NOT LISTED FOR SALE

620 1st Place Hermosa Beach, CA 90254

Estimated Value: $1,405,000 - $3,065,000

4 Beds
3.5 Baths
2,986 Sq Ft
4,835 Sq Ft Lot

Last Sold November 04, 2022

Last sale price $3,260,000 $1,092 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $13,385/month

119 Days on Market

Highlights

  • Ocean View
  • New Construction
  • 2 Car Attached Garage
  • Hermosa View Elementary School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Bi-Centennial Park

About This Home

As of November 2022

Proudly offering a brand new townhome by Revere Real Estate Development, a leader in new home development in Southern California. 620 1st Place comes finished with the highest quality craftsmanship and contemporary finishes throughout. Each home has four bedrooms and three and one half bathrooms, three stop elevator, rooftop deck with full outdoor kitchen and ocean views. This 1st Place location places you in the heart of the beach lifestyle with a short walk to the sand and water, beach volleyball, restaurants and nightlife while being just far enough from the hustle of downtown Hermosa Beach. For a finish guide, questions about floorplans or view potentials, please inquire. Estimated Completion September ’22.

Last Agent to Sell the Property

Mark Leddy

Compass License #01519607 Listed on: 04/21/2022

Compass

Last Buyer's Agent

Lauren Herwitt

Vista Sotheby's International Realty License #02081963

Vista Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,835

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,986 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Mira Costa High School

Additional Features

  • No Common Walls
  • Suburban Location
  • Central Air

Community Details

  • Master Insurance
  • 2 Units
  • Maintained Community

Listing and Financial Details

  • Tax Lot 129
  • Tax Tract Number 621

Property Details

Home Type

Condominium

Year Built

Built in 2022 | New Construction

Lot Details

4,835 Sq Ft Lot

HOA Fees

$263 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2986.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1091.76
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Electricity, Insurance, Maintenance Grounds
  • Association Fee: 263.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • High School: Mira Costa
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.85534800

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 129
  • Tax Tract Number: 621...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2016
Sold by
Kearse James and Kearse Ruzica
Bought by
The James & Ruzica Kearse Living Trust
Current Estimated Value
$2,372,230

Purchase Details

Closed on
Jun 10, 1999
Sold by
Kearse Diana
Bought by
Kearse James and Kearse Ruzica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$13,024
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,359,206

Purchase Details

Closed on
Aug 15, 1996
Sold by
Hoskinson Larry and Neff Leslie
Bought by
Kearse James and Kearse Ruzica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
8.42%
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
The James & Ruzica Kearse Living Trust -- None Available
Kearse James -- Fidelity National Title Co
Kearse James $205,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kearse James $50,000
Previous Owner Kearse James $194,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $3,260,000 -0.8% $1,092 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $3,285,000 -- $1,100 / 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 $7,722 $689,329 $444,870 $244,459
2024 $7,722 $675,814 $436,148 $239,666
2023 $7,572 $662,564 $427,597 $234,967
2022 $7,437 $649,573 $419,213 $230,360
2021 $7,345 $636,838 $410,994 $225,844
2019 $7,157 $617,951 $398,804 $219,147
2018 $6,866 $605,835 $390,985 $214,850
2016 $6,514 $582,311 $375,803 $206,508
2015 $6,392 $573,566 $370,159 $203,407
2014 $6,165 $562,332 $362,909 $199,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22081574

California Regional Multiple Listing Service (CRMLS)

APN: 4188-027-023

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