NOT LISTED FOR SALE

3528 Newridge Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,375,000 - $2,691,000

4 Beds
3 Baths
4,614 Sq Ft
$546/Sq Ft Est. Value

Last Sold December 24, 2018

Last sale price $1,480,000 $321 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $15,308/month

201 Days on Market

Highlights

  • Ocean View
  • Solar Power System
  • Fireplace in Primary Bedroom
  • Mira Catalina Elementary School Rated A+
  • Primary Bedroom Suite
  • Traditional Architecture

About This Home

As of December 2018

Amazing Views, Amazing Space, Amazing Value with this Turnkey Chester Smith custom home located on a quiet cul de sac drive in Rancho Palos Verdes. The panoramic views stretch from the LA and Long Beach harbors to the mountains to the ocean and down the Orange County coastline. Enter this beautiful home through double doors that lead you to first of two family rooms with adjoining game room and full service wet bar, two bedrooms and a fully family bathroom, a workshop and/or office space, and full laundry room with additional storage and sink. Follow the beautiful oak staircase up to the second level of the home featuring Master Suite with walk-in closet, remote controlled fireplace and En-Suite bath, additional bedroom or office, spacious living area, separate formal dining room, the second family room with fireplace and open concept to island kitchen & additional eating area. Enjoy the views from the walls of windows form most every room upstairs, or dine al fresco from one to the two terraces. The home boasts three fireplaces, high ceilings, central heat and air conditioning, many green features including electronically controlled exterior shutters, solar panels, and tankless water heater. Local schools with the highest ratings, excellent walking score, and did I mention the Views!!

Last Agent to Sell the Property

Speedy Watson

First Team Real Estate License #00614328 Listed on: 05/14/2018

First Team Real Estate

Last Buyer's Agent

David Schwartz

Keller Williams Palos Verdes License #01496047

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,881

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Masonry wall
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned RPRS20000*

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Up Slope from Street
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 4,614 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Game Room with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Terrace
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 27625
  • Assessor Parcel Number 7566018011

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,881

Year Built

Built in 1988

Lot Details

0

HOA Fees

$7 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RPRS20000*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7566018011
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4614.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Game Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 320.76
  • Room Type: Bonus Room, Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Harbor, Neighborhood, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Masonry, Wood
  • Patio And Porch Features: Covered, Terrace
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 80.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Up Slope from Street, Walkstreet
  • Lot Size Sq Ft: 12260.00
  • Lot Size Acres: 0.2815

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12260.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6707.02
  • Tax Lot: 63
  • Tax Tract Number: 27625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2020
Sold by
Raza Syed Ahmer and Naqvi Sara Wazir
Bought by
Raza Syed Ahmer and Naqvi Sara Wazir
Current Estimated Value
$2,519,445

Purchase Details

Closed on
Apr 20, 2018
Sold by
Venardi Matthew S and Venardi Raygen P
Bought by
Raza Syed Ahmer and Naqvi Sara Wzir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,184,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2018
Sold by
Venardi Matthew S and Vernrdi Raygena P
Bought by
Venardi Matthew S and Venardi Raygena P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,184,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2017
Sold by
Venardi Matthew Scott
Bought by
Venardi Matthew S and Venardir Raygena P

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 26, 2014
Sold by
Us Property Investment Group Inc
Bought by
Venardi Matthew Scott and Venardi Raygena Pence
Seller's Agent
John Rowland
Buena Vista Realty Advisors
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,374,999
Sold Price
$1,400,000
Premium/Discount to List
$25,001
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%

Purchase Details

Listed on
Oct 31, 2012
Closed on
Aug 6, 2013
Sold by
Simmons Mark A
Bought by
Us Property Investment Group Inc and Lots O Land Inc
Seller's Agent
Tamara Gordon
First Team Real Estate
Buyer's Agent
EDWIN HERNANDEZ
300 REALTY
List Price
$1,399,000
Sold Price
$1,224,000
Premium/Discount to List
-$175,000
-12.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%

