NOT LISTED FOR SALE

Estimated Value: $8,249,476 - $8,572,000

5 Beds
4.5 Baths
4,845 Sq Ft
$1,730/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $5,300,000 $1,094 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $50,003/month

112 Days on Market

Highlights

  • Ocean View
  • Outdoor Fireplace
  • No HOA
  • Pacific Elementary School Rated A
  • High Ceiling
  • 4-minute walk to Live Oak Park

About This Home

As of September 2016

Over $500,000 price reduction. The time is NOW to buy this BRAND NEW CUSTOM BUILT, OCEAN VIEW HOME you’ve been hoping for in MANHATTAN BEACH! This Spectacular Custom Coastal Contemporary Home took 3 years to design and build. It is conveniently located a stone's throw from Downtown Manhattan Beach and the Pacific Ocean in the American Martyrs’ Hills. Consisting of 5 bedrooms and 5 bathrooms, this 4845 square foot masterpiece has all the amenities of a true entertainer's dream. Enjoy indoor/outdoor living on the main home level which opens to the backyard with two covered patios and a drought resistant lawn. The basement covers the entire footprint of the house and includes a guest suite, large media area and ample space for game tables or the creation of another bedroom suite. Enjoy the sunset and seasonal downtown fireworks from the spacious 3rd floor ocean-view deck and Master Bedroom. Other features include: walk-in wine cellar / tasting room with 2 built-in Thermador wine refrigerators, Master Chef's kitchen with top line appliances, a 3-stop elevator, reclaimed wood beam ceilings, custom tile mosaics, white oak flooring, wired for air-conditioning, Central Vac, and security / AV.

Last Agent to Sell the Property

Gregory Maffei

Vista Sotheby’s International Realty License #01091979 Listed on: 04/04/2016

Vista Sotheby’s International Realty

Co-Listed By

Elaine Quintiliani

Compass License #01924987

Last Buyer's Agent

Barret Pulver

Strand Hill Properties License #01264079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,344

Year Built

  • Built in 2016

Lot Details

  • 5,639 Sq Ft Lot
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 4,845 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Family Room with Fireplace
  • Ocean Views

Kitchen

  • Double Oven
  • Built-In Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Outdoor Fireplace

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 21847
  • Assessor Parcel Number 4171034007

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,344

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171034007
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4845.00
  • Interior Amenities: Beamed Ceilings, Balcony, Crown Molding, Elevator, Copper Plumbing Full, High Ceilings
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Outside, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 1093.91

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Freezer
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5639.00
  • Price Per Lot Square Foot: 975.17

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 21847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Macfarlane Stuart J and Macfarlane Kathleen
Bought by
Macfarlane-Waters Family Trust and Macfarlane
Current Estimated Value
$8,381,869

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 27, 2016
Sold by
Brackett David Daniel
Bought by
Macfarlane Stuart J
Seller's Agent
Gregory Maffei
Vista Sotheby’s International Realty
Buyer's Agent
Barret Pulver
Strand Hill Properties
List Price
$6,199,000
Sold Price
$5,300,000
Premium/Discount to List
-$899,000
-14.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$3,445,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2013
Sold by
Brackett David D
Bought by
Brackett David Daniel and Brackett Lisa Alford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,196,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2013
Sold by
Conrad Philip C
Bought by
Brackett David D and Brackett Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,196,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1994
Sold by
Conrad C F C and Conrad Elsie T
Bought by
Conrad Carroll Frederick
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macfarlane-Waters Family Trust -- None Listed On Document
Macfarlane Stuart J -- None Listed On Document
Macfarlane Stuart J $5,300,000 Progressive Title
Brackett David Daniel -- Usa National Title Company
Brackett David D $1,840,000 Usa National Title Company
Conrad Carroll Frederick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macfarlane Stuart J $3,445,000
Previous Owner Brackett David D $1,196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $5,300,000 -3.6% $1,094 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/22/2016 06/22/16 Price Changed $5,499,000 -6.8% $1,135 / Sq Ft
05/31/2016 05/31/16 Price Changed $5,899,000 -1.7% $1,218 / Sq Ft
05/05/2016 05/05/16 Price Changed $5,999,000 -3.2% $1,238 / Sq Ft
04/04/2016 04/04/16 For Sale $6,199,000 -- $1,279 / 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 $68,344 $6,151,102 $4,062,050 $2,089,052
2024 $68,344 $6,030,493 $3,982,402 $2,048,091
2023 $66,539 $5,912,249 $3,904,316 $2,007,933
2022 $65,377 $5,796,323 $3,827,761 $1,968,562
2021 $64,120 $5,682,670 $3,752,707 $1,929,963
2020 $63,523 $5,624,402 $3,714,228 $1,910,174
2019 $62,379 $5,514,120 $3,641,400 $1,872,720
2018 $61,139 $5,406,000 $3,570,000 $1,836,000
2016 $36,182 $3,285,949 $1,905,383 $1,380,566
2015 $20,703 $1,876,762 $1,126,057 $750,705
2014 $20,411 $1,840,000 $1,104,000 $736,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16069566

California Regional Multiple Listing Service (CRMLS)

APN: 4171-034-007