NOT LISTED FOR SALE

Estimated Value: $2,259,234 - $3,213,000

3 Beds
2 Baths
1,224 Sq Ft
$2,263/Sq Ft Est. Value

Last Sold December 06, 2012

Last sale price $1,260,000 $1,029 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $15,987/month

8 Days on Market

Highlights

  • Ocean View
  • Laundry Room
  • Back Yard
  • Grand View Elementary School Rated A

About This Home

As of December 2012

Steps to the sand, popular north Manhattan Beach restaurants, shops, award winning schools and easy freeway access. Move right in and enjoy ocean views off the family room patio deck. Downstairs bedroom and bath and kitchen currently used as a duplex with separate entrance instead of sfr.Upstairs beautiful hard wood floors, living room skylights offers a light inviting beach feel. Solar tubes in bath in upper bath give a natural light, new copper plumbing, tankless hot water heater. Private backyard area. No need to worry about beach parking with a 2 car garage and driveway for additional cars. A North End Gem and a Sand Section Best Value.

Last Agent to Sell the Property

Serene Sulpor

Strand Hill Properties License #00792111 Listed on: 10/29/2012

Last Buyer's Agent

Fred Zuelich

eXp Realty of California Inc License #00669414

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,531

Year Built

  • Built in 1964

Lot Details

  • 1,350 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,224 Sq Ft Home
  • Ocean Views
  • Built-In Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3427
  • Assessor Parcel Number 4175019004

Community Details

Overview

  • 2 Units

Building Details

  • New Taxes Expense $15,900
  • Gross Income $1,600
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,531

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 4175019004
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 1029.41

Exterior Features

  • View: Ocean

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Built-In Range
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 1350.00
  • Lot Size Acres: 0.0310

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Lot Size Area: 1350.0000 Square Feet
  • Net Operating Income: 19200.00
  • Number Of Units Total: 2
  • Operating Expense: 100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 15900.00
  • Tax Lot: 3
  • Tax Tract Number: 3427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 4, 2012
Sold by
Tran Cuc and Adams Laura
Bought by
Tran Cuc T and Adams Laura V
Seller's Agent
Serene Sulpor
Strand Hill Properties
Buyer's Agent
Fred Zuelich
eXp Realty of California Inc
List Price
$1,279,000
Sold Price
$1,260,000
Premium/Discount to List
-$19,000
-1.49%
Current Estimated Value
$2,769,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509,809
Avg. Annual Appreciation
6.30%
Original Mortgage
$625,500
Outstanding Balance
$431,618
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$2,338,191

Purchase Details

Listed on
Oct 29, 2012
Closed on
Nov 20, 2012
Sold by
Siracusa Dean and Siracusa Dean
Bought by
Tran Cuc and Adams Laura
Seller's Agent
Serene Sulpor
Strand Hill Properties
Buyer's Agent
Fred Zuelich
eXp Realty of California Inc
List Price
$1,279,000
Sold Price
$1,260,000
Premium/Discount to List
-$19,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Outstanding Balance
$431,618
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$2,338,191

Purchase Details

Listed on
Oct 29, 2012
Closed on
Nov 6, 2012
Sold by
Siracusa Shelley D
Bought by
Siracusa Dean
Seller's Agent
Serene Sulpor
Strand Hill Properties
Buyer's Agent
Fred Zuelich
eXp Realty of California Inc
List Price
$1,279,000
Sold Price
$1,260,000
Premium/Discount to List
-$19,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Outstanding Balance
$431,618
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$2,338,191

Purchase Details

Closed on
Aug 5, 2004
Sold by
Siracusa Dean and Siracusa Dean William
Bought by
Siracusa Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 1996
Sold by
Rigas Tasso and Rigas Carmilina Maria
Bought by
Siracusa Dean William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.25%
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
Tran Cuc T -- Accommodation
Tran Cuc $1,260,000 None Available
Siracusa Dean -- None Available
Siracusa Dean -- Lawyers Title Company
Siracusa Dean William $360,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Cuc $625,500
Previous Owner Siracusa Dean $75,000
Previous Owner Siracusa Dean William $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2012 12/06/12 Sold $1,260,000 0.0% $1,029 / Sq Ft
12/05/2012 12/05/12 Sold $1,260,000 -1.5% $1,029 / Sq Ft View Prior Sale
10/26/2012 10/26/12 Pending -- -- --
10/26/2012 10/26/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $1,279,000 0.0% $1,045 / Sq Ft
09/23/2012 09/23/12 For Sale $1,279,000 -- $1,045 / 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 $17,531 $1,551,587 $1,241,274 $310,313
2024 $17,531 $1,521,165 $1,216,936 $304,229
2023 $17,080 $1,491,339 $1,193,075 $298,264
2022 $16,788 $1,462,098 $1,169,682 $292,416
2021 $16,521 $1,433,431 $1,146,748 $286,683
2019 $16,080 $1,390,917 $1,112,736 $278,181
2018 $15,763 $1,363,645 $1,090,918 $272,727
2016 $14,603 $1,310,695 $1,048,557 $262,138
2015 $14,300 $1,291,008 $1,032,807 $258,201
2014 $14,101 $1,265,720 $1,012,576 $253,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12129592

California Regional Multiple Listing Service (CRMLS)

APN: 4175-019-004