NOT LISTED FOR SALE

3412 Palm Ave Manhattan Beach, CA 90266

Estimated Value: $6,924,000 - $7,536,293

2 Beds
1 Bath
1,163 Sq Ft
$6,148/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $1,720,000 $1,479 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $43,717/month

103 Days on Market

Highlights

  • Wine Cellar
  • City Lights View
  • Property is near public transit
  • Pacific Elementary School Rated A
  • Midcentury Modern Architecture
  • Main Floor Bedroom

About This Home

As of August 2018

MAJOR PRICE REDUCTION!!!Exciting oversized, elevated 6,154 sq.ft. tree section corner property. Versatile 50 x 116 lot. This is your chance to take advantage of building your dream home! Perched on the crest of the block, you can see the horizon looking towards the ocean. The present structure, built in 1952 is a very private 2 bed/1bath bungalow with an updated kitchen. The location is near shops, restaurants, easy freeway access, and most importantly, the beach! Endless possibilities and a fabulous opportunity awaits you!

Last Agent to Sell the Property

Heidi Brown

Coldwell Banker Realty License #01846073 Listed on: 03/23/2018

Coldwell Banker Realty

Last Buyer's Agent

John J. Covas

Keller Williams South Bay License #00931812

Keller Williams South Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,679

Year Built

  • Built in 1952

Lot Details

  • 6,154 Sq Ft Lot
  • Lot Dimensions are 50 x 116
  • Corner Lot
  • Rectangular Lot
  • Front Yard
  • Property is zoned MNRS

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Brick Driveway
  • Driveway Up Slope From Street

Property Views

  • City Lights
  • Woods
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Bungalow
  • Slab Foundation

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Wine Cellar
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Mira Costa High School

Additional Features

  • Exterior Lighting
  • Property is near public transit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 15
  • Tax Tract Number 1638
  • Assessor Parcel Number 4173014001

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,679

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Bungalow, Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4173014001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1163.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1478.93
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Wine Cellar
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Slab
  • View: City Lights, Neighborhood, Trees/Woods
  • Pool Private: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Brick, Driveway Up Slope From Street, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Manhattan Unified
  • High School: Mira Costa
  • High School: Mira Costa
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Rectangular Lot, Near Public Transit
  • Lot Size: 50 x 116
  • Lot Size Sq Ft: 6154.00

Multi Family

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

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 6203.01
  • Tax Lot: 1
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Green Daniel R
Bought by
Greenranger Of California Llc
Current Estimated Value
$7,150,323

Purchase Details

Closed on
Apr 26, 2021
Sold by
3412 Palm Ave Manhattan Beach Llc
Bought by
Green Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,760,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jul 13, 2018
Sold by
Johnson Bruce
Bought by
3412 Palm Ave Manhattan Beach Llc
Seller's Agent
Heidi Brown
Coldwell Banker Realty
Buyer's Agent
John J. Covas
Keller Williams South Bay
List Price
$2,049,000
Sold Price
$1,720,000
Premium/Discount to List
-$329,000
-16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.92%
Original Mortgage
$1,721,252
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Greenranger Of California Llc -- None Listed On Document
Green Daniel B $5,950,000 Progressive Title
3412 Palm Ave Manhattan Beach Llc $1,720,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Daniel B $4,760,000
Previous Owner 3412 Palm Ave Manhattan Beach Llc $1,721,252
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $1,720,000 -4.4% $1,479 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
04/29/2018 04/29/18 Price Changed $1,799,000 -12.2% $1,547 / Sq Ft
03/23/2018 03/23/18 For Sale $2,049,000 -- $1,762 / 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 $69,679 $6,314,187 $3,448,926 $2,865,261
2024 $69,679 $6,190,380 $3,381,300 $2,809,080
2023 $67,954 $6,069,000 $3,315,000 $2,754,000
2022 $66,767 $5,950,000 $3,250,000 $2,700,000
2021 $32,890 $1,772,575 $1,772,575 $0
2020 $20,137 $1,754,400 $1,703,400 $51,000
2019 $21,499 $1,720,000 $1,670,000 $50,000
2018 $6,830 $563,357 $474,786 $88,571
2016 $6,206 $541,483 $456,350 $85,133
2015 $6,080 $533,351 $449,496 $83,855
2014 $6,006 $522,904 $440,691 $82,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18066653

California Regional Multiple Listing Service (CRMLS)

APN: 4173-014-001