NOT LISTED FOR SALE

5931 Armaga Spring Rd Unit B Rancho Palos Verdes, CA 90275

Estimated Value: $575,126 - $633,000

1 Bed
1 Bath
696 Sq Ft
$599/mo HOA Fee

Last Sold January 11, 2024

Last sale price $590,000 $848 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,299/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • 4.95 Acre Lot
  • Clubhouse
  • Montemalaga Elementary School Rated A+
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of January 2024

Look no further to find one of the most unique cottage-style condos in PV. To call it simply a "condo" would be a disservice and understatement as this beautiful unit is so much more than that. Tucked away in the quietest and most private part of the complex, you can enjoy a peaceful and serene environment while still having the convenience of close parking, complex amenities, and all that the Peninsula has to offer. With only one common wall, this is one of the few units that does not have other units on either side or above or below, which affords you a feel similar to a single family home. Recently remodeled, this light and bright unit features French oak engineered hardwood flooring throughout, soaring vaulted ceilings, and an abundance of natural light. The kitchen features beautiful quartz countertops and plenty of cabinets and counterspace. Just off of the kitchen is the unit’s private patio - plenty of space for you to spend time outside enjoying the tranquility of your new home...relax, entertain, or simply enjoy the outdoors. If you have a green thumb, this is the perfect space to plant your garden! The living room is oversized and features a fireplace for those chilly nights or to create ambiance while entertaining family and friends. Overlooking the living room is a bonus area that creates a great flex space, including storage, for you to use. The complex features a swimming pool, clubhouse, tree-lined walkways - everything you need to add a little more nature and joy to your life. Two assigned parking spaces (one covered, one in front of the unit), as well as a storage shed for your extra things! Nearby are dozens of trails all over the Peninsula that wind through nature preserves overlooking the ocean, bridle trails and lagoons. Just down the road is the Peninsula Center - no need to go off of the hill for all of your shopping needs; take advantage of some of the best restaurants around! This beautiful cottage is not one to be missed!

Last Agent to Sell the Property

Brooke Dianich

Keller Williams Luxury License #01325866 Listed on: 11/02/2023

Keller Williams Luxury

Last Buyer's Agent

Matthew Chi

eCentury Mortgage & Realty Inc License #02074874

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,609

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Back Yard

HOA Fees

  • $599 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot
  • Assigned Parking

Home Design

  • Patio Home
  • Turnkey
  • Tile Roof

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Views of Woods
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Soaking Tub
  • Walk-in Shower

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009020

Community Details

Overview

  • 98 Units
  • Armaga Springs HOA, Phone Number (310) 403-4413

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,609

Year Built

Built in 1969 | Remodeled

Lot Details

0

HOA Fees

$599 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: RPRS10000*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587009020
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 696.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Entry Location: Living Room
  • Common Walls: 1 Common Wall, End Unit
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 847.70
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower, Remodeled, Soaking Tub, Upgraded
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Trees/Woods
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Refrigerator, Water Heater
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Clubhouse
  • Association Fee: 599.00
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Springs HOA
  • Phone: 3104034413
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Armaga Springs HOA

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Patio Home
  • 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
Nov 2, 2023
Closed on
Jan 5, 2024
Sold by
Ise Jennifer L
Bought by
Gu Claire
Seller's Agent
Brooke Dianich
Keller Williams Luxury
Buyer's Agent
Matthew Chi
eCentury Mortgage & Realty Inc
List Price
$589,000
Sold Price
$590,000
Premium/Discount to List
$1,000
0.17%
Views
27
Current Estimated Value
$594,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,532
Avg. Annual Appreciation
0.47%
Original Mortgage
$295,000
Outstanding Balance
$290,274
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$304,258

Purchase Details

Listed on
Nov 2, 2023
Closed on
Nov 15, 2023
Sold by
Ke Chun Chang
Bought by
Gu Claire
Seller's Agent
Brooke Dianich
Keller Williams Luxury
Buyer's Agent
Matthew Chi
eCentury Mortgage & Realty Inc
List Price
$589,000
Sold Price
$590,000
Premium/Discount to List
$1,000
0.17%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$290,274
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$304,258

Purchase Details

Closed on
Aug 27, 2008
Sold by
Hawley Robert James
Bought by
Ise Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Feuer Wynn
Bought by
Hawley Robert James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Gu Claire $590,000 Lawyers Title Company
Gu Claire -- Lawyers Title Company
Ise Jennifer L $345,000 Southland Title Company
Hawley Robert James $338,000 Ticor Gln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gu Claire $295,000
Previous Owner Ise Jennifer L $275,000
Previous Owner Hawley Robert James $264,000
Closed Hawley Robert James $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $590,000 +0.2% $848 / Sq Ft
11/02/2023 11/02/23 For Sale $589,000 -- $846 / 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 $5,609 $601,800 $445,740 $156,060
2024 $5,609 $435,553 $303,880 $131,673
2023 $5,526 $427,014 $297,922 $129,092
2022 $5,258 $418,642 $292,081 $126,561
2021 $5,220 $410,434 $286,354 $124,080
2019 $4,997 $398,261 $277,861 $120,400
2018 $4,952 $390,453 $272,413 $118,040
2016 $4,706 $375,293 $261,836 $113,457
2015 $4,683 $369,656 $257,903 $111,753
2014 $4,460 $347,000 $242,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23197267

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-020