NOT LISTED FOR SALE

Estimated Value: $1,534,779 - $1,628,000

2 Beds
3 Baths
1,501 Sq Ft
$1,054/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $885,000 $590 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,731/month

97 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Hermosa View Elementary School Rated A
  • 9,185 Sq Ft lot
  • 2-minute walk to Bi-Centennial Park

About This Home

As of November 2016

This is one of 7 units in a complex that was built in 1985 and completely renovated in 2003 by Villa d'Arte Development. This Timeless warm, contemporary design has white shaker-style cabinets in the kitchen, maple cabinets in the bathrooms, and wood passage doors with lami-glass inserts, travertine floors, granite counters and many other stylish amenities. Newer Cherry floors in Living Room help make this terrific floor plan sing. Very large living room highlighted by a fireplace, and clearstory space with windows that reach from the floor to vaulted ceilings on the floor above. Sliding doors lead to the spacious ocean view patio. There are two very spacious bedrooms, one with a separate exit to an ocean view balcony and exit stairs, and one with views of Palos Verdes and a private Ocean View balcony as well as a walk in closet and spa tub shower. This unit has a truly inspiring interior that will definitely surprise you. There are two spaces in the gated parking structure as well as a spacious storage room. The complex includes a massive community patio lined with beautiful greenery. This is a wonderful place to live in a complex that is almost entirely owner occupied.

Last Agent to Sell the Property

Robert Freedman

DOMO Real Estate License #00711607 Listed on: 09/16/2016

Co-Listed By

Greg Geilman

DOMO Real Estate License #01788567

Last Buyer's Agent

Mike Bauman

Aspire Realty Advisors License #02007267

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,082

Year Built

  • Built in 1985

Lot Details

  • 9,185 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,501 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 111
  • Assessor Parcel Number 4188029087

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,082

Year Built

Built in 1985

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Hermosa Valley
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4188029087
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1501.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Copper Plumbing Full, Living Room Balcony, Stone Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 589.61
  • Room Type: All Bedrooms Up, Entry, Foyer, Living Room, Two Masters, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Ocean
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 9185.00

Multi Family

  • Lease Considered: Yes

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Nov 2, 2016
Sold by
715 Third Street Corporation
Bought by
Kirk Jason Lester
Seller's Agent
Robert Freedman
DOMO Real Estate
Buyer's Agent
Mike Bauman
Aspire Realty Advisors
List Price
$899,900
Sold Price
$885,000
Premium/Discount to List
-$14,900
-1.66%
Current Estimated Value
$1,582,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,695
Avg. Annual Appreciation
6.87%
Original Mortgage
$525,000
Outstanding Balance
$424,394
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,158,301
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
Kirk Jason Lester $885,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Jason Lester $525,000
Previous Owner 715 Third Street Corp $370,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $885,000 -1.7% $590 / Sq Ft
07/19/2016 07/19/16 For Sale $899,900 0.0% $600 / Sq Ft
05/09/2014 05/09/14 Rented $3,990 +2.3% --
05/09/2014 05/09/14 For Rent $3,900 +11.4% --
11/12/2012 11/12/12 Rented $3,500 -10.3% --
11/05/2012 11/05/12 Under Contract -- -- --
09/06/2012 09/06/12 For Rent $3,900 -- --
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 $11,082 $1,027,113 $775,733 $251,380
2024 $11,082 $1,006,974 $760,523 $246,451
2023 $10,857 $987,230 $745,611 $241,619
2022 $10,662 $967,874 $730,992 $236,882
2021 $10,492 $948,897 $716,659 $232,238
2019 $10,217 $920,753 $695,403 $225,350
2018 $9,885 $902,700 $681,768 $220,932
2016 $5,139 $458,788 $336,447 $122,341
2015 $5,043 $451,898 $331,394 $120,504
2014 $4,841 $443,047 $324,903 $118,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16704435

California Regional Multiple Listing Service (CRMLS)

APN: 4188-029-087