NOT LISTED FOR SALE

218 The Strand Hermosa Beach, CA 90254

Estimated Value: $3,024,000 - $9,886,000

5 Beds
5 Baths
2,836 Sq Ft
$2,539/Sq Ft Est. Value

Last Sold March 03, 2012

Last sale price $2,828,000 $997 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $43,336/month

142 Days on Market

Highlights

  • Ocean Front
  • Bonus Room
  • 2 Car Attached Garage
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2012

Back on Market!! Priced reduced!! 365 Sunsets a Year! Exceptional opportunity to own a Strand property. Relax in your living room with the door open and enjoy the tranquil sound of the ocean. Unobstructable ocean views from Catalina Island, Malibu, seabirds, waves, and boats. Don't miss this rare and wonderful chance. This property has a warm mountain cabin feeling and a dynamic sand/ocean view. The best of both worlds. Make the beach and the Pacific Ocean your front yard playground. This property has two decks for enjoying the sun and a two-car garage plus a carport. During the colder months, light up the fireplace and enjoy the ocean panorama. There are only a few Strand lots in beautiful Hermosa Beach, so make this your Southern California paradise.

Last Agent to Sell the Property

Pat DeWees

Real Estate West, Inc. License #00667139 Listed on: 09/13/2011

Co-Listed By

Steven DeWees

Real Estate West, Inc. License #00832045

Last Buyer's Agent

Monica Masuda

Monica Masuda, Realtor License #01430892

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,381

Year Built

  • Built in 1969

Lot Details

  • 2,379 Sq Ft Lot
  • Ocean Front

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Interior Spaces

  • 2,836 Sq Ft Home
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Laundry Room
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Wall Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 4188007003

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,381

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 310-293-9177
  • Other Phone Number: 310-546-3441
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4188007003
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2836.00
  • Interior Amenities: Storage
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 997.18
  • Room Type: Bonus Room, Living Room

Exterior Features

  • View: Catalina, Coastline, Ocean, Panoramic, Pier, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free Standing, Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2379.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2379.0000 Square Feet
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: HBT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2011
Closed on
Feb 21, 2012
Sold by
Holmen Joyce Ann
Bought by
Shay Properties Llc
Seller's Agent
Pat DeWees
Real Estate West, Inc.
Buyer's Agent
Monica Masuda
Monica Masuda, Realtor
List Price
$3,220,000
Sold Price
$2,828,000
Premium/Discount to List
-$392,000
-12.17%
Current Estimated Value
$7,201,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,373,889
Avg. Annual Appreciation
7.10%
Original Mortgage
$2,000,000
Outstanding Balance
$1,301,501
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,900,388

Purchase Details

Closed on
Mar 6, 2004
Sold by
Mansour Ehab
Bought by
Hermosa Development Group Llc
Source: Public Records

Range of Values:

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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
Shay Properties Llc $2,828,028 Provident Title Company
Hermosa Development Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shay Properties Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2012 03/03/12 Sold $2,828,000 -5.7% $997 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
01/21/2012 01/21/12 Price Changed $2,999,000 -3.9% $1,057 / Sq Ft
11/11/2011 11/11/11 Price Changed $3,122,000 -3.0% $1,101 / Sq Ft
09/14/2011 09/14/11 For Sale $3,220,000 -- $1,135 / 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 $61,381 $5,825,504 $3,552,123 $2,273,381
2024 $61,381 $5,711,279 $3,482,474 $2,228,805
2023 $60,102 $5,599,294 $3,414,191 $2,185,103
2022 $59,026 $5,489,505 $3,347,247 $2,142,258
2021 $57,916 $5,381,868 $3,281,615 $2,100,253
2019 $68,293 $4,391,962 $3,184,282 $1,207,680
2018 $45,724 $4,305,846 $3,121,846 $1,184,000
2016 $31,678 $3,000,622 $3,000,622 $0
2015 $31,186 $2,955,549 $2,821,777 $133,772
2014 $30,431 $2,897,655 $2,766,503 $131,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11141713

California Regional Multiple Listing Service (CRMLS)

APN: 4188-007-003