NOT LISTED FOR SALE

2 Ringbit Rd E Rolling Hills, CA 90274

Estimated Value: $2,991,212 - $3,528,000

3 Beds
2.5 Baths
2,909 Sq Ft
$1,128/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $1,500,000 $516 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $19,464/month

4 Days on Market

Highlights

  • Ocean View
  • Corral
  • Two Primary Bedrooms
  • Dapplegray Elementary School Rated A+
  • All Bedrooms Downstairs
  • Custom Home

About This Home

As of June 2012

This newly remodeled home in the Guard Gated community of Rolling Hills has been sold and is no longer available. It has a spectacular unobstructed full Catalina Island view as well as coastal coves, white water and twinkling lights at night. This breathtaking view is seen from every room! Ideally situated on quiet country lane on an approximate 1.3 acre hillside equestrian lot with room for further developement. The single level, 3 Bedroom, 2 1/2 bath home doesn't have one step! There is an attached double car garage with direct entry into the newly remodeled kitchen with an adjoining dining area and expansive great room.
Recent improvements include: New Kitchen and Stainless Steel Appliances, new hardwood floors, marble floors and carpeting in the 3 bedrooms; updated baths with new vanities and frameless shower doors, lighting fixtures, recessed lighting, hardware and designer quality paint. Be prepared to be impressed when you view the Virtual Tour and interactive Floor Plan of this attractively priced home in one of the wealthiest cities in the United States!

Last Agent to Sell the Property

Pamela Lieb

Pamela Lieb, Broker License #00779647 Listed on: 04/09/2012

Last Buyer's Agent

Pamela Lieb

Pamela Lieb, Broker License #00779647 Listed on: 04/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,637

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 201 x 234
  • Rural Setting
  • Corner Lot
  • Private Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Pull-through
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Up Slope from Street

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Hills

Home Design

  • Custom Home
  • Ranch Style House
  • Additions or Alterations
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,909 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Termite Clearance

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven or Range
  • Range with Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Conventional Septic
  • Soils Analysis Septic
  • Sewer Not Available
  • Satellite Dish

Additional Features

  • Slab Porch or Patio
  • Corral

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 6705
  • Assessor Parcel Number 7567009016

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,637

Year Built

Built in 1955 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All Appliances
  • Property Attached: No
  • Subdivision Name Other: Rolling Hills
  • View: Yes
  • Architectural Style: Custom Built, Ranch
  • Property Condition: Additions/Alterations, Updated/Remodeled, Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7567009016
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2909.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 515.64
  • Room Type: All Bedrooms Down, Formal Entry, Foyer, Great Room, Master Bedroom, Main Floor Master Bedroom, Two Masters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Corral, Satellite Dish
  • View: Catalina, City Lights, Coastline, Hills, Ocean
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Pull-through, Garage - Two Door

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Convection Oven, Dishwasher, Gas Cooking, Disposal, Range Hood, Microwave, Range, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room
  • Sewer: None, Conventional Septic, Soils Analysis Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Semi-Annually, Hiking Trails, Horse Trails, Tennis Court(s)
  • Association Fee: 3000.00
  • Association Fee Frequency: Annually
  • Association Name: Rolling Hills
  • Phone: 3105446222
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Corner Lot, Up Slope from Street, Yard
  • Lot Size: 201 x 234
  • Lot Size Sq Ft: 57414.00
  • Lot Size Acres: 1.3180

Multi Family

  • Lease Considered: No
  • Lot Size Area: 57414.0000 Square Feet

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 6705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
May 25, 2012
Sold by
Lewis Josefina P
Bought by
Lewis Stephen G
Seller's Agent
Pamela Lieb
Pamela Lieb, Broker
Buyer's Agent
Pamela Lieb
Pamela Lieb, Broker
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
Current Estimated Value
$3,281,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,781,303
Avg. Annual Appreciation
5.66%
Original Mortgage
$1,200,000
Outstanding Balance
$178,263
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$2,943,673

Purchase Details

Listed on
Apr 9, 2012
Closed on
Apr 26, 2012
Sold by
Lieb Thomas J and Chase Community Property Trust
Bought by
Lewis Stephen G
Seller's Agent
Pamela Lieb
Pamela Lieb, Broker
Buyer's Agent
Pamela Lieb
Pamela Lieb, Broker
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$178,263
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$2,943,673
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
Lewis Stephen G -- None Available
Lewis Stephen G $1,500,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Stephen G $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $1,500,000 +3.4% $516 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $1,450,000 -- $498 / 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 $22,637 $1,884,075 $1,096,532 $787,543
2024 $22,637 $1,847,133 $1,075,032 $772,101
2023 $22,297 $1,810,915 $1,053,953 $756,962
2022 $20,861 $1,775,408 $1,033,288 $742,120
2021 $20,805 $1,740,597 $1,013,028 $727,569
2019 $20,011 $1,688,972 $982,982 $705,990
2018 $19,657 $1,655,856 $963,708 $692,148
2016 $18,718 $1,591,559 $926,287 $665,272
2015 $18,545 $1,567,653 $912,374 $655,279
2014 $18,316 $1,536,945 $894,502 $642,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12044679

California Regional Multiple Listing Service (CRMLS)

APN: 7567-009-016