NOT LISTED FOR SALE

5211 Silver Arrow Dr Rancho Palos Verdes, CA 90275

Estimated Value: $1,702,000 - $1,866,000

4 Beds
2 Baths
1,834 Sq Ft
$985/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $1,805,000 $984 Per Sq Ft

Current estimated payment $11,154/month

11 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • City Lights View
  • Soleado Elementary Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of April 2024

Welcome to this special one-level ranch style home that offers a unique fusion of mid-century modern architecture and a recent renovation to give you the best of the old and the new. Upon entering the home you will immediately notice the very open floorplan and the exquisite 10" wide plank European Oak hardwood floors that have been installed throughout. Also catching your attention will be the walls of glass and vaulted ceilings that are typical of mid-century modern design. The "great room" style design includes a spacious sunlit living room that shares a two-sided fireplace with the large dining area to create simple ambiance in each space. The newly remodeled kitchen opens up to both areas and features bright white cabinetry, quartz counters and high-quality appliances that include a Bosch commercial style range and refrigerator. Another nice feature of this home is the location of the bedrooms. The primary bedroom and bathroom are located in a wing on the west side of the home while the three secondary bedrooms and guest bathroom are located in the East wing. That means privacy for the parents and the kids. Both bathrooms are a mix of some original features and some upgrades and are bright, clean and functional. Additional interior features and systems include recessed lighting, fresh paint throughout, central heat and air conditioning, dual-pane vinyl windows, new door hardware and ample built-in storage. The two car garage is where you'll find the laundry hook-ups while the large driveway provides parking for several more cars. You'll also love this one from the curb thanks to it's freshly painted exterior and professionally landscaped front yard with auto sprinklers. The lot is over 10,700 sq ft and offers not only the upper rear yard next to the home but a large sq ft lower pad that offers the potential to be improved with a pool, sports court (buyer to verify with local government agencies) or maybe just a garden with your favorite fruits and vegetables. Walkability? There are very few locations on the hill that are truly walkable but this is definitely one of them. Less than 2 blocks away are multiple shopping centers that offer dining, shopping, banking, healthcare, beauty care, live theatre and everything in between. Peninsula High School is just as close and the local internediate and elementary schools are just a short drive away. What else? How about mountain and city light views from the the main living spaces and rear yard. Don't miss it!

Last Agent to Sell the Property

Gary Krill

Compass Brokerage Phone: 310-994-3922 License #01086159 Listed on: 03/11/2024

Compass

Last Buyer's Agent

Andrew Stein

eXp Realty of California Inc License #02181763

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,737

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 10,707 Sq Ft Lot
  • Lot Dimensions are 65x171x62x167
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned RPRS8000*

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,834 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Two Way Fireplace
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 24443
  • Assessor Parcel Number 7586001011
  • $1,004 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,737

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS8000*
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7586001011
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1834.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Dining Room, Living Room, Gas Starter, See Through, Two Way
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 984.19
  • Room Type: Kitchen, Living Room, Primary Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Quartz Counters
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Concrete, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Horse Trails, Park, Watersports, Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size: 65x171x62x167
  • Lot Size Sq Ft: 10707.00
  • Lot Size Acres: 0.2458

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10707.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.17
  • Tax Lot: 57
  • Tax Tract Number: 24443
  • TaxOtherAnnualAssessmentAmount: 1004.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 16, 2024
Sold by
Silver Spur Trust and Cic Inc
Bought by
Chi Michael and Chi Jennifer
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Andrew Stein
eXp Realty of California Inc
List Price
$1,795,000
Sold Price
$1,805,000
Premium/Discount to List
$10,000
0.56%
Views
84
Current Estimated Value
$1,806,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,466
Avg. Annual Appreciation
-3.20%
Original Mortgage
$1,353,750
Outstanding Balance
$1,336,408
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$391,529

Purchase Details

Listed on
Jul 7, 2023
Closed on
Oct 26, 2023
Sold by
Afzal Massoud and Afzal Zohra
Bought by
Silver Spur Trust and Cic Inc
Seller's Agent
Suraya Aref
HomeSmart, Evergreen Realty
Buyer's Agent
Darleen Centala
First Team Real Estate
List Price
$1,795,800
Sold Price
$1,350,000
Premium/Discount to List
-$445,800
-24.82%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.69%

Purchase Details

Closed on
Dec 14, 2012
Sold by
Hamidi Homaira and Afzal Massoud
Bought by
Afzal Massoud and Afzal Zohra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Hansen Winona V and The Hansen Family 1988 Trust
Bought by
Afzal Massoud and Afzal Zohra

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
6.29%
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
Chi Michael $1,805,000 Orange Coast Title Company
Silver Spur Trust $1,350,000 Orange Coast Title Company
Afzal Massoud -- Servicelink
Afzal Massoud $785,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chi Michael $1,353,750
Previous Owner Afzal Massoud $406,500
Previous Owner Afzal Massoud $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $1,805,000 +0.6% $984 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $1,795,000 +33.0% $979 / Sq Ft
11/09/2023 11/09/23 Sold $1,350,000 -12.9% $736 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $1,549,888 -5.8% $845 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,645,888 -2.9% $897 / Sq Ft
08/14/2023 08/14/23 Price Changed $1,695,888 +0.1% $925 / Sq Ft
08/11/2023 08/11/23 Price Changed $1,694,888 -5.6% $924 / Sq Ft
07/07/2023 07/07/23 For Sale $1,795,800 -- $979 / 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 $15,737 $1,841,100 $1,573,656 $267,444
2024 $15,737 $1,350,000 $1,133,000 $217,000
2023 $12,364 $1,044,782 $837,094 $207,688
2022 $11,697 $1,024,297 $820,681 $203,616
2021 $11,712 $1,004,214 $804,590 $199,624
2019 $11,203 $974,430 $780,726 $193,704
2018 $11,060 $955,324 $765,418 $189,906
2016 $10,510 $918,230 $735,697 $182,533
2015 $10,504 $904,439 $724,647 $179,792
2014 $10,364 $886,724 $710,453 $176,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24000442

California Regional Multiple Listing Service (CRMLS)

APN: 7586-001-011