NOT LISTED FOR SALE

Palos Verdes 28121 Highridge Rd Unit 305 Rolling Hills Estates, CA 90275

Estimated Value: $483,000 - $553,000

1 Bed
1 Bath
758 Sq Ft
$290/mo HOA Fee

Last Sold December 24, 2020

Last sale price $380,000 $501 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,471/month

18 Days on Market

Highlights

  • Automatic Gate
  • Gated Community
  • Main Floor Bedroom
  • Montemalaga Elementary School Rated A+
  • 0.99 Acre Lot
  • Pool View

About This Home

As of December 2020

Welcome to this one bedroom one bath unit that feels oh so spacious thanks to all the natural light that pours in to the home. As soon as you open the door you are greeted by the view of your balcony perfect for relaxing and just hanging out or entertaining a few friends. Your living room, bathed in natural light also offers you a gas fireplace & built-ins on either side of the opening. An open dining space and kitchen are just on the other side your entry. The kitchen has tons of cabinet space & pantry space. The spacious bedroom boasts a walk-in closet, additional closet space and access to your balcony. The PV Penthouse secure community offers you elevator access, a laundry room on each floor & a heated swimming pool and rec room. Come enjoy the lifestyle conveniently located near the Peninsula Shopping Center, restaurants, resorts, golfing, hiking, horseback riding, parks and so much more! Don’t miss the opportunity to call Highridge #305 your new home.

Last Agent to Sell the Property

Leslie Gomez

Keller Williams Realty License #01827904 Listed on: 11/06/2020

Keller Williams Realty

Last Buyer's Agent

Anne Shilon

Bay Shore Realty Brokers, Inc License #01821914

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,167

Year Built

  • Built in 1974

Lot Details

  • 0.99

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Parking Lot

Interior Spaces

  • 758 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room Balcony
  • Pool Views
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31493
  • Assessor Parcel Number 7587007070

Community Details

Overview

  • 53 Units
  • Palos Verdes Penthouse Home Owners Association, Phone Number (310) 999-5134
  • Classic Property Management HOA
  • Maintained Community

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pet Restriction
  • Pet Size Limit

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,167

Year Built

Built in 1974

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: RPRM2000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587007070
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 758.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony, Pantry
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 501.32
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Pool
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Gated, Parking Space, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range, Microwave
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Recreation Room, Gas, Maintenance Grounds, Trash, Water, Pet Rules, Weight Limit, Call for Rules
  • Association Fee: 290.19
  • Association Fee Frequency: Monthly
  • Association Name: Palos Verdes Penthouse home owners association
  • Phone: 310-999-5134
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Association Management: Classic Property Management

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 43075.00
  • Lot Size Acres: 0.9889

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43075.0000 Square Feet
  • Number Of Units In Community: 53
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 1
  • Tax Tract Number: 31493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 2, 2020
Sold by
Orr Robert Bridges and Lamb Susan O
Bought by
Licata Christopher K
Seller's Agent
Leslie Gomez
Keller Williams Realty
Buyer's Agent
Anne Shilon
Bay Shore Realty Brokers, Inc
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Total Days on Market
18
Current Estimated Value
$518,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,284
Avg. Annual Appreciation
7.21%
Original Mortgage
$342,000
Outstanding Balance
$308,468
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$209,816

Purchase Details

Closed on
Sep 12, 2019
Sold by
Orr Mary Joan and Orr Family Trust
Bought by
Orr Mary Joan and Orr Family Trust

Purchase Details

Closed on
Jan 14, 2003
Sold by
Orr Mary Joan and Orr Family Trust
Bought by
Orr Mary Joan and John H Orr Iii Credit Shelter
Source: Public Records

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Range of Values:

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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
Licata Christopher K $380,000 Fidelity National Title
Orr Mary Joan -- None Available
Orr Mary Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Licata Christopher K $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $380,000 -2.5% $501 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $389,900 0.0% $514 / Sq Ft
10/01/2016 10/01/16 Rented $1,525 0.0% --
08/28/2016 08/28/16 Off Market $1,525 -- --
08/16/2016 08/16/16 For Rent $1,525 +1.7% --
07/07/2015 07/07/15 Rented $1,500 -1.6% --
07/07/2015 07/07/15 For Rent $1,525 +5.2% --
03/28/2013 03/28/13 Rented $1,450 -6.5% --
03/28/2013 03/28/13 Under Contract -- -- --
02/05/2013 02/05/13 For Rent $1,550 -- --
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
2024 $5,167 $403,257 $259,782 $143,475
2023 $5,092 $395,351 $254,689 $140,662
2022 $4,844 $387,600 $249,696 $137,904
2021 $4,856 $380,000 $244,800 $135,200
2020 $1,473 $65,876 $27,665 $38,211
2019 $1,442 $64,585 $27,123 $37,462
2018 $1,415 $63,320 $26,592 $36,728
2016 $1,342 $60,862 $25,560 $35,302
2015 $1,342 $59,949 $25,177 $34,772
2014 $1,337 $58,775 $24,684 $34,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20233898

California Regional Multiple Listing Service (CRMLS)

APN: 7587-007-070