NOT LISTED FOR SALE

Estimated Value: $2,678,000

5 Beds
3 Baths
2,347 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $1,600,000 $682 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $16,738/month

7 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Landscaped
  • Washington Elementary School Rated A+
  • Laundry Room

About This Home

As of January 2023

Good corner lot in North Redondo. This property has two units with their own separate addresses: 1107 Mackay Ln (1,250 sq. ft. living space, 2 bed/2 bath); 2322 Marshallfield Ln (1,097 sq. ft. living space, 3 bed/1 bath). Both units have their own private yards and two-car garages. Close to schools, parks, shops, restaurants, and of course, the beach.

Last Agent to Sell the Property

Amir Amiri

Merit Real Estate License #01041226 Listed on: 12/06/2022

Last Buyer's Agent

Amir Amiri

Merit Real Estate License #01041226 Listed on: 12/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,457

Year Built

  • Built in 1949

Lot Details

  • 7,504 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,347 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 1 / 82
  • Tax Tract Number 6206
  • Assessor Parcel Number 4158001001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,520
  • Insurance Expense $1,030
  • Maintenance Expense $2,400
  • Water Sewer Expense $1,790
  • New Taxes Expense $21,190
  • Operating Expense $27,930
  • Gross Income $62,700
  • Net Operating Income $34,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,457

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 847500
  • Property Attached: No
  • Water Sewer Expenses: 1790.00
  • Zoning: RBR-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1520.00
  • Parcel Number: 4158001001
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 681.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Lot 6500-9999, Sprinkler System, Yard
  • Lot Size Sq Ft: 7504.00
  • Lot Size Acres: 0.1723

Multi Family

  • Gross Income: 62700.00
  • Gross Scheduled Income: 62700.00
  • Insurance Expense: 1030.00
  • Lot Size Area: 7504.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 34770.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 27930.00
  • Rent Control: Yes
  • Total Expenses: 27930.00

Tax Info

  • New Taxes Expense: 21190.00
  • Tax Block: 82
  • Tax Census Tract: 6206.02
  • Tax Lot: 1
  • Tax Tract Number: 6206.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Dec 20, 2022
Sold by
Exeter Llc
Bought by
Dori Development Inc
Seller's Agent
Amir Amiri
Merit Real Estate
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Total Days on Market
7
Views
9
Current Estimated Value
$2,678,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,078,000
Original Mortgage
$1,000,000
Interest Rate
6.49%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 25, 2021
Sold by
Scott Robert J
Bought by
Scott R J

Purchase Details

Closed on
Jan 26, 1995
Sold by
Eckebrecht Marie
Bought by
Eckebrecht James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
9.28%

Purchase Details

Closed on
Jan 12, 1995
Sold by
Brown Ginny
Bought by
Scott Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
9.28%

Purchase Details

Closed on
Jan 10, 1995
Sold by
Eckebrecht James L
Bought by
Scott Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
9.28%
Source: Public Records

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Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dori Development Inc $1,600,000 Lawyers Title Company
Scott R J -- Usa National Title Co
Exeter Llc $1,675,000 Ticor Title Oc
Eckebrecht James L -- Gateway Title
Scott Robert J -- Gateway Title Company
Scott Robert J -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dori Development Inc $1,000,000
Previous Owner Exeter Llc $1,005,000
Previous Owner Scott Robert J $181,800
Previous Owner Scott Robert J $220,000
Previous Owner Scott Robert J $50,000
Previous Owner Scott Robert J $230,000
Previous Owner Scott Robert Joan $100,000
Previous Owner Scott Robert J $245,000
Previous Owner Scott Robert J $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $1,600,000 -5.6% $682 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $1,695,000 +1.2% $722 / Sq Ft
07/15/2021 07/15/21 Sold $1,675,000 +4.7% $719 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $1,600,000 -- $687 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $20,457 $1,708,500 $1,147,500 $561,000
2022 $20,047 $1,675,000 $1,125,000 $550,000
2021 $6,204 $430,133 $205,685 $224,448
2020 $6,162 $425,723 $203,576 $222,147
2019 $6,008 $417,377 $199,585 $217,792
2018 $5,763 $409,194 $195,672 $213,522
2016 $5,564 $393,307 $188,075 $205,232
2015 $5,475 $387,400 $185,250 $202,150
2014 $5,400 $379,813 $181,622 $198,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22251112

California Regional Multiple Listing Service (CRMLS)

APN: 4158-001-001