NOT LISTED FOR SALE

244 31st St Hermosa Beach, CA 90254

Estimated Value: $3,388,000 - $3,996,000

3 Beds
2 Baths
2,223 Sq Ft
$1,638/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $1,980,000 $891 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $21,998/month

5 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • 2 Car Attached Garage
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Central Heating

About This Home

As of September 2013

A Truly Rare Opportunity!
One of the best streets in the Beach Cities. This hidden walkstreet in North Hermosa Beach is special. Ocean Sounds, Views and Breezes to enjoy! Two short blocks to the beach! Exactly in between the Hermosa Beach and Manhattan Beach piers.
A lovely beach house with 3 bedrooms, 2 bathrooms. A very comfortable 2,223sf with tons of sunlight.
Two living areas. Upstairs with a great room feel enjoying ocean views; Downstairs opening up to the ocean view patio.
When these chances come up you move fast!

Last Agent to Sell the Property

Dunham Stewart

Vista Sotheby’s International Realty License #01006738 Listed on: 07/18/2013

Last Buyer's Agent

Chad Fahlbusch

Strand Hill Properties License #01346526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,943

Year Built

  • Built in 1964

Lot Details

  • 2,101

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Interior Spaces

  • 2,223 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Beach Access
  • 2,101 Sq Ft Lot
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 116
  • Tax Tract Number 1
  • Assessor Parcel Number 4181020013

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,943

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Owner
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4181020013
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2223.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 890.69

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2101.00
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2101.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 116
  • Tax Lot: 14
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Aug 7, 2013
Sold by
Cook Allan V
Bought by
Cole Glenn and Cole Jennifer
Seller's Agent
Dunham Stewart
Vista Sotheby’s International Realty
Buyer's Agent
Chad Fahlbusch
Strand Hill Properties
List Price
$1,820,000
Sold Price
$1,980,000
Premium/Discount to List
$160,000
8.79%
Current Estimated Value
$3,640,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,660,483
Avg. Annual Appreciation
5.28%
Original Mortgage
$1,485,000
Outstanding Balance
$1,065,018
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,598,848

Purchase Details

Closed on
Oct 30, 2008
Sold by
Cook Allan Victor and Sutton Cook Carrie Marie
Bought by
Cook Allan

Purchase Details

Closed on
Mar 20, 2003
Sold by
Binnion Thomas R
Bought by
Cook Allan Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
5.25%
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
Cole Glenn $1,980,000 Fidelity National Title Co
Cook Allan -- None Available
Cook Allan Victor $1,150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Glenn $1,485,000
Previous Owner Cook Allan $729,750
Previous Owner Cook Allan $729,750
Previous Owner Cook Allan Victor $805,000
Previous Owner Cook Allan Victor $805,000
Previous Owner Binnion Thomas R $45,000
Previous Owner Binnion Thomas R $110,000
Previous Owner Binnion Thomas R $650,000
Previous Owner Blanion Thomas R $50,000
Previous Owner Binnion Thomas R $100,000
Previous Owner Binnion Thomas R $50,000
Previous Owner Binnion Thomas R $75,000
Previous Owner Binnion Thomas R $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2013 09/05/13 Sold $1,980,000 +8.8% $891 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $1,820,000 -- $819 / 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 $25,943 $2,446,814 $2,206,550 $240,264
2024 $25,943 $2,398,838 $2,163,285 $235,553
2023 $25,407 $2,351,803 $2,120,868 $230,935
2022 $24,952 $2,305,690 $2,079,283 $226,407
2021 $24,516 $2,260,481 $2,038,513 $221,968
2019 $23,870 $2,193,435 $1,978,050 $215,385
2018 $23,088 $2,150,427 $1,939,265 $211,162
2016 $21,955 $2,066,925 $1,863,962 $202,963
2015 $21,532 $2,035,879 $1,835,964 $199,915
2014 $20,827 $1,980,000 $1,800,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13141395

California Regional Multiple Listing Service (CRMLS)

APN: 4181-020-013