NOT LISTED FOR SALE

2601 Alma Ave Manhattan Beach, CA 90266

Estimated Value: $4,280,516 - $5,513,000

5 Beds
5 Baths
3,658 Sq Ft
$1,354/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $3,360,500 $919 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $29,291/month

79 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Maid or Guest Quarters
  • Grand View Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Bruce's Beach

About This Home

As of September 2018

Captivating ocean views greet you as you enter the grand yet beach-cozy living room and balcony(surrounding properties fully developed so view protected) Guest house or rental. Perfect for two families! South facing. Sides to a walk street! Set atop a hill just a few blocks from the sand, this home offers stunning views and exquisite architectural elements. Wood beams give dimension & interest to the wood plank ceiling. A Cape Cod feeling of substance and tradition without being dated. Natural light illuminates the space through corner windows and sliders that take you out to that brisk ocean breeze. A wall of leaded, beveled windows graces a large dining room. Plenty of room for friends/family dining, al fresco. And the kitchen! Lots of great counter space for baking, cooking and displaying all the goodies at parties and holidays. A cozy den is just off the kitchen and living room. Master suite and second bedroom both have their own viewing balconies. Nice, quiet location yet walking distance to beach and town shopping/dining. And that's just the top floor! The second floor also offers great view of ocean with a nice balcony to gaze upon the water. Two bedrooms and two baths, nice sized kitchen and big living room. Yet a third floor enjoys a peek-a-boo view and patio. One bedroom and one bath and living room and kitchen w/laundry (also hookups in 3 car garage) . All newer windows throughout. Walk street just outside the door gives space from neighbor to south.

Last Agent to Sell the Property

Carla Jones

Circa Properties, Inc. License #01258883 Listed on: 05/16/2018

Circa Properties, Inc.

Last Buyer's Agent

Dave Fratello

Edge License #01880469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,876

Year Built

  • Built in 1969

Lot Details

  • 2,714 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRM

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 3,658 Sq Ft Home
  • 3-Story Property
  • Plantation Shutters
  • French Mullion Window
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Attached Guest House
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 4177014020

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,876

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRM
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4177014020
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3658.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 918.67
  • Room Type: Guest/Maid's Quarters, Main Floor Bedroom, Master Suite
  • Window Features: French/Mullioned, Plantation Shutters

Exterior Features

  • Other Structures: Guest House Attached
  • View: Catalina, Coastline, Ocean, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer, Sewer Paid
  • 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: 2714.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 4
  • Tax Tract Number: -n

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 6, 2018
Sold by
Dougherty Carol L
Bought by
Fanning Christophar E and Fanning Claire C
Seller's Agent
Carla Jones
Circa Properties, Inc.
Buyer's Agent
Dave Fratello
Edge
List Price
$4,000,000
Sold Price
$3,360,500
Premium/Discount to List
-$639,500
-15.99%
Current Estimated Value
$4,735,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,374,884
Avg. Annual Appreciation
5.77%
Original Mortgage
$2,520,375
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2014
Sold by
Dougherty Carol L
Bought by
Dougherty Carol L and Carol & Dennis Dougherty Family Survivor

Purchase Details

Closed on
Aug 8, 2011
Sold by
Dougherty Dennis F and Dougherty Carol
Bought by
Dougherty Carol L and Carol & Dennis Dougherty Family Trust

Purchase Details

Closed on
Aug 30, 1993
Sold by
Dougherty Dennis F
Bought by
Dougherty Dennis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
6.95%
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
Fanning Christophar E $3,360,500 Fidelity National Title
Dougherty Carol L -- None Available
Dougherty Carol L -- None Available
Dougherty Dennis F -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanning Christopher E $2,488,500
Closed Fanning Christopher E $2,520,375
Closed Fanning Christopher E $2,520,375
Closed Fanning Christophar E $2,520,375
Previous Owner Dougherty Dennis F $308,355
Previous Owner Dougherty Dennis F $247,650
Previous Owner Dougherty Dennis F $315,221
Previous Owner Dougherty Dennis F $100,000
Previous Owner Dougherty Dennis F $284,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $3,360,500 -3.8% $919 / Sq Ft
07/14/2018 07/14/18 Price Changed $3,495,000 -7.4% $955 / Sq Ft
06/13/2018 06/13/18 Price Changed $3,775,000 -5.6% $1,032 / Sq Ft
05/16/2018 05/16/18 For Sale $4,000,000 -- $1,093 / 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 $41,876 $3,748,696 $2,677,243 $1,071,453
2024 $41,876 $3,675,194 $2,624,749 $1,050,445
2023 $40,788 $3,603,133 $2,573,284 $1,029,849
2022 $40,079 $3,532,484 $2,522,828 $1,009,656
2021 $39,347 $3,463,220 $2,473,361 $989,859
2019 $38,285 $3,360,500 $2,400,000 $960,500
2018 $8,973 $740,959 $320,766 $420,193
2017 $8,589 $726,431 $314,477 $411,954
2016 $8,193 $712,188 $308,311 $403,877
2015 $8,027 $701,491 $303,680 $397,811
2014 $7,928 $687,751 $297,732 $390,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18116878

California Regional Multiple Listing Service (CRMLS)

APN: 4177-014-020