NOT LISTED FOR SALE

Estimated Value: $3,612,000 - $4,062,000

5 Beds
4 Baths
3,529 Sq Ft
$1,092/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $2,363,000 $670 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $22,684/month

20 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • No HOA
  • Aurelia Pennekamp Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 4-minute walk to 8th Street Park

About This Home

As of November 2017

Recently updated Montecito home in East Manhattan Beach. Custom family home with 5 bedrooms, 4 baths with 3,529 sq.ft. (BTV) of living space on a 50’ x 150’. Located on a family, street with no cut-through traffic from Aviation Blvd. Amenities include: Expansive front yard entry with mature landscape. Custom leaded glass entry doors. Central Heating and A/C. Stainless Theramdor stove and Sub-Zero refrigerator. Gourmet kitchen adjacent to family room that opens to large backyard. High vaulted ceilings in living room with fireplace. Large backyard perfect for entertaining with hardscape, mature landscape, fire pit, spa and custom bar with BBQ and cooking top. New exterior and interior paint. Located in Pennekamp school district.

Last Agent to Sell the Property

John Altamura

S C Real Estate License #00935435 Listed on: 09/13/2017

Co-Listed By

Vincenzo Altamura

S C Real Estate License #01901957

Last Buyer's Agent

Steven Mullins

Vista Sotheby’s International Realty License #01487977

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 7,492 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 2 Car Garage

Interior Spaces

  • 3,529 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Schools

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

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6174
  • Tax Tract Number 3
  • Assessor Parcel Number 4164011019

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4164011019
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3529.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 669.59
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Office, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7492.00

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: 6174
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 20, 2017
Sold by
Moro Matthew J
Bought by
Lilley Quentin and Luo Lan
Seller's Agent
John Altamura
S C Real Estate
Buyer's Agent
Steven Mullins
Vista Sotheby’s International Realty
List Price
$2,499,000
Sold Price
$2,363,000
Premium/Discount to List
-$136,000
-5.44%
Current Estimated Value
$3,853,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,490,380
Avg. Annual Appreciation
6.18%
Original Mortgage
$1,772,250
Outstanding Balance
$1,429,298
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,424,082

Purchase Details

Closed on
Apr 25, 2013
Sold by
Ghafouri Morteza
Bought by
Moro Matthew J and Moro Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2006
Sold by
Ghafouri Morteza
Bought by
Ghafouri Morteza and Ghafouri Mahshid

Purchase Details

Closed on
Dec 9, 2005
Sold by
The Ghafouri Family Trust
Bought by
Ghafouri Morteza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,242,500
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2004
Sold by
Ghafouri Morteza
Bought by
Ghafouri Morteza and Ghafouri Mahshid

Purchase Details

Closed on
Aug 12, 2003
Sold by
Ghafouri Morteza
Bought by
Ghafouri Morteza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2003
Sold by
Ghafouri Mashid Anvaripour
Bought by
Ghafouri Morteza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Ghafouri Morteza
Bought by
Ghafouri Morteza and Ghafouri Mashid Anvaripour

Purchase Details

Closed on
Apr 26, 2000
Sold by
Yee Wee T
Bought by
Ghafouri Morteza and Ghafouri Mahshid Anvaripour

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
7.92%

Purchase Details

Closed on
May 8, 1996
Sold by
Romero Kenneth J A
Bought by
Ye Wee Tong and Chin Pamela Jadeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.25%
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
Lilley Quentin $2,363,000 Lawyers Title
Moro Matthew J $1,700,000 Usa National Title Company
Ghafouri Morteza -- None Available
Ghafouri Morteza -- Fidelity National Title
Ghafouri Morteza -- Fidelity National Title
Ghafouri Morteza -- --
Ghafouri Morteza -- Fidelity National Title
Ghafouri Morteza -- Fidelity National Title
Ghafouri Morteza -- --
Ghafouri Morteza $870,000 Equity Title
Ye Wee Tong $640,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilley Quentin $1,772,250
Previous Owner Moro Matthew J $1,000,000
Previous Owner Ghafouri Morteza $1,242,500
Previous Owner Ghafouri Morteza $945,000
Previous Owner Ghafouri Morteza $650,000
Previous Owner Ye Wee Tong $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $2,363,000 -5.4% $670 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $2,499,000 -- $708 / 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 $30,409 $2,688,686 $2,040,012 $648,674
2024 $30,409 $2,635,967 $2,000,012 $635,955
2023 $29,506 $2,584,283 $1,960,797 $623,486
2022 $28,997 $2,533,611 $1,922,350 $611,261
2021 $28,475 $2,483,933 $1,884,657 $599,276
2019 $27,711 $2,410,260 $1,828,758 $581,502
2018 $27,102 $2,363,000 $1,792,900 $570,100
2017 $20,555 $1,803,765 $1,424,657 $379,108
2016 $23,842 $1,768,398 $1,396,723 $371,675
2015 $19,253 $1,741,836 $1,375,743 $366,093
2014 $18,984 $1,707,717 $1,348,795 $358,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17212109

California Regional Multiple Listing Service (CRMLS)

APN: 4164-011-019