NOT LISTED FOR SALE

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

Estimated Value: $677,495 - $807,000

2 Beds
2 Baths
1,071 Sq Ft
$530/mo HOA Fee

Last Sold November 16, 2020

Last sale price $565,000 $528 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,147/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • 4.94 Acre Lot
  • Wood Flooring

About This Home

As of November 2020

Welcome home to this impeccable condo located in the Armaga Springs Community, in the beautiful Rancho Palos Verdes! Enjoy the spacious living area which features a balcony off the living room and a kitchen with counter seating, perfect for entertaining! The home has also been updated with new hardwood flooring, new paint and double pane windows! Master suite includes nice walk-in closet with its own full bathroom. It has 2 parking spaces! 1 located in a covered garage lot and another reserved spot right in front of the Unit! This community also includes a pool and area and walking distance to Highridge park! Also located in prestigious Palos Verdes Peninsula Unified School District and very close proximity to Peninsula Center and the Palos Verdes Promenade Shopping Mall! This gem is a MUST SEE!

Last Listed By

Kyle Murata

Movoto Real Estate License #01954660 Listed on: 10/09/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,408

Year Built

  • Built in 1969

Lot Details

  • 4.94

HOA Fees

Parking

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

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31249
  • Assessor Parcel Number 7587009006

Community Details

Overview

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

Amenities

  • Community Storage Space

Recreation

  • Community Pool
  • Hiking Trails

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,408

Year Built

Built in 1969

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: RPRS10000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587009006
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1071.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, Separated
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 527.54
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Storage, Maintenance Grounds, Trash, Pet Rules
  • Association Fee: 450.00
  • Association #2 Fee: 80.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Armaga Spring
  • Phone: (310) 370-2696
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Hiking, Sidewalks, Storm Drains, Street Lights
  • Association Management: Scott Management

Schools

  • School District: Palos Verdes Peninsula Unified

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: 83
  • 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
Oct 9, 2020
Closed on
Oct 16, 2020
Sold by
Niroomandi Azar and Niroomandi Ali
Bought by
Reveche Ann Marie C
Seller's Agent
Kyle Murata
Movoto Real Estate
Buyer's Agent
Leslie Gomez
Keller Williams Realty
List Price
$559,000
Sold Price
$565,000
Premium/Discount to List
$6,000
1.07%
Total Days on Market
3
Current Estimated Value
$714,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,624
Avg. Annual Appreciation
5.32%
Original Mortgage
$339,000
Outstanding Balance
$303,719
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$410,905

Purchase Details

Closed on
Dec 5, 2012
Sold by
Niroomandi Azar
Bought by
Niroomandi Azar and Niroomandi Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Niroomandi Ali
Bought by
Niroomandi Azar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Zalewski Edward S and Choi Masae M
Bought by
Niroomandi Ali and Niroomandi Azar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,600
Interest Rate
6.76%

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
Reveche Ann Marie C $565,000 Chicago Title Company
Niroomandi Azar -- First American Els
Niroomandi Azar -- United Title Company-La
Niroomandi Ali $179,500 Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reveche Ann Marie C $75,000
Open Reveche Ann Marie C $339,000
Previous Owner Niroomandi Azar $280,000
Previous Owner Niroomandi Azar $294,760
Previous Owner Niroomandi Azar $300,000
Previous Owner Niroomandi Ali $100,000
Previous Owner Niroomandi Ali $60,000
Previous Owner Niroomandi Ali $196,000
Previous Owner Niroomandi Ali $179,000
Previous Owner Niroomandi Ali $143,600
Closed Niroomandi Ali $17,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $565,000 +1.1% $528 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $559,000 -- $522 / 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
2024 $7,408 $599,581 $438,703 $160,878
2023 $7,301 $587,825 $430,101 $157,724
2022 $6,940 $576,300 $421,668 $154,632
2021 $6,898 $565,000 $413,400 $151,600
2019 $3,480 $252,245 $138,841 $113,404
2018 $3,437 $247,300 $136,119 $111,181
2016 $3,260 $237,698 $130,834 $106,864
2015 $3,251 $234,128 $128,869 $105,259
2014 $3,216 $229,543 $126,345 $103,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20211498

California Regional Multiple Listing Service (CRMLS)

APN: 7587-009-006