Seller's Agent in 2020
John Katnik
BRC Advisors- BH
(310) 956-2291
72 Total Sales
2408 Mathews Ave Redondo Beach, CA 90278
North Redondo Beach Neighborhood
8
Beds
4
Baths
3,500
Sq Ft
7,497
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Carpet
- Madison Elementary School Rated A+
- Turnkey
About This Home
As of March 2020This home is located at 2408 Mathews Ave, Redondo Beach, CA 90278 and is currently priced at $955,000, approximately $272 per square foot. This property was built in 1963. 2408 Mathews Ave is a home located in Los Angeles County with nearby schools including Madison Elementary School, Adams Middle School, and Redondo Union High School.
Last Agent to Sell the Property
Ralph Lombardi
South Bay Property Management, Inc. License #01395471 Listed on: 07/13/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,748
Year Built
- Built in 1963
Lot Details
- 7,497 Sq Ft Lot
Parking
- 4 Car Garage
Home Design
- Turnkey
Interior Spaces
- 3,500 Sq Ft Home
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Listing and Financial Details
- Tax Lot 8060
- Tax Tract Number 2
- Assessor Parcel Number 4153005008
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $660
- Insurance Expense $1,300
- Trash Expense $2,675
- Water Sewer Expense $3,115
- New Taxes Expense $10,450
- Gross Income $4,900
- Net Operating Income $40,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2020
Closed on
Mar 12, 2020
Sold by
Isley Paul T and Isley Elizabeth
Bought by
The Third M Llc
Seller's Agent
John Katnik
BRC Advisors- BH
Buyer's Agent
Michael Wright
List Price
$2,100,000
Sold Price
$1,985,000
Premium/Discount to List
-$115,000
-5.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,808
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,300,000
Outstanding Balance
$1,148,043
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,298,772
Purchase Details
Closed on
Oct 29, 2013
Sold by
Isley Paul T and Isley Paul T
Bought by
Isley Paul T and Isley Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 13, 2012
Closed on
Oct 24, 2012
Sold by
Isley Elizabeth Ann
Bought by
Isley Paul T
Seller's Agent
Ralph Lombardi
South Bay Property Management, Inc.
Buyer's Agent
Stephen Lampe
Re/Max Commercial & Investment
List Price
$950,000
Sold Price
$955,000
Premium/Discount to List
$5,000
0.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$150,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Jul 13, 2012
Closed on
Oct 16, 2012
Sold by
Saul James E and Saul Elizabeth L
Bought by
Isley Paul T and Isley Paul T
Seller's Agent
Ralph Lombardi
South Bay Property Management, Inc.
Buyer's Agent
Stephen Lampe
Re/Max Commercial & Investment
List Price
$950,000
Sold Price
$955,000
Premium/Discount to List
$5,000
0.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 22, 1999
Sold by
Saul James E and Saul Elizabeth L
Bought by
James Edward and James Elizabeth Lou
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,985,000 | North American Title | |
| Interfamily Deed Transfer | -- | Wfg Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $955,000 | Old Republic Title Co | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $550,000 | New Conventional | |
| Previous Owner | $150,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2020 03/24/20 | Sold | $1,985,000 | -5.5% | $567 / Sq Ft |
| 02/13/2020 02/13/20 | Pending | -- | -- | -- |
| 01/23/2020 01/23/20 | For Sale | $2,100,000 | +119.9% | $600 / Sq Ft |
| 11/21/2012 11/21/12 | Sold | $955,000 | +0.5% | $273 / Sq Ft |
| 10/05/2012 10/05/12 | Pending | -- | -- | -- |
| 07/13/2012 07/13/12 | For Sale | $950,000 | -- | $271 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $24,748 | $2,170,883 | $1,421,738 | $749,145 |
| 2024 | $24,748 | $2,128,317 | $1,393,861 | $734,456 |
| 2023 | $24,291 | $2,086,586 | $1,366,531 | $720,055 |
| 2022 | $23,966 | $2,045,674 | $1,339,737 | $705,937 |
| 2021 | $23,399 | $2,005,564 | $1,313,468 | $692,096 |
| 2020 | $13,349 | $1,077,703 | $626,515 | $451,188 |
| 2019 | $13,082 | $1,056,573 | $614,231 | $442,342 |
| 2018 | $12,693 | $1,035,857 | $602,188 | $433,669 |
| 2016 | $12,282 | $995,635 | $578,805 | $416,830 |
| 2015 | $12,058 | $980,680 | $570,111 | $410,569 |
| 2014 | $11,915 | $961,471 | $558,944 | $402,527 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2020
Michael Wright
-
R
Seller's Agent in 2012
Ralph Lombardi
South Bay Property Management, Inc.
-
Buyer's Agent in 2012
Stephen Lampe
RE/MAX
(310) 802-2500
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12089809
APN: 4153-005-008
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