NOT LISTED FOR SALE

1 Morgan Ln Rolling Hills, CA 90274

Estimated Value: $5,067,182 - $6,763,000

5 Beds
4.5 Baths
4,277 Sq Ft
$1,299/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $5,150,000 $1,204 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $34,784/month

14 Days on Market

Highlights

  • Horse Property
  • Tennis Courts
  • Heated In Ground Pool
  • Dapplegray Elementary School Rated A+
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of February 2022

Idyllic retreat located in the prestigious and private guard-gated equestrian community of Rolling Hills, perched atop the Palos Verdes Peninsula. Beautifully sited on a quiet cul-de-sac on 2.65 acres of land, this single level 4,227 square foot Ranch style home features 5 bedrooms plus an office and 4.5 bathrooms. Rustically elegant featuring a gracious family room with vaulted beamed ceilings, dramatic slate fireplace and wet bar, an eat in kitchen, formal living room with fireplace, formal dining room and a functional split floor plan with four bedrooms on one side of the home and the office and fifth bedroom on the other. The romantic primary bedroom suite has a fireplace and spacious walk-in closet and features a luxurious bathroom with soaking tub, separate shower and dual vanities. The outdoors is a true delight with majestic grounds, mature trees, expansive patios, lush lawns and meandering pathways leading to an outdoor dining area, swimmers pool, spa, charming gazebo, relaxing fountain, and full-size tennis court with viewing pavilion. Enjoy a rare oversized 6-car garage with additional guest parking in the motor court. Where the city ends and nature begins, pastoral Rolling Hills additionally offers miles of horse trails, walking trails, lighted tennis courts, picnic areas, natural streams and riding rings for the use of its residents. Exuding warmth and charm, this lovingly maintained home stands ready for a transformational touch and a new generation to create their own memories. Trust sale.

Last Agent to Sell the Property

Rachelle Rosten

Douglas Elliman License #01255977 Listed on: 12/01/2021

Douglas Elliman

Co-Listed By

Holly Danna

Compass License #01988811

Last Buyer's Agent

David McLewee

Estate Properties License #02123150

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,258

Year Built

  • Built in 1987

Lot Details

  • 2.65 Acre Lot
  • Landscaped
  • Irregular Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned RHRAS2*

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Side by Side Parking
  • Tandem Parking
  • Driveway

Interior Spaces

  • 4,277 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Tennis Courts
  • Horse Property
  • Covered Patio or Porch
  • Gazebo

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 7570-025-025

Community Details

Amenities

  • Picnic Area
  • Service Entrance

Recreation

  • Tennis Courts
  • Horse Trails
  • Hiking Trails

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,258

Year Built

Built in 1987

Lot Details

0

HOA Fees

$347 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Idyllic retreat located in the guard-gated equestrian community of Rolling Hills in the Palos Verdes Peninsula. Sited on 2.65 acres of land, 4,227 SF Ranch style home features 5 bdrms + office + 4.5 bthrms. Family room w/ vaulted beamed ceilings, fireplace & wet bar, eat in kitchen, formal living room, formal dining room & functional split floor plan w/ 4 bedrooms on one side of the home & the office & 5th bedroom on the other. Majestic grounds with mature trees, expansive patios, lush lawns & meandering pathways leading to pool, spa & tennis court w/ viewing pavilion. Oversized 6-car garage w/ additional parking in the motor court. Where the city ends & nature begins, Rolling Hills additionally offers miles of horse & walking trails, lighted tennis courts, riding rings and so much more for the use of its residents. Lovingly maintained home stands ready for a transformational touch.
  • Complex Name: Rolling Hills
  • Living Area: 4277
  • Lot Acreage: 2.6528
  • Probate: No
  • Stories: 1
  • Year Built: 1987
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, Hot Tub, Wet Bar
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Carpet, Mixed
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Granite, Powder Room, Shower and Tub, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Formal Dining Rm, Family Room
  • Laundry: Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1028.29

Exterior Features

  • Other Features: French Doors, Service Entrance
  • Other Structures: Gazebo
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Patio: Patio Open, Slab
  • Pool Description: Heated, Pool Cover, Private
  • Pool: Yes
  • Spa: Private, Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 4
  • Covered Parking: 6
  • Parking Garage: Direct Entrance, Driveway, Garage - 4+ Car, Garage Is Attached, Side By Side, Tandem, Private Garage
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated Community with Guard

Association/Amenities

  • Amenities: Controlled Access, Horse Trails, Hiking Trails, Gated Community Guard, Picnic Area, Tennis Courts

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 4160.50
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: Yes
  • Assessor Parcel Number: 7570-025-025
  • Lot Description: Back Yard, Front Yard, Gated Community, Gated with Guard, Horse Property, Landscaped, Lawn, Lot Shape-Irregular, Yard, Single Lot
  • Lot Size Area: 115554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 3, 2022
Sold by
Ray Hoover William
Bought by
Hoover Family 1996 Trust
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
David McLewee
Estate Properties
List Price
$4,398,000
Sold Price
$5,150,000
Premium/Discount to List
$752,000
17.1%
Current Estimated Value
$5,554,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,296
Avg. Annual Appreciation
3.34%
Original Mortgage
$2,000,000
Outstanding Balance
$1,858,473
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$3,944,999

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 24, 2022
Sold by
Hoover Family 1996 Trust
Bought by
Blue Pacific Mountaintop Revoc
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
David McLewee
Estate Properties
List Price
$4,398,000
Sold Price
$5,150,000
Premium/Discount to List
$752,000
17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,858,473
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$3,944,999

Purchase Details

Closed on
Dec 27, 1996
Sold by
Hoover William R and Hoover Sara E
Bought by
Hoover William R and Hoover Sara E
Source: Public Records

Range of Values:

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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
Hoover Family 1996 Trust -- --
Blue Pacific Mountaintop Revoc $5,150,000 First American Title Company O
Hoover Family 1996 Trust -- --
Hoover William R -- --
Hoover William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Pacific Mountaintop Revoc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $5,150,000 +17.1% $1,204 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $4,398,000 -- $1,028 / Sq Ft
Source: The MLS

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 $61,258 $5,465,220 $3,289,744 $2,175,476
2024 $61,258 $5,358,060 $3,225,240 $2,132,820
2023 $60,345 $5,253,000 $3,162,000 $2,091,000
2022 $25,110 $2,121,855 $1,262,612 $859,243
2021 $25,045 $2,080,251 $1,237,855 $842,396
2019 $24,006 $2,018,552 $1,201,141 $817,411
2018 $23,494 $1,978,974 $1,177,590 $801,384
2016 $22,354 $1,902,129 $1,131,863 $770,266
2015 $22,144 $1,873,558 $1,114,862 $758,696
2014 $21,891 $1,836,859 $1,093,024 $743,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-108889

The MLS

APN: 7570-025-025