NOT LISTED FOR SALE

27912 Ridgecove Ct N Rancho Palos Verdes, CA 90275

Estimated Value: $857,000 - $961,693

2 Beds
3 Baths
1,083 Sq Ft
$844/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $605,000 $559 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,862/month

113 Days on Market

Highlights

  • Heated Pool
  • 7.11 Acre Lot
  • Pool View
  • Montemalaga Elementary School Rated A+
  • Property is near a clubhouse
  • Tennis Courts

About This Home

As of January 2019

Back on market!! Through no fault of property. Buyer could not complete financing.This original 2 bedroom, 3 bath townhome in the desirable "Ridgegate" community is ready to make your own. Great opportunity! Priced to sell!! Both bedrooms upstairs. Master has en suite bathroom, plus there is a 1/2 bath on the main level. Private enclosed patio - ideal for relaxing and entertaining. Convenient two car garage with laundry area and storage. Plenty of guest parking & lush landscaping. Great community with amenities which include gated pool and tennis court. Great location close to shops, schools, parks and entertaining.

Last Agent to Sell the Property

Elliott (Lee) Montgomery

eXp Realty of California Inc License #01984844 Listed on: 08/28/2018

eXp Realty of California Inc

Last Buyer's Agent

Anne Titus

The Real Estate Group License #01251455

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,948

Year Built

  • Built in 1973

Lot Details

  • 7.11

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Pool
  • Neighborhood

Interior Spaces

  • 1,083 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Heated Pool
  • Two or More Common Walls
  • Property is near a clubhouse
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7099
  • Assessor Parcel Number 7587003038

Community Details

Overview

  • 352 Units
  • Horizon Management Association, Phone Number (310) 543-1995

Amenities

  • Outdoor Cooking Area

Recreation

  • Tennis Courts
  • Ping Pong Table
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,948

Year Built

Built in 1973

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: 323-828-9996
  • Property Attached: Yes
  • View: Yes
  • Zoning: RPRM5400*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7587003038
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1083.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 558.63
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood, Pool
  • Pool Features: Community, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Outdoor Cooking Area, Tennis Court(s), Paddle Tennis
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Horizon Management
  • Phone: 310-543-1995
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes / LAUSD – inquire

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 309695.00
  • Lot Size Acres: 7.1096

Multi Family

  • Lease Considered: No
  • Lot Size Area: 309695.0000 Square Feet
  • Number Of Units In Community: 352
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 1
  • Tax Tract Number: 7099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Albert Mandana Fazeli
Bought by
Albert Mandana F and Mandana F Albert Revocable Trust
Current Estimated Value
$913,923

Purchase Details

Listed on
Aug 28, 2018
Closed on
Jan 7, 2019
Sold by
Carberry John P
Bought by
Albert Mandana Fazell
Seller's Agent
Elliott (Lee) Montgomery
eXp Realty of California Inc
Buyer's Agent
Anne Titus
The Real Estate Group
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$405,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2018
Sold by
Carberry Gayle Louise
Bought by
Carberry John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2015
Sold by
Rawding Carole and Barbara Anne Carberry Living T
Bought by
Carberry John P

Purchase Details

Closed on
Nov 8, 2000
Sold by
Carberry Barbara A
Bought by
Carberry Barbara Anne and Barbara Anne Carberry Living T
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
Albert Mandana F -- None Available
Albert Mandana Fazell $605,000 Provident Title Co
Carberry John P -- Fidelity Sherman Oaks
Carberry John P -- None Available
Carberry Barbara Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albert Mandana F $404,666
Closed Albert Mandana F $410,000
Closed Albert Mandana Fazell $405,000
Previous Owner Carberry John P $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2019 01/23/19 Sold $605,000 -3.8% $559 / Sq Ft
11/17/2018 11/17/18 For Sale $629,000 +4.0% $581 / Sq Ft
11/13/2018 11/13/18 Off Market $605,000 -- --
08/28/2018 08/28/18 For Sale $635,000 -- $586 / 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 $7,948 $674,883 $451,782 $223,101
2024 $7,948 $661,651 $442,924 $218,727
2023 $7,834 $648,679 $434,240 $214,439
2022 $7,444 $635,961 $425,726 $210,235
2021 $7,524 $623,492 $417,379 $206,113
2019 $1,868 $106,326 $52,943 $53,383
2018 $1,807 $104,242 $51,905 $52,337
2017 $1,761 $102,199 $50,888 $51,311
2016 $1,720 $100,196 $49,891 $50,305
2015 $1,758 $98,692 $49,142 $49,550
2014 -- $96,760 $48,180 $48,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18211825

California Regional Multiple Listing Service (CRMLS)

APN: 7587-003-038