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504 25th Street

504 25th Street, Hermosa Beach, CA 90254
Townhouse in Hermosa Beach
Sold Mar 06, 2020
$2,825,000
Buyer
Seller
$1,357,282 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2052
Sold Oct 21, 2015
$2,349,000
Buyer
Seller
$1,879,200 by Banc Of California Na
Mortgage Due Nov 01, 2045
504 25th 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 2015 and is 9 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 504 25th Street has 2,750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,313 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 A by the local assessor. In terms of heating, it 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, 504 25th Street was last sold in Feb 10, 2020 for $2,825,000. According to our calculations, that's $1,027.27 per sqft. Prior to that sales transaction, the property was sold for $2,349,000 in Aug 19, 2015. Current property owners are expected to pay $31,653 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 504 25th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,911,351. To break that down further, the land itself was valued at $2,244,265. While improvements to the property were assessed at a total of $667,086. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,313
  • Total Building Area: 2,750
  • Building Area: 2,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP NO 72189
  • Land Acres: 0.168
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: P M 382-45-46 LOT 1 CONDO UNIT 1 (AIRSPACE AND 1/2 INT IN COMMON AREA)

Ownership

  • Current Owner : RONE DAVID
  • Previous Owner : NEW SARAH
  • Owner Before Previous Owner: HB VALLEY LLC
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

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

Zoning

  • Zoning: HBR2YY

Geography

  • Parcel: 4182-025-023
  • Lot: 1
  • Municipality: SOUTH /MANHATTAN BCH
  • Latitude: 33.8721
  • Longitude: -118.401

    Address

  • Full Address: 504 25th St
  • Address - House Number: 504
  • Address - Street Name: 25th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2623
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,653
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 70
  • Final Value: 2,630,071
  • High Value: 3,201,189
  • Low Value: 2,058,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,357,282
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,357,282
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,911,351
  • Assessed Land Value: $2,244,265
  • Assessed Improvements Value: $667,086

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11745062262
  • Current Sale Price: $2,825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0266599
  • Previous Sale Recording Date: Oct 21, 2015
  • Previous Sale Contract Date: Aug 19, 2015
  • Previous Sale Amount: $2,349,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANC OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Oct 21, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,879,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2045

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Frequently Asked Questions

What neighborhood is 504 25th Street located in?
The 504 25th Street is a townhouse located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 504 25th Street?
The average sales price for units in 504 25th Street is $0 currently.

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