NOT LISTED FOR SALE

Estimated Value: $6,044,000 - $8,843,000

5 Beds
4.5 Baths
4,144 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $5,313,750 $1,282 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $43,247/month

63 Days on Market

Highlights

  • White Water Ocean Views
  • Open Floorplan
  • Deck
  • Grand View Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of October 2021

Welcome to "THE ENDLESS SUMMER"! This outstanding treasure of a home sits high on one of the finest walk streets in Manhattan Beach. We feature 5 bedrooms and 5 baths and an expansive 4200 sf(approx). The top floor has the kitchen as well as a formal dining room and family room. The layout is spacious and open and the ocean views are mesmerizing. The home features Lutron window coverings, 7" wide quarter sawn white oak floors, honed Calcutta Marble counter tops and Sub Zero and Wolf appliances. We have an additional car port for parking spot as well. Look left and the Manhattan pier is right in your sights. Slide out to the spacious deck and there in it's full glorious presence is the blue Pacific! It's hard to imagine anything so beautiful and it's yours each and every day! The primary bedroom is spectacular with plenty of room and a complementary bathroom to match. Wake up, brew the coffee and wander out on the deck and the day will start as brightly as you would hope. All bedrooms are nice sized and for an option the 5th bedroom is currently and office right off the walk street entry. Distressed walnut floors are a nice touch and extend into the play room which leads to the lower level patio. We have recently been painted in and out and made so presentable that you may not want to leave after your visit. Parking a concern? We have a nice oversized garage fitting 3 cars and a separate connected room that has great flex for a wine room, office, beach toy storage or whatever makes you happy. We would be remiss not to share that we are in close walking distance to downtown Manhattan. All the shops, restaurants and more are just steps away. No driving needed!

Come visit us and take in the comfort, the views, the elegance and quality of a nice Manhattan Beach town!

Last Agent to Sell the Property

Fred Zuelich

eXp Realty of California Inc License #00669414 Listed on: 06/15/2021

eXp Realty of California Inc

Last Buyer's Agent

Nathan Schmidt

Triton Realty License #01485496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,018

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 2,700

Parking

  • 3 Car Attached Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 4,144 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Built-In Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • Balcony
  • Deck
  • Patio

Additional Features

  • 2,700 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,018

Year Built

Built in 1999 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4144.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Copper Plumbing Full, High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1282.28
  • Room Type: Entry, Laundry

Exterior Features

  • Patio: Yes
  • View: Water, White Water
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2700.00
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 29, 2021
Sold by
William B Stetson And Erica L Stetson Tr and Stetson Erica L
Bought by
Seif Schmidt Family Trust and Schmidt
Seller's Agent
Fred Zuelich
eXp Realty of California Inc
Buyer's Agent
Nathan Schmidt
Triton Realty
List Price
$5,995,000
Sold Price
$5,313,750
Premium/Discount to List
-$681,250
-11.36%
Current Estimated Value
$7,122,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,808,974
Avg. Annual Appreciation
7.70%
Original Mortgage
$3,985,312
Outstanding Balance
$3,634,233
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,488,491

Purchase Details

Closed on
Feb 21, 2013
Sold by
Stetson William B
Bought by
Stetson William B and Stetson Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2010
Sold by
Bathurst John
Bought by
Stetson William B and Stetson Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2002
Sold by
Legare Steven R
Bought by
Bathurst John and Bathurst Kaci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2000
Sold by
Dodson Jackie R
Bought by
Dodson James D

Purchase Details

Closed on
Oct 26, 1999
Sold by
Legare Steven R and Legare Alice
Bought by
Dodson James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 20, 1998
Sold by
Chestnut Annette M
Bought by
Legare Steven R and Legare Alice

Purchase Details

Closed on
Jan 8, 1998
Sold by
Hintermeister Trust Chestnut, Annette M Tr Mi
Bought by
Chestnut Annette M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seif Schmidt Family Trust $5,314,000 Usa National Title
Stetson William B -- Progressive Title
Stetson William B -- Progressive Title
Stetson William B $2,812,500 Lawyers Title
Bathurst John $1,550,000 Chicago Title Co
Legare Steven R -- Chicago Title Co
Dodson James D -- Chicago Title Co
Dodson James D $1,650,000 Chicago Title Co
Legare Steven R $725,000 Commonwealth Title
Chestnut Annette M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seif Schmidt Family Trust $3,985,312
Previous Owner Stetson William B $1,920,000
Previous Owner Stetson William B $2,000,000
Previous Owner Legare Steven R $1,000,000
Previous Owner Bathurst John $240,000
Previous Owner Dodson James D $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $5,313,750 -3.4% $1,282 / Sq Ft
08/10/2021 08/10/21 Price Changed $5,499,000 -5.9% $1,327 / Sq Ft
07/24/2021 07/24/21 Price Changed $5,845,000 -2.5% $1,410 / Sq Ft
06/18/2021 06/18/21 For Sale $5,995,000 0.0% $1,447 / Sq Ft
07/28/2019 07/28/19 Rented $16,500 0.0% --
07/12/2019 07/12/19 Price Changed $16,500 -2.9% $4 / Sq Ft
06/21/2019 06/21/19 For Rent $16,995 +6.2% --
06/16/2017 06/16/17 Rented $16,000 0.0% --
06/06/2017 06/06/17 Price Changed $16,000 -3.0% $4 / Sq Ft
06/01/2017 06/01/17 For Rent $16,500 +3.1% --
04/23/2015 04/23/15 Rented $16,000 -11.1% --
03/24/2015 03/24/15 Under Contract -- -- --
03/16/2015 03/16/15 For Rent $18,000 -- --
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 $64,018 $5,638,940 $4,221,273 $1,417,667
2024 $64,018 $5,528,373 $4,138,503 $1,389,870
2023 $62,463 $5,419,974 $4,057,356 $1,362,618
2022 $61,384 $5,313,700 $3,977,800 $1,335,900
2021 $39,518 $3,353,962 $2,264,121 $1,089,841
2019 $38,533 $3,254,484 $2,196,967 $1,057,517
2018 $37,844 $3,190,672 $2,153,890 $1,036,782
2016 $35,753 $3,066,775 $2,070,252 $996,523
2015 $35,045 $3,020,710 $2,039,155 $981,555
2014 $34,562 $2,961,539 $1,999,211 $962,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21124821

California Regional Multiple Listing Service (CRMLS)

APN: 4178-010-003