NOT LISTED FOR SALE

5923 Armaga Spring Rd Unit C Rancho Palos Verdes, CA 90275

Estimated Value: $870,000 - $1,096,000

3 Beds
2.5 Baths
1,484 Sq Ft
$450/mo HOA Fee

Last Sold February 10, 2021

Last sale price $745,000 $502 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,245/month

9 Days on Market

Highlights

  • Updated Kitchen
  • 4.94 Acre Lot
  • Cathedral Ceiling
  • Montemalaga Elementary School Rated A+
  • Open Floorplan
  • Granite Countertops

About This Home

As of February 2021

Beautiful contemporary home centrally located in the Armaga Springs Community in Rancho Palos Verdes! This home features a bright and open floorplan with large living room with stone fireplace and direct access to private patio with laundry closet and 2 car, carport. Spacious kitchen with plenty of cabinetry, stainless steel appliances, granite countertops and area for breakfast nook. Spacious Master Suite features vaulted ceilings, two closets, beautiful master bath with new dual sink vanity and glass enclosed walk-in shower. Two additional bedrooms and full bath upstairs.
The HOA has recently updated new roofs, updated landscaping and recently repaved and redesigned the driveway to this community. Amenities include swimming pool and BBQ area. This home is conveniently located near parks, markets, shops & restaurants, hiking trails, and most importantly the award winning schools. Come and make this beautiful home yours today!!

Last Agent to Sell the Property

Darryl Jones

ERA North Orange County License #01076312 Listed on: 12/14/2020

Last Buyer's Agent

DeDe Hsu

Estate Properties License #01023899

Estate Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,991

Year Built

  • Built in 1969

Lot Details

  • 4.94

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 1,484 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Montemalaga Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Additional Features

  • Two or More Common Walls
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009040

Community Details

Overview

  • 87 Units
  • Armaga Spring HOA, Phone Number (310) 370-2696
  • Scott Management HOA
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,991

Year Built

Built in 1969

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: RPRS10000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587009040
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1484.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 502.02
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Free-Standing Range, Microwave
  • Heating Type: Radiant, Electric
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Maintenance Grounds, Management
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Spring HOA
  • Phone: 310-370-2696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Scott Management

Schools

  • Elementary School: Montemalaga
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: MONTEM
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • 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: 87
  • 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
Dec 14, 2020
Closed on
Feb 10, 2021
Sold by
Roberts Justin and Roberts Carrie
Bought by
Wu Hain Hung and Liao Susan S
Seller's Agent
Darryl Jones
ERA North Orange County
Buyer's Agent
DeDe Hsu
Estate Properties
List Price
$739,000
Sold Price
$745,000
Premium/Discount to List
$6,000
0.81%
Current Estimated Value
$946,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,172
Avg. Annual Appreciation
5.07%

Purchase Details

Listed on
Feb 27, 2015
Closed on
Apr 22, 2015
Sold by
Yang Alice H and Alice Yang 2011 Trust
Bought by
Roberts Justin and Ha Carrie
Seller's Agent
Alice Kuroda
Estate Properties
Buyer's Agent
Randi Fournier
Compass
List Price
$579,000
Sold Price
$580,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$464,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2011
Sold by
Yang Alice H and Yang Alice
Bought by
Yang Alice H and The Alice Yang 2011 Trust

Purchase Details

Closed on
Dec 23, 2002
Sold by
Yang Alice
Bought by
Yang Alice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.06%

Purchase Details

Closed on
Dec 21, 2000
Sold by
Yang Alice
Bought by
Yang Alice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2000
Sold by
Chen Chih H
Bought by
Yang Alice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Hain Hung $745,000 First American Title Company O
Roberts Justin $580,000 Progressive Title Company
Yang Alice H -- None Available
Yang Alice H -- Southland Title
Yang Alice H -- South Coast Title
Yang Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Justin $464,000
Previous Owner Yang Alice H $160,000
Previous Owner Yang Alice H $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2021 02/10/21 Sold $745,000 +0.8% $502 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $739,000 +27.4% $498 / Sq Ft
05/27/2015 05/27/15 Sold $580,000 0.0% $391 / Sq Ft View Prior Sale
04/18/2015 04/18/15 Pending -- -- --
03/09/2015 03/09/15 Off Market $580,000 -- --
03/09/2015 03/09/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $579,000 -- $390 / 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 $9,991 $806,409 $596,527 $209,882
2024 $9,425 $790,598 $584,831 $205,767
2023 $9,289 $775,097 $573,364 $201,733
2022 $8,824 $759,900 $562,122 $197,778
2021 $7,769 $643,984 $451,456 $192,528
2020 $7,658 $637,381 $446,827 $190,554
2019 $7,432 $624,884 $438,066 $186,818
2018 $7,382 $612,632 $429,477 $183,155
2016 $7,009 $588,844 $412,800 $176,044
2015 $3,596 $264,767 $113,700 $151,067
2014 -- $259,581 $111,473 $148,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20255983

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-040