NOT LISTED FOR SALE

1720 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $4,564,000 - $6,449,000

5 Beds
4.5 Baths
3,558 Sq Ft
$1,541/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $4,743,000 $1,333 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $32,869/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Heated Floor in Bathroom
  • Deck
  • Pacific Elementary School Rated A
  • Open Floorplan
  • Outdoor Fireplace

About This Home

As of November 2023

The perfect Santa Barbara Coastal Estate in the heart of the Manhattan Beach Tree Section walking distance to both Pacific Elementary and American Martyrs schools. Inspired by award winning interior designer, Kate Lester, this home screams the California Beach life. This 5 bedroom, 4.5 Bathroom home plus Basement offers 2 living areas which you cannot find in most tree section properties. The basement not only offers a second living/media room with wet bar but also a private guest room/nanny quarters with full bathroom. All 4 main bedrooms are located on the top floor complete with a Large Primary Suite with a Spa like bathroom highlighted by a glass enclosed shower, separate soaking tub and radiant floor heating. Do not miss the expansive walk in closet. Key Features of this home include: Gourmet Center Island Kitchen with a 48"Sub Zero Refrigerator and Thermador range opening directly into the main floor living room and large open dining room. The attention to detail with paint colors, counter tops, lighting, hardware and tiled backsplash makes this home stand out amongst its competition. High vaulted ceilings and surrounded by beautiful windows makes the main living area the highlight of this home. Thoughtful details of this home include: wide plank oak floors, Waterworks plumbing fixtures, custom interior light fixtures, Pella windows, Bevolo exterior light fixtures, and 2- 80 bottle Liebherr Wine Fridges in the dining area. This smart home has been set up for complete automation with audio/visual, air conditioning/heating and customizable home security system. Do not miss the completely remodeled backyard that is highlighted by a built in Lynx outdoor grill and built in fireplace complete with a pergola with custom outdoor light features and lounge area. Lots of room to play on the artificial turf makes this the perfect home for kids, parties and fireside glasses of wine. This home is out of a California Coastal Living Magazine shoot and will not last.

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 09/28/2023

Last Buyer's Agent

Richard Haynes

Haynes Real Estate License #01779425

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 4,485 Sq Ft Lot
  • Landscaped
  • Back Yard
  • Property is zoned MNRS

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Spanish Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 3,558 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Awning
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Finished Basement
  • Sump Pump

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Heated Floor in Bathroom
  • Dual Sinks
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 52
  • Tax Tract Number 1638
  • Assessor Parcel Number 4171017012

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: W/D and potted plants
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Fire Sprinkler System
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171017012
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3558.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, In-Law Floorplan, Open Floorplan, Recessed Lighting, Sump Pump, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1333.05
  • Room Type: Basement, Foyer, Kitchen, Laundry, Primary Suite, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Heated Floor, Privacy Toilet Door, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Neighborhood
  • Patio And Porch Features: Covered, Deck, Tile
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 4485.00
  • Lot Size Acres: 0.1030

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4485.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 52
  • Tax Census Tract: 6203.03
  • Tax Lot: 12
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 6, 2023
Sold by
Herrmann Jennifer and Herrmann Erik
Bought by
Siddiqui Rafi M and Siddiqui Sameena K
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Richard Haynes
Haynes Real Estate
List Price
$5,100,000
Sold Price
$4,743,000
Premium/Discount to List
-$357,000
-7%
Views
72
Current Estimated Value
$5,483,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,141
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 23, 2020
Sold by
Hermann Erik
Bought by
Herrmann Jennifer
Seller's Agent
Bryan Murphy
BM Lindsey Realty
Buyer's Agent
Chad Fahlbusch
Strand Hill Properties
List Price
$3,850,000
Sold Price
$3,820,000
Premium/Discount to List
-$30,000
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$2,570,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
1720 Walnut Llc
Bought by
Herrmann Erik and Erik Herrmann Living Trust
Seller's Agent
Bryan Murphy
BM Lindsey Realty
Buyer's Agent
Chad Fahlbusch
Strand Hill Properties
List Price
$3,850,000
Sold Price
$3,820,000
Premium/Discount to List
-$30,000
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2018
Sold by
Murphy Bryan P and Murphy Living Trust
Bought by
1720 Walnut Llc

Purchase Details

Closed on
Oct 12, 2017
Sold by
Murphy Bryan P
Bought by
Murphy Bryan P and The Murphy Living Trust

Purchase Details

Closed on
Jun 3, 2014
Sold by
Murphy Nicole Marie
Bought by
Murphy Bryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Mitchell Jeremy D
Bought by
Mitchell Michelle A

Purchase Details

Closed on
Jan 12, 2001
Sold by
Artman Patricia A
Bought by
Murphy Larry S and Murphy Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Siddiqui Rafi M $4,743,000 Old Republic Title
Herrmann Jennifer -- Consumers Title Company
Herrmann Erik $3,820,000 Consumers Title Company
1720 Walnut Llc $1,700,000 None Available
Murphy Bryan P -- None Available
Murphy Bryan P -- Progressive Title
Mitchell Michelle A -- Accommodation
Murphy Bryan P -- Accommodation
Murphy Larry S $570,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrmann Jennifer $2,570,000
Previous Owner Murphy Bryan P $705,000
Previous Owner Murphy Larry S $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $4,743,000 -7.0% $1,333 / Sq Ft
09/28/2023 09/28/23 For Sale $5,100,000 +33.5% $1,433 / Sq Ft
07/27/2020 07/27/20 Sold $3,820,000 -0.8% $1,072 / Sq Ft View Prior Sale
06/08/2020 06/08/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $3,850,000 -- $1,080 / 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 $53,767 $4,837,860 $2,878,848 $1,959,012
2024 $53,767 $4,743,000 $2,822,400 $1,920,600
2023 $44,818 $3,974,328 $2,933,928 $1,040,400
2022 $44,036 $3,896,400 $2,876,400 $1,020,000
2021 $43,212 $3,820,000 $2,820,000 $1,000,000
2020 $19,846 $1,734,000 $1,734,000 $0
2019 $19,554 $1,700,000 $1,360,000 $340,000
2018 $8,958 $754,849 $603,884 $150,965
2017 $8,492 $740,049 $592,044 $148,005
2016 $8,131 $725,539 $580,436 $145,103
2015 $7,963 $714,642 $571,718 $142,924
2014 $7,858 $700,644 $560,519 $140,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23179012

California Regional Multiple Listing Service (CRMLS)

APN: 4171-017-012