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1804 Palm Avenue

1804 Palm Avenue, Manhattan Beach, CA 90266
Property in Tree Section
Sold Sep 15, 2020
$3,600,000
$2,880,000 by The Golden 1 Cu
Mortgage Due Oct 01, 2050
Sold Jun 20, 2018
$3,300,000
$2,000,000 by Bank Of America Na
Mortgage Due Jul 01, 2048
1804 Palm Avenue in Manhattan Beach, CA was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1804 Palm Avenue has 2,636 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 400 ft and the linear feet between the front and back of the lot is 1,120. In total, the area measurement of the land is 4,480 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 spa or hot tub but no pool on the property. The home has a gable style roof made of roll composition. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1804 Palm Avenue sold most recently in Aug 19, 2020 for a total of $3,600,000. If you work out the math, that's approximately a cost of $1,365.71 per sqft. Before that, the property was also sold for $3,300,000 in May 8, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $41,555 in taxes each year. 1804 Palm Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,745,440. If we break it down further, the land itself was valued at $2,809,080. Improvements to the property, however, were assessed at a total of $936,360. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 4,480
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,636
  • Building Area: 2,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2714
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 2714 LOT/SEC 7 BLK/DIV/TWN 3

Ownership

  • Current Owner : RYU JUNG
  • Current Owner 2: RYU REBEKAH
  • Previous Owner : MCCLOSKEY PATRICK
  • Previous Owner 2: MCCLOSKEY JENNIFER
  • Owner Before Previous Owner: KRAUSE CURTIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620303

Zoning

  • Zoning: MNRS

Geography

  • Assessors Map Reference: 62-C3
  • Subdivision Tract Number: 2714
  • Parcel: 4171-019-019
  • Block: 3
  • Lot: 7
  • Municipality: SOUTH /MANH. BEACH SFR
  • Latitude: 33.8915
  • Longitude: -118.401

    Address

  • Full Address: 1804 Palm Ave
  • Address - House Number: 1804
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C032
  • 4-Digit Zip Code: 2636
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,555
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,226,586
  • High Value: 3,947,399
  • Low Value: 2,505,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,880,000
  • First Open Lien Mortgage Lender: THE GOLDEN 1 CU
  • First Open Lien Mortgage Recording Date: Sep 15, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,880,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,745,440
  • Assessed Land Value: $2,809,080
  • Assessed Improvements Value: $936,360

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11787511711
  • Current Sale Price: $3,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1107832
  • Previous Sale Recording Date: Jun 20, 2018
  • Previous Sale Contract Date: May 08, 2018
  • Previous Sale Amount: $3,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE GOLDEN 1 CU
  • First Mortgage Transaction Date: Sep 15, 2020
  • First Mortgage Loan Amount: $2,880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 20, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Tree Section



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Frequently Asked Questions

What neighborhood is 1804 Palm Avenue located in?
The 1804 Palm Avenue is a located in the neighborhood of Tree Section in Tree Section, Manhattan Beach.
What is the average sales price for listings in 1804 Palm Avenue?
The average sales price for units in 1804 Palm Avenue is $0 currently.

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