NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 511 Redondo Beach, CA 90277

Estimated Value: $1,321,288 - $1,768,000

2 Beds
3 Baths
1,246 Sq Ft
$1,220/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $715,050 $574 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $9,258/month

About This Home

As of July 2015

Gorgeous sunsets and refreshing coastal breezes can be enjoyed from this stunning ocean view condo. This North-west facing condo is beautifully appointed. Interior offers custom tile entry, modern lighting, electronic window treatments with optional blackout curtains, gorgeous electric fireplace, wood floors throughout and much more. The open-concept living space offers an expanded gourmet kitchen with the living and dining areas overlooking the beautiful Pacific ocean. This kitchen has an abundance of cabinetry, a wine fridge and stainless steel appliances. Views of the Pacific continue in the primary suite and also from the secondary bedroom. Primary bedroom has spacious walk-in closet, and a lovely updated bathroom. Ocean view outdoor spaces include a generous front patio ideal for entertaining or dining al fresco with family and friends, as well as a spacious balconies from the bedrooms where you can relax and fully appreciate the ocean and sunset views. Tandem car garage provides plenty of space for your vehicle and storage. The well-maintained Ocean Plaza complex features outdoor spa, huge swimming pool, ocean view deck, clubhouse and gym. HOA paid by owner includes internet, basic cable, water and waste disposal. This location is a short walk to Redondo Pier, best beaches of Redondo, Hermosa, Manhattan, and the Riviera village with an array of shops and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2016
Sold by
Chopra Arjun Kumar
Bought by
Chopra Arjun Kumar and Arjun K Chopra Separate Property Trust
Current Estimated Value
$1,520,572

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 19, 2015
Sold by
U S Bank National Association
Bought by
Chopra Arjun
Seller's Agent
James Dunn
eXp Realty of California Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$734,800
Sold Price
$715,050
Premium/Discount to List
-$19,750
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2015
Sold by
Herzog Ana K
Bought by
Bank National Association

Purchase Details

Closed on
Sep 14, 2002
Sold by
Reece Liu Jean Quan
Bought by
Herzog Anna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 1999
Sold by
Reece Thomas F
Bought by
Reece Liu Jean Quan

Purchase Details

Closed on
Apr 19, 1999
Sold by
Quan Suey Y
Bought by
Reece Liu Jean Quan and Herzog Anna K

Purchase Details

Closed on
Mar 6, 1997
Sold by
Quan Suey Y
Bought by
Reece Thomas F and Reece Liu Jean Quan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
3.95%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Quan Suey Y
Bought by
Quan Suey Yip and Herzog Anna K

Purchase Details

Closed on
Jul 28, 1994
Sold by
Cenfed
Bought by
Quan Suey Yip and Reece Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
9.1%

Purchase Details

Closed on
Dec 9, 1993
Sold by
United California Financial Corp
Bought by
United California Svgs Bank

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
Chopra Arjun Kumar -- None Available
Chopra Arjun $715,500 Title365
Bank National Association $979,215 None Available
Herzog Anna K -- Southland Title Corporation
Reece Liu Jean Quan -- --
Reece Liu Jean Quan -- --
Reece Thomas F -- Orange Coast Title
Quan Suey Yip -- --
Quan Suey Yip $235,000 Continental Lawyers Title Co
United California Svgs Bank $197,558 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chopra Arjun Kumar $417,000
Closed Chopra Arjun $417,000
Previous Owner Herzog Anna K $862,500
Previous Owner Herzog Anna Karina $40,000
Previous Owner Herzog Anna K $500,000
Previous Owner Herzog Anna Karina $130,000
Previous Owner Herzog Anna K $315,000
Previous Owner Herzog Anna Karina $121,800
Previous Owner Reece Thomas F $253,500
Previous Owner Quan Suey Yip $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2024 03/23/24 Rented $6,095 +1.7% --
03/11/2024 03/11/24 Price Changed $5,995 -3.3% $5 / Sq Ft
02/23/2024 02/23/24 Price Changed $6,200 -4.6% $5 / Sq Ft
01/16/2024 01/16/24 For Rent $6,500 +20.4% --
09/12/2021 09/12/21 Rented $5,400 0.0% --
09/01/2021 09/01/21 Price Changed $5,400 -10.0% $4 / Sq Ft
08/24/2021 08/24/21 For Rent $6,000 0.0% --
07/28/2015 07/28/15 Sold $715,050 -2.7% $574 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $734,800 -- $590 / Sq Ft

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
2024 $9,452 $829,810 $535,954 $293,856
2023 $9,280 $813,541 $525,446 $288,095
2022 $9,157 $797,591 $515,144 $282,447
2021 $8,982 $781,953 $505,044 $276,909
2019 $8,808 $758,762 $490,065 $268,697
2018 $8,618 $743,885 $480,456 $263,429
2016 $8,353 $715,000 $461,800 $253,200
2015 $8,773 $755,804 $652,787 $103,017
2014 $8,656 $741,000 $640,000 $101,000
Source: Public Records

Agents Affiliated with this Home

  • Mimi Alonso

    Seller's Agent in 2024

    Mimi Alonso

    RE/MAX

    10 in this area

    39 Total Sales

    Mimi Alonso
    Section Image
  • James Dunn

    Seller's Agent in 2015

    James Dunn

    eXp Realty of California Inc

    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

See All Agents

About Ocean Plaza

Map

California Los Angeles County Redondo Beach 90277

531 Esplanade Unit 511, Redondo Beach, CA

Homes for Sale in Redondo Beach, CA

This home is located at 531 Esplanade Unit 511, Redondo Beach, CA 90277 and is currently estimated at $1,520,572, approximately $1,220 per square foot. 531 Esplanade Unit 511 is a home located in Los Angeles County with nearby schools including Alta Vista Elementary School, Parras (Nick G.) Middle School, and Redondo Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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