NOT LISTED FOR SALE

1501 Elm Ave Manhattan Beach, CA 90266

Estimated Value: $4,210,216 - $4,851,000

4 Beds
4.5 Baths
2,947 Sq Ft
$1,558/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $3,850,000 $1,306 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $29,416/month

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Deck
  • Pacific Elementary School Rated A
  • Open Floorplan
  • Outdoor Fireplace

About This Home

As of February 2022

Listed on the MLS for comp purposes.

Last Listed By

Lynne Lear

Pacifica Properties Group, Inc. License #01350148 Listed on: 02/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,483

Year Built

  • Built in 2018

Lot Details

  • 4,201 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned MNRS

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 2,947 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Neighborhood Views
  • Smart Home

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Deck
  • Concrete Porch or Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 19 / 56
  • Tax Tract Number 1638
  • Assessor Parcel Number 4170004018
  • $677 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,483

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170004018
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2947.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1306.41
  • Room Type: All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Master Suite
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Deck, Patio, Patio Open
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: High Efficiency, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4201.00
  • Lot Size Acres: 0.0964

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4201.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 56
  • Tax Census Tract: 6203.03
  • Tax Lot: 19
  • Tax Tract Number: 1638
  • TaxOtherAnnualAssessmentAmount: 677.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Jan 26, 2022
Sold by
Armandpour Revocable Living Trust
Bought by
Richard Wilson Revocable Trust
Seller's Agent
Lynne Lear
Pacifica Properties Group, Inc.
Buyer's Agent
Lynne Lear
Pacifica Properties Group, Inc.
List Price
$3,850,000
Sold Price
$3,850,000
Total Days on Market
0
Current Estimated Value
$4,591,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,304
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 25, 2018
Sold by
Mike Davis Partners
Bought by
Armandpour Tim P and Armandpour Racquel M
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Lynne Lear
Pacifica Properties Group, Inc.
List Price
$3,175,000
Sold Price
$3,125,000
Premium/Discount to List
-$50,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$2,031,250
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2017
Sold by
1267 Van Horne Llc
Bought by
Mike Davis Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2017
Sold by
Hardy Sandra Y and The Sandra Y Hardy Revocable T
Bought by
1267 Van Horne Llc

Purchase Details

Closed on
Jul 16, 2015
Sold by
Hardy Sandra Y
Bought by
Hardy Sandra Y and Sandra Y Hardy Revocable Trust

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
Richard Wilson Revocable Trust $3,850,000 Lawyers Title
Armandpour Tim P $3,125,000 Usa National Title
Mike Davis Partners -- None Available
1267 Van Horne Llc $1,505,000 Usa National Title Inc
Hardy Sandra Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Wilson Revocable Trust $3,080,000
Previous Owner Armandpour Tim P $2,040,000
Previous Owner Armandpour Tim P $2,036,000
Previous Owner Armandpour Tim P $2,031,250
Previous Owner Mike Davis Partners $380,000
Previous Owner Hardy Sandra Y $190,000
Previous Owner Hardy Sandra Y $191,500
Previous Owner Hardy Sandra Y $191,500
Previous Owner Hardy Sandra Y $195,496
Previous Owner Hardy Sandra Y $250,000
Previous Owner Hardy Sandra Y $205,000
Previous Owner Hardy Sandra Y $203,000
Previous Owner Hardy Sandra Y $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $3,850,000 0.0% $1,306 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $3,850,000 +23.2% $1,306 / Sq Ft
05/21/2018 05/21/18 Sold $3,125,000 +0.8% $989 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/11/2018 04/11/18 Price Changed $3,099,999 -2.4% $981 / Sq Ft
03/14/2018 03/14/18 For Sale $3,175,000 +111.0% $1,005 / Sq Ft
06/22/2017 06/22/17 Sold $1,505,000 -2.9% $1,496 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $1,550,000 -- $1,541 / 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
2024 $45,483 $4,005,539 $2,714,403 $1,291,136
2023 $44,327 $3,927,000 $2,661,180 $1,265,820
2022 $37,988 $3,350,630 $1,597,581 $1,753,049
2021 $37,290 $3,284,932 $1,566,256 $1,718,676
2019 $36,111 $3,187,500 $1,519,800 $1,667,700
2018 $17,649 $1,535,100 $1,535,100 $0
2017 $3,745 $319,136 $267,772 $51,364
2016 $3,581 $312,879 $262,522 $50,357
2015 $3,508 $308,180 $258,579 $49,601
2014 $3,469 $297,844 $253,514 $44,330
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22029960

California Regional Multiple Listing Service (CRMLS)

APN: 4170-004-018