$1,055,000
SOLD FEB 10, 2014

4101 Crest Dr Manhattan Beach, CA 90266

2 Beds
1 Bath
1,166 Sq Ft
1,798 Sq Ft Lot

Recently Sold

$905 Per Sq Ft

6% Above List Price

8 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Bungalow
  • Grand View Elementary School Rated A
  • No HOA

About This Home

As of July 2016

One of the best opportunities to get an oversized (30X60 square foot lot, not 30X45) corner unobstructable south facing ocean view lot in the Manhattan Beach Sand Section. Perfect for a buyer looking to build a dream "Beach House" and walk to the best beachbreak surf spot in Los Angeles, El Porto. This lot allows for buildable square footage of approximately 2500-2600 square feet (buyer to verify with city of MB) with a 30 foot height limit. Known in the Realtor community of Manhattan Beach as "The Big Three Criteria" this lot offers all of them: (1) Unobstrucatable South Facing Ocean Views (2) Walk to Beach (3) Walk to Dinner/Shopping/Yoga. The classic Manhattan Beach lifestyle awaits the buyer who wants to make the change to a lifestyle of sunsets, surfing, golf cart driving and beach life. Current 2 bed 1 bath could be fixed up.

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 01/16/2014

Last Buyer's Agent

Dennis Moloney

Strand Hill Properties License #00808394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,300

Year Built

  • Built in 1928

Lot Details

  • 1,798 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,166 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137003023

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,300

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4137003023
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1166.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 904.80
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 1798.00
  • Lot Size Acres: 0.0410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1798.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
Nader Robert W
Bought by
Nader Robert W and Nader Mary R
Current Estimated Value
$4,622,607

Purchase Details

Listed on
May 15, 2016
Closed on
Jun 8, 2016
Sold by
Dunn Laurence
Bought by
Nader Robert W and Nader Mary R
Seller's Agent
Dennis Moloney
Strand Hill Properties
Buyer's Agent
Barbi Pappas
Vista Sotheby’s International Realty
List Price
$2,800,000
Sold Price
$2,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$1,200,000
Outstanding Balance
$991,097
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,841,431

Purchase Details

Listed on
Jan 16, 2014
Closed on
Jan 27, 2014
Sold by
Jessogne Michael James
Bought by
Dunn Laurence
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Dennis Moloney
Strand Hill Properties
List Price
$999,000
Sold Price
$1,055,000
Premium/Discount to List
$56,000
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.93%

Purchase Details

Closed on
Mar 24, 2005
Sold by
Jessogne Patricia Jane
Bought by
Jessogne Patricia Jane and The Patricia Jessogne Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,824
Interest Rate
5.77%
Mortgage Type
Reverse Mortgage Home Equity Conversion 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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,800,000 Usa National Title Company
Grant Deed $1,050,000 Lawyers Title
Interfamily Deed Transfer -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,087,000 Construction
Previous Owner $832,824 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2016 07/09/16 Sold $2,800,000 0.0% $1,050 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $2,800,000 +165.4% $1,050 / Sq Ft
02/10/2014 02/10/14 Sold $1,055,000 +5.6% $905 / Sq Ft
01/16/2014 01/16/14 For Sale $999,000 -- $857 / 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 $36,300 $3,249,634 $1,972,992 $1,276,642
2024 $36,300 $3,185,916 $1,934,306 $1,251,610
2023 $35,366 $3,123,448 $1,896,379 $1,227,069
2022 $34,752 $3,062,205 $1,859,196 $1,203,009
2021 $34,130 $3,002,163 $1,822,742 $1,179,421
2019 $33,209 $2,913,120 $1,768,680 $1,144,440
2018 $32,566 $2,856,000 $1,734,000 $1,122,000
2016 $12,132 $1,087,311 $1,087,311 $0
2015 $12,982 $1,070,978 $892,482 $178,496
2014 $11,227 $1,000,000 $700,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14010609

California Regional Multiple Listing Service (CRMLS)

APN: 4137-003-023