NOT LISTED FOR SALE

518 Sapphire St Redondo Beach, CA 90277

Estimated Value: $2,981,000 - $3,574,000

4 Beds
3.5 Baths
4,200 Sq Ft
$794/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $1,830,000 $436 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $20,211/month

5 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Alta Vista Elementary School Rated A+
  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom Retreat

About This Home

As of April 2016

This is the one you have been looking for!!! Fabulous ocean view in one of the best South Redondo Beach locations a buyer can find!! This beautifully designed 4 bedroom plus office, 3.5 bath home is open and spacious that boasts approximately 4,200 sq ft of living space. You and your guest will enjoy the rooftop deck with panoramic views of the ocean and city lights and the avid entertainers gourmet kitchen with top of the line appliances, Sub Zero refrigerator, large center island with cook top and indoor grill. Dramatic staircase, formal living and dining room with cozy fireplace. All 4 bedrooms on the first level including the large master retreat with his and her closets, jacuzzi tub and fireplace. Spacious 2- car garage with built in cabinet and large driveway for extra parking. Award wining schools and a short stroll to charming Riviera Village shops, restaurants and a few short blocks to the beach.

Last Agent to Sell the Property

Gary Elminoufi

Beach City Brokers License #01139207 Listed on: 03/09/2016

Beach City Brokers

Last Buyer's Agent

Darryl Rosen

Vista Sotheby’s International Realty License #01429792

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,392

Year Built

  • Built in 1996

Lot Details

  • 5,665 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Asphalt Roof
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry Room
  • Intercom
  • Attic

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 5444
  • Assessor Parcel Number 7508024017

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,392

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7508024017
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Intercom, Open Floorplan, Pantry, Storage, Stone Counters, Vacuum Central
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, Dining Room, In Living Room
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 435.71
  • Room Type: Attic, All Bedrooms Down, Bonus Room, Entry, Family Room, Formal Entry, Foyer, Galley Kitchen, Great Room, Jack & Jill, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Office
  • Window Features: Screens, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights, Ocean, Panoramic
  • Pool Private: No
  • Roof: Asphalt, Clay

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Indoor Grill, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Redondo Unified

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5665.00
  • Price Per Lot Square Foot: 323.04
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5665.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 5444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Mostofi Reza Nasser and Mostofi Rodina
Bought by
Mostofi-Vatanparast Revocable Trust and Mostofi
Current Estimated Value
$3,336,149

Purchase Details

Closed on
Apr 24, 2009
Sold by
Atkinson Matthew E and Atkinson Michelle D
Bought by
Stechman Craig A and Stechman Janeen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2005
Sold by
Atkinson Matthew Eric and Atkinson Michelle D
Bought by
Atkinson Matthew E and Atkinson Michelle D

Purchase Details

Closed on
Mar 10, 2003
Sold by
Atkinson Matthew Eric
Bought by
Atkinson Matthew Eric and Atkinson Michelle D

Purchase Details

Closed on
Mar 15, 2002
Sold by
Atkinson Michelle D
Bought by
Atkinson Matthew Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.85%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Atkinson Michelle D
Bought by
Atkinson Matthew Eric

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
6.89%

Purchase Details

Closed on
Dec 27, 2000
Sold by
Langford Paulina
Bought by
Langford Eric

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
6.89%

Purchase Details

Closed on
Dec 18, 2000
Sold by
Langford Eric
Bought by
Atkinson Matthew Eric

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
6.89%

Purchase Details

Closed on
Jun 25, 1997
Sold by
Langford Paulina
Bought by
Langford Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.57%

Purchase Details

Closed on
Jun 4, 1997
Sold by
Campbell William
Bought by
Langford Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.57%

Purchase Details

Closed on
Jul 1, 1996
Sold by
Linick Mark
Bought by
Campbell William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,659
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 1996
Sold by
Campbell Michelle
Bought by
Campbell William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,659
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 10, 1996
Sold by
Swette Glen J
Bought by
Linick Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
6.12%
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
Mostofi-Vatanparast Revocable Trust -- None Listed On Document
Stechman Craig A $1,325,000 Fatcola
Atkinson Matthew E -- --
Atkinson Matthew Eric -- --
Atkinson Matthew Eric -- --
Atkinson Matthew Eric -- Fidelity National Title Co
Langford Eric -- Fidelity National Title Co
Atkinson Matthew Eric $815,000 Fidelity National Title Co
Langford Eric -- Fidelity National Title Co
Langford Eric $600,000 Fidelity National Title Co
Campbell William -- Commonwealth Land Title Co
Campbell William -- Commonwealth Land Title Co
Linick Mark $187,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stechman Craig A $37,000
Previous Owner Stechman Craig $1,087,000
Previous Owner Stechman Craig A $57,159
Previous Owner Stechman Craig A $25,000
Previous Owner Stechman Craig A $1,022,000
Previous Owner Atkinson Matthew E $100,000
Previous Owner Atkinson Matthew Eric $75,000
Previous Owner Atkinson Matthew Eric $720,000
Previous Owner Atkinson Matthew Eric $650,000
Previous Owner Langford Eric $25,000
Previous Owner Langford Eric $485,000
Previous Owner Langford Eric $432,500
Previous Owner Langford Eric $480,000
Previous Owner Campbell William $27,659
Previous Owner Linick Mark $168,300
Closed Atkinson Matthew Eric $83,450
Closed Atkinson Matthew Eric $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $1,830,000 0.0% $436 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
03/08/2016 03/08/16 Off Market $1,830,000 -- --
03/03/2016 03/03/16 For Sale $1,799,000 -- $428 / 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 $24,392 $2,166,342 $1,333,188 $833,154
2024 $24,392 $2,123,866 $1,307,048 $816,818
2023 $23,941 $2,082,222 $1,281,420 $800,802
2022 $23,577 $2,041,395 $1,256,295 $785,100
2021 $23,029 $2,001,368 $1,231,662 $769,706
2019 $22,540 $1,942,008 $1,195,131 $746,877
2018 $21,980 $1,903,931 $1,171,698 $732,233
2016 $16,859 $1,441,364 $1,048,009 $393,355
2015 $16,551 $1,419,714 $1,032,267 $387,447
2014 $16,312 $1,391,905 $1,012,047 $379,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16045016

California Regional Multiple Listing Service (CRMLS)

APN: 7508-024-017