NOT LISTED FOR SALE

Estimated Value: $598,000 - $729,000

1 Bed
1 Bath
815 Sq Ft
$354/mo HOA Fee

Last Sold November 22, 2019

Last sale price $440,000 $540 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,248/month

17 Days on Market

Highlights

  • Active Adult
  • 0.6 Acre Lot
  • Wood Flooring
  • City Lights View
  • Open Floorplan
  • 2-minute walk to Mathews Parkette

About This Home

As of November 2019

Welcome home to this gorgeous one-bedroom condo that has lovely sunrise and city views and is located only a mile from the beach. 55+ complex. One occupant must be 55+ but any age can buy. Features include; shiny wood floors, a private balcony, air conditioning, inside laundry, a beautiful kitchen with granite countertops & stainless appliances, high ceilings, large windows, and arched doorways. The master bedroom features a spacious walk-in closet, ceiling fan, and access to the patio. The tiled bathroom has a large shower with a bench. This unit comes with a storage unit located above the parking space. Retractable screen doors are installed on all of the doors. The Montecito has common patios with fireplaces and an elevator. ONE parking space in a secured underground structure. Two pets are allowed. Water and earthquake insurance are included in the HOA fee. This building is in a fantastic location. Walk to shops, restaurants, fitness clubs, and the library. Now is your opportunity to own this wonderful condo.

Last Agent to Sell the Property

Lynn O'Donnell

Vista Sotheby’s International Realty License #01350661 Listed on: 10/01/2019

Vista Sotheby’s International Realty

Last Buyer's Agent

Lynn O'Donnell

Vista Sotheby’s International Realty License #01350661 Listed on: 10/01/2019

Vista Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 2008

Lot Details

  • 0.6

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 815 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Track Lighting
  • Drapes & Rods
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage
  • City Lights Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Stone Bathroom Countertops
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Security Lights
  • Closed Circuit Camera

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom
  • No Interior Steps

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Living Room Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 60361
  • Assessor Parcel Number 4155030094

Community Details

Overview

  • Active Adult
  • Master Insurance
  • 48 Units
  • Montecito Homes Association, Phone Number (310) 543-1995
  • Horizon Management HOA
  • Maintained Community

Amenities

  • Meeting Room

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,499

Year Built

Built in 2008

Lot Details

0

HOA Fees

$354 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: RBGC*
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4155030094
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 815.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Balcony, Open Floorplan, Storage, Track Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom(s), No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 539.88
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Drapes
  • Bathroom Features: Shower, Exhaust Fan(s), Stone Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room, Earthquake Insurance, Insurance, Maintenance Grounds, Water, Pet Rules, Pets Permitted, Controlled Access
  • Association Fee: 353.98
  • Association Fee Frequency: Monthly
  • Association Name: Montecito Homes
  • Phone: 3105431995
  • Senior Community: Yes
  • Community Features: Sidewalks
  • Association Management: Horizon management

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 25968.00
  • Lot Size Acres: 0.5961

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25968.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Census Tract: 6205.22
  • Tax Lot: 1
  • Tax Tract Number: 60361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 27, 2019
Sold by
Savelli John
Bought by
Daly Mary K O
Seller's Agent
Lynn O'Donnell
Vista Sotheby’s International Realty
Buyer's Agent
Lynn O'Donnell
Vista Sotheby’s International Realty
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$648,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,098
Avg. Annual Appreciation
6.34%
Original Mortgage
$330,000
Interest Rate
3.5%

Purchase Details

Closed on
Oct 12, 2018
Sold by
Savelli Gregory John
Bought by
Savelli Gregory John and The Gregory John Savelli Livin

Purchase Details

Closed on
Mar 28, 2014
Sold by
Shankle John W and Kostelecky Shankle Georgina M
Bought by
Savelli Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Watt Communties At The Montecito Llc
Bought by
Shankle John W and Kostelecky Shankle Georgina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Daly Mary K O $440,000 North American Title Company
Savelli Gregory John -- None Available
Savelli Gregory John $348,000 Ortc
Shankle John W $234,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Mary K O $330,000
Previous Owner Savelli Gregory John $278,400
Previous Owner Shankle John W $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $440,000 +2.3% $540 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/15/2019 10/15/19 Price Changed $429,900 -4.3% $527 / Sq Ft
10/01/2019 10/01/19 For Sale $449,000 +29.0% $551 / Sq Ft
08/06/2014 08/06/14 Sold $348,000 +0.9% $427 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
05/27/2014 05/27/14 Price Changed $345,000 -4.1% $423 / Sq Ft
03/20/2014 03/20/14 For Sale $359,900 -- $442 / 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 $5,499 $481,198 $120,298 $360,900
2024 $5,499 $471,764 $117,940 $353,824
2023 $5,400 $462,515 $115,628 $346,887
2022 $5,327 $453,447 $113,361 $340,086
2021 $5,200 $444,557 $111,139 $333,418
2020 $5,283 $440,000 $110,000 $330,000
2019 $4,549 $374,929 $112,047 $262,882
2018 $4,447 $367,578 $109,850 $257,728
2016 $4,318 $353,307 $105,586 $247,721
2015 $4,239 $348,000 $104,000 $244,000
2014 $3,022 $239,763 $81,970 $157,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19233322

California Regional Multiple Listing Service (CRMLS)

APN: 4155-030-094