$6,680,000
SOLD JUN 12, 2015

2950 Twin Harbors View Dr Rancho Palos Verdes, CA 90275

6 Beds
8 Baths
7,669 Sq Ft
0.51 Acres

Recently Sold

$871 Per Sq Ft

16% Below List Price

614 Days on Market

Highlights

  • Ocean View
  • Koi Pond
  • 24-Hour Security
  • Mira Catalina Elementary School Rated A+
  • Wine Cellar
  • Home Theater

About This Home

As of June 2015

Originally constructed as the model home for The Estates at Trump National, this luxury ocean view estate features everything one needs for personal enjoyment and entertaining. With formal and informal living spaces throughout the home, this 6 bedroom, 8 bath estate is pure luxury at its best. Upstairs enjoy the gourmet kitchen, ocean view living room and parlor, as well as dual luxury master suites with his and her closets, dual shower and fireplaces. Downstairs entertain by way of the wine cellar and wet bar, billiard room or the private 4 person movie theater. Two additional bedrooms with en suite baths round out this space. Outside you will find a separate in-law suite complete with bathroom and separate entrance. Here you enjoy ultimate privacy surrounded by gardens, a Koi Pond, spa and pool with ocean and Catalina Views, outdoor fireplace and outdoor kitchen. The Estates at Trump National, adjacent to Trump National Golf Club, is one of the most sought after communities south of LA, and with unparalleled views, impeccably maintained grounds, and an estate that exudes luxury, this is truly a home for the most discerning buyer. Furnishings, artwork and window treatments are included in the sale.

Last Agent to Sell the Property

Jamie Waryck

The Agency License #01898871 Listed on: 08/14/2013

The Agency

Co-Listed By

Frank Ponce

Coldwell Banker Realty License #00861049

Last Buyer's Agent

Mingli Wang

Realty One Group United License #01866566

Realty One Group United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,127

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Garden
  • Front Yard

HOA Fees

  • $141 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Custom Home
  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 7,669 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Custom Window Coverings
  • Garden Windows
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Utility Room
  • Laundry Room
  • Attic Fan
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Indoor Grill
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Home Security

  • Alarm System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Koi Pond
  • Outdoor Fireplace
  • Terrace
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • Phone System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50667
  • Assessor Parcel Number 7564029001

Community Details

Overview

  • To Be Supplied At Escrow Association
  • Foothills
  • Property is near a preserve or public land

Recreation

  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,127

Year Built

Built in 2005

Lot Details

0

HOA Fees

$141 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Fire and Smoke Detection System, Closed Circuit Camera(s), Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7564029001
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7669.00
  • Interior Amenities: Attic Fan, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Furnished, Granite Counters, High Ceilings, Intercom, Open Floorplan, Phone System, Recessed Lighting, Wired for Sound, Tray Ceiling(s), Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Den, Family Room, Living Room, Master Bedroom, Master Retreat, Outside
  • Levels: Two
  • Price Per Square Foot: 871.04
  • Room Type: Basement, Den, Dressing Area, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Living Room, Media Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room, Office, Home Theatre, Two Masters, Utility Room, Wine Cellar
  • Spa Features: In Ground
  • Window Features: Custom Covering, Drapes, Double Pane Windows, ENERGY STAR Qualified Windows, Garden Window(s), Skylight(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Koi Pond
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic
  • Patio And Porch Features: Brick, Terrace
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Disposal, Gas Range, Indoor Grill, Gas Water Heater, Range Hood, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Softener
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 141.00
  • Association Fee Frequency: Monthly
  • Association Name: To be supplied at escrow
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Foothills, Preserve/Public Land, Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Garden, Lawn, Landscaped, Level with Street, Paved, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 22120.00
  • Price Per Lot Square Foot: 301.99
  • Lot Size Acres: 0.5080

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22120.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Apr 23, 2015
Sold by
Ruffin Phillip G
Bought by
Zhao Jinmin and Ji Yuanyuan
Seller's Agent
Jamie Waryck
The Agency
Buyer's Agent
Mingli Wang
Realty One Group United
List Price
$8,000,000
Sold Price
$6,680,000
Premium/Discount to List
-$1,320,000
-16.5%
Current Estimated Value
$7,335,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,735
Avg. Annual Appreciation
0.93%
Original Mortgage
$3,150,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2006
Sold by
Vh Property Corp
Bought by
Ruffin Phillip G
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 $6,680,000 Progressive Title Company
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $12,500,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,150,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $6,680,000 -10.9% $871 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/09/2014 04/09/14 Price Changed $7,500,000 -6.3% $978 / Sq Ft
08/14/2013 08/14/13 For Sale $8,000,000 -- $1,043 / 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 $87,127 $8,028,353 $3,605,548 $4,422,805
2024 $87,127 $7,870,935 $3,534,851 $4,336,084
2023 $85,885 $7,716,604 $3,465,541 $4,251,063
2022 $81,398 $7,565,299 $3,397,590 $4,167,709
2021 $81,240 $7,416,961 $3,330,971 $4,085,990
2019 $77,625 $7,196,972 $3,232,173 $3,964,799
2018 $77,161 $7,055,856 $3,168,798 $3,887,058
2016 $73,336 $6,781,870 $3,045,750 $3,736,120
2015 $51,868 $4,722,000 $2,540,900 $2,181,100
2014 -- $4,722,000 $2,540,900 $2,181,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13231585

California Regional Multiple Listing Service (CRMLS)

APN: 7564-029-001