NOT LISTED FOR SALE

516 Esplanade Unit F Redondo Beach, CA 90277

Estimated Value: $1,579,000 - $2,069,000

3 Beds
3 Baths
2,088 Sq Ft
$878/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $1,050,000 $503 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,478/month

9 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • 0.3 Acre Lot
  • Alta Vista Elementary School Rated A+
  • Ocean Side of Highway 1
  • Open Floorplan

About This Home

As of April 2016

This townhouse shines like a new penny! It is bright and airy with eastern and southern light all day long. Each room has access to the outside balconies and/or patio, providing cool breezes, letting you know you are at the ocean. This complex has 6 units, much lower density than most on the Esplanade and all the units are townhouses with their own individual access, each with a two car garage with interior access to unit. The main living areas have high volume ceilings with line of sight viewing to adjoining rooms. The loft has a gas fireplace with a generous living space and balcony with Palos Verdes, south Redondo Beach City views and an ocean view. Very nice at night, as well as during the day. Hardwood flooring in the dining room, breakfast nook/office and the kitchen. French doors provide access to the largest balcony with room for outdoor furniture setting and barbeque. The living room has high ceilings and another balcony (south facing) with views of several architectural enhancements. The 2nd and 3rd bedrooms share a balcony, as well. The Master is very good size with beamed, high ceilings and large closet. Master bath has a double vanity, tub/shower. Laundry area is in the interior of the unit just off the garage service door

Last Agent to Sell the Property

David Seyferth

Vista Sotheby’s International Realty License #00836605 Listed on: 02/24/2016

Vista Sotheby’s International Realty

Last Buyer's Agent

David Seyferth

Vista Sotheby’s International Realty License #00836605 Listed on: 02/24/2016

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,748

Year Built

  • Built in 1990

Lot Details

  • Property fronts an alley
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Up Slope from Street
  • Parking Lot
  • Off-Street Parking

Property Views

  • Ocean
  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Turnkey
  • Block Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,088 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Entryway
  • Living Room
  • Dining Room
  • Loft
  • Storage
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Mirrored Closets Doors
  • 3 Full Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Overhead Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46195
  • Assessor Parcel Number 7508005057

Community Details

Overview

  • 6 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,748

Year Built

Built in 1990

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7508005057
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2088.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Copper Plumbing Partial, Pantry, Recessed Lighting, Storage, Two Story Ceilings
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: Multi/Split
  • Price Per Square Foot: 502.87
  • Room Type: Entry, Loft, Living Room, Master Bedroom, Main Floor Master Bedroom
  • Window Features: Blinds, Double Pane Windows, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Block
  • Exterior Features: Lighting
  • View: City Lights, Hills, Ocean, Water
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Off Street, Parking Space, Side by Side, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Redondo Unified

Lot Info

  • Lot Features: Utilities - Overhead, Up Slope from Street
  • Lot Size Sq Ft: 13256.00
  • Price Per Lot Square Foot: 79.21
  • Lot Size Acres: 0.3040

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13256.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 46195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
Mar 25, 2016
Sold by
Mitchell Marcus
Bought by
Mclellan John W
Seller's Agent
David Seyferth
Vista Sotheby’s International Realty
Buyer's Agent
David Seyferth
Vista Sotheby’s International Realty
List Price
$1,089,000
Sold Price
$1,050,000
Premium/Discount to List
-$39,000
-3.58%
Current Estimated Value
$1,833,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,833
Avg. Annual Appreciation
6.03%
Original Mortgage
$735,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2012
Closed on
Jun 19, 2012
Sold by
Kramer Linzie E
Bought by
Mitchell Marcus and Mitchell Suzan K
Seller's Agent
Willie Baronette
Coastal Vacation Estates, Inc.
Buyer's Agent
Denise O'Neil
O'Neil & Associate Realtors
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$500,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Trout Gregory L
Bought by
Kramer Linzie E and Kramer Rhonda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2002
Sold by
Catlin Kevin
Bought by
Kramer Linzie E and Kramer Rhonda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.83%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Marazoni Beatrice
Bought by
Catlin Kevin and Fisher Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
2.87%
Source: Public Records

Range of Values:

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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
Mclellan John W $1,050,000 Usa National Title Co
Mitchell Marcus $825,000 Progressive Title Company
Kramer Linzie E -- Alliance Title Company
Kramer Linzie E $640,000 Gateway Title Company
Catlin Kevin -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclellan John W $676,628
Closed Melellan John W $685,860
Closed Mclellan John W $735,000
Previous Owner Mitchell Marcus $500,000
Previous Owner Kramer Linzie E $850,000
Previous Owner Kramer Linzie E $544,000
Previous Owner Kramer Linzie E $500,000
Previous Owner Catlin Kevin $467,500
Closed Kramer Linzie E $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $1,050,000 -3.6% $503 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $1,089,000 +32.0% $522 / Sq Ft
07/17/2012 07/17/12 Sold $825,000 -0.5% $375 / Sq Ft
05/08/2012 05/08/12 Price Changed $829,000 -1.9% $377 / Sq Ft
04/22/2012 04/22/12 Price Changed $845,000 -1.7% $384 / Sq Ft
03/12/2012 03/12/12 Price Changed $860,000 -1.7% $391 / Sq Ft
01/13/2012 01/13/12 For Sale $875,000 -- $398 / 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 $13,748 $1,242,977 $863,930 $379,047
2024 $13,748 $1,218,606 $846,991 $371,615
2023 $13,494 $1,194,713 $830,384 $364,329
2022 $13,312 $1,171,288 $814,102 $357,186
2021 $13,030 $1,148,323 $798,140 $350,183
2019 $12,775 $1,114,266 $774,468 $339,798
2018 $12,463 $1,092,419 $759,283 $333,136
2016 $10,005 $858,192 $564,223 $293,969
2015 $9,821 $845,302 $555,748 $289,554
2014 $9,689 $828,745 $544,862 $283,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16038335

California Regional Multiple Listing Service (CRMLS)

APN: 7508-005-057