NOT LISTED FOR SALE

27341 Rainbow Ridge Rd Palos Verdes Peninsula, CA 90274

Estimated Value: $2,439,038 - $2,829,000

4 Beds
3 Baths
2,945 Sq Ft
$883/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $2,225,000 $756 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $15,701/month

5 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Custom Home
  • Rancho Vista Elementary School Rated A+
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of September 2022

Want to take you higher!! The original owner chose this elevated lot with incredible city, mountain and ocean views as the perfect location for his family home. He designed and built this custom home featuring a very open floor plan as modern today as it was when his family moved in. A total of four bedrooms and 3 bathrooms in almost 3,000 square feet on an approximately 3/4 of an acre. Wide windows capture the expansive views from almost every room. The spacious living room with fireplace extends to the glass wrapped dining room overlooking the change of sunrise to sunset. The kitchen is a unique use of burl wood accented cabinetry with Corian counter tops. The primary suite is a sanctuary for daytime and nighttime dreaming. It includes a dressing area, sitting area and brass fixtured full bath. The multi-purpose recreation room offers space for family fun. It has a walk-in bar with sink, microwave and under counter beverage fridge. It opens out to the "edge of the world" patio and sparkling pool! Enjoy the sunshine or the shade of the covered lanai while taking in the views! Three-car garage, air conditioning, close to Chadwick Academy and convenient to shopping and dining and to natures delights! This property awaits the buyer who wants to take it to the next level!

Last Agent to Sell the Property

Kurt Allen

Compass License #01005087 Listed on: 08/24/2022

Compass

Co-Listed By

Judy D'Angelo

Compass License #00547116

Last Buyer's Agent

Gayle Probst

Estate Properties License #01137236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,156

Year Built

  • Built in 1973

Lot Details

  • 0.73 Acre Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA2L

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Custom Home
  • Spanish Tile Roof

Interior Spaces

  • 2,945 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 17208
  • Assessor Parcel Number 7570022009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,156

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: LCRA2L
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7570022009
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2945.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 755.52
  • Room Type: Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Mountain(s), Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Covered, Deck, Lanai, Patio
  • Pool Features: Private, Fenced, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Garage - Two Door, Garage Door Opener, Oversized
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 31870.00
  • Lot Size Acres: 0.7316

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31870.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6702.01
  • Tax Lot: 61
  • Tax Tract Number: 17208

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Aug 31, 2022
Sold by
Harris Trust
Bought by
Hadley John R and Hadley John R
Seller's Agent
Kurt Allen
Compass
Buyer's Agent
Gayle Probst
Estate Properties
List Price
$2,195,000
Sold Price
$2,225,000
Premium/Discount to List
$30,000
1.37%
Views
9
Current Estimated Value
$2,599,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,260
Avg. Annual Appreciation
5.18%
Original Mortgage
$1,668,750
Outstanding Balance
$1,592,749
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,006,511

Purchase Details

Closed on
Oct 2, 2012
Sold by
Harris John R and Harris Nettie Rae
Bought by
Harris John R
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
Hadley John R $2,225,000 Usa National Title
Harris John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadley John R $1,668,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $2,225,000 +1.4% $756 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $2,195,000 -- $745 / 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 $25,156 $2,314,890 $1,851,912 $462,978
2024 $25,156 $2,269,500 $1,815,600 $453,900
2023 $24,771 $2,225,000 $1,780,000 $445,000
2022 $3,725 $264,940 $79,678 $185,262
2021 $3,677 $259,746 $78,116 $181,630
2020 $3,621 $257,084 $77,316 $179,768
2019 $3,528 $252,044 $75,800 $176,244
2018 $3,367 $247,103 $74,314 $172,789
2016 $3,157 $237,509 $71,429 $166,080
2015 $3,124 $233,943 $70,357 $163,586
2014 $3,106 $229,361 $68,979 $160,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22186703

California Regional Multiple Listing Service (CRMLS)

APN: 7570-022-009