NOT LISTED FOR SALE

29087 Palos Verdes Dr E Rancho Palos Verdes, CA 90275

Estimated Value: $556,000 - $1,324,000

0.51 Acre
$2,017,632 Price per Acre
22,259 Sq Ft Lot

Last Sold June 28, 2016

Last sale price $405,000

Est. 155% increase in value since last sale

Current estimated payment $6,100/month

37 Days on Market

Highlights

  • Horse Property Unimproved
  • Peek-A-Boo Views
  • Horse Trails
  • Dapplegray Elementary School Rated A+
  • No HOA

About This Lot

As of June 2016

Located in a small enclave of homes on Private Drive above the Miraleste Library. Approx 1/2 Acre usable lot with a country feel. Check with city of Rancho Palos Verdes for building information. Lot in near vicinity has received city approval for new 4999 sq foot home. This is a lot in the immediate neighborhood. Plenty of room to build a family home. Great potential for development with room to spread out. Address is not official as yet. Zoned for Horses. Palos Verdes School District.

Last Agent to Sell the Property

J Mike Giltner

Giltner Realty License #00854126 Listed on: 01/10/2016

Last Buyer's Agent

Hassan Halabi

Hassan Halabi, Broker License #01144509

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,910

Lot Details

  • 0.51

Additional Features

  • Peek-A-Boo Views
  • 0.51 Acre Lot
  • Suburban Location
  • Horse Property Unimproved
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 7566023028

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$5,910

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • Survey: Survey Done
  • View: Yes
  • Zoning: Residenti
  • Property Type: Land
  • Parcel Number: 7566023028
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.21

Exterior Features

  • View: Peek-A-Boo

Utilities

  • Sewer: None

Condo/Co-op/Association

  • Association: No
  • Community Features: Horse Trails, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Unimproved
  • Lot Size Sq Ft: 22242.00
  • Price Per Lot Square Foot: 18.21
  • Usable Land Percent: 100
  • Lot Size Acres: 0.5110

Multi Family

  • Lot Size Area: 22242.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Kabalawi Fred F and Kabalawi Fatima Gheith
Bought by
Kabalawi Family Living Trust and Kabalawi
Total Days on Market
37
Current Estimated Value
$1,031,010

Purchase Details

Closed on
Mar 29, 2016
Sold by
Mosher Jayne C
Bought by
Kabalawi Fred F and Kabalawi Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,250
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2011
Sold by
Voeltz Leland and Leland & Becky B Voeltz Living
Bought by
Voeltz Leland and Leland & Becky B Voeltz Living Trust

Purchase Details

Closed on
Sep 17, 2009
Sold by
Voeltz Leland and Voeltz Becky B
Bought by
Voeltz Leland
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kabalawi Family Living Trust -- None Listed On Document
Kabalawi Fred F $415,000 Usa National Title Company
Voeltz Leland -- None Available
Voeltz Leland -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kabalawi Fred F $228,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $405,000 -7.7% --
02/16/2016 02/16/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $439,000 -- --
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 $5,910 $491,272 $491,272 --
2024 $5,910 $481,640 $481,640 --
2023 $5,821 $472,197 $472,197 $0
2022 $5,529 $462,939 $462,939 $0
2021 $5,501 $453,862 $453,862 $0
2019 $5,220 $440,401 $440,401 $0
2018 $5,132 $431,766 $431,766 $0
2016 $1,016 $51,735 $51,735 $0
2015 $1,003 $50,958 $50,958 $0
2014 $1,003 $49,960 $49,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16005292

California Regional Multiple Listing Service (CRMLS)

APN: 7566-023-028