NOT LISTED FOR SALE

Palos Verdes 5965 Peacock Ridge Rd Unit 401 Rancho Palos Verdes, CA 90275

Estimated Value: $758,425 - $897,000

2 Beds
2 Baths
1,249 Sq Ft
$399/mo HOA Fee

Last Sold July 11, 2014

Last sale price $540,000 $432 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,434/month

46 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • 0.99 Acre Lot
  • Montemalaga Elementary School Rated A+
  • Gated Community
  • Contemporary Architecture

About This Home

As of July 2014

Located in the Palos Verdes Pennisula, this stunning remodeled penthouse condo offers beautiful Catalina-ocean views. Bright and airy throughout. The living room features floor to ceiling windows, glass tiled fireplace and sliding glass doors to outside patio. Fabulous spacious kitchen has corian countertops , new backsplash, new appliances, new fixtures, loads of cabinet space, breakfast bar and travertine floors. The comfortable master suite has a large walk-in closet and private updated bathroom. Inside laundry area. Additonal upgrades include new carpet and paint, new energy efficient Pella windows and sliding patio door that are dual pane and filled with argon gas, new light fixtures, all new light switches and power outlets made by Legrande adorne, custom window treatments on all windows..the list goes on! Two side by side parking spaces with storage area. Complex has pool and community room for your enjoyment. Close to the Pennisula shopping center and award winning Pennisula High School. Don’t miss this wonderful home!

Last Agent to Sell the Property

Christy Setaro

Rodeo Realty License #00982714 Listed on: 04/22/2014

Rodeo Realty

Last Buyer's Agent

Yumi Yager

Realty ONE Group United License #01297935

Realty ONE Group United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,643

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • End Unit
  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Woods

Home Design

  • Contemporary Architecture
  • Turnkey
  • Common Roof

Interior Spaces

  • 1,249 Sq Ft Home
  • Double Pane Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31493
  • Assessor Parcel Number 7587007102

Community Details

Overview

  • 70 Units
  • Classic Property Mgt Association, Phone Number (310) 972-9999

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,643

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: light fixtures, window treatments, microwave, range
  • Property Attached: Yes
  • Security: Card/Code Access, Gated Community
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7587007102
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1249.00
  • Entry Location: Ground Level With Steps,Top Level,Penthouse,Elevat
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Carpet, Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 432.35
  • Room Type: Living Room, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • View: Catalina, Coastline, Ocean, Trees/Woods
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Common Area, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gas, Pool, Recreation Room, Trash, Water
  • Association Fee: 399.00
  • Association Fee Frequency: Monthly
  • Association Name: Classic Property MGT
  • Phone: 310-972-9999
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 43078.00
  • Lot Size Acres: 0.9890

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43078.0000 Square Feet
  • Number Of Units In Community: 70

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 31493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Yamazaki Ichiro and Yamazaki Chikako
Bought by
Yamazaki Ichiro and Yamazaki Chikako
Current Estimated Value
$813,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,500
Outstanding Balance
$298,970
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$514,386

Purchase Details

Closed on
Aug 24, 2015
Sold by
Yamazaki Ichiro and Yamazaki Chikako
Bought by
Yamazaki Ichiro and Yamazaki Chikako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jul 9, 2014
Sold by
Nam Earnest and Nam Sang Shin
Bought by
Yamazaki Ichiro and Yamazaki Chikako
Seller's Agent
Christy Setaro
Rodeo Realty
Buyer's Agent
Yumi Yager
Realty ONE Group United
List Price
$549,999
Sold Price
$540,000
Premium/Discount to List
-$9,999
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$351,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 2013
Sold by
Nam Earnest
Bought by
Nam Earnest and Nam Sang Shin

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 6, 2013
Sold by
Hardeman Andre J
Bought by
Nam Earnest
Seller's Agent
Francis Richard St. Amant
BerkshireHathaway HomeServices
Buyer's Agent
Shawyue Doong
SHAWYUE DOONG REALTY
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$382,400
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Sawyer Madelyn
Bought by
Hardeman Andre J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2003
Sold by
Thor Properties Llc
Bought by
Sawyer Madelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Hammond Michael W and Willet Lorri A
Bought by
Thor Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
Hammond Charles L and Hammond Charles L
Bought by
Hammond Charles L and Hammond Irrevocable Margaret A
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
Yamazaki Ichiro -- Fidelity National Title
Yamazaki Ichiro -- First American Title
Yamazaki Ichiro $540,000 Equity Title
Nam Earnest -- Ticor Title Company
Nam Earnest $485,000 Ticor Title
Hardeman Andre J $565,000 North American Title Co
Sawyer Madelyn $425,000 Southland Title Corporation
Thor Properties Llc $315,000 Southland Title Corporation
Hammond Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yamazaki Ichiro $329,500
Previous Owner Yamazaki Ichiro $350,000
Previous Owner Yamazaki Ichiro $351,000
Previous Owner Nam Earnest $382,400
Previous Owner Hardeman Andre J $452,000
Previous Owner Hardeman Andre J $113,000
Previous Owner Sawyer Madelyn $440,000
Previous Owner Sawyer Madelyn $60,000
Previous Owner Sawyer Madelyn $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $540,000 -1.8% $432 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $549,999 +13.4% $440 / Sq Ft
06/14/2013 06/14/13 Sold $485,000 -2.8% $388 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $499,000 -- $400 / 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 $7,643 $648,990 $423,407 $225,583
2024 $7,643 $636,265 $415,105 $221,160
2023 $7,534 $623,790 $406,966 $216,824
2022 $7,158 $611,560 $398,987 $212,573
2021 $7,162 $599,569 $391,164 $208,405
2020 $7,058 $593,423 $387,154 $206,269
2019 $6,850 $581,788 $379,563 $202,225
2018 $6,811 $570,381 $372,121 $198,260
2016 $6,467 $548,234 $357,672 $190,562
2015 $6,417 $540,000 $352,300 $187,700
2014 $5,879 $487,201 $305,581 $181,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14083722

California Regional Multiple Listing Service (CRMLS)

APN: 7587-007-102