NOT LISTED FOR SALE

202 28th St Hermosa Beach, CA 90254

Estimated Value: $2,574,000 - $2,948,000

4 Beds
2 Baths
1,872 Sq Ft
$1,486/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $1,000,000 $534 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $16,363/month

35 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Corner Lot
  • 5-minute walk to Valley Park

About This Home

As of May 2012

Bank owned. Sold for $1,650,000 in 2005. Ocean view cosmetic fixer duplex on 30x80 R2 lot 2 blocks to beach. Roof deck, vaulted beams, hardwood floors, brick fireplace, laundry in both units, separate meters, 2 car garage. Super bright west facing with no west side neighbor, but right on Manhattan Ave. (busy). Super quiet beach: 1/2 way between the piers, with little parking.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 02/01/2012

Last Buyer's Agent

Carole Hansen

Engel & Völkers LA-South Bay License #00688380

Engel & Völkers LA-South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,624

Year Built

  • Built in 1956

Lot Details

  • 2,396 Sq Ft Lot
  • Lot Dimensions are 30x80
  • West Facing Home
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Carpet
  • Ocean Views
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 113
  • Assessor Parcel Number 4181023001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,624

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: HBR2YY
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4181023001
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 534.19
  • Room Type: Living Room

Exterior Features

  • Direction Faces: West
  • View: Ocean
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 30x80
  • Lot Size Sq Ft: 2396.00
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 2396.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 113
  • Tax Lot: 2
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2012
Sold by
U S Bank National Association
Bought by
Butler James Robert
Current Estimated Value
$2,781,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2011
Sold by
Crockett Mary
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 17, 2005
Sold by
Crockett Lawrence
Bought by
Crockett Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 15, 2005
Sold by
Carlson Savitri K and Savitri K Carlson Living Trust
Bought by
Crockett Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 24, 2003
Sold by
Carlson Savitri K
Bought by
Carlson Savitri K and The Savitri K Carlson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2002
Sold by
Carlson Savitri
Bought by
Carlson Savitri K and Savitri K Carlson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.89%

Purchase Details

Closed on
Sep 23, 2002
Sold by
Erkman David C and Walton Jon R
Bought by
Carlson Savitri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.89%

Purchase Details

Closed on
Feb 3, 1997
Sold by
Erkman Kimberly
Bought by
Erkman David C
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
Butler James Robert $1,000,000 Lsi Title Company
U S Bank National Association $934,440 Servicelink
Crockett Mary -- Progressive Title
Crockett Mary $1,650,000 Progressive Title Company
Carlson Savitri K -- --
Carlson Savitri K -- Act
Carlson Savitri K -- --
Carlson Savitri $849,000 Lawyers Title Company
Erkman David C -- American Coast Title
Erkman David C -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler James Robert $657,755
Closed Butler James Robert $657,755
Closed Butler James Robert $672,920
Previous Owner Butler James Robert $700,000
Previous Owner Crockett Mary $419,000
Previous Owner Crockett Mary $1,200,000
Previous Owner Crockett Mary $1,155,000
Previous Owner Carlson Savitri K $155,000
Previous Owner Carlson Savitri $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $1,000,000 +7.0% $534 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $935,000 -- $499 / 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 $13,624 $1,256,043 $1,130,444 $125,599
2024 $13,624 $1,231,416 $1,108,279 $123,137
2023 $13,349 $1,207,272 $1,086,549 $120,723
2022 $13,110 $1,183,601 $1,065,245 $118,356
2021 $12,921 $1,160,394 $1,044,358 $116,036
2019 $12,586 $1,126,419 $1,013,383 $113,036
2018 $12,162 $1,104,342 $993,513 $110,829
2016 $11,564 $1,061,038 $954,935 $106,103
2015 $11,344 $1,045,101 $940,591 $104,510
2014 $10,997 $1,024,630 $922,167 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12014242

California Regional Multiple Listing Service (CRMLS)

APN: 4181-023-001