NOT LISTED FOR SALE

61 Oceanaire Dr Rancho Palos Verdes, CA 90275

Estimated Value: $3,361,545 - $4,909,000

3 Beds
3.5 Baths
3,120 Sq Ft
$1,269/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $2,885,000 $925 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $24,047/month

9 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Spanish Architecture
  • Vista Grande Elementary Rated A+
  • 64,202 Sq Ft lot
  • Bonus Room

About This Home

As of May 2019

Spectacular PANORAMIC OCEAN VIEWS from virtually every room in this one-of-a kind home sitting atop PV's Nature Preserve in the highly desirable Del Cerro neighborhood. Catalina views stretch out before you with turquoise coves and coastline to the north and south!! The house boasts two oversized master bedrooms with ocean views and en-suite baths. There are two additional rooms that could serve as bedrooms or an office/bonus room. Brightly lit living room with fireplace, large formal dining, and spacious baths are all great features. The outdoor pool/spa with panoramic views are great for entertaining. The 1.5 acres stretches down the hill with your own private hiking trail with multiple secluded sitting areas. Del Cerro Park, PV's Nature Preserve and its many more trails are within a 5-minute walk. PV's award-winning schools, fine dining, Terranea Resort and Trump National Golf Course are all within a short drive. This is a generational property you cannot miss.

Last Agent to Sell the Property

Sean Robbins

eXp Realty of California Inc License #01709620 Listed on: 04/04/2019

eXp Realty of California Inc

Last Buyer's Agent

Farshid "Fred" Nayebi

Estate Properties License #01968456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,496

Year Built

  • Built in 1974

Lot Details

  • 1.47 Acre Lot
  • Property is zoned RPRS20000-

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property
  • Bar
  • Gas Fireplace
  • Bonus Room
  • Tile Flooring
  • Ocean Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7581-028-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,496

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3120
  • Stories: 1
  • Year Built: 1974
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 927.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7581-028-024
  • Geocode Override: No
  • Lot Size Area: 64202

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 3, 2019
Sold by
The Schriver Living Trust
Bought by
Wei Yachun and Lee Dana Hua
Seller's Agent
Sean Robbins
eXp Realty of California Inc
Buyer's Agent
Farshid "Fred" Nayebi
Estate Properties
List Price
$2,895,000
Sold Price
$2,885,000
Premium/Discount to List
-$10,000
-0.35%
Current Estimated Value
$3,958,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,386
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Schriver Donald
Bought by
Schriver Donald and Schriver Shirley May

Purchase Details

Closed on
Jul 15, 2005
Sold by
D & S Schriver Family Lp
Bought by
Schriver Donald and Schriver Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 1997
Sold by
Schriver Shirley
Bought by
D & S Schriver Family Ltd Partnership
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
Wei Yachun $2,885,000 Chicago Title Company
Schriver Donald -- None Available
Schriver Donald -- --
D & S Schriver Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schriver Donald $1,215,000
Previous Owner Schriver Donald $1,185,000
Previous Owner Schriver Donald $200,000
Previous Owner Schriver Donald $300,000
Previous Owner Schriver Donald $300,000
Previous Owner Schriver Donald $850,000
Previous Owner Schriver Donald $650,000
Previous Owner Schriver Donald $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $2,885,000 -0.3% $925 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $2,895,000 -- $928 / Sq Ft
Source: The MLS

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 $35,496 $3,218,266 $2,454,138 $764,128
2024 $35,496 $3,155,164 $2,406,018 $749,146
2023 $34,959 $3,093,299 $2,358,842 $734,457
2022 $33,120 $3,032,647 $2,312,591 $720,056
2021 $33,045 $2,973,185 $2,267,247 $705,938
2019 $13,921 $1,202,923 $588,245 $614,678
2018 $13,693 $1,179,337 $576,711 $602,626
2016 $13,002 $1,133,543 $554,317 $579,226
2015 $13,077 $1,116,517 $545,991 $570,526
2014 $12,926 $1,094,647 $535,296 $559,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-451576

The MLS

APN: 7581-028-024