NOT LISTED FOR SALE

5927 Armaga Spring Rd Unit H Rancho Palos Verdes, CA 90275

Estimated Value: $700,904 - $774,000

2 Beds
2 Baths
1,071 Sq Ft
$599/mo HOA Fee

Last Sold May 21, 2024

Last sale price $725,000 $677 Per Sq Ft

Current estimated payment $5,114/month

14 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 4.95 Acre Lot
  • Montemalaga Elementary School Rated A+
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of May 2024

Discover luxurious living in the heart of the renowned Palos Verdes Peninsula with this tastefully updated corner-unit condo surrounded by lush landscaping and a tranquil community. Bathed in natural light, this spacious upstairs residence spans 1,071 sq. ft., offering 2-beds, 2-baths, a seamless flow of elegant living spaces, and a balcony - all with expansive views of nature and vibrant foliage. When you step inside you will find a welcoming ambiance enhanced by upgrades, like laminate hardwood floors and neutral-tone paint throughout. The open-floor concept effortlessly connects the living room, kitchen, dining area, and balcony creating an ideal environment for both relaxation and entertaining. In the kitchen, recessed lighting illuminates the ample cupboards, natural quartz countertops, dishwasher, range, built-in microwave, and large stainless-steel refrigerator/freezer. Indulge in culinary delights and effortless entertaining with casual barstool dining that seamlessly integrates with the adjacent dining area adorned with a charming ceiling fan/light. The living room showcases elegant wall sconces and access to a private balcony. The extra wide hallway includes a discrete in-unit washer and dryer closet with built-in shelving. The primary suite at the end of the hallway is a sanctuary of comfort, boasting a spacious bedroom, large walk-in closet with built in shelving and drawers, and an en suite bath. The two doors to the primary suite provide privacy from the secondary bedroom and bathroom, ensuring a tranquil retreat for residents and guests alike. The second bathroom is a full bathroom with shower in tub, a newer toilet, and plenty of storage. Convenience is paramount with two assigned, side-by-side subterranean parking spaces located just steps away from the condo’s entrance, as well as an assigned storage area. Within the Armaga Spring complex, residents enjoy access to a large, inviting gated pool, BBQ area, and community laundry room, all enveloped by the meticulously maintained grounds. The HOA also covers water and trash. Beyond the comforts of home, you will enjoy proximity to shopping, dining, parks, hiking trails, Terranea Resort, Trump Resort, golf and tennis courts, and access to the acclaimed Palos Verdes Peninsula Unified School District. Don’t miss this opportunity to experience luxury living on the Palos Verdes Peninsula.

Last Agent to Sell the Property

Donna Cartwright

Estate Properties License #01457071 Listed on: 04/16/2024

Estate Properties

Last Buyer's Agent

Lawrence Cech

Keller Williams Coastal Prop. License #02211873

Keller Williams Coastal Prop.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,585

Year Built

  • Built in 1969

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $599 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Parking Lot
  • Community Parking Structure

Property Views

  • Woods
  • Neighborhood

Home Design

  • Entry on the 2nd floor
  • Tile Roof

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Living Room Balcony

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009034

Community Details

Overview

  • 98 Units
  • Armaga Springs HOA, Phone Number (310) 370-2696
  • Scott Management HOA

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,585

Year Built

Built in 1969

Lot Details

0

HOA Fees

$599 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 310-710-0640
  • Inclusions: Refrigerator/Freezer
  • Property Attached: Yes
  • Road Frontage Type: Access Road
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RPRS10000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587009034
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1071.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 676.94
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Exterior Features: Balcony
  • View: Neighborhood, Trees/Woods
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Radiant
  • Laundry Features: Community, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Storage, Trash, Sewer, Water
  • Association Fee: 599.00
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Springs HOA
  • Phone: 3103702696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Scott Management

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size: 215417
  • Lot Size Sq Ft: 215417.00
  • Lot Size Acres: 4.9453

Multi Family

  • Lease Considered: No
  • Lot Size Area: 215417.0000 Square Feet
  • Number Of Units In Community: 98
  • Number Of Units Total: 98

