NOT LISTED FOR SALE

231 29th St Hermosa Beach, CA 90254

Estimated Value: $4,436,000 - $5,655,000

4 Beds
4.5 Baths
3,650 Sq Ft
$1,417/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $3,700,000 $1,014 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $31,709/month

76 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Open Floorplan
  • Hermosa Valley Elementary School Rated A
  • Primary Bedroom Suite
  • Traditional Architecture

About This Home

As of September 2020

This Seaside Sanctuary has it all, wonderful gated entry, expansive ocean & Palos Verdes views, oversized viewing deck, flowing floorplan, & only 10 doors to the Strand along one of the best stretches of beach in the South Bay. Top-caliber quality throughout with Pella windows & doors, copper gutters, wide plank long board walnut floors, custom stone & tile, custom buffet, built in bookshelves & files in the office. Enter the custom front door leading to a generous family room, french doors open to a sunny, private, view patio - elegance throughout with antique French terra cotta tile direct from a French farmhouse, plus dishwasher,sink & wine frig, a truly functional entertaining area for friends & family! The 2 car garage has additional parking directly behind the garage. Park & enter the mud room/laundry, nearby a 3 stop elevator. The fourth bedroom plus it's own ensuite bath is on the 1st floor, ideal for a guest room or an executive office. Three good sized bedrooms, with their own bath are on the 2nd floor including the exquisite master suite, it's own ocean view reading nook. The spa-style master bath features a steam shower & walk-in master closet with built-in organizers..The top floor is breathtaking with exceptional ocean views to both the north and the south! Guests can linger over cocktails & move easily to the kitchen bar & dining area or gather in the great room by the fire for those ocean view sunsets.

Last Agent to Sell the Property

Jane Sager

Estate Properties License #01001004 Listed on: 06/12/2020

Estate Properties

Last Buyer's Agent

Emma von Jansky

Pacifica Properties Group, Inc. License #02001056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,265

Year Built

  • Built in 2007

Lot Details

  • 2,421 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned HBR2*

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available

Property Views

  • Ocean
  • Panoramic

Home Design

  • Traditional Architecture
  • Turnkey
  • Tile Roof

Interior Spaces

  • 3,650 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Awning
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Closet In Bathroom

Outdoor Features

  • Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 115
  • Assessor Parcel Number 4181021010

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,265

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: HBR2*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4181021010
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3650.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Elevator, Living Room Deck Attached, Open Floorplan, Vacuum Central, Wet Bar
  • Stories: 3
  • Entry Location: 1st Floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1013.70
  • Room Type: Family Room, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Media Room, Office
  • Bathroom Features: Closet In Bathroom, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Rain Gutters
  • View: Ocean, Panoramic
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2421.00
  • Lot Size Acres: 0.0556

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2421.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 115
  • Tax Census Tract: 6210.04
  • Tax Lot: 11
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 31, 2020
Sold by
Cusumano Charles A and Cusumano Cheri M
Bought by
Lee Richard and Lee Leslie Jeong
Seller's Agent
Jane Sager
Estate Properties
Buyer's Agent
Emma von Jansky
Pacifica Properties Group, Inc.
List Price
$3,899,900
Sold Price
$3,700,000
Premium/Discount to List
-$199,900
-5.13%
Current Estimated Value
$5,173,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,473,006
Avg. Annual Appreciation
7.70%
Original Mortgage
$1,800,000
Outstanding Balance
$1,604,618
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,724,965

Purchase Details

Closed on
May 16, 2007
Sold by
Moloney Dennis M
Bought by
Cusumano Charles A and Cusumano Cheri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Oleary David J and Beals Carrol E
Bought by
Moloney Dennis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,955,000
Interest Rate
5.64%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 1993
Sold by
Oleary David J and Oleary Carol E Beals
Bought by
Oleary David J and Beals Carrol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
3.5%
Source: Public Records

Range of Values:

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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
Lee Richard $3,700,000 Consumers Title Company
Cusumano Charles A $3,000,000 Lawyers Title Company
Moloney Dennis M $1,475,000 Lawyers Title
Oleary David J -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Richard $1,800,000
Previous Owner Cusumano Charles A $417,000
Previous Owner Moloney Dennis M $1,955,000
Previous Owner Oleary David J $250,000
Previous Owner Oleary David J $377,000
Previous Owner Oleary David J $212,000
Previous Owner Oleary David J $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $3,700,000 -5.1% $1,014 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $3,899,900 -- $1,068 / 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 $42,265 $4,004,997 $3,030,809 $974,188
2024 $42,265 $3,926,469 $2,971,382 $955,087
2023 $41,386 $3,849,480 $2,913,120 $936,360
2022 $40,644 $3,774,000 $2,856,000 $918,000
2021 $39,892 $3,700,000 $2,800,000 $900,000
2020 $39,727 $3,675,197 $2,021,358 $1,653,839
2019 $38,901 $3,603,135 $1,981,724 $1,621,411
2018 $37,632 $3,532,486 $1,942,867 $1,589,619
2016 $35,777 $3,395,317 $1,867,424 $1,527,893
2015 $35,086 $3,344,317 $1,839,374 $1,504,943
2014 $32,705 $3,128,000 $1,833,100 $1,294,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20113708

California Regional Multiple Listing Service (CRMLS)

APN: 4181-021-010