NOT LISTED FOR SALE

1605 Pine Ave Manhattan Beach, CA 90266

Estimated Value: $3,913,657 - $4,357,000

5 Beds
4.5 Baths
3,000 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $1,980,000 $660 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $23,764/month

9 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Cathedral Ceiling
  • Great Room with Fireplace
  • Pacific Elementary School Rated A
  • Mediterranean Architecture
  • Granite Countertops

About This Home

As of May 2013

Gorgeous Mediterranean style custom home with 5 bedrooms and 4.5 bathrooms. Beautiful designer finishes and touches throughout. Finishes include fine hardwood walnut plank flooring mostly in main living areas, stone countertops and rich cabinetry in the gourmet kitchen, high ceilings, recessed lighting, exquisite features, fireplace in both family/great room and formal living room, separate dining room, master suite with walk-in closet, balcony and spacious bath, large 5th bedroom could be bonus room. The attached garage holds two cars and has separate doors for each. There are also two parking spaces on the driveway. Additional features include speakers, pre-wiring for cable and Internet, fire sprinklers throughout, a tank less water heater and lush landscaping in the front and back yards. Great location in award-winning and desirable tree section!

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 04/01/2013

Last Buyer's Agent

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 04/01/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 4,256

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Ocean Side of Highway 1
  • 4,256 Sq Ft Lot
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 1638
  • Assessor Parcel Number 4170003022

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170003022
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Great Room
  • Levels: Two
  • Price Per Square Foot: 660.00
  • Room Type: Family Room, Great Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 4256.00
  • Lot Size Acres: 0.0980

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4256.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 17, 2013
Sold by
One Worldwide Investment Inc
Bought by
Sharma Ishita and Pande Hemant
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$1,899,900
Sold Price
$1,980,000
Premium/Discount to List
$80,100
4.22%
Current Estimated Value
$4,100,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,120,414
Avg. Annual Appreciation
5.94%
Original Mortgage
$1,584,000
Outstanding Balance
$1,119,606
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,980,808

Purchase Details

Closed on
Aug 30, 2012
Sold by
Avila Michael
Bought by
One Worldwide Investment Inc

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
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2011
Sold by
Harry Michael H and Harry Susan E
Bought by
Avila Michael

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
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2011
Sold by
Avila Lisa
Bought by
Avila Michael

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
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1995
Sold by
Harry Michael H and Harry Susan E
Bought by
Harry Michael H and Harry Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
7.8%

Purchase Details

Closed on
May 18, 1994
Sold by
Chandler William P and Chandler Youngsun R
Bought by
Harry Michael H and Burch Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sharma Ishita $1,980,000 Usa National Title Company
One Worldwide Investment Inc $1,550,000 Usa National Title Co
Avila Michael $800,000 Usa National Title Co
Avila Michael -- Usa National Title Co
Harry Michael H -- Southern California Title Co
Harry Michael H $315,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Ishita $1,584,000
Previous Owner One Worldwide Investment Inc $1,000,000
Previous Owner Avila Michael $500,000
Previous Owner Harry Michael H $283,000
Previous Owner Harry Michael H $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $1,980,000 -1.0% $660 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/10/2013 04/10/13 Price Changed $1,999,900 +5.3% $667 / Sq Ft
04/01/2013 04/01/13 For Sale $1,899,900 -- $633 / 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 $27,371 $2,438,218 $1,658,360 $779,858
2024 $27,371 $2,390,411 $1,625,844 $764,567
2023 $26,646 $2,343,541 $1,593,965 $749,576
2022 $26,184 $2,297,590 $1,562,711 $734,879
2021 $25,718 $2,252,540 $1,532,070 $720,470
2019 $25,026 $2,185,730 $1,486,629 $699,101
2018 $24,522 $2,142,874 $1,457,480 $685,394
2016 $22,814 $2,059,665 $1,400,885 $658,780
2015 $22,340 $2,028,728 $1,379,843 $648,885
2014 $22,023 $1,988,989 $1,352,814 $636,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13056305

California Regional Multiple Listing Service (CRMLS)

APN: 4170-003-022