NOT LISTED FOR SALE

Estimated Value: $2,143,000 - $3,406,000

5 Beds
3 Baths
2,877 Sq Ft
$949/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $1,650,000 $574 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $17,470/month

211 Days on Market

Highlights

  • Community Stables
  • Horse Property
  • Panoramic View
  • Dapplegray Elementary School Rated A+
  • Gated with Attendant
  • 100,583 Sq Ft lot

About This Home

As of February 2018

A great opportunity to purchase a house with Sparkling City Lights View and Big Flat Pad in the prestigious 24-hour guard gated community of Rolling Hills for $2 Million. VIEW AND BIG FLAT LAND are two of the biggest features of this property. Bring your contractor to remodel the existing house or build your dream home on this 2.3 acre lot. A private driveway leads you to this mid-century home atop, which provides tremendous privacy. The existing home sits on a big flat pad, and offers expansive city lights and mountain views from the living areas, master bedroom and 2 out of the other 3 guest/children's bedrooms. In the back is a large yard area that will be great for a landscaped backyard, pool/spa or kid’s playground. A separate flat lot on the mid level would accommodate horses and barns or an accessory building. There is a 3 car garage with plenty of parking space outside. This unique property offers tons of potential for the next owner. Priced to sell. The Property to be sold "As Is" in its present condition. The Seller will not do any physical or termite repair or credit.

Last Listed By

natsuko Fujii

Keller Williams Palos Verdes License #01893259 Listed on: 06/15/2017

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,941

Year Built

  • Built in 1960

Lot Details

  • 2.31 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RHRAS1

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Up Slope from Street
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Fixer Upper

Interior Spaces

  • 2,877 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

  • Dapplegray Elementary School
  • Miraleste Middle School
  • Palos Verdes High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Conventional Septic
  • Sewer Not Available

Additional Features

  • Horse Property
  • Suburban Location

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 6705
  • Assessor Parcel Number 7567003011

Community Details

Overview

  • Rolling Hills Community Association, Phone Number (310) 544-6222

Recreation

  • Tennis Courts
  • Community Stables
  • Horse Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,941

Year Built

Built in 1960

Lot Details

0

HOA Fees

$333 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: RHRAS1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7567003011
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2877.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Coffered Ceiling(s), Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 573.51
  • Room Type: Dressing Area, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bedroom
  • Bathroom Features: Double Sinks In Master Bath, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • View: City Lights, Mountain(s), Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Not Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Free-Standing Range, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Horse Trails, Dues Paid Semi-Annually, Pets Permitted, Guard, Security
  • Association Fee: 4000.00
  • Association Fee Frequency: Annually
  • Association Name: Rolling Hills Community Association
  • Phone: 310 544-6222
  • Senior Community: No
  • Community Features: Horse Trails, Stable(s), Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Dapplegray
  • Middle School: Miraleste
  • High School: Palos Verdes
  • Elementary School: Dapplegray
  • High School: Palos Verdes
  • Middle Or Junior School: Miraleste
  • Elementary School #2: DAPPLE
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Horse Property, Lot Over 40000 Sqft, Up Slope from Street
  • Lot Size Sq Ft: 100583.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6705.00
  • Tax Lot: 29
  • Tax Tract Number: 6705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Kim Tony Taekyung and Kim Suh Hee
Bought by
Lee Ken W and Lee Diana C
Total Days on Market
211
Current Estimated Value
$2,731,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
Feb 1, 2018
Sold by
Khalkhali Lraj and Lraj Khalkhali
Bought by
Kim Tony Taekyung and Kim Suh Hee
Seller's Agent
natsuko Fujii
Keller Williams Palos Verdes
Buyer's Agent
Tony Kim
Compass
List Price
$1,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$345,000
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2005
Sold by
Khalkhali Iraj and Khalkali Janita C
Bought by
Khalkhali Iraj and Khalkhali Janita C

Purchase Details

Closed on
Jul 12, 2004
Sold by
Rothi Mildred L and The Rothi Living Trust
Bought by
Khalkhali Iraj and Khalkhali Janita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

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
Lee Ken W $1,350,000 Hollywood Title Company
Kim Tony Taekyung $1,650,000 Progressive Title Company
Khalkhali Iraj -- --
Khalkhali Iraj $1,750,000 Progressive-Equity Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Ken W $850,000
Previous Owner Kim Tony Taekyung $1,000,000
Previous Owner Khalkhali Iraj $940,691
Previous Owner Khalkhali Iraj $954,000
Previous Owner Khalkhali Iraj $1,000,000
Closed Khalkhali Iraj $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $1,650,000 -17.3% $574 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $1,995,000 +20.9% $693 / Sq Ft
11/25/2017 11/25/17 Off Market $1,650,000 -- --
11/25/2017 11/25/17 For Sale $1,995,000 +20.9% $693 / Sq Ft
10/26/2017 10/26/17 Off Market $1,650,000 -- --
06/15/2017 06/15/17 For Sale $1,995,000 0.0% $693 / Sq Ft
09/05/2013 09/05/13 Rented $4,800 -4.0% --
08/26/2013 08/26/13 Under Contract -- -- --
06/20/2013 06/20/13 For Rent $5,000 +14.9% --
04/10/2012 04/10/12 Rented $4,350 -1.1% --
04/09/2012 04/09/12 Under Contract -- -- --
02/28/2012 02/28/12 For Rent $4,400 -- --
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 $23,941 $1,962,126 $1,426,027 $536,099
2023 $23,586 $1,923,654 $1,398,066 $525,588
2022 $22,085 $1,885,936 $1,370,653 $515,283
2021 $22,026 $1,848,958 $1,343,778 $505,180
2020 $21,736 $1,830,000 $1,330,000 $500,000
2019 $19,932 $1,683,000 $1,249,500 $433,500
2018 $9,954 $746,959 $501,916 $245,043
2016 $9,484 $717,956 $482,427 $235,529
2015 $9,402 $707,173 $475,181 $231,992
2014 $9,336 $693,321 $465,873 $227,448
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17125140

California Regional Multiple Listing Service (CRMLS)

APN: 7567-003-011