NOT LISTED FOR SALE

Estimated Value: $2,499,000 - $2,736,890

4 Beds
3 Baths
2,406 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $2,812,500 $1,169 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $15,868/month

6 Days on Market

Highlights

  • Horse Property Unimproved
  • Primary Bedroom Suite
  • Updated Kitchen
  • Rancho Vista Elementary School Rated A+
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of August 2022

Located in the highly sought after neighborhood of Masongate this magnificent and unusual almost completely flat 1/2 acre lot offers a charming completely updated one level ranch home with spacious open floor plan. Enter into the formal living and dining room with open beam ceilings, hardwood floors, and fireplace. Elegant and spacious remodeled kitchen with large granite center island, stainless steel appliances, vaulted ceilings and family room located off of it. Walls of glass open to the parklike backyard. There is a large master suite and three good size bedrooms and all the bathrooms have been remodeled. Property offers sprawling lawns and room for a pool and also features a large sports court. Potential for becoming premiere horse property this property has great access for a horse trailer and hay trucks and easy access to miles of trails. This huge usable lot has so many possibilities and room for all your dream amenities! Pickleball, Bocci Ball, Putting Green? You got room! Best of all is the outstanding location of the Masongate Community. Bike to the beach, easy access to all the local restaurants and shopping in Peninsula Center, quick access off the hill for commuters and of course the award winning Palos Verdes School District which is always ranked top in the State of California.

Last Agent to Sell the Property

Suzanne Dyer

Strand Hill Properties License #01054310 Listed on: 07/02/2022

Last Buyer's Agent

Kathleen Huber

L.C. Huber & Assoc. Inc. License #00595279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,772

Year Built

  • Built in 1959

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2,406 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Views of Woods
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Additional Features

  • Patio
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 23223
  • Assessor Parcel Number 7548002024

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,772

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7548002024
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2406.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1168.95
  • Room Type: All Bedrooms Down, Entry, Family Room, Jack & Jill, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Horse Property Unimproved, Landscaped, Lawn, Lot 20000-39999 Sqft, Level, Yard
  • Lot Size Sq Ft: 21880.00
  • Lot Size Acres: 0.5023

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21880.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 23223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 30, 2022
Sold by
Lee Sam D and Lee Jumie
Bought by
2004 Boyd Family Trust
Seller's Agent
Suzanne Dyer
Strand Hill Properties
Buyer's Agent
Kathleen Huber
L.C. Huber & Assoc. Inc.
List Price
$2,849,000
Sold Price
$2,812,500
Premium/Discount to List
-$36,500
-1.28%
Views
1
Current Estimated Value
$2,581,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$230,527
Avg. Annual Appreciation
-2.19%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Bocchino Gary J and Bocchino Polly Clute
Bought by
Lee Sam D and Lee Jumie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1998
Sold by
Waters Thomas G
Bought by
Bocchino Gary J and Bocchino Polly Clute

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.85%
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
2004 Boyd Family Trust $2,812,500 First American Title Company O
Lee Sam D -- Lawyers Title
Bocchino Gary J $525,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Sam D $1,148,000
Previous Owner Lee Sam D $625,000
Previous Owner Lee Sam D $729,000
Previous Owner Lee Sam D $729,750
Previous Owner Lee Sam D $729,750
Previous Owner Bocchino Gary J $275,000
Previous Owner Bocchino Gary J $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $2,812,500 -1.3% $1,169 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $2,849,000 -- $1,184 / 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 $20,772 $1,846,613 $853,874 $992,739
2024 $20,772 $1,810,406 $837,132 $973,274
2023 $20,433 $1,774,909 $820,718 $954,191
2022 $16,652 $1,483,783 $1,045,832 $437,951
2021 $16,592 $1,454,690 $1,025,326 $429,364
2020 $16,362 $1,439,775 $1,014,813 $424,962
2019 $15,864 $1,411,545 $994,915 $416,630
2018 $15,740 $1,383,868 $975,407 $408,461
2016 $14,938 $1,330,132 $937,532 $392,600
2015 $14,788 $1,310,153 $923,450 $386,703
2014 $14,583 $1,284,490 $905,361 $379,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22144827

California Regional Multiple Listing Service (CRMLS)

APN: 7548-002-024