NOT LISTED FOR SALE

Estimated Value: $8,049,228 - $9,104,000

5 Beds
4.5 Baths
4,300 Sq Ft
$1,996/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $5,500,000 $1,279 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $50,611/month

42 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Dual Staircase
  • Opal Robinson Elementary School Rated A
  • Updated Kitchen
  • Cape Cod Architecture

About This Home

As of October 2017

Unparalleled opportunities to experience all that Manhattan Beach has to offer from this elegant custom built home, located on undoubtedly one of the best flat walk streets in all of Manhattan Beach. The homes dramatic architectural presence has Cape Cod influences coupled with a timeless traditional feel. This home features quality craftsmanship and design with stunning attention to detail, intricate woodwork, high vaulted ceilings, crown molding and custom built-ins throughout. The home is centered around a gourmet chefs kitchen with top-of-the line-appliances and large eat-in island. Enjoy four separate living room areas, a lovely private in-laws quarters, and spacious rooftop patio. Located in the award winning Manhattan Beach School district, yet only minutes to the beach and downtown. Manhattan Beach flat walk street living…..It’s a lifestyle you will love for eternity.

Last Agent to Sell the Property

Nicholas Schneider

Compass License #01867363 Listed on: 09/08/2017

Compass

Last Buyer's Agent

Nicholas Schneider

Compass License #01867363 Listed on: 09/08/2017

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2,693 Sq Ft Lot
  • Property is zoned MNRS

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • French Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Storage
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rooftop Access

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 4795
  • Assessor Parcel Number 4180003037

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Cape Cod, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4180003037
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4300.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Home Automation System, Recessed Lighting, Storage, Sunken Living Room, Two Story Ceilings, Wainscoting, Wet Bar, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 400.00
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Retreat
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1279.07
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Foyer, Laundry, Living Room, Master Suite, Media Room, Retreat, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Enclosed, Patio, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage Faces Rear, Private
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Freezer, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2693.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6209.04
  • Tax Lot: 32
  • Tax Tract Number: 4795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 21, 2017
Sold by
Rowland Duncan S
Bought by
332 7Th Street Llc
Seller's Agent
Nicholas Schneider
Compass
Buyer's Agent
Nicholas Schneider
Compass
List Price
$6,000,000
Sold Price
$5,500,000
Premium/Discount to List
-$500,000
-8.33%
Current Estimated Value
$8,581,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,081,307
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Wedbush Gary
Bought by
Rowland Duncan S and Rowland Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Tyler Timothy Tr Timothy Tyler Trust
Bought by
Wedbush Gary and Wedbush Kelly Brady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.12%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Tyler Timothy
Bought by
Tyler Timothy

Purchase Details

Closed on
Feb 17, 1994
Sold by
Tyler Timothy
Bought by
Tyler Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
332 7Th Street Llc $5,500,000 Lawyers Title Company
Rowland Duncan S $840,000 Continental Title
Wedbush Gary $680,000 Southland Title Corporation
Tyler Timothy -- --
Tyler Timothy -- --
Tyler Timothy -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rowland Duncan S $1,100,000
Previous Owner Wedbush Gary $480,000
Previous Owner Tyler Timothy $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $5,500,000 -8.3% $1,279 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $6,000,000 -- $1,395 / 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 $69,410 $6,258,120 $3,641,052 $2,617,068
2024 $69,410 $6,135,412 $3,569,659 $2,565,753
2023 $67,654 $6,015,111 $3,499,666 $2,515,445
2022 $66,473 $5,897,169 $3,431,046 $2,466,123
2021 $65,199 $5,781,539 $3,363,771 $2,417,768
2019 $63,430 $5,610,056 $3,264,000 $2,346,056
2018 $62,212 $5,500,055 $3,200,000 $2,300,055
2016 $20,495 $1,836,916 $1,069,230 $767,686
2015 $20,072 $1,809,325 $1,053,170 $756,155
2014 $19,790 $1,773,883 $1,032,540 $741,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17208531

California Regional Multiple Listing Service (CRMLS)

APN: 4180-003-037