NOT LISTED FOR SALE

2601 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $2,655,000 - $3,239,000

3 Beds
2 Baths
1,922 Sq Ft
$1,564/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $2,149,000 $1,118 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $17,886/month

39 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • High Ceiling
  • Pacific Elementary School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of October 2020

On a picture-perfect street filled with friendly neighbors in the Tree Section, sits this 3 bed, 2 bath, traditional home that is bright, updated, and close to the best parts of Manhattan beach—downtown, parks, the sand and the chip trail. The inviting, open concept layout combines an updated kitchen, cozy dining area and sunlight filled living room with a Dutch door that leads to the backyard where the whole family can enjoy the California sunshine year-round—complete with an avocado tree. A corner nook in the entry way offers a perfect place to curl up with a book and the practically hidden laundry area provides convenience and storage that is in addition to the many closets throughout. A staircase from the living room leads up to a large family room that can be used for study, play, a home office or even extra guest space! Numerous upgrades have lovingly been made to the home including: new windows, new roof, new water heater, new quartz countertops in the kitchen, new fixtures and cabinets in both baths, new Dutch door, upgraded and additional lighting throughout, new carpet upstairs and new stone hardscaping throughout the abundance of outdoor space. Add to all this wonderful curb appeal, a new fenced in front yard, 2-car garage with large driveway, an extra space behind the house which is perfect for storage or a future wine cellar. This exceptional home also has air conditioning. Ready to move in!

Last Agent to Sell the Property

Kirsten Cole

Vista Sotheby’s International Realty License #01450452 Listed on: 08/20/2020

Vista Sotheby’s International Realty

Last Buyer's Agent

Lindsay Guttman

The Agency License #01901278

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 4,486 Sq Ft Lot
  • Stone Wall
  • Wood Fence
  • Back and Front Yard
  • Property is zoned MNRS

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway Level

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,922 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Separate Family Room
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Schools

  • Pacific Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 42
  • Tax Tract Number 1638
  • Assessor Parcel Number 4173024036

Home Details

Home Type

Single Family

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4173024036
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1922.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1118.11
  • Room Type: Living Room, Main Floor Master Bedroom, Separate Family Room
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Upgraded
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stone, Wood
  • Patio And Porch Features: Enclosed, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway Level, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Pacific
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: PACIFI2
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4486.00
  • Lot Size Acres: 0.1030

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4486.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 42
  • Tax Census Tract: 6203.03
  • Tax Lot: 16
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 22, 2020
Sold by
Onwuegbusi Joseph and Onwuegbusi Stephanie Lynn
Bought by
Midura Daniel C and Bennett Emma L
Seller's Agent
Kirsten Cole
Vista Sotheby’s International Realty
Buyer's Agent
Lindsay Guttman
The Agency
List Price
$2,249,000
Sold Price
$2,149,000
Premium/Discount to List
-$100,000
-4.45%
Current Estimated Value
$3,006,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,702
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,719,200
Outstanding Balance
$1,526,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,480,353

Purchase Details

Closed on
Jun 7, 2019
Sold by
Onwuegbusi Joseph and Onwuegbusi Stephanie Lynn
Bought by
Onwuegbusi Joseph and Onwuegbusi Stephanie Lynn

Purchase Details

Listed on
Apr 4, 2017
Closed on
Apr 28, 2017
Sold by
Segil James
Bought by
Onwuegbusi Joseph and Onwuegbusi Stephanie
Seller's Agent
Matt Waxman
Ossia Real Estate
Buyer's Agent
Kirsten Cole
Vista Sotheby’s International Realty
List Price
$1,995,000
Sold Price
$1,975,000
Premium/Discount to List
-$20,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$1,560,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2008
Sold by
Shea Daniel S
Bought by
Segil James and Segil Donne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$982,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Dulai Gareth S
Bought by
Shea Daniel S and Shea Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Dulai Gareth S
Bought by
Dulai Gareth S and Chen Elisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 5, 2003
Sold by
Dulai Gareth S
Bought by
Dulai Gareth S and Chen Elisa M

Purchase Details

Closed on
Feb 25, 2000
Sold by
Droke Kevin
Bought by
Dulai Gareth S and Chen Elisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
7.87%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Shelton Droke Cynthia M
Bought by
Droke Darrell Kevin and Droke Cynthia Shelton

Purchase Details

Closed on
Aug 26, 1998
Sold by
Shelton Cynthia M
Bought by
Droke D Kevi N and Droke Cynthia Shelton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.91%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Consani Christopher B
Bought by
Shelton Cynthia Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,800
Interest Rate
6.98%
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
Midura Daniel C $2,149,000 Usa National Title
Onwuegbusi Joseph -- None Available
Onwuegbusi Joseph $1,950,000 Lawyers Title Company
Segil James $1,310,000 Lawyers Title Company
Shea Daniel S $940,000 Southland Title Corporation
Dulai Gareth S -- Fidelity National Title
Dulai Gareth S -- Fidelity National Title
Dulai Gareth S -- --
Dulai Gareth S $785,000 Continental Title
Droke Darrell Kevin -- --
Droke Darrell Kevin -- --
Droke D Kevi N -- --
Shelton Cynthia Marie $168,000 Title Land
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midura Daniel C $1,719,200
Previous Owner Onwuegbusi Joseph $1,560,000
Previous Owner Segil James $982,500
Previous Owner Shea Daniel S $752,000
Previous Owner Dulai Gareth S $310,000
Previous Owner Dulai Gareth S $628,000
Previous Owner Droke D Kevi N $472,500
Previous Owner Shelton Cynthia Marie $397,800
Closed Shea Daniel S $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $2,149,000 -2.1% $1,118 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $2,195,000 -2.4% $1,142 / Sq Ft
08/20/2020 08/20/20 For Sale $2,249,000 +13.9% $1,170 / Sq Ft
05/25/2017 05/25/17 Sold $1,975,000 -1.0% $1,028 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $1,995,000 +1.0% $1,038 / Sq Ft
04/16/2017 04/16/17 Off Market $1,975,000 -- --
04/04/2017 04/04/17 For Sale $1,995,000 -- $1,038 / 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 $26,165 $2,326,144 $1,860,916 $465,228
2024 $26,165 $2,280,534 $1,824,428 $456,106
2023 $25,454 $2,235,818 $1,788,655 $447,163
2022 $25,015 $2,191,980 $1,753,584 $438,396
2021 $24,581 $2,149,000 $1,719,200 $429,800
2019 $23,291 $2,028,780 $1,623,024 $405,756
2018 $22,812 $1,989,000 $1,591,200 $397,800
2016 $15,898 $1,425,047 $1,140,039 $285,008
2015 $15,569 $1,403,642 $1,122,915 $280,727
2014 $15,353 $1,376,147 $1,100,919 $275,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20171209

California Regional Multiple Listing Service (CRMLS)

APN: 4173-024-036