Seller's Agent in 2013
Lynn Range
Vista Sotheby’s International Realty
(310) 308-1221
11 in this area
22 Total Sales
228 40th St Manhattan Beach, CA 90266
Estimated Value: $2,325,797 - $2,827,000
3
Beds
2
Baths
1,430
Sq Ft
$1,836/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Beach Access
- No HOA
- Grand View Elementary School Rated A
- Spanish Architecture
- Plantation Shutters
About This Home
As of May 2013Enjoy beautiful ocean views from the front living room with Spanish tiled fireplace, onto the patio as well as from the light filled master bedroom. This charming Spanish beach cottage was remodeled inside and out in 2005 with wet bar, Spanish Terra Cotta tile throughout, new roof and wiring for Flatscreen TV. Built on an oversized half lot, there is a substantial amount of living space with a 3rd bedroom that can be used as an oversized entertainment room. Enjoy sunsets from the front porch or from the warmth of the incredibly cozy living room in this quintessential Spanish charmer.
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01910412 Listed on: 05/01/2013
Last Buyer's Agent
Vista Sotheby’s International Realty License #01910412 Listed on: 05/01/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,671
Year Built
- Built in 1933
Lot Details
- 1,506
Parking
- 1 Car Garage
Home Design
- Spanish Architecture
- Split Level Home
- Turnkey
- Spanish Tile Roof
- Stucco
Interior Spaces
- 1,430 Sq Ft Home
- Plantation Shutters
- Blinds
- Window Screens
- French Doors
- Living Room with Fireplace
- White Water Ocean Views
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Converted Bedroom
- 2 Full Bathrooms
Additional Features
- Beach Access
- 1,506 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 4103
- Assessor Parcel Number 4137010007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2020
Sold by
Melendrez Thomas J and Lee Monica T
Bought by
Melendrez Thomas J and Lee Monica T
Current Estimated Value
Purchase Details
Listed on
May 1, 2013
Closed on
Apr 29, 2013
Sold by
Tomlin Shon
Bought by
Melendez Thomas J and Lee Monica T
Seller's Agent
Lynn Range
Vista Sotheby’s International Realty
Buyer's Agent
Lynn Range
Vista Sotheby’s International Realty
List Price
$1,179,000
Sold Price
$1,145,000
Premium/Discount to List
-$34,000
-2.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$858,750
Outstanding Balance
$611,409
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$2,013,790
Purchase Details
Closed on
Jan 3, 2005
Sold by
Salzman David L
Bought by
Tomlin Shon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2004
Sold by
Stuppi Robert W
Bought by
Salzman David L and Glover Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 1998
Sold by
Stuppi Robert W
Bought by
Stuppi Robert W and Altobelli Flora M
Purchase Details
Closed on
Apr 17, 1969
Sold by
Gamage Lorraine
Bought by
Stuppi Robert W and Stuppi Lorraine
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 |
|---|---|---|---|
| Melendrez Thomas J | -- | None Available | |
| Melendez Thomas J | $1,145,000 | Orange Coast Title | |
| Tomlin Shon | $939,000 | Lawyers Title | |
| Salzman David L | $750,000 | Lawyers Title | |
| Stuppi Robert W | -- | -- | |
| Stuppi Robert W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melendez Thomas J | $858,750 | |
| Previous Owner | Tomlin Shon | $798,000 | |
| Previous Owner | Tomlin Shon | $751,200 | |
| Previous Owner | Salzman David L | $149,600 | |
| Previous Owner | Salzman David L | $600,000 | |
| Previous Owner | Stuppi Robert W | $150,000 | |
| Previous Owner | Stuppi Robert W | $40,000 | |
| Closed | Tomlin Shon | $93,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2013 05/07/13 | Sold | $1,145,000 | -2.9% | $801 / Sq Ft |
| 05/01/2013 05/01/13 | For Sale | $1,179,000 | 0.0% | $824 / Sq Ft |
| 04/03/2013 04/03/13 | Pending | -- | -- | -- |
| 03/18/2013 03/18/13 | For Sale | $1,179,000 | 0.0% | $824 / Sq Ft |
| 03/05/2013 03/05/13 | Pending | -- | -- | -- |
| 02/26/2013 02/26/13 | For Sale | $1,179,000 | -- | $824 / 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 | $17,671 | $1,409,973 | $1,127,982 | $281,991 |
| 2024 | $17,671 | $1,382,327 | $1,105,865 | $276,462 |
| 2023 | $17,256 | $1,355,224 | $1,084,182 | $271,042 |
| 2022 | $16,985 | $1,328,652 | $1,062,924 | $265,728 |
| 2021 | $16,768 | $1,302,601 | $1,042,083 | $260,518 |
| 2020 | $16,625 | $1,289,245 | $1,031,398 | $257,847 |
| 2019 | $14,672 | $1,263,967 | $1,011,175 | $252,792 |
| 2018 | $14,382 | $1,239,185 | $991,349 | $247,836 |
| 2016 | $13,302 | $1,191,067 | $952,854 | $238,213 |
| 2015 | $13,027 | $1,173,177 | $938,542 | $234,635 |
| 2014 | $12,847 | $1,150,197 | $920,158 | $230,039 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB13031017
APN: 4137-010-007
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