NOT LISTED FOR SALE

504 Palm Dr Hermosa Beach, CA 90254

Estimated Value: $2,076,848 - $3,065,000

2 Beds
2 Baths
1,020 Sq Ft
$2,529/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,550,000 $1,520 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $15,516/month

20 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Wood Flooring
  • Hermosa Valley Elementary School Rated A
  • Craftsman Architecture
  • Main Floor Bedroom

About This Home

As of June 2021

This is a Classic Vintage 1923 Built Beach Home Located Steps to the Oceanfront and Downtown. When you Enter the Home, it's like Stepping Back in Time to Old Hermosa. The Front Sun Room, Large Living Room, Wood Siding, Large Windows, Kitchen and Redwood Construction all Harken Back to an Earlier Time. Over the Years the Home was Modified and Reconfigured to it's current 4 Bedrooms, but Almost Every Detail is Original. At the top of the Stairway to the Upper Level there is an Enclosed Porch and an entry to the Vintage Kitchen. The Kitchen which opens to the Living Room and Sun Room has lots of Storage Cabinets, Drawers and Counter Space with Vintage Tile and Clapboard Siding. The Spacious Living Room and adjoining Sun Room are Surrounded with Windows Flooding the area with Sunlight. There are 2 Bedrooms and a Full Bath on the Upper Level. The Lower Level has a Second Entrance into a Den or Office Area. There are two other Bedrooms, a Full Bath and a hallway leading to the Garage. You Can Restore and Update the Home or Build a New Custom Home on the Site. The 1,689 Sq. Ft. 40 ft. Wide Lot, is Wider and Larger then the typical Half Lots in the Sand Section. AGENTS PLEASE SEE SHOWING INSTRUCTIONS AND PRIVATE NOTES

Last Agent to Sell the Property

Jon Coleman

Beach City Brokers License #00808758 Listed on: 04/08/2021

Beach City Brokers

Last Buyer's Agent

Starr Eissler-Dill

Compass License #02102888

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,859

Year Built

  • Built in 1923

Lot Details

  • 1,689 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Flag Lot
  • Property is zoned HBR3YY

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Cottage
  • Bungalow
  • Partial Copper Plumbing

Interior Spaces

  • 1,020 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room
  • Ocean Views

Kitchen

  • Open to Family Room
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 18 / 38
  • Tax Tract Number 4340
  • Assessor Parcel Number 4188011029

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,859

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: HBR3YY
  • Architectural Style: Bungalow, Cottage, Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4188011029
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1020.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1519.61
  • Room Type: Bonus Room, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Enclosed, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, On Site
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: South Bay Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Flag Lot, Level
  • Lot Size Sq Ft: 1689.00
  • Lot Size Acres: 0.0388

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1689.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 38
  • Tax Census Tract: 6211.04
  • Tax Lot: 18
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 10, 2021
Sold by
Barnes Bradley Alan
Bought by
Donovan Elizabeth and Donovan Lawrence T
Seller's Agent
Jon Coleman
Beach City Brokers
Buyer's Agent
Starr Eissler-Dill
Compass
List Price
$1,395,000
Sold Price
$1,550,000
Premium/Discount to List
$155,000
11.11%
Current Estimated Value
$2,579,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,029,462
Avg. Annual Appreciation
13.70%
Original Mortgage
$139,500
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 1995
Sold by
Barnes Headley C and Barnes Pamela J
Bought by
Barnes Headley C and Barnes Pamela J
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
Donovan Elizabeth $1,550,000 Provident Title Company
Barnes Headley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Elizabeth $250,000
Closed Donovan Elizabeth $139,500
Open Donovan Elizabeth $1,240,000
Previous Owner Barnes Headley C $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,550,000 +11.1% $1,520 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $1,395,000 -- $1,368 / 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 $17,859 $1,677,767 $1,342,214 $335,553
2024 $17,859 $1,644,871 $1,315,897 $328,974
2023 $17,491 $1,612,620 $1,290,096 $322,524
2022 $17,178 $1,581,000 $1,264,800 $316,200
2021 $1,247 $82,156 $69,282 $12,874
2020 $1,240 $81,314 $68,572 $12,742
2019 $1,218 $79,721 $67,228 $12,493
2018 $1,150 $78,159 $65,910 $12,249
2016 $1,087 $75,125 $63,351 $11,774
2015 $1,068 $73,998 $62,400 $11,598
2014 $946 $72,549 $61,178 $11,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21056538

California Regional Multiple Listing Service (CRMLS)

APN: 4188-011-029