$1,605,000
SOLD MAR 16, 2023

29 Rockinghorse Rd Rancho Palos Verdes, CA 90275

3 Beds
2 Baths
1,906 Sq Ft
0.59 Acres

Recently Sold

$842 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Coastline Views
  • Private Pool
  • Main Floor Primary Bedroom
  • Dapplegray Elementary School Rated A+
  • 0.59 Acre Lot
  • Granite Countertops

About This Home

As of March 2023

This gated view home sits on over a half acre . With a park like setting enjoy the privacy you feel as you enter . Watch spectacular sunrises over a cup of coffee . Let the kids play in the yard or swim in the pool while enjoying the views . This 3 bedroom 2 bath home has views from the living room , family room and two of the bedrooms . Great floor plan with the bedrooms on one side of the house and the family room on the other . Remodeled kitchen include quarts counter tops with Viking appliances , and a subzero refrigerator. The laundry room is conveniently located between the kitchen and the bedrooms with direct access to the fenced backyard . The new flooring throughout is highlighted by the two fireplaces . This property is part of the award winning Palos Verdes School District . Although this property is on the peninsula it is still a relatively easy access to shopping and the freeway .
It’s also only 5 minutes away from the new UCLA Campus on the peninsula . This won’t last !

Last Agent to Sell the Property

Mike Baker

Estate Properties License #00934330 Listed on: 02/14/2023

Estate Properties

Last Buyer's Agent

Mike Baker

Estate Properties License #00934330 Listed on: 02/14/2023

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,809

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 0.59 Acre Lot
  • Lot Sloped Down
  • Back and Front Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway Down Slope From Street
  • Automatic Gate

Property Views

  • Coastline
  • Harbor
  • City Lights

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,906 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Patio
  • Rain Gutters
  • Front Porch

Schools

  • Mira Catalina Elementary School
  • Miraleste Middle School
  • Palos Verdes High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6707
  • Assessor Parcel Number 7556012002

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,809

Year Built

Built in 1953 | Remodeled

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7556012002
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1906.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 842.08
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Coastline, Harbor
  • Patio And Porch Features: Brick, Front Porch
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Mira Catalina
  • Middle School: Miraleste
  • High School: Palos Verdes
  • Elementary School: Mira Catalina
  • High School: Palos Verdes
  • Middle Or Junior School: Miraleste
  • Elementary School #2: MIRCAT
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sloped Down, Front Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 25911.00
  • Lot Size Acres: 0.5948

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25911.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 6707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Feb 27, 2023
Sold by
City View Residence Trust
Bought by
Chen Guanglai
Seller's Agent
Mike Baker
Estate Properties
Buyer's Agent
Mike Baker
Estate Properties
List Price
$1,649,000
Sold Price
$1,605,000
Premium/Discount to List
-$44,000
-2.67%
Views
90
Current Estimated Value
$1,756,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,149
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Ling and Xinmei
Bought by
Ling Penghui and Cui Xinmei

Purchase Details

Closed on
Jan 5, 2022
Sold by
Omidvar-Kashani Family Trust
Bought by
Ling Penghui and Cui Xinmei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2011
Sold by
Omidvar Omid and Kashani Sheida
Bought by
Omidvar Omid and Kashani Sheida

Purchase Details

Closed on
Feb 3, 2004
Sold by
Rasmussen Rammy Q and Rasmussen Mary Noelle
Bought by
Omidvar Omid and Kashani Sheida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,800
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2001
Sold by
Croll John and Croll Gladys L
Bought by
Rasmussen Rammy Q and Rasmussen Mary Noelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 10, 2001
Sold by
Croll John and Croll Gladys L
Bought by
Croll John and Croll Gladys L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,250
Interest Rate
7.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 2, 2001
Sold by
Croll John and Croll Gladys L
Bought by
Croll John and Croll Gladys L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,250
Interest Rate
7.09%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,605,000 Lawyers Title Company
Quit Claim Deed -- Fong Law Group Inc
Grant Deed $1,640,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Grant Deed $981,000 Chicago Title
Grant Deed $630,000 Lawyers Title
Interfamily Deed Transfer -- Investors Title
Interfamily Deed Transfer -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,312,000 New Conventional
Previous Owner $624,000 New Conventional
Previous Owner $729,750 New Conventional
Previous Owner $784,800 Purchase Money Mortgage
Previous Owner $480,000 Unknown
Previous Owner $494,800 Unknown
Previous Owner $500,000 No Value Available
Previous Owner $321,250 Stand Alone First
Closed $67,000 No Value Available
Closed $98,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $1,605,000 -2.7% $842 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $1,649,000 +0.5% $865 / Sq Ft
04/01/2022 04/01/22 Sold $1,640,000 -0.6% $860 / Sq Ft
02/26/2022 02/26/22 For Sale $1,650,000 0.0% $866 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/17/2021 12/17/21 Price Changed $1,650,000 -2.9% $866 / Sq Ft
10/14/2021 10/14/21 For Sale $1,698,800 0.0% $891 / Sq Ft
08/10/2016 08/10/16 Rented $4,390 0.0% --
06/29/2016 06/29/16 For Rent $4,390 -- --
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
2024 $18,809 $1,637,100 $1,309,680 $327,420
2023 $18,958 $1,640,000 $1,312,000 $328,000
2022 $14,864 $1,314,319 $1,051,460 $262,859
2021 $14,816 $1,288,549 $1,030,844 $257,705
2019 $14,216 $1,250,331 $1,000,269 $250,062
2018 $13,875 $1,225,815 $980,656 $245,159
2016 $13,114 $1,178,217 $942,577 $235,640
2015 $12,377 $1,086,000 $868,600 $217,400
2014 $10,932 $945,000 $755,800 $189,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23025684

California Regional Multiple Listing Service (CRMLS)

APN: 7556-012-002