Landlord's Agent in 2020
Thomas J. Powers
Powers Realty, Inc.
(310) 944-5313
4 in this area
34 Total Sales
224 Palm Dr Hermosa Beach, CA 90254
Estimated Value: $2,610,072 - $3,069,000
2
Beds
1
Bath
850
Sq Ft
$3,384/Sq Ft
Est. Value
Highlights
- No Units Above
- Wood Flooring
- Neighborhood Views
- Hermosa Valley Elementary School Rated A
- No HOA
- Living Room
About This Home
As of December 2020Cozy beach cottage only a half block from the beach! Upstairs on the second floor, there is tons of natural light throughout, original hardwood flooring, and an open kitchen with new cabinets and appliances. Ceiling fans, dishwasher, fridge, washer and dryer, and a one car garage! Walk to the restaurants, shops, Pier Ave, South Redondo, and the ocean!
Last Agent to Rent the Property
Powers Realty, Inc. License #01812722 Listed on: 11/14/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,741
Year Built
- Built in 1947
Lot Details
- 2,997 Sq Ft Lot
- No Units Above
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 850 Sq Ft Home
- 2-Story Property
- Living Room
- Neighborhood Views
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Security Deposit $3,500
- 12-Month Minimum Lease Term
- Available 11/30/20
- Tax Lot 25
- Tax Tract Number 1076
- Assessor Parcel Number 4188008019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2015
Sold by
Wisdom John C and Moran Wisdom Chris
Bought by
The J & C Wisdom Family Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$313,529
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$2,375,872
Purchase Details
Closed on
Feb 19, 1998
Sold by
Scanlon Helena C
Bought by
Wisdom John C and Wisdom Chris Moran
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| The J & C Wisdom Family Trust | -- | Accommodation | |
| Wisdom John C | -- | Fidelity National Title | |
| Wisdom John C | $486,818 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wisdom John C | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2020 12/28/20 | Rented | $2,990 | 0.0% | -- |
| 12/26/2020 12/26/20 | Under Contract | -- | -- | -- |
| 11/14/2020 11/14/20 | For Rent | $2,990 | 0.0% | -- |
| 01/31/2020 01/31/20 | Rented | $2,990 | 0.0% | -- |
| 01/28/2020 01/28/20 | Under Contract | -- | -- | -- |
| 01/13/2020 01/13/20 | Price Changed | $2,990 | -3.5% | $4 / Sq Ft |
| 01/03/2020 01/03/20 | For Rent | $3,100 | 0.0% | -- |
| 12/17/2019 12/17/19 | Off Market | $3,100 | -- | -- |
| 12/11/2019 12/11/19 | For Rent | $3,100 | -- | -- |
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 | $8,741 | $774,411 | $533,314 | $241,097 |
| 2024 | $8,741 | $759,227 | $522,857 | $236,370 |
| 2023 | $8,569 | $744,341 | $512,605 | $231,736 |
| 2022 | $8,415 | $729,747 | $502,554 | $227,193 |
| 2021 | $8,361 | $715,439 | $492,700 | $222,739 |
| 2020 | $8,314 | $708,104 | $487,648 | $220,456 |
| 2019 | $8,148 | $694,221 | $478,087 | $216,134 |
| 2018 | $7,795 | $680,610 | $468,713 | $211,897 |
| 2016 | $7,460 | $654,183 | $450,513 | $203,670 |
| 2015 | $7,251 | $644,357 | $443,746 | $200,611 |
| 2014 | -- | $631,736 | $435,054 | $196,682 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas J. Powers
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20236909
APN: 4188-008-019
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