F
Seller's Agent in 2021
Francisco del Castillo
Arroyo Seco Realty Corp.
29681 Highpoint Rd Rancho Palos Verdes, CA 90275
Estimated Value: $2,230,000 - $2,472,000
3
Beds
3.5
Baths
2,862
Sq Ft
$823/Sq Ft
Est. Value
Highlights
- Ocean View
- 0.51 Acre Lot
- Mediterranean Architecture
- Mira Catalina Elementary School Rated A+
- Main Floor Bedroom
- High Ceiling
About This Home
As of December 2021This elegant 3 bedroom, 4 bathroom, original 2-story Spanish Mediterranean view home is a classic example of one original owner modeling pride of ownership. Drive through the entry gates and up the driveway, you're invited to meticulously landscaped grounds and spectacular unobstructed views of the Pacific Ocean, San Pedro Harbor, and the city! Perched above street level offering privacy and distance from neighbors. Upon entrance, you are warmly greeted by Spanish tiled floors, cathedral ceilings, and a thoughtful floor plan connecting the two side-by-side living rooms, and dining room, which leads to the kitchen and breakfast nook. Adjacent to one living room is a main floor bedroom and bathroom. Each bedroom has it's own en-suite bathroom. Upstairs is the master bedroom with large bathroom, and the third bedroom with an amazing harbor and city view. The living rooms feature sliding doors leading to the updated brick patio, perfect for entertaining, al fresco dining, or just enjoying the ocean view! Complementing the living rooms is a Mediterranean fireplace and bar. The home also features a laundry room, an attached 2-car garage, additional storage room upstairs, and tons of Mediterranean charm! Built in 1971, this one of a kind home is located in the Rancho Palos Verdes neighborhood and part of the Palos Verdes Peninsula Unified School District. Come see this well maintained, original ocean view home and what it has to offer.
Last Agent to Sell the Property
Francisco del Castillo
Arroyo Seco Realty Corp. License #01200174 Listed on: 10/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,100
Year Built
- Built in 1971
Lot Details
- 0.51 Acre Lot
- Property is zoned RPRS20000*
Parking
- 2 Car Direct Access Garage
- Parking Available
- Garage Door Opener
- Automatic Gate
Property Views
- Ocean
- Marina
- Coastline
- Bay
- Bridge
- City Lights
Home Design
- Mediterranean Architecture
- Tile Roof
- Stucco
Interior Spaces
- 2,862 Sq Ft Home
- 2-Story Property
- Wet Bar
- High Ceiling
- Fireplace With Gas Starter
- Shutters
- Living Room with Fireplace
- Center Hall
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Eat-In Kitchen
- Tile Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
Outdoor Features
- Balcony
- Open Patio
- Wrap Around Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Not Applicable 105 Subdivision
Listing and Financial Details
- Assessor Parcel Number 7566012016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 14, 2023
Sold by
Memon Farooq Atif
Bought by
Farooq Atif Memon And Jabeen Memon Family Tru
Current Estimated Value
Purchase Details
Listed on
Oct 5, 2021
Closed on
Nov 5, 2021
Sold by
Cortes Joe and The Joe And Eiza S Cortes Trus
Bought by
Memon Jabeen and Memon Farooq A
Seller's Agent
Francisco del Castillo
Arroyo Seco Realty Corp.
Buyer's Agent
Jeffrey Hutchens
Arroyo Seco Realty Corp.
List Price
$2,399,000
Sold Price
$2,200,000
Premium/Discount to List
-$199,000
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,760,000
Interest Rate
2.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 18, 2007
Sold by
Cortes Joe and Cortes Elza J
Bought by
Cortes Joe and Cortes Elza J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farooq Atif Memon And Jabeen Memon Family Tru | -- | -- | |
| Memon Jabeen | $2,200,000 | Provident Title Company | |
| Cortes Joe | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Memon Jabeen | $1,760,000 | |
| Previous Owner | Cortes Joe | $1,089,787 | |
| Previous Owner | Cortes Joe | $1,089,787 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2021 12/23/21 | Sold | $2,200,000 | -8.3% | $769 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 10/05/2021 10/05/21 | For Sale | $2,399,000 | -- | $838 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $26,100 | $2,334,655 | $1,701,752 | $632,903 |
| 2024 | $26,100 | $2,288,879 | $1,668,385 | $620,494 |
| 2023 | $25,641 | $2,244,000 | $1,635,672 | $608,328 |
| 2022 | $24,333 | $2,200,000 | $1,603,600 | $596,400 |
| 2021 | $3,797 | $253,180 | $93,064 | $160,116 |
| 2019 | $3,648 | $245,672 | $90,304 | $155,368 |
| 2018 | $3,497 | $240,856 | $88,534 | $152,322 |
| 2016 | $3,299 | $231,506 | $85,098 | $146,408 |
| 2015 | $3,434 | $228,029 | $83,820 | $144,209 |
| 2014 | $3,408 | $223,564 | $82,179 | $141,385 |
Source: Public Records
Agents Affiliated with this Home
-
-
Elsa Kim
Seller Co-Listing Agent in 2021
Elsa Kim
Arroyo Seco Realty Corp.
(323) 240-8731
1 in this area
32 Total Sales
-
Jeffrey Hutchens
Buyer's Agent in 2021
Jeffrey Hutchens
Arroyo Seco Realty Corp.
(323) 254-3966
1 in this area
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320007857
APN: 7566-012-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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