NOT LISTED FOR SALE

5375 Rollingridge Rd Rancho Palos Verdes, CA 90275

Estimated Value: $2,568,000 - $8,252,787

4 Beds
4 Baths
4,705 Sq Ft
$1,235/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $2,900,000 $616 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $37,660/month

53 Days on Market

Highlights

  • White Water Ocean Views
  • Heated Spa
  • Open Floorplan
  • Rancho Vista Elementary School Rated A+
  • 0.82 Acre Lot
  • Property is near a park

About This Home

As of October 2015

Breathtaking, sweeping coastline and city views. 180-degrees and unobstructed - one of the most commanding views ever! Also, over 3/4 acre lot with patios and large grassy yard. Add a fruit tree grove and you get the picture. Santa Barbara Spanish style home with an oversized master suite - with THE view as well. 3-car garage, spa, gardens, and more. Tucked atop a small street with the ultimate in privacy. A unique and rare property. Great potential to really make this place spectacular! DRASTIC PRICE REDUCTION but still all the great features!

Last Agent to Sell the Property

Virginia Butler

Coldwell Banker Realty License #00770290 Listed on: 07/13/2015

Coldwell Banker Realty

Co-Listed By

Les Fishman

Coldwell Banker Realty License #00816300

Last Buyer's Agent

Ron Vallery

Estate Properties License #00760405

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,924

Year Built

  • Built in 1951

Lot Details

  • 0.82 Acre Lot
  • Block Wall Fence
  • Lot Sloped Down
  • Sprinklers on Timer
  • Wooded Lot
  • Garden
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Side Facing Garage
  • Three Garage Doors
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Golf Course
  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Spanish Tile Roof

Interior Spaces

  • 4,705 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Suspended Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • French Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bidet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Brick Porch or Patio

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 6704
  • Assessor Parcel Number 7546005045

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,924

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7546005045
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4705.00
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Suspended Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 616.37
  • Room Type: Entry, Living Room
  • Spa Features: Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bidet, Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Raised
  • View: City Lights, Coastline, Golf Course, Mountain(s), Neighborhood, Ocean, Panoramic, Trees/Woods, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Sloped Down, Garden, Lot 20000-39999 Sqft, Park Nearby, Sprinklers Timer, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 35791.00
  • Price Per Lot Square Foot: 81.03
  • Lot Size Acres: 0.8220

Multi Family

  • Lease Considered: No
  • Lot Size Area: 35791.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 45
  • Tax Tract Number: 6704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Michael A Olmos Trust and Olmos Michael A
Bought by
Michael A Olmos Trust and Olmos
Current Estimated Value
$5,811,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,930,422
Outstanding Balance
$2,642,292
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,757,574

Purchase Details

Closed on
Feb 28, 2020
Sold by
Olmos Michael A and Michael A Olmos Trust
Bought by
Olmos Michael A and Michael A Olmos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 3, 2017
Sold by
Olmos Michael
Bought by
Olmos Michael A and Michael A Olmos Trust

Purchase Details

Listed on
Jul 13, 2015
Closed on
Sep 8, 2015
Sold by
Donovan Thomas G
Bought by
Olmos Michael A
Seller's Agent
Virginia Butler
Coldwell Banker Realty
Buyer's Agent
Ron Vallery
Estate Properties
List Price
$3,779,000
Sold Price
$2,900,000
Premium/Discount to List
-$879,000
-23.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$2,320,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Michael A Olmos Trust -- Stewart Title Of California In
Olmos Michael A -- Stewart Title Of Ca Inc
Olmos Michael A -- Stewart Title Of Ca Inc
Olmos Michael A -- None Available
Olmos Michael A $2,900,000 Progressive
Olmos Michael A -- Progressive
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael A Olmos Trust $2,930,422
Previous Owner Olmos Michael A $500,000
Previous Owner Olmos Michael A $2,990,000
Previous Owner Olmos Michael A $2,320,000
Previous Owner Poxon Leo J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $2,900,000 -3.2% $616 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/25/2015 08/25/15 Price Changed $2,995,000 -20.7% $637 / Sq Ft
07/13/2015 07/13/15 For Sale $3,779,000 -- $803 / 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 $71,924 $6,632,677 $2,687,110 $3,945,567
2024 $71,924 $6,502,625 $2,634,422 $3,868,203
2023 $70,894 $6,375,123 $2,582,767 $3,792,356
2022 $67,180 $6,250,122 $2,532,125 $3,717,997
2021 $66,949 $3,171,570 $2,406,020 $765,550
2020 $34,798 $3,139,051 $2,381,350 $757,701
2019 $33,726 $3,077,502 $2,334,657 $742,845
2018 $33,414 $3,017,160 $2,288,880 $728,280
2016 $31,759 $2,900,000 $2,200,000 $700,000
2015 $5,255 $411,634 $147,672 $263,962
2014 $5,206 $403,572 $144,780 $258,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15152666

California Regional Multiple Listing Service (CRMLS)

APN: 7546-005-045