NOT LISTED FOR SALE

517 Avenue A Redondo Beach, CA 90277

Estimated Value: $1,724,000 - $2,070,000

3 Beds
2 Baths
1,321 Sq Ft
$1,432/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $745,000 $564 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $10,937/month

27 Days on Market

Highlights

  • 3 Car Garage
  • Alta Vista Elementary School Rated A+
  • 1-Story Property

About This Home

As of April 2014

Duplex located in close proximity to the beach. Front house has 2 bedrooms and 1 bath. Rear unit over garage has 1 bedroom and 1 bath. Tax rolls show 2 units with 1 bedroom and 1 bath each. Buyer to verify all permits, zoning, codes, land use, compliance issues etc. Garage has been converted into living quarters without permit and is tenant occupied. Property will be sold "subject to rights of existing tenant." No rent is being collected and there is no lease in place with current owner and tenant. Do not disturb the tenant. Please see private remarks before submitting offers. Thanks for your support!The Servicer will NOT pay a real estate commission to the Purchaser or Purchaser's agent when the Purchaser is a licensed real estate agent or when the Purchaser 's spouse is an active real estate agent. This includes any broker or brokerage firm with which the Purchaser or Purchaser 's spouse is affiliated.

Last Agent to Sell the Property

Steven Senigram

Keller Williams Larchmont License #01133383 Listed on: 02/14/2014

Keller Williams Larchmont

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,415

Year Built

  • Built in 1947

Lot Details

  • 5,206 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 7509-012-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,415

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1321
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Hood Fan, Microwave, Range/Oven
  • Price Per S Q F T: 605.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Wall, Wall Gas

Lot Info

  • Assessed Improvement Value: 31999
  • Assessed Land Value: 874664
  • Assessor Parcel Number: 7509-012-041
  • Geocode Override: No
  • Lot Size Area: 5206

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 1
  • Type Of Units: 2 on a lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2015
Sold by
Colajanni Rodrigue and Colajanni Leroy Lisa
Bought by
Colaianni Rodrigue and Colaianni Leroy Lisa
Current Estimated Value
$1,891,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$546,582
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,345,278

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 19, 2014
Sold by
Pmc Reo Financing Trust
Bought by
Colaianni Rodrique and Colaianni Leroy Lisa
Seller's Agent
Steven Senigram
Keller Williams Larchmont
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$799,900
Sold Price
$745,000
Premium/Discount to List
-$54,900
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$521,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2013
Sold by
Pennymac Corp
Bought by
Pmc Reo Financing Trust

Purchase Details

Closed on
Feb 4, 2013
Sold by
Geluz Michael E
Bought by
Pennymac Corp

Purchase Details

Closed on
Dec 10, 2012
Sold by
Geluz Michael E
Bought by
Geluz Michael E and Mra Trust

Purchase Details

Closed on
Jun 26, 2012
Sold by
Geluz Michael E
Bought by
Geluz Michael E and Hk America

Purchase Details

Closed on
Apr 30, 2012
Sold by
Geluz Michael E
Bought by
Geluz Michael E and Rodriguez Edwin

Purchase Details

Closed on
Feb 1, 2012
Sold by
Geluz Michael E
Bought by
Geluz Michael E and Rodriguez Edwin

Purchase Details

Closed on
Oct 25, 2006
Sold by
Sammartino Lloyd
Bought by
Geluz Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1996
Sold by
Bergmann William E and Bauer Nina
Bought by
Sammartino Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.82%

Purchase Details

Closed on
Jun 15, 1993
Sold by
Bergmann William E
Bought by
Reo Ltd Partnership and Bergmann William E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colaianni Rodrigue -- Nations Title Company Of Ca
Colaianni Rodrique $745,000 Ticor Title Riverside
Pmc Reo Financing Trust -- Servicelink
Pennymac Corp $869,357 None Available
Geluz Michael E -- None Available
Geluz Michael E -- None Available
Geluz Michael E -- None Available
Geluz Michael E -- None Available
Geluz Michael E $850,000 Fatcola
Sammartino Lloyd $245,000 Investors Title
Reo Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colaianni Rodrigue $700,000
Closed Colaianni Rodrique $521,000
Previous Owner Geluz Michael E $680,000
Previous Owner Sammartino Lloyd $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $745,000 -6.9% $564 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $799,900 -- $606 / Sq Ft
Source: The MLS

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 $12,415 $1,019,221 $790,678 $228,543
2024 $12,415 $999,237 $775,175 $224,062
2023 $12,197 $979,645 $759,976 $219,669
2022 $11,955 $960,437 $745,075 $215,362
2021 $11,693 $941,606 $730,466 $211,140
2020 $11,660 $932,232 $722,976 $209,256
2019 $11,388 $913,959 $708,800 $205,159
2018 $11,031 $896,044 $694,902 $201,142
2016 $10,679 $860,982 $667,919 $193,063
2015 $9,481 $759,885 $657,887 $101,998
2014 $10,001 $803,632 $502,270 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-737549

The MLS

APN: 7509-012-041