NOT LISTED FOR SALE

7010 Lofty Grove Dr Rancho Palos Verdes, CA 90275

Estimated Value: $1,646,000 - $1,884,000

3 Beds
2 Baths
1,684 Sq Ft
$1,025/Sq Ft Est. Value

About This Home

As of June 2017

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.

Last Agent to Rent the Property

Swan Wedekind

The Realestate Group License #01827009 Listed on: 06/16/2017

The Realestate Group

Last Renter's Agent

Junko Fujiwara

Cal Pro Realty, Inc. License #01227973

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,054

Year Built

1962

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2017-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: RPRS10000*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7584003035
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1684.00 Square Feet
  • Interior Amenities: Bar, Copper Plumbing Full, Crown Molding, Granite Counters, Open Floorplan, Stone Counters
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Bath, Bonus Room, Dining Room, Kitchen, Living Room, Master Bedroom, Outside, Patio, Electric, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.38
  • Room Type: Sun, Wine Cellar
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Remodeled, Upgraded, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Covered, Enclosed
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Refrigerator, Self Cleaning Oven, Water Heater Central, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified
  • High School: Palos Verdes Peninsula
  • High School: Palos Verdes Peninsula
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Garden, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 7242.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.13
  • Tax Lot: 46
  • Tax Tract Number: 7099

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
$1,726,722

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
$295,885
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,430,837

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:

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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
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 -- --
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 $8,054 $662,627 $510,951 $151,676
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

    Landlord's Agent in 2017

    Swan Wedekind

    The Realestate Group

    Section Image
  • Junko Fujiwara

    Tenant's Agent in 2017

    Junko Fujiwara

    Cal Pro Realty, Inc.

    (310) 292-8182

    1 in this area

    6 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17136425

California Regional Multiple Listing Service (CRMLS)

APN: 7584-003-035

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 since 16 June 2017 and is currently priced at $1,726,722. This property was built in 1962. 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.

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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