NOT LISTED FOR SALE

28002 Ridgecove Ct N Rancho Palos Verdes, CA 90275

Estimated Value: $844,000 - $899,000

2 Beds
3 Baths
1,083 Sq Ft
$806/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $870,000 $803 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,846/month

23 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • 7.11 Acre Lot
  • Montemalaga Elementary School Rated A+
  • Gated Community
  • Traditional Architecture

About This Home

As of July 2024

Here’s your golden ticket to owning a charming 2-bedroom, 2.5-bath, 2-level townhome in the highly desirable Ridgegate gated community, right in the heart of the Palos Verdes Peninsula. This place has all the makings of your next dream home!

Home Sweet Home...Step inside to find gorgeous laminate wood floors throughout and smooth ceilings adorned with recessed lights. The spacious living room is filled with natural light from the large windows – perfect for your houseplants or that cozy reading nook you’ve always wanted. And yes, there’s a powder room off the living room, because who wants to climb stairs when nature calls?

The kitchen is a real gem, overlooking a spacious rear patio where you can channel your inner grill master. Plus, it has direct access to your oversized 2-car garage, which is conveniently equipped with laundry hookups and a plethora of shelves for all your storage needs – think of it as your personal Narnia.

Upstairs Oasis...The upper level boasts 2 spacious bedrooms with large closets. The primary suite and the hall bathroom are designed to make you feel like royalty. And here’s a bonus: this is one of the few homes in Ridgegate with air conditioning and newer central heat. You’ll be the cool kid on the block – literally.

Community Perks...Ridgegate is not just a place to live; it’s a lifestyle. The HOA amenities are nothing short of spectacular: four community pools (cannonball, anyone?), BBQ areas for those weekend cookouts, two tennis courts, two paddle tennis courts, and two sport courts. Plus, the gated entry with security means you can sleep easy at night. Exterior maintenance and insurance, on-site grounds crew, maintenance manager, basic cable, and trash are all taken care of – less stress, more fun.

Location, Location, Location...This townhome is a stone’s throw away from award-winning Palos Verdes schools, shopping centers, delectable restaurants, entertainment options, and parks. Whether you’re craving a shopping spree, a gourmet meal, a nature walk, or a walk on the beach, it’s all within reach.

So, pack your bags, bring your sense of humor, and get ready to fall in love with your new home in Ridgegate!

Last Agent to Sell the Property

Christopher Phipps

Fleur De Lis Properties, Inc. Brokerage Phone: 714-206-1479 License #01504980 Listed on: 06/05/2024

Last Buyer's Agent

Michelle Zabukovec

Redfin Corporation License #01851945

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,167

Year Built

  • Built in 1973

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • South Facing Home
  • Density is 16-20 Units/Acre

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Automatic Gate

Property Views

  • Park or Greenbelt
  • Courtyard

Home Design

  • Traditional Architecture
  • French Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Membrane Roofing

Interior Spaces

  • 1,083 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Drapes & Rods
  • Family Room Off Kitchen
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29594
  • Assessor Parcel Number 7587003062
  • $855 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Sport Court
  • Ping Pong Table
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,167

Year Built

Built in 1973

Lot Details

0

HOA Fees

$545 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Ridgegate
  • View: Yes
  • Zoning: RPRM5400*
  • Architectural Style: French, Traditional
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7587003062
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1083.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen, In Family Room, In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 803.32
  • Room Type: All Bedrooms Up, Primary Bathroom, Primary Bedroom, Primary Suite
  • Spa Features: Private, Association
  • Window Features: Drapes, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Courtyard, Park/Greenbelt
  • Patio And Porch Features: Concrete, Rear Porch
  • Pool Features: Private, Association
  • Pool Private: Yes
  • Roof: Flat, Membrane
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Tennis Court(s), Paddle Tennis, Sport Court
  • Association Fee: 545.00
  • Association Fee Frequency: Monthly
  • Association Name: Ridgegate
  • Phone: 3105431995
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Horizon

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, 21-25 Units/Acre
  • Lot Size Sq Ft: 309776.00
  • Lot Size Acres: 7.1115
  • Latitude Manual: 33.77720500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 309776.0000 Square Feet
  • Number Of Units In Community: 352
  • Number Of Units Total: 352

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 1
  • Tax Tract Number: 29594
  • TaxOtherAnnualAssessmentAmount: 855.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 11, 2024
Sold by
Davis Lisa L
Bought by
Vu Thuy and Tong Tram
Seller's Agent
Christopher Phipps
Fleur De Lis Properties, Inc.
Buyer's Agent
Michelle Zabukovec
Redfin Corporation
List Price
$849,900
Sold Price
$870,000
Premium/Discount to List
$20,100
2.36%
Views
41
Current Estimated Value
$874,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,404
Avg. Annual Appreciation
0.31%
Original Mortgage
$469,800
Outstanding Balance
$465,019
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$407,837

Purchase Details

Closed on
Dec 27, 2002
Sold by
Borgen Holly E
Bought by
Davis Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.25%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Tuer Walter J
Bought by
Borgen Holly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Vu Thuy $870,000 Corinthian Title Company
Davis Lisa L $350,000 First American Title Co
Borgen Holly E $187,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Thuy $469,800
Previous Owner Davis Lisa L $445,000
Previous Owner Davis Lisa L $90,000
Previous Owner Davis Lisa L $379,000
Previous Owner Davis Lisa L $381,000
Previous Owner Davis Lisa L $16,700
Previous Owner Davis Lisa L $419,040
Previous Owner Davis Lisa L $416,869
Previous Owner Davis Lisa L $60,000
Previous Owner Davis Lisa L $45,000
Previous Owner Davis Lisa L $359,650
Previous Owner Davis Lisa L $280,000
Previous Owner Borgen Holly E $36,000
Previous Owner Borgen Holly E $176,587
Previous Owner Borgen Holly E $177,650
Closed Davis Lisa L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $870,000 +2.4% $803 / Sq Ft
07/02/2024 07/02/24 For Sale $849,900 -2.3% $785 / Sq Ft
06/29/2024 06/29/24 Off Market $870,000 -- --
06/28/2024 06/28/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $849,900 -5.6% $785 / Sq Ft
06/05/2024 06/05/24 For Sale $899,900 -- $831 / 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 $6,167 $870,000 $626,400 $243,600
2024 $6,167 $496,955 $326,149 $170,806
2023 $6,078 $487,211 $319,754 $167,457
2022 $5,780 $477,659 $313,485 $164,174
2021 $5,787 $468,294 $307,339 $160,955
2019 $5,538 $454,406 $298,224 $156,182
2018 $5,470 $445,497 $292,377 $153,120
2016 $5,206 $428,200 $281,025 $147,175
2015 $5,210 $421,769 $276,804 $144,965
2014 $5,146 $413,508 $271,382 $142,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24113914

California Regional Multiple Listing Service (CRMLS)

APN: 7587-003-062