Seller's Agent in 2023
Maggie Ding
Compass
(310) 345-0075
25 in this area
282 Total Sales
49 Oceanaire Dr Rancho Palos Verdes, CA 90275
Estimated Value: $2,776,369 - $3,305,000
4
Beds
2.5
Baths
2,816
Sq Ft
$1,059/Sq Ft
Est. Value
Highlights
- Ocean View
- 1.35 Acre Lot
- Walk-In Closet
- Vista Grande Elementary Rated A+
- No HOA
- Laundry Room
About This Home
As of September 2023VIEWS! VIEWS! VIEWS! Amazing estate on over an acre with unobstructed Ocean and Catalina Island view. This beautiful ONE LEVEL home is located in the prestigious Del Cerro neighborhood. The breathtaking ocean views can be seen from all living spaces as well as the master bedroom! Huge kitchen with large granite counter tops opens to breakfast area and family room with fireplace. Home boasts 4 bedrooms, 2.5 bathrooms, separate dining room, family room, and a living room. Large master suite with walk-in and wall to wall closets, French doors lead to backyard. Large master bathroom. Living room with large custom bookcases, and fireplace opens to backyard. Newer painted interior. High ceilings and A/C, Great location close to parks, trails, award winning Palos Verdes Schools. 3 car garage. One garage space has been converted/ finished and can be used for an office, gym, playroom or art studio.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,044
Year Built
- Built in 1962
Lot Details
- 1.35 Acre Lot
- Paved or Partially Paved Lot
- Front Yard
- Property is zoned RPRS20000-OH*
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
Property Views
- Ocean
- Catalina
Interior Spaces
- 2,816 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
Schools
- Vista Grande Elementary School
- Ridgecrest Middle School
- Peninsula High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 24817
- Assessor Parcel Number 7581028030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Aug 9, 2023
Sold by
Kwon Revocable Living Trust
Bought by
Shi Mingxin
Seller's Agent
Maggie Ding
Compass
Buyer's Agent
An Feng
Balboa Real Estate, Inc.
List Price
$2,450,000
Sold Price
$2,650,000
Premium/Discount to List
$200,000
8.16%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,342
Avg. Annual Appreciation
5.70%
Original Mortgage
$1,100,000
Outstanding Balance
$1,078,418
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,880,566
Purchase Details
Listed on
Oct 1, 2022
Closed on
Dec 6, 2022
Sold by
Kwon Revocable Living Trust
Bought by
Kwon Revocable Living Trust
Seller's Agent
Maggie Ding
Compass
Buyer's Agent
Isabella Morcos
Vista Sotheby’s International Realty
Sold Price
$7,000
Views
9
Purchase Details
Closed on
Oct 25, 2017
Sold by
Kwon Oh In
Bought by
Kwon Oh In and Kwon Young Hee
Purchase Details
Closed on
Aug 11, 2015
Sold by
Kwon Young H
Bought by
Kwon Oh In
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 1995
Sold by
Machado Joseph J and Machado Anne M
Bought by
Kwon Oh In
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,200
Interest Rate
8.9%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shi Mingxin | $2,650,000 | Lawyers Title Company | |
| Shi Mingxin | -- | Lawyers Title | |
| Kwon Revocable Living Trust | -- | -- | |
| Kwon Oh In | -- | None Available | |
| Kwon Oh In | -- | Ticor Title Co | |
| Kwon Oh In | $793,000 | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shi Mingxin | $1,100,000 | |
| Closed | Shi Mingxin | $1,100,000 | |
| Previous Owner | Kwon Oh In K | $225,000 | |
| Previous Owner | Kwon Oh In | $100,000 | |
| Previous Owner | Kwon Oh In | $624,500 | |
| Previous Owner | Kwon Oh In | $625,000 | |
| Previous Owner | Kwon Oh In | $1,335,000 | |
| Previous Owner | Kwon Oh In | $400,000 | |
| Previous Owner | Kwon Oh In | $450,000 | |
| Previous Owner | Kwon Oh In | $250,000 | |
| Previous Owner | Kwon Oh In | $475,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $2,650,000 | +8.2% | $941 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | For Sale | $2,450,000 | 0.0% | $870 / Sq Ft |
| 12/19/2022 12/19/22 | Rented | $7,000 | -6.7% | -- |
| 12/14/2022 12/14/22 | Under Contract | -- | -- | -- |
| 10/26/2022 10/26/22 | Price Changed | $7,500 | -6.3% | $3 / Sq Ft |
| 10/01/2022 10/01/22 | For Rent | $8,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $30,044 | $2,703,000 | $1,989,000 | $714,000 |
| 2024 | $30,044 | $2,650,000 | $1,950,000 | $700,000 |
| 2023 | $15,620 | $1,321,244 | $1,024,094 | $297,150 |
| 2022 | $14,792 | $1,295,338 | $1,004,014 | $291,324 |
| 2021 | $14,735 | $1,269,940 | $984,328 | $285,612 |
| 2020 | $14,531 | $1,256,919 | $974,235 | $282,684 |
| 2019 | $14,094 | $1,232,275 | $955,133 | $277,142 |
| 2018 | $13,906 | $1,208,113 | $936,405 | $271,708 |
| 2016 | $13,205 | $1,161,203 | $900,045 | $261,158 |
| 2015 | $13,288 | $1,143,762 | $886,526 | $257,236 |
| 2014 | $13,131 | $1,121,359 | $869,161 | $252,198 |
Source: Public Records
Agents Affiliated with this Home
-
Maggie Ding
-
An Feng
Buyer's Agent in 2023
An Feng
Balboa Real Estate, Inc.
(626) 283-1879
1 in this area
8 Total Sales
-
Gina Delahoussaye
Seller Co-Listing Agent in 2022
Gina Delahoussaye
Compass
(310) 567-2619
10 in this area
82 Total Sales
-
Isabella Morcos
I
Buyer's Agent in 2022
Isabella Morcos
Vista Sotheby’s International Realty
(310) 546-7561
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23132410
APN: 7581-028-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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