NOT LISTED FOR SALE

5718 Ravenspur Dr Unit 305 Rancho Palos Verdes, CA 90275

Estimated Value: $618,000 - $862,000

2 Beds
2 Baths
1,396 Sq Ft
$545/mo HOA Fee

Last Sold September 26, 2023

Last sale price $720,000 $516 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,078/month

8 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Breakfast Area or Nook
  • Soleado Elementary Rated A+
  • Wood Flooring
  • Built-In Features

About This Home

As of September 2023

Welcome to this extraordinary condo that redefines contemporary urban living. Upon entering, you'll be greeted by meticulous details throughout that accentuate the expansive open layout, making every corner a delight. Wide plank engineered hardwood floors guide you through the seamless and well-thought-out layout. These floors show impeccable craftsmanship and also provide excellent durability. A stunning fireplace graces the living area, offering not only a cozy focal point but also a warm atmosphere perfect for relaxation and entertainment. Step outside onto your private patio, an oasis where you can unwind and take in some fresh air while enjoying your morning coffee. The kitchen offers an abundance of beautiful wood cabinetry, stainless-steel appliances and neutral white tile counters. A separate space just off the kitchen is perfect for a dining table. The hall bathroom features sleek white tiles that exude sophistication and timeless elegance. The designer sink and fixtures add an extra layer of luxury, transforming your daily routine into a spa-like experience. The primary suite is a space for relaxation, adorned with plush, fluffy carpeting that welcomes you to sink your toes into pure comfort. Double closets provide ample storage space, ensuring your belongings are neatly organized, while offering a sense of opulence that complements the entire suite. In-unit laundry offers convenience, saving you time and effort while enhancing your daily routine. Unit also comes with two side by side parking spaces and an additional 2 storage boxes. Nestled in a prime location, this condo is a leisurely stroll away from the Peninsula Promenade which offers a variety of shops and restaurants. From the abundant natural light to the private patio, from the designer fixtures to the cozy fireplace, every feature has been thoughtfully designed to elevate your lifestyle.

Last Agent to Sell the Property

Cari Corbalis

Vista Sotheby’s International Realty License #00850678 Listed on: 08/16/2023

Vista Sotheby’s International Realty

Co-Listed By

Forrest Graham

Vista Sotheby's International Realty License #02066801

Last Buyer's Agent

Joe Buck

Compass License #01995305

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,726

Year Built

  • Built in 1973

Lot Details

  • 0.73

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,396 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Spa
  • Open Patio

Additional Features

  • 1 Common Wall
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31397
  • Assessor Parcel Number 7589006082

Community Details

Overview

  • 21 Units
  • Ravenspur Condo Owners Association, Phone Number (310) 444-7444
  • Allstate HOA

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,726

Year Built

Built in 1973

Lot Details

0

HOA Fees

$545 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7589006082
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1396.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 515.76
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association
  • Bathroom Features: Shower

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Recreation Room, Gas, Trash, Water
  • Association Fee: 545.00
  • Association Fee Frequency: Monthly
  • Association Name: Ravenspur Condo Owners Association
  • Phone: 310-444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks
  • Association Management: Allstate

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 21
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 31397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Aug 29, 2023
Sold by
Stables Joseph L and Chu Chin-Ying
Bought by
Gonzalez Samantha Alice
Seller's Agent
Cari Corbalis
Vista Sotheby’s International Realty
Buyer's Agent
Joe Buck
Compass
List Price
$650,000
Sold Price
$720,000
Premium/Discount to List
$70,000
10.77%
Views
37
Current Estimated Value
$725,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,670
Avg. Annual Appreciation
0.38%
Original Mortgage
$684,000
Outstanding Balance
$669,493
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$56,177

Purchase Details

Closed on
Sep 15, 2000
Sold by
Ng Cheng L and Wu Wen J
Bought by
Stables Joseph L and Chu Chin Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.96%
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
Gonzalez Samantha Alice $720,000 First American Title Insurance
Stables Joseph L $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Samantha Alice $684,000
Previous Owner Stables Joseph L $193,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $720,000 +10.8% $516 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $650,000 -9.7% $466 / Sq Ft
08/23/2023 08/23/23 Off Market $720,000 -- --
08/16/2023 08/16/23 For Sale $650,000 -- $466 / 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 $8,726 $734,400 $406,062 $328,338
2024 $8,726 $720,000 $398,100 $321,900
2023 $2,853 $231,713 $86,890 $144,823
2022 $2,719 $227,171 $85,187 $141,984
2021 $2,703 $222,717 $83,517 $139,200
2019 $3,038 $216,113 $81,041 $135,072
2018 $2,998 $211,876 $79,452 $132,424
2016 $2,836 $203,651 $76,368 $127,283
2015 $2,826 $200,593 $75,221 $125,372
2014 $2,795 $196,665 $73,748 $122,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23147746

California Regional Multiple Listing Service (CRMLS)

APN: 7589-006-082