NOT LISTED FOR SALE

Estimated Value: $602,000 - $652,000

1 Bed
1 Bath
790 Sq Ft
$413/mo HOA Fee

Last Sold September 08, 2023

Last sale price $549,000 $695 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,426/month

6 Days on Market

Highlights

  • Automatic Gate
  • 0.6 Acre Lot
  • Mediterranean Architecture
  • Madison Elementary School Rated A+
  • Wood Flooring
  • 2-minute walk to Mathews Parkette

About This Home

As of September 2023

55+ complex. Now is your opportunity to own this beautiful air conditioned one bedroom PLUS den/office condo located only 1.5 miles from the beach. This home features: high ceilings, arched doorways, wood flooring and a double door entry to the private balcony. Fresh paint throughout. The lovely kitchen features granite countertops, stainless steel appliances, and tile floors. The bedroom has brand new carpeting and a spacious walk-in closet. There is a large shower in the tiled bathroom. Laundry closet has a stacked washer/dryer. This particular condo comes with a storage unit located above the parking space. New water heater. The Montecito has common patios with fireplaces and a elevator. ONE parking space in a secured underground structure. Two pets are allowed. Earthquake insurance and water is included in the HOA fee. Non smoking complex. Common area sitting areas have a fireplace. This building is in a fantastic location. Close to shops, restaurants, fitness clubs, and library, and the ocean. One occupant must be 55+ but ANY age can buy.

Last Listed By

Lynn O'Donnell

Vista Sotheby's International Realty License #01350661 Listed on: 08/02/2023

Vista Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,425

Year Built

  • Built in 2008

Lot Details

  • South Facing Home

HOA Fees

  • $413 Monthly HOA Fees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Automatic Gate

Outdoor Features

  • Living Room Balcony
  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4155-030-067

Community Details

Overview

  • Association fees include water, insurance, earthquake insurance
  • 52 Units
  • Horizon Management Association

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,425

Year Built

Built in 2008

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: The Montecito
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 790
  • Lot Acreage: 0.5961
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 2008
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting
  • Flooring: Mixed, Wood, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Closet
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Washer
  • Price Per S Q F T: 694.94

Exterior Features

  • Balcony: South/West
  • Direction Faces: South
  • Other Features: Balcony
  • Exposure: South
  • Patio: Living Room Balcony
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated
  • Total Parking: 1

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Fire Sprinklers, Automatic Gate
  • Water: District

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Gated Parking
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Insurance, Earthquake Insurance
  • HOA Fees: 413.00
  • Management Company: Horizon Management
  • Mgmt Co Phone: 3105431995|
  • HOA: Yes

Schools

  • School District: Redondo Unified

Lot Info

  • Assessor Parcel Number: 4155-030-067
  • Lot Size Area: 25968

Multi Family

  • Number Of Units: 52

MLS Schools

  • School District: Redondo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Balagia June
Bought by
Balagia June Ellen and Balagia June Ellen
Total Days on Market
6
Current Estimated Value
$627,199

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 1, 2023
Sold by
Terhune Mary Elizabeth
Bought by
Cawthorn Bridget A
Seller's Agent
Lynn O'Donnell
Vista Sotheby's International Realty
Buyer's Agent
Lynn O'Donnell
Vista Sotheby's International Realty
List Price
$549,000
Sold Price
$549,000
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$494,100
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2023
Closed on
Aug 17, 2023
Sold by
Mary E Terhune Trust
Bought by
Shinn Amy and Balagia June
Seller's Agent
Lynn O'Donnell
Vista Sotheby's International Realty
Buyer's Agent
Lynn O'Donnell
Vista Sotheby's International Realty
List Price
$549,000
Sold Price
$549,000
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,100
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2019
Sold by
Terhune Mary E
Bought by
Terhune Mary E and Mary E Terhune Trust

Purchase Details

Closed on
Oct 7, 2010
Sold by
Watt Communities At The Montecito Llc
Bought by
Terhune Mary E

Range of Values:

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Average Value
Not Available
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
Balagia June Ellen -- None Listed On Document
Amy Shinn Living Trust -- None Listed On Document
Shinn Amy $549,000 Chicago Title
Shinn Amy -- Chicago Title
Terhune Mary E -- None Available
Terhune Mary E $322,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shinn Amy $494,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $549,000 0.0% $695 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $549,000 -- $695 / Sq Ft
Source: The MLS

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
2024 $6,425 $549,000 $260,000 $289,000
2023 $2,103 $161,806 $49,414 $112,392
2022 $2,076 $158,635 $48,446 $110,189
2021 $2,028 $155,526 $47,497 $108,029
2019 $1,988 $150,915 $46,089 $104,826
2018 $1,942 $147,957 $45,186 $102,771
2016 $1,883 $142,213 $43,432 $98,781
2015 $1,849 $140,078 $42,780 $97,298
2014 $1,798 $137,335 $41,942 $95,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-296041

The MLS

APN: 4155-030-067