NOT LISTED FOR SALE

28969 Palos Verdes Dr E Rancho Palos Verdes, CA 90275

Estimated Value: $2,442,000 - $3,241,000

6 Beds
4 Baths
4,456 Sq Ft
$628/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $1,150,000 $258 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $16,228/month

5 Days on Market

Highlights

  • Spa
  • Harbor Views
  • Custom Home
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of September 2013

BEST DEAL ON PENINSULA! Don't let the address fool you, located off a private road w/NO traffic noise whatsoever! Light & airy open floor plan is great for entertaining. Quiet & secluded neighborhood, this 6 Bd, 4 Ba home has 4456 Sq.ft. Brick front porch leads you to beautiful front door w/side etched glass panels & opens up to formal entryway w/hardwood floors. Living rm w/faux fireplace & recessed lighting. Separate formal dining rm, kitchen (remodeled in 1999) has hardwood floors, granite counters, center island, thermador 5 burner range & convection oven which opens out to family rm w/hardwood floors & gas fireplace, smooth ceilings & recessed lighting. To the left of the entry way are 5 bedrooms w/large Master suite w/bay window, fireplace & large walk in closet. The 6th bedroom is on the other end of home, which is ideal for maid quarters or visiting guests, laundry room w/sink. Then down a few steps-lower split level-large great room w/fireplace & wet bar & another bonus room w/cathedral ceiling, skylight & jacuzzi to take in the city light view. Central heating & air & 3 car garage. All located on flat 1/2+ acre w/room for a pool (Buyer to verify) & fabulous outdoor entertainment area to utilize the view. Close to schools/shopping/freeway.

Last Agent to Sell the Property

Shari Bakotich

Estate Properties License #01086221 Listed on: 06/12/2013

Estate Properties

Last Buyer's Agent

Zack Saab

Coldwell Banker Realty License #01762798

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,794

Year Built

  • Built in 1965

Lot Details

  • 0.52 Acre Lot
  • Wrought Iron Fence
  • Partially Fenced Property

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Guest Parking
  • RV Potential

Property Views

  • Harbor
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Split Level Home
  • Clay Roof

Interior Spaces

  • 4,456 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Spa
  • Open Patio
  • Front Porch

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 6707
  • Assessor Parcel Number 7566022022

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,794

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7566022022
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4456.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 258.08
  • Room Type: Entry, Family Room, Great Room, Jack & Jill, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room
  • Spa Features: Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Mountain(s)
  • Fence: Yes
  • Fencing: Partial, Wrought Iron
  • Patio And Porch Features: Patio Open, Front Porch, Patio
  • Pool Private: No
  • Roof: Clay
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Guest, RV Potential, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22598.00
  • Lot Size Acres: 0.5190

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22598.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 6707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Sep 12, 2013
Sold by
Beshay Manal
Bought by
Kallah Pierre and Beshay Manal
Seller's Agent
Shari Bakotich
Estate Properties
Buyer's Agent
Zack Saab
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Current Estimated Value
$2,796,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,646,868
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Jun 19, 2013
Sold by
Scherer William R and Scherer Lynn M
Bought by
Beshay Manal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2013
Sold by
Scherer William R and Scherer Lynn M
Bought by
Scherer William R and Scherer Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2000
Sold by
Rubin Lawrence I and Rubin Linda
Bought by
Scherer William R and Scherer Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
8.55%
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
Kallah Pierre -- Accommodation
Beshay Manal -- Fidelity National Title
Beshay Manal $1,150,000 Fidelity National Title
Scherer William R -- None Available
Scherer William R $848,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beshay Manal $800,000
Previous Owner Scherer William R $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $1,150,000 -4.1% $258 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $1,199,000 -- $269 / 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 $16,794 $1,453,529 $935,940 $517,589
2024 $16,794 $1,425,030 $917,589 $507,441
2023 $16,467 $1,397,090 $899,598 $497,492
2022 $15,647 $1,369,697 $881,959 $487,738
2021 $15,577 $1,342,841 $864,666 $478,175
2019 $14,900 $1,303,013 $839,020 $463,993
2018 $14,506 $1,277,465 $822,569 $454,896
2016 $13,360 $1,190,862 $790,629 $400,233
2015 $13,403 $1,172,976 $778,754 $394,222
2014 $13,226 $1,150,000 $763,500 $386,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13123734

California Regional Multiple Listing Service (CRMLS)

APN: 7566-022-022