601,029
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,510,679

Purchase Details

Closed on
Jun 21, 2005
Sold by
Macdonald Robert C
Bought by
Rogers Harry and Rogers Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,750
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 3, 2004
Sold by
Bourgon Virgil Raymond
Bought by
Macdonald Robert C and Macdonald Terri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1999
Sold by
Ocean Estate Homes
Bought by
Bourgon Virgil Raymond

Purchase Details

Closed on
Dec 2, 1996
Sold by
Campbell Glady A Campbell Trust A
Bought by
Ocean Estate Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.56%
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
Cournia Nathan $3,550,000 Usa National Title
Rogers Harry $1,825,000 --
Macdonald Robert C $1,595,000 Investors Title
Bourgon Virgil Raymond -- Investors Title Company
Ocean Estate Homes $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cournia Nathan $2,840,000
Previous Owner Rogers Harry $385,000
Previous Owner Rogers Harry $417,000
Previous Owner Rogers Harry $700,000
Previous Owner Rogers Harry $1,368,750
Previous Owner Macdonald Robert C $1,000,000
Previous Owner Bourgon Virgil Raymond $423,000
Previous Owner Ocean Estate Homes $240,000
Closed Macdonald Robert C $435,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $3,550,000 -4.0% $1,314 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $3,699,000 +4.2% $1,369 / Sq Ft
08/12/2021 08/12/21 Off Market $3,550,000 -- --
07/08/2021 07/08/21 For Sale $3,699,000 -- $1,369 / 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 $39,666 $3,767,287 $1,697,932 $2,069,355
2024 $39,666 $3,693,420 $1,664,640 $2,028,780
2023 $38,839 $3,621,000 $1,632,000 $1,989,000
2022 $38,142 $3,550,000 $1,600,000 $1,950,000
2021 $23,731 $2,190,000 $1,590,000 $600,000
2019 $21,391 $1,964,000 $1,425,900 $538,100
2018 $21,104 $1,964,000 $1,425,900 $538,100
2016 $19,827 $1,865,000 $1,354,000 $511,000
2015 $16,263 $1,530,000 $1,110,800 $419,200
2014 $13,992 $1,322,400 $960,100 $362,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21111143

California Regional Multiple Listing Service (CRMLS)

APN: 4183-017-053