NOT LISTED FOR SALE

1940 Avenida Feliciano Rancho Palos Verdes, CA 90275

Estimated Value: $1,424,776 - $1,555,000

4 Beds
3 Baths
2,182 Sq Ft
$682/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $530,000 $243 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $8,633/month

62 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Traditional Architecture
  • Dapplegray Elementary School Rated A+
  • Golf Course View
  • Fireplace

About This Home

As of February 2012

HUGE PRICE DROP---$50,000. SELLER WILL LOOK AT ALL OFFERS. This home is ideally suited for a buyer with vision, patience and basic contracting skills. This can be your dream home in the exclusive Rancho Palos Verdes neighborhood. Budget in resources to add our own custom kitchen, flooring and paint to make this your perfect enclave. The spacious living room is centered around a retro style marble fireplace and bay windows. The back yard has a lap pool and patio area for the warmer summer months.

Last Agent to Sell the Property

Mark Shandrow

Shandrow Group License #01446012 Listed on: 09/26/2011

Last Buyer's Agent

Adam Shandrow

Shandrow Group License #01863342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,397

Year Built

  • Built in 1961

Lot Details

  • 6,139 Sq Ft Lot
  • Lot Dimensions are 61x105
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Single Garage Door

Property Views

  • Golf Course
  • Canyon

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 2,182 Sq Ft Home
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Slab Porch or Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 24436
  • Assessor Parcel Number 7552011015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,397

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 562-364-9505
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7552011015
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2182.00
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 242.90
  • Room Type: All Bedrooms Down, Foyer, Living Room
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Canyon, Golf Course
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 61x105
  • Lot Size Sq Ft: 6139.00
  • Lot Size Acres: 0.1410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6139.0000 Square Feet

Tax Info

  • Tax Lot: 50
  • Tax Tract Number: 24436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2015
Sold by
Zhou Zhen
Bought by
Zhou Zhen and Zhen Zhou Family Trust
Current Estimated Value
$1,488,944

Purchase Details

Listed on
Sep 26, 2011
Closed on
Jan 23, 2012
Sold by
Kurata K James
Bought by
Zhou Zhen
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$610,000
Sold Price
$530,000
Premium/Discount to List
-$80,000
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Sep 26, 2011
Closed on
Dec 30, 2011
Sold by
Flagstar Bank Fsb
Bought by
Zhou Zhen
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$610,000
Sold Price
$530,000
Premium/Discount to List
-$80,000
-13.11%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Velasquez Juan C and Velasquez Neome D
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Dec 18, 2008
Sold by
1940 Avenida Feliciano Llc
Bought by
Velasquez Juan C

Purchase Details

Closed on
Jun 28, 2007
Sold by
Velasquez Juan C and Velasquez Neome D
Bought by
1940 Avenida Feliciano Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 2007
Sold by
Velasquez Juan C and Velasquez Neome D
Bought by
1940 Avenida Feliciano Llc

Purchase Details

Closed on
Jul 21, 2001
Sold by
Velasquez Joseph V and Velasquez John J
Bought by
Velasquez Juan C

Purchase Details

Closed on
Jun 14, 1995
Sold by
Metropolitan Life Insurance Company
Bought by
Velasquez Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Downing Michael R and Downing Patti L
Bought by
Metropolitan Life Insurance Company
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
Zhou Zhen -- None Available
Zhou Zhen -- None Available
Zhou Zhen -- None Available
Zhou Zhen $530,000 None Available
Flagstar Bank Fsb $633,250 Accommodation
Velasquez Juan C -- None Available
1940 Avenida Feliciano Llc -- Lawyers Title
Velasquez Juan C -- Accommodation
1940 Avenida Feliciano Llc -- None Available
Velasquez Juan C -- American Title
Velasquez Joseph $280,000 Investors Title Company
Metropolitan Life Insurance Company $432,461 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Zhen $328,000
Previous Owner Zhou Zhen $250,000
Previous Owner Velasquez Juan C $630,000
Previous Owner Velasquez Juan C $390,000
Previous Owner Velasquez Joseph $25,000
Previous Owner Velasquez Joseph $267,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2012 02/01/12 Sold $530,000 -1.9% $243 / Sq Ft
12/06/2011 12/06/11 Price Changed $540,000 -8.5% $247 / Sq Ft
11/27/2011 11/27/11 Pending -- -- --
11/04/2011 11/04/11 Price Changed $590,000 -3.3% $270 / Sq Ft
09/26/2011 09/26/11 For Sale $610,000 -- $280 / 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 $8,397 $665,700 $532,562 $133,138
2024 $8,397 $652,648 $522,120 $130,528
2023 $8,153 $639,852 $511,883 $127,969
2022 $7,758 $627,307 $501,847 $125,460
2021 $7,668 $615,007 $492,007 $123,000
2019 $7,422 $596,767 $477,415 $119,352
2018 $7,252 $585,066 $468,054 $117,012
2016 $6,944 $562,349 $449,880 $112,469
2015 $6,948 $553,903 $443,123 $110,780
2014 -- $543,053 $434,443 $108,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P797725

California Regional Multiple Listing Service (CRMLS)

APN: 7552-011-015