NOT LISTED FOR SALE

28176 Ridgecove Ct S Unit 9 Rancho Palos Verdes, CA 90275

Estimated Value: $1,010,026 - $1,368,000

3 Beds
2.5 Baths
1,566 Sq Ft
$725/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $632,000 $404 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,995/month

18 Days on Market

Highlights

  • Private Pool
  • 9.64 Acre Lot
  • Eat-In Kitchen
  • Montemalaga Elementary School Rated A+
  • Contemporary Architecture
  • Built-In Features

About This Home

As of June 2014

Country Club living in this large 3 bedroom townhome in Rancho Palos Verdes. 1,566 square feet of spacious living without having to worry about yard work. The first floor has beautiful, light hard wood floors. Private patio with enclosed 2 car garage. Access to swimming pool and tennis court. Gated community.

Please remove your shoes or wear booties.

Last Agent to Sell the Property

Marilyn Cohn

Estate Properties License #00781213 Listed on: 04/22/2014

Estate Properties

Last Buyer's Agent

Catherine Chen

Peninsula Realty, Inc. License #01850791

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,049

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Planned Development
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29595
  • Assessor Parcel Number 7587006012

Community Details

Overview

  • 56 Units

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,049

Year Built

Built in 1974

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerator, washer/dryer without warranties
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7587006012
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1566.00
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 403.58
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Direction Faces: West
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 289.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 419823.00
  • Lot Size Acres: 9.6380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 419823.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 56

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 29595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 4, 2014
Sold by
Otsuka Akira and Otsuka Yoko
Bought by
Chao Christopher and Liu Franie
Seller's Agent
Marilyn Cohn
Estate Properties
Buyer's Agent
Catherine Chen
Peninsula Realty, Inc.
List Price
$619,000
Sold Price
$632,000
Premium/Discount to List
$13,000
2.1%
Current Estimated Value
$1,135,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,007
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Feb 26, 1996
Sold by
Naraghi Mehrdad and Naraghi Shelley Ann
Bought by
Otsuka Akira and Otsuka Yoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
7%
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
Chao Christopher $632,000 Progressive
Otsuka Akira $231,500 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otsuka Akira $185,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $632,000 +2.1% $404 / Sq Ft
04/22/2014 04/22/14 For Sale $619,000 -- $395 / 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 $9,049 $774,733 $508,850 $265,883
2024 $9,049 $759,543 $498,873 $260,670
2023 $8,921 $744,651 $489,092 $255,559
2022 $8,476 $730,051 $479,502 $250,549
2021 $8,477 $715,737 $470,100 $245,637
2019 $8,108 $694,509 $456,157 $238,352
2018 $8,033 $680,892 $447,213 $233,679
2016 $7,639 $654,455 $429,849 $224,606
2015 $7,605 $644,626 $423,393 $221,233
2014 $4,090 $313,713 $143,508 $170,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14081847

California Regional Multiple Listing Service (CRMLS)

APN: 7587-006-012