NOT LISTED FOR SALE

412 Hermosa Ave Unit 7 Hermosa Beach, CA 90254

Estimated Value: $1,425,000 - $2,429,000

3 Beds
2 Baths
1,493 Sq Ft
$225/mo HOA Fee

Last Sold July 16, 2014

Last sale price $801,000 $537 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $10,702/month

8 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Controlled Access
  • Hermosa Valley Elementary School Rated A
  • Eat-In Kitchen
  • 5-minute walk to South Park

About This Home

As of July 2014

Seller has identified up-leg property and wants this in escrow NOW. Offers to be reviewed Thursday June 12th. One block to water. Single story on second floor of building. Large great room with wood laminate floors. Light and bright with two sliding glass doors opening to balconies. Kitchen remodeled a few years ago. Very open with tile counters. Bedrooms in back very quite and private. Master and back bedroom have private entrances. The master bedroom is extra large and spacious(22 x 16). Washer/dryer hookups in unit. Tank less hot water system provides long hot showers for everyone. Two car garage with tons of overhead storage in secure ground floor parking area. Association recently remodeled exterior, best looking building on the street. Tenant occupied so look past the clutter. Will be delivered vacant and clean. Buyer to cooperate with Sellers 1031 tax deferred exchange at no cost to Buyer.

Last Agent to Sell the Property

Kirk Seidensticker

Partners Realty License #00989437 Listed on: 06/05/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,321

Year Built

  • Built in 1973

Lot Details

  • 5,576

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,493 Sq Ft Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • No Common Walls
  • Suburban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30925
  • Assessor Parcel Number 4188011035

Community Details

Overview

  • 9 Units
  • Surf View Association

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,321

Year Built

Built in 1973

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4188011035
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1493.00
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 536.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Surf View
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5594.00
  • Lot Size Acres: 0.1280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5594.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 30925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jun 17, 2014
Sold by
Bustos Jon C
Bought by
Chuang Gary S
Seller's Agent
Kirk Seidensticker
Partners Realty
Buyer's Agent
Amy Chang
Compass
List Price
$799,999
Sold Price
$801,000
Premium/Discount to List
$1,001
0.13%
Current Estimated Value
$1,812,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011,149
Avg. Annual Appreciation
7.00%
Original Mortgage
$600,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1996
Sold by
American Svgs Bank Fa
Bought by
Bustos Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,295
Interest Rate
7.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 1996
Sold by
Zamora Michael C and Zamora Saundra K
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Oct 11, 1995
Sold by
Zamora Saundra K
Bought by
Hagen Paul

Purchase Details

Closed on
Jun 26, 1995
Sold by
Zamora Saundra K
Bought by
Hogan Luis
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
Chuang Gary S $801,000 North American Title Company
Bustos Jon C $205,000 Investors Title Company
American Svgs Bank Fa $195,500 Stewart Title
Hagen Paul -- --
Hogan Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuang Gary S $765,000
Closed Chuang Gary S $600,750
Previous Owner Bustos Jon C $295,000
Previous Owner Bustos Jon C $25,000
Previous Owner Bustos Jon C $300,000
Previous Owner Bustos Jon C $280,000
Previous Owner Bustos Jon C $240,000
Previous Owner Bustos Jon C $184,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $801,000 +0.1% $537 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $799,999 -- $536 / 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 $10,321 $962,671 $770,140 $192,531
2024 $10,321 $943,796 $755,040 $188,756
2023 $10,110 $925,291 $740,236 $185,055
2022 $9,927 $907,149 $725,722 $181,427
2021 $9,769 $889,363 $711,493 $177,870
2019 $9,512 $862,987 $690,391 $172,596
2018 $9,209 $846,066 $676,854 $169,212
2016 $8,751 $813,215 $650,572 $162,643
2015 $8,583 $801,000 $640,800 $160,200
2014 $2,994 $272,353 $105,352 $167,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14117678

California Regional Multiple Listing Service (CRMLS)

APN: 4188-011-035