NOT LISTED FOR SALE

Estimated Value: $2,250,000 - $2,725,000

6 Beds
3 Baths
3,068 Sq Ft
$784/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $2,300,000 $750 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,373/month

26 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • 0.5 Acre Lot
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • Dual Staircase

About This Home

As of March 2022

PRICED REDUCED ON ONE OF THE BEST VIEW HOMES IN RPV. This Colt Road home has a fantastic panoramic view situated on slightly over a half-acre of land. Enjoy unobstructed views of the Pacific Ocean, Harbor, Vincent Thomas Bridge, and San Pedro/Long Beach. This spacious 6-bedroom, 3-bathroom home has been designed for entertaining and luxurious living. New Year and Fourth of July fireworks can be seen for miles. The Master bedroom has a stunning Harbor view. It is a large master bedroom including a beautifully updated Master Bath. The kitchen has been updated with newer countertops and cabinets and is open to the dining room and large kitchen nook. There is a surprise mural in the children's bedroom. There are two fireplaces (one on each level) that burn gas or wood for warm cozy nights. The lot offers many features including sustainable lush landscaping with some grassy areas, a large sports court (with two basketball hoops), a heated salt pool with a slide, new electronic pool cover and large Jacuzzi with padded cover. There are 2 large sheds for storage on the property. The entrances to the property are secured with an electronic gate and pedestrian gate with upgraded wood fencing surrounding the whole property.. The home has its own security system for your comfort. Lots of room for parking allowing as many as 10 cars and room for a RV. The east side of PV is a 10-minute trip or less to the 110 Fwy and local major grocery stores and restaurants. It is also 2 miles from the ocean with great walkability and bike riding. It is within two miles of two golf courses in Rancho Palos Verdes and close to horse trails. The elementary, intermediate, and high schools are well-regarded teaching institutions located 10 to 15 minutes away. The intermediate school is less than 5 minutes away.

Last Agent to Sell the Property

Wayne Chamberlain

Estate Properties License #01828189 Listed on: 01/12/2022

Estate Properties

Last Buyer's Agent

Scott Mccain

Compass License #01982323

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,127

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • West Facing Home
  • Wrought Iron Fence
  • Redwood Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned RPRS20000&E*

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 10 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Circular Driveway
  • Driveway Up Slope From Street
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • Views of Vincent Thomas Bridge
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Shake Roof
  • Fire Retardant Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Wired For Data
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Tinted Windows
  • Roller Shields
  • Blinds
  • Window Screens
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Den with Fireplace
  • Bonus Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Pots and Pans Drawers
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Cover
  • Permits For Spa

Outdoor Features

  • Sport Court
  • Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters
  • Front Porch

Schools

  • Mira Catalina Elementary School
  • Miraleste Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Conventional Septic
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Electronic Air Cleaner

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 7091
  • Assessor Parcel Number 7556018027
  • $1,055 per year additional tax assessments

Community Details

Overview

  • Colt HOA, Phone Number (562) 884-2787
  • Jeff Richards HOA
  • Greenbelt

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,127

Year Built

Built in 1963

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer & Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: RPRS20000&E*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7556018027
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3068.00 Square Feet
  • Interior Amenities: 2 Staircases, In-Law Floorplan, Ceiling Fan(s), Ceramic Counters, Copper Plumbing Partial, Crown Molding, Electronic Air Cleaner, Living Room Deck Attached, Recessed Lighting, Storage, Tile Counters, Unfurnished, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Den, Family Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 749.67
  • Room Type: Bonus Room, Den, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Two Masters
  • Spa Features: Private, Heated, In Ground, Permits
  • Window Features: Blinds, Double Pane Windows, Roller Shields, Screens, Tinted Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Linen Closet/Storage, Remodeled, Walk-In Shower
  • Room Kitchen Features: Pots & Pan Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Sport Court Private, Storage
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Coastline, Harbor, Mountain(s), Neighborhood, Ocean, Panoramic, Vincent Thomas Bridge
  • Fence: Yes
  • Fencing: Excellent Condition, Redwood, Wrought Iron
  • Patio And Porch Features: Deck, Patio, Front Porch, Slab, Terrace
  • Pool Features: Private, Fenced, Gunite, Heated, Gas Heat, In Ground, Pool Cover, Salt Water
  • Pool Private: Yes
  • Roof: Fire Retardant, Shake
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Circular Driveway, Asphalt, Driveway Up Slope From Street, Garage - Two Door
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Cooktop, Microwave, Range Hood, Self Cleaning Oven, Trash Compactor
  • Electric: 220 Volts, Electricity - On Property, Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 295.00
  • Association Fee Frequency: Annually
  • Association Name: Colt HOA
  • Phone: 5628842787
  • Senior Community: No
  • Community Features: Gutters
  • Association Management: Jeff Richards

