NOT LISTED FOR SALE

Estimated Value: $2,819,068 - $3,014,000

5 Beds
3.5 Baths
4,173 Sq Ft
$694/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $1,950,000 $467 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $17,975/month

14 Days on Market

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • Property is near a park
  • Vista Grande Elementary Rated A+
  • Deck
  • Recreation Room

About This Home

As of August 2020

2 story house situated in the exclusive gated community of “Rolling Hills Park Estates.” 18 Covered wagon lane, Rolling Hills Estates, CA is a beautifully remodeled single family home with 5 spacious bedrooms and a bonus room equipped with a full bar counter. The foyer is met with a handcrafted spiral staircase that leads to the upstairs 2nd floor. Most of all the windows were replaced with insulated windows. The floors are a mix of beautiful textured Brazilian cherry hardwood as well as travertine limestone. The kitchen counter tops are comprised of polished solid granite. A formal dining room is equipped with a stunning dimmable chandelier, and the living room and family room are spacious. There is one bedroom on the 1 st floor, Master Suite and 3 bedrooms are on the 2nd floor. The Master Suite has a spacious retreat, its own spa tub along with a fireplace and balcony. Entry to the backyard is covered by a functional pergola and contains a stunning pool, waterfall, jacuzzi, gazebo, fire pit, bbq as well as lighting to entertain guests and have great parties. Visiting the residence will make it hard to leave. The community offers hiking and horse trails, tennis courts, and a private children’s playground park. Click Virtual Tour to see details of the interior. https://my.matterport.com/show/?m=QwLCae4nMnP&brand=0

Last Agent to Sell the Property

Jun Chang

New Star Realty & Investment License #01867916 Listed on: 06/22/2020

New Star Realty & Investment

Last Buyer's Agent

Jun Chang

New Star Realty & Investment License #01867916 Listed on: 06/22/2020

New Star Realty & Investment

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,783

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Lawn
  • Front Yard
  • Property is zoned RERPD2U*

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Pool
  • Neighborhood

Home Design

  • Tile Roof

Interior Spaces

  • 4,173 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Game Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Patio
  • Gazebo

Location

  • Property is near a park

Schools

  • Vista Grande Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone System

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 30420
  • Assessor Parcel Number 7585024027

Community Details

Overview

  • Rolling Hills Park Community Association, Phone Number (310) 683-6349
  • Scott Management Company HOA

Recreation

  • Horse Trails

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,783

Year Built

Built in 1981

Lot Details

0

HOA Fees

$140 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RERPD2U*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585024027
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4173.00 Square Feet
  • Interior Amenities: Balcony, Bar, Granite Counters, Phone System, Recessed Lighting, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, In Kitchen, In Living Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 467.29
  • Room Type: Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Recreation, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Gazebo
  • View: Neighborhood, Pool
  • Patio And Porch Features: Deck
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Horse Trails, Security
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Association Name: Rolling Hills Park Community
  • Phone: 310-6836349
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Scott Management Company

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Vista Grande
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Vista Grande
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: VISGRA
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Park Nearby, Paved, Sprinkler System
  • Lot Size Sq Ft: 12102.00
  • Lot Size Acres: 0.2778

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12102.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.06
  • Tax Lot: 66
  • Tax Tract Number: 30420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 8, 2020
Sold by
Kim Myungja
Bought by
Li Robert and Wang Ting
Seller's Agent
Jun Chang
New Star Realty & Investment
Buyer's Agent
Jun Chang
New Star Realty & Investment
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$2,895,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$945,517
Avg. Annual Appreciation
8.26%
Original Mortgage
$750,000
Outstanding Balance
$666,798
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,228,719

Purchase Details

Closed on
Oct 1, 2001
Sold by
Kim Myong Hoe and Kim Myungja
Bought by
Kim Myong Hoe and Kim Myungja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 1994
Sold by
Kim Myong Hoe and Kim Myung Ja
Bought by
Kim Thomas H and Kim Myungja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1994
Sold by
Kim Myong Hoe and Kim Thomas H
Bought by
Kim Myong Hoe and Kim Myung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
Li Robert $1,950,000 Stewart Title
Kim Myong Hoe -- American Title Co
Kim Thomas H -- --
Kim Myong Hoe -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Robert $750,000
Previous Owner Kim Myong Hoe $500,000
Previous Owner Kim Myong Hoe $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $1,950,000 -2.5% $467 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $2,000,000 +2.6% $479 / Sq Ft
06/22/2020 06/22/20 For Sale $1,950,000 -- $467 / 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 $23,783 $2,110,740 $1,361,807 $748,933
2024 $23,783 $2,069,354 $1,335,105 $734,249
2023 $23,356 $2,028,779 $1,308,927 $719,852
2022 $22,173 $1,989,000 $1,283,262 $705,738
2021 $22,095 $1,950,000 $1,258,100 $691,900
2020 $11,753 $989,780 $458,271 $531,509
2019 $11,408 $970,374 $449,286 $521,088
2018 $11,197 $951,348 $440,477 $510,871
2016 $10,594 $914,408 $423,374 $491,034
2015 $10,486 $900,674 $417,015 $483,659
2014 $10,348 $883,032 $408,847 $474,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20116779

California Regional Multiple Listing Service (CRMLS)

APN: 7585-024-027