NOT LISTED FOR SALE

27918 Ridgecove Ct N Rancho Palos Verdes, CA 90275

Estimated Value: $989,000 - $1,133,000

3 Beds
2.5 Baths
1,595 Sq Ft
$500/mo HOA Fee

Last Sold February 08, 2023

Last sale price $1,003,000 $629 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,275/month

83 Days on Market

Highlights

  • Concierge
  • Gated with Attendant
  • Gourmet Kitchen
  • Montemalaga Elementary School Rated A+
  • Heated In Ground Pool
  • View of Trees or Woods

About This Home

As of February 2023

Enjoy a gorgeously upgraded home within the Ridgegate Community in Palos Verdes. A highly desired corner unit sharing only one attached wall, this unit has spacious living areas that provide comfort and ease. Fully upgraded 1 year ago with complete remodeling work done on flooring, painting, windows, cabinets, countertops, bathtubs, shower booths, and recessed lighting. Come to appreciate the upgraded unit with recessed lights throughout and upgraded quartz countertops in both the kitchen and bathrooms, as well as a tile backdrop in the kitchen. Large windows provide a refreshing breeze and a view of nature and the greens surrounding the unit. Experience the luxurious renovated bathrooms with large mirrors, tile flooring, tile shower stall walls, and a sliding glass shower door. Take advantage of the HOA amenities such as an access-controlled gate, community parking, 2 tennis courts, and 2 pools with night lights. Make the best use of highly rated schools that are within walking distance: Ridgecrest Intermediate School (9/10) and Palos Verdes Peninsula High School (10/10). Not only are well-sought-after schools close by, but there are also beautiful outdoor activity areas easily available. Go to the beautiful trail course Palos Verdes Nature Preserve-Pacific (5 minutes away), the popular Terranea Resort (10 minutes away), and the Los Verdes Golf Course (5 minutes away), which has a beautiful view of the Pacific Ocean and is often used to host public outdoor weddings.

Last Agent to Sell the Property

Paul Yoo

Keller Williams Larchmont License #01274972 Listed on: 10/11/2022

Keller Williams Larchmont

Co-Listed By

Allen Ryoo

Keller Williams Larchmont License #02161583

Last Buyer's Agent

Jessica Kim

Estate Properties License #02046201

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,965

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • End Unit
  • North Facing Home
  • Gated Home
  • Sprinklers on Timer

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slate Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 1,595 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Bar
  • Dry Bar
  • Crown Molding
  • Gas Fireplace
  • Shutters
  • Window Screens
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7587-003-041

Community Details

Overview

  • Association fees include maintenance paid, clubhouse, concierge, sewer, trash, security, building and grounds
  • 352 Units
  • Ridgegate East Hoa, Inc. Association, Phone Number (310) 543-1995

Amenities

  • Concierge
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,965

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: RIDGEGATE EAST HOA / Debra MoGary
  • Entry Floor: 0
  • Entry Location: Ground Level w/steps
  • Living Area: 1595
  • Lot Acreage: 7.1096
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 0
  • Year Built: 1973
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Bar, Built-Ins, Common Walls, Crown Moldings, Dry Bar, Open Floor Plan, Pre-wired for high speed Data
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Electric, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Linen Closet, Low Flow Toilet(s), Remodeled, Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top, Gourmet Kitchen, Quartz Counters, Remodeled
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 658.31
  • Windows: Screens, Window Shutters

Exterior Features

  • Direction Faces: North
  • Construction: Brick, Stucco
  • Other Features: End Unit, Rain Gutters
  • Tennis Court: Community, North/South
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated, Fenced, Community
  • Pool: Yes
  • Roof: Common Roof, Slate
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Covered Parking, Door Opener, Garage - 2 Car, Private Garage
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access, Community, Gated, Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Gated Community with Guard, Guarded
  • Sewer: In Street
  • Water: Water District, District

Association/Amenities

  • Amenities: Tennis Courts, Guest Parking, Pool, Gated Community, Assoc Maintains Landscape, Concierge, Clubhouse
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance Paid, Clubhouse, Concierge, Sewer, Trash, Security, Building and Grounds
  • HOA Fees: 500.00
  • Management Company: RIDGEGATE EAST HOA, Inc.
  • Phone: 3105431995|207
  • HOA: Yes
  • Unit Location: End Unit

Schools

  • School District: Palos Verdes Peninsula

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 7587-003-041
  • Lot Description: Gated with Guard, Gated Community
  • Lot Size Area: 309695

Multi Family

  • Number Of Units: 352

MLS Schools

  • School District: Palos Verdes Peninsula

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 24, 2023
Sold by
Song Bong Hoo and Song Sora
Bought by
Kim Sunghee Sunghee and Kim Andrew
Seller's Agent
Paul Yoo
Keller Williams Larchmont
Buyer's Agent
Jessica Kim
Estate Properties
List Price
$1,050,000
Sold Price
$1,003,000
Premium/Discount to List
-$47,000
-4.48%
Views
20
Current Estimated Value
$1,060,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,525
Avg. Annual Appreciation
2.70%
Original Mortgage
$270,000
Outstanding Balance
$261,554
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$811,489

Purchase Details

Closed on
Aug 31, 2007
Sold by
Mclaughlin Marguerite V
Bought by
Song Bong Hoo and Oh Sora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kim Sunghee Sunghee $1,003,000 Chicago Title Company
Song Bong Hoo $634,000 Progressive Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sunghee Sunghee $270,000
Previous Owner Song Bong Hoo $417,000
Previous Owner Mclaughlin Marguerite V $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $1,003,000 0.0% $629 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/21/2022 12/21/22 Off Market $1,003,000 -- --
10/11/2022 10/11/22 For Sale $1,050,000 -- $658 / 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 $11,965 $1,043,520 $719,852 $323,668
2024 $11,965 $1,023,060 $705,738 $317,322
2023 $9,591 $800,042 $559,916 $240,126
2022 $9,112 $784,356 $548,938 $235,418
2021 $9,113 $768,977 $538,175 $230,802
2019 $8,718 $746,170 $522,213 $223,957
2018 $8,645 $731,540 $511,974 $219,566
2016 $7,914 $674,000 $472,000 $202,000
2015 $7,637 $640,000 $448,300 $191,700
2014 $6,975 $575,000 $402,800 $172,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-207223

The MLS

APN: 7587-003-041