NOT LISTED FOR SALE

5525 Shoreview Dr Rancho Palos Verdes, CA 90275

Estimated Value: $1,736,000 - $1,887,000

4 Beds
2 Baths
1,556 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $1,550,000 $996 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,399/month

14 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Lawn
  • Silver Spur Elementary School Rated A+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of December 2021

Nestled on a quiet cul-de-sac in the coveted Silver Spur community, you will find this lovely 4 bedroom home on a nearly 9,000 square foot flat lot. The front yard welcomes you, brimming with iceberg roses, fruit trees, and fragrant plumeria. Step through the formal entry into this home that has been lovingly cared for and upgraded with wide-plank hardwood flooring, dual pane windows, and even air conditioning. The spacious family room is warmed by a brick fireplace and features a vaulted ceiling plus sliding glass doors out to your park-like backyard. The covered back patio here is incredibly large offering a wonderful space for outdoor entertaining. It flows right out to the grassy yard surrounded by fragrant flowers and bountiful fruit trees providing remarkable privacy as well as a tranquil presence. Back inside, the family room is also open to the formal dining area with plantation shutters presenting a perfect space for loved ones to gather for holiday feasts. Continue to the well-equipped kitchen with white countertops, abundant white cabinetry including a wine rack, a double oven, new dishwasher, and even comes with the refrigerator. The kitchen is open to a sunny breakfast nook with a door out to the sweet side yard patio. Down the center hall featuring a solar tube skylight and plenty of built-in storage space, the bedrooms are located together on the other side of the home. The secondary bedrooms share the modernized full hall bathroom with white vanity, shower/tub combo with neutral tile, and upgraded fixtures. A Queen's necklace ocean and coastline view is a wonderful treat from the far front bedroom! Your primary suite awaits with dual closets and a dedicated remodeled bathroom that incorporates tasteful finishings such as travertine stonework in the shower with seat. This home is completed by the attached 2 car garage with laundry area. Ideally situated in the heart of the Peninsula just a few blocks to award-winning Silver Spur Elementary School and California Distinguished Palos Verdes Peninsula High School, plus the shops and restaurants of Peninsula Shopping Center and Promenade On The Peninsula. This move-in ready home has so much to offer and for you to enjoy for many years to come!

Last Agent to Sell the Property

Gabrielle Herendeen

Estate Properties License #01325858 Listed on: 10/12/2021

Estate Properties

Last Buyer's Agent

Brooke Dianich

Keller Williams Luxury License #01325866

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,553

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 8,816 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Lawn
  • Back and Front Yard
  • Property is zoned RPRS8000*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 1,556 Sq Ft Home
  • Built-In Features
  • Double Pane Windows
  • Shutters
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Silver Spur Elementary School
  • Palos Verdes Middle School
  • Peninsula High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 23919
  • Assessor Parcel Number 7577007025
  • $995 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,553

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS8000*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7577007025
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1556.00 Square Feet
  • Interior Amenities: Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 996.14
  • Room Type: Entry, Family Room, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows, Shutters
  • Bathroom Features: Shower, Shower In Tub, Remodeled
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean
  • Patio And Porch Features: Covered, Patio, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Refrigerator
  • Heating Type: 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: Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Silver Spur
  • Middle School: Palos Verdes
  • High School: Peninsula
  • Elementary School: Silver Spur
  • High School: Peninsula
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: SILSPU
  • High School2: PENINS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 8816.00
  • Lot Size Acres: 0.2024

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8816.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.11
  • Tax Lot: 20
  • Tax Tract Number: 23919
  • TaxOtherAnnualAssessmentAmount: 995.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Otott Sandor and Li Yanhui
Bought by
Otott And Li Family Trust and Otott
Current Estimated Value
$1,808,316

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 4, 2021
Sold by
Willis Gregory Blair and Willis Melissa Huffman
Bought by
Otott Sandor and Li Yanhui
Seller's Agent
Gabrielle Herendeen
Estate Properties
Buyer's Agent
Brooke Dianich
Keller Williams Luxury
List Price
$1,599,000
Sold Price
$1,550,000
Premium/Discount to List
-$49,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,050,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2020
Sold by
Willis Gregory Blair and Willis Melissa Huffman
Bought by
Willis Gregory Blair and Willis Melissa Huffman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
Sold by
Willis Gregory Blair and Willis Melissa Huffman
Bought by
Willis Gregory Blair and Willis Melissa H

Purchase Details

Closed on
Jul 10, 2007
Sold by
Kawamura Ernest K and Kawamura Sumire
Bought by
Willis Gregory Blair and Willis Melissa Huffman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6%
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
Otott And Li Family Trust -- None Listed On Document
Otott Sandor $1,550,000 Consumers Title Company
Willis Gregory Blair -- Old Republic Title
Willis Gregory Blair -- None Available
Willis Gregory Blair $925,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otott Sandor $1,050,000
Previous Owner Willis Gregory Blair $740,000
Previous Owner Willis Ii Gregory Blair $740,000
Previous Owner Willis Gregory Blair $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $1,550,000 -3.1% $996 / Sq Ft
10/12/2021 10/12/21 For Sale $1,599,000 -- $1,028 / 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 $18,553 $1,644,871 $1,315,897 $328,974
2024 $18,553 $1,612,620 $1,290,096 $322,524
2023 $18,195 $1,581,000 $1,264,800 $316,200
2022 $17,269 $1,550,000 $1,240,000 $310,000
2021 $12,961 $1,122,467 $897,978 $224,489
2020 $12,780 $1,110,959 $888,771 $222,188
2019 $12,393 $1,089,177 $871,345 $217,832
2018 $12,271 $1,067,821 $854,260 $213,561
2016 $11,488 $1,010,000 $808,000 $202,000
2015 $10,976 $949,000 $759,000 $190,000
2014 $11,024 $949,000 $759,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21224197

California Regional Multiple Listing Service (CRMLS)

APN: 7577-007-025