Seller's Agent in 2019
Robert Depaoli
Compass
(310) 896-5343
22 in this area
59 Total Sales
424 1st St Manhattan Beach, CA 90266
Estimated Value: $5,672,000 - $6,749,000
5
Beds
4.5
Baths
4,404
Sq Ft
$1,403/Sq Ft
Est. Value
Highlights
- Wine Cellar
- New Construction
- Open Floorplan
- Opal Robinson Elementary School Rated A
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
About This Home
As of November 2019Stunning brand new custom Napa Coastal situated on an oversized 30x100 lot and just a short stroll to the beach, parks, and downtown Manhattan Beach. Built by locally renown luxury home builder Mike Davis and designed by one of LA's most popular designers Paul L'Esperance, this home is perched in one of Manhattan's hottest neighborhoods south of the pier where you will find some of most beautiful estates in all of 90266. No expenses spared on this outstanding three-story masterpiece featuring Thermador appliances, three stop elevator, oak hardwood floors throughout, designer fixtures and tile. The sun-drenched great room on the 3rd level features 11-foot ceilings, built in state of the art audio system, and two large outdoor patio spaces. On the 2nd floor entry level you’ll find an exquisite master suite, spacious laundry room, and two en suite bedrooms on the south end of the house. On the 1st floor of the residence you'll find a large 3 car garage, media room, 2 additional bedrooms as well as a bathroom and access to backyard area. Seconds to the beach, minutes to downtown, and just around the corner from Robinson Elementary!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,930
Year Built
- Built in 2019 | New Construction
Lot Details
- 3,002 Sq Ft Lot
- Rectangular Lot
- Private Yard
- Property is zoned MNRS
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Interior Spaces
- 4,404 Sq Ft Home
- 1-Story Property
- Elevator
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Bonus Room
- Game Room
- Wood Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Built-In Range
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Separate Shower
Outdoor Features
- Living Room Balcony
- Covered Patio or Porch
Schools
- Center Street Elementary School
- Manhattan Beach Middle School
- Mira Costa High School
Utilities
- Two cooling system units
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 22 / 108
- Tax Tract Number 6174
- Assessor Parcel Number 4181012009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2019
Closed on
Nov 18, 2019
Sold by
424 1St St Llc
Bought by
Fawcett Thomas R and Bhutani Monisha K
Seller's Agent
Robert Depaoli
Compass
Buyer's Agent
Darren Pujalet
Estate Properties
List Price
$4,799,000
Sold Price
$4,100,000
Premium/Discount to List
-$699,000
-14.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,080,555
Avg. Annual Appreciation
7.22%
Original Mortgage
$3,000,000
Outstanding Balance
$2,633,940
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$3,546,615
Purchase Details
Closed on
Aug 4, 2017
Sold by
Brown Kevin E
Bought by
424 1St St Llc
Purchase Details
Listed on
Sep 9, 2016
Closed on
Nov 18, 2016
Sold by
Sharpe Lewis Scott
Bought by
Brown Kevin E
Seller's Agent
Darin DeRenzis
Vista Sotheby’s International Realty
Buyer's Agent
Robert Depaoli
Compass
List Price
$2,295,000
Sold Price
$1,790,000
Premium/Discount to List
-$505,000
-22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2001
Sold by
Mcafee Alexandrina M
Bought by
Mcafee Alexandrina M and The Alexandrina Mcafee Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fawcett Thomas R | $4,100,000 | Lawyers Title | |
| 424 1St St Llc | -- | Usa National Title Co | |
| Brown Kevin E | $1,790,000 | Usa National Title | |
| Mcafee Alexandrina M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fawcett Thomas R | $3,000,000 | |
| Previous Owner | Brown Kevin E | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2019 11/26/19 | Sold | $4,100,000 | -5.7% | $931 / Sq Ft | |
| 10/03/2019 10/03/19 | Price Changed | $4,349,500 | -1.0% | $988 / Sq Ft | |
| 10/03/2019 10/03/19 | Price Changed | $4,395,000 | -2.2% | $998 / Sq Ft | |
| 09/23/2019 09/23/19 | Price Changed | $4,495,000 | -2.3% | $1,021 / Sq Ft | |
| 09/03/2019 09/03/19 | Price Changed | $4,599,000 | -4.2% | $1,044 / Sq Ft | |
| 08/23/2019 08/23/19 | Price Changed | $4,799,000 | 0.0% | $1,090 / Sq Ft | |
| 08/23/2019 08/23/19 | For Sale | $4,799,000 | +17.0% | $1,090 / Sq Ft | |
| 08/19/2019 08/19/19 | Off Market | $4,100,000 | -- | -- | |
| 07/31/2019 07/31/19 | Price Changed | $4,850,000 | -2.9% | $1,101 / Sq Ft | |
| 06/28/2019 06/28/19 | For Sale | $4,995,000 | 0.0% | $1,134 / Sq Ft | |
| 01/25/2017 01/25/17 | Rented | $3,500 | 0.0% | -- | |
| 01/17/2017 01/17/17 | Price Changed | $3,500 | -12.4% | $3 / Sq Ft | |
| 01/05/2017 01/05/17 | Price Changed | $3,995 | -20.0% | $3 / Sq Ft | |
| 12/22/2016 12/22/16 | For Rent | $4,995 | 0.0% | -- | |
| 12/20/2016 12/20/16 | Sold | $1,790,000 | -5.7% | $1,418 / Sq Ft | View Prior Sale |
| 11/01/2016 11/01/16 | Price Changed | $1,899,000 | -11.7% | $1,505 / Sq Ft | |
| 09/28/2016 09/28/16 | Price Changed | $2,150,000 | -6.3% | $1,704 / Sq Ft | |
| 09/09/2016 09/09/16 | For Sale | $2,295,000 | +28.2% | $1,819 / Sq Ft | |
| 09/08/2016 09/08/16 | Off Market | $1,790,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $49,930 | $4,483,947 | $3,390,302 | $1,093,645 |
| 2024 | $49,930 | $4,396,027 | $3,323,826 | $1,072,201 |
| 2023 | $48,681 | $4,309,831 | $3,258,653 | $1,051,178 |
| 2022 | $47,833 | $4,225,325 | $3,194,758 | $1,030,567 |
| 2021 | $46,928 | $4,142,476 | $3,132,116 | $1,010,360 |
| 2020 | $46,493 | $4,100,000 | $3,100,000 | $1,000,000 |
| 2019 | $29,889 | $2,631,600 | $2,631,600 | $0 |
| 2018 | $20,921 | $1,825,800 | $1,825,800 | $0 |
| 2016 | $1,524 | $122,891 | $80,183 | $42,708 |
| 2015 | $1,494 | $121,046 | $78,979 | $42,067 |
| 2014 | $1,484 | $118,675 | $77,432 | $41,243 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Depaoli
-
Jim Van Zanten
Seller Co-Listing Agent in 2019
Jim Van Zanten
Vista Sotheby’s International Realty
(310) 546-7611
14 in this area
44 Total Sales
-
Darren Pujalet
Buyer's Agent in 2019
Darren Pujalet
RE/MAX
(310) 613-1690
8 in this area
55 Total Sales
-
Darin DeRenzis
Seller's Agent in 2016
Darin DeRenzis
Vista Sotheby’s International Realty
(310) 418-6210
13 in this area
71 Total Sales
-
Richard Edler
Seller Co-Listing Agent in 2016
Richard Edler
Vista Sotheby's International Realty
(310) 872-4333
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19151992
APN: 4181-012-009
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