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206 North Prospect Avenue

206 North Prospect Avenue, Redondo Beach, CA 90277
Multifamily in South Redondo Beach
Sold Apr 12, 2019
$1,410,000
$1,128,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2049
Sold Aug 15, 2005
$1,125,000
$900,000 by American Home Mortgage Accepta
Mortgage Due Sep 01, 2045
Local assessors in Redondo Beach, CA have categorized 206 North Prospect Avenue as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 6,552 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 410 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 206 North Prospect Avenue has a total of 2,043 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 206 North Prospect Avenue sold most recently in Mar 19, 2019 for a total of $1,410,000. If you work out the math, that's approximately a cost of $690.16 per sqft. Before that, the property was also sold for $1,125,000 in Jul 6, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $17,710 in taxes each year. 206 North Prospect Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,511,801. If we break it down further, the land itself was valued at $1,211,586. Improvements to the property, however, were assessed at a total of $300,215. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,552
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,043
  • Gross Building Area: 2,430
  • Building Area: 2,043
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,043
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10019
  • Land Acres: 0.15
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 10019 LOT/SEC 11 BLK/DIV/TWN 35

Ownership

  • Current Owner : ARENA EVELINA
  • Current Owner 2: ARENA PAUL
  • Previous Owner : ORTEGO TESSIER TRUST
  • Owner Before Previous Owner: MOISE LISA M
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Redondo Beach Unified School District
  • Census Tract: 621201

Zoning

  • Zoning: RBR-3

Geography

  • Assessors Map Reference: 67-E3
  • Subdivision Tract Number: 10019
  • Parcel: 7518-003-011
  • Block: 35
  • Lot: 11
  • Municipality: SOUTH /E MANH/N RED RI
  • Latitude: 33.8446
  • Longitude: -118.377

    Address

  • Full Address: 206 N Prospect Ave
  • Address - House Number: 206
  • Street Direction: N
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redondo Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 3227
  • Zip Code: 90277

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,710
  • Tax Rate Code Area: 08-055

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,722,188
  • High Value: 2,115,951
  • Low Value: 1,328,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,128,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,128,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,511,801
  • Assessed Land Value: $1,211,586
  • Assessed Improvements Value: $300,215

    Sales

  • Current Sale Contract Date: Mar 19, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Transaction ID: 11598099271
  • Current Sale Price: $1,410,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0325315
  • Previous Sale Recording Date: Aug 15, 2005
  • Previous Sale Contract Date: Jul 06, 2005
  • Previous Sale Amount: $1,125,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 12, 2019
  • First Mortgage Loan Amount: $1,128,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE ACCEPTA
  • Previous Mortgage Transaction Date: Aug 15, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 480
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 206 North Prospect Avenue located in?
The 206 North Prospect Avenue is a multifamily located in the neighborhood of South Redondo Beach in South Redondo Beach, Redondo Beach.
What is the average sales price for listings in 206 North Prospect Avenue?
The average sales price for units in 206 North Prospect Avenue is $0 currently.

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