NOT LISTED FOR SALE

26853 Basswood Ave Rancho Palos Verdes, CA 90275

Estimated Value: $1,631,507 - $1,701,000

3 Beds
2 Baths
1,395 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $1,360,000 $975 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,282/month

11 Days on Market

Highlights

  • Golf Course Community
  • View of Hills
  • Lawn
  • Silver Spur Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of October 2022

Welcome to 26853 Basswood, located in the heart of the very desirable Silver Spur neighborhood. This peaceful and private 3 bedroom, 2 bath home has been well maintained and loved over the years. A few of the many features include updated plumbing, A/C, new appliances, a new garage door, original hardwood floors throughout and a fresh coat of paint. The beveled French doors span the width of the living room and overlook the large flat backyard which backs up to city parkland. An unobstructed serene view of the hillside makes for a lovely backyard setting for entertaining or enjoying family time.
If you've ever wanted to walk your children to award-winning Palos Verdes schools, this is your chance. Short walk to Peninsula High School, Silver Spur Elementary school, shopping and entertainment.
Don't miss this wonderful opportunity to do a few updates and make this your dream home.

Last Agent to Sell the Property

Nicole Reis

Compass License #02050314 Listed on: 09/19/2022

Compass

Last Buyer's Agent

Nicole Reis

Compass License #02050314 Listed on: 09/19/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,074

Year Built

  • Built in 1958

Lot Details

  • 8,629 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard
  • Property is zoned RPRS8000*

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Turnkey
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Tile Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Hills

Kitchen

  • Open to Family Room
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Schools

  • Silver Spur Elementary School
  • Ridgecrest Middle School
  • Peninsula High School

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Listing and Financial Details

  • Tax Lot 134
  • Tax Tract Number 21350
  • Assessor Parcel Number 7578006009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,074

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, dryer, refrigerator
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS8000*
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7578006009
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1395.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Crown Molding, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 974.91
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Awning(s)
  • View: Hills
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Sidewalks, Suburban

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 8629.00
  • Lot Size Acres: 0.1981

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8629.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.18
  • Tax Lot: 134
  • Tax Tract Number: 21350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 5, 2022
Sold by
Louis K And Adrienne Herman Family Trust
Bought by
Locke Jennifer Linn and Locke Tyler Andrew
Seller's Agent
Nicole Reis
Compass
Buyer's Agent
Nicole Reis
Compass
List Price
$1,400,000
Sold Price
$1,360,000
Premium/Discount to List
-$40,000
-2.86%
Views
16
Current Estimated Value
$1,653,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,877
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,020,000
Outstanding Balance
$982,951
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$681,824

Purchase Details

Closed on
Jan 16, 1996
Sold by
Herman Louis K
Bought by
Herman Louis K and Herman Adrienne
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
Locke Jennifer Linn $1,360,000 First American Title
Herman Louis K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Jennifer Linn $1,020,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $1,360,000 -2.9% $975 / Sq Ft
09/19/2022 09/19/22 For Sale $1,400,000 -- $1,004 / 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 $16,074 $1,414,943 $1,131,955 $282,988
2024 $16,074 $1,387,200 $1,109,760 $277,440
2023 $15,753 $1,360,000 $1,088,000 $272,000
2022 $1,425 $100,211 $48,026 $52,185
2021 $1,478 $98,247 $47,085 $51,162
2019 $1,425 $95,336 $45,690 $49,646
2018 $1,339 $93,468 $44,795 $48,673
2016 $1,679 $89,840 $43,056 $46,784
2015 $1,362 $88,492 $42,410 $46,082
2014 $1,359 $86,760 $41,580 $45,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22202282

California Regional Multiple Listing Service (CRMLS)

APN: 7578-006-009