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602 3rd Street

602 3rd Street, Hermosa Beach, CA 90254
Property in Hermosa Beach
Sold Dec 29, 2006
$975,000
$500,000 by Washington Mutual Bank Fa
Mortgage Due Jan 01, 2037
Sold Nov 19, 1998
$475,000
$380,000 by Washington Mutual Bank Fa
Mortgage Due Dec 01, 2028
602 3rd 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 1989 and is 35 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 602 3rd Street has 2,137 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 3,579 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 C by the local assessor. In terms of heating, it 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, 602 3rd Street sold most recently in Dec 27, 2006 for a total of $975,000. If you work out the math, that's approximately a cost of $456.25 per sqft. Before that, the property was also sold for $475,000 in Oct 20, 1998. 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 $13,506 in taxes each year. 602 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,255,557. If we break it down further, the land itself was valued at $901,428. Improvements to the property, however, were assessed at a total of $354,129. The property's total assessed value has been marked as more than the total market value 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.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,579
  • Total Building Area: 2,137
  • Building Area: 2,137
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,137
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF HERMOSA BEACH
  • Land Acres: 0.082
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: P M 226-2 LOT 1 CONDO UNIT 1

Ownership

  • Current Owner : LEWEKE RICHARD ALLEN
  • Current Owner 2: LEWEKE SANDRA LEE
  • Previous Owner : HORN KYLE WILLIAM
  • Previous Owner 2: HORN JANE E
  • Owner Before Previous Owner: NITZOW ASENKA
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621104

Zoning

  • Zoning: H B M

Geography

  • Assessors Map Reference: 67-C2
  • Parcel: 4188-028-068
  • Lot: 1
  • Municipality: SOUTH /HERMOSA BEACH
  • Latitude: 33.8567
  • Longitude: -118.393

    Address

  • Full Address: 602 3rd St
  • Address - House Number: 602
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 4710
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,506
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 1,596,311
  • High Value: 1,951,201
  • Low Value: 1,241,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Dec 29, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,255,557
  • Assessed Land Value: $901,428
  • Assessed Improvements Value: $354,129

    Sales

  • Current Sale Contract Date: Dec 27, 2006
  • Current Sale Recording Date: Dec 29, 2006
  • Current Sale Transaction ID: 1031575890
  • Current Sale Price: $975,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2892084
  • Previous Sale Recording Date: Nov 19, 1998
  • Previous Sale Contract Date: Oct 20, 1998
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Dec 29, 2006
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Nov 19, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2028

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Frequently Asked Questions

What neighborhood is 602 3rd Street located in?
The 602 3rd Street is a located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 602 3rd Street?
The average sales price for units in 602 3rd Street is $0 currently.

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