NOT LISTED FOR SALE

Estimated Value: $4,347,201 - $5,569,000

4 Beds
3.5 Baths
2,550 Sq Ft
$1,866/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $3,275,000 $1,284 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $27,081/month

46 Days on Market

Highlights

  • Ocean View
  • Built in 2017 | Newly Remodeled
  • Open Floorplan
  • Grand View Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Bruce's Beach

About This Home

As of October 2017

An highly perched corner lot lends an airy openness to this brand new contemporary rear unit townhome located in a quiet beach enclave just a few blocks to the ocean. 4 Bedrooms and 3.5 baths, with 2,550 square feet of living space, are enhanced by smoky white oak hardwood floors and espresso cabinetry. The spacious third story deck offers surprisingly big ocean views and large pocketing sliding doors, with which to enjoy the indoor outdoor ambiance. The massive island kitchen is a brilliant statement of light and dark contrasts: with white uppers and espresso lowers topped with white quartz. A complete array of Thermador professional stainless steel appliances compliments the culinary experience. You will love the truly unique leatherized quartzite countertops in the great room. A three-stop elevator, integrated AV, Panasonic solar panels and electric car hook-ups, 3-4 car parking. The corner lot provides for an ample private front yard with ocean views. This is quite singularly the nicest new townhome for this price point anywhere near this price in Manhattan Beach

Last Agent to Sell the Property

Robert Freedman

DOMO Real Estate License #00711607 Listed on: 08/01/2017

Co-Listed By

Greg Geilman

DOMO Real Estate License #01788567

Last Buyer's Agent

Barry Host

Vista Sotheby’s International Realty License #01427294

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 3,472 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Block Wall Fence
  • Front Yard

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Property Views

  • Ocean
  • Panoramic

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Slab Foundation
  • Copper Plumbing

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Double Pane Windows
  • Custom Window Coverings
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room Balcony
  • Den
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Schools

  • Grandview Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1234
  • Assessor Parcel Number 5128009013

Community Details

Overview

  • Property has a Home Owners Association
  • 28Th Street Townhomes Association

Amenities

  • Picnic Area

Townhouse Details

Home Type

Townhome

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5128009013
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2550.00 Square Feet
  • Interior Amenities: Built-in Features, Copper Plumbing Full, Elevator, Living Room Balcony, Open Floorplan, Pantry, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1284.31
  • Room Type: Den, Entry, Family Room, Foyer, Great Room, Master Suite
  • Window Features: Custom Covering, Double Pane Windows
  • Bathroom Features: Bathtub, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Walk-In Pantry

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Name: 28th Street Townhomes
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Grandview
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: GRANDV
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Park Nearby
  • Lot Size Sq Ft: 3472.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Sep 20, 2017
Sold by
Falcon Hubert M and The Hubert M Falcon Jr Living
Bought by
Severo Patrick S and Severo Family Trust
Seller's Agent
Robert Freedman
DOMO Real Estate
Buyer's Agent
Barry Host
Vista Sotheby’s International Realty
List Price
$3,499,000
Sold Price
$3,275,000
Premium/Discount to List
-$224,000
-6.4%
Current Estimated Value
$4,758,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,483,400
Avg. Annual Appreciation
4.67%
Original Mortgage
$1,800,000
Outstanding Balance
$1,494,608
Interest Rate
3.78%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,263,792
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Severo Patrick S $3,250,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severo Patrick S $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $3,275,000 -0.7% $1,284 / Sq Ft
09/15/2017 09/15/17 Price Changed $3,299,000 -5.7% $1,294 / Sq Ft
08/01/2017 08/01/17 For Sale $3,499,000 -- $1,372 / 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 $26,692 $2,363,669 $1,580,707 $782,962
2024 $26,325 $2,317,323 $1,549,713 $767,610
2023 $25,710 $2,271,886 $1,519,327 $752,559
2022 $25,263 $2,227,340 $1,489,537 $737,803
2021 $24,800 $2,183,668 $1,460,331 $723,337
2019 $24,129 $2,118,902 $1,417,018 $701,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17176735

California Regional Multiple Listing Service (CRMLS)

APN: 4176-012-025