NOT LISTED FOR SALE

2 Yellow Brick Rd Rancho Palos Verdes, CA 90275

Estimated Value: $3,259,000 - $4,214,000

4 Beds
5 Baths
5,063 Sq Ft
$755/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $3,200,000 $632 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $23,283/month

181 Days on Market

Highlights

  • Ocean View
  • 0.66 Acre Lot
  • High Ceiling
  • Rancho Vista Elementary School Rated A+
  • Outdoor Fireplace
  • No HOA

About This Home

As of October 2020

This stunning 5,063 square foot Mediterranean-style home on a quiet private street overlooks the Palos Verdes Golf Club and the Santa Monica Bay queen’s necklace. This four bedroom, five bath home has an inviting ambiance and stunning ocean, mountain, city and golf course views from almost every room in the house that are reminiscent of a destination resort. The home offers a three car garage, is fully updated with travertine and hardwood floors throughout the main living spaces and Italian porcelain flooring in the game room. Dark wood ceiling beams and custom cabinetry contrast crisp white walls while complimenting the rich neutral-colored materials and finishes. The gourmet kitchen with Thermador appliances, English-style fully appointed family room bar and adjacent walk-in wine room with a tasting area are perfect for entertaining. The expansive balconies, generous fenced yard, courtyard with a fireplace, and patio dining area with a built-in Viking grill offer outdoor enjoyment on every side of the residence. The private master suite features floor to ceiling glass for maximum enjoyment of the exquisite views and a spa-like bathroom that boasts a freestanding aqua therapy bathtub and shower, skylight, dressing vanity, separate his-and-hers sink areas with adjacent walk-in closets, stylish chrome fixtures and European easy care porcelain tiles. Newly installed smart home technology controls all televisions, music and energy efficient LED lighting from personal devices.

Last Agent to Sell the Property

Bill Davis

Estate Properties License #01374451 Listed on: 03/31/2020

Estate Properties

Co-Listed By

Anthony Puma

eXp Realty of California Inc License #01375596

Last Buyer's Agent

Tony Kim

Compass License #01757649

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,121

Year Built

  • Built in 1981

Lot Details

  • 0.66 Acre Lot
  • Landscaped
  • Property is zoned RPRS20000&E-OH

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Golf Course

Interior Spaces

  • 5,063 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Game Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29795
  • Assessor Parcel Number 7546022012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,121

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS20000&E-OH
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7546022012
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5063.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 632.04
  • Room Type: Game Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Golf Course, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 28710.00
  • Lot Size Acres: 0.6591

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 28710.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.11
  • Tax Lot: 1
  • Tax Tract Number: 29795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Oct 9, 2020
Sold by
Fitt Lan and Fitt Michelle
Bought by
Lolachi Christopher and Lolachi Anoosheh
Seller's Agent
Bill Davis
Estate Properties
Buyer's Agent
Tony Kim
Compass
List Price
$3,795,000
Sold Price
$3,200,000
Premium/Discount to List
-$595,000
-15.68%
Current Estimated Value
$3,822,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,253
Avg. Annual Appreciation
3.62%
Original Mortgage
$2,552,000
Outstanding Balance
$2,269,868
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,552,385

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 14, 2016
Sold by
Roupinian Edward and Roupinian Arlene
Bought by
Fitt Ian and Fitt Michelle
Seller's Agent
Virginia Butler
Coldwell Banker Realty
Buyer's Agent
Bill Davis
Estate Properties
List Price
$3,499,000
Sold Price
$3,190,000
Premium/Discount to List
-$309,000
-8.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%
Original Mortgage
$1,914,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1993
Sold by
Roupinian Edward and Roupinian Arlene
Bought by
Roupinian Edward and Roupinian Arlene
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lolachi Christopher $3,200,000 Progressive Title
Fitt Ian $3,190,000 Progressive Title
Roupinian Edward -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lolachi Christopher $2,552,000
Previous Owner Fitt Ian $1,914,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $3,200,000 -6.7% $632 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/06/2020 09/06/20 Price Changed $3,429,000 -4.6% $677 / Sq Ft
07/08/2020 07/08/20 Price Changed $3,595,000 -2.8% $710 / Sq Ft
05/08/2020 05/08/20 Price Changed $3,699,000 -2.5% $731 / Sq Ft
03/31/2020 03/31/20 For Sale $3,795,000 +19.0% $750 / Sq Ft
10/18/2016 10/18/16 Sold $3,190,000 -1.8% $651 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Price Changed $3,250,000 -7.1% $663 / Sq Ft
07/25/2016 07/25/16 For Sale $3,499,000 -- $714 / 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 $38,121 $3,463,781 $2,056,620 $1,407,161
2024 $38,121 $3,395,865 $2,016,295 $1,379,570
2023 $37,551 $3,329,280 $1,976,760 $1,352,520
2022 $35,578 $3,264,000 $1,938,000 $1,326,000
2021 $35,620 $3,200,000 $1,900,000 $1,300,000
2020 $37,983 $3,434,494 $2,016,295 $1,418,199
2019 $36,276 $3,318,876 $1,976,760 $1,342,116
2018 $36,006 $3,253,800 $1,938,000 $1,315,800
2016 $17,056 $1,519,916 $819,785 $700,131
2015 $16,889 $1,497,087 $807,472 $689,615
2014 $16,659 $1,467,762 $791,655 $676,107
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20066525

California Regional Multiple Listing Service (CRMLS)

APN: 7546-022-012