NOT LISTED FOR SALE

27947 Ridgecove Ct N Rancho Palos Verdes, CA 90275

Estimated Value: $926,000 - $1,262,000

3 Beds
2.5 Baths
1,439 Sq Ft
$743/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $966,000 $671 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,099/month

22 Days on Market

Highlights

  • Guarded Parking
  • 24-Hour Security
  • Gated Parking
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • 7.11 Acre Lot

About This Home

As of January 2022

Sensational Two-Story Townhouse in Rancho Palos Verdes! Beautifully nestled in the coveted community of Ridgegate, this 3BR/2.5BA, 1,439sqft end-unit conveys Californian panache with lush landscaping, Spanish architectural styling, and a traditional stucco exterior and is also in the sought-after Palos Verdes school district. Designed for both entertaining and peaceful relaxation, the freshly painted interior dazzles with new flooring, a neutral color scheme, plantation shutters throughout, an organically flowing traditional floorplan, a large living room with a lovely fireplace, and a gorgeous dining area with built-in cabinetry. Fully equipped and created for easy meal preparation, the kitchen features sprawling tile countertops, ample cabinetry, white appliances, a built-in microwave, a dishwasher, double sinks, an electric range/oven, and a bright bay window. Host al fresco dinners with the spacious patio! Sip wine and laugh with guests, while basking in the privacy of your delightfully secluded outdoor space. After a long evening of joyful conversation, retreat to the upper-level primary bedroom, which has two closets, a vanity area, and an attached en suite. Two guest bedrooms are generously sized with dedicated closets. Other features: detached 2-car garage, laundry area, community pool and tennis courts, quick 35-minute drive from LAX, close to shopping, schools, Promenade on the Peninsula Shopping Mall, Target, Starbucks, parks, multiple beaches, medical facilities, and restaurants, and so much more! Bursting with design possibilities and featuring an ideal location, this two-story townhome will not last long. Call now to secure your private tour!

Last Agent to Sell the Property

Michael Chou

eXp Realty of California, Inc. License #02094672 Listed on: 11/19/2021

eXp Realty of California, Inc.

Last Buyer's Agent

XIN SU WANG

HARVEST REALTY DEVELOPMENT License #01903372

HARVEST REALTY DEVELOPMENT

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,684

Year Built

  • Built in 1973

Lot Details

  • Property fronts a private road
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Public Parking
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Guarded Parking

Interior Spaces

  • 1,439 Sq Ft Home
  • Recessed Lighting
  • Track Lighting
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Standard Electricity
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29594
  • Assessor Parcel Number 7587003010
  • $851 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 352 Units
  • Ridgebook HOA, Phone Number (310) 377-5007
  • Horizon Mgmt HOA
  • Maintained Community

Amenities

  • Service Entrance

Recreation

  • Tennis Courts
  • Community Pool
  • Water Sports

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,684

Year Built

Built in 1973

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: LA Michael Chou
  • Other Phone Number: 310-999-8189
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security
  • View: No
  • Zoning: RPRM5400*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7587003010
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1439.00 Square Feet
  • Interior Amenities: Recessed Lighting, Tile Counters, Track Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Service Entrance, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 671.30
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Blinds, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Gated, Guarded, Public
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Freezer, Ice Maker, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Insurance, Maintenance Grounds, Trash, Pets Permitted, Management, Guard, Security, Controlled Access
  • Association Fee: 430.00
  • Association Fee Frequency: Monthly
  • Association Name: Ridgebook HOA
  • Phone: 310-377-5007
  • Senior Community: No
  • Community Features: Watersports, Sidewalks
  • Association Management: Horizon Mgmt

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 29594
  • TaxOtherAnnualAssessmentAmount: 851.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 22, 2021
Sold by
Wanfang Bao
Bought by
Wu Fan and He Xuan
Seller's Agent
Michael Chou
eXp Realty of California, Inc.
Buyer's Agent
XIN SU WANG
HARVEST REALTY DEVELOPMENT
List Price
$932,000
Sold Price
$966,000
Premium/Discount to List
$34,000
3.65%
Current Estimated Value
$1,068,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,899
Avg. Annual Appreciation
2.65%
Original Mortgage
$752,000
Outstanding Balance
$694,566
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$369,201

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 23, 2021
Sold by
Ryan Jennifer Lynn and Patricia A Webb Living Trust
Bought by
Bao Wanfang and Ying Zongheng
Seller's Agent
Danielle Whitney Moore
Keller Williams Realty
Buyer's Agent
Michael Chou
eXp Realty of California, Inc.
List Price
$819,000
Sold Price
$850,000
Premium/Discount to List
$31,000
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.69%
Original Mortgage
$552,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Webb Patricia A
Bought by
Webb Patricia A and Patricia A Webb Living Trust
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
Wu Fan $966,000 Fidelity National Title
Bao Wanfang $850,000 Fidelity National Title Co
Bao Wanfang -- Fidelity National Title
Webb Patricia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Fan $752,000
Previous Owner Bao Wanfang $552,500
Previous Owner Webb Patricia A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $966,000 +3.6% $671 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $932,000 +9.6% $648 / Sq Ft
08/18/2021 08/18/21 Sold $850,000 +3.8% $591 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $819,000 -- $569 / 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 $11,684 $1,025,125 $716,633 $308,492
2024 $11,684 $1,005,026 $702,582 $302,444
2023 $11,596 $985,320 $688,806 $296,514
2022 $9,792 $850,000 $602,300 $247,700
2021 $2,273 $131,318 $62,489 $68,829
2020 $1,688 $129,973 $61,849 $68,124
2019 $2,185 $618,183 $331,170 $287,013
2018 $2,050 $124,929 $59,449 $65,480
2016 $1,947 $120,081 $57,142 $62,939
2015 $1,982 $118,278 $56,284 $61,994
2014 $1,969 $115,962 $55,182 $60,780
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21249668

California Regional Multiple Listing Service (CRMLS)

APN: 7587-003-010