NOT LISTED FOR SALE

228 Rocky Point Rd Palos Verdes Estates, CA 90274

Estimated Value: $2,709,300 - $3,015,000

4 Beds
3 Baths
2,198 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $1,525,000 $694 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $17,138/month

10 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Lunada Bay Elementary School Rated A+
  • Wood Flooring
  • Lawn

About This Home

As of July 2013

Located in the Rocky Point area of lower Lunada Bay, this lovely family home has lots to offer. Peek-a-boo ocean view at the front of driveway and the living room area. Hardwood floors lead you throughout the common areas of the home to the plush carpeted bedrooms and tiled bathrooms. Three bedrooms, including the master bedroom, are located on one side of the house. A fourth bedroom can be found off the kitchen with a separate entrance from the backyard. The master bedroom has two closets and a small area that could be used as an office/computer area. This home features plenty of storage throughout the hallways and in the bedrooms. The large windows throughout the home allow plenty of light to fill the open spaces and bring in the strong ocean breezes. The large flat backyard features a patio and grass area with lots of privacy due to the tall lush greenery that surrounds the space. Located very close the local high school, middle school and elementary school. Short distance to local shopping, breathtaking running trails and sunsets on the cliffs.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 04/22/2013

Last Buyer's Agent

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 04/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,628

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Peek-A-Boo

Interior Spaces

  • 2,198 Sq Ft Home
  • Brick Wall or Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Location

  • Suburban Location

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 17606
  • Assessor Parcel Number 7542036014

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,628

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542036014
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2198.00
  • Interior Amenities: Brick Walls, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 693.81
  • Room Type: Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • View: Peek-A-Boo, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Front Yard, Gentle Sloping, Lawn, Landscaped, Paved
  • Lot Size Sq Ft: 11770.00
  • Lot Size Acres: 0.2700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11770.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 62
  • Tax Tract Number: 17606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2018
Sold by
Bohannon Stephen and Bohannon Susan
Bought by
Bohannon Stephen R and Bohannon Susan L
Current Estimated Value
$2,814,575

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 13, 2013
Sold by
Alliace Financial Services Lp
Bought by
Bohannon Stephen and Bohannon Susan
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$1,500,000
Sold Price
$1,525,000
Premium/Discount to List
$25,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$875,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2007
Sold by
Cambridge Partners Inc
Bought by
Alliance Financial Services Lp

Purchase Details

Closed on
Aug 8, 2005
Sold by
Taulli Frank
Bought by
Cambridge Partners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2005
Sold by
Cambridge Partners Inc
Bought by
Taulli Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 21, 2004
Sold by
Poole Lucille A and The Poole Family Survivors Tru
Bought by
Cambridge Partners Inc

Purchase Details

Closed on
Nov 13, 2000
Sold by
Poole Lucille A and Poole Family Trust
Bought by
Poole Lucille A and Poole Family Survivors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,725
Interest Rate
7.86%
Mortgage Type
Seller Take Back
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
Bohannon Stephen R -- None Available
Bohannon Stephen $1,525,015 Progressive Title Company
Alliance Financial Services Lp -- Progressive Title Company
Alliance Financial Services Lp -- None Available
Cambridge Partners Inc -- --
Taulli Frank -- --
Taulli Frank -- First American Title Ins Co
Cambridge Partners Inc $1,300,000 Southland Title
Poole Lucille A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohannon Stephen R $720,000
Closed The Bohannon Trust $250,000
Closed Bohannon Stephen $875,000
Previous Owner Taulli Frank $500,000
Previous Owner Taulli Frank $500,000
Previous Owner Poole Lucille A $151,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $1,525,000 +1.7% $694 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $1,500,000 -- $682 / 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 $21,628 $1,869,431 $1,495,548 $373,883
2024 $21,628 $1,832,776 $1,466,224 $366,552
2023 $21,242 $1,796,840 $1,437,475 $359,365
2022 $20,198 $1,761,609 $1,409,290 $352,319
2021 $20,204 $1,727,068 $1,381,657 $345,411
2019 $19,348 $1,675,844 $1,340,677 $335,167
2018 $19,181 $1,642,986 $1,314,390 $328,596
2016 $18,215 $1,579,188 $1,263,351 $315,837
2015 $18,024 $1,555,468 $1,244,375 $311,093
2014 $17,758 $1,525,000 $1,220,000 $305,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13072208

California Regional Multiple Listing Service (CRMLS)

APN: 7542-036-014