NOT LISTED FOR SALE

6822 Verde Ridge Rd Rancho Palos Verdes, CA 90275

Estimated Value: $1,986,000 - $2,340,000

4 Beds
2.5 Baths
2,301 Sq Ft
$935/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $1,230,000 $535 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,133/month

45 Days on Market

Highlights

  • Ocean View
  • L-Shaped Dining Room
  • 2 Car Attached Garage
  • Vista Grande Elementary Rated A+
  • No HOA
  • Breakfast Bar

About This Home

As of August 2014

Panoramic ocean views from most rooms! This lovely home is in move-in condition with recently remodeled kitchen, wood floors, french doors and window. Beautifully landscaped backyard with stone patio and grass yard. Two-car garage with storage cabinets and laundry hook-ups. Near parks, golf course, shopping and schools. Quiet retreat with tranquil setting.

Last Agent to Sell the Property

Young Gill

Estate Properties License #01452682 Listed on: 05/05/2014

Estate Properties

Last Buyer's Agent

Tae Sin Chang

Realty Masters & Associates License #01415705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,968

Year Built

  • Built in 1973

Lot Details

  • 7,055

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • Panoramic

Interior Spaces

  • 2,301 Sq Ft Home
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Breakfast Bar
  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 7,055 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 28053
  • Assessor Parcel Number 7583027017

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,968

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7583027017
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2301.00
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 534.55
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Catalina, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Size Sq Ft: 7055.00
  • Lot Size Acres: 0.1620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7055.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 28053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 18, 2014
Sold by
Kang Hee Duk
Bought by
Sun Sung Ho and Yang Hyo Shim
Seller's Agent
Young Gill
Estate Properties
Buyer's Agent
Tae Sin Chang
Realty Masters & Associates
List Price
$1,250,000
Sold Price
$1,230,000
Premium/Discount to List
-$20,000
-1.6%
Current Estimated Value
$2,150,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,827
Avg. Annual Appreciation
5.00%
Original Mortgage
$625,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2002
Sold by
Kang Hee Duk
Bought by
Kang Hee Duk and Kang Inja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.5%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Thomas Geevy S K
Bought by
Kang Hee Duk and Kang Inja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
7.25%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Quezada Hillary G
Bought by
Thomas Geevy S K and Thomas Elizabeth Age

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7%
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
Sun Sung Ho $1,230,000 Chicago Title Company
Kang Hee Duk -- Gateway Title
Kang Hee Duk -- Gateway Title
Kang Hee Duk $650,000 Equity Title
Thomas Geevy S K $520,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Sung Ho $3,000,000
Closed Sun Sung Ho $460,000
Closed Sun Sung Ho $620,000
Closed Sun Sung Ho $625,000
Previous Owner Kang Hee Duk $348,817
Previous Owner Kang Hee Duk $462,000
Previous Owner Kang Hee Duk $475,000
Previous Owner Kang Hee Duk $487,500
Previous Owner Thomas Geevy S K $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $1,230,000 -1.6% $535 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $1,250,000 -- $543 / 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 $16,968 $1,478,266 $1,182,617 $295,649
2024 $16,968 $1,449,281 $1,159,429 $289,852
2023 $16,598 $1,420,865 $1,136,696 $284,169
2022 $15,760 $1,393,006 $1,114,408 $278,598
2021 $15,704 $1,365,693 $1,092,557 $273,136
2019 $15,017 $1,325,188 $1,060,152 $265,036
2018 $14,864 $1,299,205 $1,039,365 $259,840
2016 $14,123 $1,248,757 $999,006 $249,751
2015 $14,078 $1,230,000 $984,000 $246,000
2014 $9,685 $814,959 $577,997 $236,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14092119

California Regional Multiple Listing Service (CRMLS)

APN: 7583-027-017