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303 South Lucia Avenue

303 South Lucia Avenue, Redondo Beach, CA 90277
Sold Aug 02, 2018
$2,150,000
$1,505,000 by Bank Of America Na
Mortgage Due Aug 01, 2048
Sold Apr 01, 2003
$887,000
$620,500 by Washington Mutual Bank Fa
Mortgage Due Apr 01, 2033
303 South Lucia Avenue has been categorized by the local assessors in Redondo Beach, CA as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 9 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. In addition, 303 South Lucia Avenue has 4,549 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,201 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 303 South Lucia Avenue was last sold in Jul 16, 2018 for $2,150,000. According to our calculations, that's $472.63 per sqft. Prior to that sales transaction, the property was sold for $887,000 in Jan 30, 2003. Current property owners are expected to pay $26,141 in taxes per year. The property on 303 South Lucia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,305,232. To break that down further, the land itself was valued at $1,265,197. While improvements to the property were assessed at a total of $1,040,035. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,201
  • Total Building Area: 4,549
  • Gross Building Area: 4,549
  • Building Area: 4,549
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,549
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REDONDO BEACH TRACT
  • Land Acres: 0.142
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: REDONDO BEACH LOT/SEC 9 BLK/DIV/TWN 65

Ownership

  • Current Owner : WARREN CLIFTON R
  • Current Owner 2: WARREN TIEN
  • Previous Owner : HARTLEY DENNIS P
  • Owner Before Previous Owner: MILLER MARGARET REYES
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Redondo Beach Unified School District
  • Census Tract: 621301

Zoning

  • Zoning: RBR-3

Geography

  • Assessors Map Reference: 67-E3
  • Parcel: 7506-017-009
  • Block: 65
  • Lot: 9
  • Municipality: SOUTH /E MANH/N RED RI
  • Latitude: 33.838
  • Longitude: -118.378

    Address

  • Full Address: 303 S Lucia Ave
  • Address - House Number: 303
  • Street Direction: S
  • Address - Street Name: Lucia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redondo Beach
  • Carrier Code: C056
  • 4-Digit Zip Code: 3538
  • Zip Code: 90277

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,141
  • Tax Rate Code Area: 08-055

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,452,178
  • High Value: 3,006,698
  • Low Value: 1,897,658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,505,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2018
  • First Open Lien Mortgage Loan Amount: $1,505,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,305,232
  • Assessed Land Value: $1,265,197
  • Assessed Improvements Value: $1,040,035

    Sales

  • Current Sale Contract Date: Jul 16, 2018
  • Current Sale Recording Date: Aug 02, 2018
  • Current Sale Transaction ID: 11489834077
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0775680
  • Previous Sale Recording Date: Apr 01, 2003
  • Previous Sale Contract Date: Jan 30, 2003
  • Previous Sale Amount: $887,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 02, 2018
  • First Mortgage Loan Amount: $1,505,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Apr 01, 2003
  • Previous Mortgage Loan Amount: $620,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2033

About South Redondo Beach



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Frequently Asked Questions

What neighborhood is 303 South Lucia Avenue located in?
The 303 South Lucia Avenue is a located in the neighborhood of South Redondo Beach in South Redondo Beach, Redondo Beach.
What is the average sales price for listings in 303 South Lucia Avenue?
The average sales price for units in 303 South Lucia Avenue is $0 currently.

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