NOT LISTED FOR SALE

3 Quail Ridge Rd N Rolling Hills, CA 90274

Estimated Value: $8,120,000 - $8,939,983

6 Beds
8 Baths
7,263 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $6,150,000 $847 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $53,467/month

94 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • In Ground Pool
  • Dapplegray Elementary School Rated A+
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of April 2016

This private, gated estate is situated on 5 prime acres in Rolling Hills, with spectacular views of the Santa Monica Bay and sparkling city lights. The incredible grounds include lush lawns, expansive patios, an oversized pool and spa as well as a second, separate play area. Inside, a formal entry greets you; hardwood floors, vaulted ceilings and French doors throughout make an immediate impression. The huge living room has a dramatic fireplace and opens to the extraordinary, paneled library / office. There’s a large formal dining room as well as a spacious eating area off the gourmet kitchen with granite counters. The attached family room is perfectly positioned to encourage large gatherings. There’s also a separate game / media room. The luxurious master suite has a fireplace and two separate bathrooms! The long driveway leads to a huge, 4 car garage. Avocado, plum and apricot trees are just some of the delicacies in the orchard.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 09/07/2015

Vista Sotheby's International Realty

Last Buyer's Agent

George Wong

West Shores Realty, Inc. License #00893378

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,541

Year Built

  • Built in 1954

Lot Details

  • 5.18 Acre Lot
  • Secluded Lot

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights

Interior Spaces

  • 7,263 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Theater
  • Den
  • Library
  • Loft

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Horse Property
  • Fire Pit

Utilities

  • Central Air
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 6705
  • Assessor Parcel Number 7569009002

Community Details

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,541

Year Built

Built in 1954

Lot Details

0

HOA Fees

$1,200 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7569009002
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7263.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Fire Pit, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 846.76
  • Room Type: All Bedrooms Up, Den, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Loft, Library, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Multi-Level Bedroom, Main Floor Master Bedroom, Master Suite, Separate Family Room
  • Spa Features: In Ground

Exterior Features

  • View: Bay, City Lights, Coastline, Ocean, Panoramic
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Lot Features: Horse Property, Lot Over 40000 Sqft, Secluded
  • Lot Size Sq Ft: 225411.00
  • Price Per Lot Square Foot: 27.28
  • Lot Size Acres: 5.1750

Multi Family

  • Lease Considered: No
  • Lot Size Area: 225411.0000 Square Feet
  • Number Of Units In Community: 1143
  • Number Of Units Total: 1143

Tax Info

  • Tax Lot: 114
  • Tax Tract Number: 6705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2016
Sold by
Whang John
Bought by
Whang John and Whang Wendy
Current Estimated Value
$8,626,328

Purchase Details

Closed on
Dec 23, 2015
Sold by
Powers Tamara Ritchey
Bought by
Whang John and Whang Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,305,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 1999
Sold by
Powers Tamara Ritchey
Bought by
Powers Tamara Ritchey

Purchase Details

Closed on
Dec 15, 1998
Sold by
Powers William Charles
Bought by
Powers Tamara Ritchey

Purchase Details

Closed on
Nov 14, 1998
Sold by
Weissman Ronald W and Weissman Judith L
Bought by
Powers Tamara Ritchey

Purchase Details

Closed on
Nov 10, 1995
Sold by
Taus Md George Walter and Taus Susan Lynn
Bought by
Weissman Ronald W and Weissman Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whang John -- None Available
Whang John $6,150,000 Lawyers Title
Powers Tamara Ritchey -- --
Powers Tamara Ritchey -- Chicago Title Co
Powers Tamara Ritchey $3,640,000 Chicago Title
Weissman Ronald W $2,000,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whang John $4,765,000
Closed Whang John $4,340,000
Closed Whang John $500,000
Previous Owner Whang John $4,305,000
Previous Owner Powers Tamara Ritchey $600,000
Previous Owner Weissman Ronald W $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $6,150,000 -5.4% $847 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $6,500,000 -- $895 / 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 $80,541 $7,280,348 $5,824,281 $1,456,067
2024 $80,541 $7,137,597 $5,710,080 $1,427,517
2023 $79,421 $6,997,645 $5,598,118 $1,399,527
2022 $75,026 $6,860,437 $5,488,351 $1,372,086
2021 $74,911 $6,725,920 $5,380,737 $1,345,183
2020 $73,898 $6,656,955 $5,325,565 $1,331,390
2019 $71,619 $6,526,428 $5,221,143 $1,305,285
2018 $70,970 $6,398,460 $5,118,768 $1,279,692
2016 $53,293 $4,820,529 $3,856,428 $964,101
2015 $52,783 $4,748,121 $3,798,501 $949,620
2014 $52,061 $4,655,113 $3,724,094 $931,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15197901

California Regional Multiple Listing Service (CRMLS)

APN: 7569-009-002