NOT LISTED FOR SALE

29520 Oceanport Rd Rancho Palos Verdes, CA 90275

Estimated Value: $1,885,000 - $2,257,000

5 Beds
3 Baths
2,468 Sq Ft
$837/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $1,895,000 $768 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,808/month

54 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Wood Flooring
  • Soleado Elementary Rated A+
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2022

You will easily fall in love with this updated home surrounded by lush landscape and quietly tucked in a small cul-de-sac at the center of Palos Verdes. At first impression, this split-level home has a beautiful curb appeal featuring a stone pathway that leads to a gated garden courtyard before entering the house. Once inside is an open living room and dining area with a cozy fireplace and sliding door to the backyard. The oversize kitchen boasts expansive granite counter space & cabinets, stainless steel appliances and a large island with breakfast bar. There is also ample space in the breakfast nook area for casual dining and more. On the lower level is a separate family room that opens to the backyard. In addition, there is one bedroom with direct access to the hallway bathroom as well as another bedroom perfect for an office or study area. On the upper level is the large primary bedroom with a balcony that overlooks the beautiful backyard. The primary bathroom has double sink vanity and additional closet access. There are 2 more bedrooms with cathedral ceiling and a hallway full bathroom with jetted tub. The jewel of this property is the large tiered backyard that boasts lots of grassy area, plants and fruit trees. Its peaceful, serene surroundings is great for additional outdoor living, certain to offer endless fun and enjoyment. This home is centrally located, close to the park and a short distance from Ridgecrest Middle School. You don’t want to miss it.

Last Agent to Sell the Property

Stephen Haw

Keller Williams Palos Verdes License #00808646 Listed on: 07/08/2022

Keller Williams Palos Verdes

Last Buyer's Agent

Gary Kooba

Vista Sotheby’s International Realty License #00578697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,063

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 9,104 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Garden
  • Back Yard
  • Property is zoned RPRS10000*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Property Views

  • Ocean
  • Catalina
  • Peek-A-Boo

Home Design

  • Split Level Home
  • Spanish Tile Roof

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Bay Window
  • Casement Windows
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Concrete Porch or Patio

Location

  • Property is near a park
  • Suburban Location

Schools

  • Soleado Elementary School
  • Ridgecrest Middle School
  • Peninsula High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 27789
  • Assessor Parcel Number 7574013011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,063

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RPRS10000*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7574013011
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2468.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell
  • Fireplace Features: Living Room, Gas
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 767.83
  • Room Type: Entry, Family Room, Living Room, Master Bedroom, Separate Family Room
  • Window Features: Bay Window(s), Blinds, Casement Windows, Custom Covering, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Peek-A-Boo
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Soleado
  • Middle School: Ridgecrest
  • High School: Peninsula
  • Elementary School: Soleado
  • High School: Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: SOLEAD
  • High School2: PENINS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Garden, Landscaped, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 9104.00
  • Lot Size Acres: 0.2090

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9104.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.05
  • Tax Lot: 85
  • Tax Tract Number: 27789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 28, 2022
Sold by
Yongliang Wei
Bought by
Puels Richard B and Puels Elizabeth J
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$1,970,000
Sold Price
$1,895,000
Premium/Discount to List
-$75,000
-3.81%
Total Days on Market
54
Views
7
Current Estimated Value
$2,066,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,907
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,421,250
Outstanding Balance
$1,372,913
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$693,994

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 25, 2012
Sold by
Hatzenbuhler Teresa Z and Ruggies Sandra J
Bought by
Wei Yongliang
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$1,089,000
Sold Price
$1,120,000
Premium/Discount to List
$31,000
2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$784,000
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 24, 2012
Sold by
Gao Weiping
Bought by
Wei Yong Liang
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$1,089,000
Sold Price
$1,120,000
Premium/Discount to List
$31,000
2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Hatzenbuhler Teresa Z and Ruggles Sandra J
Bought by
Hatzenbuhler Teresa Z and George R & Phyllis J Hokenstad Family Tr

Purchase Details

Closed on
Dec 18, 2006
Sold by
Hokenstad George R and Hokenstad George R
Bought by
Hokenstad George R and Phyllis J Hokenstad Exemption Trust
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 Buyer Sale Price Title Company
Puels Richard B $1,895,000 Progressive Title
Wei Yongliang $1,120,000 Progressive Title Company
Wei Yong Liang -- Progressive Title Company
Hatzenbuhler Teresa Z -- None Available
Hatzenbuhler Teresa Z -- None Available
Hokenstad George R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puels Richard B $1,421,250
Previous Owner Wei Yong Liang $784,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,895,000 -3.8% $768 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $1,970,000 +4.0% $798 / Sq Ft
07/28/2022 07/28/22 Off Market $1,895,000 -- --
07/28/2022 07/28/22 Pending -- -- --
07/16/2022 07/16/22 Price Changed $1,970,000 -8.4% $798 / Sq Ft
07/08/2022 07/08/22 For Sale $2,150,000 0.0% $871 / Sq Ft
08/12/2019 08/12/19 Rented $5,000 -9.1% --
07/17/2019 07/17/19 For Rent $5,500 0.0% --
11/14/2012 11/14/12 Sold $1,120,000 +2.8% $454 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $1,089,000 -- $441 / 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
2024 $22,063 $1,932,900 $1,546,320 $386,580
2023 $21,657 $1,895,000 $1,516,000 $379,000
2022 $14,757 $1,299,643 $871,690 $427,953
2021 $14,700 $1,274,161 $854,599 $419,562
2019 $14,058 $1,236,370 $829,252 $407,118
2018 $13,948 $1,212,129 $812,993 $399,136
2016 $13,250 $1,165,062 $781,424 $383,638
2015 $13,200 $1,147,563 $769,687 $377,876
2014 $13,016 $1,125,084 $754,610 $370,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22146387

California Regional Multiple Listing Service (CRMLS)

APN: 7574-013-011