NOT LISTED FOR SALE

26841 Basswood Ave Rancho Palos Verdes, CA 90275

Estimated Value: $1,818,000 - $2,160,000

4 Beds
2.5 Baths
2,131 Sq Ft
$920/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $2,100,000 $985 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $11,933/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Silver Spur Elementary School Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of April 2024

Location and design rarely combine to result in an offering as rare as 26841 Basswood Ave - a 4 bedroom plus office property that just completed a full remodel/renovation (all electrical, plumbing and framing permitted). Reimagined for modern living and featuring exceptional design at every turn. The allure of this home begins at the curb, where the fresh facade, new sod, and colorful planters create an inviting entrance. Upon entering you will notice original hard wood floors that were completely refinished, a feature you will not find in any other home. A brand new kitchen, island, 48" stove, custom hood enclosure, walk-in pantry will be the center of attention for all your gatherings. Standing in the kitchen you can look out into the open floor plan and see the opulent living room, dining area and large back yard. Move over to the Master, you will find a large bedroom with fireplace, walk-in closet and an en suite that is meant for the best of the best. On top of the 4 bedrooms 2 full baths and one half bath, anyone working from home will find this separate home office the perfect place to focus and work productively. Don't forget that this incredible property sits on a 8,836 sqft lot and has no neighbors behind. Standing out in the backyard you will find peace and serenity. If that was not enough the location of this property, puts you within walking distance of the best school system in the country, Palos Verdes Peninsula High School and Silver Spur Elementary. With the renovations, the location and the community, this property will not last long on the market.

Last Agent to Sell the Property

Chris Mark

Far West Realty Brokerage Email: cmark1018@yahoo.com License #01883652 Listed on: 04/04/2024

Last Buyer's Agent

Richard Warren

eXp Realty of California Inc License #01518362

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,010

Year Built

  • Built in 1958

Lot Details

  • 8,836 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Flag Lot
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned RPRS8000*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Property Views

  • Woods
  • Hills

Home Design

  • Turnkey
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,131 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Silver Spur Elementary School
  • Palos Verdes Peninsula High School

Additional Features

  • Energy-Efficient Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 132
  • Tax Tract Number 21350
  • Assessor Parcel Number 7578006007
  • $515 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,010

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Cell Phone
  • Other Phone Number: 949-212-7468
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: RPRS8000*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7578006007
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2131.00 Square Feet
  • Interior Amenities: Open Floorplan, Pantry, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 985.45
  • Room Type: All Bedrooms Down, Den, Entry, Kitchen, Living Room, Office, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s), Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Lighting
  • View: Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Silver Spur
  • High School: Palos Verdes Peninsula
  • Elementary School: Silver Spur
  • High School: Palos Verdes Peninsula
  • Elementary School #2: SILSPU
  • High School2: PAVEPE

Green Features

  • Efficiency: Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Flag Lot, Level, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8836.00
  • Lot Size Acres: 0.2028

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8836.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.18
  • Tax Lot: 132
  • Tax Tract Number: 21350
  • TaxOtherAnnualAssessmentAmount: 515.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 19, 2024
Sold by
Marquee Investment Group Llc
Bought by
Choi Family Trust and Choi
Seller's Agent
Chris Mark
Far West Realty
Buyer's Agent
Richard Warren
eXp Realty of California Inc
List Price
$1,860,000
Sold Price
$2,100,000
Premium/Discount to List
$240,000
12.9%
Views
69
Current Estimated Value
$1,960,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,539
Avg. Annual Appreciation
-4.97%

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 27, 2023
Sold by
Mark Investment Group Llc
Bought by
Marquee Investment Group Llc
Seller's Agent
Tony Lovejoy
RE/MAX Select One
Buyer's Agent
Tony Lovejoy
RE/MAX Select One
List Price
$1,600,000
Sold Price
$1,375,000
Premium/Discount to List
-$225,000
-14.06%
Views
202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.41%
Original Mortgage
$1,113,172
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 28, 2023
Sold by
Meyer Judy and Hernandez Jane
Bought by
Mark Investment Group Llc
Seller's Agent
Tony Lovejoy
RE/MAX Select One
Buyer's Agent
Tony Lovejoy
RE/MAX Select One
List Price
$1,600,000
Sold Price
$1,375,000
Premium/Discount to List
-$225,000
-14.06%
Views
202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,113,172
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2021
Sold by
Hernandez Jane
Bought by
Meyer Judy and Hernandez Jane

Purchase Details

Closed on
Oct 1, 2014
Sold by
Cummings Lillian C
Bought by
Cummings Lillian C and Lillian C Cummings Revocable Living Trus
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
Choi Family Trust $2,100,000 Ticor Title
Marquee Investment Group Llc -- Ticor Title Company
Mark Investment Group Llc $1,375,000 Ticor Title
Meyer Judy -- None Available
Cummings Lillian C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquee Investment Group Llc $1,113,172
Previous Owner Mark Investment Group Llc $1,113,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $2,100,000 +12.9% $985 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,860,000 +35.3% $873 / Sq Ft
08/21/2023 08/21/23 Sold $1,375,000 0.0% $668 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/06/2023 07/06/23 Off Market $1,375,000 -- --
06/29/2023 06/29/23 For Sale $1,600,000 -- $777 / 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 $16,010 $2,142,000 $1,606,500 $535,500
2024 $16,010 $1,375,000 $1,010,000 $365,000
2023 $1,745 $120,120 $48,986 $71,134
2022 $1,677 $117,766 $48,026 $69,740
2021 $1,724 $115,458 $47,085 $68,373
2020 $1,704 $114,275 $46,603 $67,672
2019 $1,663 $112,036 $45,690 $66,346
2018 $1,554 $109,841 $44,795 $65,046
2016 $1,475 $105,577 $43,056 $62,521
2015 $1,556 $103,992 $42,410 $61,582
2014 $1,552 $101,956 $41,580 $60,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24065376

California Regional Multiple Listing Service (CRMLS)

APN: 7578-006-007