NOT LISTED FOR SALE

7010 Lofty Grove Dr Rancho Palos Verdes, CA 90275

Estimated Value: $1,565,000 - $1,778,000

3 Beds
2 Baths
1,684 Sq Ft
$976/Sq Ft Est. Value

About This Home

Beautiful one-story bright and airy home with 3 bedrooms and 2 bathrooms in peaceful and quiet residential neighborhood. Open floor plan and hardwood flooring throughout. Tastefully remodeled kitchen with new cooktop, granite countertops, cabinets, top quality materials and stainless steel appliances. Freshly painted both inside and outside. Spacious living room with fireplace. Formal dining area opens to a roomy bonus room near the backyard. Convenient location to excellent Palos Verdes Elementary, Middle and High Schools (Walking distance to Vista Grande Elementary). Large flat backyard great for entertaining and relaxing, with mature fruit trees (persimmons, oranges, lemons, figs, apples etc.). Home is lovingly cared for by owner and has never been leased before. 2-car garage with direct access into the house. Washer and dryer hookups. Tenant pays all utilities. No smoking. First showing Sunday June 18th. Property could be made available before August 1st. Please contact listing agent to discuss.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Ma Jin Hong
Bought by
Ma Jin Hong and Zhang Family Trust
Current Estimated Value
$1,644,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$299,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,336,957

Purchase Details

Closed on
Sep 30, 2017
Sold by
Ma Jin Hong
Bought by
Ma Jim Hong and Zhang Family Trust

Purchase Details

Closed on
Mar 24, 2011
Sold by
Zhang Wenlian
Bought by
Zhang Wenlian and Ma Jin Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Zhang Wenlian
Bought by
Zhang Wenlian and Ma Jin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1998
Sold by
Calof Lempi
Bought by
Zhang Wenlian and Ma Jin Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ma Jin Hong -- Progressive Title
Ma Jin Hong -- Progressive Title
Ma Jim Hong -- None Available
Zhang Wenlian -- Ticor Title Company Of Ca
Zhang Wenlian -- Lsi Local Solutions
Zhang Wenlian $415,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Jin Hong $324,000
Closed Zhang Wenlian $225,000
Closed Zhang Wenlian $417,000
Closed Zhang Wenlian $371,000
Closed Zhang Wenlian $370,000
Closed Zhang Wenlian $100,000
Closed Zhang Wenlian $341,500
Closed Zhang Wenlian $343,000
Closed Zhang Wenlian $100,000
Closed Zhang Wenlian $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Rented $4,000 +2.6% --
06/18/2017 06/18/17 Under Contract -- -- --
06/16/2017 06/16/17 For Rent $3,900 -- --

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
2024 $8,054 $649,635 $500,933 $148,702
2023 $7,843 $636,898 $491,111 $145,787
2022 $7,459 $624,411 $481,482 $142,929
2021 $7,478 $612,169 $472,042 $140,127
2020 $7,372 $605,893 $467,202 $138,691
2019 $7,159 $594,014 $458,042 $135,972
2018 $7,032 $582,367 $449,061 $133,306
2016 $6,679 $559,755 $431,624 $128,131
2015 $6,692 $551,348 $425,141 $126,207
2014 $6,608 $540,549 $416,814 $123,735
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Swan Wedekind

    The Realestate Group

    (310) 896-6200

    Section Image
  • Junko Fujiwara

    Buyer's Agent in 2017

    Junko Fujiwara

    Cal Pro Realty, Inc.

    (310) 292-8182

    1 in this area

    6 Total Sales

    Junko Fujiwara
    Section Image
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Map

California Los Angeles County Rancho Palos Verdes 90275

7010 Lofty Grove Dr, Rancho Palos Verdes, CA

This home is located at 7010 Lofty Grove Dr, Rancho Palos Verdes, CA 90275 and is currently estimated at $1,644,344, approximately $976 per square foot. 7010 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.

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