NOT LISTED FOR SALE

26538 Basswood Ave Rancho Palos Verdes, CA 90275

Estimated Value: $1,698,000 - $2,094,000

3 Beds
2.5 Baths
1,844 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $1,758,000 $953 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,042/month

25 Days on Market

Highlights

  • Golf Course Community
  • City Lights View
  • Wood Flooring
  • Silver Spur Elementary School Rated A+
  • Open Floorplan
  • Quartz Countertops

About This Home

As of October 2022

COASTLINE and CITY VIEWS. Welcome to a beautifully remodeled 3 bedroom 2.5 bathroom one level home located .9 miles from top rated Palos Verdes Peninsula High School and .2 miles from highly rated Silver Spur Elementary School.Easy On and Off the Hill. Extensive Remodel completed in 2017 on this 3 Bedroom 3 Bath single level home. All renovation work was permitted and inspected. NEW UPGRADES INCLUDE; Custom White Cabinets with Quartz Countertops. High End Stainless Appliances, Recessed LED Lighting, Porcelain Tiles, Engineered Hardwood Flooring, Central Heating and AC system with ducting, Copper Water piping, Tankless Water Heater, ABS Drain Pipes, Complete Electrical Rewire, 200 Amp Electrical Panel. Ceiling Fans, Dual Pane Tempered Windows, Base and Crown Moldings, Doors and Hardware, Paint Inside and Out, and Garage Door with Opener. Open Kitchen to both Living Rooms with Fireplaces. View of the large Backyard through French Doors. Master Bedroom Suite with Walk-In Closet and Beautiful Bathroom with Free Standing Tub.

Last Agent to Sell the Property

Neil Chhabria

Chhabria Real Estate Company License #01821437 Listed on: 08/12/2022

Co-Listed By

Anand Chhabria

Chhabria Real Estate Company License #01908741

Last Buyer's Agent

Yevgeniya Kharkats

Berkshire Hathaway HomeServices California Properties License #01821253

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,515

Year Built

  • Built in 1957

Lot Details

  • 10,126 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Property is zoned RPRS8000*

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,844 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-in Shower

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Silver Spur Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 7577 / 002
  • Tax Tract Number 5
  • Assessor Parcel Number 7577002005

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,515

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 310-704-1395
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RPRS8000*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7577002005
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1844.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 953.36
  • Room Type: Family Room, Formal Entry, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Horse Trails, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Silver Spur
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Silver Spur
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: SILSPU
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 10126.00
  • Lot Size Acres: 0.2325

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10126.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 002
  • Tax Lot: 7577
  • Tax Tract Number: 005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Kharkats Alexander and Kharkats Yevgeniya
Bought by
Kharkats Family Trust and Kharkats
Current Estimated Value
$1,896,082

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 9, 2022
Sold by
Montgomerie Linda
Bought by
Kharkats Alexander and Kharkats Yevgeniya
Seller's Agent
Neil Chhabria
Chhabria Real Estate Company
Buyer's Agent
Yevgeniya Kharkats
Berkshire Hathaway HomeServices California Properties
List Price
$1,895,000
Sold Price
$1,758,000
Premium/Discount to List
-$137,000
-7.23%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%
Original Mortgage
$1,406,400
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 4, 2017
Sold by
Drorbaugh David
Bought by
Montgomerie Linda and The Nanji Family Trust
Seller's Agent
David Drorbaugh
DNA Real Estate, Inc.
Buyer's Agent
Neil Chhabria
Chhabria Real Estate Company
List Price
$1,360,000
Sold Price
$1,355,000
Premium/Discount to List
-$5,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
Sep 12, 2016
Closed on
Dec 14, 2016
Sold by
Yoo Timothy J
Bought by
Drorbaugh David and Drorbaugh Amber
Seller's Agent
Bryce Kawata
Keller Williams South Bay
Buyer's Agent
Bryce Kawata
Keller Williams South Bay
List Price
$985,000
Sold Price
$970,000
Premium/Discount to List
-$15,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.98%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Conrad Verna M
Bought by
Conrad Verna M
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
Kharkats Family Trust -- None Listed On Document
Kharkats Alexander $1,758,000 First American Title
Montgomerie Linda $1,355,000 Priority Title
Drorbaugh David $970,000 Fidelity Sherman Oaks
Conrad Verna M -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kharkats Alexander $1,406,400
Previous Owner Drorbaugh David $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $1,758,000 -2.1% $953 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $1,795,000 -5.3% $973 / Sq Ft
08/12/2022 08/12/22 For Sale $1,895,000 +39.9% $1,028 / Sq Ft
05/23/2017 05/23/17 Sold $1,355,000 -0.4% $735 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $1,360,000 +40.2% $738 / Sq Ft
12/23/2016 12/23/16 Sold $970,000 -1.5% $538 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $985,000 -- $547 / 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 $20,515 $977,582 $634,051 $343,531
2024 $20,515 $1,793,160 $1,434,528 $358,632
2023 $20,129 $1,758,000 $1,406,400 $351,600
2022 $16,636 $1,481,886 $1,185,510 $296,376
2021 $16,582 $1,452,830 $1,162,265 $290,565
2019 $15,854 $1,409,741 $1,127,793 $281,948
2018 $15,739 $1,382,100 $1,105,680 $276,420
2016 $2,664 $178,119 $91,747 $86,372
2015 $2,725 $175,444 $90,369 $85,075
2014 $2,702 $172,008 $88,599 $83,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22178453

California Regional Multiple Listing Service (CRMLS)

APN: 7577-002-005