Seller's Agent in 2016
Lynn Peters
Compass
12 in this area
46 Total Sales
420 Esplanade Unit 5 Redondo Beach, CA 90277
Estimated Value: $1,478,179 - $2,024,000
2
Beds
2.5
Baths
1,800
Sq Ft
$495/mo
HOA Fee
Highlights
- Ocean View
- In Ground Pool
- Ocean Side of Highway 1
- Alta Vista Elementary School Rated A+
- Primary Bedroom Suite
- Property is near a park
About This Home
As of June 2016LOCATION! LOCATION! LOCATION! JUST IN TIME FOR SUMMER! Enjoy gorgeous OCEAN & SUNSET views from this fabulous 2 bedroom, plus loft, 2 1/2 bath townhouse style condo with air conditioning! This unique home is situated across from Veteran's Park, the Redondo Beach Pier & the gorgeous Pacific Ocean. Both bedrooms are on the same/main floor. The en-suite master features a remodeled bathroom, 16 foot ceilings, & private patio. The second bedroom opens out to an enclosed patio and is just steps to a remodeled full bath. The kitchen has been updated with new stainless steel appliances, (Range/Dishwasher/Refrigerator) quartz counter tops, & direct access to enclosed patio. Just outside the kitchen is a large dining area, a spacious living room with 16 foot ceilings, a fireplace & a west facing balcony overlooking the pool with VIEWS of the Pacific Ocean. Upstairs you will enjoy an open loft, great for an office, art studio, guest room, or play room, also featuring a half bath and laundry area. Off of the bathroom is plenty of storage. The HOA offers storage for bikes, EQ insurance, 2 assigned subterranean gated parking spaces, 2 assigned storage areas in garage, and a community pool & spa. This unique property is a must see! (Enter off of Catalina.)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,749
Year Built
- Built in 1985
Lot Details
- 0.53
HOA Fees
- $495 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Community Parking Structure
Property Views
- Ocean
- Views of a pier
- Park or Greenbelt
Interior Spaces
- 1,800 Sq Ft Home
- Two Story Ceilings
- Ceiling Fan
- Double Door Entry
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Loft
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- Retreat
- Primary Bedroom on Main
- Primary Bedroom Suite
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- Accessible Elevator Installed
- Accessible Parking
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Ocean Side of Highway 1
- Living Room Balcony
- Patio
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Additional Features
- Two or More Common Walls
- Property is near a park
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 30368
- Assessor Parcel Number 7508004045
Community Details
Overview
- Master Insurance
- 12 Units
- Maintained Community
Amenities
- Meeting Room
- Community Storage Space
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2019
Sold by
Esserman Neal and Esserman Andrea
Bought by
Esserman Trust
Current Estimated Value
Purchase Details
Listed on
Apr 27, 2016
Closed on
May 10, 2016
Sold by
Cater John William and Cater Beth Ellen
Bought by
Esserman Neal and Esserman Andrea
Seller's Agent
Lynn Peters
Compass
Buyer's Agent
Michael Backes
Beach City Brokers
List Price
$939,000
Sold Price
$975,000
Premium/Discount to List
$36,000
3.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$731,250
Outstanding Balance
$580,795
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,136,250
Purchase Details
Closed on
Nov 24, 2010
Sold by
Cater John W and Cater Beth Ellen
Bought by
Cater John William and Cater Beth Ellen
Purchase Details
Closed on
Jul 31, 2003
Sold by
The Frances Hollaway Dunn Trust
Bought by
Cater John W and Cater Beth Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 30, 1994
Sold by
Dunn Frances Hollaway
Bought by
Dunn Frances Hollaway
Purchase Details
Closed on
Dec 13, 1993
Sold by
Miller Gavin
Bought by
Dunn Frances Hollaway
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
7.2%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Esserman Trust | -- | None Available | |
| Esserman Neal | $975,000 | Progressive Title Company | |
| Cater John William | -- | None Available | |
| Cater John W | $525,000 | California Title Company | |
| Dunn Frances Hollaway | -- | -- | |
| Dunn Frances Hollaway | $300,000 | Continental Lawyers Title Co | |
| Miller Gavin | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Esserman Neal | $731,250 | |
| Previous Owner | Cater John W | $420,000 | |
| Previous Owner | Dunn Frances Hollaway | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2016 06/07/16 | Sold | $975,000 | +3.8% | $542 / Sq Ft |
| 05/04/2016 05/04/16 | Pending | -- | -- | -- |
| 04/27/2016 04/27/16 | For Sale | $939,000 | -- | $522 / 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 | $12,749 | $1,154,194 | $859,906 | $294,288 |
| 2024 | $12,749 | $1,131,564 | $843,046 | $288,518 |
| 2023 | $12,513 | $1,109,377 | $826,516 | $282,861 |
| 2022 | $12,344 | $1,087,625 | $810,310 | $277,315 |
| 2021 | $12,089 | $1,066,300 | $794,422 | $271,878 |
| 2019 | $11,852 | $1,034,675 | $770,860 | $263,815 |
| 2018 | $11,566 | $1,014,389 | $755,746 | $258,643 |
| 2016 | $7,358 | $630,541 | $447,626 | $182,915 |
| 2015 | $7,223 | $621,071 | $440,903 | $180,168 |
| 2014 | $7,128 | $608,906 | $432,267 | $176,639 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Peters
-
Michael Backes
Buyer's Agent in 2016
Michael Backes
Beach City Brokers
(310) 363-5560
3 in this area
11 Total Sales
-
Jocelyn Backes
Buyer Co-Listing Agent in 2016
Jocelyn Backes
Beach City Brokers
(310) 489-1805
5 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16088769
APN: 7508-004-045
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