Seller's Agent in 2021
David Potter
South Bay Coast Realty
(310) 318-9506
3 in this area
5 Total Sales
721 W 40th St San Pedro, CA 90731
Estimated Value: $902,000 - $1,029,099
2
Beds
1
Bath
1,120
Sq Ft
$850/Sq Ft
Est. Value
Highlights
- Cabana
- Open Floorplan
- Wood Flooring
- RV Access or Parking
- Craftsman Architecture
- 5-minute walk to Point Fermin Park
About This Home
As of November 2021A rare opportunity to live in the historical area of Pt. Fermin. This awesome Craftsman-style house has been well cared for and has a lot of its original charm. This spacious two-bedroom house features original wood floors throughout. The built-in wood buffet cabinets with their original wainscot will leave you in awe. The huge backyard is simply amazing with beautiful landscaping and an incredible patio, barbeque, and entertainment area. There is a very large outdoor living room/kitchen area with a Sunbright outdoor television with separate DirectTV feed (for NFL package) The house is within walking distance of the Korean Bell, Point Fermin Park, and the Point Fermin Lighthouse. The house has a large formal dining room attached to the living room. The house features a spacious open kitchen with a conveniently located attached laundry nook. There are two sunrooms on each side of the house. Enjoy coffee in the front sun porch in the morning and a glass of wine in the sunroom located in the back of the house in the afternoon. The house has its original double-hung windows that are in great working condition. There is a large detached 1 car workshop/garage with a newer garage door. The lot is huge and has plenty of space for RV parking or up to four cars in the driveway. There is a newer roof, recently painted, and has an upgraded electrical throughout with a 200 amp panel.
Last Agent to Sell the Property
South Bay Coast Realty License #01422914 Listed on: 09/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,902
Year Built
- Built in 1922
Lot Details
- 6,101 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR2
Parking
- 1 Car Garage
- Front Facing Garage
- Single Garage Door
- Driveway Down Slope From Street
- Gravel Driveway
- On-Street Parking
- RV Access or Parking
Home Design
- Craftsman Architecture
- Turnkey
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Living Room
- Family or Dining Combination
- Bonus Room
- Sun or Florida Room
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Free-Standing Range
- Range Hood
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Cabana
- Covered Patio or Porch
- Exterior Lighting
Schools
- Dana Middle School
- San Pedro High School
Utilities
- Floor Furnace
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 2 / 8
- Tax Tract Number 14
- Assessor Parcel Number 7467028002
- $188 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Mountainous Community
- Property is near a preserve or public land
Recreation
- Park
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2021
Closed on
Sep 30, 2021
Sold by
Corrales Juan
Bought by
Corrales Victoria Marie Della
Seller's Agent
David Potter
South Bay Coast Realty
Buyer's Agent
Melinda Elmer
Century 21 Masters
List Price
$795,000
Sold Price
$857,000
Premium/Discount to List
$62,000
7.8%
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
$95,275
Avg. Annual Appreciation
2.74%
Original Mortgage
$728,450
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 18, 2021
Closed on
Sep 28, 2021
Sold by
Whitcomb Matthew J and Whitcomb Lauren P
Bought by
Corrales Victoria Marie Della
Seller's Agent
David Potter
South Bay Coast Realty
Buyer's Agent
Melinda Elmer
Century 21 Masters
List Price
$795,000
Sold Price
$857,000
Premium/Discount to List
$62,000
7.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,450
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2017
Sold by
Vassallo Brian
Bought by
Whitcomb Matthew T and Whitcomb Lauren P
Purchase Details
Listed on
Jun 5, 2013
Closed on
Jun 4, 2013
Sold by
Couch Lynn Andrea
Bought by
Vassallo Brian and Vassallo Sheryl
Seller's Agent
Karen Anderson
Keller Williams Palos Verdes
Buyer's Agent
Keith Kelley
Strand Hill Properties
List Price
$479,900
Sold Price
$500,000
Premium/Discount to List
$20,100
4.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$400,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2012
Sold by
Deal Bernard N and Couch Lynn Andrea
Bought by
Couch Lynn Andrea and Deal Bernard N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,050
Interest Rate
3.83%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 9, 2011
Sold by
Scott Gunda Louise
Bought by
Deal Bernard N and Couch Lynn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,860
Interest Rate
4.37%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corrales Victoria Marie Della | -- | Consumers Title | |
| Corrales Victoria Marie Della | $857,000 | Consumers Title | |
| Whitcomb Matthew T | $596,000 | Fidelity National Title Co | |
| Vassallo Brian | $500,000 | Fidelity National Title Co | |
| Couch Lynn Andrea | -- | Lawyers Title | |
| Deal Bernard N | $400,000 | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Corrales Victoria Marie Della | $728,450 | |
| Previous Owner | Vassallo Brian | $400,000 | |
| Previous Owner | Couch Lynn Andrea | $385,050 | |
| Previous Owner | Deal Bernard N | $389,860 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2021 11/18/21 | Sold | $857,000 | +7.8% | $765 / Sq Ft | |
| 09/26/2021 09/26/21 | Pending | -- | -- | -- | |
| 09/18/2021 09/18/21 | For Sale | $795,000 | +59.0% | $710 / Sq Ft | |
| 07/08/2013 07/08/13 | Sold | $500,000 | +4.2% | $476 / Sq Ft | View Prior Sale |
| 06/07/2013 06/07/13 | Pending | -- | -- | -- | |
| 06/05/2013 06/05/13 | For Sale | $479,900 | -- | $457 / 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 | $10,902 | $909,453 | $727,563 | $181,890 |
| 2024 | $10,902 | $891,622 | $713,298 | $178,324 |
| 2023 | $10,690 | $874,140 | $699,312 | $174,828 |
| 2022 | $10,188 | $857,000 | $685,600 | $171,400 |
| 2021 | $7,701 | $639,029 | $511,224 | $127,805 |
| 2019 | $7,470 | $620,077 | $496,062 | $124,015 |
| 2018 | $7,416 | $607,920 | $486,336 | $121,584 |
| 2016 | $6,297 | $517,766 | $414,213 | $103,553 |
| 2015 | $6,205 | $509,990 | $407,992 | $101,998 |
| 2014 | $6,230 | $500,000 | $400,000 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Potter
-
Melinda Elmer
Buyer's Agent in 2021
Melinda Elmer
Century 21 Masters
(562) 316-2915
9 in this area
267 Total Sales
-
Karen Anderson
Seller's Agent in 2013
Karen Anderson
Keller Williams Palos Verdes
(310) 251-2883
97 in this area
221 Total Sales
-
Keith Kelley
Buyer's Agent in 2013
Keith Kelley
Strand Hill Properties
(310) 944-5554
8 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21205413
APN: 7467-028-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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