NOT LISTED FOR SALE

3516 Manhattan Ave Manhattan Beach, CA 90266

Estimated Value: $4,754,573 - $5,455,000

4 Beds
3.5 Baths
2,570 Sq Ft
$1,948/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $3,800,000 $1,479 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $30,099/month

68 Days on Market

Highlights

  • Ocean View
  • New Construction
  • 2 Car Attached Garage
  • Grand View Elementary School Rated A
  • Primary Bedroom Suite
  • Living Room

About This Home

As of May 2020

MAJOR PRICE IMPROVEMENT!!!
Situated on the highly desirable Manhattan Ave in the North End of town lies this new 'California Coastal' townhouse with ocean views to Malibu and Catalina. Built by Pillar Homes, designed by Doug Leach and Waterleaf Interiors, this rare four bedroom front unit has great exterior elevation and curb appeal, steps to the beach, shops and restaurants and is the quintessential beach home for the most discerning buyer. Entering on the second level, you will notice the master bedroom suite featuring a sunny deck, spacious walk in closet and custom stone/tile bath with his and her vanities. On the same floor, the guest bedroom includes its own en suite bath. Upstairs boasts an open 'great room' concept with spacious kitchen, featuring custom cabinetry, stone/ tile and Thermador appliances. The family room includes large fireplace with shiplap detail and sliding doors that open to a 'West' facing Ocean view deck. Other amenities include 4 beds, 3.5 bath, 2570 sq. ft. (BTV), 3 stop elevator, up to 5 car on site parking, Control 4 home automation with the capabilities to control all the home's features through your phone, AC throughout including Nest Thermostat. The property is wired for security cameras and automatic shades above family room sliding doors and master bedroom. Don't miss out!!

Last Agent to Sell the Property

Giovanni Altamura

S C Real Estate License #01818979 Listed on: 01/16/2020

Co-Listed By

Vincenzo Altamura

S C Real Estate License #01901957

Last Buyer's Agent

Mitch Hagerman

Vista Sotheby's International Realty License #01897438

Vista Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $46,126

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,498 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,570 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Schools

  • Grandview Elementary School
  • Mira Costa High School

Additional Features

  • Exterior Lighting
  • Zoned Cooling

Community Details

  • Property has a Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 7 / 41
  • Tax Tract Number 2
  • Assessor Parcel Number 4175024007

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$46,126

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNRH
  • New Construction: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4175024007
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2570.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1478.60
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Unknown
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Unknown

Schools

  • School District: Manhattan Unified
  • Elementary School: Grandview
  • High School: Mira Costa
  • Elementary School: Grandview
  • High School: Mira Costa
  • Elementary School #2: GRANDV
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3498.00
  • Lot Size Acres: 0.0803

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3498.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 6203.05
  • Tax Lot: 7
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Russillo Ryen
Bought by
Russillo Family Trust and Russillo
Current Estimated Value
$5,006,191

Purchase Details

Listed on
Jan 16, 2020
Closed on
May 5, 2020
Sold by
Two Cypress Holdco Iii Lp
Bought by
Russillo Ryen
Seller's Agent
Giovanni Altamura
S C Real Estate
Buyer's Agent
Mitch Hagerman
Vista Sotheby's International Realty
List Price
$4,499,000
Sold Price
$3,800,000
Premium/Discount to List
-$699,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2020
Sold by
Twd Cypress Holdoc Iii Lp
Bought by
Carritt Jan B and Carritt Pamela J

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 8, 2017
Sold by
Ciprari Joseph J and Ciprari Dee
Bought by
Twd Cypress Holdco Iii Lp
Seller's Agent
Robb Stroyke
Bayside
Buyer's Agent
Giovanni Altamura
S C Real Estate
List Price
$4,499,000
Sold Price
$4,000,000
Premium/Discount to List
-$499,000
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$5,000,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1998
Sold by
Cole Jeffrey W
Bought by
Ciprari Joseph J and Ciprari Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1993
Sold by
Cole Jeffrey W and Cole Paula L
Bought by
Cole Jeffrey W and Cole Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Russillo Family Trust -- None Listed On Document
Russillo Ryen $3,800,000 Lawyers Title Company
Carritt Jan B $5,650,000 Lawyers Title Company
Twd Cypress Holdco Iii Lp $4,000,000 Usa National Title
Ciprari Joseph J $915,000 Stewart Title
Cole Jeffrey W -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russillo Ryen $3,000,000
Previous Owner Twd Cypress Holdco Iii Lp $5,000,000
Previous Owner Ciprari Joseph J $637,000
Previous Owner Cole Jeffrey W $445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2020 05/18/20 Sold $3,800,000 -7.3% $1,479 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $4,099,000 -5.7% $1,595 / Sq Ft
02/20/2020 02/20/20 Price Changed $4,349,000 -3.3% $1,692 / Sq Ft
01/16/2020 01/16/20 For Sale $4,499,000 +12.5% $1,751 / Sq Ft
09/15/2017 09/15/17 Sold $4,000,000 -11.1% $1,709 / Sq Ft View Prior Sale
08/18/2016 08/18/16 For Sale $4,499,000 -- $1,923 / 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 $46,126 $4,155,853 $2,515,385 $1,640,468
2024 $46,126 $4,074,366 $2,466,064 $1,608,302
2023 $45,100 $3,994,477 $2,417,710 $1,576,767
2022 $44,440 $3,916,154 $2,370,304 $1,545,850
2021 $43,337 $3,839,368 $2,323,828 $1,515,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20011197

California Regional Multiple Listing Service (CRMLS)

APN: 4175-024-034