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740 12th Street

740 12th Street, Manhattan Beach, CA 90266
Property in Tree Section
Sold May 11, 2001
$820,000
$1,740,000 by First Republic Bank
Mortgage Due Nov 01, 2051
Local assessors in Manhattan Beach, CA have categorized 740 12th Street as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 3,014 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 740 12th Street has a total of 2,640 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 740 12th Street was last sold in Apr 6, 2001 for $820,000. According to our calculations, that's $310.61 per sqft. Current property owners are expected to pay $13,775 in taxes per year. The property on 740 12th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,187,619. To break that down further, the land itself was valued at $635,810. While improvements to the property were assessed at a total of $551,809. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,014
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANHATTAN BEACH SUB 3
  • Land Acres: 0.069
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: MANHATTAN BEACH SUB NO 3 LOT/SEC 22 BLK/DIV/TWN 114

Ownership

  • Current Owner : PHELPS TONYA
  • Current Owner 2: DOWD THOMAS
  • Previous Owner : BARANY ELSA
  • Previous Owner 2: CASSINELLI JOHN
  • Ownership Rights Codes: Family Trust

Neighborhood

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

Zoning

  • Zoning: MNRH

Geography

  • Assessors Map Reference: 94-E3
  • Parcel: 4170-016-021
  • Block: 114
  • Lot: 22
  • Municipality: SOUTH /W MANH BCH R.I.
  • Latitude: 33.8875
  • Longitude: -118.405

    Address

  • Full Address: 740 12th St
  • Address - House Number: 740
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 4830
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,775
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,273,345
  • High Value: 4,006,804
  • Low Value: 2,539,885

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,740,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,740,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,187,619
  • Assessed Land Value: $635,810
  • Assessed Improvements Value: $551,809

    Sales

  • Current Sale Contract Date: Apr 06, 2001
  • Current Sale Recording Date: May 11, 2001
  • Current Sale Transaction ID: 1007594151
  • Current Sale Price: $820,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 01-0810769

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: May 11, 2001
  • First Mortgage Loan Amount: $615,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2031
  • Second Mortgage Loan Amount: $123,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Tree Section



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Frequently Asked Questions

What neighborhood is 740 12th Street located in?
The 740 12th Street is a located in the neighborhood of Tree Section in Tree Section, Manhattan Beach.
What is the average sales price for listings in 740 12th Street?
The average sales price for units in 740 12th Street is $0 currently.

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