NOT LISTED FOR SALE

Estimated Value: $1,781,000 - $2,108,791

5 Beds
5 Baths
2,487 Sq Ft
$778/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $1,710,000 $688 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,505/month

105 Days on Market

Highlights

  • In Ground Pool
  • Multi-Level Bedroom
  • 4 Car Attached Garage
  • Rudecinda Sepulveda Dodson Middle Rated A-
  • No HOA
  • Laundry Room

About This Home

As of May 2024

**PRICE IMPROVEMENT**As you step inside the front door, you'll be greeted by an inviting living space that seamlessly combines comfort and functionality. This floor plan of the living and dining area provides for an entertaining guests or enjoying quality time with loved ones. Open concept living room with family and kitchen in the middle on ground level with a downstairs bedroom and full bathroom. Second floor features a two bedrooms with en suite baths and a master bedroom with en suite and outdoor patio. Beautiful tranquil lush green back yard with sparkling swimming pool. Two car attached garage. There's also a guest house with a living room, bedroom, bathroom and kitchen self contained. There's also a second detached two car garage with a flat roof. Front driveway easily parks over twenty vehicles. Very large lot of over 20,000 square feet.

Last Agent to Sell the Property

Isaac Ezeanioma

Amberwood Real Estate Brokerage Phone: 323-944-8254 License #01763033 Listed on: 12/05/2023

Last Buyer's Agent

James Fletcher

Prophet 5 Inc License #02152639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,794

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • Property is zoned RERA20000*

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 2,487 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • 5 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 25492
  • Assessor Parcel Number 7551034072
  • $1,209 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,794

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: RERA20000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7551034072
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2487.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 687.58
  • Room Type: Multi-Level Bedroom

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Horse Trails

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21562.00
  • Lot Size Acres: 0.4950

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21562.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6702.01
  • Tax Lot: 50
  • Tax Tract Number: 25492
  • TaxOtherAnnualAssessmentAmount: 1209.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
May 16, 2024
Sold by
Bear Flag Homes Llc
Bought by
8 Cerrito Place Llc
Seller's Agent
Isaac Ezeanioma
Amberwood Real Estate
Buyer's Agent
James Fletcher
Prophet 5 Inc
List Price
$2,500,000
Sold Price
$1,710,000
Premium/Discount to List
-$790,000
-31.6%
Views
164
Current Estimated Value
$1,934,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,948
Avg. Annual Appreciation
10.14%
Original Mortgage
$1,966,250
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 5, 2023
Closed on
May 15, 2024
Sold by
Nnaji Okonkwo Emmanuel
Bought by
Bear Flag Homes Llc
Seller's Agent
Isaac Ezeanioma
Amberwood Real Estate
Buyer's Agent
James Fletcher
Prophet 5 Inc
List Price
$2,500,000
Sold Price
$1,710,000
Premium/Discount to List
-$790,000
-31.6%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,966,250
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 5, 2023
Closed on
Mar 29, 2024
Sold by
Bear Flag Homes Llc
Bought by
8 Cerrito Place Llc
Seller's Agent
Isaac Ezeanioma
Amberwood Real Estate
Buyer's Agent
James Fletcher
Prophet 5 Inc
List Price
$2,500,000
Sold Price
$1,710,000
Premium/Discount to List
-$790,000
-31.6%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,966,250
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
May 19, 2001
Sold by
Okonkwo Emmanuel Nnaji
Bought by
Okonkwo Emmanuel Nnaji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
8 Cerrito Place Llc $1,725,000 Lawyers Title Company
Bear Flag Homes Llc $1,710,000 None Listed On Document
8 Cerrito Place Llc $1,725,000 Lawyers Title Company
Okonkwo Emmanuel Nnaji -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8 Cerrito Place Llc $2,212,500
Closed 8 Cerrito Place Llc $1,966,250
Previous Owner 8 Cerrito Place Llc $1,966,250
Previous Owner Nnaji Okonkwo Emmanuel $260,000
Previous Owner Okonkwo Emmanuel Nnaji $980,000
Previous Owner Okonkwo Emmanuel Nnaji $96,000
Previous Owner Okonkwo Emmanuel Nnaji $770,000
Previous Owner Okonkwo Emmanuel Nnaji $66,000
Previous Owner Okonkwo Emmanuel Nnaji $656,250
Previous Owner Okonkwo Emmanuel Nnaji $565,000
Previous Owner Okonkwo Emmanuel Nnaji $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $1,710,000 -5.0% $688 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,799,999 -10.0% $724 / Sq Ft
01/11/2024 01/11/24 Price Changed $1,999,999 -9.0% $804 / Sq Ft
01/02/2024 01/02/24 Price Changed $2,199,000 -12.0% $884 / Sq Ft
12/05/2023 12/05/23 For Sale $2,500,000 -- $1,005 / 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 $11,794 $1,759,500 $1,304,886 $454,614
2024 $11,794 $972,572 $714,759 $257,813
2023 $11,531 $953,503 $700,745 $252,758
2022 $10,962 $934,807 $687,005 $247,802
2021 $10,907 $916,479 $673,535 $242,944
2020 $10,755 $907,082 $666,629 $240,453
2019 $10,438 $889,297 $653,558 $235,739
2018 $10,249 $871,861 $640,744 $231,117
2016 $9,712 $838,008 $615,864 $222,144
2015 $9,613 $825,422 $606,614 $218,808
2014 $9,488 $809,254 $594,732 $214,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23221269

California Regional Multiple Listing Service (CRMLS)

APN: 7551-034-072