NOT LISTED FOR SALE

Estimated Value: $619,000 - $657,000

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

Last Sold December 22, 2022

Last sale price $545,000 $690 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,455/month

Highlights

  • Senior Community
  • 0.6 Acre Lot
  • Den
  • City Lights View
  • Wood Flooring
  • 2-minute walk to Mathews Parkette

About This Home

As of December 2022

55+ complex. This is a beautiful TOP FLOOR one bedroom PLUS den/office condo located only 1.5 miles from the beach. This home features: high ceilings, large windows, and arched doorways, shiny wood & carpeted floors, a private balcony, air conditioning, inside laundry, a lovely kitchen with granite countertops, stainless steel appliances, and upgraded drawer organizers. The bedroom features a spacious walk-in closet. The tiled bathroom has a large shower with a bench. The Montecito has common patios with fireplaces and an elevator. ONE parking space in a secured underground structure. Earthquake insurance and water is included in the HOA fee. Non smoking complex. Common elevator. Common area sitting area with 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. FHA approved complex.

Last Listed By

Susan Jones

Compass License #01015290 Listed on: 12/22/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Community Parking Structure

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 790 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Den
  • City Lights Views

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Community Details

  • Senior Community
  • 51 Units
  • Horizon Association, Phone Number (310) 543-1995

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60361
  • Assessor Parcel Number 4155030096
  • $396 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,424

Year Built

Built in 2008

Lot Details

0

HOA Fees

$413 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RBGC*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4155030096
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 790.00 Square Feet
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 689.87
  • Room Type: Den, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Direction Faces: South
  • View: City Lights
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Structure
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 413.00
  • Association Fee Frequency: Monthly
  • Association Name: Horizon
  • Phone: 3105431995
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Gutters
  • Association Management: Horizon

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: 51
  • Number Of Units Total: 51

Tax Info

  • Tax Census Tract: 6205.22
  • Tax Lot: 1
  • Tax Tract Number: 60361
  • TaxOtherAnnualAssessmentAmount: 396.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Nov 17, 2022
Sold by
Danna Daniel
Bought by
Sylvester Kenneth Michael
Seller's Agent
Susan Jones
Compass
Buyer's Agent
Mildred Chavez
Estate Properties
List Price
$539,000
Sold Price
$545,000
Premium/Discount to List
$6,000
1.11%
Current Estimated Value
$632,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,583
Avg. Annual Appreciation
4.77%
Original Mortgage
$535,128
Outstanding Balance
$522,025
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$86,923

Purchase Details

Closed on
Oct 20, 2011
Sold by
Watt Communities At The Montecito Llc
Bought by
Danna Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.95%
Mortgage Type
New Conventional

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
Sylvester Kenneth Michael $545,000 Doma Title
Danna Daniel $246,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Kenneth Michael $535,128
Previous Owner Danna Daniel $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $545,000 +1.1% $690 / Sq Ft
12/22/2022 12/22/22 For Sale $539,000 -- $682 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
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
2024 $6,424 $555,900 $166,260 $389,640
2023 $6,307 $545,000 $163,000 $382,000
2022 $3,616 $291,159 $101,785 $189,374
2021 $3,531 $285,451 $99,790 $185,661
2019 $3,465 $276,986 $96,831 $180,155
2018 $3,387 $271,556 $94,933 $176,623
2016 $3,288 $261,013 $91,248 $169,765
2015 $3,229 $257,093 $89,878 $167,215
2014 $3,159 $252,058 $88,118 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22258185

California Regional Multiple Listing Service (CRMLS)

APN: 4155-030-096