NOT LISTED FOR SALE

2615 Palm Ave Manhattan Beach, CA 90266

Estimated Value: $4,317,341 - $5,128,000

4 Beds
3.5 Baths
3,188 Sq Ft
$1,439/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $3,625,000 $1,137 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $28,579/month

40 Days on Market

Highlights

  • Primary Bedroom Suite
  • City View
  • No HOA
  • Pacific Elementary School Rated A
  • Modern Architecture
  • Enclosed Patio or Porch

About This Home

As of November 2021

Located in the heart of the Tree Section, moments from The Greenbelt & Downtown Manhattan, sits this newly constructed Architectural gem. Once past the crisp modern lines, wood-inspired tile floors set on a dramatic chevron pattern sing in perfect harmony w/a host of custom finishes throughout. A large entry leads to a blended family & dining room, opening to a large 749sft, covered patio & backyard framed in by rows of verdant Podocarpus hedges - perfect for al fresco dining & entertaining. A center island chefs kitchen comes w/custom cabinets, high-end stainless-steel appliances, & gleaming stone countertops. A powder room adds convenience. Upstairs, 4 bedrooms + 3 baths all branch off a TV/family room. The primary suite w/balcony dovetails w/a sumptuous bath w/2 sinks, soaking tub & walk-in shower + massive dual closets. Two secondary bedrooms share a custom bath, whilst an ensuite has its own bath + balcony. 2-car garage w/direct entry, laundry, central hvac + recessed lighting & built-in speaker system throughout make this Tree Section beauty a must see!

Last Agent to Sell the Property

Joel Martinez

Corcoran Global Living License #02071777 Listed on: 09/23/2021

Co-Listed By

Carolina Provvido

Compass License #02070916

Last Buyer's Agent

Rachel Ezra

License #01396863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,907

Year Built

  • Built in 2019

Lot Details

  • 4,643 Sq Ft Lot
  • Lot Dimensions are 40x116
  • Property is zoned MNRS

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 3,188 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • City Views

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Additional Features

  • Enclosed Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4173-021-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,907

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Located in the heart of the Tree Section, moments from The Greenbelt & Downtown Manhattan, sits this newly constructed Architectural gem. Once past the crisp modern lines, wood-inspired tile floors set on a dramatic chevron pattern sing in perfect harmony w/a host of custom finishes throughout. A center island chefs kitchen comes w/custom cabinets, high-end stainless-steel appliances, & gleaming stone countertops. A powder room adds convenience. Upstairs, 4 bedrooms + 3 baths all branch off a TV/family room. The primary suite w/balcony dovetails w/a sumptuous bath w/2 sinks, soaking tub & walk-in shower+massive dual closets. Two secondary bedrooms share a custom bath, whilst an ensuite has its own bath + balcony. 2-car garage w/direct entry, laundry, central hvac + recessed lighting & built-in speaker system throughout make this Tree Section beauty a must see! ***749 SQ FT OF 3937 SQ***
  • Living Area: 3188
  • Lot Acreage: 0.1066
  • Lot Dimensions: 40x116
  • Probate: No
  • Stories: 2
  • Year Built: 2019
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Appliances: Range, Oven-Gas, Microwave
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, WalkInCloset, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Inside, On Upper Level
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Microwave
  • Price Per S Q F T: 1159.03

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4173-021-034
  • Lot Size Area: 4643

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 22, 2021
Sold by
Caistaff Solutions Inc
Bought by
Roberts Brian R and Lariu Laura G
Seller's Agent
Joel Martinez
Corcoran Global Living
Buyer's Agent
Rachel Ezra
List Price
$3,995,000
Sold Price
$3,625,000
Premium/Discount to List
-$370,000
-9.26%
Current Estimated Value
$4,588,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,835
Avg. Annual Appreciation
5.62%
Original Mortgage
$2,900,000
Outstanding Balance
$2,670,606
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,777,258

Purchase Details

Closed on
Jun 23, 2020
Sold by
Lometti Bruno Peter and Davenport Gene
Bought by
Calstaff Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jun 1, 2017
Sold by
Dixon Jerre and Kerley Sarah L
Bought by
Calstaff Solutions Inc
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
Munish Ghai
No Firm Affiliation
List Price
$1,425,000
Sold Price
$1,750,000
Premium/Discount to List
$325,000
22.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$1,400,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Johnston Philippa Lucille and Philippa Lucille Johnston Trus
Bought by
Johnston Philippa Lucille

Purchase Details

Closed on
Mar 22, 2006
Sold by
Johnston Philippa Lucille
Bought by
The Philippa Lucille Johnston 2006 Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roberts Brian R $3,625,000 First Amer Ttl Co Glendale
Calstaff Solutions Inc -- Lawyers Title
Davenport Gene -- Lawyers Title
Calstaff Solutions Inc $1,750,000 Ticor Title
Johnston Philippa Lucille -- None Available
The Philippa Lucille Johnston 2006 Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Brian R $2,900,000
Previous Owner Calstaff Solutions Inc $2,600,000
Previous Owner Caistaff Solutions Inc $160,000
Previous Owner Calstaff Solutions Inc $2,050,000
Previous Owner Calstaff Solutions Inc $1,400,000
Previous Owner Johnston Philippa Lucille $500,000
Previous Owner Kerley Sarah L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $3,625,000 -1.9% $1,137 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $3,695,000 -2.6% $1,159 / Sq Ft
10/13/2021 10/13/21 Price Changed $3,795,000 -5.0% $1,190 / Sq Ft
09/23/2021 09/23/21 For Sale $3,995,000 +128.3% $1,253 / Sq Ft
06/19/2017 06/19/17 Sold $1,750,000 +22.8% $1,966 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $1,425,000 0.0% $1,601 / Sq Ft
06/04/2015 06/04/15 Rented $3,900 +4.0% --
06/04/2015 06/04/15 For Rent $3,750 +7.1% --
06/01/2013 06/01/13 Rented $3,500 0.0% --
05/30/2013 05/30/13 Under Contract -- -- --
04/15/2013 04/15/13 For Rent $3,500 -- --
Source: The MLS

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 $42,907 $3,846,878 $2,825,466 $1,021,412
2024 $42,907 $3,771,450 $2,770,065 $1,001,385
2023 $41,799 $3,697,500 $2,715,750 $981,750
2022 $41,073 $3,625,000 $2,662,500 $962,500
2021 $33,722 $2,962,693 $1,876,353 $1,086,340
2020 $21,229 $1,857,114 $1,857,114 $0
2019 $20,902 $1,820,700 $1,456,560 $364,140
2018 $20,472 $1,785,000 $1,428,000 $357,000
2016 $10,678 $951,923 $872,327 $79,596
2015 $10,458 $937,625 $859,224 $78,401
2014 $10,317 $919,259 $842,393 $76,866
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-784274

The MLS

APN: 4173-021-034