NOT LISTED FOR SALE

5915 Armaga Spring Rd Unit E Rancho Palos Verdes, CA 90275

Estimated Value: $772,000 - $1,092,000

3 Beds
2.5 Baths
1,484 Sq Ft
$620/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $711,000 $479 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,106/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • 215,371 Sq Ft lot
  • Community Pool
  • Montemalaga Elementary School Rated A+
  • End Unit
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2018

This end unit townhome is centrally located in the heart of Rancho Palos Verdes near award winning schools and the Highridge park.  It offers 3 spacious bedrooms and 2 1/2 baths and is move-in ready with new carpet, paint, updated fixtures and newer double pane windows and more!  All bedrooms are upstairs. Master suite has vaulted ceilings, two separate mirrored closets plus its own bathroom with double vanities. Kitchen has recessed lighting, tile countertops and family room has fireplace which both open to a private tiled courtyard which leads to the 2 covered parking spaces.  There is an enclosed private laundry area and additional storage accessed from the courtyard. This unit is an excellent location of the complex as its in the front which makes it convenient for easy access and has plenty of street parking in front which is convenient for your guests. Recently updated gated community pool for entertainment. Won't last long in this price.

Last Agent to Sell the Property

Sean Rodriguez

Estate Properties License #00938328 Listed on: 07/24/2018

Co-Listed By

Jonathan Rodriguez

Estate Properties License #00946916

Last Buyer's Agent

Vincent Serhan

Vista Sotheby's International Realty License #01254997

Vista Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,284

Year Built

  • Built in 1969

Lot Details

  • 4.94 Acre Lot
  • End Unit
  • 1 Common Wall

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 1,484 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009063

Community Details

Overview

  • 60 Units
  • Armaga Springs Association, Phone Number (310) 370-2696

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,284

Year Built

Built in 1969

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: RPRS10000*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7587009063
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1484.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 479.11
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Suite
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Radiant
  • Laundry Features: Electric Dryer Hookup, In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Springs
  • Phone: (310) 370-2696
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 215371.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 1
  • Tax Tract Number: 31249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 14, 2018
Sold by
Olson David Brian
Bought by
Dison Chahee Lee
Seller's Agent
Sean Rodriguez
Estate Properties
Buyer's Agent
Vincent Serhan
Vista Sotheby's International Realty
List Price
$699,000
Sold Price
$711,000
Premium/Discount to List
$12,000
1.72%
Total Days on Market
10
Current Estimated Value
$919,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,818
Avg. Annual Appreciation
3.89%
Original Mortgage
$568,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 7, 2018
Sold by
Needham Mark and Teorge R Needham Revocable Tru
Bought by
Olson Chahee Lee
Seller's Agent
Sean Rodriguez
Estate Properties
Buyer's Agent
Vincent Serhan
Vista Sotheby's International Realty
List Price
$699,000
Sold Price
$711,000
Premium/Discount to List
$12,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Needham George R and Needham Arlene M
Bought by
Needham George R and George R Needham Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2008
Sold by
Needham George R and George R Needham Revocable Tru
Bought by
Needham George R and Needham Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2003
Sold by
Needham George R and Needham Arlene M
Bought by
Needham George R and George R Needham Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Needham George R and George R Needham Revocable Tru
Bought by
Needham George R and Needham Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Needham George R and Needham Arlene M
Bought by
Needham George R and George R Needham Revocable Tru

Purchase Details

Closed on
Aug 3, 2001
Sold by
Needham George R
Bought by
Needham George R and Needham Arlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.12%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Dison Chahee Lee -- Ticor Title Company
Olson Chahee Lee $711,000 Ticor Title Company
Needham George R -- None Available
Needham George R -- Progressive Title Company
Needham George R -- --
Needham George R -- Ticor
Needham George R -- --
Needham George R -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Chahee Lee $562,000
Closed Olson Chahee Lee $568,800
Previous Owner Needham George R $162,413
Previous Owner Needham George R $10,000
Previous Owner Needham George R $155,000
Previous Owner Needham George R $140,000
Previous Owner Needham George R $126,500
Previous Owner Needham George R $30,000
Previous Owner Needham George R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $711,000 +1.7% $479 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $699,000 -- $471 / 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 $9,284 $777,578 $582,911 $194,667
2023 $9,151 $762,332 $571,482 $190,850
2022 $8,693 $747,385 $560,277 $187,108
2021 $8,645 $732,732 $549,292 $183,440
2019 $8,267 $711,000 $533,000 $178,000
2018 $2,889 $201,011 $128,574 $72,437
2016 $2,730 $193,207 $123,582 $69,625
2015 $2,726 $190,306 $121,726 $68,580
2014 $2,697 $186,579 $119,342 $67,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18173037

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-063