NOT LISTED FOR SALE

601 1st St Unit 3 Hermosa Beach, CA 90254

Estimated Value: $1,521,160 - $1,692,000

3 Beds
3 Baths
1,529 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $742,000 $485 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $9,987/month

6 Days on Market

Highlights

  • In Ground Pool
  • Peek-A-Boo Views
  • Open Floorplan
  • Hermosa Valley Elementary School Rated A
  • 0.6 Acre Lot
  • 4-minute walk to Bi-Centennial Park

About This Home

As of July 2012

Sunlight and blue sky surround you in this bright, airy townhouse with three spacious bedrooms and three bathrooms. This is a premier End Unit with lots of windows and two large skylights streaming in the bright sunlight. The open kitchen, with newer appliances and Caesarstone counter tops and all of the bathrooms, have been recently updated. The large Great Room, with vaulted ceiling and gas log fireplace, connects to a West facing patio with a peek-a-boo view of the ocean. This West facing design allows for the flow of cool ocean breezes throughout the year. The Master Suite has a walk in closet, an updated bathroom with a large walk in shower and its own private patio. The third bedroom also has a walk in closet and its own private bathroom. The guest bedroom is connected to yet a third patio. Couple all of this with an inside laundry, attached 2 car garage (with storage), 11 guest parking spaces and a sparkling Community Pool and Spa and you have one of the finest townhomes in Hermosa Beach. PLUS, this move-in ready beauty is just 3/4 mile from the award winning Hermosa Beach schools, 150 yards to the Hermosa Beach Greenbelt (running trail, dog walking), and a short walk to the ocean, the Hermosa Beach Pier, parks, shops and restaurants.

Last Agent to Sell the Property

H. Mark Boyd

Coldwell Banker Residential Br License #01452670 Listed on: 05/30/2012

Last Buyer's Agent

martha alonso

Estate Properties License #01313095

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,924

Year Built

  • Built in 1990

Lot Details

  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Guest Parking

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,529 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Great Room with Fireplace
  • Living Room Balcony
  • L-Shaped Dining Room
  • Storage
  • Peek-A-Boo Views

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Intercom

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 46903
  • Assessor Parcel Number 4188023041

Community Details

Overview

  • Master Insurance
  • 11 Units
  • First Place Homeowners Association
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,924

Year Built

Built in 1990

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Fire and Smoke Detection System, Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4188023041
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1529.00
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Copper Plumbing Full, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Stone Counters
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Dining Ell
  • Fireplace Features: Gas, Great Room
  • Levels: Three Or More
  • Price Per Square Foot: 485.28
  • Room Type: Great Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association, Gunite, Heated, In Ground
  • Window Features: Drapes, Screens, Skylight(s)

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Peek-A-Boo
  • Pool Features: Association, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Door Opener, Guest, Garage Faces Rear, Garage - Single Door

Utilities

  • Utilities: Cable Available, Natural Gas Available, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Earthquake Insurance, Insurance, Maintenance Grounds, Pets Permitted, Pool, Spa/Hot Tub, Trash
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: First Place Homeowners Association
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Hermosa

Lot Info

  • Lot Features: Landscaped, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 25904.00
  • Lot Size Acres: 0.5950

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25904.0000 Square Feet
  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 46903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2016
Sold by
Lakhani Rajan C and Lakhani Rajan Chet
Bought by
Kaira Sherry and Lakhani Rajan C
Current Estimated Value
$1,627,040

Purchase Details

Listed on
May 30, 2012
Closed on
Jun 26, 2012
Sold by
Newfang John A and Newfang Melissa H
Bought by
Lakhani Rajan C
Seller's Agent
H. Mark Boyd
Coldwell Banker Residential Br
Buyer's Agent
martha alonso
Estate Properties
List Price
$735,000
Sold Price
$742,000
Premium/Discount to List
$7,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$260,000
Outstanding Balance
$179,946
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,447,094

Purchase Details

Closed on
Apr 30, 2003
Sold by
Ragins Noam and Ragins Melinda L
Bought by
Newfang John A and Newfang Melissa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2000
Sold by
Russell Patti
Bought by
Russell Brian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
8.62%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Russell Brian H
Bought by
Ragins Noam and Ragins Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
8.62%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Vanriper Douglas R
Bought by
Russell Brian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Vanriper Janet L
Bought by
Vanriper Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
4.75%
Source: Public Records

Range of Values:

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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
Kaira Sherry -- None Available
Lakhani Rajan C $742,000 Orange Coast Title
Newfang John A $619,000 Lawyers Title Company
Russell Brian H -- Equity Title
Ragins Noam $415,000 Equity Title
Russell Brian H $355,000 Southland Title Corporation
Vanriper Douglas R -- Title Land Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhani Rajan C $260,000
Previous Owner Newfang John A $369,000
Previous Owner Ragins Noam $215,000
Previous Owner Newfang John A $419,000
Previous Owner Ragins Noam $332,000
Previous Owner Ragins Noam $41,500
Previous Owner Ragins Noam $332,000
Previous Owner Russell Brian H $260,000
Previous Owner Vanriper Douglas R $291,000
Closed Ragins Noam $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $742,000 +1.0% $485 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $735,000 -- $481 / 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 $9,924 $913,708 $554,138 $359,570
2024 $9,924 $895,793 $543,273 $352,520
2023 $9,724 $878,229 $532,621 $345,608
2022 $9,550 $861,010 $522,178 $338,832
2021 $9,401 $844,129 $511,940 $332,189
2019 $9,157 $819,093 $496,756 $322,337
2018 $8,848 $803,033 $487,016 $316,017
2016 $8,410 $771,852 $468,105 $303,747
2015 $8,250 $760,259 $461,074 $299,185
2014 $7,983 $745,368 $452,043 $293,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12068041

California Regional Multiple Listing Service (CRMLS)

APN: 4188-023-041