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516 21st Street

516 21st Street, Manhattan Beach, CA 90266
Sold Nov 30, 2022
$5,600,000
$1,800,000 by First Republic Bank
Mortgage Due Dec 01, 2052
Sold Oct 18, 2021
$5,150,000
$3,347,500 by Glassman Lending Llc
Mortgage
516 21st Street in Manhattan Beach, CA was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 516 21st Street has 3,540 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 420 ft and the linear feet between the front and back of the lot is 910. In total, the area measurement of the land is 3,772 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. 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 A. As for heating, the home is utilizing a central heating system. 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, 516 21st Street sold most recently in Oct 20, 2022 for a total of $5,600,000. If you work out the math, that's approximately a cost of $1,581.92 per sqft. Before that, the property was also sold for $5,150,000 in Jul 18, 2021. 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 $58,184 in taxes each year. 516 21st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,600,000. If we break it down further, the land itself was valued at $4,480,000. Improvements to the property, however, were assessed at a total of $1,120,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,772
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 420
  • Total Building Area: 3,540
  • Building Area: 3,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 9029
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 9029 LOT 13 AND SW 12 FT MEASURED AT R/A TO SW LINE OF LOT/SEC 14

Ownership

  • Current Owner : 516 21ST LLC
  • Previous Owner : SCHWARTZ SAMANTHA JANE
  • Owner Before Previous Owner: BEACH SWINGS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620305

Zoning

  • Zoning: MNRS-D3

Geography

  • Assessors Map Reference: 62-B3
  • Subdivision Tract Number: 9029
  • Parcel: 4178-026-002
  • Lot: 13
  • Municipality: SOUTH /W. MANH BCH SFR
  • Latitude: 33.892
  • Longitude: -118.41

    Address

  • Full Address: 516 21st St
  • Address - House Number: 516
  • Address - Street Name: 21st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 2202
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $58,184
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 4,560,663
  • High Value: 5,575,140
  • Low Value: 3,546,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • 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: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,600,000
  • Assessed Land Value: $4,480,000
  • Assessed Improvements Value: $1,120,000

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Transaction ID: 11899194688
  • Current Sale Price: $5,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1120465
  • Previous Sale Recording Date: Oct 18, 2021
  • Previous Sale Contract Date: Jul 18, 2021
  • Previous Sale Amount: $5,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 30, 2022
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GLASSMAN LENDING LLC
  • Previous Mortgage Transaction Date: Oct 18, 2021
  • Previous Mortgage Loan Amount: $3,347,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Tree Section



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Frequently Asked Questions

What neighborhood is 516 21st Street located in?
The 516 21st Street is a house located in the neighborhood of Tree Section in Tree Section, Manhattan Beach.
What is the average sales price for listings in 516 21st Street?
The average sales price for units in 516 21st Street is $0 currently.

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