NOT LISTED FOR SALE

511 N Helberta Ave Redondo Beach, CA 90277

Estimated Value: $1,642,000 - $1,978,000

4 Beds
3.5 Baths
2,051 Sq Ft
$855/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2016

Last sale price $1,310,000 $639 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,817 / mo

8 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Beryl Heights Elementary School Rated A
  • Wood Flooring
  • Living Room with Attached Deck

About This Home

As of February 2016

This is a DUPLEX income property, located only a few doors from Redondo Union High School and a 5 minute walk to Beryl Heights Elementary. Perfect for an owner to move into one of the units and lease out the other or rent them both out! Significant updates have been made recently to the exterior and bottom unit. Each unit has an identical open floor plan of ~1025 sq ft of living space, with 2 bedrooms. There's a shared 2 Car Garage and room for 3 parking spaces in the driveway. Each unit has their own private laundry closet. The downstairs unit has been updated beautifully, including a master suite with a stand-up shower, and private access to a beautiful multi-level backyard through the living room. The upstairs unit has a Master Suite with a half-bath, an ocean-view balcony off the living room, and a large updated deck over the garage. Combined pro-forma rents are easily over ~$5000. The upstairs unit's rents are under market value, so there's plenty of potential to update the fixtures and secure an even higher gross monthly rent!

Last Agent to Sell the Property

Alex Smith

eXp Realty of California Inc Brokerage Phone: 4242593830 License #01859768 Listed on: 01/06/2016

eXp Realty of California Inc

Last Buyer's Agent

David Reams

D.Reams and Company License #00636976

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 3,578 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Paved or Partially Paved Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Flat Roof Shape
  • Raised Foundation

Interior Spaces

  • 2,051 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Ocean Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Multi-Level Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Tile Patio or Porch
  • Rooftop Access
  • Rain Gutters

Additional Features

  • Two Homes on a Lot
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 107
  • Tax Tract Number 6212
  • Assessor Parcel Number 7503025008

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

3,578 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7503025008
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2051.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 638.71
  • Room Type: Living Room, Main Floor Bedroom, Multi-Level Bedroom, Main Floor Primary Bedroom, Primary Suite, Two Primaries
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • View: Ocean
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Deck, Roof Top, Tile, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Closet, Upper Level, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Paved, Yard
  • Lot Size Sq Ft: 3578.00
  • Price Per Lot Square Foot: 366.13
  • Lot Size Acres: 0.0820

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3578.0000 Square Feet
  • Number Of Units In Community: 2

Tax Info

  • Tax Block: 107
  • Tax Lot: 6
  • Tax Tract Number: 6212.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
Jan 26, 2016
Sold by
Edgerton Joanne
Bought by
Pettit Lauren and Pettit Russell
Seller's Agent
Alex Smith
eXp Realty of California Inc
Buyer's Agent
David Reams
D.Reams and Company
List Price
$1,200,000
Sold Price
$1,310,000
Premium/Discount to List
$110,000
9.17%
Current Estimated Value
$1,754,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,425
Avg. Annual Appreciation
2.92%
Original Mortgage
$844,000
Outstanding Balance
$672,166
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,082,259

Purchase Details

Closed on
Nov 6, 2015
Sold by
Edgerton Samuel Y and Edgerton Joanne
Bought by
Edgerton Joanne

Purchase Details

Closed on
Jun 2, 2004
Sold by
Herman Michael Keith and Herman Flora Mckay
Bought by
Edgerton Samuel Y and Edgerton Joanne Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2000
Sold by
Bisignano Angela Marie
Bought by
Bisignano Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.96%

Purchase Details

Closed on
Sep 7, 2000
Sold by
Bell Keith and Crawford Diana M
Bought by
Bisignano Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.96%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Bell Keith
Bought by
Bell Keith and Crawford Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.9%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Holley Scott
Bought by
Bell Keith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 24, 1995
Sold by
Ballas George P and Ballas Kiki G
Bought by
Holley Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,400
Interest Rate
9.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pettit Lauren $1,310,000 Title 365
Edgerton Joanne -- None Available
Edgerton Samuel Y $825,000 Lawyers Title Company
Bisignano Gerard -- Continental Land Title
Bisignano Gerard $440,000 Lawyers Title Company
Bell Keith -- --
Bell Keith P $375,000 Southland Title
Holley Scott $293,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettit Lauren $844,000
Previous Owner Edgerton Samuel Y $650,000
Previous Owner Bisignano Gerard $352,000
Previous Owner Bell Keith P $300,000
Previous Owner Holley Scott $234,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $1,310,000 +9.2% $639 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $1,200,000 -- $585 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,075 $1,550,769 $893,765 $657,004
2024 $18,075 $1,520,363 $876,241 $644,122
2023 $17,670 $1,490,553 $859,060 $631,493
2022 $17,350 $1,461,327 $842,216 $619,111
2021 $16,954 $1,432,674 $825,702 $606,972
2019 $16,541 $1,390,182 $801,212 $588,970
2018 $16,114 $1,362,924 $785,502 $577,422
2016 $11,904 $971,426 $824,243 $147,183
2015 $11,696 $956,836 $811,863 $144,973
2014 $11,527 $938,094 $795,960 $142,134
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16002806

California Regional Multiple Listing Service (CRMLS)

APN: 7503-025-008

Your Personal Tour Guide

Ask me questions while you tour the home.