NOT LISTED FOR SALE

Estimated Value: $2,620,059 - $2,971,000

4 Beds
3.5 Baths
3,488 Sq Ft
$792/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,555,000 $446 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $17,091/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling
  • Montemalaga Elementary School Rated A+
  • Property is near a park
  • Private Yard

About This Home

As of August 2013

Gorgeous Turnkey One Story Home In The Desirable Wallace Ranch Community in Rancho Palos Verdes.

Last Agent to Sell the Property

David Kang

Capstone Investment License #01088627 Listed on: 06/10/2013

Co-Listed By

Ailene Staggs

Keller Williams Palos Verdes License #00493763

Last Buyer's Agent

Rodman Amiri

Merit Real Estate License #01760226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,491

Year Built

  • Built in 1990

Lot Details

  • 10,067 Sq Ft Lot
  • Private Yard
  • Lawn

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,488 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Intercom
  • Eat-In Kitchen

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Property is near a park
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585013010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,491

Year Built

Built in 1990

Lot Details

0

HOA Fees

$119 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585013010
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3488.00
  • Interior Amenities: Cathedral Ceiling(s), Intercom, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 445.81
  • Room Type: Den, Family Room, Jack & Jill, Living Room, Master Suite, Walk-In Closet, Separate Family Room

Exterior Features

  • Builder Name: 172
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 119.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lawn, Park Nearby, Yard
  • Lot Size Sq Ft: 10067.00
  • Lot Size Acres: 0.2310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10067.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2014
Sold by
Khajavand Farad and Khajavand Helen Yoo
Bought by
The Khajavand 2014 Revocable Trust
Current Estimated Value
$2,786,253

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 8, 2013
Sold by
Kang Franklin D and Kang Dian A
Bought by
Khajavand Farhad and Khajavand Helen Yoo
Seller's Agent
David Kang
Capstone Investment
Buyer's Agent
Rodman Amiri
Merit Real Estate
List Price
$1,595,000
Sold Price
$1,555,000
Premium/Discount to List
-$40,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$255,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2007
Sold by
Kang Franklin D
Bought by
Kang Franklin D and Kang Dian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Yi Yong B
Bought by
Kang Franklin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2006
Sold by
Kang Dian A
Bought by
Kang Franklin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Yi Yong B and Yi Young Sun
Bought by
Yi Young Sun

Purchase Details

Closed on
Dec 23, 2005
Sold by
Yi Yong B
Bought by
Yi Yong B and Yi Young Sun

Purchase Details

Closed on
Jun 23, 2004
Sold by
Yi Chong E
Bought by
Yi Yong B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,990
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Wang Yang Tsung and Wang Yoko
Bought by
Yi Yong B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,990
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2002
Sold by
Wang Yang Tsung and Wang Yoko
Bought by
Wang Yang Tsung and Wang Yoko

Purchase Details

Closed on
Jun 22, 1993
Sold by
Wang Eugene S
Bought by
Wang Yang Tsung and Wang Yoko

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
7.2%
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
The Khajavand 2014 Revocable Trust -- None Available
Khajavand Farhad $1,555,000 Lawyers Title Company
Kang Franklin D -- Chicago Title Co
Kang Franklin D $1,519,000 Chicago Title Co
Yi Yong B -- Chicago Title Co
Yi Yong B -- Chicago Title Co
Kang Franklin D -- Chicago Title Co
Yi Young Sun -- None Available
Yi Yong B -- None Available
Yi Young Sun -- None Available
Yi Yong B -- Stewart Title Irvine
Yi Yong B $1,362,000 Stewart Title Irvine
Wang Yang Tsung -- --
Wang Yang Tsung -- Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khajavand Farhad $255,000
Previous Owner Kang Franklin D $290,250
Previous Owner Kang Franklin D $1,000,000
Previous Owner Kang Franklin D $1,000,000
Previous Owner Yi Yong B $250,000
Previous Owner Yi Yong B $999,990
Previous Owner Wang Yang Tsung $500,000
Closed Yi Yong B $225,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,555,000 -2.5% $446 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $1,595,000 -- $457 / 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 $21,491 $1,906,205 $1,151,326 $754,879
2024 $21,491 $1,868,829 $1,128,751 $740,078
2023 $21,094 $1,832,186 $1,106,619 $725,567
2022 $20,023 $1,796,262 $1,084,921 $711,341
2021 $19,952 $1,761,043 $1,063,649 $697,394
2019 $19,075 $1,708,811 $1,032,101 $676,710
2018 $18,857 $1,675,306 $1,011,864 $663,442
2016 $17,904 $1,610,254 $972,573 $637,681
2015 $17,816 $1,586,068 $957,965 $628,103
2014 $17,559 $1,555,000 $939,200 $615,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13110395

California Regional Multiple Listing Service (CRMLS)

APN: 7585-013-010