NOT LISTED FOR SALE

Estimated Value: $2,197,534 - $3,135,000

0.17 Acre
$15,875,788 Price per Acre
7,430 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $735,000

Est. 267% increase in value since last sale

Current estimated payment $15,876/month

55 Days on Market

Highlights

  • Cul-De-Sac
  • Masonry wall
  • Paved or Partially Paved Lot
  • Paul Ecke-Central Elementary Rated A

About This Lot

As of February 2021

Wonderful Beach close flag lot located on the end of a cul-de-sac street. Only 3 blocks to Beacon's State Beach & the Pacific Ocean. Lot has an existing 1 1/2 " water meter. Water line runs down the flag portion of the lot and sprinklers are installed. Fully fenced plus an existing concrete apron where lot adjoins Hermes Avenue. Two existing (8' x 16' foot) sheds on the lot. Sheds can stay or seller will remove prior to close. Existing story poles are installed on the parcel which show the allowed height (26') and possible setbacks. Site has previously been surveyed. Property is located in the Coastal Zone and plans will be subject to Coastal Commission approval. This desirable location offers privacy and is only mins. to shopping and restaurants plus offers easy freeway access.

Last Listed By

Kyle Murphy

Coldwell Banker Realty License #01847767 Listed on: 11/23/2020

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,088

Year Built

  • 2024

Lot Details

  • 7,430 Sq Ft Lot
  • Cul-De-Sac
  • Masonry wall
  • Wood Fence
  • Fence is in good condition
  • Paved or Partially Paved Lot
  • Level Lot
  • Flag Lot
  • Backyard Sprinklers
  • The property's topography is level & all useable
  • Value in Land
  • Property is zoned Zoning Designation: R8, Minimum lot size is 60 x 90

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2560407300

Community Details

Overview

  • Leu Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$10,088

Year Built

2024

Lot Details

0

Listing Details

  • Assessments: No
  • Improvements: Existing Water meter. Property has been surveyed. Story poles set on site so height can be determined
  • Other Phone Description: 7606135263
  • Possible Use Comments: Single Family Detached Home with possible Accessory Unit
  • Road Surface Type: Paved
  • Subdivision Name Other: LEU
  • Survey: Survey Done
  • View: No
  • Water Body Name: 3 blocks to Pacific Ocean
  • Zoning: Zoning Designation: R8
  • Zoning Description: Minimum lot size is 60 x 90
  • Property Type: Land
  • Parcel Number: 2560407300
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2024

Interior Features

  • Price Per Square Foot: 98.92

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition, Masonry, Wood

Utilities

  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Topography: Level & all useable
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Level with Street, Lot 6500-9999, Flag Lot, Level, Paved, Sprinklers In Rear, Value In Land
  • Lot Size: 72' x 60' x 90' x 149.96' x 20' x 80' Flag lot
  • Lot Size Sq Ft: 7430.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 7430.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Dec 24, 2020
Sold by
Gill Daniel G
Bought by
Hanwit Jonathan
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Michael Bell
Bell & Assoc Realty Group, Inc
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Total Days on Market
55
Current Estimated Value
$2,698,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,963,884
Avg. Annual Appreciation
34.96%

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 17, 2016
Sold by
Us Bank National Association
Bought by
Gill Daniel G
Seller's Agent
Brian Richard
Professional Realty Services
Buyer's Agent
Molly Olen
Windermere Homes & Estates
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.51%
Original Mortgage
$260,000
Interest Rate
3.72%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2014
Sold by
Gill Daniel G
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 7, 2006
Sold by
Hare Dwight Francis
Bought by
Gill Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2004
Sold by
Hare Dwight F and Revoca Hemenway
Bought by
Hare Dwight Francis

Purchase Details

Closed on
Apr 10, 2004
Sold by
Hare Dwight F and Revocabl Hemenway
Bought by
Hare Dwight Francis

Purchase Details

Closed on
Jun 22, 2001
Sold by
Hare Dwight and Hemenway Kathleen
Bought by
Hare Dwight F and Revoca Kathleen

Range of Values:

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Average Value
Not Available
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
Hanwit Jonathan $735,000 First American Title Company
Gill Daniel G $250,000 Lawyers Title Company
U S Bank National Association $260,000 None Available
Gill Daniel G $250,000 Commonwealth Land Title
Hare Dwight Francis -- --
Hare Dwight Francis -- --
Hare Dwight F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livi Jonathan Hanwit Revocable $1,006,250
Closed Livi Jonathan Hanwit Revocable $1,046,000
Previous Owner Gill Daniel G $326,031
Previous Owner Gill Daniel G $260,000
Previous Owner Gill Daniel G $260,014
Previous Owner Gill Daniel G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $735,000 -1.9% --
01/17/2021 01/17/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $749,000 +199.6% --
03/21/2016 03/21/16 Sold $250,000 0.0% --
02/09/2016 02/09/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $250,000 -- --
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
2024 $10,088 $899,987 $779,987 $120,000
2023 $8,548 $764,694 $764,694 $0
2022 $8,347 $749,700 $749,700 $0
2021 $5,631 $492,139 $492,139 $0
2020 $5,531 $487,093 $487,093 $0
2019 $5,424 $477,543 $477,543 $0
2018 $5,323 $468,180 $468,180 $0
2017 $5,234 $459,000 $459,000 $0
2016 $5,622 $502,234 $502,234 $0
2015 $5,517 $494,690 $494,690 $0
2014 $5,387 $485,000 $485,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2002918

California Regional Multiple Listing Service (CRMLS)

APN: 256-040-73