NOT LISTED FOR SALE

8 Fruit Tree Rd Rancho Palos Verdes, CA 90275

Estimated Value: $712,000 - $922,000

0.59 Acre
$1,370,198 Price per Acre
25,496 Sq Ft Lot

Last Sold November 30, 2023

Last sale price $800,000

Current estimated payment $5,025/month

242 Days on Market

Highlights

  • Community Stables
  • Horse Property
  • 0.59 Acre Lot
  • Point Vicente Elementary School Rated A+
  • View of Trees or Woods
  • Hiking Trails

About This Lot

As of November 2023

Beautiful lot located in the gated community of Upper Portuguese Bend. Includes site plans and is currently entitled for a 4 bed 3.5 bath 2,750 sqft main house. Soils report and LME approved, Planning Dept approved. House can also be made larger in square footage. This is a great opportunity to build your dream home in one of the most unique neighborhoods in all of Los Angeles County. Save a lot of time and money with much of the plan approval process completed. Portuguese Bend is a serene Equestrian Community with winding tree lined roads with stunning views and ocean breezes. Enjoy a vacation lifestyle with close proximity to the Terranea resort, Portuguese Bend Riding Club, two stunning golf courses with ocean views and miles of hiking, biking or horseback riding!

Last Agent to Sell the Property

Gregory Roberts

Coldwell Banker Realty License #01376549 Listed on: 03/03/2023

Coldwell Banker Realty

Last Buyer's Agent

Gregory Roberts

Coldwell Banker Realty License #01376549 Listed on: 03/03/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,281

Lot Details

  • 0.59 Acre Lot
  • Rural Setting
  • Gentle Sloping Lot
  • Property is zoned RPRS20000&E*

Property Views

  • Views of Woods

Listing and Financial Details

  • Legal Lot and Block 7 / 4
  • Tax Tract Number 14195
  • Assessor Parcel Number 7572009014
  • $592 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Foothills

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$9,281

Lot Details

0

Listing Details

  • Inclusions: Plans which are Planning Dept approved, Soils report and LME approval. See Supplements
  • View: Yes
  • Zoning: RPRS20000&E*
  • Property Type: Land
  • Parcel Number: 7572009014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 31.38

Exterior Features

  • View: Trees/Woods

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Stable(s), Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 25494.00
  • Lot Size Acres: 0.5853

Multi Family

  • Lot Size Area: 25494.0000 Square Feet

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 6706.03
  • Tax Lot: 7
  • Tax Tract Number: 14195
  • TaxOtherAnnualAssessmentAmount: 592.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Pagni Robert J and Kim Jane H
Bought by
Pagni-Kim Family Revocable Trust and Pagni
Current Estimated Value
$801,977

Purchase Details

Listed on
Mar 3, 2023
Closed on
Nov 8, 2023
Sold by
Verne Blanchard Erik and Fuentes Deborah
Bought by
Kim Jane and Pagni Robert
Seller's Agent
Gregory Roberts
Coldwell Banker Realty
Buyer's Agent
Gregory Roberts
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$800,000
Premium/Discount to List
-$300,000
-27.27%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$500,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2020
Sold by
Cinque Allen Allen
Bought by
Blanchard Erik Verne and Gamo Deborah Fuentes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jan 25, 2013
Sold by
Stewart Orma Claire and Stewart Catherine E
Bought by
Alen Allen Cinque
Seller's Agent
Alex Abad
Tower-60
Buyer's Agent
Graciela Jacques
Keller Williams Realty Riv
List Price
$925,000
Sold Price
$725,000
Premium/Discount to List
-$200,000
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pagni-Kim Family Revocable Trust -- None Listed On Document
Pagni Robert J -- None Listed On Document
Kim Jane $800,000 First American Title
Blanchard Erik Verne $750,000 Old Republic Title Company
Alen Allen Cinque $725,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jane $500,000
Previous Owner Blanchard Erik Verne $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $800,000 -20.0% --
10/31/2023 10/31/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $1,000,000 -9.1% --
08/04/2023 08/04/23 For Sale $1,100,000 0.0% --
07/16/2023 07/16/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $1,100,000 +51.7% --
02/11/2013 02/11/13 Sold $725,000 -21.6% -- View Prior Sale
01/19/2013 01/19/13 Pending -- -- --
12/06/2011 12/06/11 For Sale $925,000 -- --
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 $9,281 $79,000 $79,000 --
2024 $9,281 $800,000 $800,000 --
2023 $9,101 $780,300 $780,300 $0
2022 $8,633 $765,000 $765,000 $0
2021 $9,921 $750,000 $750,000 $0
2019 $9,202 $800,330 $800,330 $0
2018 $10,865 $784,638 $784,638 $0
2016 $10,066 $754,170 $754,170 $0
2015 $8,629 $742,842 $742,842 $0
2014 $9,132 $728,291 $728,291 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23035605

California Regional Multiple Listing Service (CRMLS)

APN: 7572-009-014