NOT LISTED FOR SALE

5959 Peacock Ridge Rd Unit 8 Rancho Palos Verdes, CA 90275

Estimated Value: $783,268 - $959,000

2 Beds
2.5 Baths
1,244 Sq Ft
$383/mo HOA Fee

Last Sold May 25, 2016

Last sale price $630,000 $506 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,667/month

105 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • No Units Above
  • Gated Community

About This Home

As of May 2016

Completely Remodeled with Sweeping Panoramic Ocean and City Lights Views! This 2-story townhome style condo features 2 bedrooms, 2.5 bathrooms and approximately 1,244 SF of living space with breathtaking ocean and city lights views from both floors. The entry level features a beautifully remodeled kitchen with granite countertops, dishwasher, microwave, range, and stainless steel refrigerator; a dining area and living room with fireplace, patio and ocean and city lights views; and a powder room which is perfect for guests. The upper level features a spacious master suite with ocean and city lights views, a full bathroom with granite countertops, a second bedroom with separate entry, a full second bathroom and a washer/dryer closet that will accommodate a stacking washer and dryer. Tons of storage is located within the unit and also a huge, private storage room (6' x 14') is located under the garage level for this unit's exclusive use. Other features include 2-car assigned parking spaces in the subterranean garage, sparkling swimming pool in the complex, gleaming laminate flooring, custom built interior stairs with custom wrought iron railing, Baldwin hardware and award-winning Palos Verdes Peninsula Unified School District schools.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 01/11/2016

Last Buyer's Agent

Judith Fradkin

Compass Realty Group License #01889067

Compass Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,754

Year Built

  • Built in 1973

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • In Ground Pool
  • Living Room Balcony
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31871
  • Assessor Parcel Number 7587007113

Community Details

Overview

  • Master Insurance
  • 10 Units
  • Whitestone Association
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,754

Year Built

Built in 1973

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587007113
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1244.00
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 506.43
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic, Water
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Electric, Fireplace(s), Radiant
  • Laundry Features: In Closet, Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Monthly, Gas, Insurance, Maintenance Grounds, Pet Rules, Pets Permitted, Pool, Storage, Trash, Water
  • Association Fee: 383.00
  • Association Fee Frequency: Monthly
  • Association Name: Whitestone
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lot 10000-19999 Sqft, Park Nearby, Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 31871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Apr 29, 2016
Sold by
Lee Brian Po Jen
Bought by
Hansen Paul Forrest and Hansen Caren Stephanie
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Judith Fradkin
Compass Realty Group
List Price
$645,000
Sold Price
$630,000
Premium/Discount to List
-$15,000
-2.33%
Current Estimated Value
$842,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,317
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Lin Iris
Bought by
Lee Brian Po Jen and Lee Jean Yueh

Purchase Details

Closed on
Feb 16, 2006
Sold by
Golden Gina M
Bought by
Lin Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 2003
Sold by
Ninonuevo Mary
Bought by
Golden Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2000
Sold by
Ninonuevo Mary
Bought by
Ninonuevo Mary and The Mary G Ninonuevo Trust

Purchase Details

Closed on
Oct 13, 2000
Sold by
Lambrecht Werner
Bought by
Ninonuevo Mary
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
Hansen Paul Forrest $630,000 Lawyers Title
Lee Brian Po Jen $645,000 Alliance Title Company
Lin Iris $583,000 Chicago Title Co
Golden Gina M $409,000 Investors Title Company
Ninonuevo Mary -- First American
Ninonuevo Mary $132,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Iris $87,000
Previous Owner Lin Iris $466,000
Previous Owner Golden Gina M $496,000
Previous Owner Golden Gina M $150,000
Previous Owner Golden Gina M $336,000
Previous Owner Golden Gina M $91,000
Previous Owner Golden Gina M $327,200
Closed Golden Gina M $61,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $630,000 -2.3% $506 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $645,000 -- $518 / 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 $8,754 $745,786 $420,244 $325,542
2024 $8,754 $731,163 $412,004 $319,159
2023 $8,630 $716,827 $403,926 $312,901
2022 $8,199 $702,772 $396,006 $306,766
2021 $8,204 $688,993 $388,242 $300,751
2019 $7,847 $668,560 $376,728 $291,832
2018 $7,803 $655,452 $369,342 $286,110
2016 $5,661 $465,000 $375,700 $89,300
2015 $6,664 $555,000 $448,400 $106,600
2014 $5,803 $479,000 $387,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16006363

California Regional Multiple Listing Service (CRMLS)

APN: 7587-007-113