NOT LISTED FOR SALE

555 3rd St Hermosa Beach, CA 90254

Estimated Value: $1,846,000 - $2,191,000

0.05 Acre
$40,445,280 Price per Acre
2,493 Sq Ft Lot

Last Sold February 26, 2013

Last sale price $600,000 $316 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $11,087/month

13 Days on Market

Highlights

  • Views
  • Hermosa Valley Elementary School Rated A
  • 1-minute walk to Bi-Centennial Park

About This Lot

As of February 2013

Great Opportunity to build on one of the last vacant lots in the area. Directly behind the Hermosa Valley Green Belt Park. 7 blocks to the marina and beach. Soils Investigation performed 3/14/08 by NorCal Engineering Geotechnical Consultants. Two sets of proposed plans "not for construction" are also available.

Last Agent to Sell the Property

Joseph Custer

eXp Realty of California Inc License #01846723 Listed on: 01/13/2013

eXp Realty of California Inc

Last Buyer's Agent

Dunham Stewart

License #01006738

Property Details

Property Type

  • Land

Lot Details

  • 2,493 Sq Ft Lot
  • Property is zoned HBR1YY

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4188-026-003

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4188-026-003
  • Geocode Override: No
  • Lot Size Area: 2493
  • Staked: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2017
Sold by
West Mark
Bought by
West Jacquelyn A
Current Estimated Value
$2,022,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$279,378
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,742,886

Purchase Details

Closed on
Apr 4, 2017
Sold by
West Mark and West Mark Daniel
Bought by
West Mark and West Jacquelyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$279,378
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,742,886

Purchase Details

Listed on
Jan 13, 2013
Closed on
Feb 5, 2013
Sold by
Dimeglio Maria and Ryan Kristen
Bought by
Busse Adam Troy and Busse Gia Lynn
Seller's Agent
Joseph Custer
eXp Realty of California Inc
Buyer's Agent
Dunham Stewart
List Price
$660,000
Sold Price
$600,000
Premium/Discount to List
-$60,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$420,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2012
Sold by
West Mark and West Jaki
Bought by
West Mark and West Jaki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
West Mark and West Jaki
Bought by
West Mark and West Jaki

Purchase Details

Closed on
Oct 19, 1993
Sold by
Stumpus Robert M and Stumpus Judy K
Bought by
West Mark Daniel and West Jacquelyn Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Jacquelyn A -- Progressive Title
West Mark -- Progressive Title
Busse Adam Troy $600,000 Fidelity National Title
West Mark -- Progressive Title
West Mark -- --
West Mark -- --
West Mark Daniel $305,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Mark $337,500
Closed Busse Adam Troy $420,000
Previous Owner West Mark $172,000
Previous Owner West Mark Daniel $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $600,000 -9.1% $316 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $660,000 -- $348 / Sq Ft
Source: The MLS

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 $6,280 $558,967 $414,710 $144,257
2024 $6,280 $548,008 $406,579 $141,429
2023 $6,086 $537,263 $398,607 $138,656
2022 $5,976 $526,730 $390,792 $135,938
2021 $5,913 $516,403 $383,130 $133,273
2019 $5,759 $501,088 $371,767 $129,321
2018 $5,548 $491,264 $364,478 $126,786
2016 $5,263 $472,189 $350,326 $121,863
2015 $5,163 $465,097 $345,064 $120,033
2014 $4,959 $455,987 $338,305 $117,682
Source: Public Records

Agents Affiliated with this Home

  • Joseph Custer

    Seller's Agent in 2013

    Joseph Custer

    eXp Realty of California Inc

    (323) 252-2264

    25 Total Sales

    Joseph Custer
    Section Image

  • D

    Buyer's Agent in 2013

    Dunham Stewart

See All Agents

Map

Source: The MLS

MLS Number: 13-646843

The MLS

APN: 4188-026-004

California Los Angeles County Hermosa Beach 90254

555 3rd St, Hermosa Beach, CA

Not Listed for Sale

Lots

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