NOT LISTED FOR SALE

29214 Posey Way Rancho Palos Verdes, CA 90275

Estimated Value: $1,582,000 - $1,848,000

4 Beds
2 Baths
1,672 Sq Ft
$1,026/Sq Ft Est. Value

Highlights

  • Ocean View
  • No HOA
  • 2 Car Attached Garage
  • Vista Grande Elementary Rated A+
  • Hiking Trails
  • Park

About This Home

As of September 2023

A beautiful and bright one-story traditional home with open floor plan that includes four bedrooms and two baths with fresh paint inside and outside, wood and tile flooring throughout the house, living room has a fireplace and kitchen comes with granite countertops. This house is in a quiet cul de sac with Peekaboo view of the ocean and canyon, access to Lunada Canyon Trail. The property is within walking distance to the award-winning Vista Grande Elementary School and Hesse Park.

Last Agent to Rent the Property

Farid Arzani

First National Property License #01141636 Listed on: 09/13/2023

Last Renter's Agent

Fred Arzani

First National Property License #01141636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,591

Year Built

  • Built in 1972

Lot Details

  • 7,049 Sq Ft Lot
  • Garden
  • Front Yard
  • Property is zoned RPRS10000*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Canyon

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes gardener, sewer
  • 12-Month Minimum Lease Term
  • Available 9/14/23
  • Tax Lot 88
  • Tax Tract Number 28053
  • Assessor Parcel Number 7583037003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,591

Year Built

Built in 1972

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-09-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Other Phone Description: 3109770704
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS10000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7583037003
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1672.00 Square Feet
  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3.05
  • Room Type: All Bedrooms Down, Family Room, Formal Entry

Exterior Features

  • View: Canyon, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Park

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 7049.00
  • Lot Size Acres: 0.1618

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7049.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Sewer

Tax Info

  • Tax Census Tract: 6704.13
  • Tax Lot: 88
  • Tax Tract Number: 28053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2004
Sold by
Mashhood Farshid and Mashhood Azam
Bought by
Mashhood Farshid and Mashhood Azam
Current Estimated Value
$1,715,531

Purchase Details

Closed on
Oct 6, 1993
Sold by
Juncal Raymond W and Juncal Helen J
Bought by
Mashhood Farshid and Mashhood Azam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.88%
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
Mashhood Farshid -- --
Mashhood Farshid $360,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mashhood Farshid $250,000
Closed Mashhood Farshid $136,300
Closed Mashhood Farshid $218,400
Closed Mashhood Farshid $245,000
Closed Mashhood Farshid $145,000
Closed Mashhood Farshid $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Rented $5,100 0.0% --
09/13/2023 09/13/23 For Rent $5,100 -- --
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 $7,591 $611,860 $459,074 $152,786
2024 $7,591 $599,864 $450,073 $149,791
2023 $7,383 $588,103 $441,249 $146,854
2022 $7,023 $576,573 $432,598 $143,975
2021 $6,977 $565,268 $424,116 $141,152
2020 $6,878 $559,473 $419,768 $139,705
2019 $6,679 $548,504 $411,538 $136,966
2018 $6,579 $537,750 $403,469 $134,281
2016 $6,244 $516,870 $387,802 $129,068
2015 $6,275 $509,107 $381,977 $127,130
2014 $6,195 $499,135 $374,495 $124,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23171486

California Regional Multiple Listing Service (CRMLS)

APN: 7583-037-003