Seller's Agent in 2017
David Caskey
eXp Realty of California Inc
(310) 200-1960
88 in this area
293 Total Sales
512 Pacific Ave Manhattan Beach, CA 90266
Estimated Value: $8,537,000 - $16,425,456
5
Beds
10
Baths
7,620
Sq Ft
$1,545/Sq Ft
Est. Value
Highlights
- Ocean View
- 11,407 Sq Ft lot
- No HOA
- Opal Robinson Elementary School Rated A
About This Home
As of July 201711,407 sf lot in the Lower Hill Section offering 71’ frontage with sweeping ocean views. The lot is situated in an ideal location providing an easy walk along the greenbelt to Downtown Manhattan Beach and Robinson Elementary, and is just a few blocks from the beach. The lot comes "shovel ready" with plans to build up to an 8,000+ sf residence in a soft contemporary style. Comes with plans to build future 5 bed, 7 bath residence (5 baths, 2 powder rooms) would include a 3 car garage, European kitchen, home theater, bonus play room, guest house and pool & spa. Designed to be built to showcase dramatic ocean views. Plans are approved, fees paid and ready to build. In a densely populated beach town, the Hill Section offers larger than average lots, providing room for expansive custom homes with pools and yards while still capturing impressive ocean views and allowing for a quick walk or bike ride Downtown or to the beach. Because of this incredible blend of amenities, the Hill Section has quickly become some of the most sought after real estate in all of Southern California.
Last Agent to Sell the Property
eXp Realty of California Inc License #01198999 Listed on: 06/01/2017
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 0.26 Acre Lot
- Tear Down
- Property is zoned MNRS
Property Views
- Ocean
- Panoramic
Home Design
- 7,620 Sq Ft Home
Location
- Suburban Location
Schools
- Robinson Elementary School
- Manhattan Beach Middle School
- Mira Costa High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 5 / 11
- Tax Tract Number 3393
- Assessor Parcel Number 4169009008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2017
Closed on
Jun 20, 2017
Sold by
Greenberg Jeffrey
Bought by
Serota Jeff and Serota Peir
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Amy Olivares
Strand Hill Properties
List Price
$5,999,000
Sold Price
$6,100,000
Premium/Discount to List
$101,000
1.68%
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
$5,671,364
Avg. Annual Appreciation
7.94%
Purchase Details
Listed on
Jan 25, 2016
Closed on
Feb 3, 2016
Sold by
Pore Kevin T
Bought by
The Jeffrey & Lori Greenberg Family Trus
Seller's Agent
Blake Roberts
Compass
Buyer's Agent
Diana Roberts
Compass
List Price
$4,599,000
Sold Price
$5,500,000
Premium/Discount to List
$901,000
19.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Purchase Details
Closed on
Jun 17, 2003
Sold by
Pore Richard E and R & M Pore Family Trust
Bought by
Pore Richard E and R & M Pore Survivors Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serota Jeff | $6,100,000 | Fidelity National Title | |
| The Jeffrey & Lori Greenberg Family Trus | $5,500,000 | Western Resources Title Co | |
| Pore Richard E | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/13/2017 07/13/17 | Sold | $6,100,000 | +1.7% | $801 / Sq Ft | |
| 06/09/2017 06/09/17 | Pending | -- | -- | -- | |
| 06/01/2017 06/01/17 | For Sale | $5,999,000 | +9.1% | $787 / Sq Ft | |
| 02/09/2016 02/09/16 | Sold | $5,500,000 | +19.6% | $2,004 / Sq Ft | View Prior Sale |
| 01/27/2016 01/27/16 | Pending | -- | -- | -- | |
| 01/25/2016 01/25/16 | For Sale | $4,599,000 | -- | $1,675 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $101,532 | $11,924,500 | $6,940,757 | $4,983,743 |
| 2024 | $101,532 | $8,961,332 | $6,804,664 | $2,156,668 |
| 2023 | $98,904 | $8,785,621 | $6,671,240 | $2,114,381 |
| 2022 | $97,175 | $8,613,355 | $6,540,432 | $2,072,923 |
| 2021 | $94,722 | $8,444,467 | $6,412,189 | $2,032,278 |
| 2019 | $70,113 | $6,222,000 | $6,222,000 | $0 |
| 2018 | $68,876 | $6,100,000 | $4,880,000 | $1,220,000 |
| 2016 | $60,550 | $5,500,000 | $5,490,000 | $10,000 |
| 2015 | $2,508 | $203,493 | $92,185 | $111,308 |
| 2014 | $2,489 | $199,508 | $90,380 | $109,128 |
Source: Public Records
Agents Affiliated with this Home
-
David Caskey
-
Amy Olivares
Buyer's Agent in 2017
Amy Olivares
Strand Hill Properties
(310) 430-3969
4 in this area
13 Total Sales
-
B
Seller's Agent in 2016
Blake Roberts
Compass
-
D
Buyer's Agent in 2016
Diana Roberts
Compass
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17122031
APN: 4169-009-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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