NOT LISTED FOR SALE

3242 Parkhurst Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,810,011 - $3,399,000

5 Beds
4 Baths
4,750 Sq Ft
$649/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $3,100,000 $653 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $17,449/month

41 Days on Market

Highlights

  • Ocean View
  • Sauna
  • Fireplace in Primary Bedroom
  • Mira Catalina Elementary School Rated A+
  • RV Access or Parking
  • English Architecture

About This Home

As of June 2024

Welcome to a Grand English Country Farmhouse overlooking the Pacific Ocean and Catalina Island. Flanked by mature landscaping, the semi-circle driveway and 3-car garage provide an impressive entrance to this 4,750 SF sprawling single-level estate home featuring old world charm and quality finishes throughout. As you enter the home, there is a large family room on the left with high beamed ceilings, fireplace, full bar and lovely views of the ocean. Across the hall is the elegant, formal dining room with hand-painted ceiling. Find the informal dining area with a cozy brick fireplace below the T&G ceilings that extend into the open concept kitchen. Brick flooring with wood inlay shows one of many custom installed design features that you will appreciate throughout the home. Gaze out the kitchen window to admire the ocean and Catalina Island views while preparing food on the Dacor 6 burner cooktop, warming drawer, newer double wall ovens, and commercial-sized Subzero refrigerator and freezer. The west wing of the house has 3 bedrooms, one with an ensuite bathroom, an oversized laundry room, and a large hall bath with double sinks, and separate tub and shower. At the end of the hall is a gigantic Family Room with vaulted ceilings, a beautiful wood bar, built-in office, billiard area, herringbone pattern brick fireplace, and floor to ceiling bookshelves. This amazing room with a fantastic view of the ocean and backyard is ideal for entertaining inside as well as outside, through the French Doors which open to a large brick patio and yard beyond. The east wing has a lovely hall bathroom, a 4th bedroom, and an impressive Primary Suite. Coffered ceilings catch your eye as you enter this oversized primary bedroom that features a walk-in closet, fireplace, built-in cabinets, and an en-suite spa, complete with separate tub and shower, two sinks, private toilet, and Huge Sauna! Three sets of French doors lead to the brick patio with built-in gas barbeque for the enjoyment of al fresco dining and sunbathing. Step down to the lawn and English garden with roses, vegetable garden, and an orchard with a variety of mature fruit trees, citrus trees, avocado trees and more. Located on a quiet cul-de-sac street it is close to Mira Catalina Elementary School, UCLA South Bay, Trump Golf Course, Terranea Resort, Cabrillo Beach and Marina and Freeway access. Tour this home today to appreciate all its unique details.

Last Agent to Sell the Property

Cameron Stearns

Compass Brokerage Phone: 310-872-8785 License #01920602 Listed on: 03/22/2024

Compass

Co-Listed By

Janet Stearns

Compass Brokerage Phone: 310-872-8785 License #01851243

Last Buyer's Agent

Cameron Stearns

Compass Brokerage Phone: 310-872-8785 License #01920602 Listed on: 03/22/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,319

Year Built

  • Built in 1976

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Sprinkler System
  • Garden
  • Back Yard
  • Property is zoned RPRS20000*

Parking

  • 3 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Three Garage Doors
  • Circular Driveway
  • Combination Of Materials Used In The Driveway
  • RV Access or Parking

Property Views

  • Ocean
  • Catalina

Home Design

  • English Architecture
  • Entry on the 1st floor

Interior Spaces

  • 4,750 Sq Ft Home
  • 1-Story Property
  • Bar
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Sauna
  • Pull Down Stairs to Attic
  • Intercom
  • Laundry Room

Kitchen

  • Country Kitchen
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Fireplace in Kitchen

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Mira Catalina Elementary School
  • Miraleste Middle School
  • Palos Verdes High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • Brick Porch or Patio
  • Suburban Location
  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 20690
  • Assessor Parcel Number 7566019009

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,319

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: OfficeCall/Text
  • Other Phone Number: 424-241-3311
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS20000*
  • Architectural Style: English
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7566019009
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4750.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Granite Counters, Intercom, Pull Down Stairs to Attic
  • Stories: 1
  • Entry Location: 1st Floor
  • Common Walls: No Common Walls
  • Flooring: Brick, Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen, Dining Room, Country Kitchen
  • Entry Level: 1
  • Fireplace Features: Den, Kitchen, Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 652.63
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Sauna
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath
  • Room Kitchen Features: Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • View: Catalina, Ocean
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Direct Garage Access, Driveway - Combination, Garage - Three Door, RV Access/Parking
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Mira Catalina
  • Middle School: Miraleste
  • High School: Palos Verdes
  • Elementary School: Mira Catalina
  • High School: Palos Verdes
  • Middle Or Junior School: Miraleste
  • Elementary School #2: MIRCAT
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Back Yard, Cul-De-Sac, Garden, Sprinkler System
  • Lot Size Sq Ft: 20401.00
  • Lot Size Acres: 0.4683
  • Latitude Manual: 33.74139700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20401.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6707.02
  • Tax Lot: 3
  • Tax Tract Number: 20690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 6, 2024
Sold by
Gibbs Family Trust and Gibbs Meredith L
Bought by
Schaaf Robert P and Schaaf Jannine Y
Seller's Agent
Cameron Stearns
Compass
Buyer's Agent
Cameron Stearns
Compass
List Price
$3,300,000
Sold Price
$3,100,000
Premium/Discount to List
-$200,000
-6.06%
Views
57
Current Estimated Value
$3,082,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,747
Avg. Annual Appreciation
-0.12%
Original Mortgage
$1,550,000
Outstanding Balance
$1,532,288
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$1,562,951

Purchase Details

Closed on
Mar 10, 2022
Sold by
Gibbs Family Trust
Bought by
Gibbs Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,400,000
Interest Rate
3.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schaaf Robert P $3,100,000 Consumers Title Company
Gibbs Family Trust -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Robert P $1,550,000
Previous Owner Gibbs Family Trust $14,400,000
Previous Owner Gibbs Thomas E $1,150,000
Previous Owner Gibbs Thomas E $125,000
Previous Owner Gibbs Thomas E $500,000
Previous Owner Gibbs Thomas E $1,000,000
Previous Owner Gibbs Thomas E $475,000
Previous Owner Gibbs Thomas E $75,000
Previous Owner Gibbs Thomas E $250,000
Previous Owner Gibbs Thomas E $750,000
Previous Owner Gibbs Thomas E $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $3,100,000 -6.1% $653 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $3,300,000 -- $695 / 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 $12,319 $3,162,000 $2,159,544 $1,002,456
2024 $12,319 $1,025,410 $266,022 $759,388
2023 $12,052 $1,005,305 $260,806 $744,499
2022 $11,455 $985,594 $255,693 $729,901
2021 $11,386 $966,270 $250,680 $715,590
2019 $10,895 $937,612 $243,246 $694,366
2018 $10,676 $919,228 $238,477 $680,751
2016 $10,105 $883,534 $229,217 $654,317
2015 $10,164 $870,263 $225,774 $644,489
2014 $10,036 $853,217 $221,352 $631,865
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24057227

California Regional Multiple Listing Service (CRMLS)

APN: 7566-019-009