NOT LISTED FOR SALE

Estimated Value: $635,648 - $743,000

2 Beds
2 Baths
1,131 Sq Ft
$503/mo HOA Fee

Last Sold September 27, 2021

Last sale price $550,000 $486 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,700/month

12 Days on Market

Highlights

  • Fitness Center
  • 9.96 Acre Lot
  • Community Pool
  • Rancho Vista Elementary School Rated A+
  • Clubhouse
  • Tennis Courts

About This Home

As of September 2021

Are you looking to send your kids to the Palos Verdes School District? Or maybe just wanting to live in the Palos Verdes Area without breaking the bank? Located next to the South Coast Botanic Gardens, this 2 bed 2 bath condo is the PERFECT starter home for anyone wanting to live in a quiet, highly desired area - at an affordable price. This condo offers 2 assigned parking spaces (one covered carport and one garage with secured gate and elevator access) and plenty of additional parking along the side of the condo. This unit is one of the few available with a larger layout featuring a bar and fireplace in the condominium. There are TWO living spaces and an upgraded open-style kitchen. The living room leads out to a private balcony, also connected to the two bedrooms. Enjoy everything the Estates has to offer after a long day's work like the pool, tennis courts, gym, and clubhouse. This home won't last. Bring your best offer.

Last Agent to Sell the Property

Malinda Yuhas

Kaji & Associates License #01817082 Listed on: 08/18/2021

Co-Listed By

Malinda Yuhas

Kaji & Associates License #02095153

Last Buyer's Agent

Gerry Feeney

Realty ONE Group United License #02095931

Realty ONE Group United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,555

Year Built

  • Built in 1973

Lot Details

  • 9.96

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,131 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Rain Gutters
  • Two or More Common Walls

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 32133
  • Assessor Parcel Number 7548021031
  • $824 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 300 Units
  • The Estates Association, Phone Number (310) 543-1995
  • Horizon HOA
  • Maintained Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,555

Year Built

Built in 1973

Lot Details

0

HOA Fees

$503 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: THE ESTATES
  • View: No
  • Zoning: LCR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7548021031
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1131.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 486.30
  • Room Type: Family Room, Living Room

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Gym/Ex Room, Clubhouse, Earthquake Insurance, Insurance, Maintenance Grounds, Trash
  • Association Fee: 502.90
  • Association Fee Frequency: Monthly
  • Association Name: The Estates
  • Phone: 3105431995
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters
  • Association Management: Horizon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 433780.00
  • Lot Size Acres: 9.9582

Multi Family

  • Lease Considered: No
  • Lot Size Area: 433780.0000 Square Feet
  • Number Of Units In Community: 300
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6702.01
  • Tax Lot: 1
  • Tax Tract Number: 32133
  • TaxOtherAnnualAssessmentAmount: 824.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2002
Sold by
Lee Thomas and Lee Thomas E
Bought by
Preyer Jeff A and Preyer Deanne L
Current Estimated Value
$678,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,300
Outstanding Balance
$102,222
Interest Rate
5.86%
Estimated Equity
$575,940

Purchase Details

Closed on
Jul 25, 1998
Sold by
Bakshi Bahram Ghafuri and Sotoodeh Marjan
Bought by
Lee Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 23, 1996
Sold by
Leamy Brian W and Leamy Mayon Vini
Bought by
Bakshi Bahram Ghafuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,650
Interest Rate
7.97%
Mortgage Type
FHA
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
Preyer Jeff A $277,000 Fidelity National Title Co
Lee Thomas E $178,000 South Coast Title
Bakshi Bahram Ghafuri $155,000 Commonwealth Land Title Co
Bakshi Bahram Ghafuri -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preyer Jeff A $249,300
Previous Owner Lee Thomas E $142,400
Previous Owner Bakshi Bahram Ghafuri $148,650
Closed Lee Thomas E $26,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $550,000 -6.6% $486 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $588,888 -- $521 / 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 $7,555 $583,662 $363,038 $220,624
2024 $7,106 $572,219 $355,920 $216,299
2023 $7,003 $561,000 $348,942 $212,058
2022 $6,658 $550,000 $342,100 $207,900
2021 $4,810 $370,618 $212,070 $158,548
2019 $4,606 $359,628 $205,781 $153,847
2018 $4,572 $352,578 $201,747 $150,831
2016 $4,328 $338,889 $193,914 $144,975
2015 $4,282 $333,800 $191,002 $142,798
2014 $4,229 $327,262 $187,261 $140,001
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: SB21182373

California Regional Multiple Listing Service (CRMLS)

APN: 7548-021-031