NOT LISTED FOR SALE

6523 Verde Ridge Rd Rancho Palos Verdes, CA 90275

Estimated Value: $1,526,000 - $1,849,000

4 Beds
2 Baths
1,539 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $860,000 $559 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,933/month

18 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Vista Grande Elementary Rated A+
  • Open Floorplan
  • 4-minute walk to Fred Hesse Jr Community Park

About This Home

As of March 2013

Spacious, light-filled home with an open floor plan accented by high ceilings and many windows. This home is perfect for today's casual living. Sunny kitchen with professional appliances. The master suite offers large closets and enjoys views of rear yard. Sliding glass doors provide easy access to huge, landscaped yard that features a wrap-around patio, grassy play area and ocean peek. New fencing adds privacy. Direct access from the garage provides convenience and security. Enjoy clean air, great schools and a terrific neighborhood. Shopping and restaurants are close by.

Last Agent to Sell the Property

Dennis Hartley

Compass License #00836047 Listed on: 12/26/2012

Compass

Last Buyer's Agent

Wendy Stewart

Beach City Brokers License #01405638

Beach City Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,410

Year Built

  • Built in 1972

Lot Details

  • 6,364 Sq Ft Lot
  • South Facing Home
  • Vinyl Fence
  • Fence is in excellent condition
  • Corner Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,539 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7583029017

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,410

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7583029017
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1539.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 558.80
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Vinyl, Excellent Condition
  • Patio And Porch Features: Concrete, Patio, Wrap Around
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Level with Street, Corner Lot
  • Lot Size Sq Ft: 6364.00
  • Lot Size Acres: 0.1460

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6364.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2010
Sold by
Soutar Michael and Soutar Eva
Bought by
Soutar Michael L and Soutar Eva B
Current Estimated Value
$1,696,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$293,890
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$1,402,872

Purchase Details

Closed on
Jan 29, 2007
Sold by
Soutar Michael and Soutar Eva B
Bought by
Soutar Michael I and Soutar Eva B

Purchase Details

Closed on
Mar 29, 2000
Sold by
Cheng Tzong Chwan and Cheng Yu Mei
Bought by
Soutar Michael and Soutar Eva B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
8.24%
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
Soutar Michael L -- Accommodation
Soutar Michael -- Lsi Title
Soutar Michael I -- None Available
Soutar Michael $520,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soutar Michael $445,000
Closed Soutar Michael $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2013 03/05/13 Sold $860,000 +1.3% $559 / Sq Ft
01/13/2013 01/13/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $849,000 -- $552 / 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 $12,410 $1,059,014 $847,216 $211,798
2024 $12,410 $1,038,250 $830,604 $207,646
2023 $12,137 $1,017,893 $814,318 $203,575
2022 $11,530 $997,935 $798,351 $199,584
2021 $11,483 $978,369 $782,698 $195,671
2019 $10,984 $949,352 $759,484 $189,868
2018 $10,862 $930,739 $744,593 $186,146
2016 $10,324 $894,600 $715,681 $178,919
2015 $10,310 $881,163 $704,931 $176,232
2014 $10,169 $863,903 $691,123 $172,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12154076

California Regional Multiple Listing Service (CRMLS)

APN: 7583-029-017