NOT LISTED FOR SALE

Estimated Value: $5,271,000 - $6,312,000

4 Beds
3 Baths
2,064 Sq Ft
$2,790/Sq Ft Est. Value

Last Sold January 06, 2015

Last sale price $3,300,000 $1,599 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $35,449/month

23 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Multi-Level Bedroom
  • Main Floor Bedroom
  • Hermosa Valley Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Noble Park

About This Home

As of January 2015

A classic, south-facing, original Hermosa beach house on a walk street less than 1 block from the beach! This buildable lot currently holds a classic two-story cottage style home, straight out of a coastal living magazine, w/3 bedrooms & 2 baths in the main house & a bonus 1 bedroom apartment/loft over the garage in the rear! A large front patio opens to the tree lined walk street that leads right to the beach, w/abundant space for outdoor dining & entertainment, while a courtyard lies between the units providing a patio for the rear unit or just a more private area to enjoy. A delightful dutch door welcomes you inside the front house which is flooded w/sunshine & charm. Original hardwood floors & crisp white wood finished walls set the backdrop for quintessential beach living. The owners have brought modern living into a classic home w/details & touches throughout that make this home a functional retreat. A mud room/pantry room off the kitchen opens to the rear courtyard. A large bonus area under the house provides so much extra storage & potential for creative fun family space. The large one bedroom apartment sits over an oversized 3 car garage, allowing for parking up to six. Park the car & walk/bike to all that's great about Hermosa strand living.

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc License #01198999 Listed on: 10/14/2014

eXp Realty of California Inc

Last Buyer's Agent

Giovanni Altamura

S C Real Estate License #01818979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,557

Year Built

  • Built in 1908

Lot Details

  • 2,859 Sq Ft Lot
  • Property fronts an alley
  • South Facing Home
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Multi-Level Bedroom
  • Mirrored Closets Doors
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Brick Porch or Patio

Utilities

  • Floor Furnace
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 22 / 19
  • Assessor Parcel Number 4183008023

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,557

Year Built

Built in 1908

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4183008023
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2064.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Storage, Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Area, In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1598.84
  • Room Type: Living Room, Main Floor Bedroom, Multi-Level Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Patio And Porch Features: Brick, Patio Open, Patio
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Hermosa

Lot Info

  • Lot Features: Front Yard, Landscaped, Rectangular Lot, Level with Street, Walkstreet
  • Lot Size Sq Ft: 2859.00
  • Lot Size Acres: 0.0660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2859.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 19
  • Tax Lot: 22
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Nov 12, 2014
Sold by
Chandler Mary J and Privett John L
Bought by
Albe Alvin R and Alvin R Albe Jr Revocable Trus
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Giovanni Altamura
S C Real Estate
List Price
$3,300,000
Sold Price
$3,300,000
Current Estimated Value
$5,759,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,459,071
Avg. Annual Appreciation
5.36%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jun 18, 2014
Sold by
Chandler Mary J and Privett John L
Bought by
Chandler Mary J and Privett John L
Seller's Agent
Ed MacLaughlin
Estate Properties
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$2,799,000
Sold Price
$2,900,000
Premium/Discount to List
$101,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.48%
Original Mortgage
$1,200,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2014
Sold by
Lansing Jill and Jill Lansing Trust
Bought by
Chandler Mary J and Privett John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Lansing Jill D
Bought by
Lansing Jill and Jill Lansing Trust
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
Albe Alvin R $3,300,000 Lawyers Title
Chandler Mary J -- None Available
Chandler Mary J $2,900,000 None Available
Lansing Jill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albe Alvin R $3,290,000
Closed Albe Alvin R $2,000,000
Previous Owner Albe Alvin R $2,000,000
Previous Owner Chandler Mary J $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2015 01/06/15 Sold $3,300,000 0.0% $1,599 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $3,300,000 +13.8% $1,599 / Sq Ft
06/20/2014 06/20/14 Sold $2,900,000 +3.6% $1,405 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $2,799,000 -- $1,356 / 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 $49,557 $4,690,896 $3,605,548 $1,085,348
2024 $49,557 $4,598,918 $3,534,851 $1,064,067
2023 $48,525 $4,508,744 $3,465,541 $1,043,203
2022 $47,652 $4,420,339 $3,397,590 $1,022,749
2021 $46,675 $4,333,667 $3,330,971 $1,002,696
2020 $46,331 $4,289,231 $3,296,816 $992,415
2019 $45,442 $4,205,129 $3,232,173 $972,956
2018 $39,815 $3,732,517 $3,168,798 $563,719
2016 $35,409 $3,350,325 $3,045,750 $304,575
2015 $31,111 $2,957,942 $2,702,947 $254,995
2014 $4,002 $348,639 $254,421 $94,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14220572

California Regional Multiple Listing Service (CRMLS)

APN: 4183-008-023