NOT LISTED FOR SALE

Estimated Value: $2,776,000 - $3,682,000

4 Beds
3 Baths
2,383 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $2,050,000 $860 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $19,310/month

52 Days on Market

Highlights

  • Home Theater
  • Solar Power System
  • Contemporary Architecture
  • Aurelia Pennekamp Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of October 2018

This exquisite south facing contemporary style home is located within walking distance to award winning Manhattan Beach Schools. Located in a quiet neighborhood, this property has 2,383 sq feet (BTV) of living space on a 7,505 sqft lot. The garage was converted into a media room, equipped with custom cabinetry for extra storage. The large backyard is perfect for entertaining. New roof, front door and front windows added a few years ago. 9kw Solar also installed, a bonus for the next owner! This is a marvellous opportunity to own the home of your dreams!

Last Agent to Sell the Property

Shannon Sackley

Vista Sotheby’s International Realty License #01966073 Listed on: 06/26/2018

Last Buyer's Agent

Rick Grahn

Compass License #01162701

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,876

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 7,505 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 2,383 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Storage
  • Neighborhood Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Indoor Grill
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Outbuilding
  • Outdoor Grill

Schools

  • Manhattan Beach Middle School
  • Mira Cos High School

Utilities

  • Whole House Fan
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 16 / 66
  • Assessor Parcel Number 4163002016

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,876

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4163002016
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2383.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 860.26
  • Room Type: Bonus Room, Family Room, Formal Entry, Laundry, Living Room, Media Room, Office
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters

Exterior Features

  • Other Structures: Outbuilding
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Water Heater, Freezer, Gas Oven, Gas Cooktop, Indoor Grill, Microwave, Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Common Area, Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Manhattan Unified
  • Middle School: Manhattan Beach
  • High School: Mira Cos
  • High School: Mira Cos
  • Middle Or Junior School: Manhattan Beach
  • High School2: MIRCOS2

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size: 7505
  • Lot Size Sq Ft: 7505.00

Multi Family

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

Tax Info

  • Tax Block: 66
  • Tax Census Tract: 6208.00
  • Tax Lot: 16
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2019
Sold by
Ou Lawrence and Ou Lisa
Bought by
Ou Lawrence Yi Ming and Ou Lisa Mary Kobashi
Current Estimated Value
$3,232,499

Purchase Details

Listed on
Jun 26, 2018
Closed on
Sep 25, 2018
Sold by
Wagner Philip R and The Wagner Trust
Bought by
Ou Lawrence and Ou Lisa
Seller's Agent
Shannon Sackley
Vista Sotheby’s International Realty
Buyer's Agent
Rick Grahn
Compass
List Price
$2,199,000
Sold Price
$2,050,000
Premium/Discount to List
-$149,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,640,000
Outstanding Balance
$1,419,402
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,813,097

Purchase Details

Closed on
Apr 20, 2015
Sold by
Wagner Phillip R and Wagner Cathy K
Bought by
The Wagner Trust

Purchase Details

Closed on
Mar 9, 2012
Sold by
Wagner Phillip R and Wagner Cathy K
Bought by
Wagner Phillip R and Wagner Cathy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2007
Sold by
Wagner Phillip R and Wagner Cathy K
Bought by
Wagner Phillip R and Wagner Cathy K

Purchase Details

Closed on
Jan 29, 1999
Sold by
Formiller Donald and Formiller Deborah
Bought by
Wagner Phillip R and Wagner Cathy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
6%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 22, 1994
Sold by
Nolan Hugh and Nolan Marie Martha
Bought by
Formiller Donald and Formiller Deborah

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
5.87%
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
Ou Lawrence Yi Ming -- None Available
Ou Lawrence $2,050,000 Provident Title
The Wagner Trust -- None Available
Wagner Phillip R -- Equity Title Company
Wagner Phillip R -- None Available
Wagner Phillip R $555,000 Southland Title Corporation
Formiller Donald $332,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Lawrence $1,640,000
Previous Owner Wagner Phillip R $384,250
Previous Owner Wagner Phillip R $438,000
Previous Owner Formiller Donald $298,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $2,050,000 +2.6% $860 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $1,999,000 -3.7% $839 / Sq Ft
07/17/2018 07/17/18 Price Changed $2,075,000 -3.4% $871 / Sq Ft
07/14/2018 07/14/18 Price Changed $2,147,000 -2.4% $901 / Sq Ft
06/26/2018 06/26/18 For Sale $2,199,000 -- $923 / 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 $25,876 $2,286,809 $1,829,449 $457,360
2024 $25,876 $2,241,971 $1,793,578 $448,393
2023 $25,062 $2,198,011 $1,758,410 $439,601
2022 $24,630 $2,154,914 $1,723,932 $430,982
2021 $24,201 $2,112,662 $1,690,130 $422,532
2019 $27,251 $2,050,000 $1,640,000 $410,000
2018 $9,872 $835,559 $611,745 $223,814
2016 $9,050 $803,115 $587,991 $215,124
2015 $8,864 $791,052 $579,159 $211,893
2014 $8,749 $775,558 $567,815 $207,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18155216

California Regional Multiple Listing Service (CRMLS)

APN: 4163-002-016