NOT LISTED FOR SALE

428 Palm Dr Hermosa Beach, CA 90254

Estimated Value: $2,069,000 - $2,401,818

3 Beds
2 Baths
1,174 Sq Ft
$1,886/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $1,590,000 $1,354 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,579/month

6 Days on Market

Highlights

  • Beach Access
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Hermosa Valley Elementary School Rated A
  • Ocean Side of Highway 1
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2020

Soak in the beach lifestyle from this updated, Mid-Century single family home on an oversized half lot, located just 8 homes to the beach. Smell and hear the ocean just steps away. Let's talk walk times… The beach is 3 minutes away, according to walking directions on Google Maps. The newly renovated South Park, 3 minutes away. And Downtown Hermosa is a whopping 4 minute stroll, earning this location a Walk Score of 90. Inside, natural light illuminates the open concept living area from surrounding windows, and large skylights in the vaulted ceilings. The master bedroom suite features a walk-in closet and spa-like master bath with a skylight and large jetted tub. Take advantage of the Southern California weather from the back yard, rare this close to the beach, with synthetic turf and a dedicated gas line for outdoor grilling. Distressed-style laminate wood flooring throughout the home. Two car garage with direct access and washer & dryer. When coming back from the beach, you'll be sure to appreciate the outdoor shower and front door keyless entry. Welcome home.

Last Agent to Sell the Property

Shawn Dugan

Strand Hill Properties License #01749343 Listed on: 03/18/2020

Last Buyer's Agent

Rob McGarry

Vista Sotheby’s International Realty License #01356525

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,414

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 1,505 Sq Ft Lot
  • West Facing Home
  • Private Yard
  • Property is zoned HBR3YY

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Interior Spaces

  • 1,174 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Exterior Lighting

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School
  • Mira Costa High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 897
  • Assessor Parcel Number 4188011025

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,414

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: HBR3YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4188011025
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1174.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1354.34
  • Room Type: Great Room, Main Floor Master Bedroom, Master Bathroom, Master Suite, Walk-In Closet
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower In Tub, Jetted Tub, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Hermosa
  • Elementary School: Hermosa View
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa View
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 1505.00
  • Lot Size Acres: 0.0346

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1505.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 3
  • Tax Tract Number: 897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Mar 27, 2020
Sold by
Dugan Shawn Pau and Saiz Dugan Sandra
Bought by
Kunz Robert and Tucciarone Kristen
Seller's Agent
Shawn Dugan
Strand Hill Properties
Buyer's Agent
Rob McGarry
Vista Sotheby’s International Realty
List Price
$1,600,000
Sold Price
$1,590,000
Premium/Discount to List
-$10,000
-0.62%
Current Estimated Value
$2,214,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,705
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,272,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2016
Sold by
Tramontln Thomas F and Tramontin Kelly
Bought by
Dugan Shawn Paul and Saiz Dugan Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.66%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 2015
Sold by
Tramontin Thomas F and Tramontin Kelly A R
Bought by
Thomas & Kelly Tramontin Family Trust

Purchase Details

Listed on
Feb 8, 2012
Closed on
Apr 26, 2012
Sold by
Tramontin Antoinette Michelle
Bought by
Tramontin Michael J
Seller's Agent
Richie Malicse
Realty One Group United
Buyer's Agent
Marisa Nelson
Coldwell Banker Residential Br
List Price
$799,000
Sold Price
$743,000
Premium/Discount to List
-$56,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$591,808
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2012
Closed on
Apr 23, 2012
Sold by
Tramontin Michael J
Bought by
Tramontin Thomas F and Tramontin Kelly A R
Seller's Agent
Richie Malicse
Realty One Group United
Buyer's Agent
Marisa Nelson
Coldwell Banker Residential Br
List Price
$799,000
Sold Price
$743,000
Premium/Discount to List
-$56,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,808
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2012
Closed on
Mar 23, 2012
Sold by
Panzer David A and Panzer Janae P
Bought by
Tramontin Michael J
Seller's Agent
Richie Malicse
Realty One Group United
Buyer's Agent
Marisa Nelson
Coldwell Banker Residential Br
List Price
$799,000
Sold Price
$743,000
Premium/Discount to List
-$56,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,808
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2010
Sold by
Panzer Dave Anthony and Panzer Janae Prudence
Bought by
Panzer David A and Panzer Janae P

Purchase Details

Closed on
Nov 25, 2002
Sold by
Remme Kara Kristine
Bought by
Panzer Dave Anthony and Panzer Janae Prudence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.86%

Purchase Details

Closed on
Feb 16, 2001
Sold by
Fekas John B
Bought by
Remme Kara Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.97%

Purchase Details

Closed on
May 24, 2000
Sold by
Muhle Jeff
Bought by
Fekas John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
8.08%

Purchase Details

Closed on
Apr 28, 1994
Sold by
Mayo Jeffrey H
Bought by
Muhle Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.75%
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
Kunz Robert $1,590,000 Priority Title
Dugan Shawn Paul $1,400,000 Progressive
Thomas & Kelly Tramontin Family Trust -- None Available
Tramontin Michael J -- Orange Coast Title
Tramontin Thomas F $740,000 Orange Coast Title
Tramontin Michael J $743,000 Orange Coast Title Company O
Panzer David A -- None Available
Panzer Dave Anthony $575,000 Gateway Title Company
Remme Kara Kristine $475,000 Southland Title
Fekas John B $425,000 Lawyers Title Company
Muhle Jeff $250,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunz Robert $1,248,000
Closed Kunz Robert $1,272,000
Previous Owner Dugan Shawn Paul $63,000
Previous Owner Dugan Shawn Paul $1,120,000
Previous Owner Dugan Shawn Paul $1,120,000
Previous Owner Tramontin Michael J $591,808
Previous Owner Panzer Dave Anthony $462,800
Previous Owner Panzer Dave Anthony $81,800
Previous Owner Panzer Dave Anthony $460,000
Previous Owner Remme Kara Kristine $380,000
Previous Owner Fekas John B $318,750
Previous Owner Muhle Jeff $100,000
Previous Owner Muhle Jeff $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $1,590,000 -0.6% $1,354 / Sq Ft
03/18/2020 03/18/20 For Sale $1,600,000 +115.3% $1,363 / Sq Ft
04/17/2012 04/17/12 Sold $743,000 -7.0% $633 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $799,000 -- $681 / 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 $18,414 $1,738,893 $1,292,250 $446,643
2024 $18,414 $1,704,798 $1,266,912 $437,886
2023 $18,033 $1,671,371 $1,242,071 $429,300
2022 $17,708 $1,638,600 $1,217,717 $420,883
2021 $17,419 $1,606,472 $1,193,841 $412,631
2020 $16,598 $1,515,403 $1,212,323 $303,080
2019 $16,255 $1,485,690 $1,188,552 $297,138
2018 $15,728 $1,456,560 $1,165,248 $291,312
2016 $8,487 $785,167 $628,135 $157,032
2015 $8,324 $773,374 $618,700 $154,674
2014 $8,053 $758,226 $606,581 $151,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20059519

California Regional Multiple Listing Service (CRMLS)

APN: 4188-011-025