Seller's Agent in 2020
John Altamura
S C Real Estate
(310) 291-5603
19 in this area
30 Total Sales
640 12th St Manhattan Beach, CA 90266
Estimated Value: $3,718,000 - $4,501,000
4
Beds
3
Baths
2,843
Sq Ft
$1,415/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- 2 Car Attached Garage
- Pacific Elementary School Rated A
- No HOA
- Walk-In Closet
About This Home
As of November 2020This home is almost FREE. Land value at $2,450,000 to $2,500,000. This is a Tremendous opportunity, Don't let it pass you by.Nestled right above downtown Manhattan Beach, sits this charming Cape Cod home boasting 4 bedrooms, 3 bathrooms, and over 2,800 sq.ft. of living space. Located within a few steps of downtown shops, Outdoor Patio restaurants and the beach, this is a highly desirable area for a family looking be in close proximity to town but still have the family friendly atmosphere of the tree section. 600 block of 12th St showcases many newer built homes. Entry level has 2 car garage, master suite with two adjacent bedrooms with a jack-n-jill bathroom. Next level up has family room with fireplace and patio leading out to views of the neighborhood. Kitchen leads to both family room and living room. Exterior staircase leads to am unobstructed ocean view deck that has a direct view of beautiful Palos Verdes and Catalina. Amenities include: A/C, hardwood flooring throughout, remodeled master bathroom, and a private backyard.
Last Agent to Sell the Property
S C Real Estate License #00935435 Listed on: 07/01/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1986
Lot Details
- 3,016 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Catalina
- Woods
- Hills
- Neighborhood
Interior Spaces
- 2,843 Sq Ft Home
- Entryway
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Schools
- Pacific Elementary School
- Manhattan Beach Middle School
- Mira Costa High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 20 / 115
- Tax Tract Number 6174
- Assessor Parcel Number 4170017023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2020
Closed on
Sep 23, 2020
Sold by
Wright Robert A and Wright Andrew
Bought by
Johnson Cortney E and Johnson Victoria K
Seller's Agent
John Altamura
S C Real Estate
Buyer's Agent
Robb Stroyke
Bayside
List Price
$2,799,000
Sold Price
$2,600,000
Premium/Discount to List
-$199,000
-7.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,421,721
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,600,000
Outstanding Balance
$1,419,894
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,601,827
Purchase Details
Closed on
Aug 15, 2017
Sold by
Wright Robert E
Bought by
Wright Robert E and The Wright Revocable Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$759,063
Interest Rate
4.03%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 26, 2010
Sold by
Wright Robert E and Wright Dona L
Bought by
Wright Robert E and Wright Dona L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2009
Sold by
Wright Robert E and Wright Dona L
Bought by
Wright Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2002
Sold by
Wright Robert E and Wright Dona L
Bought by
Wright Robert E
Purchase Details
Closed on
Jul 22, 1996
Sold by
Wright Robert E
Bought by
Wright Robert E and Wright Dona L
Purchase Details
Closed on
Feb 20, 1996
Sold by
Bartlett Joseph
Bought by
Wright Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
7.12%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Cortney E | $2,600,000 | Usa National Title Company | |
| Wright Robert E | -- | None Available | |
| Wright Robert E | -- | None Available | |
| Wright Robert E | -- | Fidelity National Title | |
| Wright Robert E | -- | Fidelity National Title | |
| Wright Robert E | -- | Fidelity National Title | |
| Wright Robert E | -- | -- | |
| Wright Robert E | -- | -- | |
| Wright Robert E | $599,000 | Investors Title Company | |
| Wright Robert E | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Cortney E | $1,600,000 | |
| Previous Owner | Wright Robert E | $759,063 | |
| Previous Owner | Wright Robert E | $407,000 | |
| Previous Owner | Wright Robert E | $417,000 | |
| Previous Owner | Wright Robert E | $479,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $2,600,000 | -3.7% | $915 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 09/15/2020 09/15/20 | Price Changed | $2,699,000 | -3.6% | $949 / Sq Ft |
| 07/01/2020 07/01/20 | For Sale | $2,799,000 | -- | $985 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $31,557 | $2,814,321 | $2,116,912 | $697,409 |
| 2024 | $31,557 | $2,759,139 | $2,075,404 | $683,735 |
| 2023 | $30,726 | $2,705,039 | $2,034,710 | $670,329 |
| 2022 | $30,194 | $2,652,000 | $1,994,814 | $657,186 |
| 2021 | $29,651 | $2,600,000 | $1,955,700 | $644,300 |
| 2020 | $10,950 | $928,525 | $472,409 | $456,116 |
| 2019 | $10,759 | $910,320 | $463,147 | $447,173 |
| 2018 | $10,515 | $892,471 | $454,066 | $438,405 |
| 2016 | $9,647 | $857,817 | $436,435 | $421,382 |
| 2015 | $9,449 | $844,933 | $429,880 | $415,053 |
| 2014 | $9,322 | $828,383 | $421,460 | $406,923 |
Source: Public Records
Agents Affiliated with this Home
-
John Altamura
-
Vincenzo Altamura
Seller Co-Listing Agent in 2020
Vincenzo Altamura
S C Real Estate
(310) 562-4131
25 in this area
49 Total Sales
-
Robb Stroyke
Buyer's Agent in 2020
Robb Stroyke
Bayside
(310) 938-6008
34 in this area
61 Total Sales
-
Cecilia Agraz
C
Buyer Co-Listing Agent in 2020
Cecilia Agraz
Bayside
(559) 707-8681
6 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20127342
APN: 4170-017-023
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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