NOT LISTED FOR SALE

706 N Prospect Ave Redondo Beach, CA 90277

Estimated Value: $1,209,020 - $1,556,000

2 Beds
2 Baths
1,219 Sq Ft
$1,116/Sq Ft Est. Value

About This Home

This home is located at 706 N Prospect Ave, Redondo Beach, CA 90277 and is currently estimated at $1,360,673, approximately $1,116 per square foot. 706 N Prospect Ave is a home located in Los Angeles County with nearby schools including Beryl Heights 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, 2022
Sold by
706 N Prospect Owner Llc
Bought by
Kahn Family Partners Lp
Current Estimated Value
$1,360,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,860,000
Outstanding Balance
$1,792,440
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
-$431,767

Purchase Details

Closed on
Jan 16, 2020
Sold by
Mountain Manor Limited Partnership
Bought by
706 N Prospect Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 1998
Sold by
Frame Curtis G and Frame Myrna V
Bought by
Mountain Manor Ltd Partnership
Source: Public Records

Range of Values:

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kahn Family Partners Lp $5,100,000 Commonwealth Land Title
706 N Prospect Owner Llc $3,348,000 Chicago Title Company
Mountain Manor Ltd Partnership -- --
Frame Curtis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahn Family Partners Lp $1,860,000
Previous Owner 706 N Prospect Owner Llc $70,500,000
Source: Public Records

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 $11,838 $1,026,874 $520,200 $506,674
2024 $11,838 $1,006,740 $510,000 $496,740
2023 $11,628 $987,000 $500,000 $487,000
2022 $12,457 $1,056,330 $412,226 $644,104
2021 $12,208 $1,035,619 $404,144 $631,475
2020 $3,949 $280,388 $70,087 $210,301
2019 $3,880 $274,891 $68,713 $206,178
2018 $3,781 $269,502 $67,366 $202,136
2016 $3,618 $259,039 $64,751 $194,288
2015 $3,561 $255,149 $63,779 $191,370
2014 $3,229 $250,152 $62,530 $187,622
Source: Public Records

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