NOT LISTED FOR SALE

700 Esplanade Unit 38 Redondo Beach, CA 90277

Estimated Value: $1,309,000 - $1,525,000

2 Beds
2 Baths
1,624 Sq Ft
$490/mo HOA Fee

Last Sold August 19, 2016

Last sale price $894,065 $551 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,742/month

4 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Alta Vista Elementary School Rated A+
  • No Units Above
  • Cathedral Ceiling

About This Home

As of August 2016

* Million dollar VIEW! * One of the best units in the Bay Pointe complex – two level penthouse with amazing ocean view from living, family, dining rooms and kitchen. * Cathedral ceilings in living and family rooms. * New carpet and paint throughout. * Laundry inside. * Large closets. * Spacious balcony to enjoy the views and sunset . * Gym. * Clubhouse. * Two side-by-side parking spaces. * Amazing location stones throw from the Topaz Beach and near both - Hollywood Riviera and Redondo Beach Pier restaurants, shopping and entertainment.

Last Agent to Sell the Property

Martins Leikarts

Estate Properties License #01706309 Listed on: 08/06/2016

Estate Properties

Last Buyer's Agent

Anthony Accardo

Compass License #01863340

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 1,624 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Living Room Balcony
  • Loft
  • Carpet
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32117
  • Assessor Parcel Number 7508007068

Community Details

Overview

  • 40 Units

Amenities

  • Trash Chute
  • Clubhouse

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508007068
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1624.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Living Room Balcony, Trash Chute, Wet Bar
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 550.53
  • Room Type: Loft, Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room
  • Association Fee: 490.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 40
  • Number Of Units Total: 40

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2016
Closed on
Aug 5, 2016
Sold by
Cavoretto Shan E and Simon Trust
Bought by
Gilbert Chris Elisabeth
Seller's Agent
Martins Leikarts
Estate Properties
Buyer's Agent
Anthony Accardo
Compass
List Price
$885,000
Sold Price
$894,065
Premium/Discount to List
$9,065
1.02%
Current Estimated Value
$1,403,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,878
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Simon Frank O and Simon Mardell L
Bought by
Simon Frank O and Simon Mardell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.09%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 26, 2011
Sold by
Simon Frank O and Simon Mardell L
Bought by
Simon Frank O and Simon Mardell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.09%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 13, 2008
Sold by
Simon Frank O and Simon Mardell L
Bought by
Simon Frank O and Simon Mardell L

Purchase Details

Closed on
Mar 19, 2003
Sold by
Simon Frank O and Simon Mardell L
Bought by
Simon Frank O and Simon Mardell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilbert Chris Elisabeth $894,500 Fidelity National Title Co
Simon Frank O -- Accommodation
Simon Frank O -- Ticor Title
Simon Frank O -- None Available
Simon Frank O -- First California Title Co
Simon Frank O -- First California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Frank O $840,000
Previous Owner Simon Frank O $179,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $894,065 +1.0% $551 / Sq Ft
08/06/2016 08/06/16 For Sale $885,000 0.0% $545 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/30/2016 07/30/16 For Sale $885,000 -- $545 / 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 $11,548 $1,037,555 $724,666 $312,889
2024 $11,548 $1,017,211 $710,457 $306,754
2023 $11,336 $997,267 $696,527 $300,740
2022 $11,186 $977,714 $682,870 $294,844
2021 $10,958 $958,544 $669,481 $289,063
2019 $10,746 $930,116 $649,625 $280,491
2018 $10,504 $911,880 $636,888 $274,992
2016 $2,309 $179,114 $80,997 $98,117
2015 $2,269 $176,425 $79,781 $96,644
2014 $2,249 $172,970 $78,219 $94,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16166690

California Regional Multiple Listing Service (CRMLS)

APN: 7508-007-068