NOT LISTED FOR SALE

2309 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $5,013,000 - $6,540,000

5 Beds
4.5 Baths
4,432 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $3,875,000 $874 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $34,367/month

Highlights

  • Built in 2017 | Newly Remodeled
  • Primary Bedroom Suite
  • Private Yard
  • Pacific Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of October 2017

This beautiful new construction home boasts 5 bedrooms and 4.5 bathrooms with approximately 4,432 square feet of living space. This home contains an elevator, A/C, 3-car garage, and basement.

Last Agent to Sell the Property

Robert Lane

Vista Sotheby’s International Realty License #00768020 Listed on: 10/26/2017

Vista Sotheby’s International Realty

Last Buyer's Agent

Jim Van Zanten

Vista Sotheby’s International Realty License #00544011

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 4,480 Sq Ft Lot
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 4,432 Sq Ft Home
  • Elevator
  • Entryway
  • Great Room with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 1638
  • Assessor Parcel Number 4171009033

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171009033
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4432.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full, Elevator
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Master Bedroom, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 874.32
  • Room Type: Basement, Entry, Great Room, Jack & Jill, Kitchen, Laundry, Master Suite, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Refrigerator, Tankless Water Heater
  • Heating Type: Zoned, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 4480.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Sb Walnut Partners Llc
Bought by
Suh Jeffrey Dong Sung and Suh Anneyoo
Current Estimated Value
$5,789,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,712,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 11, 2016
Sold by
Farnham Richard A and Farnham Christine A
Bought by
Sb Walnut Partners Llc
Seller's Agent
Jay Harkenrider
Riddle & Ross, Inc.
Buyer's Agent
Robert Lane
Vista Sotheby’s International Realty
List Price
$1,879,000
Sold Price
$1,725,000
Premium/Discount to List
-$154,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$990,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2000
Sold by
Ramaswami Krishnan and Bhattacharya Saswati
Bought by
Haines Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
8.13%

Purchase Details

Closed on
Mar 11, 1999
Sold by
2309 Walnut Ltd
Bought by
Ramaswami Krishnan and Bhattacharya Saswati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
6.73%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Konin Stanley A and Konin Danielle D
Bought by
2309 Walnut Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.93%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Suh Jeffrey Dong Sung $3,875,000 Usa National Title Co
Sb Walnut Partners Llc $1,725,000 None Available
Haines Miriam $660,000 Lawyers Title Company
Ramaswami Krishnan $655,000 Lawyers Title Company
2309 Walnut Ltd $560,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suh Jeffrey Dong Sung $2,712,500
Previous Owner Sb Walnut Partners Llc $990,000
Previous Owner Haines Miriam $528,000
Previous Owner Ramaswami Krishnan $524,000
Previous Owner 2309 Walnut Ltd $495,000
Closed Ramaswami Krishnan $98,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2017 10/27/17 Sold $3,875,000 -3.1% $874 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $3,999,000 +131.8% $902 / Sq Ft
01/13/2016 01/13/16 Sold $1,725,000 -4.1% $1,113 / Sq Ft View Prior Sale
11/24/2015 11/24/15 Pending -- -- --
11/13/2015 11/13/15 Price Changed $1,799,000 -4.3% $1,161 / Sq Ft
10/28/2015 10/28/15 For Sale $1,879,000 -- $1,212 / 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 $49,156 $4,409,084 $2,275,657 $2,133,427
2024 $49,156 $4,322,633 $2,231,037 $2,091,596
2023 $47,898 $4,237,877 $2,187,292 $2,050,585
2022 $47,064 $4,154,782 $2,144,404 $2,010,378
2021 $46,175 $4,073,316 $2,102,357 $1,970,959
2019 $44,927 $3,952,500 $2,040,000 $1,912,500
2018 $43,885 $3,875,000 $2,000,000 $1,875,000
2016 $18,617 $1,675,161 $1,172,613 $502,548
2015 $7,410 $661,982 $529,589 $132,393
2014 $7,313 $649,016 $519,216 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17244760

California Regional Multiple Listing Service (CRMLS)

APN: 4171-009-033