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1532 Prospect Avenue

1532 Prospect Avenue, Hermosa Beach, CA 90254
Property in Hermosa Beach
Sold Jan 11, 2021
$1,420,000
$923,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2051
Sold Jan 11, 2007
$978,000
$782,400 by First Capital
Mortgage Due Feb 01, 2037
1532 Prospect Avenue has been categorized by the local assessors in Hermosa Beach, CA as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1532 Prospect Avenue has 1,094 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,020 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Dec 9, 2020 for $1,420,000. That's $1,297.99 per sqft. Prior to that sales transaction, the property was also sold in Nov 17, 2006 for $978,000. 1532 Prospect Avenue was last assessed in 2023. The total value of the property was assessed at $1,477,368. Specifically, the land the property is located on was valued at $1,331,712. While improvements on the property were assessed at a total of $145,656. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,702. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 1562
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1562 LOT/SEC 10

Ownership

  • Current Owner : REN JIAN
  • Current Owner 2: YANG YUE
  • Previous Owner : WOOD JONATHAN
  • Previous Owner 2: TALBOTT ASHLEY
  • Owner Before Previous Owner: LEIBSCHER RONALD JAMES
  • Owner Before Previous Owner 2: LEIBSCHER CHRISTINA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621001

Zoning

  • Zoning: HBR1YY

Geography

  • Assessors Map Reference: 62-D6
  • Subdivision Tract Number: 1562
  • Parcel: 4185-019-009
  • Lot: 10
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8667
  • Longitude: -118.39

    Address

  • Full Address: 1532 Prospect Ave
  • Address - House Number: 1532
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 3333
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,702
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,725,852
  • High Value: 2,110,528
  • Low Value: 1,341,175

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $923,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 11, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $923,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,477,368
  • Assessed Land Value: $1,331,712
  • Assessed Improvements Value: $145,656

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2020
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Transaction ID: 11811733556
  • Current Sale Price: $1,420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0045955
  • Previous Sale Recording Date: Jan 11, 2007
  • Previous Sale Contract Date: Nov 17, 2006
  • Previous Sale Amount: $978,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 11, 2021
  • First Mortgage Loan Amount: $923,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL
  • Previous Mortgage Transaction Date: Jan 11, 2007
  • Previous Mortgage Loan Amount: $782,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2037

About Hermosa Beach



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Frequently Asked Questions

What neighborhood is 1532 Prospect Avenue located in?
The 1532 Prospect Avenue is a located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 1532 Prospect Avenue?
The average sales price for units in 1532 Prospect Avenue is $0 currently.

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