NOT LISTED FOR SALE

1623 Mathews Ave Manhattan Beach, CA 90266

Estimated Value: $3,485,207 - $3,993,000

5 Beds
4 Baths
3,504 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $2,108,700 $602 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $21,985/month

22 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Updated Kitchen
  • Aurelia Pennekamp Elementary School Rated A
  • City Lights View
  • Cape Cod Architecture

About This Home

As of May 2017

South facing, light filled, bright and beachy classic home with lots of rooms to relax in! This quiet, 5 bedroom, 4 bath prime mid-block home has city and mountain views from the elevated private deck and wonderful open entertaining spaces indoors and out. Boasting a two-story beautiful formal entry with vaulted ceilings, skylights, wide-planked cherry hardwood floors. There is a sunny updated kitchen with breakfast nook, bay window, granite counters, tumbled marble and stainless appliances. Additionally, there are 3 fireplaces, two decks, plantation shutters, wet bar, crown moldings, and a dedicated laundry room. The gracious master suite has a walk-in closet, dual sink bathroom and jacuzzi tub. A separate tandem garage with high ceilings, plumbing and large windows (in addition to the 2-car garage) has been converted to a 643 sq ft bonus room. Currently serving as a teen space with sports court, this multi-purpose zone can be used for a home-based business or guest house/apartment, as well as an extra living space or storage for a boat. French doors lead to a tranquil, large backyard with hot tub and room for a pool. Walk to Pennekamp elementary or Mira Costa High School from this ideal location in a quiet, family-oriented neighborhood.

Last Agent to Sell the Property

Abby Waddell

Compass License #00892590 Listed on: 03/30/2017

Compass

Last Buyer's Agent

CRAIG CHEN

HOME TEAM REALTY License #00794201

HOME TEAM REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,528

Year Built

  • Built in 1987

Lot Details

  • 7,499 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned MNRS

Parking

  • 2 Car Garage
  • Converted Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,504 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Skylights
  • Shutters
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Above Ground Spa
  • Open Patio

Schools

  • Pennekamp Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 4163010027

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,528

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator in kitchen and garage
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163010027
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3504.00 Square Feet
  • Interior Amenities: Crown Molding, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 601.80
  • Room Type: Bonus Room, Entry, Family Room, Laundry, Living Room, Master Suite
  • Spa Features: Above Ground
  • Window Features: Shutters, Skylight(s)
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s)
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • Elementary School: Pennekamp
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: PENNEK
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinkler System, Yard
  • Lot Size Sq Ft: 7499.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6208.00
  • Tax Lot: 17
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2017
Sold by
Chen Hongying
Bought by
Chen Hongying and Lei Xiaolin
Current Estimated Value
$3,743,552

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 17, 2017
Sold by
Lei Xiaolin
Bought by
Chen Hongying
Seller's Agent
Abby Waddell
Compass
Buyer's Agent
CRAIG CHEN
HOME TEAM REALTY
List Price
$2,300,000
Sold Price
$2,108,700
Premium/Discount to List
-$191,300
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 1, 2017
Sold by
Weissman Adam
Bought by
Chen Hongying
Seller's Agent
Abby Waddell
Compass
Buyer's Agent
CRAIG CHEN
HOME TEAM REALTY
List Price
$2,300,000
Sold Price
$2,108,700
Premium/Discount to List
-$191,300
-8.32%

Purchase Details

Closed on
Apr 6, 2013
Sold by
Weissman Adam
Bought by
Weissman Adam and Weissman Cynthia

Purchase Details

Closed on
May 1, 2007
Sold by
Mclaughlin Larry L
Bought by
Weissman Adam and Weissman Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.14%
Mortgage Type
New Conventional
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
Chen Hongying -- None Available
Chen Hongying -- Fidelity National Title
Chen Hongying $2,109,000 Fidelity National Title
Weissman Adam -- None Available
Weissman Adam $1,657,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weissman Adam $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $2,108,700 -4.2% $602 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/06/2017 04/06/17 Price Changed $2,200,000 -4.3% $628 / Sq Ft
03/30/2017 03/30/17 For Sale $2,300,000 -- $656 / 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 $27,528 $2,447,668 $1,958,137 $489,531
2024 $27,528 $2,399,676 $1,919,743 $479,933
2023 $26,773 $2,352,624 $1,882,101 $470,523
2022 $26,310 $2,306,496 $1,845,198 $461,298
2021 $25,841 $2,261,271 $1,809,018 $452,253
2019 $25,146 $2,194,202 $1,755,362 $438,840
2018 $24,627 $2,151,180 $1,720,944 $430,236
2017 $21,820 $1,912,273 $1,529,820 $382,453
2016 $20,879 $1,874,778 $1,499,824 $374,954
2015 $20,375 $1,840,000 $1,302,400 $537,600
2014 $18,517 $1,660,000 $1,175,000 $485,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17065878

California Regional Multiple Listing Service (CRMLS)

APN: 4163-010-027