NOT LISTED FOR SALE

2640 Hermosa Ave Unit 5 Hermosa Beach, CA 90254

Estimated Value: $868,000 - $1,594,000

2 Beds
2 Baths
844 Sq Ft
$398/mo HOA Fee

Last Sold November 30, 2016

Last sale price $805,000 $954 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,076/month

30 Days on Market

Highlights

  • Peek-A-Boo Views
  • Granite Countertops
  • Built-In Features
  • Hermosa Valley Elementary School Rated A
  • Balcony
  • Walk-In Closet

About This Home

As of November 2016

It's all about LOCATION! This condo offers all you need to live the beach lifestyle. Walk, cycle or jog to shops, beach and restaurants! Remodeled kitchen and bathrooms. Master bedroom with walk-in closet. Hardwood floors throughout great room and bedrooms. This particular unit has a private, sparkling clean, attached one car garage that can easily be used as a "man cave". A must see! It's gorgeous inside.

Last Agent to Sell the Property

Connie Donohue

eXp Realty of California Inc License #01305854 Listed on: 09/15/2016

eXp Realty of California Inc

Co-Listed By

Denise Anello

Beach City Brokers License #01910512

Last Buyer's Agent

Robyn Biener

Vista Sotheby’s International Realty License #00775787

Vista Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,056

Year Built

  • Built in 1972

Lot Details

  • 1 Common Wall
  • Density is 6-10 Units/Acre

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 844 Sq Ft Home
  • Built-In Features
  • Peek-A-Boo Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 4340
  • Tax Tract Number 31943
  • Assessor Parcel Number 4181025026

Community Details

Overview

  • Master Insurance

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,056

Year Built

Built in 1972

Lot Details

0

HOA Fees

$398 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: HBC1*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4181025026
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 844.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Granite Counters
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 953.79
  • Room Type: Master Bedroom, Walk-In Closet

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Trash, Water, Dues Paid Monthly
  • Association Fee: 398.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 4312.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6210.04
  • Tax Lot: 4340
  • Tax Tract Number: 31943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Oct 20, 2016
Sold by
Estate Of Justin Warfield
Bought by
Biener Mori and Biener Robyn H
Seller's Agent
Connie Donohue
eXp Realty of California Inc
Buyer's Agent
Robyn Biener
Vista Sotheby’s International Realty
List Price
$830,000
Sold Price
$805,000
Premium/Discount to List
-$25,000
-3.01%
Current Estimated Value
$1,257,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,743
Avg. Annual Appreciation
4.85%
Original Mortgage
$563,500
Outstanding Balance
$455,016
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$763,012

Purchase Details

Closed on
Jul 29, 2011
Sold by
Strategic Fund 73 Llc
Bought by
Warfield Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2010
Sold by
Sallee Jeffrey S
Bought by
Strategic Fund 73 Llc

Purchase Details

Closed on
Jan 19, 1999
Sold by
Repola Patrick J
Bought by
Sallee Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.5%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Repola Patrick J
Bought by
Repola Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.79%
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
Biener Mori $805,000 North American Title Company
Warfield Justin $520,000 Chicago Title
Strategic Fund 73 Llc $420,000 None Available
Sallee Jeffrey S $265,000 Fidelity National Title Co
Repola Patrick J -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biener Mori $563,500
Previous Owner Warfield Justin $411,000
Previous Owner Warfield Justin $416,000
Previous Owner Sallee Jeffrey S $175,000
Previous Owner Sallee Jeffrey S $125,000
Previous Owner Sallee Jeffrey S $395,000
Previous Owner Sallee Jeffrey S $130,000
Previous Owner Sallee Jeffrey S $115,000
Previous Owner Sallee Jeffrey S $268,000
Previous Owner Sallee Jeffrey S $115,000
Previous Owner Sallee Jeffrey S $212,000
Previous Owner Repola Patrick J $113,000
Closed Sallee Jeffrey S $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $805,000 +1.3% $954 / Sq Ft
10/06/2016 10/06/16 Price Changed $795,000 -4.2% $942 / Sq Ft
09/16/2016 09/16/16 For Sale $830,000 -- $983 / 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 $10,056 $934,263 $284,339 $649,924
2024 $10,056 $915,945 $278,764 $637,181
2023 $9,852 $897,987 $273,299 $624,688
2022 $9,675 $880,381 $267,941 $612,440
2021 $9,528 $863,120 $262,688 $600,432
2019 $9,278 $837,522 $254,898 $582,624
2018 $8,983 $821,100 $249,900 $571,200
2016 $6,073 $551,738 $423,460 $128,278
2015 $5,958 $543,452 $417,100 $126,352
2014 $5,736 $532,807 $408,930 $123,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16700260

California Regional Multiple Listing Service (CRMLS)

APN: 4181-025-026