NOT LISTED FOR SALE

521 Highland Ave Manhattan Beach, CA 90266

Estimated Value: $7,342,000 - $10,147,000

2 Beds
3 Baths
2,318 Sq Ft
$3,804/Sq Ft Est. Value

Last Sold July 23, 2013

Last sale price $2,725,000 $1,176 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $54,746/month

38 Days on Market

Highlights

  • White Water Ocean Views
  • No HOA
  • Bungalow
  • Opal Robinson Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of July 2013

Spectacular Walkstreet location west of Highland. This property has spectacular ocean views. Located in a quiet area in south Manhattan Beach. It's a short walk to the beach, downtown and Robinson Elementary School. Live in owners unit now and build later. This location will allow you to build a bigger wider home than a standard sand section lot.

Last Agent to Sell the Property

Ray Joseph

Radius Agent Realty License #01397157 Listed on: 04/22/2013

Radius Agent Realty

Last Buyer's Agent

Ray Joseph

Radius Agent Realty License #01397157 Listed on: 04/22/2013

Radius Agent Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,732

Year Built

  • Built in 1931

Lot Details

  • 2,717

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow

Interior Spaces

  • 2,318 Sq Ft Home
  • Living Room with Fireplace
  • White Water Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 2,717 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 73
  • Tax Tract Number 2
  • Assessor Parcel Number 4180025017

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,732

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4180025017
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2318.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1175.58
  • Room Type: Living Room

Exterior Features

  • View: Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 2717.00
  • Lot Size Acres: 0.0620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2717.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 73
  • Tax Lot: 12
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2016
Sold by
Luxury Builders Llc
Bought by
Otto Gary Conrad and Otto Hanna Lee
Current Estimated Value
$8,817,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,310,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2013
Sold by
Kassabian Dikran V
Bought by
Luxury Builders Llc

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 24, 2013
Sold by
Atlas B Llc
Bought by
Kassabian Dikran and Kassabian Andrea C
Seller's Agent
Ray Joseph
Radius Agent Realty
Buyer's Agent
Ray Joseph
Radius Agent Realty
List Price
$2,999,000
Sold Price
$2,725,000
Premium/Discount to List
-$274,000
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$1,500,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
Weinsheink Jerry
Bought by
Atlas B Llc

Purchase Details

Closed on
Jan 31, 2011
Sold by
Weinsheink Jerry
Bought by
Weinsheink Jerry and Cherney Marianne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$934,200
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Weinsheink Jerome R
Bought by
Weinsheink Jerome R and Cherney Marianne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,500
Interest Rate
5.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Otto Gary Conrad $7,310,000 Usa National Title Co
Luxury Builders Llc -- None Available
Kassabian Dikran $2,725,027 Usa National Title Company
Atlas B Llc -- None Available
Weinsheink Jerry -- Ticor Title Co
Weinsheink Jerome R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otto Gary Conrad $7,310,000
Previous Owner Kassabian Dikran $1,500,000
Previous Owner Weinsheink Jerry $934,200
Previous Owner Weinsheink Jerome R $384,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2013 07/23/13 Sold $2,725,000 -9.1% $1,176 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $2,999,000 -- $1,294 / 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 $93,732 $8,483,879 $4,212,924 $4,270,955
2024 $93,732 $8,317,529 $4,130,318 $4,187,211
2023 $91,397 $8,154,441 $4,049,332 $4,105,109
2022 $89,796 $7,994,551 $3,969,934 $4,024,617
2021 $88,066 $7,837,796 $3,892,093 $3,945,703
2019 $85,669 $7,605,324 $3,776,652 $3,828,672
2018 $84,051 $7,456,200 $3,702,600 $3,753,600
2017 $82,242 $7,310,000 $3,630,000 $3,680,000
2016 $31,218 $2,821,831 $2,459,394 $362,437
2015 $30,569 $2,779,445 $2,422,452 $356,993
2014 $30,134 $2,725,000 $2,375,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13072169

California Regional Multiple Listing Service (CRMLS)

APN: 4180-025-017