NOT LISTED FOR SALE

5937 Armaga Spring Rd Unit D Rancho Palos Verdes, CA 90275

Estimated Value: $679,140 - $938,000

2 Beds
2 Baths
1,071 Sq Ft
4.94 Acres

Last Sold June 20, 2016

Last sale price $475,000 $444 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,531/month

Highlights

  • View of Catalina
  • Primary Bedroom Suite
  • 4.94 Acre Lot
  • Montemalaga Elementary School Rated A+
  • Updated Kitchen
  • Stone Countertops

About This Home

As of November 2020

This upper unit features 2 bedrooms and 2 bathrooms in a quiet community. Remodeled kitchen offers stainless steel appliances and elegant finishes. In-unit laundry area is conveniently located in the hallway. Both bathrooms have remodeled cabinetry and soft close drawers. Large master suite features a walk in closet and supple storage. Relax with peek-a-boo views of Catalina island from every room. Brand new carpeting in both bedrooms. Two adjacent covered parking spots in the garage with electric vehicle charging. Beautifully landscaped exterior with a resort like pool area and barbecue. Walking distance to Ridgecrest school and Highridge park and a few short minutes from Peninsula Promenade shopping plaza. Up to 2 pets allowed.

Last Agent to Rent the Property

Daniel Yodice

eXp Realty of California Inc License #02043962 Listed on: 09/18/2020

eXp Realty of California Inc

Last Renter's Agent

Yuri Yano

Kasumi Realty, Inc. License #01241367

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1969

Lot Details

  • 4.94

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,071 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Views of Catalina

Kitchen

  • Updated Kitchen
  • Stone Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Additional Features

  • Two or More Common Walls
  • Radiant Heating System

Listing and Financial Details

  • Security Deposit $4,425
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 9/21/20
  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009017

Community Details

Overview

  • Property has a Home Owners Association
  • 98 Units

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Park
  • Dog Park
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,885

Year Built

Built in 1969

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-09-21
  • Credit Check Paid By: Tenant
  • Deposit Security: 4425
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: RPRS10000*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7587009017
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1071.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.61
  • Room Type: Kitchen, Laundry, Living Room, Master Suite
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Drawers, Stone Counters

Exterior Features

  • View: Catalina
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 215371.00
  • Lot Size Acres: 4.9442
  • Latitude Manual: 33.77275900

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 215371.0000 Square Feet
  • Number Of Units In Community: 98
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

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
May 11, 2016
Closed on
May 17, 2016
Sold by
Kolodinski Elke
Bought by
John Abraham Dardel Pannir and Abraham Sangeetha Vaikuntam
Seller's Agent
Lauren Perreault
Fiv Realty Co.
Buyer's Agent
George Silva
Keller Williams Realty
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Current Estimated Value
$754,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,535
Avg. Annual Appreciation
5.01%
Original Mortgage
$420,481
Outstanding Balance
$330,190
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$424,345

Purchase Details

Listed on
Feb 28, 2013
Closed on
Apr 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kolodinski Elke
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Orlando JimenezFord
Redfin
List Price
$419,900
Sold Price
$370,000
Premium/Discount to List
-$49,900
-11.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$351,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Workman Douglas and Welna Cynthia A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 29, 2010
Sold by
Welna Cynthia A
Bought by
Workman Douglas

Purchase Details

Closed on
May 8, 2006
Sold by
5937 D Armaga Spring Road Trust
Bought by
Workman Douglas and Welna Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2005
Sold by
Watson Richard A and Watson Maureen G
Bought by
5937 D Armage Spring Road Trust and Hermitage Investment Llc
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
John Abraham Dardel Pannir $475,000 Progressive Title Company
Kolodinski Elke $370,000 Lawyers Title Company
Federal Home Loan Mortgage Corporation $345,000 Accommodation
Workman Douglas -- Accommodation
Workman Douglas $495,000 First American Title Co
5937 D Armage Spring Road Trust $447,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Abraham Dardel Pannir $420,481
Previous Owner Kolodinski Elke $351,500
Previous Owner Workman Douglas $74,250
Previous Owner Workman Douglas $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2020 11/01/20 Rented $2,800 -5.1% --
10/31/2020 10/31/20 Off Market $2,950 -- --
09/18/2020 09/18/20 For Rent $2,950 0.0% --
06/20/2016 06/20/16 Sold $475,000 +5.6% $444 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $450,000 -5.3% $420 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
05/04/2016 05/04/16 Off Market $475,000 -- --
04/25/2016 04/25/16 For Sale $450,000 -5.3% $420 / Sq Ft
04/04/2016 04/04/16 Off Market $475,000 -- --
04/04/2016 04/04/16 For Sale $450,000 +21.6% $420 / Sq Ft
04/26/2013 04/26/13 Sold $370,000 -11.9% $345 / Sq Ft View Prior Sale
03/11/2013 03/11/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $419,900 -- $392 / 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 $6,885 $562,294 $380,704 $181,590
2024 $6,885 $551,270 $373,240 $178,030
2023 $6,786 $540,462 $365,922 $174,540
2022 $6,452 $529,866 $358,748 $171,118
2021 $6,411 $519,477 $351,714 $167,763
2019 $6,135 $504,071 $341,283 $162,788
2018 $6,087 $494,189 $334,592 $159,597
2016 $4,750 $384,884 $243,622 $141,262
2015 $4,725 $379,104 $239,963 $139,141
2014 $4,666 $371,679 $235,263 $136,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20195498

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-017