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621 25th Street

621 25th Street, Hermosa Beach, CA 90254
Property in Hermosa Beach
Sold Jun 01, 2023
$2,500,000
$750,000 by First Republic Bank
Mortgage Due May 26, 2048
Sold Aug 01, 2003
$287,000
$221,425 by Balzer Family Trust
Mortgage
621 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1955. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 621 25th Street has 1,550 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 1,350 ft and across the front of the lot is 490 ft. The area measurement of the land has been determined as 6,674 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 A by the local assessor. The building has a gable style roof made of gravel/rock. 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. The property was last sold in Apr 24, 2023 for $2,500,000. That's $1,612.90 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 2003 for $287,000. 621 25th Street was last assessed in 2023. The total value of the property was assessed at $109,274. Specifically, the land the property is located on was valued at $72,548. While improvements on the property were assessed at a total of $36,726. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,623. The initial tax year of delinquency was in 2020. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,674
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 19846
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 19846 LOT/SEC 12

Ownership

  • Current Owner : JONATHAN STARR LIVING TRUST
  • Previous Owner : BALZER MICHAEL J
  • Owner Before Previous Owner: BALZER JOAN P
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 04, 2024

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621001

Zoning

  • Zoning: HBR1YY

Geography

  • Assessors Map Reference: 62-C5
  • Subdivision Tract Number: 19846
  • Parcel: 4184-017-008
  • Lot: 12
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8723
  • Longitude: -118.398

    Address

  • Full Address: 621 25th St
  • Address - House Number: 621
  • Address - Street Name: 25th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 2211
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,623
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 1,584,177
  • High Value: 1,904,413
  • Low Value: 1,263,941

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2023
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 26, 2048
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Jun 01, 2023
  • Second Open Lien Mortgage Loan Amount: $750,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 26, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,274
  • Assessed Land Value: $72,548
  • Assessed Improvements Value: $36,726

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11907311786
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 357272
  • Previous Sale Recording Date: Aug 01, 2003
  • Previous Sale Contract Date: Jul 29, 2003
  • Previous Sale Amount: $287,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jun 01, 2023
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 298
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: May 26, 2048
  • Second Mortgage Transaction Date: Jun 01, 2023
  • Second Mortgage Loan Amount: $750,000
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BALZER FAMILY TRUST
  • Previous Mortgage Transaction Date: Aug 01, 2003
  • Previous Mortgage Loan Amount: $221,425
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 621 25th Street located in?
The 621 25th Street is a located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 621 25th Street?
The average sales price for units in 621 25th Street is $0 currently.

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