$1,500,000
SOLD JUN 18, 2015

5540 Scotwood Dr Rancho Palos Verdes, CA 90275

4 Beds
3 Baths
2,638 Sq Ft
9,025 Sq Ft Lot

Recently Sold

$569 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Soleado Elementary Rated A+
  • City Lights View
  • Maid or Guest Quarters

About This Home

As of October 2021

Beautifully remodeled home with a nice floor plan near Ridgecrest Intermediate School & Highridge Park. Travertine marble floors in entry, kitchen, breakfast and 2nd family room (or den) areas. New laminated floors in living room, family room and downstairs bedroom. Newly remodeled kitchen with quartz countertops, new Cabinets w/ self-closing doors & drawers, recessed lighting and stainless steel appliances including a refrigerator. Large living room w/ vaulted ceilings, cozy fireplace and 3 large picture windows looking out the beautiful backyard. Remote-controlled Hunter Douglas silhoutte shades for those 3 big picture windows. Wainscoting through out living room, breakfast area and 2nd family room. Spacious family room with a wet bar, built-in entertainment center and French doors opening to the lower level backyard with a large swimming pool! New carpet in all 3 bedrooms upstairs. Remodeled 3 bathrooms with travertine & tumbled marbles. Laundry room inside w/ laundry chute from upstairs closet. This is truly a great family home!

Last Agent to Sell the Property

Jackie Wang-Dojiri

Estate Properties License #01097324 Listed on: 04/08/2015

Estate Properties

Last Buyer's Agent

Cindy Chew

Estate Properties License #00868304

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,910

Year Built

  • Built in 1965

Lot Details

  • 9,025 Sq Ft Lot
  • Lot Dimensions are 72 x 125
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Peek-A-Boo

Interior Spaces

  • 2,638 Sq Ft Home
  • Wainscoting
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Six Burner Stove
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Filtered Pool
  • In Ground Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 176
  • Tax Tract Number 27789
  • Assessor Parcel Number 7574017003

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,910

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7574017003
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2638.00
  • Interior Amenities: Cathedral Ceiling(s), Pantry, Recessed Lighting, Stone Counters, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 568.61
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Master Suite, Separate Family Room
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: City Lights, Peek-A-Boo
  • Pool Features: Filtered, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System
  • Lot Size: 72 X 125
  • Lot Size Sq Ft: 9025.00
  • Price Per Lot Square Foot: 166.20
  • Lot Size Acres: 0.2070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9025.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 176
  • Tax Tract Number: 27789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Hakim and Paris
Bought by
Hakim Shoghi Family Trust and Hakim
Current Estimated Value
$2,247,591

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 19, 2021
Sold by
Andersen Terry J and Andersen Merry
Bought by
Hakim Hooman and Shoghi Paris
Seller's Agent
Cindy Chew
Estate Properties
Buyer's Agent
Shawn Nejad
Vista Sotheby's International Realty
List Price
$1,975,000
Sold Price
$2,190,000
Premium/Discount to List
$215,000
10.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$1,600,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2015
Closed on
May 21, 2015
Sold by
Kao Yu Shih
Bought by
Andersen Terry J and Andersen Merry
Seller's Agent
Jackie Wang-Dojiri
Estate Properties
Buyer's Agent
Cindy Chew
Estate Properties
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$700,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2013
Sold by
Kao Yu Shih
Bought by
Kao Yu Shih and Kao Hui Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.53%
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
Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $2,190,000 Progressive Title Company
Grant Deed $1,500,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Nextitle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $2,190,000 +10.9% $830 / Sq Ft
09/09/2021 09/09/21 For Sale $1,975,000 +31.7% $749 / Sq Ft
06/18/2015 06/18/15 Sold $1,500,000 -3.2% $569 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,550,000 0.0% $588 / Sq Ft
06/15/2013 06/15/13 Rented $4,250 +1.2% --
05/23/2013 05/23/13 Under Contract -- -- --
05/21/2013 05/21/13 For Rent $4,200 -- --
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 $25,910 $2,278,475 $1,822,780 $455,695
2023 $25,453 $2,233,800 $1,787,040 $446,760
2022 $24,151 $2,190,000 $1,752,000 $438,000
2021 $18,961 $1,675,730 $1,308,626 $367,104
2019 $18,020 $1,616,084 $1,269,812 $346,272
2018 $17,878 $1,584,397 $1,244,914 $339,483
2016 $16,985 $1,522,874 $1,196,573 $326,301
2015 $10,854 $934,306 $789,536 $144,770
2014 $10,705 $916,006 $774,071 $141,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15073952

California Regional Multiple Listing Service (CRMLS)

APN: 7574-017-003