NOT LISTED FOR SALE

Estimated Value: $8,456,000 - $10,125,000

4 Beds
5 Baths
4,869 Sq Ft
$1,914/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $7,100,000 $1,458 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $57,091/month

23 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Gourmet Kitchen
  • Opal Robinson Elementary School Rated A
  • Solar Power System
  • Primary Bedroom Suite

About This Home

As of May 2018

This impressive home resides on a premier ocean view lot in the prestigious Manhattan Beach Hill Section. This luxurious setting coupled with a casual open concept is perfect for entertaining. Enjoy virtually unblockable ocean views and the resort like backyard, complete w/pool/Jacuzzi, built in BBQ, f/p, pizza oven & fire pit. The main level offers ocean views and a gourmet kitchen, family room, living room with 20-foot ceilings, powder room, formal dining room with coffered ceilings and man-cave w/attached office & bath. Large windows on the second level create a bright & sunny living space w/sweeping ocean views from the staircase and landing. The master features ocean views, walk-in closet, f/p, attached office. Master bath has a soaking tub, double vanities, steam shower & heated floors. The second bedroom is an en-suite and two additional bedrooms offer ocean views & have a shared bath. Additional features include roof deck w/panoramic views, solar panels & underground utilities.

Last Agent to Sell the Property

Colleen Lambert

PreVue Properties License #01416264 Listed on: 02/20/2018

Last Buyer's Agent

Holly Kauffman

License #01948745

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,538

Year Built

  • Built in 1998

Lot Details

  • 7,742 Sq Ft Lot
  • South Facing Home
  • Sprinkler System
  • Property is zoned MNRS

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,869 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Features

  • Solar Power System
  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4170-042-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,538

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Advertising Remarks: This impressive home resides on a premier ocean view lot in the prestigious Manhattan Beach Hill Section. This luxurious setting coupled with a casual open concept is perfect for entertaining. Enjoy virtually unblockable ocean views and the resort like backyard, complete w/pool/Jacuzzi, built in BBQ, f/p, pizza oven & fire pit. The main level offers ocean views and a gourmet kitchen, family room, living room with 20-foot ceilings, powder room, formal dining room with coffered ceilings and man-cave w/attached office & bath. Large windows on the second level create a bright & sunny living space w/sweeping ocean views from the staircase and landing. The master features ocean views, walk-in closet, f/p, attached office. Master bath has a soaking tub, double vanities, steam shower & heated floors. The second bedroom is an en-suite and two additional bedrooms offer ocean views & have a shared bath. Additional features include roof deck w/panoramic views, solar panels & underground utilities.
  • Entry Location: Foyer
  • Living Area: 4869
  • Stories: 2
  • Year Built: 1998
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Coffered Ceiling(s), High Ceilings (9 Feet+), Home Automation System, Hot Tub, Intercom, Open Floor Plan, Pre-wired for surround sound, Recessed Lighting
  • Fireplace Rooms: Family Room, Gas, Gas and Wood, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In Electric
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island, Open to Family Room, Pantry
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Ceiling Fan, Central Vacuum, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1477.72

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa: Heated with Gas
  • Spa Yn: Yes
  • View: Catalina, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Built-In Storage, Direct Entrance, Door Opener, Garage - 3 Car, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Prewired for alarm system, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4170-042-002
  • Geocode Override: No
  • Lot Size Area: 7742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
May 8, 2018
Sold by
Herra Trava
Bought by
Letourneau Scott
Seller's Agent
Colleen Lambert
PreVue Properties
Buyer's Agent
Holly Kauffman
List Price
$7,195,000
Sold Price
$7,100,000
Premium/Discount to List
-$95,000
-1.32%
Current Estimated Value
$9,320,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,220,272
Avg. Annual Appreciation
3.73%

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 11, 2018
Sold by
Lambert Jeffrey S
Bought by
Letourneau Scott
Seller's Agent
Colleen Lambert
PreVue Properties
Buyer's Agent
Holly Kauffman
List Price
$7,195,000
Sold Price
$7,100,000
Premium/Discount to List
-$95,000
-1.32%

Purchase Details

Closed on
Nov 18, 2016
Sold by
Lambert Jeffrey S
Bought by
Lambert Jeffrey S and Jeffrey S Lambert Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,675
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2011
Sold by
Lambert Jeffrey S
Bought by
Lambert Jeffrey S and Jeffrey S Lambert Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,003,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Sold by
Lambert Jeffrey S
Bought by
Lambert Jeffrey S and Jeffrey S Lambert Living Trust

Purchase Details

Closed on
Aug 4, 2010
Sold by
Lambert Jeffrey S
Bought by
Lambert Jeffrey S

Purchase Details

Closed on
Feb 9, 2007
Sold by
Lambert Jeffrey S
Bought by
Lambert Jeffrey S and Lambert Lisa M

Purchase Details

Closed on
Sep 24, 1997
Sold by
Mulqueen Hazel S
Bought by
Lambert Jeffrey S and Lambert Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.37%

Purchase Details

Closed on
May 25, 1994
Sold by
Mulqueen Hazel S
Bought by
Mulqueen Hazel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

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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
Letourneau Scott -- California Title Company
Letourneau Scott $7,100,000 California Title Company
Lambert Jeffrey S -- First American Title Company
Lambert Jeffrey S -- First American Title Company
Lambert Jeffrey S -- Lsi
Lambert Jeffrey S -- None Available
Lambert Jeffrey S -- None Available
Lambert Jeffrey S -- None Available
Lambert Jeffrey S $1,150,000 Title Land Company
Mulqueen Hazel S -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Jeffrey S $895,675
Previous Owner Lambert Jeffrey S $1,003,000
Previous Owner Lambert Jeffrey S $920,000
Previous Owner Mulqueen Hazel S $35,000
Closed Mulqueen Hazel S $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $7,100,000 -1.3% $1,458 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $7,195,000 -- $1,478 / 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 $91,538 $8,078,585 $5,461,580 $2,617,005
2024 $91,538 $7,920,183 $5,354,491 $2,565,692
2023 $89,296 $7,764,886 $5,249,501 $2,515,385
2022 $87,742 $7,612,634 $5,146,570 $2,466,064
2021 $86,050 $7,463,367 $5,045,657 $2,417,710
2019 $83,827 $7,242,000 $4,896,000 $2,346,000
2018 $30,367 $2,477,737 $1,613,851 $863,886
2016 $29,227 $2,381,526 $1,551,184 $830,342
2015 $28,674 $2,345,754 $1,527,884 $817,870
2014 $28,297 $2,299,805 $1,497,955 $801,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-312846

The MLS

APN: 4170-042-002