NOT LISTED FOR SALE

28967 Palos Verdes Dr E Rancho Palos Verdes, CA 90275

Estimated Value: $2,221,000 - $2,470,000

4 Beds
4 Baths
3,350 Sq Ft
$715/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $2,300,000 $687 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,833/month

15 Days on Market

Highlights

  • Stables
  • In Ground Pool
  • Primary Bedroom Suite
  • Dapplegray Elementary School Rated A+
  • Harbor Views
  • 0.93 Acre Lot

About This Home

As of March 2024

Classic California Ranch home on a grand 40,302 SQFT corner lot & it’s equipped for horses. Superb setting perched on the high-side of Palos Verdes Dr E encompassing panoramic southeasterly views towards the San Gabriel Mountain range & harbor. Board up-to 2 horses here; the approx 30’X 30’ barn is equipped w/ tack room. Plenty of space to build an ADU here, additional dwelling unit! Bring your big ideas & renovate this premiere property as you desire. Ample space to park an RV or horse trailer. Location has long history of geological stability. Most of the property is fenced with several gated accesses to backyard and horse barn. Timeless and durable pavers have been installed front & back of home & around the barn. This fixer is a blank canvas for your creative expression; full renovation needed. Enjoy the morning sunrises daily from this ideal setting!

Last Agent to Sell the Property

Maria Skipper

Berkshire Hathaway HomeService Brokerage Email: christinamariaskipper@bhhscal.com License #02005902 Listed on: 01/19/2024

Berkshire Hathaway HomeService

Last Buyer's Agent

Maria Skipper

Berkshire Hathaway HomeService License #02005902

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,628

Year Built

  • Built in 1959

Lot Details

  • 0.93 Acre Lot
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Harbor
  • City Lights
  • Mountain

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Entryway
  • Family Room
  • Living Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 4 Full Bathrooms

Pool

  • In Ground Pool

Horse Facilities and Amenities

  • Corral
  • Stables

Utilities

  • Central Air
  • No Heating
  • Conventional Septic
  • Sewer Holding Tank

Listing and Financial Details

  • Tax Lot 7566-022-004
  • Tax Tract Number 4
  • Assessor Parcel Number 7566022004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,628

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7566022004
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3350.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Masonry
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 686.57
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Two Primaries

Exterior Features

  • Exterior Features: Corral, Stable
  • View: City Lights, Harbor, Mountain(s)
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Holding Tank, Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Biking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size: triangular shaped lot
  • Lot Size Sq Ft: 40302.00
  • Lot Size Acres: 0.9252

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40302.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 7566-022-004
  • Tax Tract Number: 004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Apr 22, 2024
Sold by
Ghazi Nasser
Bought by
Nasser Ghazi Living Trust and Ghazi
Seller's Agent
Maria Skipper
Berkshire Hathaway HomeService
Buyer's Agent
Maria Skipper
Berkshire Hathaway HomeService
List Price
$2,250,000
Sold Price
$2,300,000
Premium/Discount to List
$50,000
2.22%
Views
38
Current Estimated Value
$2,394,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,891
Avg. Annual Appreciation
2.61%
Original Mortgage
$1,700,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 6, 2024
Sold by
Bagley Richard D
Bought by
Ghazi Nasser
Seller's Agent
Maria Skipper
Berkshire Hathaway HomeService
Buyer's Agent
Maria Skipper
Berkshire Hathaway HomeService
List Price
$2,250,000
Sold Price
$2,300,000
Premium/Discount to List
$50,000
2.22%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.64%
Mortgage Type
New Conventional
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
Nasser Ghazi Living Trust -- None Listed On Document
Ghazi Nasser $2,300,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghazi Nasser $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $2,300,000 +2.2% $687 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $2,250,000 -- $672 / 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 $13,628 $2,346,000 $1,389,240 $956,760
2024 $13,628 $1,103,417 $703,718 $399,699
2023 $13,395 $1,081,782 $689,920 $391,862
2022 $12,700 $1,060,572 $676,393 $384,179
2021 $12,638 $1,039,778 $663,131 $376,647
2019 $12,103 $1,008,939 $643,463 $365,476
2018 $11,590 $989,157 $630,847 $358,310
2016 $10,995 $950,749 $606,351 $344,398
2015 $11,147 $936,469 $597,244 $339,225
2014 $11,013 $918,126 $585,545 $332,581
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maria Skipper

    Berkshire Hathaway HomeService

    (858) 459-0501

    1 in this area

    2 Total Sales

    Maria Skipper
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400528

California Regional Multiple Listing Service (CRMLS)

APN: 7566-022-004

California Los Angeles County Rancho Palos Verdes 90275

28967 Palos Verdes Dr E, Rancho Palos Verdes, CA

This home is located at 28967 Palos Verdes Dr E, Rancho Palos Verdes, CA 90275 since 19 January 2024 and is currently estimated at $2,394,891, approximately $714 per square foot. This property was built in 1959. 28967 Palos Verdes Dr E is a home located in Los Angeles County with nearby schools including Dapplegray Elementary School, Miraleste 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

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