NOT LISTED FOR SALE

Estimated Value: $1,665,664

2 Beds
2.5 Baths
1,246 Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: October 13, 2020

Last sale price $1,450,000 $1,164 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,482 / mo

9 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Deck
  • Alta Vista Elementary School Rated A+
  • 0.55 Acre Lot
  • Contemporary Architecture

About This Home

As of October 2020

Rare opportunity to own prime beach-front condo with spectacular Queen's necklace panoramic views of the ocean, sand, palm trees and Palos Verdes from EVERY room in this gorgeous, remodeled oceanfront home. These units at such high elevations and facing south-west to capture such views rarely come on the market! The bright and open floor plan with living room, dining area, kitchen and separate bar and guest bathroom downstairs is perfect for entertaining. Floor-to-ceiling sliding doors in every room lead to the two decks spanning the entire length of the home (which also have the amazing views). The kitchen features stainless steel appliances, Quartz countertops with a waterfall edge and ample crisp, white cabinetry. In-unit washer/dryer (a rarity on the Esplanade). Up the floating stairs to the second level is the spacious master suite with panoramic views and en-suite bathroom with dual sinks and large closets with built-in organization. A second large bedroom with stunning views can accommodate a king bed and has a large, adjacent bathroom with laundry area tucked behind a discreet door. With direct access to the beach, you can take a quick dip in the ocean, ride your bike along the strand, or stroll down the block to the weekly Farmer's Market over the ocean. You can walk to many nearby restaurants. You'll feel like you're permanently on vacation waking up to the sound and views of the waves and soft ocean breezes...and watching dolphins from your living room!

Last Agent to Sell the Property

Cari Corbalis

Vista Sotheby’s International Realty License #00850678 Listed on: 08/18/2020

Vista Sotheby’s International Realty

Co-Listed By

Brittney Austin

Vista Sotheby’s International Realty License #01799654

Last Buyer's Agent

Scott Greenspan

Greenspan Realty License #01475573

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Ocean Front
  • Two or More Common Walls

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Dishwasher
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30930
  • Assessor Parcel Number 7508027060

Community Details

Overview

  • 80 Units
  • 531 Esplanade HOA, Phone Number (310) 325-1110
  • Cammarata Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Property Details

Home Type

Condominium

Year Built

Built in 1974 | Remodeled

Lot Details

0.55 Acres

HOA Fees

$585 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RBMDR*
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508027060
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1246.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1163.72
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean, Panoramic
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Community, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 585.00
  • Association Fee Frequency: Monthly
  • Association Name: 531 Esplanade HOA
  • Phone: 3103251110
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks
  • Association Management: Cammarata Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 24169.00
  • Lot Size Acres: 0.5548

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24169.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80
  • Waterfront Features: Ocean Access, Ocean Front

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • Tax Tract Number: 30930

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 1, 2020
Sold by
Ben Zour Tom Menashe and Weltfreid Daniella
Bought by
Seller's Agent
Cari Corbalis
Vista Sotheby’s International Realty
Buyer's Agent
Scott Greenspan
Greenspan Realty
List Price
$1,498,000
Sold Price
$1,450,000
Premium/Discount to List
-$48,000
-3.2%
Current Estimated Value
$1,665,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,664
Avg. Annual Appreciation
2.36%
Original Mortgage
$800,000
Outstanding Balance
$685,784
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$979,880

Purchase Details

Closed on
Feb 19, 2020
Sold by
Winey Gerald E and Winey Elaine
Bought by
Ben Zour Tom Menashe and Weltfreid Daniella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,006,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2019
Sold by
Winey Gerald E and The Velma Mae Winey Revocable
Bought by
Winey Gerald E and Winey Elaine
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Redondo Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 Consumers Title Company
Ben Zour Tom Menashe $1,259,000 Fidelity National Title Co
Winey Gerald E -- Fidelity National Title Co
Winey Gerald E $575,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Previous Owner Ben Zour Tom Menashe $1,006,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $1,450,000 -3.2% $1,164 / Sq Ft
10/06/2020 10/06/20 Price Changed $1,498,000 0.0% $1,202 / Sq Ft
10/05/2020 10/05/20 Price Changed $1,498,000 0.0% $1,202 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $1,498,000 -- $1,202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,914 $1,600,914 $400,780 $1,200,134
2025 $17,914 $1,569,524 $392,922 $1,176,602
2024 $17,150 $1,538,750 $385,218 $1,153,532
2023 $16,828 $1,508,579 $377,665 $1,130,914
2022 $16,600 $1,479,000 $370,260 $1,108,740
2021 $7,202 $1,272,043 $808,288 $463,755
2020 $2,622 $200,637 $118,067 $82,570
2019 $2,496 $196,703 $115,752 $80,951
2018 $2,443 $192,847 $113,483 $79,364
2016 $2,358 $185,360 $109,077 $76,283
2015 $2,317 $182,577 $107,439 $75,138
2014 $2,295 $179,002 $105,335 $73,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20162975

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-060

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