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
Apr 16, 2024
Closed on
May 14, 2024
Sold by
Fami Michael and Fami Jamie
Bought by
Huang Ray and Takemoto Kayla Aeri
Seller's Agent
Donna Cartwright
Estate Properties
Buyer's Agent
Lawrence Cech
Keller Williams Coastal Prop.
List Price
$690,000
Sold Price
$725,000
Premium/Discount to List
$35,000
5.07%
Views
60
Current Estimated Value
$724,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$524
Avg. Annual Appreciation
-0.05%
Original Mortgage
$543,750
Outstanding Balance
$535,533
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$188,943

Purchase Details

Listed on
Oct 6, 2021
Closed on
Feb 9, 2022
Sold by
Opendoor Property C Llc
Bought by
Lim Michael Roland and Lim Jamie Tengan
Seller's Agent
Jacqueline Moore
Opendoor Brokerage Inc.
Buyer's Agent
Donna Cartwright
Estate Properties
List Price
$681,000
Sold Price
$681,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 12, 2019
Sold by
Wai Ho Kun
Bought by
Kobayashi Kazuhito
Seller's Agent
Tomoko Maruo
Indigo - A Real Estate Company
Buyer's Agent
Susan Earnest
Peninsula Realty, Inc.
List Price
$539,000
Sold Price
$550,500
Premium/Discount to List
$11,500
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$412,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 4, 2019
Sold by
Kobayashi Kazuhito
Bought by
Chen Sarah K
Seller's Agent
Tomoko Maruo
Indigo - A Real Estate Company
Buyer's Agent
Susan Earnest
Peninsula Realty, Inc.
List Price
$539,000
Sold Price
$550,500
Premium/Discount to List
$11,500
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2010
Sold by
Kim Tae Wan and Kim Mi Ae
Bought by
Kobayashi Kazuhito

Purchase Details

Closed on
Oct 9, 2003
Sold by
Muraoka Allison K
Bought by
Kim Tae Wan and Kim Mi Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1996
Sold by
Diethelm Steven and Diethelm Celeste
Bought by
Muraoka Allison K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Ray $725,000 Progressive Title Company
Lim Michael Roland $681,000 Chicago Title
Kobayashi Kazuhito -- Wfg National Title Company
Chen Sarah K $550,500 Wfg National Title Company
Kobayashi Kazuhito $385,000 Provident Title Company
Kim Tae Wan $334,000 Ticor Title Company
Muraoka Allison K $162,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Ray $543,750
Previous Owner Chen Sarah K $412,875
Previous Owner Kim Tae Wan $267,200
Previous Owner Muraoka Allison K $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $725,000 +5.1% $677 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $690,000 +1.3% $644 / Sq Ft
02/25/2022 02/25/22 Sold $681,000 0.0% $636 / Sq Ft View Prior Sale
01/31/2022 01/31/22 Pending -- -- --
10/06/2021 10/06/21 For Sale $681,000 +23.7% $636 / Sq Ft
04/17/2019 04/17/19 Sold $550,500 0.0% $514 / Sq Ft View Prior Sale
03/22/2019 03/22/19 Off Market $550,500 -- --
02/13/2019 02/13/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $569,000 +5.6% $531 / Sq Ft
02/01/2019 02/01/19 For Sale $539,000 -- $503 / 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 $8,585 $739,500 $549,576 $189,924
2024 $8,585 $708,512 $517,599 $190,913
2023 $8,462 $694,620 $507,450 $187,170
2022 $7,596 $638,700 $482,600 $156,100
2021 $6,923 $567,326 $413,772 $153,554
2020 $6,824 $561,510 $409,530 $151,980
2019 $1,127 $445,495 $293,913 $151,582
2018 $5,396 $436,760 $288,150 $148,610
2016 $5,121 $419,802 $276,961 $142,841
2015 $5,093 $413,497 $272,801 $140,696
2014 $5,027 $405,398 $267,458 $137,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24075067

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-034