NOT LISTED FOR SALE

Estimated Value: $6,539,776 - $8,043,000

4 Beds
4.5 Baths
3,984 Sq Ft
$1,877/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $4,500,000 $1,130 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $44,597/month

8 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • Fireplace in Primary Bedroom
  • Opal Robinson Elementary School Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Larsson Street Parkette

About This Home

As of October 2015

Manhattan Beach Hill Section Contemporary with Unobstructable Panoramic Ocean Views! Features 4 bedrooms, 4.5 bathrooms and approx. 3,984 SF of luxury living space on an approx. 5,765 SF private and secured lot. The entry of this light and bright home features high ceilings with a huge skylight to bring in tons of natural lighting. Floor to ceiling glass walls to showcase the home's amazing panoramic ocean views. The upper level features a living room with fireplace, dining room, a separate family room with fireplace and a spacious kitchen with top-of-the-line appliances and breakfast nook with deck, all with amazing ocean views. The master suite with fireplace, ocean views, and ocean view deck, along with 2 other bedrooms with ocean views and a 2nd master suite with access to the backyard with spa are all on lower level. Other features include a 3-stop elevator, state-of-the-art security and sound system and a 3 car garage with tons of storage and direct access. Close proximity to award winning schools.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 09/08/2015

Last Buyer's Agent

Kim Boussard

Home Smart Realty Group License #01893869

Home Smart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,848

Year Built

  • Built in 1992

Lot Details

  • 5,765

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,984 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Pool

  • In Ground Spa
  • Private Pool
  • No Permits for Pool

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 5,765 Sq Ft Lot
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 3393
  • Assessor Parcel Number 4169011019

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,848

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4169011019
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3984.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Elevator, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1129.52
  • Room Type: Family Room, Living Room, Master Bedroom, Master Suite
  • Spa Features: In Ground

Exterior Features

  • View: Ocean, Panoramic, Water
  • Pool Features: No Permits
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 5765.00
  • Price Per Lot Square Foot: 780.57
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5765.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 3393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Sep 18, 2015
Sold by
Ray Karen
Bought by
Starling Richard William and Chen Esther Jean
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Kim Boussard
Home Smart Realty Group
List Price
$4,000,000
Sold Price
$4,500,000
Premium/Discount to List
$500,000
12.5%
Current Estimated Value
$7,477,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,977,194
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,200,000
Outstanding Balance
$941,877
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$6,535,317

Purchase Details

Listed on
Sep 8, 2015
Closed on
Aug 20, 2015
Sold by
Ray Karen
Bought by
Ray Karen and Amended & Restated Karen Ray Revocable T
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Kim Boussard
Home Smart Realty Group
List Price
$4,000,000
Sold Price
$4,500,000
Premium/Discount to List
$500,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$941,877
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$6,535,317

Purchase Details

Closed on
Apr 30, 2014
Sold by
Katz Karen Ray
Bought by
Ray Karen

Purchase Details

Closed on
May 15, 2009
Sold by
Katz Karen Ray
Bought by
Katz Karen Ray and Katz Jeffrey G

Purchase Details

Closed on
Aug 8, 2003
Sold by
Katz Jeffrey G
Bought by
Katz Karen Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$986,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2000
Sold by
Sanders Eric
Bought by
Katz Jeffrey G and Katz Karen Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.87%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Sanders Eric
Bought by
Sanders Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1996
Sold by
Sweeney Brian M
Bought by
Sanders Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
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
Starling Richard William $4,500,000 Lawyers Title
Ray Karen -- None Available
Ray Karen -- None Available
Katz Karen Ray -- None Available
Katz Karen Ray -- None Available
Katz Karen Ray -- None Available
Katz Karen Ray -- Gateway Title Company
Katz Jeffrey G $2,000,000 Continental Land Title
Sanders Eric -- Fidelity National Title
Sanders Eric -- Fidelity National Title
Sanders Eric $1,340,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starling Richard William $1,200,000
Previous Owner Katz Karen Ray $986,000
Previous Owner Katz Jeffrey G $1,000,000
Previous Owner Sanders Eric $987,000
Previous Owner Sanders Eric $1,000,000
Closed Katz Karen Ray $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2015 10/06/15 Sold $4,500,000 +12.5% $1,130 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $4,000,000 -- $1,004 / Sq Ft
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 $60,848 $5,327,082 $2,130,833 $3,196,249
2024 $60,848 $5,222,630 $2,089,052 $3,133,578
2023 $59,405 $5,120,227 $2,048,091 $3,072,136
2022 $58,374 $5,019,832 $2,007,933 $3,011,899
2021 $57,269 $4,921,405 $1,968,562 $2,952,843
2019 $55,813 $4,775,435 $1,910,174 $2,865,261
2018 $54,695 $4,681,800 $1,872,720 $2,809,080
2016 $51,980 $4,500,000 $1,800,000 $2,700,000
2015 $30,008 $2,507,546 $1,253,773 $1,253,773
2014 $29,606 $2,458,428 $1,229,214 $1,229,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15198918

California Regional Multiple Listing Service (CRMLS)

APN: 4169-011-019