NOT LISTED FOR SALE

232 5th Place Manhattan Beach, CA 90266

Estimated Value: $3,975,726 - $5,326,000

3 Beds
3.5 Baths
2,037 Sq Ft
$2,244/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $2,675,000 $1,313 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $27,203/month

7 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Opal Robinson Elementary School Rated A
  • Deck
  • Granite Countertops

About This Home

As of June 2017

Coastal Living Magazine perfect! Located in the heart of Manhattan Beach's "South End" this shingle style beach house screams the California Beach Life you have always dreamed about. Set right in the heart of it all, this single family 3 bedroom, 3.5 bathroom home is just steps to the beach, downtown shops and award winning blue ribbon Robinson Elementary school. Park the car and walk everywhere in under 5 minutes with no steep hills to climb. Features include: Large open kitchen with ocean views, all stainless steel appliances that flows into dining area and lovely high vaulted ceiling family room with stacked stone fireplace. Hardwood floors throughout the entire home, do not miss the large master suite with large walk in closet, dual sink vanity bathroom, separate tub and glass enclosed shower. All bedrooms have their own bathrooms plus a powder bathroom on main floor living for guests. Timeless in every way, this ocean view beach house embraces Manhattan Beach's long history of being the best little beach town in Southern California. Attached 2 car garage, lots of storage and alley access make this a unique offering that is not a townhome. Come experience all that is "South End" Manhattan Beach living. Immaculate and requires no work! Rare to find this quality of home at this price in the heart of downtown Manhattan Beach.

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 04/27/2017

Last Buyer's Agent

Joe Buck

Compass License #01995305

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,509

Year Built

  • Built in 2001

Lot Details

  • 1,353 Sq Ft Lot
  • Landscaped
  • Property is zoned MNRM

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 2,037 Sq Ft Home
  • Shutters
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 73
  • Assessor Parcel Number 4180025016

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,509

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNRM
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4180025016
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2037.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Pantry
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1313.21
  • Room Type: Entry, Living Room, Master Suite, Multi-Level Bedroom
  • Window Features: Shutters
  • Bathroom Features: Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • 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: Landscaped
  • Lot Size Sq Ft: 1353.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6209.04
  • Tax Lot: 11
  • Tax Tract Number: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 6, 2017
Sold by
Moon In Sun
Bought by
Moon David
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Joe Buck
Compass
List Price
$2,599,000
Sold Price
$2,675,000
Premium/Discount to List
$76,000
2.92%
Current Estimated Value
$4,570,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,895,432
Avg. Annual Appreciation
6.63%
Original Mortgage
$925,000
Outstanding Balance
$767,770
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$3,802,662

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 5, 2017
Sold by
Boughan Andrew B
Bought by
Moon Susie S and Moon David
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Joe Buck
Compass
List Price
$2,599,000
Sold Price
$2,675,000
Premium/Discount to List
$76,000
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Outstanding Balance
$767,770
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$3,802,662

Purchase Details

Closed on
Jan 11, 2013
Sold by
Binns James H and Binns Connie H
Bought by
Warters Richard A and Binns 2012 Multi Generational Trust

Purchase Details

Listed on
May 30, 2012
Closed on
Jun 20, 2012
Sold by
Yurosek Steven
Bought by
Boughan Andrew B and Boughan Marian B
Seller's Agent
Ray Joseph
Radius Agent Realty
Buyer's Agent
Nicholas Schneider
Compass
List Price
$1,777,000
Sold Price
$1,825,000
Premium/Discount to List
$48,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$839,500
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2007
Sold by
Firring Brian J and Firring Jill R
Bought by
Yurosek Steven

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
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Firring Brian and Firring Jill
Bought by
Firring Brian J

Purchase Details

Closed on
Aug 20, 2002
Sold by
233 5Th Street
Bought by
Firring Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,600
Interest Rate
5.12%

Purchase Details

Closed on
May 25, 2001
Sold by
Macaluso John
Bought by
233 5Th Street Llc

Purchase Details

Closed on
Nov 11, 2000
Sold by
Pease Trust Sanwa Bank California Tr Willard and Will Of Edith Q Pease
Bought by
Macaluso John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Interest Rate
7.86%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Moon David -- Lawyers Title
Moon Susie S $2,675,000 Lawyers Title
Warters Richard A -- None Available
Boughan Andrew B $1,825,000 Usa National Title Co
Yurosek Steven $1,750,000 Fidelity National Title Co
Firring Brian J -- --
Firring Brian $1,067,000 Lawyers Title Company
233 5Th Street Llc -- --
Macaluso John $505,000 Continental Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Susie S $925,000
Previous Owner Boughan Andrew B $839,500
Previous Owner Yurosek Steven $1,000,000
Previous Owner Firring Brian $853,600
Previous Owner Macaluso John $694,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2017 06/08/17 Sold $2,675,000 +2.9% $1,313 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $2,599,000 +42.4% $1,276 / Sq Ft
07/12/2012 07/12/12 Sold $1,825,000 +2.7% $896 / Sq Ft View Prior Sale
06/13/2012 06/13/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $1,777,000 -- $872 / 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 $34,509 $3,104,563 $2,483,653 $620,910
2024 $34,509 $3,043,690 $2,434,954 $608,736
2023 $33,659 $2,984,010 $2,387,210 $596,800
2022 $33,073 $2,925,501 $2,340,402 $585,099
2021 $32,475 $2,868,139 $2,294,512 $573,627
2019 $31,596 $2,783,070 $2,226,456 $556,614
2018 $30,998 $2,728,500 $2,182,800 $545,700
2016 $21,218 $1,912,190 $1,434,606 $477,584
2015 $20,778 $1,883,468 $1,413,057 $470,411
2014 $20,483 $1,846,575 $1,385,378 $461,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17090395

California Regional Multiple Listing Service (CRMLS)

APN: 4180-025-016