NOT LISTED FOR SALE

7 Ginger Root Ln Rancho Palos Verdes, CA 90275

Estimated Value: $1,468,000 - $2,166,000

3 Beds
2 Baths
2,172 Sq Ft
$881/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $1,150,000 $529 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $11,590/month

64 Days on Market

Highlights

  • Community Stables
  • Horse Property Unimproved
  • Solar Power System
  • Point Vicente Elementary School Rated A+
  • Heated Spa
  • Custom Home

About This Home

As of December 2014

So you have always wanted to live behind the gates, now that dream is your option! Unique ranch style home with pastoral views and a very open floorplan. This beautiful home is close to hiking trails and the beach is walking distance. A private community where you feel safe and like
you are in the country! This charmingly updated home has hardwood floors a remodeled gourmet kitchen, remodeled baths and designed for resort style living, nearly 3/4 acre includes a private trellis area with spa, sports court and expansive lawn and fenced yard. Energy efficient Recently Installed and permitted leased Solar system. Located in the quiet tranquil Portugese Bend community right across from the Portugese Bend Riding Club area, yet very accessible through the private Narcissa gates at Portugese Bend. This opportunity won't last!

Last Agent to Sell the Property

Steven Simonetti

Simonetti & Associates Brokerage Phone: 310-621-5155 License #00368946 Listed on: 09/15/2014

Last Buyer's Agent

Chris Adlam

Vista Sotheby's International Realty License #00967574

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,188

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 0.74 Acre Lot
  • Rural Setting
  • Wood Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned R-2

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • Woods
  • Hills
  • Park or Greenbelt

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,172 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more
  • No Interior Steps

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Patio
  • Front Porch

Additional Features

  • Solar Power System
  • Horse Property Unimproved
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 9 / 2338
  • Tax Tract Number 7144
  • Assessor Parcel Number 7572014013

Community Details

Recreation

  • Community Stables
  • Horse Trails

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,188

Year Built

Built in 1951 | Remodeled

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Custom Built, Contemporary, Ranch
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7572014013
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2172.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Copper Plumbing Partial, Recessed Lighting
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 529.47
  • Room Type: Family Room, Living Room, Separate Family Room
  • Spa Features: Above Ground, Heated
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Front Porch, Patio, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1150.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Horse Trails, Stable(s), Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Horse Property Unimproved, Lawn, Landscaped, Lot 20000-39999 Sqft, Paved, Sprinkler System
  • Lot Size Sq Ft: 32020.00
  • Lot Size Acres: 0.7350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 32020.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Block: 2338
  • Tax Lot: 9
  • Tax Tract Number: 7144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2019
Sold by
Denver James M and Rendal Marisa F
Bought by
Denver James M and Denver Marisa F
Current Estimated Value
$1,913,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,971
Interest Rate
3.5%

Purchase Details

Closed on
Jun 19, 2015
Sold by
Denver James M and Rendall Marisa F
Bought by
Denver James M and Rendall Marisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,971
Interest Rate
1.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 15, 2014
Closed on
Dec 23, 2014
Sold by
Denver Lisa Reene
Bought by
Denver James M
Seller's Agent
Steven Simonetti
Simonetti & Associates
Buyer's Agent
Chris Adlam
Vista Sotheby's International Realty
List Price
$1,449,000
Sold Price
$1,150,000
Premium/Discount to List
-$299,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$920,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 21, 2014
Sold by
Macconnell Amy F and The Amy F Macconnell Trust
Bought by
Denver James M and Rendall Marisa F
Seller's Agent
Steven Simonetti
Simonetti & Associates
Buyer's Agent
Chris Adlam
Vista Sotheby's International Realty
List Price
$1,449,000
Sold Price
$1,150,000
Premium/Discount to List
-$299,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2014
Sold by
Macconnell Amy Forester
Bought by
Macconnell Amy F and Amy F Mac Connell Trust

Purchase Details

Closed on
Aug 29, 2008
Sold by
Macconnell Kevin
Bought by
Macconnell Amy Forester

Purchase Details

Closed on
May 23, 2006
Sold by
Macconnell Kevin William and Macconnell Amy Foerster
Bought by
Macconnell Kevin William and Macconnell Amy Foerster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Macconnell Kevin W and Macconnell Amy Foerster
Bought by
Macconnell Kevin William and Macconnell Amy Foerster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
7.14%

Purchase Details

Closed on
Mar 22, 2000
Sold by
Macconnell Kevin W and Macconnell Amy F
Bought by
Macconnell Kevin William and Macconnell Amy Foerster

Purchase Details

Closed on
Apr 18, 1997
Sold by
Smith Priscilla and Priscilla Smith Trust
Bought by
Macconnell Kevin W and Macconnell Amy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,400
Interest Rate
5.75%

Purchase Details

Closed on
Jan 29, 1997
Sold by
Smith Priscilla
Bought by
Smith Priscilla
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
Denver James M -- Stewart Title Of Ca Inc
Denver James M -- Ticor Title Company Of Ca
Denver James M -- Lawyers Title Company
Denver James M $1,150,000 Lawyers Title Company
Macconnell Amy F -- None Available
Macconnell Amy Forester -- None Available
Macconnell Kevin William -- Accommodation
Macconnell Kevin William -- United Title Company Westlak
Macconnell Kevin William -- American Coast
Macconnell Kevin W -- American Coast Title
Macconnell Kevin William -- --
Macconnell Kevin W $482,000 --
Smith Priscilla -- --
Smith Priscilla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denver James M $916,971
Previous Owner Denver James M $916,971
Previous Owner Denver James M $920,000
Previous Owner Macconnell Kevin William $725,000
Previous Owner Macconnell Kevin W $365,000
Previous Owner Macconnell Kevin W $337,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $1,150,000 -4.1% $529 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
11/02/2014 11/02/14 Price Changed $1,199,000 -17.3% $552 / Sq Ft
09/15/2014 09/15/14 For Sale $1,449,000 -- $667 / 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 $16,188 -- -- --
2024 $16,188 $1,355,018 $1,084,018 $271,000
2023 $15,859 $1,328,450 $1,062,763 $265,687
2022 $15,067 $1,302,403 $1,041,925 $260,478
2021 $15,000 $1,276,867 $1,021,496 $255,371
2019 $14,353 $1,238,997 $991,199 $247,798
2018 $14,116 $1,214,704 $971,764 $242,940
2016 $13,411 $1,167,537 $934,030 $233,507
2015 $13,486 $1,150,000 $920,000 $230,000
2014 $8,296 $640,383 $512,313 $128,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14199186

California Regional Multiple Listing Service (CRMLS)

APN: 7572-014-013