NOT LISTED FOR SALE

541 Bayview Dr Hermosa Beach, CA 90254

Estimated Value: $2,320,163 - $2,555,000

3 Beds
3.5 Baths
1,970 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold October 22, 2013

Last sale price $1,425,000 $723 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $14,419/month

38 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Fireplace in Primary Bedroom
  • Hermosa Valley Elementary School Rated A
  • Primary Bedroom Suite
  • 5-minute walk to Ardmore Park

About This Home

As of October 2013

Amazing Hermosa Beach home with spectacular ocean views! This unique 3 bedroom (each with it's own bath), 3.5bath masterpiece is only a short stroll from the beach. Luxury features include Natural Stone Finishes, Distressed Wood Flooring throughout, huge gourmet kitchen with Brazilian granite counters, Viking stainless steel appliances, split level great room with formal dining room and living room, Cat 5 wiring, surround sound built-ins throughout, security system, 3 balconies, private patio and a roof top deck with fireplace and views from the Palos Verdes Peninsula through the Hermosa Pier.

Last Agent to Sell the Property

Mike Diamond

Michael Diamond, Broker License #01768909 Listed on: 08/06/2013

Last Buyer's Agent

Steven Mullins

Vista Sotheby’s International Realty License #01487977

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2006

Lot Details

  • 2,902 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 1,970 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Beach Access
  • Outdoor Fireplace

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6211
  • Assessor Parcel Number 4188010088

Townhouse Details

Home Type

Townhome

Year Built

Built in 2006

Lot Details

2,902 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4188010088
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1970.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Master Bedroom, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 723.35
  • Room Type: Entry, Family Room, Great Room, Master Suite

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2902.00
  • Lot Size Acres: 0.0670

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2902.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 10, 2013
Sold by
Tass Darren
Bought by
Morrison Michael G and Morrison Andrea L
Seller's Agent
Mike Diamond
Michael Diamond, Broker
Buyer's Agent
Steven Mullins
Vista Sotheby’s International Realty
List Price
$1,595,000
Sold Price
$1,425,000
Premium/Discount to List
-$170,000
-10.66%
Current Estimated Value
$2,446,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,021,291
Avg. Annual Appreciation
4.45%
Original Mortgage
$700,000
Outstanding Balance
$512,848
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,933,443

Purchase Details

Listed on
Feb 20, 2012
Closed on
Apr 19, 2012
Sold by
Reilly Richard
Bought by
Tass Darren
Seller's Agent
Tony Nafissi
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mike Diamond
Michael Diamond, Broker
List Price
$1,395,000
Sold Price
$1,225,000
Premium/Discount to List
-$170,000
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$980,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2007
Sold by
Hokie Development Llc
Bought by
Reilly Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrison Michael G $1,425,000 Progressive Title Co
Tass Darren $1,225,000 Ticor Title Company
Reilly Richard $1,699,000 Lawyers Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Michael G $700,000
Previous Owner Tass Darren $980,000
Previous Owner Reilly Richard $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2013 10/22/13 Sold $1,425,000 -4.7% $723 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
09/04/2013 09/04/13 Price Changed $1,495,000 -6.3% $759 / Sq Ft
08/06/2013 08/06/13 For Sale $1,595,000 +30.2% $810 / Sq Ft
05/22/2012 05/22/12 Sold $1,225,000 -5.4% $622 / Sq Ft View Prior Sale
04/18/2012 04/18/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $1,295,000 -7.2% $657 / Sq Ft
02/20/2012 02/20/12 For Sale $1,395,000 -- $708 / 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 $18,612 $1,746,845 $1,048,107 $698,738
2024 $18,612 $1,712,594 $1,027,556 $685,038
2023 $18,229 $1,679,014 $1,007,408 $671,606
2022 $17,902 $1,646,093 $987,655 $658,438
2021 $17,587 $1,613,818 $968,290 $645,528
2019 $17,124 $1,565,953 $939,571 $626,382
2018 $16,566 $1,535,249 $921,149 $614,100
2016 $15,749 $1,475,635 $885,381 $590,254
2015 $15,447 $1,453,470 $872,082 $581,388
2014 $15,032 $1,425,000 $855,000 $570,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13156516

California Regional Multiple Listing Service (CRMLS)

APN: 4188-010-088

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