NOT LISTED FOR SALE

Estimated Value: $3,778,261 - $5,258,000

5 Beds
5.5 Baths
4,250 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold April 28, 2012

Last sale price $1,970,000 $464 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $27,182/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • 3 Car Attached Garage
  • Aurelia Pennekamp Elementary School Rated A
  • Cul-De-Sac
  • 4-minute walk to 8th Street Park

About This Home

As of April 2012

Bigger is better in this True Manhattan Beach Mediterranean Estate on a lovely Cul De Sac street with very limited car flow. Situated on a large 7500 square foot lot this estate offers an oversized yard which is very rare to find in Manhattan Beach. Features include: 5 Large Bedrooms, 5.5 Bathrooms Plus an Office, 8 foot high doorways, Large travertine formal entry with 25 foot ceiling leading into formal living room with fireplace. Large formal dining room with coved ceilings and recessed lighting. Gourmet center island kitchen that is perfect for entertaining and offers separate dining area. Complete with Granite counters, large walk-in pantry, all stainless steel appliances and oversized built in refrigerator, two ovens, bread warmer and more. Kitchen opens to comfortable family room and has lovely views of the huge backyard that is perfectly landscaped. Large master suite complete with large bathroom with dual sink vanity, separate glass enclosed shower and Jacuzzi tub. All 5 Bedrooms each have their own full bathrooms, and walk in closets. Do not miss custom office with two workstations and 3 car garage. All doors are 8ft solid core. Best of all located in Award Winning Manhattan Beach School District with close proximity to beach and freeways.

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 03/06/2012

Last Buyer's Agent

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 03/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,995

Year Built

  • Built in 2003

Lot Details

  • 7,500 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 3 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 4,250 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 3
  • Assessor Parcel Number 4164006020

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,995

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: 3106003555
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4164006020
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4250.00
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 463.53
  • Room Type: Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Mar 13, 2012
Sold by
Mullin Jeffrey L and Mullin Marsha E
Bought by
Patel Chirag P and Patel Rosalie P
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Chad Fahlbusch
Strand Hill Properties
List Price
$1,999,999
Sold Price
$1,970,000
Premium/Discount to List
-$29,999
-1.5%
Current Estimated Value
$4,687,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,717,065
Avg. Annual Appreciation
6.64%
Original Mortgage
$1,570,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Mullin Jeffrey L and Mullin Marsha E
Bought by
Mullin Jeffrey L

Purchase Details

Closed on
Apr 21, 2004
Sold by
Mullin Jeffrey L and Durko Marsha E
Bought by
Mullin Jeffrey L

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
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2003
Sold by
Devcon Industries Corp
Bought by
Mullin Jeffrey L

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
5.79%

Purchase Details

Closed on
Dec 31, 2001
Sold by
Devico Vincent Michael and Vincent Michael Devico Revocab
Bought by
Devico Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.01%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 29, 2001
Sold by
Skones William M
Bought by
Devico Vincent Michael and Vincent Michael Devico Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.87%
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
Patel Chirag P $1,970,000 Lawyers Title Co
Mullin Jeffrey L -- --
Mullin Jeffrey L -- Lawyers Title Company
Mullin Jeffrey L $1,405,000 Lawyers Title Company
Devcon Industries Corp -- Landamerica Lawyers Title
Devico Vincent M -- Lawyers Title Company
Devico Vincent Michael $520,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Chirag P $1,570,000
Previous Owner Mullin Jeffrey L $1,000,000
Previous Owner Mullin Jeffrey L $1,000,000
Previous Owner Devico Vincent M $840,000
Previous Owner Devico Vincent Michael $390,000
Closed Mullin Jeffrey L $194,250
Closed Mullin Jeffrey L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2012 04/28/12 Sold $1,970,000 -1.5% $464 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $1,999,999 -- $471 / 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 $27,995 $2,474,421 $1,336,188 $1,138,233
2024 $27,995 $2,425,904 $1,309,989 $1,115,915
2023 $27,174 $2,378,338 $1,284,303 $1,094,035
2022 $26,705 $2,331,705 $1,259,121 $1,072,584
2021 $26,222 $2,285,986 $1,234,433 $1,051,553
2019 $25,518 $2,218,184 $1,197,820 $1,020,364
2018 $24,961 $2,174,691 $1,174,334 $1,000,357
2016 $23,214 $2,090,247 $1,128,734 $961,513
2015 $22,733 $2,058,851 $1,111,780 $947,071
2014 $22,412 $2,018,522 $1,090,002 $928,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12030290

California Regional Multiple Listing Service (CRMLS)

APN: 4164-006-020