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Mira Catalina
  • Middle School: Miraleste
  • High School: Palos Verdes Peninsula
  • Elementary School: Mira Catalina
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Miraleste
  • Elementary School #2: MIRCAT
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Gentle Sloping, Greenbelt, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 21874.00
  • Lot Size Acres: 0.5022

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21874.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6707.02
  • Tax Lot: 62
  • Tax Tract Number: 7091
  • TaxOtherAnnualAssessmentAmount: 1055.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Patterson Michele S and Jackson Constance L
Bought by
Jackson Constance L and Patterson Michele S
Current Estimated Value
$2,406,653

Purchase Details

Closed on
Sep 9, 2015
Sold by
Patterson Michele S
Bought by
Patterson Michele S and Jackson Constance L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,550
Outstanding Balance
$493,192
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,858,814

Purchase Details

Closed on
Apr 3, 2003
Sold by
Patterson Michele S
Bought by
Patterson Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2003
Sold by
Patterson Michele S and Michele S Patterson Revocable
Bought by
Patterson Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2001
Sold by
Patterson Michele S
Bought by
Patterson Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,250
Interest Rate
6.57%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 21, 1999
Sold by
Simich John Michael and Simich Diana H
Bought by
Patterson Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
7.69%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 1, 1999
Sold by
Simich Diane
Bought by
Simich John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.76%

Purchase Details

Closed on
May 16, 1997
Sold by
Simich John
Bought by
Simich John

Purchase Details

Closed on
Jun 19, 1996
Sold by
Cvitanich Mark
Bought by
Simich John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
8.87%

Purchase Details

Closed on
May 18, 1994
Sold by
Glendale Federal Bank Fsb
Bought by
Cvitanich Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 21, 1994
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.25%
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
Jackson Constance L -- None Available
Patterson Michele S -- Wfg National Title Co Of Ca
Patterson Michele S -- --
Patterson Michele S -- Chicago Title Insurance Co
Patterson Michele S -- --
Patterson Michele S -- North American Title Co
Patterson Michele S $735,000 First American Title Co
Simich John Michael -- First American Title
Simich John -- --
Simich John Michael $387,500 First American Title Co
Cvitanich Mark $400,000 Fidelity National Title
Glendale Federal Bank Fsb $535,347 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Michele S $250,000
Open Patterson Michele S $625,550
Closed Patterson Michele S $250,000
Closed Patterson Michele S $200,000
Closed Patterson Michele S $100,000
Closed Patterson Michele S $856,250
Closed Patterson Michele S $551,250
Previous Owner Simich John Michael $280,000
Previous Owner Simich John Michael $282,500
Previous Owner Cvitanich Mark $350,000
Closed Patterson Michele S $95,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $2,300,000 +0.2% $750 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/31/2022 01/31/22 Price Changed $2,295,000 -4.0% $748 / Sq Ft
01/12/2022 01/12/22 For Sale $2,390,000 -- $779 / 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 $27,127 $2,440,777 $1,804,053 $636,724
2024 $27,127 $2,392,920 $1,768,680 $624,240
2023 $26,657 $2,346,000 $1,734,000 $612,000
2022 $14,623 $1,291,726 $896,719 $395,007
2021 $14,564 $1,266,399 $879,137 $387,262
2020 $14,360 $1,253,415 $870,123 $383,292
2019 $13,925 $1,228,839 $853,062 $375,777
2018 $13,646 $1,204,745 $836,336 $368,409
2016 $12,951 $1,157,965 $803,861 $354,104
2015 $12,823 $1,140,573 $791,787 $348,786
2014 $12,652 $1,118,231 $776,277 $341,954
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22004323

California Regional Multiple Listing Service (CRMLS)

APN: 7556-018-027