NOT LISTED FOR SALE

632 Manhattan Beach Blvd Unit C Manhattan Beach, CA 90266

Estimated Value: $1,640,298 - $2,518,000

2 Beds
2.5 Baths
1,424 Sq Ft
$150/mo HOA Fee

Last Sold March 02, 2012

Last sale price $700,000 $492 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $11,714/month

79 Days on Market

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Skylights
  • Opal Robinson Elementary School Rated A
  • Deck
  • 2 Car Attached Garage

About This Home

As of March 2012

Price Recently Reduced! This amazingly located spacious 2 bedroom, 2.5 bathroom condominium is equipped with a large deck off the living room for views of the pacific ocean. The property is just steps away from the heart of Manhattan Beach near shops and restaurants and only a few blocks from the sand and pier. Priced exceptionally well as an investment, summer home or rental, the property will not be on the market much longer. Each bedroom includes its own full bath and walk-in closets. The living room boasts a stone accented fireplace, breakfast bar, and separate dining area with a sunlit skylight. An inside laundry area with extra storage closets in the hallways, a 2 car garage and a separate storage room on the exterior dedicated to this unit allows plenty of room to store beach gear. Act quickly and bring your buyers! SELLER REQUIRES ALL OFFERS INCLUDE PRE-APPROVAL LETTER FROM REPUTABLE LENDER.

Last Agent to Sell the Property

Eric Paine

Volant Realty Partners Inc License #01424140 Listed on: 11/09/2011

Last Buyer's Agent

Kirsten Cole

Vista Sotheby’s International Realty License #01450452

Vista Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 4,792

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Property Views

  • Ocean
  • Woods

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,424 Sq Ft Home
  • Skylights
  • Track Lighting
  • Fireplace With Gas Starter
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet

Outdoor Features

  • Deck
  • Wood Patio

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 0.11
  • Tax Tract Number 35296
  • Assessor Parcel Number 4170021054

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4170021054
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1424.00
  • Interior Amenities: Storage, Tile Counters, Track Lighting
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 491.57
  • Room Type: All Bedrooms Down, Walk-In Closet
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • View: Ocean, Trees/Woods
  • Fence: No
  • Patio And Porch Features: Deck, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Electric Cooking
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 5006.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5006.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 0.11
  • Tax Tract Number: 35296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2013
Sold by
Onwuegbusi Joseph C
Bought by
Onwuegbusi Joseph C and Onwuegbusi Stephanie
Current Estimated Value
$2,070,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$455,399
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$1,614,926

Purchase Details

Listed on
Nov 9, 2011
Closed on
Feb 3, 2012
Sold by
U S Bank National Association
Bought by
Onwuegbusi Joseph C and Morphis Stephanie
Seller's Agent
Eric Paine
Volant Realty Partners Inc
Buyer's Agent
Kirsten Cole
Vista Sotheby’s International Realty
List Price
$818,000
Sold Price
$700,000
Premium/Discount to List
-$118,000
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$625,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2011
Sold by
Adler Linda
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 23, 2010
Sold by
Lee Timothy
Bought by
Manhattan Beach Trust and Trust Holding Service Co

Purchase Details

Closed on
Jul 13, 2010
Sold by
632 Manhattan Beach Trust
Bought by
Lee Timothy

Purchase Details

Closed on
Jun 20, 2010
Sold by
Joo Soo Jin
Bought by
632 Manhattan Beach Trust and Trust Holding Service Co

Purchase Details

Closed on
Jun 1, 2010
Sold by
632 Manhattan Beach Trust
Bought by
Joo Soo Jin

Purchase Details

Closed on
Apr 14, 2010
Sold by
Segovia Luis
Bought by
632 Manhattan Beach Trust and Trust Holding Service Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2010
Sold by
632 Manhattan Beach Trust
Bought by
Segovia Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2010
Sold by
Adler Linda
Bought by
632 Manhattan Beach Trust and Trust Holding Service Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
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
Onwuegbusi Joseph C -- Progressive Title Company
Onwuegbusi Joseph C $700,000 Lsi Title Company
U S Bank National Association $705,274 Accommodation
Manhattan Beach Trust -- None Available
Lee Timothy -- None Available
632 Manhattan Beach Trust -- None Available
Joo Soo Jin -- None Available
632 Manhattan Beach Trust -- None Available
Segovia Luis -- None Available
632 Manhattan Beach Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onwuegbusi Joseph C $644,000
Closed Onwuegbusi Joseph C $625,250
Previous Owner Segovia Luis $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2012 03/02/12 Sold $700,000 -1.8% $492 / Sq Ft
01/20/2012 01/20/12 Price Changed $712,800 -4.4% $501 / Sq Ft
01/05/2012 01/05/12 Price Changed $745,750 -5.0% $524 / Sq Ft
12/19/2011 12/19/11 Price Changed $785,000 -1.9% $551 / Sq Ft
12/03/2011 12/03/11 Price Changed $799,900 -2.2% $562 / Sq Ft
11/09/2011 11/09/11 For Sale $818,000 -- $574 / 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 $10,136 $879,227 $565,345 $313,882
2024 $10,136 $861,988 $554,260 $307,728
2023 $9,862 $845,088 $543,393 $301,695
2022 $9,696 $828,519 $532,739 $295,780
2021 $9,550 $812,275 $522,294 $289,981
2019 $9,299 $788,184 $506,803 $281,381
2018 $9,111 $772,730 $496,866 $275,864
2016 $8,344 $742,725 $477,573 $265,152
2015 $8,172 $731,570 $470,400 $261,170
2014 $8,064 $717,241 $461,186 $256,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S679500

California Regional Multiple Listing Service (CRMLS)

APN: 4170-021-054