NOT LISTED FOR SALE

Estimated Value: $4,506,000 - $9,510,599

3 Beds
3 Baths
3,037 Sq Ft
$2,168/Sq Ft Est. Value

Last Sold October 25, 2012

Last sale price $3,500,000 $1,152 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $40,386/month

36 Days on Market

Highlights

  • Ocean View
  • Horse Property Unimproved
  • 7.06 Acre Lot
  • Dapplegray Elementary School Rated A+
  • Private Pool
  • 2-minute walk to Martingale Trailhead Park

About This Home

As of October 2012

One of the last large parcels available in Rolling Hills. Build your dream home on this incredible 6 1/2 acre lot featuring 2 pads with amazing
180 degree queens necklace, ocean, city and harbor views! The existing home is a tear-down. All new projects need Geological Engineer, Soil Inspection, City of Rolling Hills and City of Los Angeles Building and Safety Departmaent approvals.

Last Listed By

Heidi Mackenbach

Vista Sotheby's International Realty License #01071319 Listed on: 08/26/2012

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,628

Year Built

  • Built in 1954

Lot Details

  • 7.06 Acre Lot
  • Secluded Lot
  • Value in Land
  • Tear Down

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Woods

Home Design

  • Fixer Upper

Interior Spaces

  • 3,037 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Private Pool
  • Horse Property Unimproved

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7569005008

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,628

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7569005008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3037.00
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 1152.45

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Trees/Woods
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Annually
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Horse Property Unimproved, Value In Land, Lot Over 40000 Sqft, Secluded, Tear Down
  • Lot Size Sq Ft: 307573.00
  • Lot Size Acres: 7.0610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 307573.0000 Square Feet

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2012
Closed on
Oct 10, 2012
Sold by
Heindl Erwin and Heindl Renata M
Bought by
Ght Llc
Seller's Agent
Heidi Mackenbach
Vista Sotheby's International Realty
Buyer's Agent
Paul Turpanjian
Palladian Properties Inc.
List Price
$4,299,000
Sold Price
$3,500,000
Premium/Discount to List
-$799,000
-18.59%
Total Days on Market
36
Current Estimated Value
$6,583,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,083,533
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Mar 28, 1994
Sold by
List John J and List Janet M
Bought by
Heindl Erwin and Heindl Renata M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
8.52%

Range of Values:

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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
Ght Llc $3,500,000 Progressive Title Company
Heindl Erwin $2,100,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heindl Erwin $750,000
Previous Owner Heindl Erwin $500,000
Previous Owner Heindl Erwin $1,184,000
Previous Owner Heindl Erwin $85,000
Previous Owner Heindl Erwin $1,244,000
Previous Owner Heindl Erwin $1,260,000
Closed Heindl Erwin $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2012 10/25/12 Sold $3,500,000 -18.6% $1,152 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/26/2012 08/26/12 For Sale $4,299,000 -- $1,416 / 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
2024 $46,628 $4,225,487 $4,225,487 --
2023 $45,938 $4,142,635 $4,142,635 $0
2022 $43,510 $4,061,407 $4,061,407 $0
2021 $44,588 $3,981,772 $3,981,772 $0
2019 $41,532 $3,863,671 $3,863,671 $0
2018 $42,516 $3,787,913 $3,787,913 $0
2016 $40,572 $3,640,825 $3,640,825 $0
2015 $40,186 $3,586,137 $3,586,137 $0
2014 $39,606 $3,515,890 $3,515,890 $0
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12107103

California Regional Multiple Listing Service (CRMLS)

APN: 7569-005-008