NOT LISTED FOR SALE

620 The Village Unit 302 Redondo Beach, CA 90277

Estimated Value: $621,642 - $784,000

-- Bed
1 Bath
410 Sq Ft
$265/mo HOA Fee

Last Sold September 28, 2018

Last sale price $460,000 $1,122 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,760/month

12 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • No Units Above
  • Alta Vista Elementary School Rated A+
  • In Ground Pool
  • 272,965 Sq Ft lot

About This Home

As of September 2018

Top floor ocean view studio condo in The Village with resort style amenities including two pools, fitness center, landscaped grounds in a gated complex. Low HOA dues and current steady income stream from corporate rental make this a fantastic investment property. It is not mandatory as tenant is on a month to month rental agreement. It would also make a great vacation home at the beach or entry level home for a first time buyer. You will not find an ocean view property for this price anywhere in the south bay. Current rent is $1,575. Latest sale was $470,000, however the view is much better in this unit. Updating includes newer counter tops in kitchen and tiled shower in bathroom. Smooth ceilings, mirrored wall in living room. Assigned parking spot #59 in the 620 Building accessed by elevator. Community laundry in each building.

Last Agent to Sell the Property

elizabeth cotton

Estate Properties License #00943440 Listed on: 08/09/2018

Estate Properties

Last Buyer's Agent

Santanya Livsey

Redfin License #01906834

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,668

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • No Units Above
  • 1 Common Wall

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Controlled Entrance

Interior Spaces

  • 410 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • Dressing Area
  • 1 Full Bathroom

Pool

  • In Ground Pool

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 31193
  • Assessor Parcel Number 7505003096

Community Details

Overview

  • Master Insurance
  • 325 Units
  • The Village Association, Phone Number (310) 379-0128
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,668

Year Built

Built in 1974

Lot Details

0

HOA Fees

$265 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: RBC1*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7505003096
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 410.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1121.95
  • Room Type: Dressing Area, Living Room

Exterior Features

  • View: Ocean
  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Insurance, Maintenance Grounds, Trash, Sewer, Water, Dues Paid Monthly, Pet Rules, Pets Permitted, Call for Rules, Management, Controlled Access
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: The Village
  • Phone: 3103790128
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 272965.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Census Tract: 6212.04
  • Tax Lot: 4
  • Tax Tract Number: 31193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 29, 2018
Sold by
Matthews Michael and Matthews Angela
Bought by
Johnson Randall D and Johnson Trynna M
Seller's Agent
elizabeth cotton
Estate Properties
Buyer's Agent
Santanya Livsey
Redfin
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Current Estimated Value
$734,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,855
Avg. Annual Appreciation
6.83%
Original Mortgage
$368,000
Outstanding Balance
$315,572
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$408,589

Purchase Details

Closed on
Aug 2, 2010
Sold by
Matthews Michael Patrick and Matthews Angela Thais
Bought by
Matthews Michael and Matthews Angela

Purchase Details

Closed on
Sep 12, 2005
Sold by
Westerlund Deborah
Bought by
Matthews Michael Patrick and Matthews Angela Thais

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2002
Sold by
Work Kevin and Estate Of Carl Frank Work
Bought by
Westerlund Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,300
Interest Rate
5.95%

Purchase Details

Closed on
Nov 6, 2002
Sold by
Westerlund Richard
Bought by
Westerlund Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,300
Interest Rate
5.95%

Purchase Details

Closed on
Jan 3, 1997
Sold by
Citibank Fsb
Bought by
Work Carl Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.46%

Purchase Details

Closed on
Dec 27, 1996
Sold by
Work Mary Carol
Bought by
Work Carl Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.46%

Purchase Details

Closed on
Feb 16, 1996
Sold by
Mcdermott Vesta and Citibank Fsb
Bought by
Citibank Fsb
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
Johnson Randall D $460,000 Progressive
Matthews Michael -- None Available
Matthews Michael Patrick $360,000 Lawyers Title Company
Westerlund Deborah $185,000 Southland Title
Westerlund Deborah -- Southland Title
Work Carl Frank $85,000 Stewart Title Co
Work Carl Frank -- Stewart Title Co
Citibank Fsb $78,200 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Randall D $368,000
Previous Owner Matthews Michael Patrick $260,000
Previous Owner Westerlund Deborah $166,300
Previous Owner Work Carl Frank $75,000
Previous Owner Work Carl Frank $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $460,000 -1.9% $1,122 / Sq Ft
08/23/2018 08/23/18 For Sale $469,000 0.0% $1,144 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $469,000 0.0% $1,144 / Sq Ft
03/03/2012 03/03/12 Rented $1,450 +3.9% --
03/02/2012 03/02/12 Under Contract -- -- --
01/05/2012 01/05/12 For Rent $1,395 -- --
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 $5,668 $513,132 $89,238 $423,894
2024 $5,668 $503,072 $87,489 $415,583
2023 $5,565 $493,209 $85,774 $407,435
2022 $5,491 $483,540 $84,093 $399,447
2021 $5,407 $474,060 $82,445 $391,615
2019 $5,090 $441,009 $352,812 $88,197
2018 $4,507 $390,000 $312,000 $78,000
2017 $4,523 $390,000 $312,000 $78,000
2016 $4,182 $358,000 $286,400 $71,600
2015 $3,853 $330,000 $262,800 $67,200
2014 $3,879 $330,000 $262,800 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18194506

California Regional Multiple Listing Service (CRMLS)

APN: 7505-003-096