NOT LISTED FOR SALE

322 11th St Hermosa Beach, CA 90254

Estimated Value: $3,085,000 - $3,924,000

2 Beds
1 Bath
805 Sq Ft
$4,229/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $1,375,000 $1,708 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $20,625/month

100 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Fireplace
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Cooling Available

About This Home

As of November 2016

Vintage beach cottage located on a corner lot. Great future development site. The existing residence is cute with potential to update and live in or rent out now and develop at a later date. Nice yard and deck areas. Do not disturb occupant or enter the property without and appointment.. More info and photos to follow

Last Agent to Sell the Property

Jon Coleman

Beach City Brokers License #00808758 Listed on: 06/14/2016

Beach City Brokers

Last Buyer's Agent

Anthony Accardo

Compass License #01863340

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,609

Year Built

  • Built in 1951

Lot Details

  • 1,671 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage
  • 2 Carport Spaces

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 805 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Suburban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 4187012027

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,609

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4187012027
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 805.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 1708.07
  • Room Type: All Bedrooms Up

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1671.00
  • Price Per Lot Square Foot: 894.67

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: hiss

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Oct 20, 2016
Sold by
Longo Salvatore and Kahlo Deborah Agnes
Bought by
Frausto Robert James Preston and Rjphb311 Trust
Seller's Agent
Jon Coleman
Beach City Brokers
Buyer's Agent
Anthony Accardo
Compass
List Price
$1,495,000
Sold Price
$1,375,000
Premium/Discount to List
-$120,000
-8.03%
Current Estimated Value
$3,404,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,029,671
Avg. Annual Appreciation
10.98%
Original Mortgage
$1,100,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1995
Sold by
Kahlo Jack D and Kahlo Marjorie A
Bought by
Longo Salvatore and Kahlo Deborah Agnes

Purchase Details

Closed on
Jun 20, 1994
Sold by
Kahlo Jack D and Kahlo Marjorie A
Bought by
Kahlo Jack D and Kahlo Marjorie A
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
Frausto Robert James Preston $1,375,000 Provident Title Company
Longo Salvatore -- Fidelity National Title Ins
Kahlo Jack D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Robert James $2,500,000
Closed Frausto Robert James Preston $1,100,000
Previous Owner Longo Salvatore $150,000
Previous Owner Longo Salvatore $254,000
Previous Owner Longo Salvatore $50,000
Previous Owner Longo Salvatore $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $1,375,000 -8.0% $1,708 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $1,495,000 -- $1,857 / 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 $26,609 $2,509,501 $1,595,803 $913,698
2024 $26,609 $2,460,296 $1,564,513 $895,783
2023 $26,058 $2,412,056 $1,533,837 $878,219
2022 $19,639 $1,820,151 $1,503,762 $316,389
2021 $21,187 $1,474,276 $1,179,421 $294,855
2019 $15,654 $1,430,550 $1,144,440 $286,110
2018 $15,210 $1,402,500 $1,122,000 $280,500
2016 $3,709 $261,416 $207,341 $54,075
2015 $3,678 $257,490 $204,227 $53,263
2014 $3,515 $252,447 $200,227 $52,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16128613

California Regional Multiple Listing Service (CRMLS)

APN: 4187-012-027