NOT LISTED FOR SALE

701 Rita St Redondo Beach, CA 90277

Estimated Value: $1,564,765 - $1,912,000

3 Beds
2 Baths
1,379 Sq Ft
$1,243/Sq Ft Est. Value

About This Home

This home is located at 701 Rita St, Redondo Beach, CA 90277 and is currently estimated at $1,713,441, approximately $1,242 per square foot. 701 Rita St 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Schafer Joel M
Bought by
2024 Schafer Family Trust and Schafer
Current Estimated Value
$1,707,429

Purchase Details

Closed on
Dec 15, 2006
Sold by
Schafer Micaela
Bought by
Schafer Joel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2005
Sold by
Schafer Micaela
Bought by
Schafer Joel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 13, 2003
Sold by
Schafer Joel M and Schafer Micaela
Bought by
Schafer Joel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.82%

Purchase Details

Closed on
Oct 9, 2001
Sold by
Baker Kathleen and The R & M Baker Family Trust
Bought by
Schafer Joel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,400
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
2024 Schafer Family Trust -- None Listed On Document
Schafer Joel M -- First American Title Co
Schafer Joel M -- Multiple
Schafer Joel M -- Diversified Title & Escrow C
Schafer Joel M $453,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer Joel M $250,000
Previous Owner Schafer Joel M $250,000
Previous Owner Schafer Joel M $410,000
Previous Owner Schafer Joel M $362,400
Closed Schafer Joel M $45,300
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 $8,086 $669,193 $535,362 $133,831
2024 $8,086 $656,072 $524,865 $131,207
2023 $7,946 $643,209 $514,574 $128,635
2022 $7,802 $630,598 $504,485 $126,113
2021 $7,656 $618,235 $494,594 $123,641
2019 $7,469 $599,900 $479,925 $119,975
2018 $7,230 $588,138 $470,515 $117,623
2016 $7,000 $565,302 $452,246 $113,056
2015 $6,878 $556,811 $445,453 $111,358
2014 $6,784 $545,905 $436,728 $109,177
Source: Public Records

Map

California Los Angeles County Redondo Beach 90277

701 Rita St, Redondo Beach, CA

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