NOT LISTED FOR SALE

118 S Prospect Ave Unit A Redondo Beach, CA 90277

Estimated Value: $1,392,000 - $1,636,000

4 Beds
3 Baths
2,054 Sq Ft
$718/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $925,000 $450 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,021/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • 12,876 Sq Ft lot
  • Alta Vista Elementary School Rated A+
  • Updated Kitchen
  • Deck

About This Home

As of July 2018

Enjoy this thoughtfully remodeled home with tons of natural light and tranquil ocean breezes. You'll be greeted by a large living room flowing into the dining room and onto the kitchen and breakfast nook. Main floor offers 2 bedrooms, and there are 2 more bedrooms upstairs including a spacious master with en-suite and walk-in closet. Step out to the enormous deck with city light neighborhood views that go on and on.

Last Agent to Sell the Property

Pamela Soladar

Keller Williams Palos Verdes License #01926184 Listed on: 05/17/2018

Last Buyer's Agent

Amardeep Sandhu

Grand Avenue Realty & Lending License #02025276

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,935

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Lawn

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Neighborhood

Interior Spaces

  • 2,054 Sq Ft Home
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Union High School

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • Master Insurance
  • 4 Units
  • Will Inform Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6213
  • Assessor Parcel Number 7518006051

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,935

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RBR-3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7518006051
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2054.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 450.34
  • Room Type: Bonus Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Master Bath, Granite Counters, Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Panoramic
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Will inform
  • Phone: Will inform
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Redondo Unified
  • High School: Union
  • High School: Union
  • High School2: UNION

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 12876.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6213.01
  • Tax Lot: 1
  • Tax Tract Number: 6213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 5, 2018
Sold by
Swath Kelly Ann
Bought by
Kanamala Nagakanth and Davay Nitee Bhupendra
Seller's Agent
Pamela Soladar
Keller Williams Palos Verdes
Buyer's Agent
Amardeep Sandhu
Grand Avenue Realty & Lending
List Price
$919,000
Sold Price
$925,000
Premium/Discount to List
$6,000
0.65%
Current Estimated Value
$1,474,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,022
Avg. Annual Appreciation
6.65%
Original Mortgage
$679,000
Outstanding Balance
$588,536
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$885,486

Purchase Details

Closed on
Sep 16, 2016
Sold by
Lynch Tamera and Tamera Lynch Living Trust
Bought by
Swartz Kelly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2014
Sold by
Lynch Tamera
Bought by
Lynch Tamera and The Tamera Lynch Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,425
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2010
Sold by
Lynch Tamera
Bought by
Lynch Tamera and The Tamera Lynch Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Lynch Tamera
Bought by
Lynch Tamera and The Tamera Lynch Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Lynch Tamera
Bought by
Lynch Tamera and Tamera Lynch Revocable Living

Purchase Details

Closed on
Dec 11, 2001
Sold by
Concord Investment
Bought by
Lynch Tamera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,800
Interest Rate
6.39%

Purchase Details

Closed on
Dec 3, 2001
Sold by
Tan Michael H C and Tan Amy S H
Bought by
Sun Cheng and Sun Corinna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,800
Interest Rate
6.39%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Kanamala Nagakanth $925,000 Stewart
Swartz Kelly Ann $849,000 Progressive Title
Lynch Tamera -- None Available
Lynch Tamera -- None Available
Lynch Tamera -- None Available
Lynch Tamera -- None Available
Lynch Tamera -- Western Resources Title
Lynch Tamera -- Western Resources Title
Lynch Tamera -- None Available
Lynch Tamera $423,500 Gateway Title Company
Sun Cheng -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanamala Nagakanth $679,000
Previous Owner Swartz Kelly Ann $549,000
Previous Owner Lynch Tamera $378,425
Previous Owner Lynch Tamera $396,000
Previous Owner Lynch Tamera $396,000
Previous Owner Lynch Tamera $338,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2018 07/03/18 Sold $925,000 -0.4% $450 / Sq Ft
05/27/2018 05/27/18 Price Changed $929,000 +1.1% $452 / Sq Ft
05/17/2018 05/17/18 For Sale $919,000 +8.2% $447 / Sq Ft
01/11/2017 01/11/17 Sold $849,000 0.0% $413 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $849,000 -- $413 / 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
2025 $11,935 $1,031,849 $707,348 $324,501
2024 $11,935 $1,011,618 $693,479 $318,139
2023 $11,367 $991,783 $679,882 $311,901
2022 $11,216 $972,337 $666,551 $305,786
2021 $10,987 $953,273 $653,482 $299,791
2019 $10,776 $925,000 $634,100 $290,900
2018 $9,964 $865,980 $573,138 $292,842
2016 $6,329 $528,488 $322,585 $205,903
2015 $6,215 $520,551 $317,740 $202,811
2014 $6,138 $510,355 $311,516 $198,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18117287

California Regional Multiple Listing Service (CRMLS)

APN: 7518-006-051