NOT LISTED FOR SALE

2009 Palm Ave Manhattan Beach, CA 90266

Estimated Value: $4,346,590 - $5,852,000

5 Beds
4.5 Baths
4,056 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $2,675,000 $660 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $31,774/month

183 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Retreat
  • Pacific Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of May 2014

Location & Size do Matter!
2009 Palm Ave
Rare opportunity to live on a highly desirable street in 4000+ square feet
- Open concept Light & Bright
- Functional family floor plan
- 5 bedrooms, 4 up 1 down "Got Nanny?"
All with "on suite" baths. 4 full - 1 powder room
- Quality Designer Features Throughout
- Built-in Display Shelving & Storage Abound
- Family room features, Stack Stone Fireplace, Souround Sound, & a Bartender Worthy Wet Bar
- Kitchen with Breakfast Bar & Dining Area
- Dining Room accommodates up to 20 guests
- Master Suite includes sitting room, balcony, fireplace, walk-in closet, & the spa like master bath will amaze
- French doors lead to backyard from family room revealing Waterfall that empties into Koi pond
Three separate heating and air zones.
Central Vac

Last Agent to Sell the Property

Anthony Barberi

Vista Sotheby’s International Realty License #01351812 Listed on: 02/06/2014

Vista Sotheby’s International Realty

Co-Listed By

Scot Nicol

Compass License #01918400

Last Buyer's Agent

Jim Van Zanten

Vista Sotheby’s International Realty License #00544011

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,820

Year Built

  • Built in 1991

Lot Details

  • 5,063 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,056 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry Chute
  • Gas Dryer Hookup

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 8847
  • Assessor Parcel Number 4171008014

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,820

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171008014
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4056.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 659.52
  • Room Type: Dressing Area, Entry, Family Room, Jack & Jill, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Retreat

Exterior Features

  • Direction Faces: East
  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Water Heater, Instant Hot Water, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Warming Drawer
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Laundry Chute
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Size Sq Ft: 5063.00
  • Lot Size Acres: 0.1160

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5063.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 8847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 12, 2014
Sold by
Leoff Fredrick
Bought by
Desai Ankur H and Desai Nina
Seller's Agent
Anthony Barberi
Vista Sotheby’s International Realty
Buyer's Agent
Jim Van Zanten
Vista Sotheby’s International Realty
List Price
$2,899,000
Sold Price
$2,675,000
Premium/Discount to List
-$224,000
-7.73%
Current Estimated Value
$5,197,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,522,648
Avg. Annual Appreciation
6.09%
Original Mortgage
$2,000,000
Outstanding Balance
$1,535,867
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,661,781

Purchase Details

Closed on
May 6, 2005
Sold by
Leoff Fredrick and Leoff Marcia
Bought by
Leoff Fredrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1995
Sold by
Leoff Fredrick M and Leoff Marcie B
Bought by
Leoff Fredrick
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
Desai Ankur H $2,675,000 Progressive
Leoff Fredrick -- Chicago Title Co
Leoff Fredrick -- Chicago Title Co
Leoff Fredrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Ankur H $2,000,000
Previous Owner Leoff Fredrick $640,000
Previous Owner Leoff Fredrick $510,000
Previous Owner Leoff Fredrick $507,000
Previous Owner Leoff Fredrick $50,000
Previous Owner Leoff Fredrick $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $2,675,000 -2.7% $660 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
03/13/2014 03/13/14 Price Changed $2,750,000 -5.1% $678 / Sq Ft
02/06/2014 02/06/14 Price Changed $2,899,000 0.0% $715 / Sq Ft
02/06/2014 02/06/14 For Sale $2,899,000 +8.4% $715 / Sq Ft
12/12/2013 12/12/13 Off Market $2,675,000 -- --
10/08/2013 10/08/13 Price Changed $2,999,000 -4.8% $739 / Sq Ft
09/27/2013 09/27/13 For Sale $3,150,000 -- $777 / 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 $36,820 $3,279,174 $2,175,902 $1,103,272
2024 $36,820 $3,214,878 $2,133,238 $1,081,640
2023 $35,816 $3,151,842 $2,091,410 $1,060,432
2022 $35,195 $3,090,042 $2,050,402 $1,039,640
2021 $34,546 $3,029,454 $2,010,199 $1,019,255
2019 $33,615 $2,939,600 $1,950,576 $989,024
2018 $32,926 $2,881,962 $1,912,330 $969,632
2016 $30,707 $2,770,054 $1,838,073 $931,981
2015 $30,070 $2,728,446 $1,810,464 $917,982
2014 $14,911 $1,327,136 $595,911 $731,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13197078

California Regional Multiple Listing Service (CRMLS)

APN: 4171-008-014