NOT LISTED FOR SALE

5917 Armaga Spring Rd Unit H Rancho Palos Verdes, CA 90275

Estimated Value: $649,625 - $748,000

2 Beds
2 Baths
1,071 Sq Ft
$450/mo HOA Fee

Last Sold August 30, 2021

Last sale price $585,000 $546 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,904/month

9 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Traditional Architecture
  • Montemalaga Elementary School Rated A+
  • 4.94 Acre Lot
  • Wood Flooring

About This Home

As of August 2021

Beautiful area. Top floor corner unit with gorgeous wide plank hardwood floors. Just newly painted in living room and bedrooms. Updated kitchen with dishwasher, disposal, refrigerator and granite tiled countertops. Light and bright bedrooms. Master has double sink, walk in closet. Windows are double paned.
2 car side by side assigned spaces in the community open garage parking area. The unit has it's own laundry area with washer/dryer included but there is also a community laundry area in the garage parking area. Also storage lockers. You can see the pool from the balcony and lots of foliage. Nicely landscaped grounds.
Prestigious award winning Palos Verdes Unified School district schools.
Close to restaurants, shopping, theater, hiking trails, parks, horse stables, the ocean.

Last Agent to Sell the Property

Margaret Tan

Real Estate West, Inc. License #00987842 Listed on: 06/05/2021

Last Buyer's Agent

Sophia Sarabia

Jose Sarabia License #02082672

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,505

Year Built

  • Built in 1969

Lot Details

  • 4.94

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Side by Side Parking
  • Community Parking Structure

Property Views

  • Woods
  • Neighborhood

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Blinds
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Monte Malaga Elementary School
  • Ridgecrest Middle School
  • Peninsula High School

Additional Features

  • 1 Common Wall
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009062

Community Details

Overview

  • 83 Units
  • Armaga Spring Association, Phone Number (310) 370-2696
  • Scott Management HOA

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Additional Features

  • Community Barbecue Grill
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,505

Year Built

Built in 1969

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Armaga Spring
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587009062
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1071.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 2nd level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 546.22
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Trees/Woods
  • Patio And Porch Features: Covered
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Community Structure, Covered, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, 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, Barbecue, Trash, Water, Pet Rules, Management
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Spring
  • Phone: 3103702696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Scott Management

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Monte Malaga
  • Middle School: Ridgecrest
  • High School: Peninsula
  • Elementary School: Monte Malaga
  • High School: Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: MONMAL
  • High School2: PENINS

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 215371.00
  • Lot Size Acres: 4.9442

Multi Family

  • Lease Considered: No
  • Lot Size Area: 215371.0000 Square Feet
  • Number Of Units In Community: 83
  • Number Of Units Total: 83

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 31249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 20, 2021
Sold by
Rajasubramanian Sathya
Bought by
Rajasubramanian Jayanthi
Seller's Agent
Margaret Tan
Real Estate West, Inc.
Buyer's Agent
Sophia Sarabia
Jose Sarabia
List Price
$565,000
Sold Price
$585,000
Premium/Discount to List
$20,000
3.54%
Total Days on Market
9
Current Estimated Value
$685,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,406
Avg. Annual Appreciation
4.27%
Original Mortgage
$409,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 6, 2021
Sold by
Spires Donald F and Rose Spires Verna
Bought by
Rajasubramanian Jayanthi
Seller's Agent
Margaret Tan
Real Estate West, Inc.
Buyer's Agent
Sophia Sarabia
Jose Sarabia
List Price
$565,000
Sold Price
$585,000
Premium/Discount to List
$20,000
3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2015
Sold by
Rose Spires Verna Frances
Bought by
The Spires Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2013
Sold by
Rose Spires Verna Frances
Bought by
Spires Donald F and Rose Spires Verna Frances

Purchase Details

Closed on
May 17, 2005
Sold by
Fritch Michael C and Fritch Victoria L
Bought by
Rose Verna Frances and The Rose Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Hitchings Gregory J
Bought by
Fritch Michael C and Fritch Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
5.71%

Purchase Details

Closed on
Dec 31, 1997
Sold by
Little Richard J
Bought by
Hitchings Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
6.9%
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
Rajasubramanian Jayanthi -- Usa National Title Co
Rajasubramanian Jayanthi $585,000 Usa National Title Co
The Spires Revocable Living Trust -- Title 365
Rose Spires Verna Frances -- Title 365
Spires Donald F -- None Available
Rose Spires Verna Frances -- None Available
Rose Verna Frances $491,000 Fidelity National Title Co
Fritch Michael C $301,000 American Title Co
Hitchings Gregory J $161,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajasubramanian Jayanthi $409,500
Previous Owner Rose Spires Verna Frances $258,000
Previous Owner Rose Verna Frances $291,000
Previous Owner Fritch Michael C $42,000
Previous Owner Fritch Michael C $240,800
Previous Owner Hitchings Greg J $80,000
Previous Owner Hitchings Gregory J $128,800
Closed Hitchings Gregory J $16,100
Closed Fritch Michael C $30,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $585,000 0.0% $546 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/15/2021 06/15/21 Off Market $585,000 -- --
06/09/2021 06/09/21 For Sale $565,000 -- $528 / 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 $7,505 $608,633 $446,227 $162,406
2023 $7,397 $596,700 $437,478 $159,222
2022 $7,032 $585,000 $428,900 $156,100
2021 $6,738 $550,000 $432,600 $117,400
2020 $6,702 $550,000 $432,600 $117,400
2019 $6,619 $550,000 $432,600 $117,400
2018 $6,686 $550,000 $432,600 $117,400
2016 $5,463 $445,000 $350,000 $95,000
2015 $5,504 $445,000 $350,000 $95,000
2014 -- $401,000 $315,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21112733

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-062