NOT LISTED FOR SALE

5718 Ravenspur Dr Unit 103 Rancho Palos Verdes, CA 90275

Estimated Value: $618,000 - $829,000

2 Beds
2 Baths
1,393 Sq Ft
$380/mo HOA Fee

Last Sold October 05, 2021

Last sale price $616,000 $442 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,719/month

5 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Parking
  • 0.73 Acre Lot
  • Soleado Elementary Rated A+
  • Gated Community
  • Clubhouse

About This Home

As of October 2021

Location, location, location. This one level 2-bedroom+2-bathroom corner unit condo located in a 21-unit courtyard building, where is situated right at the heart of Palos Verdes, close to restaurants, shopping, supermarkets, banks, library, movie theater/ Norris Theater, postal office and many award-winning schools. The building is gated with an elevator, pool, spa, clubhouse and laundry room. Two side by side parking spaces: #17 and #18. There is also a storage area right in front of the parking space.
This property has recently updated its kitchen and adjacent dining room with new flooring, quartz countertop, cabinets, electric range/oven, dish washer. A courtyard patio in front of the dining room is a perfect place for your morning coffee and for your potted flowers and plants. Large living room with a spacious balcony overlooking a beautiful tree lined street. There are two large bedrooms with nearby bathrooms, located on each side of the unit. All these await the new owners to put in their personal touches. In-unit washer and dryer hookups offer convenience and privacy for your laundry tasks. It is well priced for the lucky buyers and won’t last for long.

Last Agent to Sell the Property

Hsiang-mei Gianvecchio

Century 21 Union Realty License #01935553 Listed on: 09/01/2021

Century 21 Union Realty

Last Buyer's Agent

George Chou

Presidential Incorporated License #01347273

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,795

Year Built

  • Built in 1973

Lot Details

  • No Units Located Below
  • 1 Common Wall
  • Density is 21-25 Units/Acre

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Interior Spaces

  • 1,393 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Schools

  • Peninsula High School

Utilities

  • Radiant Heating System
  • Hot Water Heating System

Additional Features

  • Accessible Parking
  • Open Patio

Listing and Financial Details

  • Tax Lot 7090
  • Tax Tract Number 31397
  • Assessor Parcel Number 7589006066

Community Details

Overview

  • Master Insurance
  • 21 Units
  • Ravenspur Condominium Owners Association, Phone Number (424) 283-0626
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,795

Year Built

Built in 1973

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: RPRM2000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7589006066
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1393.00 Square Feet
  • Interior Amenities: Elevator, Living Room Deck Attached
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 442.21
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Community
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio, Patio Open
  • Pool Features: Community, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage, Garage Door Opener, Gated, Parking Space, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Hot Water
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: Ravenspur Condominium Owners Association
  • Phone: 4242830626
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Ravenspur Condominium Owners Association

Schools

  • High School: Peninsula
  • High School2: PENINS

Lot Info

  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 31908.00
  • Lot Size Acres: 0.7325

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31908.0000 Square Feet
  • Number Of Units In Community: 21
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7090
  • Tax Tract Number: 31397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2017
Sold by
Zou Xiping and Zou Yvonne
Bought by
Zou Xiping and Zou Yvonne Y L
Current Estimated Value
$703,477

Purchase Details

Closed on
Jul 14, 1997
Sold by
Zou Xiping and Zou Yvonne Y
Bought by
Zou Xiping and Zou Yvonne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.7%
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
Zou Xiping -- None Available
Zou Xiping -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zou Xiping $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $616,000 +3.0% $442 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $598,000 -- $429 / 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 $7,795 $653,702 $374,075 $279,627
2024 $7,795 $640,886 $366,741 $274,145
2023 $7,681 $628,320 $359,550 $268,770
2022 $7,300 $616,000 $352,500 $263,500
2021 $3,328 $281,047 $98,127 $182,920
2019 $3,186 $272,713 $95,217 $177,496
2018 $3,159 $267,366 $93,350 $174,016
2016 $3,002 $256,985 $89,726 $167,259
2015 $2,994 $253,126 $88,379 $164,747
2014 $2,959 $248,168 $86,648 $161,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21141479

California Regional Multiple Listing Service (CRMLS)

APN: 7589-006-066