Landlord's Agent in 2019
Kris Terrill
Pacifica Properties Group, Inc.
(310) 749-5158
4 in this area
18 Total Sales
2603 Laurel Ave Manhattan Beach, CA 90266
Estimated Value: $5,230,000 - $6,867,000
5
Beds
4.5
Baths
4,622
Sq Ft
$1,291/Sq Ft
Est. Value
Highlights
- Private Pool
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Grand View Elementary School Rated A
- Cape Cod Architecture
- Corner Lot
About This Home
As of May 2019It’s the home you’ve been driving by and dreaming about! Located on a generous corner lot, sitting high on Laurel Avenue, complete with a wrap-around Porch, treetop views and brilliant light. Unique features are plentiful, from the shape of the Living Room, (reminiscent of a lighthouse) to the idyllic backyard, with a Pool, Swim-Up Bar, Infinity Spa, Waterfall, Fire Features, Outdoor Kitchen and lots of seating. Accents of Double Dutch Doors, Grass Cloth Wall Paper, Wainscoting and unique shell themed chandeliers personify all that is great about Coastal Living particularly in Manhattan Beach. There are three levels to this home accessible via two dramatic staircases or a 3-Stop elevator. The entry level houses a traditional Living Room, formal dining room, two bedrooms, two bathrooms and a remodeled kitchen with a generous Neolith Island, Viking 5-burner range/oven, Viking Sub-Zero Refrigerator, two dishwashers and a walk-in Pantry. Sliding doors open on to the backyard. The upper level houses three additional bedrooms, including a Master Suite, a Jack and Jill bathroom and Laundry room. And of course, a deck wraps the west side of the home looking onto the Pool and Spa. Downstairs a Gym, a Game Room (could be the 6th bedroom suite), 3/4 bath, and a separate room perfect for a wine cellar. Custom cabinetry provides lots of extra storage. Mature Landscaping including lemon and orange trees provides a lush setting for this one of a kind home.
Last Agent to Rent the Property
Pacifica Properties Group, Inc. License #01243611 Listed on: 04/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $52,650
Year Built
- Built in 2006
Lot Details
- 6,124 Sq Ft Lot
- Corner Lot
- Property is zoned MNRS
Parking
- 3 Car Attached Garage
Home Design
- Cape Cod Architecture
Interior Spaces
- 4,622 Sq Ft Home
- 3-Story Property
- Partially Furnished
- Sliding Doors
- Formal Entry
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Walk-In Pantry
- Six Burner Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
Pool
- Private Pool
- Spa
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $45,000
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 5/1/19
- Tax Lot 24
- Tax Tract Number 1638
- Assessor Parcel Number 4174018036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 14, 2009
Sold by
Cottle Barry and Cottle Susan
Bought by
Cottle Barry L and Cottle Susan J
Current Estimated Value
Purchase Details
Closed on
Aug 23, 2007
Sold by
G & L 2603 Laurel Development Llc
Bought by
Cottle Barry and Cottle Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,643,750
Outstanding Balance
$1,666,174
Interest Rate
6.57%
Mortgage Type
Negative Amortization
Estimated Equity
$4,301,586
Purchase Details
Closed on
Jul 20, 2005
Sold by
Fromm Gary L and Fromm Mary E
Bought by
G & L Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,368,000
Interest Rate
5.93%
Mortgage Type
Construction
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cottle Barry L | -- | None Available | |
| Cottle Barry | $3,525,000 | Lawyers Title Company | |
| G & L 2603 Laurel Development Llc | -- | Lawyers Title Company | |
| G & L Llc | $1,800,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | G & L 2603 Laurel Development Llc | $2,643,750 | |
| Closed | Cottle Barry | $2,643,750 | |
| Previous Owner | G & L Llc | $2,368,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2019 05/08/19 | Rented | $15,000 | 0.0% | -- |
| 05/05/2019 05/05/19 | Under Contract | -- | -- | -- |
| 04/22/2019 04/22/19 | For Rent | $15,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $52,650 | $4,713,507 | $2,495,683 | $2,217,824 |
| 2024 | $52,650 | $4,621,087 | $2,446,749 | $2,174,338 |
| 2023 | $51,258 | $4,530,478 | $2,398,774 | $2,131,704 |
| 2022 | $50,367 | $4,441,646 | $2,351,740 | $2,089,906 |
| 2021 | $49,459 | $4,354,556 | $2,305,628 | $2,048,928 |
| 2019 | $48,123 | $4,225,399 | $2,237,243 | $1,988,156 |
| 2018 | $47,163 | $4,142,549 | $2,193,376 | $1,949,173 |
| 2016 | $43,992 | $3,981,690 | $2,108,205 | $1,873,485 |
| 2015 | $43,078 | $3,921,882 | $2,076,538 | $1,845,344 |
| 2014 | $35,745 | $3,231,000 | $2,128,300 | $1,102,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kris Terrill
-
Kim Hall
Tenant's Agent in 2019
Kim Hall
RE/MAX
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19091980
APN: 4174-018-036
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