NOT LISTED FOR SALE

503 Faye Ln Redondo Beach, CA 90277

Estimated Value: $2,190,000 - $2,322,000

4 Beds
3 Baths
2,352 Sq Ft
$955/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $1,788,000 $760 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,595/month

Highlights

  • Ocean Side of Freeway
  • City Lights View
  • Traditional Architecture
  • Alta Vista Elementary School Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of October 2023

Note: This property is listed for comp purposes only and was sold off-market.

Located on a cul de sac in a highly desirable neighborhood of single family homes in South Redondo Beach is the home you have been looking for. Traditional floor plan features a wonderful living room with soaring ceilings and a cozy, brick fireplace. A formal dining room is adjacent to the cooks kitchen with recessed lighting. Everyone will gather in this space around the kitchen table for dinner or evening conversation. A sliding glass door opens up to a grassy private backyard and patio under a pergola. This space was made for entertaining- just imagine summer barbeques and grow your own garden enjoying your own piece of paradise. The family room features wood laminate flooring and wraps around into a bonus space perfect for a home-office or play room with built- in shelves and ample cabinet space. A full bathroom with granite countertops is next to the large 3-car garage, a rarity in the South Bay. Up the second level features three bedrooms with walk-in closets and two full bathrooms. Plantation shutters, new carpet, new lighting fixtures and new paint throughout. Front and back yard is freshly landscaped. Tons of natural light in this home. Closely located in award winning Alta Vista, Parras and R. U. H. S school district. Walking distance to parks and just a short distance to the beach!

Last Agent to Sell the Property

Melissa Pilon

Compass License #01974762 Listed on: 10/20/2023

Compass

Last Buyer's Agent

Melissa Pilon

Compass License #01974762 Listed on: 10/20/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,627

Year Built

  • Built in 1969

Lot Details

  • 5,939 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned RBR-1

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

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

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 145
  • Tax Tract Number 8055
  • Assessor Parcel Number 7507025063
  • $969 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,627

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Melissa
  • Other Phone Number: 248-953-8405
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RBR-1
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7507025063
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2352.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Entry Location: Front/main
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 760.20
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Quartz Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Exterior Features: Lighting
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Front Porch, Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

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, Front Yard, Garden, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 5939.00
  • Lot Size Acres: 0.1363

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5939.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 6213.01
  • Tax Lot: 145
  • Tax Tract Number: 8055
  • TaxOtherAnnualAssessmentAmount: 969.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Paul And Lesley Sauer 2013 Trust
Bought by
2016 Andrew And Rachel Dilsaver Family Trust and Dilsaver
Current Estimated Value
$2,246,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,788,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2022
Sold by
Joseph G Sauer And Carole A Sauer Family
Bought by
Sauer 2013 Trust

Purchase Details

Closed on
Oct 12, 2007
Sold by
Sauer Joseph G and Sauer Carole A
Bought by
Sauer Joseph G and Sauer Carole A
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
2016 Andrew And Rachel Dilsaver Family Trust $1,788,000 First American Title
Sauer 2013 Trust -- --
Sauer Joseph G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2016 Andrew And Rachel Dilsaver Family Trust $1,788,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $1,788,000 0.0% $760 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $1,788,000 0.0% $760 / Sq Ft
04/17/2019 04/17/19 Rented $4,600 -7.1% --
02/15/2019 02/15/19 Under Contract -- -- --
01/15/2019 01/15/19 For Rent $4,950 -- --
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 $20,627 $1,823,760 $1,514,904 $308,856
2024 $20,627 $1,788,000 $1,485,200 $302,800
2023 $2,914 $179,887 $78,442 $101,445
2022 $2,838 $176,360 $76,904 $99,456
2021 $2,807 $172,903 $75,397 $97,506
2020 $2,782 $171,131 $74,624 $96,507
2019 $2,715 $167,776 $73,161 $94,615
2018 $2,580 $164,487 $71,727 $92,760
2016 $2,475 $158,102 $68,943 $89,159
2015 $2,440 $155,728 $67,908 $87,820
2014 $2,413 $152,678 $66,578 $86,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23196355

California Regional Multiple Listing Service (CRMLS)

APN: 7507-025-063