NOT LISTED FOR SALE

261 Redlands St Playa Del Rey, CA 90293

Estimated Value: $3,467,674 - $4,121,000

5 Beds
4 Baths
3,068 Sq Ft
$1,195/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $3,440,000 $1,121 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,089/month

85 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • Primary Bedroom Suite
  • Kentwood Elementary Rated A-
  • Rooftop Deck
  • Fireplace in Primary Bedroom

About This Home

As of September 2022

With breathtaking ocean views, this modern beach house redefines Playa del Rey coastal living. Juxtaposing traditional with contemporary, 261 Redlands presents the opportunity to explore that which rests between the two. This architectural masterpiece was meticulously designed and recently remodeled with attention to detail throughout and spectacular outlooks from every corner of the expansive floor plan. Enter through the grand foyer into the open concept great room with dramatic coffered ceilings, fireplace, and distressed walnut floors. Awe-inspiring views from every window and dual French doors provide the ultimate indoor/outdoor flow from the living space to the backyard pool and spa overlooking the Pacific. The astounding gourmet kitchen features custom cabinetry, Viking appliances, an expansive 9-foot honed Calcatta marble topped island, and a pass-through window for easy access to the backyard. A dramatic nautilus-style staircase with iron railing leads upstairs to the ultra-luxurious owner's suite which offers privacy, high ceilings, twin walk-out ocean view balconies, and fireplace. A marble bathroom with walk-in steam shower, spa tub, dual sinks and vanity complete the impression ensuite primary. The artfully designed layered spatial experiences promote a true sense of home with both intimate and public spaces. An expansive roof deck with white water ocean views, fire pit lounge, dining, and sunbathing areas greets the oversized guest suite with direct access to this sublime outdoor living area. Two additional bedrooms and stunning newly remodeled baths, an office with wall to wall twin built-in desks and bookshelves complete the living space. Exquisite details including a built-in one-hundred bottle capacity wine rack, bay window, full home automation system, stunning tile work and glass railings plus easy access to South Bay, LAX and the Westside, make this spectacular home a superb example of coastal LA living.

Last Agent to Sell the Property

Stephanie Younger

Compass License #01365696 Listed on: 05/18/2022

Compass

Co-Listed By

Amber McLain

Compass License #01306034

Last Buyer's Agent

Rhonda Halfon

Exclusive Realty Inc License #01484509

Exclusive Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,448

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,041 Sq Ft Lot
  • Lot Dimensions are 45x112
  • West Facing Home
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Views of a landmark

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 3,068 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Bay Window
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Dressing Area
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered patio or porch

Utilities

  • Central Heating
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4116-027-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,448

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: With breathtaking ocean views, this modern beach house redefines Playa del Rey coastal living. Juxtaposing traditional with contemporary, 261 Redlands presents the opportunity to explore that which rests between the two. This architectural masterpiece was meticulously designed and recently remodeled with attention to detail throughout and spectacular outlooks from every corner of the expansive floor plan. Enter through the grand foyer into the open concept great room with dramatic coffered ceilings, fireplace, and distressed walnut floors. Awe-inspiring views from every window and dual French doors provide the ultimate indoor/outdoor flow from the living space to the backyard pool and spa overlooking the Pacific. The astounding gourmet kitchen features custom cabinetry, Viking appliances, an expansive 9-foot honed Calcatta marble topped island, and a pass-through window for easy access t
  • Entry Location: Foyer
  • Living Area: 3068
  • Lot Acreage: 0.1157
  • Lot Dimensions: 45x112
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Coffered Ceiling(s), Crown Moldings, High Ceilings (9 Feet+), Two Story Ceilings, Recessed Lighting
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood, Carpet, Marble, Mixed, Stone
  • Appliances: Range, Range Hood, Microwave
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall, Remodeled, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island, Breakfast Counter / Bar
  • Kitchen Features: Remodeled, Stone Counters, Island, Pantry
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1091.59
  • Windows: Bay Window, Custom Window Covering, Skylights, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, French Doors, Full Copper Plumbing, High Ceilings (9 Feet+)
  • Other Structures: None
  • Fence: Glass/Plexiglass
  • Patio: Balcony, Covered Porch, Deck(s), Roof Top Deck
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: In Ground, Hot Tub
  • Spa Yn: Yes
  • View: White Water, Water, Ocean, Panoramic, Landmark, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car, Direct Entrance, Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4116-027-013
  • Lot Description: Back Yard, Front Yard
  • Lot Size Area: 5041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 6, 2022
Sold by
Vincent Lewis Living Trust
Bought by
Talus Family Trust
Seller's Agent
Stephanie Younger
Compass
Buyer's Agent
Rhonda Halfon
Exclusive Realty Inc
List Price
$3,495,000
Sold Price
$3,440,000
Premium/Discount to List
-$55,000
-1.57%
Views
8
Current Estimated Value
$3,570,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,961
Avg. Annual Appreciation
2.21%
Original Mortgage
$2,408,000
Outstanding Balance
$2,255,706
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,409,963

