Seller's Agent in 2021
Phil Schneider
Bankers Realty Exclusive, Inc.
(310) 991-3012
1 in this area
10 Total Sales
55 Saddleback Rd Rolling Hills, CA 90274
Estimated Value: $2,892,787 - $3,258,000
3
Beds
2
Baths
2,129
Sq Ft
$1,432/Sq Ft
Est. Value
Highlights
- Ocean View
- Community Stables
- Gated with Attendant
- Dapplegray Elementary School Rated A+
- Horse Property
- In Ground Pool
About This Home
As of May 2021The secret has slipped past the gates and now this amazing property with endless potential is available at a unimaginable price for under $2M. This mostly usable, large 75,000+ sqft lot is one of the nicest parcels of land behind the gated community of Rolling Hills with views of downtown LA, city lights, Mountains and Ocean peak views. Desirable location with easy access off the hill, less than 2 minutes from the main guard gate, and a short drive to Beaches, Golfing, Terranea Resort, Shopping and FWYs. Bring your contractor, designer or builder and re-invent or re-develope this classic Rolling Hills property into your own dream paradise estate. Currently, the main house offers three bedrooms with approx 2100 SQFT plus as a bonus, there is a separate guest quarters of nearly 900 SQFT of living space (not included with overall SQFT) with kitchen, bathroom and space for up to two bedrooms. Check with the city of Rolling Hills and RHCA for ADU compliance regulations. Plenty of room to expand the existing footprint or redevelop completely. Rolling Hills is situated in a rural private gated community with a home town tradition offering a equestrian lifestyle with miles of hiking and horse riding trails, as well as two community riding rings and tennis courts. Property is sold as is with no repairs or warrantees. Buyer and buyers agent to satisfy themselves with all inspections and due diligence. The value is in the land alone and most likely exceeds the listing price.
Last Agent to Sell the Property
Bankers Realty Exclusive, Inc. License #01060611 Listed on: 03/16/2021
Last Buyer's Agent
Teressa Schneider
Bankers Realty Exclusive, Inc. License #01063718
Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- 1.74 Acre Lot
- Rural Setting
- Property is zoned RHRAS1
HOA Fees
- $313 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Driveway Up Slope From Street
Property Views
- Ocean
- Panoramic
- City Lights
- Peek-A-Boo
- Mountain
- Hills
Home Design
- Cosmetic Repairs Needed
- Fixer Upper
- Flat Tile Roof
Interior Spaces
- 2,129 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Entryway
- Family Room
- Living Room with Fireplace
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Electric Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- In Ground Pool
- Horse Property
Schools
- Dapplegray Elementary School
- Miralest Middle School
Utilities
- Central Heating
- Cesspool
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 62
- Tax Tract Number 7084
- Assessor Parcel Number 7569005003
Community Details
Overview
- Rhca Association, Phone Number (310) 544-6222
Recreation
- Tennis Courts
- Community Stables
- Horse Trails
- Hiking Trails
Additional Features
- Laundry Facilities
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2021
Closed on
Apr 22, 2021
Sold by
Margrave James W
Bought by
Bringas Kenneth John and Bringas Charilyn Ann
Seller's Agent
Phil Schneider
Bankers Realty Exclusive, Inc.
Buyer's Agent
Teressa Schneider
Bankers Realty Exclusive, Inc.
List Price
$1,875,000
Sold Price
$2,500,000
Premium/Discount to List
$625,000
33.33%
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
$548,697
Avg. Annual Appreciation
4.42%
Original Mortgage
$1,999,999
Outstanding Balance
$1,801,839
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,246,858
Purchase Details
Closed on
Jan 3, 2011
Sold by
Margrave Wilton
Bought by
Margrave Wilton and Margrave James W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bringas Kenneth John | $2,500,000 | Progressive Title Company | |
| Margrave Wilton | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bringas Kenneth John | $1,999,999 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $2,500,000 | +33.3% | $1,174 / Sq Ft |
| 03/26/2021 03/26/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $1,875,000 | -- | $881 / Sq Ft |
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 | $31,325 | $2,706,080 | $2,164,864 | $541,216 |
| 2024 | $31,325 | $2,653,020 | $2,122,416 | $530,604 |
| 2023 | $30,867 | $2,601,000 | $2,080,800 | $520,200 |
| 2022 | $29,130 | $2,550,000 | $2,040,000 | $510,000 |
| 2021 | $4,993 | $273,110 | $179,366 | $93,744 |
| 2020 | $4,936 | $270,310 | $177,527 | $92,783 |
| 2019 | $4,832 | $265,011 | $174,047 | $90,964 |
| 2018 | $4,575 | $259,816 | $170,635 | $89,181 |
| 2016 | $4,374 | $249,729 | $164,010 | $85,719 |
| 2015 | $4,340 | $245,979 | $161,547 | $84,432 |
| 2014 | $4,341 | $241,162 | $158,383 | $82,779 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Schneider
-
T
Buyer's Agent in 2021
Teressa Schneider
Bankers Realty Exclusive, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21054698
APN: 7569-005-003
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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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