NOT LISTED FOR SALE

501 Faye Ln Redondo Beach, CA 90277

Estimated Value: $2,099,000 - $2,254,000

3 Beds
3.5 Baths
2,032 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $1,560,000 $768 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,143/month

8 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Corner Lot
  • Alta Vista Elementary School Rated A+
  • Bonus Room
  • High Ceiling

About This Home

As of May 2021

Work, play, and gather in this versatile South Redondo Beach home!  The main house is 2032 SF AND a detached rec./bonus room (permitted) w/ its own 3/4 bath adds an additional 324 SF -Total SF is 2356. Dual pane windows, big sliding doors, and vaulted ceilings create a fresh, open-air atmosphere. The stylish, open floor plan includes a large kitchen that opens out to patio and creates a smooth, effortless transition between indoor (family room/kitchen) and outdoor living. Other features include spacious, sun-lit living room with relaxing fireplace and vaulted ceilings. Kitchen features granite countertops, travertine floors, and stainless appliances. Family room adjacent to the kitchen includes travertine floors and large slider to backyard.  All 3 bedrooms are generously sized and located on the second level. The primary bedroom boasts large bright windows and the 2 additional bedrooms have west facing sliders that lead to a balcony, ideal for welcoming the ocean breeze. Clean and extensive three-car garage includes cabinets, attic, laundry room for storage and direct home access. Flat, grassy backyard - ideal for hot tub, firepit, or both! Perfect for entertaining, outdoor dining, and pets. Large bonus room - perfect for a home office, overnight guests, game room, or possibly an ADU (BTV). Separate access to and from room allows privacy when needed. Highly rated Redondo Beach schools within walking distance, close to beaches and trendy Riviera Village.

Last Agent to Sell the Property

Kathleen Markowski

Vista Sotheby’s International Realty License #01292536 Listed on: 04/08/2021

Vista Sotheby’s International Realty

Last Buyer's Agent

Devra Zandell

Estate Properties License #01418217

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,200

Year Built

  • Built in 1969

Lot Details

  • 5,842 Sq Ft Lot
  • Corner Lot
  • Sprinklers on Timer
  • Back and Front Yard
  • Property is zoned RBR-1

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Location

  • Suburban Location

Schools

  • Alta Vista Elementary School
  • Parras Middle School
  • Redondo Union High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 144
  • Tax Tract Number 8055
  • Assessor Parcel Number 7507025062

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,200

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: RBR-1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7507025062
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2032.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 767.72
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Living Room
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Redondo Unified
  • Elementary School: Alta Vista
  • Middle School: Parras
  • High School: Redondo Union
  • Elementary School: Alta Vista
  • High School: Redondo Union
  • Middle Or Junior School: Parras
  • Elementary School #2: ALTVIS
  • High School2: REDUNI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 5842.00
  • Lot Size Acres: 0.1341

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5842.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6213.01
  • Tax Lot: 144
  • Tax Tract Number: 8055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Apr 20, 2021
Sold by
Tsuji Family Trust and Tsuji Donies
Bought by
Mauri-Guttmann Family Trust and Barbosa
Seller's Agent
Kathleen Markowski
Vista Sotheby’s International Realty
Buyer's Agent
Devra Zandell
Estate Properties
List Price
$1,350,000
Sold Price
$1,560,000
Premium/Discount to List
$210,000
15.56%
Current Estimated Value
$2,183,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,609
Avg. Annual Appreciation
7.87%
Original Mortgage
$205,065
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2009
Sold by
Tsuji Gordon and Tsuji Donies
Bought by
Tsuji Gordon and Tsuji Donies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2008
Sold by
Tsuji Gordon and Tsuji Donies
Bought by
Tsuji Gordon and Tsuji Donies

Purchase Details

Closed on
May 5, 2006
Sold by
Babcock John A and Babcock Darlene
Bought by
Tsuji Gordon Dean and Tsuji Donies Lili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2005
Sold by
Basil Robert P and Simmons Aregelia Munoz
Bought by
Babcock John A and Babcock Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1999
Sold by
Bankers Trust Company
Bought by
Basil Robert P and Simmons Aregelia Munoz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
6.75%

Purchase Details

Closed on
Feb 4, 1998
Sold by
Gonzales Evaristo and Quality Mtg Usa Inc
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

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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
Mauri-Guttmann Family Trust $1,560,000 Lawyers Title
Tsuji Gordon -- Placer Title Company
Tsuji Gordon -- Placer Title Company
Tsuji Gordon -- None Available
Tsuji Gordon Dean $956,000 First American Title
Babcock John A $845,000 Gateway Title Company
Basil Robert P $404,545 First Southwestern Title
Bankers Trust Company $290,600 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mauri-Guttmann Family Trust $205,065
Open Mauri-Guttmann Family Trust $822,375
Previous Owner Tsuji Gordon $417,000
Previous Owner Tsuji Gordon Dean $480,000
Previous Owner Babcock John A $591,500
Previous Owner Basil Robert P $364,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $1,560,000 +15.6% $768 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $1,350,000 -- $664 / 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 $19,200 $1,688,591 $1,350,874 $337,717
2024 $19,200 $1,655,483 $1,324,387 $331,096
2023 $18,849 $1,623,023 $1,298,419 $324,604
2022 $18,556 $1,591,200 $1,272,960 $318,240
2021 $13,920 $1,182,238 $965,562 $216,676
2020 $13,915 $1,170,117 $955,662 $214,455
2019 $13,610 $1,147,174 $936,924 $210,250
2018 $13,231 $1,124,681 $918,553 $206,128
2016 $12,816 $1,081,011 $882,886 $198,125
2015 $11,875 $1,001,000 $800,300 $200,700
2014 $11,043 $1,050,800 $840,100 $210,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21071773

California Regional Multiple Listing Service (CRMLS)

APN: 7507-025-062