NOT LISTED FOR SALE

27434 Rainbow Ridge Rd Palos Verdes Peninsula, CA 90274

Estimated Value: $2,133,000 - $2,329,000

4 Beds
3 Baths
3,252 Sq Ft
$695/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $1,710,000 $526 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,505/month

35 Days on Market

Highlights

  • Dining Room with Fireplace
  • Wood Flooring
  • Loft
  • Rancho Vista Elementary School Rated A+
  • Park or Greenbelt View
  • No HOA

About This Home

As of May 2023

1957 custom home located in the Westfield community comprised of four bedrooms and three bathrooms. Formal dining and living rooms have vintage PV Stone fireplaces. A two story Family Room offers expansive space for entertaining featuring a dramatic soaring ceiling with custom chandelier, built-in bar with counter seating, sink and fixtures for food and drinks along with a second story loft. Gracefully sited, the house sits on a mostly flat lot over 16,000 square feet with private yard, mature trees, expansive lawn, garden areas and patio terrace. From the front of the home, a peek-a boo view of the Queen's necklace can be seen in the distance. The Kitchen is spacious and includes a breakfast room with a laundry room adjacent. There is direct entry from two car attached garage. This well love property could be re-imagined with your vision. The Westfield enclave features community horse trails, a riding ring and tennis court for the use of residents. Acclaimed Palos Verdes Peninsula Unified School District for elementary, middle school and high school.

Last Agent to Sell the Property

Paul Kellogg

Coldwell Banker Realty License #01212345 Listed on: 03/27/2023

Coldwell Banker Realty

Co-Listed By

Pamela Dougherty

Coldwell Banker Realty License #01911670

Last Buyer's Agent

Karen Lucas

Estate Properties License #01049036

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,001

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 104x157
  • Property is zoned LCRA2L

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 3,252 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Breakfast Room
  • Loft
  • Park or Greenbelt Views
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7570-021-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,001

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Exclusions: Brass light fixture hanging in the Family Room above the stairs to the loft is excluded.
  • Living Area: 3252
  • Lot Acreage: 0.3710
  • Lot Dimensions: 104x157
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Gas Starter, Family Room, Living Room
  • Flooring: Hardwood, Stone, Vinyl Sheet, Carpet
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Equipment: Electric Dryer Hookup
  • Price Per S Q F T: 583.95

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Door Opener, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7570-021-004
  • Lot Size Area: 16161

MLS Schools

  • School District: Palos Verdes Peninsula

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 4, 2023
Sold by
Arnold Survivor Trust and Arnold Steven
Bought by
Oldham Family Trust and Oldham
Seller's Agent
Paul Kellogg
Coldwell Banker Realty
Buyer's Agent
Karen Lucas
Estate Properties
List Price
$1,899,000
Sold Price
$1,710,000
Premium/Discount to List
-$189,000
-9.95%
Views
106
Current Estimated Value
$2,261,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,611
Avg. Annual Appreciation
12.09%
Original Mortgage
$726,200
Outstanding Balance
$705,599
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$1,556,012

Purchase Details

Closed on
Feb 7, 2015
Sold by
Arnold Steven and Doner Lynn Arnold
Bought by
Arnold Survivors Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oldham Family Trust $1,710,000 Equity Title
Arnold Survivors Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldham Family Trust $726,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $1,710,000 -10.0% $526 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $1,899,000 -- $584 / Sq Ft
Source: The MLS

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 $20,001 $1,318,040 $797,813 $520,227
2024 $20,001 $1,744,200 $1,395,360 $348,840
2023 $3,332 $218,631 $79,621 $139,010
2022 $3,185 $214,345 $78,060 $136,285
2021 $3,135 $210,143 $76,530 $133,613
2020 $3,087 $207,989 $75,746 $132,243
2019 $3,010 $203,911 $74,261 $129,650
2018 $2,871 $199,913 $72,805 $127,108
2016 $2,681 $192,152 $69,979 $122,173
2015 $2,653 $189,266 $68,928 $120,338
2014 $2,636 $185,559 $67,578 $117,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-253975

The MLS

APN: 7570-021-004