NOT LISTED FOR SALE

505 S Broadway Unit C Redondo Beach, CA 90277

Estimated Value: $2,065,000 - $2,366,000

3 Beds
3.5 Baths
2,610 Sq Ft
$836/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $1,775,000 $680 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,554/month

8 Days on Market

Highlights

  • Multi-Level Bedroom
  • Fireplace in Primary Bedroom
  • Loft
  • Alta Vista Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of December 2021

Located on perhaps the most desirable street in all of South Redondo, this open, airy, spacious and stylish rear-unit townhome is the quintessential beachy lifestyle dream. Steps to the sand and a convenient stroll to either Riviera Village or Redondo Pier, your search for the perfect home that has literally everything within arms reach, ends here! Massive cathedral ceilings on the main living floor highlight an open concept space that offers tons of natural light, great flow and expansive volume that’s sure to impress. A large loft overlooks the dining and living room area and flows effortlessly onto it’s own private outdoor patio. A variety of options here, this space could also be easily converted into a 4th bedroom or purposed as a game room, play area or luxe penthouse home office space.
Just below, the grand chef’s kitchen is oriented nicely around a main center island with bar seating and a second mini breakfast bar. Granite countertops, custom cabinets accompanying 2 walk-in pantries offering endless storage and high-end appliances highlight this incredible space as it carries easily through the dining area out to another lush, private lanai. An ideal indoor/outdoor setting for gatherings and entertaining. The master suite is complete with a fireplace and spa-like bathroom that features a walk-in shower and jacuzzi tub. The entry level has 2 large ensuite bedrooms, one with built-in cabinets and a wetbar area, a 2-car attached garage and of course, a spacious private backyard. A rare find in this A+ location… don't miss out on this opportunity!

Last Agent to Sell the Property

Joe Buck

Compass License #01995305 Listed on: 11/03/2021

Compass

Last Buyer's Agent

Nicholas Phillips

Compass License #01742107

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,162

Year Built

  • Built in 2007

Lot Details

  • 8,668 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available

Interior Spaces

  • 2,610 Sq Ft Home
  • High Ceiling
  • Plantation Shutters
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room Balcony
  • Loft
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating
  • Standard Electricity

Community Details

  • Front Yard Maintenance
  • 3 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7508010070
  • $828 per year additional tax assessments

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,162

Year Built

Built in 2007

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Backyard Shed, Washer/Dryer, All Appliances
  • Property Attached: Yes
  • View: No
  • Zoning: RBMD
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7508010070
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2610.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Living Room Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 680.08
  • Room Type: Loft, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

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 Size Sq Ft: 8668.00
  • Lot Size Acres: 0.1990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8668.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 828.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Connelly Michael C
Bought by
Michael C Connelly Trust and Connelly
Current Estimated Value
$2,183,126

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 2, 2021
Sold by
Smith Living Trust and The Smith Living Trust
Bought by
Connelly Michael C
Seller's Agent
Joe Buck
Compass
Buyer's Agent
Nicholas Phillips
Compass
List Price
$1,749,000
Sold Price
$1,775,000
Premium/Discount to List
$26,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$1,420,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2021
Sold by
Smith Dustin Kenneth
Bought by
Smith Living Trust and Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2020
Sold by
Smith April
Bought by
Smith Dustin Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 20, 2018
Sold by
Smith Mellssa Janine
Bought by
Smith Dustin Kenneth
Seller's Agent
Kristen Novoa
Vista Sotheby’s International Realty
Buyer's Agent
Debbie Martin
Real Brokerage Technologies
List Price
$1,600,000
Sold Price
$1,480,000
Premium/Discount to List
-$120,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$980,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 15, 2018
Sold by
Bellith Donna and Bellith Family Trust
Bought by
Smith Dustin Kenneth
Seller's Agent
Kristen Novoa
Vista Sotheby’s International Realty
Buyer's Agent
Debbie Martin
Real Brokerage Technologies
List Price
$1,600,000
Sold Price
$1,480,000
Premium/Discount to List
-$120,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2010
Sold by
Liston Darryl
Bought by
Bellith Donna and The Bellith Family Trust

Purchase Details

Closed on
Jan 20, 2010
Sold by
Gerardi Sam J and Sam J Gerardi Trust
Bought by
Bellith Donna and The Bellith Family Trust

Purchase Details

Closed on
May 1, 2006
Sold by
Gerardi Sam J
Bought by
Gerardi Sam J
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
Michael C Connelly Trust -- None Listed On Document
Connelly Michael C $1,775,000 Chicago Title
Smith Living Trust -- None Listed On Document
Smith Dustin Kenneth -- Lawyers Title Company
Smith Dustin Kenneth -- Lawyers Title
Smith Dustin Kenneth $1,480,000 Lawyers Title Company
Bellith Donna -- Progressive Title Company
Bellith Donna $1,100,000 Progressive Title Company
Gerardi Sam J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connelly Michael C $1,420,000
Previous Owner Smith Dustin Kenneth $964,000
Previous Owner Smith Dustin Kenneth $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2021 12/09/21 Sold $1,775,000 +1.5% $680 / Sq Ft
11/03/2021 11/03/21 For Sale $1,749,000 +18.2% $670 / Sq Ft
04/23/2018 04/23/18 Sold $1,480,000 -1.3% $567 / Sq Ft View Prior Sale
03/07/2018 03/07/18 Pending -- -- --
02/23/2018 02/23/18 Price Changed $1,499,999 -6.3% $575 / Sq Ft
02/15/2018 02/15/18 For Sale $1,600,000 -- $613 / 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 $21,162 $1,883,642 $1,167,859 $715,783
2024 $21,162 $1,846,709 $1,144,960 $701,749
2023 $20,770 $1,810,500 $1,122,510 $687,990
2022 $20,448 $1,775,000 $1,100,500 $674,500
2021 $17,940 $1,555,742 $907,692 $648,050
2020 $17,942 $1,539,791 $898,385 $641,406
2019 $17,549 $1,509,600 $880,770 $628,830
2018 $14,545 $1,247,901 $698,371 $549,530
2016 $14,070 $1,199,445 $671,253 $528,192
2015 $13,814 $1,181,430 $661,171 $520,259
2014 $13,615 $1,158,288 $648,220 $510,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21241441

California Regional Multiple Listing Service (CRMLS)

APN: 7508-010-070