NOT LISTED FOR SALE

28029 Palos Verdes Dr E Rancho Palos Verdes, CA 90275

Estimated Value: $1,900,000 - $2,398,000

3 Beds
4 Baths
2,544 Sq Ft
$846/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $2,225,000 $875 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,308/month

6 Days on Market

Highlights

  • Parking available for a boat
  • Harbor Views
  • Updated Kitchen
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • 0.97 Acre Lot

About This Home

As of December 2021

Rare opportunity to purchase a magnificent single-level VIEW home on a 24,000+ sq ft lot and a separate adjacent 18700+ sq ft VIEW lot in prestigious Rancho Palos Verdes. Both the house and land have individual APN's. This sophisticated single-story ranch-style home has been fully renovated and offers stunning panoramic city and harbor views which are highlighted by the beautiful folding accordion doors allowing ample natural light to spill through the home. Enjoy the expansive formal living room, family room, and sleek dining room which are accentuated by vaulted ceilings, hardwood floors, two fireplaces, and almost wall-to-wall windows that brighten the entire space. The chef's kitchen, which includes magnificent leathered granite countertops as well as top-of-the-line Viking and Sub Zero appliances, will impress even the most discerning cook. The luxurious master bedroom offers a gorgeous walk-in shower with a separate tub, two vanities and beautiful french doors that lead directly to the front yard so you can enjoy the gorgeous views. The large flat front and backyards are a blank slate waiting for a new owner to create their own private paradise! Two car direct access garage with a separate laundry room round out this wonderful home and opportunity to reside in one of the best peninsula neighborhoods. Check out the property website: https://28029palosverdes.com/

Make this house and land a unique compound of your own with tremendous upside and flexibility to possibly build an accessory dwelling unit, recreational facility, Car collector Garage, or even a second home. Moments from local schools & all the best that Palos Verdes has to offer

Last Agent to Sell the Property

Michael Majid

Vista Sotheby's International Realty License #01123908 Listed on: 10/04/2021

Vista Sotheby's International Realty

Co-Listed By

Adela Randazzo

Keller Williams Realty License #01954846

Last Buyer's Agent

Sergio Scerra

Keller Williams Realty License #01969977

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,952

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.97 Acre Lot
  • Chain Link Fence
  • Irregular Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • 7568028009
  • Value in Land

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Circular Driveway
  • Up Slope from Street
  • Driveway Up Slope From Street
  • Parking available for a boat

Property Views

  • Harbor
  • Panoramic
  • Bridge
  • City Lights
  • Mountain

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,544 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Open Patio
  • Shed
  • Front Porch

Location

  • Suburban Location

Schools

  • Dapplegr Elementary School
  • Miraleste Middle School
  • Patriot High School

Utilities

  • Wall Furnace
  • Standard Electricity
  • Water Heater
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9-10
  • Assessor Parcel Number 7568028010

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,952

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Chandelier in Dining room & master bedroom
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7568028010
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2544.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 874.61
  • Room Type: Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Quartz Counters, Remodeled, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Bridge(s), City Lights, Harbor, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Brick, Concrete, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Boat, Circular Driveway, Direct Garage Access, Paved, Driveway Up Slope From Street, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Gas Range, Microwave, Refrigerator, Warming Drawer, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Dapplegr
  • Middle School: Miraleste
  • High School: Patriot
  • Elementary School: Dapplegr
  • High School: Patriot
  • Middle Or Junior School: Miraleste
  • Elementary School #2: DAPPLE2
  • High School2: PATRIO

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7568028009
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Lot Over 40000 Sqft, Irregular Lot, Up Slope from Street, Value In Land, Yard
  • Lot Size Sq Ft: 42184.00
  • Lot Size Acres: 0.9684

