NOT LISTED FOR SALE

216 Rocky Point Rd Palos Verdes Estates, CA 90274

Estimated Value: $3,471,000 - $4,046,000

4 Beds
3 Baths
3,000 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $2,500,000 $833 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $23,447/month

193 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Modern Architecture
  • Lunada Bay Elementary School Rated A+
  • Wood Flooring
  • Private Yard

About This Home

As of July 2017

Fabulous mid-century modern - large open rooms filled with natural light. Open ceilings, large windows and walls of glass...This is the best of all worlds - Lower Lunada Bay, close to the bluffs and coveted street. Relax and enjoy. Listen to the birds sing and the cool breezes while dipping your toes in the inviting pool. This one level home has 4 bedrooms and 3 baths, high vaulted ceilings, hardwood floors, two fireplaces, dual paned windows, French sliders, solid interior doors, tankless water heater, updated lighting and newer clay tile roof. The perfect location and the perfect open and airy home.

Last Agent to Sell the Property

Gayle Probst

Estate Properties License #01137236 Listed on: 12/19/2016

Last Buyer's Agent

Gayle Probst

Estate Properties License #01137236 Listed on: 12/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,220

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard
  • Property is zoned PVR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Circular Driveway

Home Design

  • Modern Architecture
  • Turnkey
  • Tile Roof
  • Clay Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Track Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Concrete Porch or Patio

Utilities

  • Forced Air Heating System
  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 17606
  • Assessor Parcel Number 7542036016

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,220

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: PVR1YY
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542036016
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Open Floorplan, Storage, Track Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 833.33
  • Room Type: Entry, Family Room, Laundry, Living Room, Utility Room
  • Window Features: Double Pane Windows, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Private, In Ground, Heated
  • Pool Private: Yes
  • Roof: Clay, Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Circular Driveway, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 12458.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 64
  • Tax Tract Number: 17606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2016
Closed on
May 31, 2017
Sold by
Defrees Stephen and Defrees Lesley
Bought by
Mcphee Peter and Mcphee Cynthia
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Gayle Probst
Estate Properties
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Current Estimated Value
$3,810,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,310,300
Avg. Annual Appreciation
5.85%
Original Mortgage
$2,000,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2015
Sold by
Yates James D and Yates Kelly
Bought by
Defrees Stephen and Defrees Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2002
Sold by
Allan Cynthia and The Richard Eric Powers & Cynt
Bought by
Yates James D and Yates Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Allan Richard Eric P and Allan Cynthia
Bought by
Allan Richard Eric Powers and Allan Cynthia

Purchase Details

Closed on
Apr 3, 2000
Sold by
Sewell James B and Sewell Kimberly W
Bought by
Allan Richard Eric P and Allan Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
8.08%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Stare Family Trust
Bought by
Sewell James B and Sewell Kimberly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.87%
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
Mcphee Peter $2,500,000 Progressive Title
Defrees Stephen $2,375,000 Progressive Title Company
Yates James D $1,200,000 Equity Title Company
Allan Richard Eric Powers -- --
Allan Richard Eric P $1,100,000 Fidelity National Title Ins
Sewell James B $860,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphee Peter $2,125,000
Closed Mcphee Peter $250,000
Previous Owner Mcphee Peter $2,000,000
Previous Owner Defrees Stephen $1,350,000
Previous Owner Yates James D $1,179,000
Previous Owner Yates James D $72,500
Previous Owner Yates James D $1,299,000
Previous Owner Yates James D $500,000
Previous Owner Yates James D $325,000
Previous Owner Yates James D $879,800
Previous Owner Yates James D $891,300
Previous Owner Yates James D $896,250
Previous Owner Yates James D $900,000
Previous Owner Allan Richard Eric Powers $100,000
Previous Owner Allan Richard Eric P $75,000
Previous Owner Allan Richard Eric P $880,000
Previous Owner Sewell James B $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $2,500,000 0.0% $833 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
05/26/2017 05/26/17 Off Market $2,500,000 -- --
12/19/2016 12/19/16 For Sale $2,495,000 +5.1% $832 / Sq Ft
12/16/2015 12/16/15 Sold $2,375,000 -0.8% $792 / Sq Ft
09/27/2015 09/27/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $2,395,000 0.0% $798 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
08/10/2015 08/10/15 Price Changed $2,395,000 -4.0% $798 / Sq Ft
07/27/2015 07/27/15 For Sale $2,495,000 -- $832 / 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 $32,220 $2,844,570 $2,275,657 $568,913
2024 $32,220 $2,788,795 $2,231,037 $557,758
2023 $31,692 $2,734,114 $2,187,292 $546,822
2022 $30,113 $2,680,504 $2,144,404 $536,100
2021 $30,105 $2,627,946 $2,102,357 $525,589
2019 $28,770 $2,550,000 $2,040,000 $510,000
2018 $28,567 $2,500,000 $2,000,000 $500,000
2016 $26,913 $2,375,000 $1,875,000 $500,000
2015 $17,404 $1,475,022 $1,013,097 $461,925
2014 $17,149 $1,446,129 $993,252 $452,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16765623

California Regional Multiple Listing Service (CRMLS)

APN: 7542-036-016