NOT LISTED FOR SALE

Estimated Value: $1,013,000 - $1,216,000

2 Beds
2 Baths
974 Sq Ft
$491/mo HOA Fee

Last Sold June 11, 2021

Last sale price $855,000 $878 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,062/month

6 Days on Market

Highlights

  • Clubhouse
  • Valley View
  • Community Pool
  • Hermosa View Elementary School Rated A
  • End Unit
  • Laundry Room

About This Home

As of June 2021

Don't miss this incredible opportunity to own West of PCH just 8 blocks from Hermosa's famed pier and beach, and steps to Pier Ave Shopping and the 8 mile Greenbelt Trail. This 2 bedroom 2 bathroom end unit condo has only one shared wall, abundant natural light, and west facing views directly over Hermosa Valley and even a small ocean peak-a-boo. The Primary Bedroom suite includes multiple closets and an attached bathroom with step in shower. Newer vinyl flooring and a recent interior paint job give it an updated feel while the terrific Pacific breezes help keep your electric bill to a minimum. Included are two covered and separated parking spaces with a private storage locker above, and a four stop elevator offering direct access to one of them. The complex features a fantastic pool and Jacuzzi with an adjacent newly renovated clubroom free for residents to rent, plus amenities like bike room and secure package delivery room. Walkable to Hermosa Valley School and the Skate Park if you have little ones!

Last Agent to Sell the Property

Evan Zapf

eXp Realty of California, Inc License #01998439 Listed on: 05/10/2021

eXp Realty of California, Inc

Last Buyer's Agent

Evan Zapf

eXp Realty of California, Inc License #01998439 Listed on: 05/10/2021

eXp Realty of California, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,905

Year Built

  • Built in 1970

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 974 Sq Ft Home
  • 3-Story Property
  • Valley Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 4184027117

Community Details

Overview

  • 71 Units
  • Optimum Management Association, Phone Number (714) 508-9070

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,905

Year Built

Built in 1970

Lot Details

0

HOA Fees

$491 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: Residential
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4184027117
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 974.00
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 877.82
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • View: Valley
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Pool, Storage
  • Association Fee: 491.00
  • Association Fee Frequency: Monthly
  • Association Name: Optimum Management
  • Phone: 714-508-9070
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 71

Tax Info

  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
May 27, 2021
Sold by
Bush Rian
Bought by
Wright Ben K
Seller's Agent
Evan Zapf
eXp Realty of California, Inc
Buyer's Agent
Evan Zapf
eXp Realty of California, Inc
List Price
$825,000
Sold Price
$855,000
Premium/Discount to List
$30,000
3.64%
Current Estimated Value
$1,079,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,561
Avg. Annual Appreciation
5.53%
Original Mortgage
$641,250
Outstanding Balance
$579,306
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$500,255

Purchase Details

Listed on
May 10, 2021
Closed on
May 21, 2021
Sold by
Wright Ben K
Bought by
Turner Kenneth Wade
Seller's Agent
Evan Zapf
eXp Realty of California, Inc
Buyer's Agent
Evan Zapf
eXp Realty of California, Inc
List Price
$825,000
Sold Price
$855,000
Premium/Discount to List
$30,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$579,306
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$500,255

Purchase Details

Closed on
Jan 29, 2020
Sold by
Mah Williams and George And Linda Wright Trust
Bought by
Wright Ben K

Purchase Details

Closed on
Nov 8, 2017
Sold by
Wright George E Max
Bought by
Wright George Edward and George & Linda Wright Trust
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
Wright Ben K -- Orange Coast Title
Turner Kenneth Wade $855,000 Orange Coast Title
Wright Ben K -- None Available
Wright George Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Kenneth Wade $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $855,000 +3.6% $878 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $825,000 -- $847 / 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 $9,905 $925,477 $740,382 $185,095
2024 $9,905 $907,331 $725,865 $181,466
2023 $9,702 $889,541 $711,633 $177,908
2022 $10,381 $872,100 $697,680 $174,420
2021 $3,326 $277,599 $37,649 $239,950
2020 $8,567 $768,060 $230,520 $537,540
2019 $3,242 $269,367 $36,533 $232,834
2018 $3,135 $264,086 $35,817 $228,269
2017 $3,111 $258,909 $35,115 $223,794
2016 $2,979 $253,833 $34,427 $219,406
2015 $2,924 $250,021 $33,910 $216,111
2014 $2,765 $245,124 $33,246 $211,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2105024

California Regional Multiple Listing Service (CRMLS)

APN: 4184-027-117