NOT LISTED FOR SALE

2113 Palos Verdes Dr W Palos Verdes Estates, CA 90274

Estimated Value: $2,158,000 - $2,494,000

4 Beds
3 Baths
2,377 Sq Ft
$987/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $2,080,000 $875 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,884/month

77 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Main Floor Bedroom
  • Lunada Bay Elementary School Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2023

Views, Views, Views!!! Incredible opportunity to own in Palos Verdes Estates in the highly desirable neighborhood of Lunada Bay!!! First time on the market in over 50 years, this charming home showcases sweeping ocean and island views!!! Once through the front door the blue water views are the first thing you see and they continue on to the dining room, kitchen and master bedroom. The kitchen and upstairs bathroom have been updated with marble countertops, flooring and finishes. Downstairs you will find a bedroom with separate bathroom, a family room with bar, a storage area under the house and slider doors that take you out to the backyard which offers large patio and mature landscaping for privacy. This location is in close proximity to the beaches and wonderful amenities this idyllic community has to offer-steps away from Lunada Bay Plaza-minutes away from cliffs, walking trails, parks and award winning schools-short drive to resorts, golf courses, beaches, even more restaurants and shopping. Poised for updating or build your dream home, boundless possibilities await!

Last Agent to Sell the Property

Lisa Ancich

Compass Newport Beach License #01261750 Listed on: 07/23/2023

Compass Newport Beach

Last Buyer's Agent

Lily Guo

Pinnacle Real Estate Group License #02108487

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,407

Year Built

  • Built in 1965

Lot Details

  • 9,386 Sq Ft Lot
  • Landscaped
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 18 / 2202
  • Tax Tract Number 7331
  • Assessor Parcel Number 7542003018
  • $1,784 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,407

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542003018
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2377.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 875.05
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Separate Family Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Coastline, Ocean, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Driveway Down Slope From Street, Garage, Garage - Two Door, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Landscaped, Lawn, Lot 6500-9999, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 9386.00
  • Lot Size Acres: 0.2155

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9386.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2202
  • Tax Census Tract: 6703.28
  • Tax Lot: 18
  • Tax Tract Number: 7331
  • TaxOtherAnnualAssessmentAmount: 1784.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Oct 11, 2023
Sold by
Carol A Ritscher Survivors Trust and Ritscher Janine M
Bought by
Zhang Yun
Seller's Agent
Lisa Ancich
Compass Newport Beach
Buyer's Agent
Lily Guo
Pinnacle Real Estate Group
List Price
$2,398,000
Sold Price
$2,080,000
Premium/Discount to List
-$318,000
-13.26%
Views
131
Current Estimated Value
$2,347,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,129
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Jul 23, 2023
Closed on
Oct 5, 2023
Sold by
Wang Zhaohui
Bought by
Zhang Yun
Seller's Agent
Lisa Ancich
Compass Newport Beach
Buyer's Agent
Lily Guo
Pinnacle Real Estate Group
List Price
$2,398,000
Sold Price
$2,080,000
Premium/Discount to List
-$318,000
-13.26%
Views
131

Purchase Details

Closed on
Apr 27, 2023
Sold by
Ritscher Carol A
Bought by
Carol A Ritscher Survivors Trust

Purchase Details

Closed on
Mar 30, 2012
Sold by
Ritscher Carol A
Bought by
Ritscher Carol A
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
Zhang Yun $2,080,000 Fidelity National Title
Zhang Yun -- Fidelity National Title
Carol A Ritscher Survivors Trust -- None Listed On Document
Ritscher Carol A -- None Listed On Document
Ritscher Carol A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritscher Carol A $250,000
Previous Owner Ritscher Edward $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $2,080,000 -5.5% $875 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $2,200,000 -8.3% $926 / Sq Ft
07/23/2023 07/23/23 For Sale $2,398,000 -- $1,009 / 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 $24,407 $2,121,600 $1,830,696 $290,904
2024 $24,407 $2,080,000 $1,794,800 $285,200
2023 $3,669 $178,212 $79,150 $99,062
2022 $3,547 $174,719 $77,599 $97,120
2021 $3,567 $171,294 $76,078 $95,216
2020 $3,526 $169,538 $75,298 $94,240
2019 $3,461 $166,215 $73,822 $92,393
2018 $3,329 $162,957 $72,375 $90,582
2016 $3,128 $156,630 $69,565 $87,065
2015 $3,084 $154,279 $68,521 $85,758
2014 $3,048 $151,258 $67,179 $84,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23135914

California Regional Multiple Listing Service (CRMLS)

APN: 7542-003-018