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540 21st Street

540 21st Street, Manhattan Beach, CA 90266
Property in Tree Section
Sold Jul 08, 1997
$820,000
$650,000 by Bank Of America National Tr &
Mortgage Due Aug 01, 2027
540 21st Street in Manhattan Beach, CA was first built in 1941 and is 83 years old. Although, the building on the property was most recently renovated and altered in 1966. 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. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 540 21st Street has 3,094 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 1,070 ft and the linear feet between the front and back of the lot is 400. In total, the area measurement of the land is 4,409 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 wood shake/ shingles. For those who need parking, there is a attached garage. 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. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. 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, 540 21st Street sold most recently in May 29, 1997 for a total of $820,000. If you work out the math, that's approximately a cost of $265.03 per sqft. 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 $14,474 in taxes each year. The initial year of tax delinquency occurred in 2020. 540 21st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,258,487. If we break it down further, the land itself was valued at $948,325. Improvements to the property, however, were assessed at a total of $310,162. 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: 1941
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 4,409
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,094
  • Building Area: 3,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,094
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9029
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 9029 NE 15 FT OF LOT 25 MEASURED AT R/A TO NE LINE OF LOT 25 AND ALL OF LOTS 26 AND LOT/SEC 27

Ownership

  • Current Owner : SHEPHERD DONALD
  • Current Owner 2: YAMAMOTO JO ANNE
  • Previous Owner : COLE DAVID N
  • Previous Owner 2: COLE SHELLEY B
  • Is Owner Occupied: Owner-occupied property

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: 4178-026-011
  • Lot: 25,26
  • Municipality: SOUTH /W. MANH BCH SFR
  • Latitude: 33.8923
  • Longitude: -118.409

    Address

  • Full Address: 540 21st St
  • Address - House Number: 540
  • 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: $14,474
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 3,646,356
  • High Value: 4,473,444
  • Low Value: 2,819,269

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $2,174,600
  • First Open Lien Mortgage Lender: BANK OF AMERICA NATIONAL TR &
  • First Open Lien Mortgage Recording Date: Jul 08, 1997
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2027
  • Second Open Lien Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Second Open Lien Mortgage Recording Date: Jul 08, 1997
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $82,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Third Open Lien Mortgage Lender: BANK OF AMERICA
  • Third Open Lien Mortgage Recording Date: Dec 22, 1998
  • Third Open Lien Mortgage Financing Type: Fixed Rate
  • Third Open Lien Mortgage Loan Amount: $717,600
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2029
  • Fourth Open Lien Mortgage Lender: BOSTON SAFE DEPOSIT & TRST
  • Fourth Open Lien Mortgage Recording Date: Nov 19, 2002
  • Fourth Open Lien Mortgage Financing Type: Adjustable Rate
  • Fourth Open Lien Mortgage Loan Amount: $725,000
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Interest Rate Type: Y
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Fourth Open Lien Mortgage Loan Due Date: Dec 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,258,487
  • Assessed Land Value: $948,325
  • Assessed Improvements Value: $310,162

    Sales

  • Current Sale Contract Date: May 29, 1997
  • Current Sale Recording Date: Jul 08, 1997
  • Current Sale Transaction ID: 1030538599
  • Current Sale Price: $820,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-1014426

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NATIONAL TR &
  • First Mortgage Transaction Date: Jul 08, 1997
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2027

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y

About Tree Section



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Frequently Asked Questions

What neighborhood is 540 21st Street located in?
The 540 21st Street is a located in the neighborhood of Tree Section in Tree Section, Manhattan Beach.
What is the average sales price for listings in 540 21st Street?
The average sales price for units in 540 21st Street is $0 currently.

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