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2017 Power Street

2017 Power Street, Hermosa Beach, CA 90254
Property in Hermosa Beach
Sold Feb 26, 2021
$4,500,000
$3,375,000 by Citibank Na
Mortgage Due Mar 01, 2051
Sold Mar 24, 2006
$2,799,500
$2,080,875 by American Brokers Conduit
Mortgage Due Apr 01, 2036
2017 Power Street 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 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 11 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 2017 Power Street has 3,943 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 1,390 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 8,615 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. 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 D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2017 Power Street was last sold in Jan 27, 2021 for $4,500,000. According to our calculations, that's $1,141.26 per sqft. Prior to that sales transaction, the property was sold for $2,799,500 in Jan 31, 2006. Current property owners are expected to pay $49,342 in taxes per year. The property on 2017 Power Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,681,799. To break that down further, the land itself was valued at $2,869,423. While improvements to the property were assessed at a total of $1,812,376. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,615
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 620
  • Total Building Area: 3,943
  • Building Area: 3,943
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,943
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1868
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1868 LOT 2 AND SE 20 FT (MEASURED ON NE LINE) OF LOT/SEC 3

Ownership

  • Current Owner : RAO RAJEEV KALMANJE
  • Current Owner 2: MEHTA SHEFALI M
  • Previous Owner : HOLMES KEITH T
  • Previous Owner 2: HOLMES SHERRI Y
  • Owner Before Previous Owner: SNYDER RICHARD H
  • Owner Before Previous Owner 2: SNYDER JANIECE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621005

Zoning

  • Zoning: HBR1*

Geography

  • Assessors Map Reference: 62-C6
  • Subdivision Tract Number: 1868
  • Parcel: 4183-023-020
  • Lot: 2
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.869
  • Longitude: -118.399

    Address

  • Full Address: 2017 Power St
  • Address - House Number: 2017
  • Address - Street Name: Power
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2949
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,342
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 4,556,344
  • High Value: 5,571,911
  • Low Value: 3,540,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,375,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Loan Amount: $3,375,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,681,799
  • Assessed Land Value: $2,869,423
  • Assessed Improvements Value: $1,812,376

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Transaction ID: 11821779913
  • Current Sale Price: $4,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0324991
  • Previous Sale Recording Date: Mar 24, 2006
  • Previous Sale Contract Date: Jan 31, 2006
  • Previous Sale Amount: $2,799,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Feb 26, 2021
  • First Mortgage Loan Amount: $3,375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BROKERS CONDUIT
  • Previous Mortgage Transaction Date: Mar 24, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,080,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Hermosa Beach



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Frequently Asked Questions

What neighborhood is 2017 Power Street located in?
The 2017 Power Street is a located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 2017 Power Street?
The average sales price for units in 2017 Power Street is $0 currently.

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