NOT LISTED FOR SALE

408 Longfellow Ave Hermosa Beach, CA 90254

Estimated Value: $2,387,000 - $2,828,000

2 Beds
2.5 Baths
1,760 Sq Ft
$1,507/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $1,575,000 $895 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $16,011/month

9 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Wall Furnace
  • Hermosa Valley Elementary School Rated A
  • Laundry Room

About This Home

As of July 2018

This home is ready for your personal touch. A charming 2-bedroom, 2.5 bath beach cottage with appealing details and large windows provide plenty of natural light. From the living room and front patio, you enjoy a view of the ocean and a cool breeze.
You move easily through this home and appreciate a living space that looks onto an enclosed rear sundeck, perfect for family gatherings and casual entertaining. This easy flowing floor plan can be easily updated to handle today’s family needs, or you may choose to start new. Either way you decide you will enjoy the beach lifestyle for years to come— this home is in an exceptional location close to white sandy beaches, bike paths, parks, schools, trendy restaurants and quaint shops. Come make it your own. Love Where You Live…

Last Agent to Sell the Property

Jack Gillespie

Vista Sotheby’s International Realty License #00426498 Listed on: 05/16/2018

Co-Listed By

Barry Host

Vista Sotheby’s International Realty License #01427294

Last Buyer's Agent

Tad Thormodsgaard

eXp Realty of California Inc License #01471775

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,748

Year Built

  • Built in 1929

Lot Details

  • 2,109 Sq Ft Lot
  • Value in Land
  • Property is zoned HBR1*

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4340
  • Assessor Parcel Number 4181010004

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,748

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4181010004
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1760.00 Square Feet
  • Stories: 2
  • Entry Location: Top
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 894.89
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 2109.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6210.04
  • Tax Lot: 4
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 8, 2018
Sold by
Dickens June Waters Erhart and The Grandchildren S Pot Trust
Bought by
Bethea Robert Harrison and Bethea Katie Cotney
Seller's Agent
Jack Gillespie
Vista Sotheby’s International Realty
Buyer's Agent
Tad Thormodsgaard
eXp Realty of California Inc
List Price
$1,600,000
Sold Price
$1,575,000
Premium/Discount to List
-$25,000
-1.56%
Current Estimated Value
$2,651,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,759
Avg. Annual Appreciation
7.64%
Original Mortgage
$1,260,000
Outstanding Balance
$1,094,259
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,557,500

Purchase Details

Closed on
May 16, 2017
Sold by
Erhart Dickens June Waters and Robert S Erhart Credit Trust
Bought by
Erhart Dickens June Waters and Grandchildrens Pot Trust

Purchase Details

Closed on
Sep 24, 2000
Sold by
Erhart June H and Erhart Family Trust
Bought by
Erhart June H and Robert S Erhart Credit Trust
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
Bethea Robert Harrison $1,575,000 Usa National Title Co
Erhart Dickens June Waters -- None Available
Erhart June H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bethea Robert Harrison $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $1,575,000 -1.6% $895 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $1,600,000 -- $909 / 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 $18,748 $1,756,937 $1,645,387 $111,550
2024 $18,748 $1,722,488 $1,613,125 $109,363
2023 $18,363 $1,688,715 $1,581,496 $107,219
2022 $18,035 $1,655,604 $1,550,487 $105,117
2021 $17,750 $1,623,142 $1,520,086 $103,056
2019 $17,309 $1,575,200 $1,475,000 $100,200
2018 $1,781 $128,892 $86,161 $42,731
2016 $1,679 $123,697 $82,816 $40,881
2015 $1,650 $121,840 $81,573 $40,267
2014 $1,500 $119,455 $79,976 $39,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18112433

California Regional Multiple Listing Service (CRMLS)

APN: 4181-010-004