NOT LISTED FOR SALE

1918 Carnegie Ln Redondo Beach, CA 90278

North Redondo Beach Neighborhood

Estimated Value: $1,846,000 - $2,555,870

8 Beds
4 Baths
2,904 Sq Ft
$752/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $995,000 $343 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $13,117/month

11 Days on Market

About This Home

As of October 2012

ADORABLE UNITS. MOST UNITS WITH NEWER KITCHEN CABINETS AND COUNTERTOPS. NEWER BATHROOM FIXTURES. ALL UNITS VERY NICE INSIDE. ALL UNITS WITH NEW PATIOS OFF THE KITCHEN IN BACK. ONE UNIT WITH A FRONT PATIO AND ANOTHER UNIT WITH A LARGE YARD.
EXCELLENT WESTERLY LOCATION, QUIET STREET NEAR THE PARK. EACH UNIT WITH A 1 CAR GARAGE PLUS I SPACE IN FRONT OF THE GARAGE. ALL UNITS HAVE 2 BEDROOMS AND 1 BATHROOM AND HAVE LAUNDRY HOOK-UPS. COPPER PLUMBING, MUCH MORE!!

Last Agent to Sell the Property

Christine Ballesteros

Estate Properties License #01280270 Listed on: 08/14/2012

Estate Properties

Co-Listed By

jim harrison

Estate Properties License #00813378

Last Buyer's Agent

Sean Goodsell

Vista Sotheby’s International Realty License #01258158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,531

Year Built

  • Built in 1958

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 4 Car Garage

Home Design

  • 2,904 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2230
  • Assessor Parcel Number 4156011003

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $300
  • Insurance Expense $2,000
  • Trash Expense $600
  • New Taxes Expense $12,000
  • Gross Income $5,680
  • Net Operating Income $47,922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,531

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.00
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 4156011003
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 342.63

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Trash Expense: 600.00

Lot Info

  • Lot Size: 50X150
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 5680.00
  • Gross Multiplier: 14.30
  • Gross Scheduled Income: 68160.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 47922.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 20448.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 5680.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 8
  • Tax Tract Number: 2230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2014
Sold by
Savikas Victor G and Savikas Muriel S
Bought by
V & M Trust
Total Days on Market
11
Current Estimated Value
$2,184,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$383,684
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,851,996

Purchase Details

Closed on
Dec 19, 2012
Sold by
Savikas Victor G and Savikas Muriel S
Bought by
Savikas Victor G and Savikas Muriel S

Purchase Details

Listed on
Aug 14, 2012
Closed on
Sep 4, 2012
Sold by
Bishop Mary Catherine and The M C Bishop Family Trust
Bought by
Savikas Victor G and Savikas Muriel S
Seller's Agent
Christine Ballesteros
Estate Properties
Buyer's Agent
Sean Goodsell
Vista Sotheby’s International Realty
List Price
$975,000
Sold Price
$995,000
Premium/Discount to List
$20,000
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Bishop Mary
Bought by
Bishop Mary Catherine and M C Bishop Family Trust

Purchase Details

Closed on
Jun 20, 2002
Sold by
Thompson David M
Bought by
Bishop Mary

Purchase Details

Closed on
Jun 13, 2002
Sold by
Johnson Richard C
Bought by
Bishop Mary

Purchase Details

Closed on
Aug 5, 1996
Sold by
Johnson Richard C
Bought by
Johnson Richard C and Bishop Mary
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
V & M Trust -- Progressive Title Company
Savikas Victor G -- Progressive Title Company
Savikas Victor G -- None Available
Savikas Victor G -- None Available
Savikas Victor G $995,000 Pacific Coast Title
Bishop Mary Catherine -- None Available
Bishop Mary -- Investors Title
Bishop Mary -- Investors Title
Johnson Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savikas Victor G $500,000
Previous Owner Bishop Mary $545,000
Previous Owner Bishop Mary $510,000
Previous Owner Bishop Mary $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $995,000 +2.1% $343 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $975,000 -- $336 / 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 $14,531 $1,225,259 $985,138 $240,121
2024 $14,531 $1,201,235 $965,822 $235,413
2023 $14,270 $1,177,683 $946,885 $230,798
2022 $14,082 $1,154,592 $928,319 $226,273
2021 $13,761 $1,131,954 $910,117 $221,837
2020 $13,778 $1,120,348 $900,785 $219,563
2019 $13,502 $1,098,381 $883,123 $215,258
2018 $13,112 $1,076,845 $865,807 $211,038
2017 $12,916 $1,055,731 $848,831 $206,900
2016 $12,697 $1,035,032 $832,188 $202,844
2015 $12,465 $1,019,486 $819,688 $199,798
2014 $12,315 $999,517 $803,632 $195,885
Source: Public Records

Agents Affiliated with this Home

  • Christine Ballesteros

    Seller's Agent in 2012

    Christine Ballesteros

    RE/MAX

    (310) 766-6069

    7 in this area

    46 Total Sales

    Christine Ballesteros
    Section Image

  • j

    Seller Co-Listing Agent in 2012

    jim harrison

    RE/MAX

    (310) 316-8464

    7 in this area

    44 Total Sales

    jim harrison
    Section Image

  • S

    Buyer's Agent in 2012

    Sean Goodsell

    Vista Sotheby’s International Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12101886

California Regional Multiple Listing Service (CRMLS)

APN: 4156-011-003

California Los Angeles County Redondo Beach 90278 North Redondo Beach

1918 Carnegie Ln, Redondo Beach, CA

This home is located at 1918 Carnegie Ln, Redondo Beach, CA 90278 since 14 August 2012 and is currently estimated at $2,184,968, approximately $752 per square foot. This property was built in 1958. 1918 Carnegie Ln is a home located in Los Angeles County with nearby schools including Birney Elementary School, Adams Middle School, and Redondo Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes