NOT LISTED FOR SALE

11 Via la Rocca Rancho Palos Verdes, CA 90275

Estimated Value: $2,931,361 - $3,293,000

5 Beds
6 Baths
4,632 Sq Ft
$666/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $1,928,000 $416 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $18,877/month

3 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom Retreat
  • Montemalaga Elementary School Rated A+
  • Deck
  • Recreation Room

About This Home

As of August 2016

Spectacular Wallace Ranch mansion- stunning curb appeal located on one of the best lots on a cul de sac street in private community of 82 homes. Showcases 4,632 sq. ft. of living space on 10,110 sq. ft lot and features light, bright open floor plan with skylights throughout. 5 bedrooms and 5 bathrooms, soaring ceilings upon entry, grand foyer with tile floors and sweeping circular stairs. Formal living room with 17 foot ceiling and fireplace; spacious dining area filled with windows overlooking lushly landscaped rear yard with a few fruit trees; Master suit with lovely fireplace , seating area , his and her walk - in closets and balcony over looking serene rear yard. Master bath has spa tub, separate shower, dual vanity, his/her lavatory with bidet. There is one bedroom with walk-in closet and full bath on down stairs. 3 additional bedrooms on 2nd floor. Family Room with wet bar and fireplace; Gourmet kitchen has plenty of cabinets, granite counters, gas G.E. Monogram 5 burner Cook top, two G.E. Monogram dishwashers and 3 ovens; Breakfast nook and private patio; Laundry room with plenty of cabinet space; 3 car garage. This home is also conveniently located close to schools, shopping, park and transportation. Award winning Palos Verdes School District

Last Agent to Sell the Property

Suzie Choi Caro

Estate Properties License #00935665 Listed on: 07/28/2016

Estate Properties

Last Buyer's Agent

Joyce Yang

Estate Properties License #00915854

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,069

Year Built

  • Built in 1990

Lot Details

  • 10,110 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Back Yard

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 4,632 Sq Ft Home
  • 2-Story Property
  • Bar
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Range
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Bidet
  • Bathtub
  • Spa Bath

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585033042

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,069

Year Built

Built in 1990

Lot Details

0

HOA Fees

$119 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: WALLACE RANCH
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585033042
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4632.00
  • Interior Amenities: Bar, Balcony
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Ell
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 416.23
  • Room Type: Dressing Area, Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Recreation
  • Spa Features: Bath
  • Bathroom Features: Bidet, Bathtub

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Deck, Porch, Tile
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Double Oven, Dishwasher, Gas Range, Refrigerator, Trash Compactor
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 119.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 10110.00
  • Price Per Lot Square Foot: 190.70

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 82
  • Number Of Units Total: 82

Tax Info

  • Tax Lot: 74
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Aug 16, 2016
Sold by
Chung Tae Sub
Bought by
Chen Rong and Wang Yuehong
Seller's Agent
Suzie Choi Caro
Estate Properties
Buyer's Agent
Joyce Yang
Estate Properties
List Price
$1,988,000
Sold Price
$1,928,000
Premium/Discount to List
-$60,000
-3.02%
Current Estimated Value
$3,083,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,155,090
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Dec 17, 2014
Sold by
Chung Tae Sub
Bought by
Tae Sub Chung Family Trust
Source: Public Records

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
Chen Rong $1,928,000 Progressive
Tae Sub Chung Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Tae Sub $775,000
Previous Owner Chung Tae Sub $600,000
Previous Owner Chung Tae Sub $642,803
Previous Owner Chung Tae Sub $180,000
Previous Owner Chung Tae Sub $647,000
Previous Owner Chung Tah Sub $650,000
Previous Owner Chung Tae Sub $650,000
Previous Owner Chung Tae Sub $649,600
Previous Owner Chung Tae Sub $657,500
Previous Owner Chung Tae Sub $80,000
Previous Owner Chung Tae Sub $663,000
Previous Owner Chung Tae Sub $663,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $1,928,000 -3.0% $416 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $1,988,000 -- $429 / 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
2025 $25,069 $2,237,604 $1,214,782 $1,022,822
2024 $25,069 $2,193,730 $1,190,963 $1,002,767
2023 $24,624 $2,150,716 $1,167,611 $983,105
2022 $23,370 $2,108,546 $1,144,717 $963,829
2021 $23,288 $2,067,203 $1,122,272 $944,931
2019 $22,262 $2,005,890 $1,088,986 $916,904
2018 $22,100 $1,966,560 $1,067,634 $898,926
2016 $17,440 $1,557,291 $547,924 $1,009,367
2015 $17,358 $1,533,900 $539,694 $994,206
2014 $17,110 $1,503,854 $529,123 $974,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16165865

California Regional Multiple Listing Service (CRMLS)

APN: 7585-033-042