NOT LISTED FOR SALE

8 Ringbit Rd E Rolling Hills, CA 90274

Estimated Value: $4,498,300 - $5,138,000

5 Beds
5.5 Baths
4,633 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $2,750,000 $594 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $28,481/month

143 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Custom Home
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of April 2016

Perched high on the hill in the prestigious Rolling Hills gated community. Complete privacy with a long driveway leading to the entrance. Greeted by the beautiful marble foyer, this 5 bedroom + office and 6 bath home boasts an expansive master suite with wonderful views, a very spacious walk-in closet, large shower/jacuzzi tub and fireplace! Bright and sunny with 4,633 sq ft of living space plus barn being used as a workshop/hobby room. Single level with great open floor plan, fantastic gourmet kitchen with center island, high ceilings, multiple skylights, 4 fireplaces and beautiful custom cabinetry and built-ins throughout, also with two-zone central air. Enjoy miles of private horse trails with the security of a 24-hr guard-gated entry. You will love the panoramic ocean/Catalina/coastline/sunset views from all major rooms. Great opportunity to find such a great ocean view home in Rolling Hills as most of them offer city views or very limited ocean views. Redesigned and renovated in 1993, great opportunity to make it your dream home!

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 04/04/2016

Last Buyer's Agent

Lily Liang

Strand Hill Properties License #00837794 Listed on: 04/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,752

Year Built

  • Built in 1956

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Paved or Partially Paved Lot
  • Lawn
  • Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Custom Home

Interior Spaces

  • 4,633 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Fireplace in Bathroom

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 23943
  • Assessor Parcel Number 7567009013

Community Details

Overview

  • Property has a Home Owners Association
  • Mountainous Community

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,752

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310-373-3333
  • Other Phone Number: 310-373-3333
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Guard
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7567009013
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4633.00
  • Interior Amenities: Built-in Features, High Ceilings, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Bath, Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 593.57
  • Room Type: Family Room, Foyer, Living Room, Master Suite, Walk-In Closet, Office
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Mountainous

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Lawn, Lot Over 40000 Sqft, Paved
  • Lot Size Sq Ft: 52272.00
  • Price Per Lot Square Foot: 52.61
  • Lot Size Acres: 1.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 52272.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 23943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Feb 26, 2016
Sold by
Chen Philip L and Philip L & Jenny H Chen Trust
Bought by
Family Trust Of Shiang F Liu & Nai Li H
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Lily Liang
Strand Hill Properties
List Price
$2,999,000
Sold Price
$2,750,000
Premium/Discount to List
-$249,000
-8.3%
Current Estimated Value
$4,813,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,063,075
Avg. Annual Appreciation
6.20%
Original Mortgage
$1,500,000
Outstanding Balance
$1,194,389
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,666,078
Source: Public Records

Range of Values:

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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
Family Trust Of Shiang F Liu & Nai Li H $2,750,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Shiang F $489,281
Closed Liu Shiang F $535,000
Open Family Trust Of Shiang F Liu & Nai Li H $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $2,750,000 -1.8% $594 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/15/2016 02/15/16 Price Changed $2,799,000 -6.7% $604 / Sq Ft
09/28/2015 09/28/15 For Sale $2,999,000 -- $647 / 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 $36,752 $3,255,436 $2,012,452 $1,242,984
2024 $36,752 $3,191,605 $1,972,993 $1,218,612
2023 $36,230 $3,129,025 $1,934,307 $1,194,718
2022 $34,061 $3,067,673 $1,896,380 $1,171,293
2021 $34,003 $3,007,524 $1,859,197 $1,148,327
2019 $32,614 $2,918,321 $1,804,053 $1,114,268
2018 $32,708 $2,861,100 $1,768,680 $1,092,420
2016 $22,350 $1,925,491 $1,837,024 $88,467
2015 $22,143 $1,896,570 $1,809,431 $87,139
2014 $21,785 $1,859,420 $1,773,987 $85,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15213225

California Regional Multiple Listing Service (CRMLS)

APN: 7567-009-013