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Sold for $1,788,000
  • Listed by: Compass • Melissa Pilon • Contact: 310-241-3038
    Bought with: Compass
    $1,788,000

    503 Faye Ln, Redondo Beach, CA 90277

    4beds
    2,352sqft
    Single Family Residence
    Built in 1969
    5,939 Square Feet Lot
    $2,385,300 Zestimate®
    $760/sqft
    $7,106 Estimated rent

    Home value

    $2,385,300

    $2.15M - $2.65M

    $7,106/mo

    Zestimate® history
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    What's special

    Note: This property is listed for comp purposes only and was sold off-market. Located on a cul de sac in a highly desirable neighborhood of single family homes in South Redondo Beach is the home you have been looking for. Traditional floor plan features a wonderful living room with soaring ceilings and a cozy, brick fireplace. A formal dining room is adjacent to the cooks kitchen with recessed lighting. Everyone will gather in this space around the kitchen table for dinner or evening conversation. A sliding glass door opens up to a grassy private backyard and patio under a pergola. This space was made for entertaining- just imagine summer barbeques and grow your own garden enjoying your own piece of paradise. The family room features wood laminate flooring and wraps around into a bonus space perfect for a home-office or play room with built- in shelves and ample cabinet space. A full bathroom with granite countertops is next to the large 3-car garage, a rarity in the South Bay. Up the second level features three bedrooms with walk-in closets and two full bathrooms. Plantation shutters, new carpet, new lighting fixtures and new paint throughout. Front and back yard is freshly landscaped. Tons of natural light in this home. Closely located in award winning Alta Vista, Parras and R. U. H. S school district. Walking distance to parks and just a short distance to the beach!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Pilon DRE #01974762 310-241-3038,

    Compass

    Bought with:

    Melissa Pilon, DRE #01974762

    Compass

    Source: CRMLS,MLS#: SB23196355MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Quartz Counters, Separate Shower, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Granite Counters, Pots & Pan Drawers
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
    Features
    • Breakfast Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up
    • Flooring: Carpet, Tile, Wood
    • Doors: Panel Doors, Sliding Doors
    • Windows: Blinds, Screens
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas Starter, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,352 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front/main
    • Patio & porch: Concrete, Front Porch, Patio
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: City Lights, Neighborhood
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Size: 5,939 Square Feet
    • Features: Back Yard, Front Yard, Garden, Lawn, Sprinkler System, Yard
    Details
    • Parcel number: 7507025063
    • Zoning: RBR-1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Repairs Cosmetic,Turnkey
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $760/sqft
    • Tax assessed value: $1,823,760
    • Annual tax amount: $21,470
    • Date on market: 10/20/2023
    • Listing terms: Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/20/2023Sold$1,788,000$760/sqft
    Source: CRMLS #SB23196355 Report a problem
    2/19/2019Listing removed$4,950$2/sqft
    Source: Keller Williams Beach Cities #SB19010771 Report a problem
    1/15/2019Listed for rent$4,950$2/sqft
    Source: Keller Williams Beach Cities #SB19010771 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,470 +4.1%$1,823,760 +2%
    2024$20,627 +607.9%$1,788,000 +894%
    2023$2,914 +2.7%$179,887 +2%
    2022$2,838 +1.1%$176,360 +2%
    2021$2,807 +0.9%$172,903 +1%
    2020$2,782 $171,131 +2%
    2019$2,782 +7.8%$167,776 +2%
    2018$2,580 $164,487 +2%
    2017$2,580 +1.5%$161,263 +2%
    2016$2,542 +2.7%$158,102 +1.5%
    2015$2,475 +2.6%$155,728 +2%
    2014$2,413 $152,678 +2.5%
    2012-- $149,010 +2%
    2011-- $146,089 +0.8%
    2010-- $144,998 -0.2%
    2009-- $145,344 +2%
    2008-- $142,495 +2%
    2007-- $139,702 +2%
    2006-- $136,964
    2005-- $136,964 +4%
    2004-- $131,647 +1.9%
    2003-- $129,235 +2%
    2002-- $126,701 +4%
    2000-- $121,782
    Find assessor info on the county website

    Neighborhood: 90277

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alta Vista
    • Middle: Parras
    • High: Redondo Union

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,385,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,385,300