Seller's Agent in 2015
David Caskey
eXp Realty of California Inc
(310) 200-1960
91 in this area
300 Total Sales
1622 Gates Ave Manhattan Beach, CA 90266
Estimated Value: $4,508,010 - $5,904,000
5
Beds
7
Baths
5,500
Sq Ft
$935/Sq Ft
Est. Value
Highlights
- Guest House
- Infinity Pool
- Custom Home
- Aurelia Pennekamp Elementary School Rated A
- Primary Bedroom Suite
- Maid or Guest Quarters
About This Home
As of June 2015Custom built for the original owner, this 5 bd home + 1 bd casita offers a timeless design. A specialized selection of granite & stone in nearly every room lends to the Old World charm this home embodies. Fine details discovered throughout elevate the home to a higher standard of quality; such as a classic collection of Fine Art Lamps & Walker Zanger tile accents, quiet passage doors, deep closets & baths, dual zone laundry areas, multi-zone A/C, rustic stone & gleaming, solid hickory pecan floors. The bright, formal entertaining areas center around a white velour stack stone fireplace. An ultra-custom kitchen imparts the feeling of an inspired, artistic space. The most sophisticated at-home chef will appreciate the massive solid stone center island, the top-of-the-line Wolf range, warming oven, dual dishwashers & Butler’s Pantry w/wine storage. A separate, walk-thru style open pantry provides ease of access + ample storage. The master suite is complete w/home gym room which could function as an office, nursery, or yoga/dance studio. The master bath is uniquely designed w/separate, customized walk in closets & private vanity areas. The backyard area is warmed by gas lamps & an outdoor fireplace while the in-ground pool offers a 30 mph Riverflow swim jet.
Last Agent to Sell the Property
eXp Realty of California Inc License #01198999 Listed on: 05/07/2015
Home Details
Home Type
- Single Family
Year Built
- Built in 2006
Lot Details
- 7,508 Sq Ft Lot
- Landscaped
- Sprinkler System
- Lawn
- Back and Front Yard
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Custom Home
- Tile Roof
Interior Spaces
- 5,500 Sq Ft Home
- 2-Story Property
- Wet Bar
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Wood Frame Window
- French Doors
- Insulated Doors
- Formal Entry
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Bonus Room
- Storage
- Utility Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Built-In Range
- Warming Drawer
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- Dressing Area
- Jack-and-Jill Bathroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
- Dryer
- Washer
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Infinity Pool
- Above Ground Spa
Outdoor Features
- Covered Patio or Porch
- Fireplace in Patio
- Outdoor Fireplace
Additional Homes
- Guest House
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 8 / 76
- Assessor Parcel Number 4163014008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2015
Closed on
May 19, 2015
Sold by
Davis Robert Michael
Bought by
Vaughn Victoria E and Victoria E Vaugh Revocable Trust
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Beth Morrissey
Beach City Brokers
List Price
$2,999,999
Sold Price
$2,889,000
Premium/Discount to List
-$110,999
-3.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,253,503
Avg. Annual Appreciation
5.57%
Purchase Details
Closed on
May 25, 2007
Sold by
Lee Carol M
Bought by
Davis Robert Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Interest Rate
7.97%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 17, 2007
Sold by
Olpe Pete R
Bought by
Davis Robert Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Interest Rate
7.97%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 16, 2007
Sold by
Liberman Eric
Bought by
Davis Robert Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Interest Rate
7.97%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 2, 2006
Sold by
Olpe Pete R
Bought by
Olpe Pete R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,781,500
Interest Rate
6.41%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 12, 2005
Sold by
Olpe Susan
Bought by
Olpe Pete
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$889,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 10, 2005
Sold by
Blacques Keam and Blacques Jodi
Bought by
Olpe Peter R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$889,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 27, 1994
Sold by
Castin Michael J
Bought by
Blacques Keam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,800
Interest Rate
4%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vaughn Victoria E | $2,889,000 | Usa National Title | |
| Davis Robert Michael | -- | Lawyers Title | |
| Davis Robert Michael | $2,015,000 | Lawyers Title | |
| Davis Robert Michael | $1,085,000 | Lawyers Title | |
| Olpe Pete R | -- | Lawyers Title | |
| Liberman Eric | -- | Lawyers Title | |
| Olpe Pete | -- | Lawyers Title Company | |
| Olpe Peter R | $1,270,000 | Lawyers Title Company | |
| Blacques Keam | $332,000 | Title Land Company | |
| Castin Michael J | -- | Title Land Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Davis Robert Michael | $2,480,000 | |
| Previous Owner | Davis Robert Michael | $2,480,000 | |
| Previous Owner | Davis Robert Michael | $2,480,000 | |
| Previous Owner | Olpe Pete R | $1,781,500 | |
| Previous Owner | Olpe Peter R | $889,000 | |
| Previous Owner | Blacques Keam | $298,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2015 06/05/15 | Sold | $2,889,000 | -3.7% | $525 / Sq Ft |
| 05/08/2015 05/08/15 | Pending | -- | -- | -- |
| 05/07/2015 05/07/15 | For Sale | $2,999,999 | +3.8% | $545 / Sq Ft |
| 05/05/2015 05/05/15 | Off Market | $2,889,000 | -- | -- |
| 03/25/2015 03/25/15 | Price Changed | $2,999,999 | -5.5% | $545 / Sq Ft |
| 03/12/2015 03/12/15 | For Sale | $3,175,000 | -- | $577 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $39,098 | $3,472,133 | $2,430,136 | $1,041,997 |
| 2024 | $39,098 | $3,404,053 | $2,382,487 | $1,021,566 |
| 2023 | $37,969 | $3,337,308 | $2,335,772 | $1,001,536 |
| 2022 | $37,311 | $3,271,872 | $2,289,973 | $981,899 |
| 2021 | $36,667 | $3,207,719 | $2,245,072 | $962,647 |
| 2019 | $35,680 | $3,112,579 | $2,178,483 | $934,096 |
| 2018 | $34,913 | $3,051,549 | $2,135,768 | $915,781 |
| 2016 | $32,459 | $2,933,056 | $2,052,835 | $880,221 |
| 2015 | $27,467 | $2,485,000 | $1,402,900 | $1,082,100 |
| 2014 | -- | $2,163,000 | $1,221,100 | $941,900 |
Source: Public Records
Agents Affiliated with this Home
-
David Caskey
-
Beth Morrissey
Buyer's Agent in 2015
Beth Morrissey
Beach City Brokers
(310) 977-2475
2 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15052651
APN: 4163-014-008
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