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650 18th Street

650 18th Street, Manhattan Beach, CA 90266
Property in Tree Section
Sold Jul 06, 2012
$2,600,000
$6,000,000 by City National Bank
Mortgage Due Sep 01, 2050
Sold Dec 02, 1993
$177,500
$740,500 by Carolyn J Lawson
Mortgage
650 18th Street has been categorized by the local assessors in Manhattan Beach, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 10 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 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, 650 18th Street has 4,368 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,237 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. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 650 18th Street sold most recently in Jun 25, 2012 for a total of $2,600,000. If you work out the math, that's approximately a cost of $595.24 per sqft. Before that, the property was also sold for $177,500 in Nov 29, 1993. 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 $26,889 in taxes each year. 650 18th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,428,519. If we break it down further, the land itself was valued at $2,154,167. Improvements to the property, however, were assessed at a total of $274,352. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,237
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,368
  • Building Area: 4,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17377
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17377 LOT/SEC 11

Ownership

  • Current Owner : SHEA ADAM K
  • Current Owner 2: LAVEZZO LINDA MARIE
  • Previous Owner : IGI GEORGE K
  • Owner Before Previous Owner: LAWSON RICHARD P

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620303

Zoning

  • Zoning: MNRS

Geography

  • Assessors Map Reference: 62-B3
  • Subdivision Tract Number: 17377
  • Parcel: 4171-027-003
  • Lot: 11
  • Municipality: SOUTH /MANH. BEACH SFR
  • Latitude: 33.8908
  • Longitude: -118.407

    Address

  • Full Address: 650 18th St
  • Address - House Number: 650
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C012
  • 4-Digit Zip Code: 2504
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,889
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 4,430,997
  • High Value: 5,409,868
  • Low Value: 3,452,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,000,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $6,000,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,428,519
  • Assessed Land Value: $2,154,167
  • Assessed Improvements Value: $274,352

    Sales

  • Current Sale Contract Date: Jun 25, 2012
  • Current Sale Recording Date: Jul 06, 2012
  • Current Sale Transaction ID: 1007617489
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0999769
  • Previous Sale Recording Date: Dec 02, 1993
  • Previous Sale Contract Date: Nov 29, 1993
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Jul 06, 2012
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2042

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CAROLYN J LAWSON
  • Previous Mortgage Transaction Date: Dec 02, 1993
  • Previous Mortgage Loan Amount: $740,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Tree Section



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Frequently Asked Questions

What neighborhood is 650 18th Street located in?
The 650 18th Street is a located in the neighborhood of Tree Section in Tree Section, Manhattan Beach.
What is the average sales price for listings in 650 18th Street?
The average sales price for units in 650 18th Street is $0 currently.

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