Seller's Agent in 2020
Gregory Maffei
Vista Sotheby’s International Realty
7 in this area
40 Total Sales
205 40th St Manhattan Beach, CA 90266
Estimated Value: $2,174,568 - $2,323,000
2
Beds
1
Bath
811
Sq Ft
$2,795/Sq Ft
Est. Value
Highlights
- Ocean View
- Open Floorplan
- No HOA
- Grand View Elementary School Rated A
- High Ceiling
- Beamed Ceilings
About This Home
As of November 2020Classic beach living near the best surf beach in the South Bay! Located just 1/2 block to The Strand below Highland, you can't beat this spot. Watch the sun, sand and surf from your family room or either of your two balconies in this timeless Spanish charmer. The value is also in the dirt here, and what you could build on this OVERSIZED lot would be outstanding! But since the existing home was restored and remodeled by the previous owner, this home is perfect for a 2nd residence beach house or starter home for a young professional. Enjoy beamed ceilings, arch doors, a Bay window, Spanish balconies with whitewater views, marble counter tops, and so much more! Downstairs from the living space lies an approx. 400 square foot bonus area with a workroom and laundry room just above the side by side garage. Leave it raw or build it out for an amazing man/woman’s cave or possible Accessory Dwelling Unit! Large driveway area provides room for 4 cars. 2 covered and 2 uncovered....rare onsite parking this close to the beach. This charming beach house is a must see at one of the most affordable prices in this upscale beach community.
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01091979 Listed on: 05/02/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1929
Lot Details
- 1,406 Sq Ft Lot
- Lot Sloped Down
- Property is zoned MNRH
Parking
- 2 Car Attached Garage
Interior Spaces
- 811 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Beamed Ceilings
- High Ceiling
- Living Room with Fireplace
- Ocean Views
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- All Upper Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Balcony
Schools
- Grand View Elementary School
- Manhattan Beach Middle School
- Mira Costa High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 28 / 3
- Tax Tract Number 4103
- Assessor Parcel Number 4137009044
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2020
Closed on
Oct 8, 2020
Sold by
Graham Patrick
Bought by
Massaband Matthew
Seller's Agent
Gregory Maffei
Vista Sotheby’s International Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,642
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,280,000
Outstanding Balance
$1,136,416
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,130,226
Purchase Details
Listed on
Jan 13, 2016
Closed on
Feb 1, 2016
Sold by
Rustanlus Cindy
Bought by
Graham Patrick and The Graham 2011 Irrevocable Trust
Seller's Agent
Robert Sievers
Estate Properties
Buyer's Agent
Greg Maffei
Gregory Maffei Broker
List Price
$1,425,000
Sold Price
$1,600,000
Premium/Discount to List
$175,000
12.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Purchase Details
Closed on
Aug 24, 1999
Sold by
Williams William J
Bought by
Williams W J and William Joseph Williams Trust Of 1999
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Massaband Matthew | $1,600,000 | Progressive Title Co | |
| Graham Patrick | $1,600,000 | Fidelity National Title Co | |
| Williams W J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Massaband Matthew | $1,280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2020 11/19/20 | Sold | $1,600,000 | -5.6% | $1,973 / Sq Ft | |
| 11/12/2020 11/12/20 | Pending | -- | -- | -- | |
| 10/27/2020 10/27/20 | For Sale | $1,695,000 | 0.0% | $2,090 / Sq Ft | |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- | |
| 08/27/2020 08/27/20 | For Sale | $1,695,000 | 0.0% | $2,090 / Sq Ft | |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- | |
| 07/23/2020 07/23/20 | For Sale | $1,695,000 | +5.9% | $2,090 / Sq Ft | |
| 05/03/2020 05/03/20 | Off Market | $1,600,000 | -- | -- | |
| 05/02/2020 05/02/20 | For Sale | $1,695,000 | +5.9% | $2,090 / Sq Ft | |
| 02/26/2016 02/26/16 | Sold | $1,600,000 | +12.3% | $1,973 / Sq Ft | View Prior Sale |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- | |
| 01/13/2016 01/13/16 | For Sale | $1,425,000 | -- | $1,757 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,468 | $1,731,890 | $1,677,769 | $54,121 |
| 2024 | $19,468 | $1,697,932 | $1,644,872 | $53,060 |
| 2023 | $18,976 | $1,664,640 | $1,612,620 | $52,020 |
| 2022 | $18,651 | $1,632,000 | $1,581,000 | $51,000 |
| 2021 | $18,350 | $1,600,000 | $1,550,000 | $50,000 |
| 2020 | $19,836 | $1,731,889 | $1,515,404 | $216,485 |
| 2019 | $19,483 | $1,697,932 | $1,485,691 | $212,241 |
| 2018 | $19,106 | $1,664,640 | $1,456,560 | $208,080 |
| 2016 | $4,862 | $429,023 | $417,383 | $11,640 |
| 2015 | $4,762 | $422,580 | $411,114 | $11,466 |
| 2014 | $4,703 | $414,303 | $403,061 | $11,242 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Maffei
-
NoEmail NoEmail
N
Buyer's Agent in 2020
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
11 in this area
6,220 Total Sales
-
R
Seller's Agent in 2016
Robert Sievers
RE/MAX
-
G
Buyer's Agent in 2016
Greg Maffei
Gregory Maffei Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20076163
APN: 4137-009-044
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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