NOT LISTED FOR SALE

29375 Indian Valley Rd Unit 2 Rancho Palos Verdes, CA 90275

Estimated Value: $1,631,000 - $2,033,000

3 Beds
4 Baths
2,943 Sq Ft
$602/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $890,000 $302 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,890/month

66 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Furnished
  • Montemalaga Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of October 2012

Double front doors welcome you into the formal entry of this wonderfully appointed townhome. Spacious open floor plan features a large, two-level living room with a wall of built-in cabinets, wet bar and a balcony that leads to the fenced backyard. Gourmet kitchen with island, breakfast nook, gas cooktop, double ovens, loads of cabinets and a balcony with gas grill. Laundry room is adjacent tot he kitchen. The formal dining room overlooks the living room and is flooded with natural light from skylights. Large family room downstairs with a walk-in closet and half bath. Upstairs on it's own level enter the private master suite through double doors and enjoy the cozy fireplace, sitting area and ocean views. The master suite also has a walk-in closet and master bath with tub and shower. One level up are two large bedrooms and a full bath. Custom window treatments, smooth ceilings and recessed lighting are just some of the decorator features. One of the main highlights of this special home is a rooftop deck with panoramic ocean views - a large area for entertaining or just relaxing and enjoying the view. This home is being sold furnished. Two car attached garage with direct access and extra storage.

Last Agent to Sell the Property

Becky Gielow

EPLA Ventures Inc License #01140228 Listed on: 07/26/2012

EPLA Ventures Inc

Last Buyer's Agent

Ginni Lee

Estate Properties License #01459544

Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,639

Year Built

  • Built in 1989

Lot Details

  • Fenced
  • Back Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,943 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • Recessed Lighting
  • Custom Window Coverings
  • Sliding Doors
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6704
  • Assessor Parcel Number 7585010047

Community Details

Overview

  • 3 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,639

Year Built

Built in 1989

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All furnishings currently in the home.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7585010047
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2943.00
  • Interior Amenities: Built-in Features, Furnished, Recessed Lighting, Wet Bar
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 302.41
  • Room Type: All Bedrooms Up, Formal Entry, Living Room, Master Suite, Walk-In Closet, Separate Family Room
  • Window Features: Custom Covering

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Individual Room, Washer Included

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 13334.00
  • Lot Size Acres: 0.3060

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 13334.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Sep 12, 2012
Sold by
Dewitt Howard A and Dewitt Carolyn A
Bought by
Bartner Arthur C and Bartner Barbara
Seller's Agent
Becky Gielow
EPLA Ventures Inc
Buyer's Agent
Ginni Lee
Estate Properties
List Price
$949,888
Sold Price
$890,000
Premium/Discount to List
-$59,888
-6.3%
Current Estimated Value
$1,772,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,104
Avg. Annual Appreciation
5.49%
Original Mortgage
$417,000
Outstanding Balance
$184,508
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,588,428

Purchase Details

Closed on
Dec 7, 2007
Sold by
Oppenheim Bennett
Bought by
Dewitt Howard A and Dewitt Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2007
Sold by
Gaertner Donald G and Gaertner Lucille
Bought by
Oppenheim Bennett

Purchase Details

Closed on
Aug 4, 1994
Sold by
Gaertner Donald G and Gaertner Lucille
Bought by
Gaertner Donald G and Gaertner Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
8.65%

Purchase Details

Closed on
Oct 23, 1993
Sold by
Gaertner Donald G
Bought by
Gaertner Donald G and Pearson Lucille
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
Bartner Arthur C $890,000 Progressive Title Company
Dewitt Howard A $966,000 Chicago Title Company
Oppenheim Bennett $997,000 Southland Title
Gaertner Donald G -- Commonwealth Land Title Co
Gaertner Donald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartner Arthur C $417,000
Previous Owner Dewitt Howard A $579,400
Previous Owner Gaertner Donald G $752,000
Previous Owner Gaertner Donald G $650,000
Previous Owner Gaertner Donald G $92,500
Previous Owner Gaertner Donald G $680,000
Previous Owner Gaertner Donald G $562,500
Previous Owner Gaertner Donald G $31,000
Previous Owner Gaertner Donald G $465,000
Previous Owner Gaertner Donald G $75,000
Previous Owner Gaertner Donald G $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $890,000 -6.3% $302 / Sq Ft
09/30/2012 09/30/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $949,888 -- $323 / 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 $12,639 $1,095,960 $629,870 $466,090
2024 $12,639 $1,074,471 $617,520 $456,951
2023 $12,461 $1,053,404 $605,412 $447,992
2022 $11,836 $1,032,750 $593,542 $439,208
2021 $11,774 $1,012,501 $581,904 $430,597
2019 $11,260 $982,472 $564,646 $417,826
2018 $11,178 $963,209 $553,575 $409,634
2016 $10,601 $925,808 $532,080 $393,728
2015 $10,553 $911,902 $524,088 $387,814
2014 $10,407 $894,040 $513,822 $380,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12093836

California Regional Multiple Listing Service (CRMLS)

APN: 7585-010-047