NOT LISTED FOR SALE

3406 Palm Ave Manhattan Beach, CA 90266

Estimated Value: $4,107,000 - $5,348,000

4 Beds
3.5 Baths
3,580 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $4,195,000 $1,172 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $28,939/month

10 Days on Market

Highlights

  • In Ground Pool
  • Dual Staircase
  • Bonus Room
  • Pacific Elementary School Rated A
  • Fireplace in Primary Bedroom
  • High Ceiling

About This Home

As of June 2023

WELCOME TO THIS GRACIOUS AND SPACIOUS TREE SECTION HOME WITH
IMPRESSIVE CURB APPEAL SITTING HIGH ON AN OVERSIZED LOT.
THE DOUBLE DOOR ENTRY OPENING TO THE TOWERING TWO STORY FOYER
SETS THE STAGE FOR THINGS TO COME. THE CATHEDRAL CEILING LIVING ROOM
CREATES A WARM MELODIC TONE. THE FORMAL DINING ROOM SEATS TEN
ENCOURAGING LARGE DINNER PARTIES. THE HEART OF THE HOME IS THE
INCREDIBLE KITCHEN FEATURING THE NAMES WOLFE, BOSCH AND SUBZERO.
THE CENTER ISLAND CONTAINS A HAMMERED VEGETABLE SINK AND COUNTER
SEATING FOR FOUR. THE FABULOUS FAMILY ROOM PROVIDES INDOOR
ENTERTAINMENT SPACE WHICH FLOWS OUT TO THE PIECE D’ RESISTANCE
PRIVATE POOL AND SPA AREA FEATURING NUMEROUS AREAS TO COOK AND
CONVERSE AND DINE AL FRESCO. THE FIRST FLOOR ENSUITE GUEST ROOM
FEATURES SHADES OF PROVENCE. UPSTAIRS YOU WILL FIND THE MASSIVE
MASTER SUITE WITH VAULTED CEILING AND DUAL SIDED FIREPLACE. THE HIGH
CEILING CONTINUES INTO THE SPARKING WHITE SPA-LIKE BATH WITH CONNECTS
TO THE DREAM WALK-IN CLOSET WITH DRAWERS, SHELVES AND POLES….OH MY!
TWO ADDITIONAL SPACIOUS BEDROOMS SHARE A LARGE SECOND BATH WITH DUAL
SINKS. NOW FOR THE SURPRISE ENDING…. STAIRS FROM THE FOYER TAKE YOU TO
THE FINISHED BASEMENT WHICH FEATURES A WINE BAR WITH TWO 150 BOTTLE
SUBZERO WINE REFRIGERATORS AND A LARGE INVITING ROOM IN WHICH TO ENJOY
YOUR FAVORITE VINTAGE AND PERHAPS PLAY A GAME OF POOL. OF NOTE: THREE
FIREPLACES, WHITE OAK FLOORS, INDOOR/OUTDOOR SPEAKERS, POOLSIDE HEATERS,
TV AND BARBECUE, SECURITY SYSTEM INCLUDING CAMERAS, NUMEROUS WALK-IN
CLOSETS AND STORAGE, STORAGE, STORAGE! THIS HOME IS THE PLACE AND THE
SPACE FOR YOU AND YOUR LOVED ONES TO ENJOY HAPPY TIMES AND CREATE
HAPPY MEMORIES!

Last Agent to Sell the Property

Kurt Allen

Compass License #01005087 Listed on: 04/20/2023

Compass

Co-Listed By

Judy D'Angelo

Compass License #00547116

Last Buyer's Agent

PJ Murphy

Compass License #01171085

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,920

Year Built

  • Built in 1988

Lot Details

  • 6,177 Sq Ft Lot
  • Landscaped
  • Property is zoned MNRS

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,580 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage
  • Laundry Room
  • Neighborhood Views
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 15
  • Tax Tract Number 1638
  • Assessor Parcel Number 4173014002

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,920

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4173014002
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3580.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Built-in Features, High Ceilings, Pantry, Recessed Lighting, Storage, Wet Bar, Wired for Sound
  • Stories: 3
  • Entry Location: FIRST FLOOR
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1171.79
  • Room Type: Basement, Bonus Room, Entry, Family Room, Living Room, Walk-In Closet
  • Spa Features: In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Utility Sink
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6177.00
  • Lot Size Acres: 0.1418

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6177.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 6203.01
  • Tax Lot: 2
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 4, 2023
Sold by
Murphy John and Murphy Sandra
Bought by
3406 Palm Ave Llc
Seller's Agent
Kurt Allen
Compass
Buyer's Agent
PJ Murphy
Compass
List Price
$4,195,000
Sold Price
$4,195,000
Views
91
Current Estimated Value
$4,626,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,703
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Apr 4, 2007
Sold by
Cormack David A
Bought by
Murphy John and Murphy Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2000
Sold by
Lebbin Michael
Bought by
Cormack David A and Cormack Michelle Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,500
Interest Rate
8.25%

Purchase Details

Closed on
Jul 27, 1999
Sold by
Lebbin Michael
Bought by
Lebbin Michael and Lebbin Jane

Purchase Details

Closed on
Apr 17, 1995
Sold by
Marcus Morton Wayne
Bought by
Lebbin Michael and Lebbin Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,800
Interest Rate
7.37%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Marcus Morton Wayne
Bought by
Marcus Morton Wayne and Klein Deborah Lynne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
3406 Palm Ave Llc $4,195,000 Usa National Title
Murphy John $2,099,000 Lawyers Title Company
Cormack David A $1,022,000 Southland Title Corporation
Lebbin Michael -- --
Lebbin Michael $718,500 Southland Title
Marcus Morton Wayne -- --
Marcus Morton Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy John $1,250,000
Previous Owner Cormack David A $766,500
Previous Owner Lebbin Michael $574,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $4,195,000 0.0% $1,172 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $4,195,000 -- $1,172 / 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 $52,920 $4,364,477 $3,491,582 $872,895
2024 $52,920 $4,278,900 $3,423,120 $855,780
2023 $30,722 $2,703,004 $2,162,409 $540,595
2022 $30,189 $2,650,005 $2,120,009 $529,996
2021 $29,643 $2,598,045 $2,078,441 $519,604
2019 $28,844 $2,520,989 $2,016,795 $504,194
2018 $28,224 $2,471,558 $1,977,250 $494,308
2016 $26,292 $2,375,586 $1,900,472 $475,114
2015 $25,496 $2,317,000 $1,853,100 $463,900
2014 $24,264 $2,192,000 $1,753,100 $438,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23066039

California Regional Multiple Listing Service (CRMLS)

APN: 4173-014-002