NOT LISTED FOR SALE

Estimated Value: $3,005,000 - $4,102,000

3 Beds
3 Baths
3,954 Sq Ft
$871/Sq Ft Est. Value

Last Sold April 20, 2019

Last sale price $2,180,000 $551 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $21,873/month

413 Days on Market

Highlights

  • Ocean View
  • Gas Heated Pool
  • Fireplace in Primary Bedroom
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of April 2019

Welcome Home to this Classic Rolling Hills Home originally Built in 1957 and Remodeled in 1981 and then an Addition in 2005. Undoubtedly the Best Value on the Market currently and Located on One of the Most Central and Charming Roads in this Private Equestrian Community. With a View of the Queen's Necklace, Mountains and City Lights at Night From several areas of the Home, and Harbor View Lights at Night from the Kitchen, this is a True Equestrian Home. The Home offers Kitchen, Family/Great Room, Living Room with access to the View Patio, Formal Dining Room and Two Master Suites. The most recent renovation added a Master Suite with one of the Four Fireplaces in a Large Sitting Area, Walk In Closet and Double Vanity MasterBath. There are two other bedrooms, one was the original Master and Features a Fireplace, Spa Tub Double Sink Vanity and Second Walk In Closet. There is a Beautiful Wood Paneled Office and Hardwoods in Many Rooms, with Hardwoods under carpet in Living Room and Hallways. There is a 760sgft Fully Permitted Basement with Full Utilities, Heating and AC and Plumbing Ready to tie into Newer Septic System installed in 2005. Create a fabulous Guest Quarter or Man Cave. Established driveways down to the Lower Riding Ring Pad and the Two Barns are at MidLevel. Circular Driveway and Oversize Two Car Garages. Really a fully utilized Property! Available to Show with Notice. 50 Miless of Maintained trails, Three Tennis Courts and Two Riding Facilities. WOW!

Last Listed By

Leslie Stetson

Berkshire Hathaway HomeService License #01415902 Listed on: 01/01/2018

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,406

Year Built

  • Built in 1981

Lot Details

  • 1.12 Acre Lot
  • Rural Setting
  • Density is up to 1 Unit/Acre

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • City Lights
  • Woods
  • Canyon
  • Mountain

Interior Spaces

  • 3,954 Sq Ft Home
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Library
  • Attic
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Tile Bathroom Countertop
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Gas Heated Pool
  • Permits for Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Engineered Septic
  • Aerobic Septic System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 19040
  • Assessor Parcel Number 7567015003

Community Details

Overview

  • Rolling Hills Community Association, Phone Number (310) 544-6222

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Horse Trails
  • Hiking Trails

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,406

Year Built

Built in 1981

Lot Details

0

HOA Fees

$417 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All Existing Appliances, Two Washer Dryers and Extra Refrigerator in Basement
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7567015003
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3954.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Master Retreat
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 551.34
  • Room Type: All Bedrooms Down, Attic, Basement, Great Room, Kitchen, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Jetted Tub, Linen Closet/Storage, Remodeled, Tile Counters

Exterior Features

  • View: Bay, Canyon, City Lights, Coastline, Mountain(s), Ocean, Trees/Woods
  • Pool Features: Association, Gas Heat, Permits
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Inside, Stackable
  • Sewer: Aerobic Septic, Engineered Septic
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Tennis Court(s), Hiking Trails, Horse Trails, Controlled Access
  • Association Fee: 5000.00
  • Association Fee Frequency: Annually
  • Association Name: Rolling Hills Community Association
  • Phone: 3105446222
  • Senior Community: No
  • Community Features: Horse Trails, Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 48781.00
  • Lot Size Acres: 1.1199

Multi Family

  • Lease Considered: No
  • Lot Size Area: 48781.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 19040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Desai and Dharina
Bought by
Desai Family Trust
Total Days on Market
413
Current Estimated Value
$3,443,119

Purchase Details

Listed on
Jan 1, 2018
Closed on
Feb 21, 2019
Sold by
Smith Jill Van Hook
Bought by
Desai Amir and Desai Dharina
Seller's Agent
Leslie Stetson
Berkshire Hathaway HomeService
Buyer's Agent
Carol Grogan
Coldwell Banker Residential Br
List Price
$2,490,000
Sold Price
$2,180,000
Premium/Discount to List
-$310,000
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$1,526,000
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2015
Sold by
Smith Malcolm G and Smith Jill V H
Bought by
Smith Jill V H

Purchase Details

Closed on
Apr 25, 1995
Sold by
Gillenwaters Edgar M and Gillenwaters Jane Haas
Bought by
Smith Malcolm G and Smith Jill V H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$939,542
Interest Rate
8.51%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
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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
Desai Family Trust -- Swatik & Brandlin Llp
Desai Amir $2,180,000 Ticor Title Company
Smith Malcolm G $146,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Amir $1,526,000
Previous Owner Smith Malcolm G $1,000,000
Previous Owner Smith Malcolm G $500,000
Previous Owner Smith Malcolm G $939,542
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2019 04/20/19 Sold $2,180,000 -5.2% $551 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
10/17/2018 10/17/18 Price Changed $2,300,000 -4.2% $582 / Sq Ft
08/14/2018 08/14/18 Price Changed $2,400,000 -3.6% $607 / Sq Ft
05/24/2018 05/24/18 For Sale $2,490,000 +14.2% $630 / Sq Ft
05/16/2018 05/16/18 Off Market $2,180,000 -- --
04/11/2018 04/11/18 Price Changed $2,490,000 -1.4% $630 / Sq Ft
01/01/2018 01/01/18 For Sale $2,525,000 -- $639 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $28,406 $2,384,144 $1,825,839 $558,305
2023 $27,986 $2,337,397 $1,790,039 $547,358
2022 $26,250 $2,291,567 $1,754,941 $536,626
2021 $26,147 $2,246,635 $1,720,531 $526,104
2019 $2,246 $1,970,795 $1,307,159 $663,636
2018 $22,557 $1,932,153 $1,281,529 $650,624
2016 $21,471 $1,857,126 $1,231,766 $625,360
2015 $21,270 $1,829,231 $1,213,264 $615,967
2014 $20,996 $1,793,400 $1,189,498 $603,902
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18023732

California Regional Multiple Listing Service (CRMLS)

APN: 7567-015-003