$715,050
SOLD JUL 28, 2015

Ocean Plaza 531 Esplanade Unit 511 Redondo Beach, CA 90277

2 Beds
3 Baths
1,246 Sq Ft
0.55 Acres

Recently Sold

$574 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Parking
  • Alta Vista Elementary School Rated A+
  • In Ground Pool
  • Billiard Room

About This Home

As of July 2015

Remarkable two story Redondo Beach condo located on the ocean side of Esplanade. Unobstructed views of the California coastline on all three unit balconies. Unit faces north and located on the fifth floor. Building amenities include pool, top floor fitness room with ocean views, rec room with pool table, and gated garage. Building is secure, on site manager, and minutes away from Redondo Beach pier, shops, and beach paths. Unit is a clean slate and prepared to be personalized to your liking.

Last Agent to Sell the Property

James Dunn

eXp Realty of California Inc License #01754325 Listed on: 05/22/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,452

Year Built

  • Built in 1974

Property Views

  • Ocean
  • Panoramic
  • City

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Gated Parking

Additional Features

  • In Ground Pool
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 7508-027-038

Community Details

Overview

  • 80 Units

Amenities

  • Billiard Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,452

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: 521 Esplanade Association
  • Entry Floor: 5
  • Living Area: 1246
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 5
  • Year Built: 1974
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: 1088

Interior Features

  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 589.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Private
  • Pool: Yes
  • View: City, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Security: Gated

Association/Amenities

  • Amenities: Billiard Room, Controlled Access, Elevator, Exercise Room, Gated Parking, Onsite Property Management, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 470.00

Lot Info

  • Assessor Parcel Number: 7508-027-038
  • Geocode Override: No

Multi Family

  • Number Of Units: 80

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
$1,460,810

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
7.37%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $715,500 Title365
Trustee Deed $979,215 None Available
Individual Deed -- Southland Title Corporation
Interfamily Deed Transfer -- --
Gift Deed -- --
Grant Deed -- Orange Coast Title
Interfamily Deed Transfer -- --
Grant Deed $235,000 Continental Lawyers Title Co
Trustee Deed $197,558 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Closed $417,000 Unknown
Previous Owner $862,500 Negative Amortization
Previous Owner $40,000 Unknown
Previous Owner $500,000 Unknown
Previous Owner $130,000 Unknown
Previous Owner $315,000 No Value Available
Previous Owner $121,800 Unknown
Previous Owner $253,500 No Value Available
Previous Owner $188,000 No Value Available
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
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 $9,452 $846,406 $546,673 $299,733
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

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Map

Source: The MLS

MLS Number: 15-908067

The MLS

APN: 7508-027-038