NOT LISTED FOR SALE

Estimated Value: $2,614,954 - $3,244,000

5 Beds
5.5 Baths
4,354 Sq Ft
$697/Sq Ft Est. Value

Highlights

  • Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Montemalaga Elementary School Rated A+
  • Maid or Guest Quarters
  • Property is near a park

About This Home

As of December 2017

This elegant home located on a quiet cul-de-sac in the prestigious Wallace Ranch neighborhood of Rancho Palos Verdes has 5 bedrooms and 6 baths with 4354 square feet. The main level features the living room, dining room, family room, kitchen, master bedroom suite, guest or maid's room with bath and laundry room. The lower level features three bedrooms with en-suite bathrooms and a great room leading to the backyard. The large kitchen has three ovens, two dishwashers, loads of counter space and opens to the family room. The veranda that spans the back of the upper level is accessible through French doors off the main rooms. There are four fireplaces: In the living room, family room, master bedroom and great room. The spacious rear yard has a large covered patio and plenty of room for entertaining. There are low maintenance tile and wood floors throughout. Centrally located near the Peninsula Center, The Avenues, award-winning schools and Highridge Park, this home has loads of appeal!

Last Agent to Rent the Property

The Tyndall Team

Estate Properties License #00856344 Listed on: 11/06/2017

Estate Properties

Last Renter's Agent

Cindy Chew

Estate Properties License #00868304

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,480

Year Built

  • Built in 1990

Lot Details

  • 10,045 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Private Yard
  • Back Yard
  • Property is zoned RPRS10000*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,354 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Recessed Lighting
  • Custom Window Coverings
  • Double Door Entry
  • French Doors
  • Panel Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Den with Fireplace
  • Storage
  • Laundry Room
  • Center Hall

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Bidet
  • Bathtub with Shower
  • Spa Bath
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Balcony
  • Wrap Around Porch
  • Patio
  • Terrace
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Wallace Ranch Association

Listing and Financial Details

  • Security Deposit $11,000
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 11/6/17
  • Tax Lot 8
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585013013

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,480

Year Built

Built in 1990

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-11-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 11000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Other Phone Description: Co-Agent:Rachel
  • Other Phone Number: 310 872-6358
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: RPRS10000*
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7585013013
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4354.00 Square Feet
  • Interior Amenities: Balcony, Bar, Granite Counters, Living Room Deck Attached, Recessed Lighting, Storage, Unfurnished, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Den, Family Room, Living Room, Master Bedroom
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.26
  • Room Type: Center Hall, Entry, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Suite, Retreat, Separate Family Room, Walk-In Closet
  • Spa Features: Bath
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Terrace, Wrap Around
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Range, Microwave, Refrigerator, Trash Compactor, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Wallace Ranch
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Level with Street, Lot 10000-19999 Sqft, Park Nearby, Yard
  • Lot Size Sq Ft: 10045.00

Multi Family

  • First Repairs: 75
  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 8
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Dmrsmr Llc
Bought by
Smr 1 Llc
Current Estimated Value
$3,034,989

Purchase Details

Closed on
Jan 23, 2013
Sold by
Reddy Sudhakar M and Reddy Childrens Trust
Bought by
Dmrsmr Llc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Reddy Devender M and Reddy Suguna M
Bought by
Reddy Sudhakar M and Reddy Childrens Trust

Purchase Details

Closed on
Aug 12, 2010
Sold by
Reddy Devender and Reddy Suguna
Bought by
Reddy Devender M and Reddy Suguna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2000
Sold by
Reddy Devender M and Reddy Suguna M
Bought by
Reddy Devender M and Reddy Suguna M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smr 1 Llc -- None Listed On Document
Dmrsmr Llc -- None Available
Reddy Sudhakar M -- None Available
Reddy Devender M -- Accommodation
Reddy Devender -- First American Title Company
Reddy Devender M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smr 1 Llc $1,720,000
Previous Owner Reddy Devender $417,000
Previous Owner Reddy Devender M $730,000
Previous Owner Reddy Devender M $748,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2017 12/17/17 Rented $5,500 0.0% --
11/06/2017 11/06/17 For Rent $5,500 -5.2% --
08/29/2016 08/29/16 Rented $5,800 -3.3% --
08/02/2016 08/02/16 For Rent $6,000 +3.4% --
02/13/2015 02/13/15 Rented $5,800 -20.0% --
01/14/2015 01/14/15 Under Contract -- -- --
10/03/2014 10/03/14 For Rent $7,250 -- --
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 $20,480 $1,799,208 $811,672 $987,536
2024 $20,480 $1,763,930 $795,757 $968,173
2023 $31,521 $2,779,500 $2,085,900 $693,600
2022 $20,229 $1,804,418 $1,392,479 $411,939
2021 $20,153 $1,769,038 $1,365,176 $403,862
2019 $19,270 $1,716,569 $1,324,685 $391,884
2018 $19,114 $1,682,911 $1,298,711 $384,200
2016 $18,143 $1,617,564 $1,248,282 $369,282
2015 $18,054 $1,593,268 $1,229,532 $363,736
2014 $17,797 $1,562,059 $1,205,448 $356,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17251392

California Regional Multiple Listing Service (CRMLS)

APN: 7585-013-013