$830,000
SOLD APR 22, 2014

26 Ocean Crest Ct Rancho Palos Verdes, CA 90275

3 Beds
2.5 Baths
2,436 Sq Ft
$225/mo HOA Fee

Recently Sold

$341 Per Sq Ft

2% Below List Price

24 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Open Floorplan
  • Vista Grande Elementary Rated A+
  • Gated Community
  • Canyon View

About This Home

As of October 2014

Once in a while an enclave of homes is built that has a secluded feel even in the midst of a large population of people. This particular enclave is known as the Ocean Crest Villas and is part of a gated community, although separate from the more well-known condominiums on Ocean Crest Drive. With a total of only 23 units, this intimate complex offers a private street, common area pool, spa & sauna, and a very rural ambiance. With over 2,400 square feet of spacious living, all the rooms that you would expect in a gracious home are here including a formal entry hall, formal living & dining rooms, open kitchen to the family room, three fireplaces, and a master suite to rival even the best of homes! Double closets, separate shower and tub, elegant appointments including plantation shutters are but a few of the many amenities in this fine home. Freshly painted and cleaned, this sparkling gem could be just what you are waiting for! Don't miss this opportunity to make it yours!

Last Agent to Sell the Property

Les Fishman

Coldwell Banker Realty License #00816300 Listed on: 02/23/2014

Coldwell Banker Realty

Last Buyer's Agent

Young Lee

Keller Williams Palos Verdes License #00667613

Keller Williams Palos Verdes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,681

Year Built

  • Built in 1981

Lot Details

  • 1,725 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Rural Setting

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Canyon
  • Hills

Home Design

  • Tudor Architecture
  • Turnkey
  • Planned Development
  • Frame Construction
  • Spanish Tile Roof

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Plantation Shutters
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Mirrored Closets Doors

Home Security

  • Intercom
  • Termite Clearance

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6704
  • Assessor Parcel Number 7583039008

Community Details

Overview

  • 23 Units

Recreation

  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,681

Year Built

Built in 1981

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Seagate Villas
  • View: Yes
  • Architectural Style: Tudor
  • Property Condition: Termite Clearance, Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7583039008
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2436.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Intercom, Open Floorplan, Pull Down Stairs to Attic, Storage, Wet Bar
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 340.72
  • Room Type: All Bedrooms Up
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Canyon, Hills
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Disposal, Gas Oven, Gas Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Rural, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Cul-De-Sac, Planned Unit Development
  • Lot Size Sq Ft: 1725.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1725.0000 Square Feet
  • Number Of Units In Community: 23
  • Number Of Units Total: 23

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 6704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Oct 15, 2014
Sold by
Major Peter F
Bought by
Major Residence Living Trust
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Pete Major
P.F. Major,Inc./Major Mgmt.
List Price
$939,000
Sold Price
$916,000
Premium/Discount to List
-$23,000
-2.45%
Current Estimated Value
$1,567,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,803
Avg. Annual Appreciation
5.03%
Original Mortgage
$430,000
Outstanding Balance
$329,415
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,238,388

Purchase Details

Listed on
Aug 25, 2014
Closed on
Oct 5, 2014
Sold by
Chung Dong Suk
Bought by
Major Peter F and Major Pamela L
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Pete Major
P.F. Major,Inc./Major Mgmt.
List Price
$939,000
Sold Price
$916,000
Premium/Discount to List
-$23,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$329,415
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,238,388

Purchase Details

Listed on
Feb 23, 2014
Closed on
Mar 20, 2014
Sold by
Koenig Robert A
Bought by
Chung Dong Suk and Chung Hye Jung
Seller's Agent
Les Fishman
Coldwell Banker Realty
Buyer's Agent
Young Lee
Keller Williams Palos Verdes
List Price
$849,500
Sold Price
$830,000
Premium/Discount to List
-$19,500
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.80%
Original Mortgage
$300,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer $916,000 Accommodation
Grant Deed $916,000 Title 365
Grant Deed $830,000 Progressive
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,000 New Conventional
Previous Owner $300,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $916,000 -2.4% $376 / Sq Ft
08/25/2014 08/25/14 For Sale $939,000 +13.1% $385 / Sq Ft
04/22/2014 04/22/14 Sold $830,000 -2.3% $341 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $849,500 -- $349 / 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 $12,681 $1,100,886 $650,797 $450,089
2024 $12,681 $1,079,301 $638,037 $441,264
2023 $12,502 $1,058,139 $625,527 $432,612
2022 $11,875 $1,037,392 $613,262 $424,130
2021 $11,820 $1,017,052 $601,238 $415,814
2019 $11,304 $986,888 $583,406 $403,482
2018 $11,232 $967,538 $571,967 $395,571
2016 $10,664 $929,968 $549,757 $380,211
2015 $10,701 $916,000 $541,500 $374,500
2014 $10,458 $888,354 $514,364 $373,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14038733

California Regional Multiple Listing Service (CRMLS)

APN: 7583-039-008