NOT LISTED FOR SALE

2921 Laurel Ave Manhattan Beach, CA 90266

Estimated Value: $7,025,000 - $9,622,205

6 Beds
7.5 Baths
5,910 Sq Ft
$1,396/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $5,620,000 $951 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $49,099/month

137 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Grand View Elementary School Rated A
  • Newly Remodeled
  • Panoramic View

About This Home

As of April 2019

This is a must see! This magnificent, new beach plantation home has 6 bedrooms, 7.5 baths, an office, living room, formal dining room, 3-stop elevator, & 4-car garage. Approx. 5,967 sq. ft. of living space that sits on an oversized corner lot of approximately 6,489 square feet. The huge family room has European white oak floor, marble fireplace, & La Cantina 5-bifold doors opening to a large stone patio with ceiling heaters & 60 ft. wide backyard. The large gourmet kitchen has a substantial Calacatta marble center island with bar seating, marble countertops, Thermador appliances, 6-burner + griddle cooktop, soft closing drawers + cabinet doors, farmhouse sink, microwave drawer, breakfast nook, and walk-in pantry. The big basement has a bedroom, bathroom, media/family room, full bar, wine cellar, mud room, laundry room, and storage room. The cozy living room has wainscoting, marble fireplace, and sliding glass doors opening to wrap around stone balcony. The large formal dining room has white oak floor and wainscoting. The master suite has a marble fireplace, white oak floor, large walk-in closet with built-ins, and balcony with a view. The master bathroom has separate soaking tub & shower with 3 shower heads.

Last Agent to Sell the Property

Robert Lane

Vista Sotheby’s International Realty License #00768020 Listed on: 10/18/2018

Vista Sotheby’s International Realty

Last Buyer's Agent

Matt Waxman

Ossia Real Estate License #01290178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,764

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,489 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Woods
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 5,910 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Bar
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Stone Porch or Patio
  • Lanai
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 11
  • Tax Tract Number 1638
  • Assessor Parcel Number 4174013022

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,764

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4174013022
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5910.00 Square Feet
  • Interior Amenities: Balcony, Bar, Ceiling Fan(s), Copper Plumbing Full, Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Vacuum Central, Wainscoting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 950.93
  • Room Type: Basement, Entry, Family Room, Formal Entry, Foyer, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Casement Windows, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood, Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition, Stucco Wall, Wood
  • Patio And Porch Features: Deck, Lanai, Patio, Stone, Tile
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Door Opener, Private, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Treed Lot, Yard
  • Lot Size Sq Ft: 6489.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6489.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 6203.01
  • Tax Lot: 11
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Mar 6, 2019
Sold by
Laurel Investment 2921 Llc
Bought by
Smith Norman L and The Sic Trust
Seller's Agent
Robert Lane
Vista Sotheby’s International Realty
Buyer's Agent
Matt Waxman
Ossia Real Estate
List Price
$5,995,000
Sold Price
$5,620,000
Premium/Discount to List
-$375,000
-6.26%
Current Estimated Value
$8,253,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,633,301
Avg. Annual Appreciation
6.01%

Purchase Details

Listed on
Apr 18, 2016
Closed on
Aug 4, 2016
Sold by
Catella James A and Catella Gina Marie
Bought by
Laurel Investment 2921 Llc
Seller's Agent
Bob Teer
Vista Sotheby’s International Realty
Buyer's Agent
Robert Lane
Vista Sotheby’s International Realty
List Price
$2,449,000
Sold Price
$1,852,500
Premium/Discount to List
-$596,500
-24.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.74%

Purchase Details

Closed on
May 1, 2013
Sold by
Catella Jean F and The Catella Family Trust
Bought by
Catella Jean F and The Catella Family Trust
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
Smith Norman L $5,620,000 Usa National Title Company
Laurel Investment 2921 Llc $1,852,500 Usa National Title Company
Catella Jean F -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2019 04/02/19 Sold $5,620,000 -6.3% $951 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $5,995,000 +6.7% $1,014 / Sq Ft
12/19/2018 12/19/18 Off Market $5,620,000 -- --
11/27/2018 11/27/18 Price Changed $5,995,000 -7.7% $1,014 / Sq Ft
10/18/2018 10/18/18 For Sale $6,495,000 +250.6% $1,099 / Sq Ft
08/18/2016 08/18/16 Sold $1,852,500 -11.7% $963 / Sq Ft View Prior Sale
07/30/2016 07/30/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $2,099,000 0.0% $1,091 / Sq Ft
06/20/2016 06/20/16 Price Changed $2,100,000 -4.5% $1,091 / Sq Ft
06/07/2016 06/07/16 Price Changed $2,200,000 -4.3% $1,143 / Sq Ft
05/23/2016 05/23/16 Price Changed $2,300,000 -6.1% $1,195 / Sq Ft
04/18/2016 04/18/16 For Sale $2,449,000 -- $1,273 / 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 $69,764 $6,269,212 $3,229,426 $3,039,786
2024 $69,764 $6,146,287 $3,166,104 $2,980,183
2023 $67,976 $6,025,773 $3,104,024 $2,921,749
2022 $66,789 $5,907,621 $3,043,161 $2,864,460
2021 $65,494 $5,791,787 $2,983,492 $2,808,295
2019 $24,304 $2,127,261 $1,927,341 $199,920
2018 $21,709 $1,889,550 $1,889,550 $0
2016 $1,469 $112,413 $71,638 $40,775
2015 $1,442 $110,725 $70,562 $40,163
2014 $1,435 $108,557 $69,180 $39,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18252723

California Regional Multiple Listing Service (CRMLS)

APN: 4174-013-022