516 The Strand Manhattan Beach, CA 90266

$14,500,000 Sold Price as of 08/18/2020

4 Beds
4 Baths
1,884 Sq.Ft.

Off Market

$14,500,000 Sold Price as of 08/18/2020 Refinance Your Mortgage

Map preview of 516 The Strand, Manhattan Beach, CA 90266

Property Overview: 516 The Strand Manhattan Beach, CA has 4 bedrooms, 4 bathrooms, 1,884 living square feet and 3,327 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

516 The Strand is currently an off market home in the city of Manhattan Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Manhattan Beach has a median list price of $3,999,000. The median price per/sqft for Manhattan Beach is $1,432. With those numbers in mind, if you are looking to purchase a median priced home in Manhattan Beach, CA and put 20% down you will need to save up $799,800 for the down payment and will need roughly $79,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Manhattan Beach the commission could be as much as $122,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 516 The Strand

Last sold for $14,500,000 on August 18th, 2020

August, 2020
Aug 18, 2020

Date

Sold (Public Records)

Public Records

$14,500,000

Price
November, 2014
Nov 21, 2014

Date

Sold (Public Records)

Public Records

$13,500,500

Price

Tax History for 516 The Strand

Assessed Value (2020): $14,836,137

Year	Land Value	Improved Value	Assessed Value
2020	$14,396,102	$440,035	$14,836,137

About 516 The Strand

Detailed summary of property

516 The Strand is categorized with a use code of Duplex (2 Units, Any Combination) in Manhattan Beach, CA 90266 and last sold on August 18, 2020 for $14,500,000. This property has 4 bedrooms, 4 bathrooms, roughly 1,884 living square feet, and sits on an approximately 3,327 square foot lot. Homes in Manhattan Beach are selling for a median price of $2,450,000 and a median price per square foot of $1,152. Based on Ardent Real Estate Group's Manhattan Beach Market Data, this home is sold 491.84% higher than the current median priced home. 516 The Strand was last sold on August 18, 2020 for $14,500,000. Local nearby listings include 8305 Chase Ave, 8421 Airlane Ave and 6376 W 82nd St. The average home in Manhattan Beach, CA is selling in 97 days. There are currently 126 homes for sale in the Manhattan Beach real estate market and 108 of them are single family homes while 5 of them are condos and 13 are townhomes. If you are the homeowner and looking to sell the home at 516 The Strand Manhattan Beach, CA 90266 contact Ardent Real Estate Group and we will put you in touch with one of our Manhattan Beach agents.

Public Facts for 516 The Strand

Public county record property details

Beds: 4
Baths: 4
Year built: 1950
Sq. Ft.: 1,884
Lot Size: 3,327
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 4180-026-002

The source for these homes facts are from public records.

90266 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$3,999,000

Median List Price/Sq.Ft.

$1,432

Median Sold Price

$2,450,000

Median Sold Price/Sq.Ft.

$1,152

Total Inventory

126

Median Sale to List Price %

93.33%

Avg Days on Market

Loan Type

Conventional (15.79%), FHA (0%), VA (5.26%), Cash (52.63%), Other (21.05%)

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