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1531 5th Street

1531 5th Street, Manhattan Beach, CA 90266
Sold Dec 15, 2022
$4,379,500
$3,284,456 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2053
Sold Dec 06, 2006
$1,350,000
1531 5th Street in Manhattan Beach, CA was first built in 2007 and is 17 years old. This has been categorized as a residential property type. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1531 5th Street has 4,700 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,507 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1531 5th Street was last sold in Oct 21, 2022 for $4,379,500. According to our calculations, that's $931.81 per sqft. Prior to that sales transaction, the property was sold for $1,350,000 in Dec 4, 2006. Current property owners are expected to pay $35,730 in taxes per year. The property on 1531 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,379,300. To break that down further, the land itself was valued at $2,575,600. While improvements to the property were assessed at a total of $1,803,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,507
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,700
  • Building Area: 4,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 4,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REDONDO VILLA TRACT B
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDONDO VILLA TRACT B LOT/SEC 20 BLK/DIV/TWN 37

Ownership

  • Current Owner : DAVIS MICHAEL CORWINE
  • Current Owner 2: DAVIS KENNA MICHELLE
  • Previous Owner : DANIS FAMILY TRUST
  • Owner Before Previous Owner: RICHARDSON RENE L
  • Owner Before Previous Owner 2: RICHARDSON BASILISA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620801

Zoning

  • Zoning: MNRS

Geography

  • Assessors Map Reference: 62-D4
  • Subdivision Tract Number: B
  • Parcel: 4164-027-019
  • Block: 37
  • Lot: 20
  • Municipality: SOUTH /E MANH. BCH SFR
  • Latitude: 33.8821
  • Longitude: -118.386

    Address

  • Full Address: 1531 5th St
  • Address - House Number: 1531
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C049
  • 4-Digit Zip Code: 6339
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,730
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,677,885
  • High Value: 4,490,383
  • Low Value: 2,865,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,284,456
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,284,456
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,379,300
  • Assessed Land Value: $2,575,600
  • Assessed Improvements Value: $1,803,700

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Transaction ID: 11899717388
  • Current Sale Price: $4,379,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1171528
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Dec 04, 2006
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 15, 2022
  • First Mortgage Loan Amount: $3,284,456
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1531 5th Street located in?
The 1531 5th Street is a located in the neighborhood of Eastside Manhattan Beach in Eastside Manhattan Beach, Manhattan Beach.
What is the average sales price for listings in 1531 5th Street?
The average sales price for units in 1531 5th Street is $0 currently.

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