NOT LISTED FOR SALE

512 Esplanade Unit 301 Redondo Beach, CA 90277

Estimated Value: $1,809,000 - $2,523,000

3 Beds
2 Baths
2,283 Sq Ft
$570/mo HOA Fee

Last Sold August 22, 2018

Last sale price $1,440,000 $631 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $13,316/month

9 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • 19,706 Sq Ft lot
  • Alta Vista Elementary School Rated A+
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of August 2018

Experience luxury living with this beautifully updated, single level, ocean view condo in a highly desired small 13 unit association on the Esplanade. The most optimum positioned Southwest front corner unit on the 3rd floor has a bright and spacious floor plan with plenty of ocean views to invite calmness to your home life. Entertain or dine al fresco by simply opening the four sliding glass doors to incorporate the huge wrap around outdoor deck in your living space. Recently remodeled throughout including kitchen with stainless appliances and cabinetry, sleek bathrooms, modern glass fireplace, a converted living area into a the 3rd bedroom (currently an office with built ins), hardwood floors, newly refinished exterior deck, custom closet cabinetry, ceiling speakers, and motorized window treatments. Separate laundry room in the home and two prime assigned parking spaces in the secure garage. Easy access to the exclusive beachfront boardwalk, a short stroll to Redondo Pier restaurants, weekly farmers markets less than a block away, and free cool ocean breezes make this the opportunity of a lifetime! Building amenities include heated pool, spa, large gaming/entertainment room, gym/exercise room with showers, sauna, and a garage storage allocation.

Last Agent to Sell the Property

Anthony Accardo

Compass License #01863340 Listed on: 07/11/2018

Compass

Last Buyer's Agent

Debra Caprio

Coldwell Banker Realty License #01973456

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,649

Year Built

  • Built in 1982

Lot Details

  • 1 Common Wall
  • Landscaped

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Auto Driveway Gate
  • Guest Parking

Interior Spaces

  • 2,283 Sq Ft Home
  • Family Room with Fireplace
  • Ocean Views
  • Pest Guard System
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Heated In Ground Pool
  • Central Heating

Listing and Financial Details

  • Tax Lot 8055
  • Tax Tract Number 30371
  • Assessor Parcel Number 7508005041

Community Details

Overview

  • 13 Units
  • Penthouse HOA, Phone Number (310) 325-1110

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,649

Year Built

Built in 1982

Lot Details

0

HOA Fees

$570 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RBMDR*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508005041
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2283.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 630.75
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Pest Control, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Storage, Dues Paid Monthly, Pets Permitted, Controlled Access
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: Penthouse HOA
  • Phone: 310-325-1110
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 19706.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 13
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 8055
  • Tax Tract Number: 30371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 30, 2018
Sold by
Gordon Todd M
Bought by
Krull Karen
Seller's Agent
Anthony Accardo
Compass
Buyer's Agent
Debra Caprio
Coldwell Banker Realty
List Price
$1,479,000
Sold Price
$1,440,000
Premium/Discount to List
-$39,000
-2.64%
Current Estimated Value
$2,069,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,264
Avg. Annual Appreciation
5.18%
Original Mortgage
$1,108,000
Outstanding Balance
$826,748
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,225,297

Purchase Details

Closed on
Jun 21, 2017
Sold by
Gordon Todd Michael
Bought by
Gordon Todd M and The Gordon Living Trust

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 13, 2013
Sold by
Gaynor Christopher
Bought by
Gordon Todd Michael
Seller's Agent
Victoria Beck
RE/MAX Estate Properties
Buyer's Agent
Mickey Turner
Estate Properties
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$525,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2012
Sold by
Leavitt Marcia D
Bought by
Gaynor Christopher

Purchase Details

Closed on
Mar 5, 2010
Sold by
Leavitt Marcia D and The Harriet L Leavitt Trust
Bought by
Leavitt Marcia D
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
Krull Karen $1,440,000 Guaranty Escrow Inc
Gordon Todd M -- None Available
Gordon Todd Michael $840,000 Progressive Title Company
Gaynor Christopher -- None Available
Gaynor Christopher -- None Available
Leavitt Marcia D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krull Karen $1,108,000
Previous Owner Gordon Todd $475,000
Previous Owner Gordon Todd Michael $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $1,440,000 -2.6% $631 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $1,479,000 +2.7% $648 / Sq Ft
07/11/2018 07/11/18 Off Market $1,440,000 -- --
07/11/2018 07/11/18 For Sale $1,479,000 +76.1% $648 / Sq Ft
07/19/2013 07/19/13 Sold $840,000 -1.1% $368 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $849,000 -- $372 / 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 $17,649 $1,606,343 $1,130,353 $475,990
2024 $17,649 $1,574,847 $1,108,190 $466,657
2023 $17,318 $1,543,968 $1,086,461 $457,507
2022 $17,084 $1,513,695 $1,065,158 $448,537
2021 $16,708 $1,484,016 $1,044,273 $439,743
2019 $16,380 $1,440,000 $1,013,300 $426,700
2018 $10,471 $904,987 $504,315 $400,672
2016 $10,137 $869,847 $484,733 $385,114
2015 $9,951 $856,782 $477,452 $379,330
2014 $9,817 $840,000 $468,100 $371,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18166183

California Regional Multiple Listing Service (CRMLS)

APN: 7508-005-041