NOT LISTED FOR SALE

Estimated Value: $1,754,000 - $2,031,566

3 Beds
2 Baths
1,637 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,649,000 $1,007 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,816/month

14 Days on Market

Highlights

  • City Lights View
  • Property is near a park
  • Granite Countertops
  • Silver Spur Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of August 2022

Silver Spur one-level home with a spectacular city view on a serene and desirable neighborhood of Rollingwood. ¼ acre plus lot, with an enormous circular driveway, spacious enough for 8+ cars. Detached 2-car garage with automatic roll up door. Stroll through a small gateway into a paved private courtyard with city view. Double-door entry front door leads to an inviting warm interior with closets on either side. Living room with vaulted wood beam ceiling, windows overlooking the front courtyard and open backyard, and remote-controlled ceiling fan. Kitchen with recessed lights, granite countertop, motion-activated faucet, and washer-dryer hookup. Family room with backyard-facing large windows on one side, vaulted wood beam ceiling, gas fireplace, upgraded light fixture and remote-controlled ceiling fan. Stunning 180-degree city view from living room, kitchen, dining area, family room, and backyard. Upgraded dual entry hallway bathroom with newer vanity and bathtub. Hallway flanked with closets on either side. 2 good-size bedrooms with recessed lights. Spacious primary suite with large window and attached bathroom with dual sinks and tub. Large backyard with property line extending beyond low retaining wall, boasting of sensational city lights view. Milgard dual-pane windows throughout. Includes solar panels, owned free and clear. Friendly and welcoming neighborhood within boundaries of award-winning Silver Spur Elementary, Palos Verdes Intermediate, and PV/Peninsula High Schools. Mid-century home originally designed by award-winning Southern California architect Edward Thickett.

Last Agent to Sell the Property

Becky Park

Peninsula Realty, Inc. License #01404867 Listed on: 06/30/2022

Last Buyer's Agent

Andrew Grad

Resident Group License #01929841

Resident Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,460

Year Built

  • Built in 1956

Lot Details

  • 0.31 Acre Lot
  • Back Yard
  • Property is zoned RERA10000*

Parking

  • 2 Car Garage
  • Parking Available
  • Circular Driveway
  • RV Potential

Home Design

  • Raised Foundation

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room
  • Family or Dining Combination
  • City Lights Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Schools

  • Silver Spur Elementary School
  • Palos Verdes Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Brick Porch or Patio
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 21270
  • Assessor Parcel Number 7576004007

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,460

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RERA10000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7576004007
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1637.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1007.33
  • Room Type: Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: City Lights
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Silver Spur
  • Middle School: Palos Verdes
  • High School: Palos Verdes Peninsula
  • Elementary School: Silver Spur
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: SILSPU
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Park Nearby
  • Lot Size Sq Ft: 13284.00
  • Lot Size Acres: 0.3050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13284.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6702.02
  • Tax Lot: 20
  • Tax Tract Number: 21270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 26, 2022
Sold by
Jonathan Hwang
Bought by
Lai Living Trust
Seller's Agent
Becky Park
Peninsula Realty, Inc.
Buyer's Agent
Andrew Grad
Resident Group
List Price
$1,649,000
Sold Price
$1,649,000
Current Estimated Value
$1,874,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,642
Avg. Annual Appreciation
2.77%
Original Mortgage
$989,400
Outstanding Balance
$945,633
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$846,360

Purchase Details

Closed on
Mar 31, 2020
Sold by
Duraiswamy Kandaswamy and Duraiswamy Vijayalakshmi D
Bought by
Hwang Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2020
Sold by
Duraiswamy K K and Duraiswamy Vijayalakshmi D
Bought by
Duraiswamy Kandaswamy and Duraiswamy Vijayalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2002
Sold by
Duraiswamy Kumaran N
Bought by
Duraiswamy K and Duraiswamy Vijayalakshmi D

Purchase Details

Closed on
Jul 7, 1997
Sold by
Davis Kenneth L
Bought by
Duraiswamy Kumaran N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,337
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lai Living Trust $1,649,000 New Title Company Name
Hwang Jonathan $1,050,000 Fidelity National Title
Liwang Jonathan -- Fidelity National Title
Duraiswamy Kandaswamy $1,050,000 Accommodation
Duraiswamy Kandaswamy -- Accommodation
Duraiswamy K -- Chicago Title Co
Duraiswamy Kumaran N $360,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Living Trust $989,400
Previous Owner Hwang Jonathan $100,000
Previous Owner Hwang Jonathan $689,000
Previous Owner Hwang Jonathan $690,000
Previous Owner Duraiswamy Kumaran N $248,337
Previous Owner Davis Kenneth L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $1,649,000 0.0% $1,007 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $1,649,000 0.0% $1,007 / Sq Ft
07/27/2012 07/27/12 Rented $3,300 -2.9% --
07/27/2012 07/27/12 Under Contract -- -- --
07/22/2012 07/22/12 For Rent $3,400 -- --
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 $19,460 $1,715,618 $1,372,495 $343,123
2024 $19,460 $1,681,980 $1,345,584 $336,396
2023 $19,091 $1,649,000 $1,319,200 $329,800
2022 $12,431 $1,082,094 $865,676 $216,418
2021 $12,381 $1,060,877 $848,702 $212,175
2020 $6,687 $525,595 $420,483 $105,112
2019 $6,497 $515,290 $412,239 $103,051
2018 $6,331 $505,187 $404,156 $101,031
2016 $5,997 $485,571 $388,463 $97,108
2015 $5,934 $478,278 $382,628 $95,650
2014 $5,863 $468,910 $375,133 $93,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22142328

California Regional Multiple Listing Service (CRMLS)

APN: 7576-004-007