NOT LISTED FOR SALE

Palos Verdes 28121 Highridge Rd Unit 404 Rolling Hills Estates, CA 90275

Estimated Value: $646,000 - $760,000

2 Beds
2 Baths
1,155 Sq Ft
$390/mo HOA Fee

Last Sold August 17, 2022

Last sale price $599,900 $519 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,676/month

4 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Property is near a park
  • Montemalaga Elementary School Rated A+
  • 0.99 Acre Lot
  • Main Floor Bedroom

About This Home

As of August 2022

Gorgeous penthouse end unit in Palos Verdes. This 2 bedroom, 2 bath unit has an open and spacious floorplan and being on the top floor, it has a really nice, open feeling with lots of natural light. The kitchen opens to the living room with a cozy fireplace and wet bar. The dining area has a mirrored wall and a sliding door to a balcony overlooking a lovely open green area. The unit has been upgraded with renovated bathrooms, newer carpet, paint, blinds, microwave and numerous fixtures. Other features include smooth ceilings, tile floors, upgraded countertops and a large single-basin sink in the kitchen. There is ample storage with a double closet in the entry, a hall linen closet, 2 closets in the master bathroom and extra storage in the garage. The community offers a nice pool and gathering room on the 2nd floor, plus secured entry and a gated garage. There are 2 tandem parking spots for this unit. There are no steps when entering from the garage and the laundry room is on the same level as the unit. This beautiful unit is centrally located near the top of Palos Verdes with all its restaurants, parks, shopping, schools and conveniences.

Last Agent to Sell the Property

Rick Wilkinson

Redfin Corporation License #01427456 Listed on: 07/15/2022

Redfin Corporation

Last Buyer's Agent

Vanessa Renteria

eXp Realty of Greater Los Angeles License #01981966

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,449

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,155 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Property is near a park
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31493
  • Assessor Parcel Number 7587007083

Community Details

Overview

  • Master Insurance
  • 41 Units
  • Pv Penthouse HOA, Phone Number (310) 803-8193
  • Classic Property Mgmt HOA
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,449

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Zoning: RPRM2000*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587007083
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1155.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 519.39
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower In Tub, Upgraded
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 389.73
  • Association Fee Frequency: Monthly
  • Association Name: PV Penthouse HOA
  • Phone: 310-803-8193
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Classic Property Mgmt

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • 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: 41
  • 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
Jul 15, 2022
Closed on
Jul 21, 2022
Sold by
Redfinnow Borrower Llc
Bought by
Lu Josephine S and Lynch Thomas Joseph
Seller's Agent
Rick Wilkinson
Redfin Corporation
Buyer's Agent
Vanessa Renteria
eXp Realty of Greater Los Angeles
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$696,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,804
Avg. Annual Appreciation
4.79%
Original Mortgage
$359,940
Outstanding Balance
$343,057
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$353,647

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 14, 2020
Sold by
Chiu Janet Chen Yuan and The Chiu Family Trust
Bought by
Welch Kendrick
Seller's Agent
Claire Colvin
Coldwell Banker Residential Br
Buyer's Agent
Michael Weber
Keller Williams South Bay
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$400,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2015
Sold by
Chiu Kuang Yi and Chiu Janet Chen Yuan
Bought by
Chiu Family Trust

Purchase Details

Closed on
Jun 5, 2008
Sold by
Galante Anthony and Galante Dawn
Bought by
Galante Anthony and Galante Dawn C

Purchase Details

Closed on
Oct 4, 2006
Sold by
Mabry Kathy Lynn
Bought by
Chiu Kuang and Chiu Janet

Purchase Details

Closed on
Apr 9, 2003
Sold by
Ghaffarkhan Shahyar
Bought by
Mabry Kathy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
5.37%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Chehrazi Darren
Bought by
Ghaffarkhan Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.6%

Purchase Details

Closed on
Jul 8, 2002
Sold by
Moghadam Reza M and Seyrafi Minoo
Bought by
Ghaffarkhan Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.6%

Purchase Details

Closed on
Oct 13, 1998
Sold by
Moghadam Reza M and Seyrafi Minoo
Bought by
Moghadam Reza M and Seyrafi Minoo
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
Lu Josephine S $600,000 Ticor Title
Welch Kendrick $500,000 Chicago Title
Chiu Family Trust -- None Available
Galante Anthony -- None Available
Chiu Kuang $441,500 Southland Title
Mabry Kathy Lynn $313,000 Investors Title Company
Ghaffarkhan Shahla -- --
Ghaffarkhan Shahla $252,500 Commonwealth Land Title Co
Moghadam Reza M -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Josephine S $359,940
Previous Owner Welch Kendrick $400,000
Previous Owner Mabry Kathy Lynn $250,400
Previous Owner Ghaffarkhan Shahla $202,000
Closed Mabry Kathy Lynn $46,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $599,900 0.0% $519 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $599,900 +20.0% $519 / Sq Ft
05/19/2020 05/19/20 Sold $500,000 +0.2% $433 / Sq Ft View Prior Sale
04/14/2020 04/14/20 For Sale $499,000 -- $432 / 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 $7,449 $624,135 $381,514 $242,621
2024 $7,449 $611,898 $374,034 $237,864
2023 $7,344 $599,900 $366,700 $233,200
2022 $6,213 $515,282 $324,319 $190,963
2021 $6,220 $505,179 $317,960 $187,219
2020 $6,567 $540,856 $368,740 $172,116
2019 $6,375 $530,252 $361,510 $168,742
2018 $6,339 $519,856 $354,422 $165,434
2016 $6,022 $499,671 $340,660 $159,011
2015 $5,977 $492,166 $335,543 $156,623
2014 $5,900 $482,526 $328,971 $153,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22156091

California Regional Multiple Listing Service (CRMLS)

APN: 7587-007-083