NOT LISTED FOR SALE

29927 Avenida Anillo Rancho Palos Verdes, CA 90275

Estimated Value: $2,809,000 - $3,165,875

4 Beds
2.5 Baths
3,134 Sq Ft
$967/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $2,455,000 $783 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $18,968/month

7 Days on Market

Highlights

  • Ocean View
  • Gourmet Kitchen
  • Room in yard for a pool
  • Point Vicente Elementary School Rated A+
  • Primary Bedroom Suite
  • Family Room with Fireplace

About This Home

As of July 2020

This stunning example of mid-century post & beam architecture was meticulously remodeled over the past year with almost $500,000 in upgrades. The 3,134 sf home contains 4 beds, 3 baths & sits on a generous 12,406 sf lushly wooded lot on a cul-de-sac. Living room includes sunken couch w/ suspended fireplace & recessed library wall w/ custom Bellmont shelving. Kitchen fully updated w/ SubZero & Wolf appliances, custom Bellmont cabinetry & Hansgrohe faucets. Expansive walk-in pantry, laundry room, family room, powder room & bar, complete with ice maker and SubZero wine fridge, round out this wing of the home. Ample master suite faces west w/ peek-a-boo views of the ocean & spacious walk-in closet. Master bath beautifully designed w/ custom walnut cabinetry, Heath Ceramics tile, huge Duravit soaking tub & shower. Major systems updated, including HVAC, tankless water heater, electrical panel & whole house re-wiring, solid white oak flooring, smart home systems & many other upgrades.

Last Agent to Sell the Property

Jessica Heredia

Coldwell Banker Realty License #01349369 Listed on: 06/12/2020

Coldwell Banker Realty

Co-Listed By

Louise Machado

Coldwell Banker Realty License #02034489

Last Buyer's Agent

Brooke Dianich

Keller Williams Luxury License #01325866

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,484

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85x150
  • Property is zoned RPRAIA

Parking

  • 3 Car Garage
  • Driveway
  • Guest Parking

Property Views

  • Ocean
  • Woods
  • Peek-A-Boo

Home Design

  • Post and Beam

Interior Spaces

  • 3,134 Sq Ft Home
  • 1-Story Property
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7588-004-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,484

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post & Beam
  • Street Number Display: Yes
  • Advertising Remarks: This stunning example of mid-century post and beam architecture was meticulously remodeled over the past year with almost $500,000 in upgrades. The 3,134 square foot home contains four bedrooms, three bathrooms and sits on a generous 12,406 square foot lushly wooded lot on a cul-de-sac. Inside, the living room includes sunken couch with suspended fireplace, recessed library wall with custom Bellmont shelving and floor to ceiling windows. Kitchen fully updated with SubZero and Wolf appliances, custom Bellmont high gloss white and walnut cabinetry and Hansgrohe faucets. Expansive walk-in pantry, laundry room, family room, powder room and bar, complete with ice maker and SubZero wine fridge, round out this wing of the home. Ample master suite faces west with peek-a-boo views of the ocean and spacious walk-in closet. Master bath beautifully designed with custom walnut cabinetry, Heath Ceramics tile, huge Duravit soaking tub and shower. Major systems updated, including HVAC, tankless water heater, electrical panel and whole house re-wiring, solid white oak flooring, smart home systems and many other upgrades. Conveniently located minutes from the beach, Ralphs and situated in award-winning Palos Verdes Peninsula USD.
  • Living Area: 3134
  • Lot Acreage: 0.2848
  • Lot Dimensions: 85x150
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1964
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Beamed Ceiling(s), Built-Ins, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Carpet, Hardwood, Stone Tile
  • Appliances: Built-Ins, Cooktop - Gas, Double Oven, Range
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Dressing Area, Master Suite, Master Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub, Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area, Family Room, Kitchen Island
  • Kitchen Features: Stone Counters, Open to Family Room, Pantry, Remodeled, Gourmet Kitchen, Island
  • Laundry: Room, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Bar Ice Maker, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 757.82

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors, Custom Built, Double Door Entry
  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Peek-A-Boo, Ocean, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Driveway - Concrete, Garage - 3 Car, Parking for Guests
  • Total Parking: 3

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7588-004-013
  • Geocode Override: No
  • Lot Size Area: 12406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 10, 2020
Sold by
Heim Rian and Heim Alyssa H
Bought by
Park Suzanne M and Kwon Andrew
Seller's Agent
Jessica Heredia
Coldwell Banker Realty
Buyer's Agent
Brooke Dianich
Keller Williams Luxury
List Price
$2,375,000
Sold Price
$2,455,000
Premium/Discount to List
$80,000
3.37%
Current Estimated Value
$3,030,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,219
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,250,000
Outstanding Balance
$1,113,347
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,920,048

Purchase Details

Listed on
Sep 28, 2018
Closed on
Nov 29, 2018
Sold by
Block Arlene G and Jerome And Arlene Block Family
Bought by
Heim Rian and Heim Alyssa H
Seller's Agent
Phyllis Weitzman
Estate Properties
Buyer's Agent
L. Katie Machado
Coldwell Banker Realty
List Price
$1,839,000
Sold Price
$1,797,000
Premium/Discount to List
-$42,000
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.14%
Original Mortgage
$1,437,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2005
Sold by
Block Arlene G
Bought by
Block Arlene G and Jerome & Arlene Block Family Bypass Tr

Purchase Details

Closed on
Sep 30, 1996
Sold by
Block Jerome B
Bought by
Block Jerome B and Block Arlene G
Source: Public Records

Range of Values:

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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
Park Suzanne M $2,455,000 Fidelity National Title
Heim Rian $1,797,000 Fidelity National Title Comp
Block Arlene G -- --
Block Jerome B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Suzanne M $1,250,000
Previous Owner Heim Rian $1,437,000
Previous Owner Heim Rian $1,437,000
Previous Owner Block Jerome B $83,000
Previous Owner Block Jerome B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $2,455,000 +3.4% $783 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $2,375,000 +32.2% $758 / Sq Ft
12/27/2018 12/27/18 Sold $1,797,000 -2.3% $573 / Sq Ft
09/28/2018 09/28/18 For Sale $1,839,000 -- $587 / Sq Ft
Source: The MLS

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 $29,484 $2,657,369 $1,250,208 $1,407,161
2024 $29,484 $2,605,265 $1,225,695 $1,379,570
2023 $28,978 $2,554,182 $1,201,662 $1,352,520
2022 $27,496 $2,504,100 $1,178,100 $1,326,000
2021 $27,422 $2,455,000 $1,155,000 $1,300,000
2020 $20,671 $1,832,940 $1,466,352 $366,588
2019 $20,114 $1,797,000 $1,437,600 $359,400
2018 $3,204 $213,037 $59,658 $153,379
2016 $3,016 $204,767 $57,343 $147,424
2015 $3,094 $201,692 $56,482 $145,210
2014 $3,068 $197,742 $55,376 $142,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-590360

The MLS

APN: 7588-004-013