NOT LISTED FOR SALE

5947 Armaga Spring Rd Unit M Rancho Palos Verdes, CA 90275

Estimated Value: $658,827 - $718,000

2 Beds
2 Baths
1,071 Sq Ft
$645/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $508,000 $474 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,259/month

About This Home

As of May 2017

Upgraded 1st floor 2 bedroom, 2 bath condo in PV. Newer Washer and Dryer and Refrigerator are included. Very spacious living room and dining area. Living room has a balcony and pool view. Laminated floors in the entire home except tiles in Dinning area, Kitchen and bathrooms. Newer vinyl dual pane windows throughout the unit. The kitchen has granite counter, stainless appliances, recessed lighting, tile floors and beautiful backsplash and top of the line water filtering system. Double doors lead to a spacious master suite and has huge walk-in closet. Very quiet and convenient location. 2 side-by-side car parking spaces in garage. Walking distance to award winning Ridgecrest Intermediate School and Peninsula High school, Shopping center and Park. Wonderful community pool to enjoy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 17, 2017
Sold by
Chen Edward and Chen Joanne Marie Hung
Bought by
Lee Christine
Seller's Agent
Monica Mah
PREMIER INVESTORS R. E. INC.
Buyer's Agent
Shel-lee Davis
Vista Sotheby's International Realty
List Price
$510,000
Sold Price
$508,000
Premium/Discount to List
-$2,000
-0.39%
Current Estimated Value
$690,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,957
Avg. Annual Appreciation
3.88%
Original Mortgage
$393,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2015
Sold by
Chen Edward
Bought by
Chen Edward and Chen Joanne Marie Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2009
Sold by
Wells Cherl and Wells 2006 Revocable Living Tr
Bought by
Chen Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Wells Jack H and Wells Alicia M
Bought by
Wells Jack H and Wells 2006 Revocable Living Tr
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Lee Christine $508,000 Ticor Title
Chen Edward -- Pacific Coast Title Company
Chen Edward $425,000 Lawyers Title
Wells Jack H -- None Available
Wells Jack H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Christine $400,000
Closed Lee Christine $393,000
Previous Owner Chen Edward $150,000
Previous Owner Chen Edward $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Rented $3,400 0.0% --
03/20/2024 03/20/24 Under Contract -- -- --
01/23/2024 01/23/24 For Rent $3,400 0.0% --
05/05/2017 05/05/17 Sold $508,000 -0.4% $474 / Sq Ft
04/01/2017 04/01/17 For Sale $510,000 +0.4% $476 / Sq Ft
03/30/2017 03/30/17 Off Market $508,000 -- --
03/26/2017 03/26/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $510,000 -- $476 / Sq Ft

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 $7,099 $578,013 $403,017 $174,996
2023 $6,995 $566,680 $395,115 $171,565
2022 $6,649 $555,569 $387,368 $168,201
2021 $6,606 $544,676 $379,773 $164,903
2019 $6,319 $528,522 $368,509 $160,013
2018 $6,269 $518,160 $361,284 $156,876
2016 $5,463 $445,000 $302,000 $143,000
2015 $5,504 $445,000 $302,000 $143,000
2014 -- $401,000 $272,000 $129,000
Source: Public Records

Agents Affiliated with this Home

  • Hisako Suzuki

    Seller's Agent in 2024

    Hisako Suzuki

    Person Realty Inc.

    (310) 463-7936

    3 in this area

    10 Total Sales

    Hisako Suzuki
    Section Image

  • N

    Buyer's Agent in 2024

    Norifumi Terashima

    RELO REDAC, Inc.

    (310) 210-7774

    Section Image

  • M

    Seller's Agent in 2017

    Monica Mah

    PREMIER INVESTORS R. E. INC.

    (626) 279-6938

    Monica Mah
    Section Image

  • S

    Buyer's Agent in 2017

    Shel-lee Davis

    Vista Sotheby's International Realty

    (310) 710-8572

    12 Total Sales

    Shel-lee Davis
    Section Image
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Map

California Los Angeles County Rancho Palos Verdes 90275

5947 Armaga Spring Rd Unit M, Rancho Palos Verdes, CA

This home is located at 5947 Armaga Spring Rd Unit M, Rancho Palos Verdes, CA 90275 and is currently estimated at $690,957, approximately $645 per square foot. 5947 Armaga Spring Rd Unit M is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Ridgecrest Intermediate, and Palos Verdes Peninsula High School.

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