NOT LISTED FOR SALE

28702 Lomo Dr Rancho Palos Verdes, CA 90275

Estimated Value: $1,699,000 - $1,927,000

3 Beds
2 Baths
1,899 Sq Ft
$953/Sq Ft Est. Value

Last Sold April 22, 2018

Last sale price $1,175,000 $619 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,129/month

259 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • No HOA
  • Vista Grande Elementary Rated A+
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of April 2018

CUSTOM 3 BEDROOM 2 BATH HOME, GREAT CURB APPEAL, DYNAMITE LOCATION. THIS HOME WAS EXTENSIVELY REMODELED AND HAS A FANTASTIC FLOOR PLAN, CUSTOM WINDOWS AND DOORS, HARDWOOD FLOORS , STONE WORK , PERFECT FAMILY KITCHEN,ALARM SYSTEM,AIR CONDITIONED,PROFESSIONALLY LANDSCAPED FRONT AND BACK PERFECT FOR KIDS WITH LOTS OF STORAGE TOO.

Last Agent to Sell the Property

Chris Fitzpatrick

Pacific Land Corporation License #01232826 Listed on: 05/22/2017

Last Buyer's Agent

Mindy Fang

Estate Properties License #01436380

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,389

Year Built

  • Built in 1965

Lot Details

  • 7,285 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,899 Sq Ft Home
  • Family Room with Fireplace
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Bathtub

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 27134
  • Assessor Parcel Number 7584007008

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,389

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: No
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7584007008
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1899.00 Square Feet
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 618.75
  • Room Type: Family Room
  • Bathroom Features: Bathtub, Granite Counters, Stone Counters
  • Room Kitchen Features: Built-In Trash/Recycling

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7285.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 27134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Apr 12, 2018
Sold by
Lannitti Dominic A
Bought by
Paja Isaias D and Lopez Paja Kathy
Seller's Agent
Chris Fitzpatrick
Pacific Land Corporation
Buyer's Agent
Mindy Fang
Estate Properties
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Current Estimated Value
$1,810,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,672
Avg. Annual Appreciation
5.67%
Original Mortgage
$940,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2004
Sold by
Reveche Edwin H and Reveche Ann Marie
Bought by
Iannitti Dominic A and The Dominic Iannitti Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.81%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 16, 1999
Sold by
Reveche Edwin H and Reveche Ann Marie
Bought by
Reveche Edwin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.79%

Purchase Details

Closed on
May 19, 1996
Sold by
Sarmini Ghassan M
Bought by
Reveche Edwin H and Reveche Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paja Isaias D $1,175,000 North American Title Company
Iannitti Dominic A $775,000 Stewart Title Of California
Reveche Edwin H -- Orange Coast Title
Reveche Edwin H $355,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paja Isaias D $920,000
Closed Paja Isaias D $940,000
Previous Owner Iannitti Dominic A $525,000
Previous Owner Reveche Edwin H $50,000
Previous Owner Reveche Edwin H $437,000
Previous Owner Reveche Edwin H $55,000
Previous Owner Reveche Edwin H $350,000
Previous Owner Reveche Edwin H $337,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2018 04/22/18 Sold $1,175,000 -2.1% $619 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/27/2018 01/27/18 Price Changed $1,199,999 0.0% $632 / Sq Ft
01/24/2018 01/24/18 Price Changed $1,200,000 +900.0% $632 / Sq Ft
01/24/2018 01/24/18 Price Changed $120,000 -90.2% $63 / Sq Ft
11/03/2017 11/03/17 Price Changed $1,224,000 -2.0% $645 / Sq Ft
06/06/2017 06/06/17 Price Changed $1,249,000 -3.6% $658 / Sq Ft
05/22/2017 05/22/17 For Sale $1,295,000 -- $682 / 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 $15,389 $1,336,944 $1,069,557 $267,387
2024 $15,389 $1,310,731 $1,048,586 $262,145
2023 $15,076 $1,285,031 $1,028,026 $257,005
2022 $14,316 $1,259,835 $1,007,869 $251,966
2021 $14,264 $1,235,133 $988,107 $247,026
2019 $13,640 $1,198,500 $958,800 $239,700
2018 $11,087 $949,416 $759,535 $189,881
2016 $10,534 $912,551 $730,043 $182,508
2015 $10,427 $898,845 $719,078 $179,767
2014 $10,283 $881,239 $704,993 $176,246
Source: Public Records

Agents Affiliated with this Home

  • Chris Fitzpatrick

    Seller's Agent in 2018

    Chris Fitzpatrick

    Pacific Land Corporation

    (310) 519-0155

    30 Total Sales

    Chris Fitzpatrick
    Section Image
  • Mindy Fang

    Buyer's Agent in 2018

    Mindy Fang

    RE/MAX

    (310) 985-9871

    2 in this area

    44 Total Sales

    Mindy Fang
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17114026

California Regional Multiple Listing Service (CRMLS)

APN: 7584-007-008

California Los Angeles County Rancho Palos Verdes 90275

28702 Lomo Dr, Rancho Palos Verdes, CA

This home is located at 28702 Lomo Dr, Rancho Palos Verdes, CA 90275 since 22 May 2017 and is currently estimated at $1,810,672, approximately $953 per square foot. This property was built in 1965. 28702 Lomo Dr is a home located in Los Angeles County with nearby schools including Vista Grande Elementary, Ridgecrest 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

Nearby Homes