701 7th St Hermosa Beach, CA 90254
Estimated Value: $2,528,948 - $3,503,000
5
Beds
4
Baths
3,060
Sq Ft
$923/Sq Ft
Est. Value
About This Home
This home is located at 701 7th St, Hermosa Beach, CA 90254 and is currently estimated at $2,825,487, approximately $923 per square foot. 701 7th St is a home located in Los Angeles County with nearby schools including Hermosa Valley Elementary School, Hermosa View Elementary School, and Our Lady of Guadalupe School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2016
Sold by
Kernochan Steven
Bought by
Kernochan Steven S and Kernochan Jessica M
Current Estimated Value
Purchase Details
Closed on
Sep 17, 2014
Sold by
Erickson Randy William
Bought by
Kernochan Steven and Kernochan Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,183,125
Outstanding Balance
$913,393
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,912,094
Purchase Details
Closed on
May 23, 2014
Sold by
Erickson Candace Swire
Bought by
Erickson Randy William and Erickson Candace Swire
Purchase Details
Closed on
Sep 14, 2005
Sold by
Erickson Randy and Erickson Candace Swire
Bought by
Erickson Candace Swire
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2004
Sold by
Erickson Candace Swire
Bought by
Erickson Randy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 10, 2002
Sold by
Erickson Randy and Erickson Candace Swire
Bought by
Erickson Randy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Purchase Details
Closed on
Mar 8, 2001
Sold by
Jcc Hermosa Beach Llc
Bought by
Erickson Randy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kernochan Steven S | -- | None Available | |
| Kernochan Steven S | -- | None Available | |
| Kernochan Steven | $1,578,000 | Chicago Title Company | |
| Erickson Randy William | -- | None Available | |
| Erickson Candace Swire | -- | Chicago Title Co | |
| Erickson Randy | -- | -- | |
| Erickson Candace Swire | -- | Ctc | |
| Erickson Randy | -- | Commonwealth Land Title Co | |
| Erickson Randy | $698,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kernochan Steven | $1,183,125 | |
| Previous Owner | Erickson Candace Swire | $942,500 | |
| Previous Owner | Erickson Candace Swire | $814,000 | |
| Previous Owner | Erickson Randy | $600,000 | |
| Previous Owner | Erickson Randy | $525,000 |
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 | $20,215 | $1,895,910 | $1,334,171 | $561,739 |
| 2024 | $20,215 | $1,858,736 | $1,308,011 | $550,725 |
| 2023 | $19,800 | $1,822,291 | $1,282,364 | $539,927 |
| 2022 | $19,444 | $1,786,561 | $1,257,220 | $529,341 |
| 2021 | $19,092 | $1,751,531 | $1,232,569 | $518,962 |
| 2019 | $18,589 | $1,699,581 | $1,196,011 | $503,570 |
| 2018 | $17,953 | $1,666,257 | $1,172,560 | $493,697 |
| 2016 | $17,055 | $1,601,556 | $1,127,029 | $474,527 |
| 2015 | $16,728 | $1,577,500 | $1,110,100 | $467,400 |
| 2014 | $9,162 | $858,598 | $489,837 | $368,761 |
Source: Public Records
Map
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