Purchase Details

Listed on
Oct 31, 2012
Closed on
Apr 26, 2013
Sold by
Higa Jo Anne
Bought by
Simmons Mark A and Crowell Esther Lois
Seller's Agent
Tamara Gordon
First Team Real Estate
Buyer's Agent
EDWIN HERNANDEZ
300 REALTY
List Price
$1,399,000
Sold Price
$1,224,000
Premium/Discount to List
-$175,000
-12.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1999
Sold by
Ebba Robert J
Bought by
Higa Ebba Jo Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Higa Jo Anne and Jo Anne Higa Ebba Revocable Tr
Bought by
Higa Ebba Jo Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1997
Sold by
Higa Jo Anne Fujiko
Bought by
Higa Jo Anne and Jo Anne Higa Ebba Revocable Trust

Purchase Details

Closed on
Jul 2, 1997
Sold by
Ebba Robert J
Bought by
Higa Jo Anne Fujiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
3.95%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Pedretti Trust Pedretti John C And Billye L T
Bought by
Higa Jo Anne Fujiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
3.95%

Purchase Details

Closed on
Feb 2, 1995
Sold by
Pedretti John Constante and Pedretti Billye Lee
Bought by
Pedretti John Constance

Purchase Details

Closed on
Nov 9, 1994
Sold by
Pedretti John Constante and Pedretti Billye Lee
Bought by
Pedretti John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%

Purchase Details

Closed on
Mar 31, 1994
Sold by
Pedretti John C and Pedretti Billye L
Bought by
Pedretti John Constante
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
Raza Syed Ahmer -- None Available
Raza Syed Ahmer -- None Available
Raza Syed Ahmer $1,480,000 Stewart Title Of California
Venardi Matthew S -- Stewart Title Of California
Venardi Matthew S -- None Available
Venardi Matthew Scott $1,400,000 Ticor Title Co
Us Property Investment Group Inc -- None Available
Simmons Mark A $1,224,000 Old Republic Title Company
Higa Ebba Jo Anne -- Guardian Title Company
Higa Ebba Jo Anne -- Guardian Title Company
Higa Jo Anne -- --
Higa Jo Anne -- --
Higa Jo Anne Fujiko -- Fidelity National Title Ins
Higa Jo Anne Fujiko $670,000 Fidelity National Title Co
Pedretti John Constance -- --
Pedretti John C -- First American Title Company
Pedretti John Constante -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raza Syed Ahmer $1,177,000
Closed Raza Syed Ahmer $1,184,000
Closed Raza Dyed Ahmer $184,000
Previous Owner Raza Syed Ahmer $1,184,000
Previous Owner Simmons Mark A $1,125,000
Previous Owner Ebba Jo Anne Higa $395,000
Previous Owner Higa Jo Anne $396,800
Previous Owner Higa Ebba Jo Anne $410,000
Previous Owner Higa Ebba Jo Anne $410,000
Previous Owner Higa Jo Anne Fujiko $536,000
Previous Owner Pedretti John C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2018 12/24/18 Sold $1,480,000 -1.2% $321 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
11/06/2018 11/06/18 Price Changed $1,497,500 -6.3% $325 / Sq Ft
06/25/2018 06/25/18 Price Changed $1,599,000 -5.3% $347 / Sq Ft
05/14/2018 05/14/18 For Sale $1,688,000 +20.6% $366 / Sq Ft
04/08/2014 04/08/14 Sold $1,400,000 +1.8% $303 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/16/2014 02/16/14 Price Changed $1,375,000 0.0% $298 / Sq Ft
02/14/2014 02/14/14 For Sale $1,374,999 +12.3% $298 / Sq Ft
06/21/2013 06/21/13 Sold $1,224,000 -5.8% $265 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
01/30/2013 01/30/13 Price Changed $1,299,000 -7.1% $282 / Sq Ft
10/31/2012 10/31/12 For Sale $1,399,000 -- $303 / 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 $18,881 $1,650,963 $1,009,988 $640,975
2024 $18,881 $1,618,592 $990,185 $628,407
2023 $18,571 $1,586,856 $970,770 $616,086
2022 $17,589 $1,555,742 $951,736 $604,006
2021 $17,512 $1,525,238 $933,075 $592,163
2019 $16,821 $1,480,000 $905,400 $574,600
2018 $17,193 $1,508,314 $796,929 $711,385
2016 $16,309 $1,449,746 $765,984 $683,762
2015 $16,258 $1,427,971 $754,479 $673,492
2014 $14,275 $1,229,556 $701,671 $527,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18107604

California Regional Multiple Listing Service (CRMLS)

APN: 7566-018-011