Purchase Details

Closed on
Aug 30, 2018
Sold by
Lewis Vincent and Barkley Bethe
Bought by
Lewis Vincent and Vincent Lewis Living Trust

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 18, 2015
Sold by
Waggoner Jason K and Mouchka Molly M
Bought by
Lewis Vincent and Barkley Bethe
Seller's Agent
James Suarez
Real Broker
Buyer's Agent
Jennifer Lax
Power Brokers
List Price
$2,295,000
Sold Price
$2,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,819,200
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 5, 2007
Sold by
Mouchka Molly M and Waggoner Jason K
Bought by
Waggoner Jason K and Mouchka Molly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2005
Sold by
Pfeifer Lee
Bought by
Mouchka Molly M and Waggoner Jason K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Talus Family Trust $3,440,000 --
Lewis Vincent -- None Available
Lewis Vincent $2,274,000 Chicago Title
Waggoner Jason K -- Chicago Title Co
Mouchka Molly M $1,595,000 Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talus Family Trust $2,408,000
Previous Owner Lewis Vincent $2,000,000
Previous Owner Lewis Vincent $1,819,200
Previous Owner Waggoner Jason $236,953
Previous Owner Waggoner Jason K $300,000
Previous Owner Waggoner Jason K $1,430,000
Previous Owner Waggoner Jason K $200,000
Previous Owner Waggoner Jason K $1,400,000
Previous Owner Mouchka Molly M $999,950
Previous Owner Mouchka Molly M $1,000,000
Previous Owner Pfeifer Lee $303,000
Previous Owner Pfeifer Lee $275,000
Previous Owner Pfeifer Lee $805,000
Closed Mouchka Molly M $435,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $3,440,000 +2.7% $1,121 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $3,349,000 -4.2% $1,092 / Sq Ft
05/18/2022 05/18/22 For Sale $3,495,000 +52.3% $1,139 / Sq Ft
03/31/2015 03/31/15 Sold $2,295,000 0.0% $748 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $2,295,000 -- $748 / 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
2025 $42,448 $3,578,975 $2,570,412 $1,008,563
2024 $42,448 $3,508,800 $2,520,012 $988,788
2023 $41,617 $3,440,000 $2,470,600 $969,400
2022 $30,371 $2,575,368 $1,802,986 $772,382
2021 $30,001 $2,524,872 $1,767,634 $757,238
2019 $29,094 $2,449,985 $1,715,206 $734,779
2018 $28,978 $2,401,947 $1,681,575 $720,372
2016 $27,720 $2,308,678 $1,616,278 $692,400
2015 $16,892 $1,400,000 $1,000,000 $400,000
2014 $17,278 $1,400,000 $1,000,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-157789

The MLS

APN: 4116-027-013