S
Seller's Agent in 2022
Steven Nimeh
eXp Realty of Greater Los Angeles, Inc.
(310) 435-5092
2 in this area
19 Total Sales
515 Palm Dr Hermosa Beach, CA 90254
Estimated Value: $2,435,000 - $3,213,000
3
Beds
3
Baths
1,998
Sq Ft
$1,366/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Primary Bedroom Suite
- Retreat
- Hermosa Valley Elementary School Rated A
- Recreation Room
- No HOA
About This Home
As of September 2022One block from the water…and steps away from the Hermosa Beach sand sits this immaculate detached townhome that inspires California coastal living and boasts ocean and coastal views to Malibu. This light and bright home has 3 bedrooms, 3 bathrooms, and a loft that can be used as an office or additional living area. All three bedrooms and two bathrooms are located on the same floor. The primary bedroom has its own en-suite bathroom with 2 floating vanity sinks, a separate soaking tub and a large stand-up shower. It also has a walk-in closet and sliding door that leads out to it’s own private outdoor patio that’s great for personal retreats. The living room, kitchen, and dining room are all located on the same floor with plenty of windows along with 2 balconies that invite you to enjoy the beautiful weather and outdoor space. The kitchen has stainless steel appliances and granite countertops with a breakfast bar, and is perfectly located in between the dining and living room. The large living room has a tiled gas fireplace and serves as the centerpiece of the room. The vaulted ceilings and large windows keep the living and dining rooms very bright with natural lighting. Off of the dining room is a west-facing balcony that has a BBQ with gas hook-ups and an outdoor fridge. On the top floor you will find an open loft that can be used as an office, workout area or anything your heart desires. The ocean breeze, and breathtaking views are abundant in this space that also leads out to the third balcony where you can hear and see the waves crash as you take in picturesque sunset views. This home also has a 2 car garage and additional 2 car parking in front of the garage. Enjoy everything Hermosa Beach has to offer including award-winning schools, shops, restaurants, and the beach lifestyle. No active HOA or HOA dues. Property is a street to alley lot that is currently held in title as 516 Hermosa Ave. Front door, garage, and mailing address is located at 515 Palm Drive.
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles, Inc. License #01313906 Listed on: 07/12/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $23,877
Year Built
- Built in 1990
Lot Details
- 2,998 Sq Ft Lot
- No Common Walls
Parking
- 2 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
- Neighborhood
Interior Spaces
- 1,998 Sq Ft Home
- Family Room with Fireplace
- Living Room
- Home Office
- Recreation Room
- Bonus Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Schools
- Hermosa View Elementary School
- Hermosa Valley Middle School
- Mira Costa High School
Additional Features
- Exterior Lighting
- Central Heating
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 4340
- Assessor Parcel Number 4188011056
- $461 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 2022
Sold by
Trent Brown And Bonny Brown Living Trust
Bought by
515 Palm Drive Llc
Current Estimated Value
Purchase Details
Listed on
Jul 12, 2022
Closed on
Aug 29, 2022
Sold by
Linda J Sutherland Revocable Trust
Bought by
Brunst Penelope
Seller's Agent
Steven Nimeh
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Sharon Benton
The Agency
List Price
$2,295,000
Sold Price
$2,165,000
Premium/Discount to List
-$130,000
-5.66%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Purchase Details
Closed on
May 15, 2013
Sold by
Sutherland Linda J
Bought by
Sutherland Linda J and Linda J Sutherland Revocable Trust
Purchase Details
Closed on
Mar 3, 2010
Sold by
French Thomas
Bought by
Sutherland Linda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2008
Sold by
Sutherland Linda J
Bought by
Sutherland Linda J
Purchase Details
Closed on
Mar 20, 2001
Sold by
French Thomas E
Bought by
Sutherland Linda J
Purchase Details
Closed on
Feb 26, 2001
Sold by
Aldendifer Robert M
Bought by
Sutherland Linda J and Cocks Fern E
Purchase Details
Closed on
Nov 11, 1998
Sold by
Aldendifer Robert M
Bought by
Aldendifer Robert M and The Robert M Aldendifer Living Trust
Purchase Details
Closed on
Nov 6, 1997
Sold by
Levy Robert E
Bought by
Aldendifer Robert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.16%
Purchase Details
Closed on
Dec 20, 1994
Sold by
Lalor Karen
Bought by
Levy Robert Edward and Levy Nancy Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,590
Interest Rate
7.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 515 Palm Drive Llc | -- | -- | |
| Trent Brown And Bonny Brown Living Trust | $1,104,500 | -- | |
| Brunst Survivors Trust | -- | -- | |
| Brunst Penelope | $2,165,000 | -- | |
| Sutherland Linda J | -- | None Available | |
| Sutherland Linda J | -- | Lawyers Title Company | |
| Sutherland Linda J | -- | None Available | |
| Sutherland Linda J | -- | First American Title Co | |
| Sutherland Linda J | $659,000 | First American Title Co | |
| Aldendifer Robert M | -- | -- | |
| Aldendifer Robert M | $495,000 | Lawyers Title Company | |
| Levy Robert Edward | $410,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sutherland Linda J | $175,000 | |
| Previous Owner | Sutherland Linda J | $147,500 | |
| Previous Owner | Sutherland Linda J | $150,000 | |
| Previous Owner | Aldendifer Robert M | $214,000 | |
| Previous Owner | Levy Robert Edward | $380,000 | |
| Previous Owner | Levy Robert Edward | $368,590 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2022 09/12/22 | Sold | $2,165,000 | -5.7% | $1,084 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | For Sale | $2,295,000 | -- | $1,149 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,877 | $2,252,465 | $1,801,972 | $450,493 |
| 2024 | $23,877 | $2,208,300 | $1,766,640 | $441,660 |
| 2023 | $23,383 | $2,165,000 | $1,732,000 | $433,000 |
| 2022 | $10,366 | $935,722 | $651,743 | $283,979 |
| 2021 | $10,199 | $917,375 | $638,964 | $278,411 |
| 2019 | $9,933 | $890,167 | $620,013 | $270,154 |
| 2018 | $9,600 | $872,713 | $607,856 | $264,857 |
| 2016 | $9,120 | $838,826 | $584,253 | $254,573 |
| 2015 | $8,946 | $826,227 | $575,477 | $250,750 |
| 2014 | $8,665 | $810,044 | $564,205 | $245,839 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Nimeh
-
Steve Nimeh
Seller Co-Listing Agent in 2022
Steve Nimeh
eXp Realty of Greater Los Angeles, Inc.
(310) 543-3536
2 in this area
23 Total Sales
-
Sharon Benton
Buyer's Agent in 2022
Sharon Benton
The Agency
(310) 383-5455
1 in this area
30 Total Sales
-
Karen Lowe
Buyer Co-Listing Agent in 2022
Karen Lowe
Compass
(310) 995-2622
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22151630
APN: 4188-011-056
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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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