NOT LISTED FOR SALE

437 28th Place Manhattan Beach, CA 90266

Estimated Value: $2,972,572 - $3,775,000

3 Beds
3.5 Baths
1,926 Sq Ft
$1,770/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $1,535,000 $797 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $20,323/month

33 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • 2 Car Attached Garage
  • Grand View Elementary School Rated A
  • No HOA
  • 3-minute walk to Bruce's Beach

About This Home

As of May 2013

Live The Beach Life in the Heart of the prestigious Manhattan Beach Sand Section. Walk to Beach and Grand View Elementary School. This 3 bedroom, 3.5 Bathroom home was built in 2005 as a custom home and features lovely Ocean Views from the Living Room. Gourmet Center Island Kitchen opens to a large Living Room and has all Stainless Steel Appliances, and Granite Counter Tops. The Master Suite is complete with dual sink vanity, separate shower, Jacuzzi Tub and lots of closet space. All 3 bedrooms in the home are complete with their own full Bathrooms! In addition there is a home office area on midlevel which is great for a “work station” area. Perfect for entertaining guests after a long beach day with Sunset BBQs on the westerly exposed Deck off of main floor living area. 2 car attached garage plus guest parking. Dust off the sand after a long day at the beach and settle into the True Manhattan Beach lifestyle. This is a Single Family Home NOT a Townhome!

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 02/08/2013

Last Buyer's Agent

Uni Mayesh

eXp Realty of California Inc License #01055089

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,183

Year Built

  • Built in 2005

Lot Details

  • 1,345

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,926 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Additional Features

  • 1,345 Sq Ft Lot
  • Urban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 166
  • Tax Tract Number 6203
  • Assessor Parcel Number 4176009001

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,183

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: washer/dryer
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4176009001
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1926.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 796.99
  • Room Type: Living Room

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 1345.00
  • Lot Size Acres: 0.0310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1345.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: 166
  • Tax Tract Number: 6203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Mar 19, 2013
Sold by
Fetters Daniel C
Bought by
Kim Christine Mee H and Christine Mee Kim Living Trust
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Uni Mayesh
eXp Realty of California Inc
List Price
$1,439,000
Sold Price
$1,535,000
Premium/Discount to List
$96,000
6.67%
Current Estimated Value
$3,389,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,854,626
Avg. Annual Appreciation
6.73%
Original Mortgage
$1,228,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Gonzalez Jorge and Gonzalez Deyanira
Bought by
Fetters Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,400
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2004
Sold by
Swanson Jeremy and Swanson Hilary
Bought by
Gonzalez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2003
Sold by
Norman Mardi
Bought by
Swanson Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.54%

Purchase Details

Closed on
May 7, 1998
Sold by
Norman L Bruce L and Norman Marjorie B
Bought by
Norman Mardi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.07%

Purchase Details

Closed on
Apr 22, 1996
Sold by
Cilensek Michael J
Bought by
Norman L Bruce and Norman Majorie B

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
7.82%
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
Kim Christine Mee H $1,535,000 Lawyers Title
Fetters Daniel C $1,515,000 Lawyers Title Company
Gonzalez Jorge $850,000 Gateway Title Company
Swanson Jeremy $680,000 Lawyers Title Company
Norman Mardi -- --
Norman L Bruce $291,909 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Christine Mee H $420,800
Previous Owner Kim Christine Mee H $1,228,000
Previous Owner Fetters Daniel C $491,000
Previous Owner Fetters Daniel C $709,000
Previous Owner Fetters Daniel C $718,712
Previous Owner Fetters Daniel C $724,573
Previous Owner Fetters Daniel C $170,000
Previous Owner Fetters Daniel C $729,750
Previous Owner Fetters Daniel C $151,400
Previous Owner Fetters Daniel C $1,212,000
Previous Owner Gonzalez Jorge $250,000
Previous Owner Gonzalez Jorge $595,000
Previous Owner Swanson Jeremy $544,000
Previous Owner Norman Mardi $195,000
Previous Owner Norman L Bruce $200,000
Closed Swanson Jeremy $102,000
Closed Gonzalez Jorge $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $1,535,000 -1.0% $797 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
02/15/2013 02/15/13 Price Changed $1,550,000 +7.7% $805 / Sq Ft
02/08/2013 02/08/13 For Sale $1,439,000 -- $747 / 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 $21,183 $1,890,230 $1,512,188 $378,042
2024 $21,183 $1,853,168 $1,482,538 $370,630
2023 $20,661 $1,816,832 $1,453,469 $363,363
2022 $20,304 $1,781,209 $1,424,970 $356,239
2021 $19,962 $1,746,284 $1,397,030 $349,254
2019 $19,425 $1,694,491 $1,355,595 $338,896
2018 $19,054 $1,661,266 $1,329,015 $332,251
2016 $17,686 $1,596,758 $1,277,408 $319,350
2015 $17,318 $1,572,775 $1,258,221 $314,554
2014 $17,073 $1,541,968 $1,233,575 $308,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13018914

California Regional Multiple Listing Service (CRMLS)

APN: 4176-009-001