NOT LISTED FOR SALE

27940 Ridgecove Ct N Rancho Palos Verdes, CA 90275

Estimated Value: $841,000 - $959,000

2 Beds
1.5 Baths
1,140 Sq Ft
$350/mo HOA Fee

Last Sold November 02, 2018

Last sale price $620,000 $544 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,947/month

14 Days on Market

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • 309,695 Sq Ft lot
  • Montemalaga Elementary School Rated A+
  • Gated Community
  • Neighborhood Views

About This Home

As of November 2018

Beautiful 2-level Townhouse located in the highly desirable RIDGEGATE COMMUNITY in Rancho Palos Verdes. This unit features a private 2 CAR GARAGE with storage and laundry area plus an OPEN PATIO with access to and from the garage and kitchen. The main level of this home features a spacious LIVING ROOM, POWDER ROOM and KITCHEN with STAINLESS STEEL refrigerator and DINING AREA. Upstairs, there are two LARGE BEDROOMS with new CEILING FANS and great closet space. Plus, there is a large BATHROOM featuring DOUBLE SINKS and TUB with SHOWER. RECESSED LIGHTING through-out. GATED COMMUNITY amenities include 24-hour security patrol, TENNIS COURTS, SPORT COURT, BBQ area and SWIMMING POOLS. This unit is nearest the only pool in the complex heated year-round. Convenient location close to schools, parks, shopping and entertainment. Move in ready, come take a look!

Last Agent to Sell the Property

Grace Parris

Keller Williams Coastal Prop. License #01460379 Listed on: 09/28/2018

Keller Williams Coastal Prop.

Last Buyer's Agent

Jennifer Boyd

Keller Williams Coastal Prop. License #01958537

Keller Williams Coastal Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,205

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Automatic Gate

Interior Spaces

  • 1,140 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Drapes & Rods
  • Blinds
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Water Line To Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Soleado Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7099
  • Assessor Parcel Number 7587003052

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,205

Year Built

Built in 1973

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: RIDGEGATE
  • View: Yes
  • Zoning: RPRM5400*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587003052
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1140.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 543.86
  • Room Type: All Bedrooms Up, Kitchen
  • Spa Features: Association, Community
  • Window Features: Blinds, Drapes
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Sport Court, Dues Paid Monthly, Security, Controlled Access
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Horizon Mgmt
  • Phone: 310-543-1995
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Soleado
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: SOLEAD
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 309695.00

Multi Family

  • Lease Considered: No
  • 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
Nov 16, 2023
Sold by
Kaitlyn H Xiong Family Living Trust
Bought by
Kaitlyn H Xiong Family Living Trust and Thou
Current Estimated Value
$897,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$408,622
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$487,694

Purchase Details

Listed on
Sep 28, 2018
Closed on
Oct 11, 2018
Sold by
Killpack Patrick R
Bought by
Zhou Zhimin and The Kaitlyn H Xiong Family Liv
Seller's Agent
Grace Parris
Keller Williams Coastal Prop.
Buyer's Agent
Jennifer Boyd
Keller Williams Coastal Prop.
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
May 21, 2012
Closed on
Sep 21, 2012
Sold by
Brewer Miriam Rei
Bought by
Killpack Patrick
Seller's Agent
Christopher Sulentic
StoneCrest Real Estate
Buyer's Agent
Luis Gomez
Blue Window Realty
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$378,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2012
Closed on
Sep 17, 2012
Sold by
Brown Brad and Brown Christy
Bought by
Killpack Patrick R
Seller's Agent
Christopher Sulentic
StoneCrest Real Estate
Buyer's Agent
Luis Gomez
Blue Window Realty
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Coyne Michael G and Coyne Karen Dewey
Bought by
Brown Brad and Brown Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Daniels Richard Charles and Daniels Loretta Ruthe
Bought by
Coyne Michael G and Coyne Karen Dewey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.88%

Purchase Details

Closed on
Apr 21, 1995
Sold by
Daniels Richard C and Daniels Loretta R
Bought by
Daniels Richard Charles and Daniels Loretta Ruthe
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
Kaitlyn H Xiong Family Living Trust -- Wfg National Title
Zhou Zhimin $620,000 First American Title
Killpack Patrick -- Stewart Title Company
Killpack Patrick R $420,000 Stewart Title Company
Brown Brad $619,000 Progressive Title Co Inc
Coyne Michael G $299,000 --
Daniels Richard Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaitlyn H Xiong Family Living Trust $415,000
Previous Owner Killpack Patrick R $378,000
Previous Owner Brown Brad $93,000
Previous Owner Brown Brad $495,200
Previous Owner Coyne Michael G $242,900
Previous Owner Coyne Michael G $37,000
Previous Owner Coyne Michael G $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $620,000 -4.6% $544 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $649,900 +54.7% $570 / Sq Ft
10/15/2012 10/15/12 Sold $420,000 -1.2% $368 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
05/29/2012 05/29/12 Price Changed $425,000 -4.5% $373 / Sq Ft
05/21/2012 05/21/12 For Sale $445,000 -- $390 / 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 $8,205 $691,616 $483,240 $208,376
2024 $8,205 $678,056 $473,765 $204,291
2023 $8,089 $664,762 $464,476 $200,286
2022 $7,687 $651,728 $455,369 $196,359
2021 $7,693 $638,950 $446,441 $192,509
2019 $7,361 $620,000 $433,200 $186,800
2018 $5,571 $454,546 $268,290 $186,256
2016 $5,301 $436,897 $257,873 $179,024
2015 $5,303 $430,335 $254,000 $176,335
2014 $5,238 $421,906 $249,025 $172,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18234963

California Regional Multiple Listing Service (CRMLS)

APN: 7587-003-052