NOT LISTED FOR SALE

601 1st St Unit 7 Hermosa Beach, CA 90254

Estimated Value: $1,433,000 - $1,700,000

3 Beds
3 Baths
1,529 Sq Ft
$325/mo HOA Fee

Last Sold April 09, 2015

Last sale price $925,000 $605 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,942/month

12 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Corner Lot
  • Hermosa Valley Elementary School Rated A
  • 0.59 Acre Lot
  • 4-minute walk to Bi-Centennial Park

About This Home

As of April 2015

Great Corner Unit: Like new home located away from the street for enjoyment of a fabulous Beach Lifestyle. Beautiful 3 bedroom townhome: Nice sized Master suite with oversized closet, Over 1,500 sq feet of gorgeous living space including downstairs bedroom with full bath. Wide open top floor with deck facing out west, living room with fireplace and dining room. Open Gourmet Kitchen and large center island. Enjoy recessed lighting, high ceilings with ceiling fans for cool summers. 2 car private garage with tons of storage. Located in a quiet south Hermosa neighborhood, short walk to the greenbelt, beach, shops and restaurants. A superb floor plan: All around great property and great opportunity to live at the Beach!

Last Agent to Sell the Property

Milaad Forootan

Titan Pacific Group Inc License #01425386 Listed on: 02/06/2015

Last Buyer's Agent

Kelly Garcia

Keller Williams Beach Cities License #01939338

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,909

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,529 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Storage
  • Carpet
  • Home Security System

Kitchen

  • Galley Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7
  • Assessor Parcel Number 4188023045

Community Details

Overview

  • 11 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,909

Year Built

Built in 1990

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Security System
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4188023045
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1529.00
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Recessed Lighting, Storage, Wired for Sound
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 604.97
  • Room Type: Galley Kitchen, Master Bedroom
  • Spa Features: Association

Exterior Features

  • Foundation: Slab
  • View: City Lights, Neighborhood
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 25894.00
  • Lot Size Acres: 0.5940

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25894.0000 Square Feet
  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Ratcliff Martin Wade and Shelley Anais
Bought by
Arredondo Ratcliff Family Trust
Current Estimated Value
$1,583,034

Purchase Details

Listed on
Feb 6, 2015
Closed on
Feb 20, 2015
Sold by
Zandpour Ben
Bought by
Ratcliff Martin Wade and Arredondo Shelley Annis
Seller's Agent
Milaad Forootan
Titan Pacific Group Inc
Buyer's Agent
Kelly Garcia
Keller Williams Beach Cities
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$732,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Goldstein Bonni
Bought by
Zandpour Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1999
Sold by
Soldera James D
Bought by
Goldstein Bonni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
7.5%

Purchase Details

Closed on
Jul 12, 1999
Sold by
Kiesecker Peter J
Bought by
Goldstein Bonni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
7.5%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Hawthorne S & L Assn
Bought by
Kiesecker Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.75%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Hawthorne Financial Corp
Bought by
Hawthorne S & L Assn
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
Arredondo Ratcliff Family Trust -- --
Ratcliff Martin Wade $925,000 Western Resources Title
Zandpour Ben $585,000 Gtc
Goldstein Bonni -- North American Title Co
Goldstein Bonni $408,000 North American Title Co
Kiesecker Peter J $294,000 --
Hawthorne S & L Assn $235,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratcliff Martin Wade $640,900
Previous Owner Ratcliff Martin Wade $45,750
Previous Owner Ratcliff Martin Wade $732,000
Previous Owner Zandpour Ben $468,000
Previous Owner Goldstein Bonni $44,000
Previous Owner Goldstein Bonni $387,600
Previous Owner Kiesecker Peter J $263,200
Closed Zandpour Ben $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $925,000 -2.6% $605 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $950,000 -- $621 / 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 $11,909 $1,111,700 $860,279 $251,421
2024 $11,909 $1,089,903 $843,411 $246,492
2023 $11,666 $1,068,533 $826,874 $241,659
2022 $11,456 $1,047,582 $810,661 $236,921
2021 $11,268 $1,027,042 $794,766 $232,276
2019 $10,972 $996,582 $771,194 $225,388
2018 $10,604 $977,042 $756,073 $220,969
2016 $10,078 $939,105 $726,715 $212,390
2015 $7,604 $704,969 $494,084 $210,885
2014 $7,349 $691,161 $484,406 $206,755
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: OC15026228

California Regional Multiple Listing Service (CRMLS)

APN: 4188-023-045