NOT LISTED FOR SALE

1626 1st St Manhattan Beach, CA 90266

Estimated Value: $4,153,000 - $6,287,000

5 Beds
5 Baths
4,958 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $3,200,000 $645 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $31,476/month

Highlights

  • In Ground Pool
  • Ocean Side of Freeway
  • Recreation Room
  • Aurelia Pennekamp Elementary School Rated A
  • Contemporary Architecture
  • Great Room with Fireplace

About This Home

As of January 2014

This fabulous custom home offers the best in contemporary living, featuring architecture by Louie Tomaro and the finest appointments. Custom features include an open floor plan, 9-11 ft. high ceilings and 8 ft. tall doors. Other custom features incorporate an elevator, pool, and 6-car garage located on a quiet street in East Manhattan Beach. Sold Pre-Construction.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 05/28/2013

Last Buyer's Agent

Mike Rossi

Strand Hill Properties License #01089100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,998

Year Built

  • Built in 2013

Lot Details

  • 7,507

Parking

  • 6 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,958 Sq Ft Home
  • 3-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Ocean Side of Freeway

Additional Features

  • 7,507 Sq Ft Lot
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 4163015007

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,998

Year Built

Built in 2013

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163015007
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4958.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 645.42
  • Room Type: Basement, Great Room, Living Room, Master Bedroom, Walk-In Closet, Recreation

Exterior Features

  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 7507.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7507.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2014
Sold by
Rado Elaine M
Bought by
Rado Elaine M
Current Estimated Value
$5,286,879

Purchase Details

Listed on
May 28, 2013
Closed on
Jan 13, 2014
Sold by
California Custom Homes Inc
Bought by
Rado Joseph A and Rado Elaine M
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Mike Rossi
Strand Hill Properties
List Price
$3,100,000
Sold Price
$3,200,000
Premium/Discount to List
$100,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$2,000,000
Outstanding Balance
$1,513,938
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$3,772,941

Purchase Details

Listed on
May 28, 2013
Closed on
Dec 30, 2013
Sold by
Palos Verdes Estates Homes Llc
Bought by
California Custom Homes Inc
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Mike Rossi
Strand Hill Properties
List Price
$3,100,000
Sold Price
$3,200,000
Premium/Discount to List
$100,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,513,938
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$3,772,941

Purchase Details

Closed on
Aug 3, 2012
Sold by
Chhabria Raju
Bought by
Palos Verdes Estates Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,275
Interest Rate
3.53%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2011
Sold by
Chhabria Philomina
Bought by
Chhabria Raju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Marean Norman D and The Dale F Marean Trust
Bought by
Chhabria Raju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Dale F Marean Trust and Norman D
Bought by
Marean Betty J

Purchase Details

Closed on
Feb 18, 1994
Sold by
Marean Betty Jean
Bought by
Marean Dale F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rado Elaine M -- None Available
Rado Joseph A $3,200,000 Usa National Title Company
California Custom Homes Inc -- Usa National Title Company
Palos Verdes Estates Homes Llc -- Usa National Title Co
Chhabria Raju -- Orange Coast Title
Chhabria Raju $860,000 Orange Coast Title
Marean Betty J -- First American
Marean Dale F -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rado Joseph A $2,000,000
Previous Owner Palos Verdes Estates Homes Llc $1,295,275
Previous Owner Chhabria Raju $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $3,200,000 0.0% $645 / Sq Ft
09/05/2013 09/05/13 Price Changed $3,200,000 +3.2% $645 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $3,100,000 -- $625 / 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 $43,998 $3,922,751 $2,745,929 $1,176,822
2024 $43,998 $3,845,836 $2,692,088 $1,153,748
2023 $42,798 $3,770,428 $2,639,302 $1,131,126
2022 $42,055 $3,696,499 $2,587,551 $1,108,948
2021 $41,263 $3,624,019 $2,536,815 $1,087,204
2019 $40,150 $3,516,531 $2,461,573 $1,054,958
2018 $39,328 $3,447,580 $2,413,307 $1,034,273
2016 $36,714 $3,313,709 $2,319,597 $994,112
2015 $35,952 $3,263,935 $2,284,755 $979,180
2014 $14,739 $1,305,901 $979,426 $326,475
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Raju Chhabria

    Chhabria Real Estate Company

    Section Image
  • Mike Rossi

    Buyer's Agent in 2014

    Mike Rossi

    Strand Hill Properties

    (310) 545-0707

    14 in this area

    26 Total Sales

    Mike Rossi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13099275

California Regional Multiple Listing Service (CRMLS)

APN: 4163-015-007

California Los Angeles County Manhattan Beach 90266

1626 1st St, Manhattan Beach, CA

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