NOT LISTED FOR SALE

7002 Lofty Grove Dr Rancho Palos Verdes, CA 90275

Estimated Value: $1,470,000 - $1,811,000

3 Beds
2 Baths
1,434 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $825,000 $575 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $9,786/month

7 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Eat-In Kitchen
  • Vista Grande Elementary Rated A+
  • Covered Patio or Porch
  • Ceramic Countertops

About This Home

As of September 2013

BRIGHT AND SPACIOUS 3 BEDROOM, 2 BATH HOME. LARGE LIVING ROOM/DINING ROOM WITH A BRICK FIREPLACE. KITCHEN WITH A BREAKFAST AREA. NEWER DRIVEWAY AND FURNACE. SEPARATE LAUNDRY ROOM WITH STORAGE. PRIVATE YARD WITH A PATIO AND PEEK-A-BOO OCEAN/MOUNTAIN VIEW. ATTACHED TWO CAR GARAGE. CONVENIENTLY LOCATED NEAR VISTA GRANDE ELEMENTARY SCHOOL, SHOPS, AND PARKS. AN EXCEPTIONAL VALUE.

Last Agent to Sell the Property

Jacqueline Johnson

Berkshire Hathaway HomeService License #00608494 Listed on: 07/22/2013

Berkshire Hathaway HomeService

Co-Listed By

Jane Lau

Berkshire Hathaway HomeService License #01854188

Last Buyer's Agent

Kayoko Inada

Keller Williams South Bay License #01233710

Keller Williams South Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,799

Year Built

  • Built in 1962

Lot Details

  • 7,242 Sq Ft Lot
  • Block Wall Fence
  • Backyard Sprinklers

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Peek-A-Boo
  • Mountain

Home Design

  • Ranch Style House
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,434 Sq Ft Home
  • Fireplace With Gas Starter
  • Entryway
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 036
  • Tax Tract Number 7584
  • Assessor Parcel Number 7584003036

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,799

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7584003036
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1434.00
  • Interior Amenities: Ceramic Counters, Copper Plumbing Full, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Gas Starter, Living Room
  • Levels: One
  • Price Per Square Foot: 575.31
  • Room Type: Entry, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Sprinklers In Rear
  • Lot Size Sq Ft: 7242.00
  • Lot Size Acres: 0.1660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7242.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 036
  • Tax Tract Number: 7584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2021
Sold by
Huang Jason Chen-Chun and Huang Theresa Gen
Bought by
Huang Lu Trust and Huang
Current Estimated Value
$1,660,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2020
Sold by
Huang Jason Chen Chun and Lu Theresa Gen
Bought by
Huang Jason Chen Chun and Lu Theresa Gen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2019
Sold by
Huang Jason and Lu Tehresa G
Bought by
Huang Jason Chen Chun and Lu Theresa Gen Chih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.6%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Huang Jason
Bought by
Huang Lu Trust

Purchase Details

Closed on
Sep 17, 2014
Sold by
Huang Jason
Bought by
Huang Jason and Lu Theresa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 2, 2013
Sold by
Steinwasser Edith
Bought by
Huang Jason and Lu Theresa
Seller's Agent
Jacqueline Johnson
Berkshire Hathaway HomeService
Buyer's Agent
Kayoko Inada
Keller Williams South Bay
List Price
$797,000
Sold Price
$825,000
Premium/Discount to List
$28,000
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$618,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Weissmuller Ingrid
Bought by
Weissmuller Roland K and Weissmuller Ingrid

Purchase Details

Closed on
Oct 14, 2009
Sold by
Steinwasser Edith
Bought by
Steinwasser Edith and Edith Steinwasser Revocable Trust

Purchase Details

Closed on
Jan 28, 1994
Sold by
Steinwasser John and Steinwasser Theresia
Bought by
Steinwasser John
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huang Lu Trust -- Accommodation/Courtesy Recordi
Huang Jason Chen-Chun -- Pacific Coast Title
Huang Jason Chen Chun -- Pacific Coast Title Company
Huang Jason Chen Chun -- Pacific Coast Title Company
Huang Jason Chen Chun -- Pacific Coast Title Company
Huang Jason -- Pacific Coast Title Company
Huang Lu Trust -- None Available
Huang Jason -- Lawyers Title
Huang Jason $825,000 Ticor Title Co
Weissmuller Roland K -- None Available
Weissmuller Ingrid -- None Available
Steinwasser Edith -- None Available
Steinwasser Edith -- None Available
Steinwasser John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Jason Chen-Chun $544,000
Previous Owner Huang Jason Chen Chun $550,000
Previous Owner Huang Jason $555,000
Previous Owner Huang Jason $611,000
Previous Owner Huang Jason $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $825,000 +3.5% $575 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $797,000 -- $556 / 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 $11,799 $1,011,329 $809,067 $202,262
2024 $11,799 $991,500 $793,203 $198,297
2023 $11,537 $972,059 $777,650 $194,409
2022 $10,960 $953,000 $762,402 $190,598
2021 $10,979 $934,314 $747,453 $186,861
2020 $10,826 $924,734 $739,789 $184,945
2019 $10,504 $906,603 $725,284 $181,319
2018 $10,381 $888,827 $711,063 $177,764
2016 $9,871 $854,314 $683,452 $170,862
2015 $9,854 $841,482 $673,186 $168,296
2014 $9,723 $825,000 $660,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Johnson

    Seller's Agent in 2013

    Jacqueline Johnson

    Berkshire Hathaway HomeService

    (310) 544-5091

    13 in this area

    15 Total Sales

    Jacqueline Johnson
    Section Image
  • Jane Lau

    Seller Co-Listing Agent in 2013

    Jane Lau

    Berkshire Hathaway HomeService

    (310) 544-5091

    20 in this area

    72 Total Sales

    Jane Lau
    Section Image
  • Kayoko Inada

    Buyer's Agent in 2013

    Kayoko Inada

    Keller Williams South Bay

    (310) 293-3997

    1 in this area

    30 Total Sales

    Kayoko Inada
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13144394

California Regional Multiple Listing Service (CRMLS)

APN: 7584-003-036

California Los Angeles County Rancho Palos Verdes 90275

7002 Lofty Grove Dr, Rancho Palos Verdes, CA

This home is located at 7002 Lofty Grove Dr, Rancho Palos Verdes, CA 90275 since 22 July 2013 and is currently estimated at $1,660,471, approximately $1,157 per square foot. This property was built in 1962. 7002 Lofty Grove Dr is a home located in Los Angeles County with nearby schools including Vista Grande Elementary, Ridgecrest Intermediate, and Palos Verdes Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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