$1,500,000
SOLD FEB 9, 2016

5504 Seaside Heights Dr Rancho Palos Verdes, CA 90275

4 Beds
3.5 Baths
2,375 Sq Ft
10,825 Sq Ft Lot

Recently Sold

$632 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

  • Newly Remodeled
  • City Lights View
  • Open Floorplan
  • Soleado Elementary Rated A+
  • Updated Kitchen
  • Property is near a park

About This Home

As of February 2016

Just Completed-extensive renovation of this Rancho Palos Verdes Mid-Century Modern home!Special attention was given to integrating modern amenities with a new 2400 SF Contemporary FloorPlan while maintaining the integrity of the original 1966 Mid-Century architecture.The Popular Split-Level FloorPlan features a Great Room with 10’ ceilings with a Wall of NEW Tempered Floor to Ceiling Glass that captures an atmosphere of spaciousness with an abundance of natural light.The Great Room has a newly designed Stacked Stone Fireplace & contemporary Hardwood Floors. Completing the Entry Level is an inviting Foyer with the first glimpse of the Huge Backyard;New Kitchen with Top of the Line StainlessSteel Appliances, Quartz Counters,Walk-in Pantry & a new Powder Room addition.Upstairs is the newly configured Master Bedroom with Walk-in Closet & luxurious new Master Bath,2 additional BDRMS & a new full Bath.Lower Level has a 4th BDRM with new Bath,Laundry Room & a Huge Family-Play Room with easy access to a large backyard for kids & pets & a new elevated Patio for Adults.Newly landscaped 10,825 SF Corner Lot is ideally located in a highly desirable Crest-Mesa Neighborhood offering a rare opportunity for a renewed home, Mid-Century Architecture & Affordable Pricing.

Last Agent to Sell the Property

Janet Stearns

Compass License #01851243 Listed on: 11/21/2015

Compass

Co-Listed By

Pamela Lieb

Pamela Lieb, Broker License #00779647

Last Buyer's Agent

Wendy Sun

Estate Properties License #01729186

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,487

Year Built

  • Built in 1966 | Newly Remodeled

Lot Details

  • 10,825 Sq Ft Lot
  • Lot Dimensions are 78' x 134'
  • Wood Fence
  • Redwood Fence
  • New Fence
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • On-Hand Building Permits

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Additions or Alterations
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Seismic Tie Down
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,375 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace Features Masonry
  • Double Pane Windows
  • Blinds
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • City Lights Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas and Electric Range
  • Free-Standing Range
  • <<microwave>>
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Low Pile Carpeting

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 28584
  • Assessor Parcel Number 7574008032

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,487

Year Built

Built in 1966 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All New Stainless Steel Appliances
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: MESA PALOS VERDES-Whitley Collins
  • View: Yes
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled, Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7574008032
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2375.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Area, Family Kitchen
  • Fireplace Features: Great Room, Masonry
  • Levels: Multi/Split
  • Price Per Square Foot: 631.58
  • Room Type: Family Room, Formal Entry, Great Room, Living Room, Master Bedroom, Walk-In Pantry, Walk-In Closet, Separate Family Room
  • Window Features: Blinds, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Combination, Pillar/Post/Pier, Seismic Tie Down
  • Exterior Features: Rain Gutters
  • View: City Lights
  • Fence: Yes
  • Fencing: New Condition, Redwood, Wood, Excellent Condition
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas & Electric Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Lot 10000-19999 Sqft, Park Nearby, Corner Lot, Sprinkler System, Near Public Transit, Yard
  • Lot Size: 78' x 134'
  • Lot Size Sq Ft: 10825.00
  • Price Per Lot Square Foot: 138.57
  • Lot Size Acres: 0.2490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10825.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 96
  • Tax Tract Number: 28584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Wang Cindy Hsu
Bought by
Wang David H and Wang Lisa S
Current Estimated Value
$2,034,390

Purchase Details

Closed on
Oct 25, 2017
Sold by
Wang Cindy Hsu
Bought by
Wang Cindy Hsu and Wang Cindy Hsu

Purchase Details

Closed on
Sep 13, 2017
Sold by
Wang Jack T S
Bought by
Wang Cindy Hsu

Purchase Details

Closed on
Sep 12, 2017
Sold by
Asakura Darin and Asakura Nancy
Bought by
Wang Cindy Hsu

Purchase Details

Listed on
Nov 21, 2015
Closed on
Jan 11, 2016
Sold by
Seaside Heights Llc
Bought by
Asakura Darin and Asakura Nancy
Seller's Agent
Janet Stearns
Compass
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$1,548,000
Sold Price
$1,500,000
Premium/Discount to List
-$48,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$1,200,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2015
Sold by
Verdes Rancho Palos
Bought by
Seaside Heights Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2015
Sold by
Aleman Nerelda
Bought by
Aleman Aurello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Wfg Title Insurance Company
Grant Deed $1,500,000 Wfg Title Insurance Company
Grant Deed $1,500,000 Lawyers Title
Grant Deed $850,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $125,000 Credit Line Revolving
Previous Owner $350,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Rented $5,500 0.0% --
07/27/2018 07/27/18 Off Market $5,500 -- --
07/20/2018 07/20/18 For Rent $5,500 0.0% --
07/04/2018 07/04/18 Off Market $5,500 -- --
06/29/2018 06/29/18 For Rent $5,500 0.0% --
02/09/2016 02/09/16 Sold $1,500,000 -3.1% $632 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
11/21/2015 11/21/15 For Sale $1,548,000 -- $652 / 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
2024 $20,487 $1,777,523 $1,246,919 $530,604
2023 $20,104 $1,742,670 $1,222,470 $520,200
2022 $19,083 $1,708,500 $1,198,500 $510,000
2021 $17,970 $1,576,766 $1,129,700 $447,066
2019 $17,182 $1,530,000 $1,096,194 $433,806
2018 $17,039 $1,500,000 $1,074,700 $425,300
2017 $17,247 $1,530,000 $1,018,674 $511,326
2016 $12,561 $1,100,000 $755,000 $345,000
2015 $2,366 $138,666 $49,748 $88,918
2014 -- $135,951 $48,774 $87,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15250882

California Regional Multiple Listing Service (CRMLS)

APN: 7574-008-032