NOT LISTED FOR SALE

3218 Morningside Dr Hermosa Beach, CA 90254

Estimated Value: $5,064,000 - $5,629,000

5 Beds
4.5 Baths
3,756 Sq Ft
$1,432/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $4,350,000 $1,158 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $32,157/month

3 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Deck
  • Hermosa Valley Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of December 2022

LOCAL LUXURY!

BE A PART OF THE NORTH HERMOSA BEACH COMMUNITY IN THIS MODERN
MASTERPIECE LOCATED ON A SUNNY SOUTHWEST FACING CORNER LOT
TWO BLOCKS TO THE BEACH. THE IMPRESSIVE ENTRY SETS THE TONE FOR
THIS UNIQUELY DESIGNED HOME WITH A FLOOR TO CEILING STACKED STONE
WALL AND OPEN SPACE SENDING LIGHT AND AIR THROUGHOUT THE ENTIRE
STRUCTURE. THE SCULPTURAL STAIRCASE CARRIES YOU TO TWO SEPARATE
BEDROOM WINGS. THE LOWER-LEVEL WING CONSISTS OF TWO ENSUITE BEDROOMS
EACH WITH GLASS DOORS TO THE PRIVATE PATIO.THE MID-LEVEL WING
CONSISTS OF TWO BEDROOMS AND SHARED BATH PROVIDING A PLETHORA OF
VERSATILITY OF USE. THE VERY PRIVATE PRIMARY SUITE FEATURES A SITTING
AREA, DUAL WALK-IN CLOSETS AND AN OCEAN VIEW PEEK BALCONY AND SPA
STYLED BATH WITH DUAL VANITIES, FREE STANDING SAKING TUB AND AN OVER
SIZE GLASS SHOWER.THE TOP FLOOR IS A WONDER OF ILLUMINATED LIVING
SPACE OPENING THRUGH FOLDING FLEETWOOD GLASS DOORS TO A SPACIOUS
OCEAN VIEW SUNDECK COMPLETE WITH FIREPLACE FOR ENJOYING BOTH SUNNY
DAYS AND CHILLY NIGHTS.THE PIECE DE RESISTANCE IS THE CHEF APPROVED
KITCHEN OUTFITTED WITH WOLF AND SUB-ZERO APPLIANCES, TWO DISHWASHERS,
A MIELE ESPRESSO MAKER AND A CENTER ISLAND CAPABLE OF ACCOMMODATING
YOU AND YOUR SOUS CHEF. ENJOY BREAKFAST AT THE BAR OR IN THE COZY BREAKFAST ROOM
WHICH OPENS TO A BALCONY PERFECT FOR OUTDOOR GRILLING.
AMENITIES INCLUDE DUAL CENTRAL AIR AND HEATING, ELECTRIC SHADES, HIGH
CEILINGS AND LOW MAINTENANCE. FOR THOSE LOOKING FOR WALKABILITY YOU
ARE POSITIONED PERFECTLY BETWEEN THE HERMOSA AND MANHATTAN BEACH
PIERS ENCOURAGING, DINNING AND SHOPPING AS WELL AS A MULTITUDE OF BEACH
SPORTS AND ACTIVITIES.
THIS HOME PROVIDES YOU WITH A QUALITY HOME AND A QUALITY LIFESTYLE!

Last Agent to Sell the Property

Kurt Allen

Compass License #01005087 Listed on: 11/08/2022

Compass

Co-Listed By

Judy D'Angelo

Compass License #00547116

Last Buyer's Agent

Jesse Dougherty

Compass License #01949609

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 2,463 Sq Ft Lot
  • Corner Lot
  • Property is zoned HBR2*

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 3,756 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Fireplace
  • Entryway
  • Living Room
  • Ocean Views
  • Sump Pump
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 123
  • Assessor Parcel Number 4181011004
  • $690 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: HBR2*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4181011004
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3756.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Open Floorplan, Sump Pump, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook
  • Fireplace Features: Outside
  • Levels: Multi/Split
  • Price Per Square Foot: 1158.15
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2463.00
  • Lot Size Acres: 0.0565

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2463.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 123
  • Tax Census Tract: 6210.05
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 690.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Nov 8, 2022
Sold by
Estrin Kari
Bought by
Kari Estrin Family Trust and Estrin
Seller's Agent
Kurt Allen
Compass
Buyer's Agent
Jesse Dougherty
Compass
List Price
$4,350,000
Sold Price
$4,350,000
Views
7
Current Estimated Value
$5,378,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,132
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 28, 2018
Sold by
J W Powers Construction Inc
Bought by
Mcelrath Ryan and Mcelrath Tobie
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
List Price
$3,999,000
Sold Price
$3,875,000
Premium/Discount to List
-$124,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$2,906,250
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2015
Sold by
Watson Brothers Properties Llc
Bought by
Jw Powers Construction Inc

Purchase Details

Closed on
Sep 18, 2008
Sold by
Watson Clarence L and Watson Clifford K
Bought by
Watson Brothers Properties Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Watson Clarence L and Watson Clifford K
Bought by
Watson Clarence L and Watson Clifford K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kari Estrin Family Trust -- None Listed On Document
Mcelrath Ryan $3,875,000 Usa National Title
Jw Powers Construction Inc $1,675,000 Ticor Title Company
Watson Brothers Properties Llc -- None Available
Watson Clarence L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelrath Ryan $2,906,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2022 12/16/22 Sold $4,350,000 0.0% $1,158 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $4,350,000 +4.2% $1,158 / Sq Ft
06/17/2021 06/17/21 Sold $4,175,000 -2.9% $1,112 / Sq Ft View Prior Sale
05/16/2021 05/16/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $4,299,000 +10.9% $1,145 / Sq Ft
04/25/2018 04/25/18 Sold $3,875,000 -1.9% $1,072 / Sq Ft View Prior Sale
03/03/2018 03/03/18 Price Changed $3,949,000 -1.3% $1,092 / Sq Ft
11/09/2017 11/09/17 For Sale $3,999,000 -- $1,106 / 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 $47,744 $4,525,739 $1,842,028 $2,683,711
2024 $47,744 $4,437,000 $1,805,910 $2,631,090
2023 $46,750 $4,350,000 $1,770,500 $2,579,500
2022 $45,848 $4,258,500 $1,851,606 $2,406,894
2021 $43,852 $4,073,316 $2,102,357 $1,970,959
2020 $43,599 $4,031,770 $2,080,800 $1,950,970
2019 $42,717 $3,952,720 $2,040,000 $1,912,720
2018 $25,253 $2,351,524 $2,351,304 $220
2016 $24,028 $2,260,000 $2,000,000 $260,000
2015 $2,553 $205,839 $142,530 $63,309
2014 $2,454 $201,808 $139,739 $62,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22237122

California Regional Multiple Listing Service (CRMLS)

APN: 4181-011-004