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42184.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 9-10
  • Tax Tract: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 26, 2021
Sold by
Correa Eduardo and Correa Hilda
Bought by
Scerra Sergio
Seller's Agent
Michael Majid
Vista Sotheby's International Realty
Buyer's Agent
Sergio Scerra
Keller Williams Realty
List Price
$1,895,000
Sold Price
$2,225,000
Premium/Discount to List
$330,000
17.41%
Current Estimated Value
$2,152,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,293
Avg. Annual Appreciation
-1.16%
Original Mortgage
$2,000,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2016
Closed on
Mar 16, 2017
Sold by
Correa Eduardo
Bought by
Correa Eduardo and Correa Hilda
Seller's Agent
Sal Sorrentino
Keller Williams Realty
Buyer's Agent
Safina Masoodi
West Shores Realty, Inc.
List Price
$1,650,000
Sold Price
$1,150,000
Premium/Discount to List
-$500,000
-30.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$862,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2016
Closed on
Feb 9, 2017
Sold by
Moore Robert Kenneth and The Moore Family Trust Of 2006
Bought by
Correa Eduardo
Seller's Agent
Sal Sorrentino
Keller Williams Realty
Buyer's Agent
Safina Masoodi
West Shores Realty, Inc.
List Price
$1,650,000
Sold Price
$1,150,000
Premium/Discount to List
-$500,000
-30.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Moore Ana
Bought by
Moore Ana and Moore Forrest
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
Scerra Sergio $2,225,000 Provident Title Company
Correa Eduardo -- Fidelity National Title Co
Correa Eduardo -- Fidelity National Title Co
Correa Eduardo $850,000 Fidelity National Title Co
Moore Ana -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scerra Sergio $2,000,000
Previous Owner Correa Eduardo $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $2,225,000 +11.3% $875 / Sq Ft
11/04/2021 11/04/21 Price Changed $2,000,000 +5.5% $786 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,895,000 +64.8% $745 / Sq Ft
03/17/2017 03/17/17 Sold $1,150,000 -14.5% $452 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
09/27/2016 09/27/16 Price Changed $1,345,000 -18.5% $529 / Sq Ft
08/06/2016 08/06/16 For Sale $1,650,000 -- $649 / 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 $18,952 $1,665,034 $1,107,900 $557,134
2024 $18,952 $1,632,387 $1,086,177 $546,210
2023 $18,591 $1,600,380 $1,064,880 $535,500
2022 $17,650 $1,569,000 $1,044,000 $525,000
2021 $10,800 $911,370 $536,101 $375,269
2019 $10,329 $884,340 $520,200 $364,140
2018 $10,150 $867,000 $510,000 $357,000
2016 $2,532 $165,251 $79,094 $86,157
2015 $2,684 $162,769 $77,906 $84,863
2014 $2,670 $159,581 $76,380 $83,201
Source: Public Records

Agents Affiliated with this Home

  • Michael Majid

    Seller's Agent in 2021

    Michael Majid

    Vista Sotheby's International Realty

    (310) 592-1243

    8 in this area

    44 Total Sales

    Michael Majid
    Section Image
  • Adela Randazzo

    Seller Co-Listing Agent in 2021

    Adela Randazzo

    Keller Williams Realty

    (310) 480-7359

    8 in this area

    99 Total Sales

    Adela Randazzo
    Section Image

  • S

    Buyer's Agent in 2021

    Sergio Scerra

    Keller Williams Realty

    (310) 977-8495

    5 in this area

    76 Total Sales

    Sergio Scerra
    Section Image

  • S

    Seller's Agent in 2017

    Sal Sorrentino

    Keller Williams Realty

    (310) 753-9781

    49 Total Sales

    Sal Sorrentino
    Section Image
  • Safina Masoodi

    Buyer's Agent in 2017

    Safina Masoodi

    West Shores Realty, Inc.

    (310) 433-4199

    1 in this area

    6 Total Sales

    Safina Masoodi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21215344

California Regional Multiple Listing Service (CRMLS)

APN: 7568-028-010

California Los Angeles County Rancho Palos Verdes 90275

28029 Palos Verdes Dr E, Rancho Palos Verdes, CA

This home is located at 28029 Palos Verdes Dr E, Rancho Palos Verdes, CA 90275 since 04 October 2021 and is currently estimated at $2,152,707, approximately $846 per square foot. This property was built in 1950. 28029 Palos Verdes Dr E is a home located in Los Angeles County with nearby schools including Dapplegray Elementary School, Miraleste Intermediate, and Palos Verdes Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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