NOT LISTED FOR SALE

Estimated Value: $6,024,658 - $6,559,000

3 Beds
2 Baths
1,850 Sq Ft
$3,362/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2014

Last sale price $3,900,000 $2,108 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $39,194 / mo

2 Days on Market

Highlights

  • 0.52 Acre Lot
  • Corner Lot
  • 1-minute walk to 8th Street Park
  • Aurelia Pennekamp Elementary School Rated A
  • No HOA

About This Home

As of August 2014

This tear-down is located on a HALF-ACRE lot at the corner of 8th Street and Harkness Street -- what great potential. Imagine the possibilities! Build a compound: custom dream home, playground with options, and sports court and guest quarters. Or, potentially build THREE custom homes. Remember the city of Manhattan Beach has the final say of what can be built.

Last Agent to Sell the Property

Jerry Carew

REMAX AEGIS License #01374136 Listed on: 06/05/2014

Co-Listed By

Joseph Nuzzolo

Thompson Team Real Estate, Inc. License #01853418

Last Buyer's Agent

Anthony Puma

eXp Realty of California Inc License #01375596

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 22,500 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • 1,850 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 6208
  • Assessor Parcel Number 4164013026

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0.52 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Do NOT go into any of the structures
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4164013026
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1850.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 2108.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 22500.00
  • Lot Size Acres: 0.5170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22500.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 6208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2026
Sold by
Kohanzadeh Som and Kohanzadeh Samantha C
Bought by
Molly Campbell Trust and Murphy
Current Estimated Value
$6,219,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$5,000,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$1,219,165

Purchase Details

Closed on
Jul 15, 2016
Sold by
Mb Eighth Street Properties Llc
Bought by
8Th Street Mb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2015
Sold by
Mb Eighth Street Properties Llc
Bought by
Mb Eighth Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 16, 2015
Sold by
Richard Dennis Raymond
Bought by
Mb Eight Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 5, 2014
Closed on
Aug 13, 2014
Sold by
Richard Margaret Lorraine
Bought by
Richard Dennis Raymond
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Anthony Puma
eXp Realty of California Inc
List Price
$4,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$100,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$2,535,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 17, 2014
Sold by
Kulek Joseph J
Bought by
Kulek Diane Clydene
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Anthony Puma
eXp Realty of California Inc
List Price
$4,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$100,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,535,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2014
Sold by
Kulek Diane C and The Adeline C Trexler Trust
Bought by
Richard Dennis Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,535,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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
Molly Campbell Trust $6,150,000 Chicago Title
8Th Street Mb Llc -- Fntg
Mb Eighth Street Properties Llc -- Old Republic Title
Mb Eight Street Properties Llc -- None Available
Richard Dennis Raymond -- Usa National Title Company
Kulek Diane Clydene -- Usa National Title Company
Richard Dennis Raymond $3,900,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molly Campbell Trust $5,000,000
Previous Owner 8Th Street Mb Llc $7,000,000
Previous Owner Mb Eighth Street Properties Llc $5,500,000
Previous Owner Richard Dennis Raymond $2,535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $3,900,000 -2.5% $2,108 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $4,000,000 -- $2,162 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $68,405 $6,061,618 $3,940,052 $2,121,566
2024 $67,526 $5,942,764 $3,862,797 $2,079,967
2023 $65,723 $5,826,240 $3,787,056 $2,039,184
2022 $64,577 $5,712,000 $3,712,800 $1,999,200
2021 $41,740 $3,662,623 $1,570,775 $2,091,848
2020 $41,353 $3,625,068 $1,554,669 $2,070,399
2019 $38,825 $3,393,784 $1,524,186 $1,869,598
2018 $38,014 $3,327,240 $1,494,300 $1,832,940
2016 $14,742 $1,322,870 $1,302,565 $20,305
2015 $14,437 $1,303,000 $1,283,000 $20,000
2014 $1,006 $66,550 $59,375 $7,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14117727

California Regional Multiple Listing Service (CRMLS)

APN: 4164-013-026

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