$1,975,000
SOLD MAY 25, 2017

2601 Walnut Ave Manhattan Beach, CA 90266

3 Beds
2 Baths
1,922 Sq Ft
4,486 Sq Ft Lot

Recently Sold

$1,028 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • City Lights View
  • Cape Cod Architecture
  • No HOA
  • Pacific Elementary School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of October 2020

***Beach living in the heart of the trees!! Move In Condition, this recently upgraded Coastal Cape Cod home is located in a wonderful kid-friendly neighborhood. You'll immediately appreciate the open, airy, thoughtful floor plan with all bedrooms and baths on the same level. As Ceiling Fans stir the ocean air, Plantation Shutters and Duel Retractable Skylight Blinds bath this beach beauty in abundant natural light creating a vibrant yet casual living environment. A large Family Room on the upper level works perfectly as a game/playroom or home office. The peaceful backyard features a large wood trellis and mature orange and avocado trees. Create your future wine cellar and organize valuable storage space in the bonus basement area. Easy walking distance to the green belt, award winning schools, restaurants, and shops. Or take a quick five minute ride with Uber to the beach or Downtown Manhattan Beach for sunset dinners. Critical load electrical system installed for easy hook up to outside power source (generator). The system has separate wiring and will allow owner to roll out a back generator should they choose and power fridge and limited lighting. Air conditioning and water softening system are all included for your comfort.***

Last Agent to Sell the Property

Matt Waxman

Ossia Real Estate License #01290178 Listed on: 04/04/2017

Last Buyer's Agent

Kirsten Cole

Vista Sotheby’s International Realty License #01450452

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,165

Year Built

  • Built in 1961

Lot Details

  • 4,486 Sq Ft Lot
  • Back Yard
  • Property is zoned MNRS

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 4173024036

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,165

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310 529-9580
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Cape Cod
  • 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
  • Stories: 2
  • Entry Location: lower
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1027.58
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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: Back Yard
  • Lot Size Sq Ft: 4486.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6203.03
  • Tax Lot: 1
  • Tax Tract Number: 1

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
$2,971,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,486
Avg. Annual Appreciation
6.94%
Original Mortgage
$1,719,200
Outstanding Balance
$1,547,194
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,400,024

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
5.04%
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
$94,500
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,149,000 Usa National Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,950,000 Lawyers Title Company
Grant Deed $1,310,000 Lawyers Title Company
Grant Deed $940,000 Southland Title Corporation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed $785,000 Continental Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $168,000 Title Land
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,900 Credit Line Revolving
Open $1,719,200 New Conventional
Previous Owner $193,000 Credit Line Revolving
Previous Owner $1,560,000 Adjustable Rate Mortgage/ARM
Previous Owner $897,000 Adjustable Rate Mortgage/ARM
Previous Owner $982,500 Purchase Money Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,000,000 Unknown
Previous Owner $367,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $848,000 New Conventional
Previous Owner $752,000 Purchase Money Mortgage
Previous Owner $310,000 Credit Line Revolving
Previous Owner $599,000 Unknown
Previous Owner $628,000 No Value Available
Previous Owner $94,500 Credit Line Revolving
Previous Owner $472,500 No Value Available
Previous Owner $397,800 No Value Available
Closed $94,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: SB17066719

California Regional Multiple Listing Service (CRMLS)

APN: 4173-024-036