NOT LISTED FOR SALE

27965 Palos Verdes Dr E Rancho Palos Verdes, CA 90275

Estimated Value: $2,408,000 - $2,763,000

3 Beds
3 Baths
2,154 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $2,725,000 $1,265 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $14,345/month

23 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Updated Kitchen
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • 0.9 Acre Lot

About This Home

As of July 2024

One of a kind home on a QUIET mostly flat and all usable NEARLY ACRE OF LAND with BREATHTAKING VIEWS from the surf in Manhattan Beach to the San Pedro Harbor and beyond. There is a reason the family has held onto this home for nearly 70 years! The CHARMING 3 bedroom and 3 bath home boasts gorgeous bamboo floors, a centrally located kitchen (Viking Stove), newer fridge, gorgeous vaulted redwood ceilings, skylights, laundry room, breakfast room, family room, living room and separate office. VIEWS from most rooms. Don't let the street name keep you away, this is not on the drive..and doesn't hear it either! It is an oasis of beautiful, useable land and loaded with gardens, prolific citrus and avocado trees..sprawling lawns- and charm! Tons of parking, (room for an RV or Bus!) The extra large, attached 2 car garage has an epoxy floor and space for a work shop.

Last Agent to Sell the Property

Charles Raine

Coastal Legacy Realty Group Brokerage Phone: 3103774932 License #00982925 Listed on: 05/10/2024

Co-Listed By

Bill Ruth

Coastal Legacy Realty Group Brokerage Phone: 3103774932 License #01047519

Last Buyer's Agent

Larissa Rubijevsky

Estate Properties License #01347242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1955

Lot Details

  • 0.9 Acre Lot
  • Rural Setting
  • East Facing Home
  • Secluded Lot
  • Level Lot
  • Flag Lot
  • Front and Back Yard Sprinklers
  • Property is zoned RPRS20000&E*

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Parking Lot
  • RV Access or Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • Harbor
  • Panoramic
  • Views of Vincent Thomas Bridge
  • City Lights
  • Meadow

Interior Spaces

  • 2,154 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Dapplegray Elementary School
  • Miraleste Middle School
  • Peninsula High School

Utilities

  • Cooling Available
  • Central Heating
  • Gas Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 2970
  • Assessor Parcel Number 7568028014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS20000&E*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7568028014
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2154.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1265.09
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Direction Faces: East
  • View: Bay, City Lights, Coastline, Harbor, Meadow, Ocean, Panoramic, Vincent Thomas Bridge, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door, Garage Door Opener, Oversized, Parking Space, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Dapplegray
  • Middle School: Miraleste
  • High School: Peninsula
  • Elementary School: Dapplegray
  • High School: Peninsula
  • Middle Or Junior School: Miraleste
  • Elementary School #2: DAPPLE
  • High School2: PENINS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Flag Lot, Level, Secluded, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 39015.00
  • Lot Size Acres: 0.8957
  • Latitude Manual: 33.76630900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 39015.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6707.02
  • Tax Lot: 10
  • Tax Tract Number: 2970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 5, 2024
Sold by
Warrier Unnikrishnan S and Lam Anne T
Bought by
Unnikrishnan S Warrier Trust and Anne T Lam Trust
Seller's Agent
Charles Raine
Coastal Legacy Realty Group
Buyer's Agent
Larissa Rubijevsky
Estate Properties
List Price
$2,750,000
Sold Price
$2,725,000
Premium/Discount to List
-$25,000
-0.91%
Views
23
Current Estimated Value
$2,582,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$142,401
Avg. Annual Appreciation
-4.64%
Original Mortgage
$2,180,000
Outstanding Balance
$2,156,078
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$426,521

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 4, 2024
Sold by
Robert Michael Patterson Living Trust and Patterson Robert Michael
Bought by
Warrier Unnikrishnan S and Lam Anne T
Seller's Agent
Charles Raine
Coastal Legacy Realty Group
Buyer's Agent
Larissa Rubijevsky
Estate Properties
List Price
$2,750,000
Sold Price
$2,725,000
Premium/Discount to List
-$25,000
-0.91%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,180,000
Outstanding Balance
$2,156,078
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$426,521

Purchase Details

Listed on
Dec 29, 2020
Closed on
Dec 17, 2020
Sold by
Patterson Robert Michael
Bought by
Patterson Robert Michael and Patterson Robert Michael
Seller's Agent
Charles Raine
Coastal Legacy Realty Group
Buyer's Agent
Judy Woo
MASTERS REALTY
Sold Price
$5,300

Purchase Details

Closed on
Mar 26, 2018
Sold by
Patterson Robert Michael
Bought by
Patterson Robert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Patterson Cyrille
Bought by
Patterson Robert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2002
Sold by
Patterson Robert Michael
Bought by
Patterson Robert Michael

Purchase Details

Closed on
Jul 28, 1998
Sold by
Family Trust Patterson, Robert M Co Tr Patter
Bought by
Patterson Robert M and Fletcher Pamela S P
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
Unnikrishnan S Warrier Trust -- None Listed On Document
Warrier Unnikrishnan S $2,725,000 Fidelity National Title
Patterson Robert Michael -- None Available
Patterson Robert Michael -- Chicago Title Company
Patterson Robert Michael -- Act
Patterson Robert Michael -- --
Patterson Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warrier Unnikrishnan S $2,180,000
Previous Owner Patterson Robert Michael $668,000
Previous Owner Patterson Robert Michael $50,000
Previous Owner Patterson Robert Michael $650,000
Previous Owner Patterson Robert Michael $650,000
Previous Owner Patterson Robert Michael $203,000
Previous Owner Patterson Robert M $100,000
Previous Owner Patterson Robert Michael $25,000
Previous Owner Patterson Robert Michael $506,000
Previous Owner Patterson Robert Michael $506,000
Previous Owner Patterson Robert M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $2,725,000 -0.9% $1,265 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $2,750,000 +0.9% $1,277 / Sq Ft
05/18/2024 05/18/24 Off Market $2,725,000 -- --
05/10/2024 05/10/24 For Sale $2,750,000 0.0% $1,277 / Sq Ft
01/26/2021 01/26/21 Rented $5,300 -3.6% --
01/05/2021 01/05/21 For Rent $5,500 0.0% --
01/03/2021 01/03/21 Off Market $5,500 -- --
12/30/2020 12/30/20 Price Changed $5,500 +1.9% $3 / Sq Ft
12/29/2020 12/29/20 For Rent $5,400 +8.0% --
02/05/2019 02/05/19 Rented $5,000 0.0% --
02/02/2019 02/02/19 For Rent $5,000 -- --
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 $3,278 $2,725,000 $2,503,000 $222,000
2024 $3,278 $171,307 $65,577 $105,730
2023 $3,183 $167,949 $64,292 $103,657
2022 $3,010 $164,657 $63,032 $101,625
2021 $2,966 $161,430 $61,797 $99,633
2020 $2,926 $159,776 $61,164 $98,612
2019 $2,861 $156,644 $59,965 $96,679
2018 $2,552 $153,574 $58,790 $94,784
2017 $71 $150,564 $57,638 $92,926
2016 $2,409 $147,612 $56,508 $91,104
2015 $2,593 $145,396 $55,660 $89,736
2014 $2,590 $142,549 $54,570 $87,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24094964

California Regional Multiple Listing Service (CRMLS)

APN: 7568-028-014