NOT LISTED FOR SALE

1607 Nelson Ave Manhattan Beach, CA 90266

Estimated Value: $4,798,481 - $6,103,000

5 Beds
7 Baths
4,400 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $3,725,000 $847 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $32,691/month

39 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Bonus Room
  • Aurelia Pennekamp Elementary School Rated A
  • Wood Flooring
  • Lawn

About This Home

As of February 2020

A testament to discerning craftsmanship. This spacious, functional and well-appointed kitchen inspires the imaginative cook and invites family and friends to gather, creating treasured memories. This spectacular home is a true entertainer's dream with bi-fold doors seamlessly expanding the indoors onto the spacious patios and lushly landscaped back yard. The first level has a private guest quarters suite and a sun-drenched office with a private entrance. Ascend the sweeping staircase and you discover another generously-sized family room perfectly suited for a private retreat or family movie night. The second level encompasses 3 large bedroom suites and the grand master quarters. Each bedroom suite boasts beautiful natural light, their own private bath and abundant closet space. The master suite includes a separate dressing area, a deep relaxing soaking tub and tasteful designer finishes. Along with this spectacular newly constructed dwelling comes the distinguished Manhattan Beach lifestyle. You will be welcomed into this coveted beach town community brimming with both decadence and charm. Award-winning schools, local concerts in the park, fashionable boutique shopping, splendid dining experiences, wine auctions and richly brilliant red sunsets await you!

Last Agent to Sell the Property

Joseph Nuzzolo

Thompson Team Real Estate, Inc. License #01853418 Listed on: 11/06/2019

Last Buyer's Agent

Sherri Abbate

eXp Realty of California Inc License #01979236

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,482

Year Built

  • Built in 2019

Lot Details

  • 7,497 Sq Ft Lot
  • Landscaped
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway Level

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Crown Molding
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Butlers Pantry
  • Six Burner Stove
  • Built-In Range
  • Kitchen Island
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 7 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower

Additional Features

  • Halls are 36 inches wide or more
  • Exterior Lighting
  • Suburban Location
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 93
  • Assessor Parcel Number 4163011014

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,482

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163011014
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4400.00 Square Feet
  • Interior Amenities: Crown Molding, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 846.59
  • Room Type: Bonus Room, Family Room, Kitchen, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Level, Garage, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Gas Range, Gas Cooktop
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 7497.00
  • Lot Size Acres: 0.1721

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7497.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 93
  • Tax Census Tract: 6208.00
  • Tax Lot: 14
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 29, 2020
Sold by
Anschel Harold
Bought by
1607 Nelson Ave Lp
Seller's Agent
Joseph Nuzzolo
Thompson Team Real Estate, Inc.
Buyer's Agent
Sherri Abbate
eXp Realty of California Inc
List Price
$3,950,000
Sold Price
$3,725,000
Premium/Discount to List
-$225,000
-5.7%
Current Estimated Value
$5,494,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,769,370
Avg. Annual Appreciation
7.02%
Original Mortgage
$2,500,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 19, 2019
Sold by
1607 Nelson Ave Lp
Bought by
Otero Alejandro Daniel and Otero Jennifer Wong
Seller's Agent
Joseph Nuzzolo
Thompson Team Real Estate, Inc.
Buyer's Agent
Sherri Abbate
eXp Realty of California Inc
List Price
$3,950,000
Sold Price
$3,725,000
Premium/Discount to List
-$225,000
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2016
Sold by
Gladys M Wilson Family Limited Partnersh
Bought by
Anschel Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2015
Sold by
Ringling Vanessa
Bought by
Gladys M Whson Family Limited Partnershi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
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
1607 Nelson Ave Lp -- Usa National Title Co
Otero Alejandro Daniel $3,725,000 Usa National Title Co
Anschel Harold $1,360,000 Usa National Title Company
Gladys M Whson Family Limited Partnershi $1,200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otero Alejandro Daniel $2,500,000
Previous Owner Anschel Harold $150,000
Previous Owner Gladys M Whson Family Limited Partnershi $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $3,725,000 -5.7% $847 / Sq Ft
11/06/2019 11/06/19 For Sale $3,950,000 -- $898 / 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 $45,482 $4,073,828 $2,460,703 $1,613,125
2024 $45,482 $3,993,950 $2,412,454 $1,581,496
2023 $44,328 $3,915,638 $2,365,151 $1,550,487
2022 $43,557 $3,838,862 $2,318,776 $1,520,086
2021 $42,738 $3,763,591 $2,273,310 $1,490,281
2020 $16,617 $1,443,242 $1,443,242 $0
2019 $16,391 $1,414,943 $1,131,955 $282,988
2018 $16,102 $1,387,200 $1,109,760 $277,440
2016 $13,618 $1,218,300 $974,640 $243,660
2015 $1,156 $79,924 $56,284 $23,640
2014 -- $78,359 $55,182 $23,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19259750

California Regional Multiple Listing Service (CRMLS)

APN: 4163-011-014