$565,000
SOLD DEC 20, 2024

Palos Verdes 28121 Highridge Rd Unit 402 Rolling Hills Estates, CA 90275

2 Beds
2 Baths
1,157 Sq Ft
$535/mo HOA Fee

Recently Sold

$488 Per Sq Ft

43% Above List Price

36 Days on Market

Highlights

  • Community Pool
  • Views
  • Central Heating
  • Montemalaga Elementary School Rated A+
  • Laundry Room

About This Home

As of December 2024

PROBATE AUCTION!!! RARE OPPORTUNITY TO BUY A 2 BEDROOM, 1¾ BATH, TOP FLOOR, FIXER CONDO IN RANCHO PALOS VERDES. ONE OF THE MOST SOUGHT AFTER BEACH COMMUNITIES, THE UNIT FEATURES A LIVING ROOM WITH DINING AREA, KITCHEN AND BALCONY WITH OCEAN VIEWS. GREAT CENTRAL LOCATION. CLOSE TO ROLLING HILLS. NO COURT CONFIRMATION.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. Brokerage Email: l.weiner@flansweiner.com License #00945753 Listed on: 09/16/2024

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1974

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,157 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Heating
  • Septic Type Unknown

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31493
  • Assessor Parcel Number 7587007081

Community Details

Overview

  • 53 Units
  • Palos Verdes Penthouse HOA, Phone Number (310) 972-9999
  • Classic Property Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,631

Year Built

Built in 1974

Lot Details

0

HOA Fees

$535 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587007081
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1157.00 Square Feet
  • Stories: 4
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 488.33
  • Room Type: Living Room

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 534.50
  • Association Fee Frequency: Monthly
  • Association Name: Palos Verdes Penthouse HOA
  • Phone: 310-972-9999
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Classic Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 53
  • Number Of Units Total: 53

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 31493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 25, 2024
Sold by
Schram Thomas Lee and Villanueva Kimberly
Bought by
Suzette D Dagdagan Trust and Dagdagan
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$395,000
Sold Price
$565,000
Premium/Discount to List
$170,000
43.04%
Views
212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.01%

Purchase Details

Closed on
Mar 7, 1997
Sold by
Schram Hobart Alan
Bought by
Schram Thomas Lee
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 Type Sale Price Title Company
Grant Deed $565,000 Usa National Title Company
Grant Deed $565,000 Usa National Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,695 Future Advance Clause Open End Mortgage
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $110,000 Unknown
Previous Owner $75,000 Unknown
Previous Owner $55,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $759,000 -2.1% $656 / Sq Ft
05/28/2025 05/28/25 Price Changed $775,000 -1.3% $670 / Sq Ft
04/15/2025 04/15/25 For Sale $785,000 +38.9% $678 / Sq Ft
12/20/2024 12/20/24 Sold $565,000 +43.0% $488 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $395,000 -- $341 / 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
2024 $3,631 $258,738 $144,202 $114,536
2023 $3,578 $253,666 $141,375 $112,291
2022 $3,411 $248,693 $138,603 $110,090
2021 $3,421 $243,818 $135,886 $107,932
2019 $3,279 $236,588 $131,856 $104,732
2018 $3,248 $231,950 $129,271 $102,679
2016 $3,081 $222,945 $124,252 $98,693
2015 $3,065 $219,597 $122,386 $97,211
2014 $3,033 $215,296 $119,989 $95,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24192142

California Regional Multiple Listing Service (CRMLS)

APN: 7587-007-081