Seller's Agent in 2013
Lily Liang
Strand Hill Properties
(310) 373-3333
14 in this area
42 Total Sales
65 Paseo Del la Luz Rancho Palos Verdes, CA 90275
Estimated Value: $6,178,995 - $9,837,000
5
Beds
6
Baths
7,985
Sq Ft
$942/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Mira Catalina Elementary School Rated A+
- 0.56 Acre Lot
- Retreat
About This Home
As of April 2013$245000 price reduction!! Motivated seller! One of the newer homes in the prestigious Ocean Front Estate, built in 2005. Excellent views with a fully usable huge flat back yard. A wonderful floor plan with master suite on the ground level, 4 other bedroom suites plus library and private hobby room/studio behind garage or take it out and make it a 5 car garage. A semi out-door gym/entertaining area and a small basketball court. Gourmet kitchen is next to the family room with an additional secondary kitchen for heavy cooking. Great curb appeal with about 191 ft. of frontage. See to appreciate this handsome home.
Last Agent to Sell the Property
Strand Hill Properties License #00837794 Listed on: 08/13/2011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,097
Year Built
- Built in 2005
Lot Details
- 0.56 Acre Lot
- Wrought Iron Fence
- Gentle Sloping Lot
HOA Fees
- $395 Monthly HOA Fees
Parking
- 3 Car Garage
Property Views
- Ocean
- Panoramic
Home Design
- Mediterranean Architecture
- Turnkey
Interior Spaces
- 7,985 Sq Ft Home
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Home Office
- Library
- Bonus Room
- Home Gym
- Center Hall
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Freezer
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Dressing Area
- 6 Full Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 46628
- Assessor Parcel Number 7582022063
Community Details
Overview
- To Verified Association
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2011
Closed on
Apr 19, 2013
Sold by
Shokeen Amarjit and Shokeen Ramesh Kumari
Bought by
Zhao Runlin and Zheng Ruyi
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$4,195,000
Sold Price
$3,900,000
Premium/Discount to List
-$295,000
-7.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,622,749
Avg. Annual Appreciation
5.44%
Original Mortgage
$2,535,000
Outstanding Balance
$1,765,004
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,757,745
Purchase Details
Listed on
Aug 13, 2011
Closed on
Mar 20, 2013
Sold by
Chu Weijun
Bought by
Zheng Ruyi
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$4,195,000
Sold Price
$3,900,000
Premium/Discount to List
-$295,000
-7.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,535,000
Outstanding Balance
$1,765,004
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,757,745
Purchase Details
Closed on
Aug 3, 2009
Sold by
Shokeen Amarjit and Shokeen Ramesh Kumari
Bought by
Shokeen Amarjit and Shokeen Ramesh Kumari
Purchase Details
Closed on
May 3, 2005
Sold by
41 Oceanfront Llc
Bought by
Shokeen Amarjit and Shokeen Ramesh Kumari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 23, 2004
Sold by
Makallon Rpv Associates Llc
Bought by
41 Oceanfront Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Runlin | $3,900,000 | Lawyers Title Company | |
| Zheng Ruyi | -- | None Available | |
| Shokeen Amarjit | -- | None Available | |
| Shokeen Amarjit | $1,283,000 | Stewart Title | |
| 41 Oceanfront Llc | $1,150,000 | First American Title Co Los |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Runlin | $2,535,000 | |
| Previous Owner | Shokeen Amarjit | $3,000,000 | |
| Previous Owner | Shokeen Amarjit | $800,000 | |
| Previous Owner | Shokeen Amarjit | $1,500,000 | |
| Previous Owner | Shokeen Amarjit | $3,150,000 | |
| Previous Owner | 41 Oceanfront Llc | $1,967,000 | |
| Previous Owner | 41 Oceanfront Llc | $730,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2013 04/23/13 | Sold | $3,900,000 | -1.3% | $488 / Sq Ft |
| 02/07/2013 02/07/13 | Pending | -- | -- | -- |
| 06/12/2012 06/12/12 | Price Changed | $3,950,000 | -5.8% | $495 / Sq Ft |
| 01/12/2012 01/12/12 | For Sale | $4,195,000 | +7.6% | $525 / Sq Ft |
| 01/09/2012 01/09/12 | Off Market | $3,900,000 | -- | -- |
| 12/05/2011 12/05/11 | Price Changed | $3,998,000 | -4.8% | $501 / Sq Ft |
| 08/15/2011 08/15/11 | Price Changed | $4,199,000 | -2.3% | $526 / Sq Ft |
| 08/13/2011 08/13/11 | For Sale | $4,299,000 | -- | $538 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $53,097 | $4,802,560 | $3,447,995 | $1,354,565 |
| 2024 | $53,097 | $4,708,393 | $3,380,388 | $1,328,005 |
| 2023 | $52,271 | $4,616,072 | $3,314,106 | $1,301,966 |
| 2022 | $49,597 | $4,525,562 | $3,249,124 | $1,276,438 |
| 2021 | $49,460 | $4,436,826 | $3,185,416 | $1,251,410 |
| 2019 | $47,278 | $4,305,230 | $3,090,936 | $1,214,294 |
| 2018 | $46,912 | $4,220,815 | $3,030,330 | $1,190,485 |
| 2016 | $44,219 | $4,056,917 | $2,912,659 | $1,144,258 |
| 2015 | $43,943 | $3,995,980 | $2,868,909 | $1,127,071 |
| 2014 | $43,297 | $3,917,706 | $2,812,712 | $1,104,994 |
Source: Public Records
Agents Affiliated with this Home
-
Lily Liang
-
NoEmail NoEmail
N
Buyer's Agent in 2013
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
5,883 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: V11106486
APN: 7582-022-063
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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