5937 Armaga Spring Rd Unit D Rancho Palos Verdes, CA 90275
2
Beds
2
Baths
1,071
Sq Ft
$460/mo
HOA Fee
Highlights
- In Ground Pool
- No Units Above
- 2 Car Attached Garage
- Montemalaga Elementary School Rated A+
- L-Shaped Dining Room
- Double Pane Windows
About This Home
As of June 2016A move-in ready two bedroom, two bath condo in the prestigious Palos Verdes area for under $500,000? Private tree-top view with peek of ocean and Catalina Island? How about your own car charging outlet in the garage that you control? And an in-unit laundry area? Say yes, please! This well laid out condo in a beautifully landscaped and quiet complex is waiting for you. Newer carpet, new dishwasher, engineered wood floors, great floorpan for roommates. Stylish and immaculate! Good location with an easy commute off the hill down Hawthorne. HOA dues include not only the typical "walls-out" fire and liability insurance, but also include "walls-in" insurance, making this a very good deal for the new homeowner. Why rent? It's time to let Uncle Sam give you a tax break and put your money to work for you gaining equity. Makes a great investment property as well, as there are no rental restrictions in the complex and Palos Verdes school district is in big demand. Similar units have rented for up to $2700 a month in this complex. FHA approved complex too!
Last Agent to Sell the Property
Fiv Realty Co. License #01517010 Listed on: 05/11/2016
Last Buyer's Agent
George Silva
Keller Williams Realty License #01782364
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,885
Year Built
- Built in 1969
Lot Details
- No Units Above
- Two or More Common Walls
HOA Fees
- $460 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Assigned Parking
- Community Parking Structure
Home Design
- Stucco
Interior Spaces
- 1,071 Sq Ft Home
- 2-Story Property
- Brick Wall or Ceiling
- Ceiling Fan
- Double Pane Windows
- L-Shaped Dining Room
Kitchen
- Breakfast Bar
- Electric Range
- Ceramic Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- In Ground Pool
- Exterior Lighting
Additional Features
- Suburban Location
- Radiant Heating System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 31249
- Assessor Parcel Number 7587009017
Community Details
Overview
- Master Insurance
- 98 Units
Recreation
- Community Pool
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%
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,646
Avg. Annual Appreciation
4.20%
Original Mortgage
$420,481
Interest Rate
3.25%
Mortgage Type
FHA
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $475,000 | Progressive Title Company | |
| Grant Deed | $370,000 | Lawyers Title Company | |
| Trustee Deed | $345,000 | Accommodation | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $495,000 | First American Title Co | |
| Trustee Deed | $447,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $395,000 | New Conventional | |
| Closed | $420,481 | FHA | |
| Previous Owner | $341,000 | New Conventional | |
| Previous Owner | $351,500 | New Conventional | |
| Previous Owner | $74,250 | Credit Line Revolving | |
| Previous Owner | $396,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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
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 | $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
-
Daniel Yodice
Seller's Agent in 2020
Daniel Yodice
eXp Realty of California Inc
(808) 990-8452
1 in this area
8 Total Sales
-
Yuri Yano
Y
Buyer's Agent in 2020
Yuri Yano
Kasumi Realty, Inc.
(310) 532-7777
22 Total Sales
-
Lauren Perreault
Seller's Agent in 2016
Lauren Perreault
Fiv Realty Co.
(503) 388-2888
4 Total Sales
-
G
Buyer's Agent in 2016
George Silva
Keller Williams Realty
(310) 684-9722
-
Seller's Agent in 2013
Leo Nordine
Nordine Realtors, Inc.
(310) 268-9190
-
O
Buyer's Agent in 2013
Orlando JimenezFord
Redfin
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16069731
APN: 7587-009-017
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