NOT LISTED FOR SALE

512 Esplanade Redondo Beach, CA 90277

Estimated Value: $1,558,000 - $1,831,000

2 Beds
2 Baths
2,221 Sq Ft
$510/mo HOA Fee

Last Sold June 29, 2015

Last sale price $899,000 $405 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,829/month

11 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Gated Parking
  • Alta Vista Elementary School Rated A+
  • Primary Bedroom Suite
  • Ocean Side of Highway 1

About This Home

As of June 2015

Located on the prestigious Esplanade, this spacious ONE LEVEL, ground floor condo is just steps to the ocean and short walk to Redondo Pier, shops and restaurants! 2221 square feet of living area plus 2 enclosed expansive brick patios. 2 huge bedrooms and 2 full baths. Master suite with walk-in closet plus additional customized closet, bathroom with spa tub and separate shower. Master bedroom and living room each open to enormous private brick patios, one with built-in barbecue. Open living room with fireplace, large dining area and office/library alcove. Sunny eat-in kitchen with lots of built-ins. Inside laundry room with washer and dryer included. Secure building and gated subterranean garage with 2 side by side assigned parking spaces. Association pool, spa, sauna, exercise room and rec room. Lots of potential and great opportunity to enjoy the beach lifestyle in a prime location!

Last Agent to Sell the Property

Mitzi Ray

Coldwell Banker Realty License #00497752 Listed on: 05/11/2015

Coldwell Banker Realty

Last Buyer's Agent

Mitzi Ray

Coldwell Banker Realty License #00497752 Listed on: 05/11/2015

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,359

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • 1 Common Wall
  • Wood Fence
  • Sprinklers on Timer

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Storage

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 30371
  • Assessor Parcel Number 7508005035

Community Details

Overview

  • 13 Units
  • The Penthouse Association
  • Maintained Community

Amenities

  • Sauna
  • Trash Chute
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,359

Year Built

Built in 1982

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerator, washer, dryer and small freezer in laundry room
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: The Penthouse
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508005035
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2221.00
  • Interior Amenities: Built-in Features, Wired for Data, Elevator, High Ceilings, Recessed Lighting, Storage, Trash Chute, Tile Counters, Vacuum Central
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen, In Living Room
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 404.77
  • Room Type: Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Office
  • Spa Features: Association, Heated, In Ground
  • Window Features: Custom Covering

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Satellite Dish
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Enclosed, Patio
  • Pool Features: Association, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage Faces Front, Garage, Garage Door Opener, Gated, On Site, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Convection Oven, Double Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Microwave, Trash Compactor
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Individual Room, Washer Hookup, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Earthquake Insurance, Gym/Ex Room, Maintenance Grounds, Pool, Recreation Room, Security, Sauna, Spa/Hot Tub, Water
  • Association Fee: 510.00
  • Association Fee Frequency: Monthly
  • Association Name: The Penthouse
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Redondo Unified

Lot Info

  • Lot Features: Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 19706.00
  • Lot Size Acres: 0.4520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19706.0000 Square Feet
  • Number Of Units In Community: 13
  • Number Of Units Total: 13
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 30371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
May 28, 2015
Sold by
Hirsch William R
Bought by
Barone Richard G and Ingram Marilyn K
Seller's Agent
Mitzi Ray
Coldwell Banker Realty
Buyer's Agent
Mitzi Ray
Coldwell Banker Realty
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,704,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,777
Avg. Annual Appreciation
6.29%
Original Mortgage
$584,350
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2011
Sold by
Hirsch William R
Bought by
Hirsch William R and Hirsch Nancy J

Purchase Details

Closed on
Jun 15, 2000
Sold by
Frederick Theodore
Bought by
Hirsch William R and Hirsch Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.87%

Purchase Details

Closed on
Sep 26, 1995
Sold by
Hoelscher Herbert H
Bought by
Frederick Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,250
Interest Rate
7.67%
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
Barone Richard G $899,000 Progressive Title Company
Hirsch William R -- None Available
Hirsch William R $420,000 Investors Title Company
Frederick Theodore $339,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Richard G $800,000
Closed Barone Richard G $750,000
Closed Barone Richard G $584,350
Previous Owner Hirsch William R $250,000
Previous Owner Hirsch William R $250,000
Previous Owner Frederick Theodore $254,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $899,000 0.0% $405 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $899,000 -- $405 / 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 $12,359 $1,107,630 $596,113 $511,517
2024 $12,359 $1,085,913 $584,425 $501,488
2023 $12,132 $1,064,621 $572,966 $491,655
2022 $11,971 $1,043,747 $561,732 $482,015
2021 $11,721 $1,023,282 $550,718 $472,564
2019 $11,224 $968,571 $534,385 $434,186
2018 $10,961 $949,580 $523,907 $425,673
2016 $10,614 $912,709 $503,564 $409,145
2015 $6,314 $537,105 $242,465 $294,640
2014 -- $526,585 $237,716 $288,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15100072

California Regional Multiple Listing Service (CRMLS)

APN: 7508-005-035