NOT LISTED FOR SALE

Estimated Value: $7,398,502 - $9,034,000

5 Beds
4.5 Baths
4,175 Sq Ft
$1,949/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $5,475,000 $1,311 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $48,601/month

48 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Great Room
  • Opal Robinson Elementary School Rated A
  • Peek-A-Boo Views
  • No HOA

About This Home

As of October 2020

Located in the highly desirable 'Flat Walk Streets' in the South Manhattan Beach lies this beautiful new build from Pillar Homes. Designed by Waterleaf Interiors, the home boasts 5 beds, 4.5 bath, 4175 SF (BTV) including a 'beach room'. Entering on the ground level, walk into a an ample entryway with the 'beach room' to your left including a large bar with TV hooks ups and disappearing French door sliders out to a massive south-facing patio. Downstairs includes a 5th bedroom/bath and mud room. Upstairs includes large great room with three distinct areas defined by furniture not walls. This includes a large dining room area, open kitchen with 9' island, large wrap around peninsula, built-in breakfast nook, Thermador appliance package with custom stone and backsplash, including a private deck with BBQ, rear staircase, and a tucked away powder room. Towards the front is a massive great room with large fireplace, disappearing La Cantina French door sliders to an entertaining 'indoor/outdoor' deck with FP. Top floor includes master suite with large closet, French doors leading to a private deck with views of PV and the Hill Section, peak-a-boo ocean view, spacious bath with stand alone soaking tub, his/her vanities and large shower. Three more beds and private laundry room also encompass the level. Multi zone AC, Control 4 Smart home, 3 stop elevator, security cameras and the capability to run everything from your phone. A close walk to the beach, downtown and the park.

Last Agent to Sell the Property

Giovanni Altamura

S C Real Estate License #01818979 Listed on: 07/02/2020

Co-Listed By

Lee LeGrande

eXp Realty of California Inc License #01316971

Last Buyer's Agent

Christine Anderson

Strand Hill Properties License #02025722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,625

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,711 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 3 Car Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 4,175 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Fireplace in Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • 220 Volts in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20 / 5
  • Tax Tract Number 4795
  • Assessor Parcel Number 4179011012

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,625

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Wired for Alarm System
  • View: Yes
  • Zoning: MNRS
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4179011012
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4175.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1311.38
  • Room Type: Den, Family Room, Great Room, Jack & Jill, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Direction Faces: South
  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Manhattan Unified
  • Elementary School: Robinson
  • Middle School: Manhattan Beach
  • High School: Mira Costa
  • Elementary School: Robinson
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: ROBINS
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Walkstreet
  • Lot Size Sq Ft: 2711.00
  • Lot Size Acres: 0.0622

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2711.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 6209.04
  • Tax Lot: 20
  • Tax Tract Number: 4795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 31, 2020
Sold by
501 8Th Lp
Bought by
Saieh Daniel Eduardo and Brennan Deirdre Marie
Seller's Agent
Giovanni Altamura
S C Real Estate
Buyer's Agent
Christine Anderson
Strand Hill Properties
List Price
$5,895,000
Sold Price
$5,475,000
Premium/Discount to List
-$420,000
-7.12%
Current Estimated Value
$8,135,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,660,376
Avg. Annual Appreciation
8.31%
Original Mortgage
$3,500,000
Outstanding Balance
$3,089,844
Interest Rate
2.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,045,532

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 9, 2018
Sold by
Bower Katherine H
Bought by
501 8Th Lp
Seller's Agent
Ross Cohan
Beach City Brokers
Buyer's Agent
Lee LeGrande
eXp Realty of California Inc
List Price
$2,795,000
Sold Price
$3,000,000
Premium/Discount to List
$205,000
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.84%
Original Mortgage
$1,800,000
Interest Rate
4.38%
Mortgage Type
Construction
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
Saieh Daniel Eduardo $5,475,000 Lawyers Title Corporation
501 8Th Lp $3,000,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saieh Daniel Eduardo $3,500,000
Previous Owner 501 8Th Lp $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $5,475,000 -3.9% $1,311 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $5,695,000 -3.4% $1,364 / Sq Ft
07/02/2020 07/02/20 For Sale $5,895,000 +96.5% $1,412 / Sq Ft
04/02/2018 04/02/18 Sold $3,000,000 +7.3% $1,453 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $2,795,000 -- $1,354 / 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 $65,625 $5,926,314 $3,761,450 $2,164,864
2024 $65,625 $5,810,113 $3,687,697 $2,122,416
2023 $64,000 $5,696,190 $3,615,390 $2,080,800
2022 $62,881 $5,584,500 $3,544,500 $2,040,000
2021 $61,755 $5,475,000 $3,475,000 $2,000,000
2019 $34,789 $3,060,000 $2,448,000 $612,000
2018 $22,790 $1,987,028 $1,876,639 $110,389
2016 $2,117 $172,686 $76,607 $96,079
2015 $2,076 $170,093 $75,457 $94,636
2014 $2,058 $166,762 $73,979 $92,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20129717

California Regional Multiple Listing Service (CRMLS)

APN: 4179-011-012