NOT LISTED FOR SALE

Estimated Value: $2,859,483 - $3,546,000

4 Beds
2 Baths
2,490 Sq Ft
$1,296/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $2,600,000 $1,044 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $20,545/month

15 Days on Market

Highlights

  • Ocean View
  • Horse Property Unimproved
  • Open Floorplan
  • Dapplegray Elementary School Rated A+
  • Gated with Attendant
  • Midcentury Modern Architecture

About This Home

As of February 2022

Located in the equestrian gated City of Rolling Hills, this 1.4 acre property is located on a gently sloped lot with unobstructed views of the Pacific Ocean and Catalina Island. This exclusive community boasts hiking and horse-riding trails, tennis courts and 24-hour guarded entrances.

This lot has street frontage of 134 ft by 400 ft deep with the lower portion of the property accessible off of Cinchring Road. There is the possibility to build corral/barn or plant a small vineyard/orchard. Located on a quiet cul-de-sac, this mid-century ranch-style home was built in 1951 and is in need of major repair. First time on the market in several decades. Build your own custom estate so that you can enjoy seclusion and serenity with views of glorious sunsets over the Pacific.

Last Agent to Sell the Property

Damira Bacic

Damira Bacic License #00915205 Listed on: 01/04/2022

Last Buyer's Agent

Dragana Popovic

Keller Williams Larchmont License #01970876

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,699

Year Built

  • Built in 1951

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 140x400
  • Property fronts a private road
  • Fenced
  • Needs Fence Repair
  • Rectangular Lot
  • Gentle Sloping Lot
  • Value in Land
  • Property is zoned RHRAS1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Canyon

Home Design

  • Midcentury Modern Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Shake Roof

Interior Spaces

  • 2,490 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Air
  • Private Water Source
  • Sewer Not Available

Additional Features

  • Accessible Parking
  • Pasture
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 6705
  • Assessor Parcel Number 7567017033
  • $2,022 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Rolling Hills Association, Phone Number (310) 544-6222

Recreation

  • Tennis Courts
  • Horse Trails
  • Hiking Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,699

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant
  • View: Yes
  • Zoning: RHRAS1
  • Architectural Style: Mid Century Modern, Ranch
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7567017033
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2490.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1044.18
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: Canyon, Catalina, Ocean
  • Fence: Yes
  • Fencing: Needs Repair
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Shake

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Not Available
  • Laundry: Yes
  • Laundry Features: Washer Hookup, Washer Included
  • Sewer: None
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Hiking Trails, Horse Trails, Guard, Security
  • Association Fee: 0.20
  • Association Fee Frequency: Semi-Annually
  • Association Name: Rolling Hills
  • Phone: 3105446222
  • Senior Community: No
  • Community Features: Horse Trails
  • Association Management: Rolling Hills

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property Unimproved, Lot Over 40000 Sqft, Rectangular Lot, Pasture, Value In Land
  • Lot Size: 140X400
  • Lot Size Sq Ft: 61721.00
  • Lot Size Acres: 1.4169

Multi Family

  • Lease Considered: No
  • Lot Size Area: 61721.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6705.00
  • Tax Lot: 11
  • Tax Tract Number: 6705
  • TaxOtherAnnualAssessmentAmount: 2022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 23, 2022
Sold by
Hankins Family Trust
Bought by
Hankins Family Trust
Seller's Agent
Damira Bacic
Damira Bacic
Buyer's Agent
Dragana Popovic
Keller Williams Larchmont
List Price
$3,000,000
Sold Price
$2,600,000
Premium/Discount to List
-$400,000
-13.33%
Current Estimated Value
$3,226,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,621
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Feb 23, 2020
Sold by
Hankins Family Trust
Bought by
Lukic Jennifer Margaret and Lukic Nebojsa

Purchase Details

Closed on
Sep 29, 2005
Sold by
Hankins Lewis D and Hankins Evelyn L
Bought by
Hankins Lewis Daniel and Hankins Evelyn L

Purchase Details

Closed on
Feb 3, 1994
Sold by
Rolling Hills Community Assn
Bought by
Hankins Lewis D and Hankins Evelyn L
Source: Public Records

Range of Values:

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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
Hankins Family Trust -- Fidelity National Title
Lukic Jennifer Margaret $2,600,000 Fidelity National Title
Hankins Lewis Daniel -- --
Hankins Lewis D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,600,000 -13.3% $1,044 / Sq Ft
01/04/2022 01/04/22 For Sale $3,000,000 -- $1,205 / 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
2024 $32,699 $2,705,040 $1,768,680 $936,360
2023 $31,325 $2,652,000 $1,734,000 $918,000
2022 $4,092 $198,627 $112,019 $86,608
2021 $5,073 $194,733 $109,823 $84,910
2019 $3,928 $188,959 $106,566 $82,393
2018 $3,793 $185,255 $104,477 $80,778
2016 $3,622 $178,064 $100,421 $77,643
2015 $3,596 $175,390 $98,913 $76,477
2014 $3,600 $171,955 $96,976 $74,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22000719

California Regional Multiple Listing Service (CRMLS)

APN: 7567-017-033