NOT LISTED FOR SALE

860 Rincon Ln Palos Verdes Estates, CA 90274

Estimated Value: $3,650,180 - $4,136,000

0.34 Acre
$11,300,743 Price per Acre
14,954 Sq Ft Lot

Last Sold January 19, 2022

Last sale price $3,400,000

Est. 14% increase in value since last sale

Current estimated payment $24,414/month

28 Days on Market

About This Lot

As of January 2022

Spectacular Queens Necklace View lot! Panoramic views from ocean to the beach, coastline and city lights. One of the Premier, Quiet, Cul-de-sac Streets in Palos Verdes Estates. Excellent opportunity to build your Forever View Home.

Last Agent to Sell the Property

Junru Pan

PD Realty License #01937101 Listed on: 11/29/2021

Last Buyer's Agent

Jenny Tsai

Estate Properties License #00896715

Estate Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,295

Lot Details

  • 0.34 Acre Lot
  • Lot Sloped Down
  • Property is zoned PVR1YY

Property Views

  • Ocean
  • Panoramic
  • City Lights

Location

  • Suburban Location

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / 1
  • Tax Tract Number 10536
  • Assessor Parcel Number 7545006013
  • $1,694 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$39,295

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: PVR1YY
  • Property Type: Land
  • Parcel Number: 7545006013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 227.38

Exterior Features

  • View: City Lights, Ocean, Panoramic

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 14953.00
  • Lot Size Acres: 0.3433

Multi Family

  • Lot Size Area: 14953.0000 Square Feet

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 6703.26
  • Tax Lot: 13
  • Tax Tract Number: 10536
  • TaxOtherAnnualAssessmentAmount: 1694.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Li Jian and Li Lan
Bought by
Li Yang Family Trust
Current Estimated Value
$3,879,545

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 5, 2022
Sold by
Bilrost Development Inc
Bought by
Li Jian and Yang Lan
Seller's Agent
Junru Pan
PD Realty
Buyer's Agent
Jenny Tsai
Estate Properties
List Price
$3,399,900
Sold Price
$3,400,000
Premium/Discount to List
$100
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
May 17, 2018
Sold by
Larson Kirby and Frederiksen Peter M
Bought by
Bilrost Development Inc

Purchase Details

Closed on
Sep 9, 2016
Sold by
Frederiksen Judith S
Bought by
Frederiksen Peter M

Purchase Details

Closed on
Sep 8, 2016
Sold by
Larson Sarah Susan
Bought by
Larson Kirby

Purchase Details

Closed on
Apr 6, 2016
Sold by
Wu Gwo Chen and Wu Christina
Bought by
Larson Kirby and Frederiksen Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2001
Sold by
Wu Gwo Chen and Wu Christina
Bought by
Wu Gwo Chen and Wu Christina

Purchase Details

Closed on
Sep 17, 1996
Sold by
Mercier Roger K
Bought by
Wu Gwo Chen and Wu Christina

Purchase Details

Closed on
May 29, 1996
Sold by
Mercier Roger K and Mercier Linda G
Bought by
Mercier Roger K and Mercier Lind G
Source: Public Records

Range of Values:

Collateral Analytics

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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
Li Yang Family Trust -- --
Li Jian $3,400,000 Progressive Title
Bilrost Development Inc $2,900,000 Progressive Title Company
Frederiksen Peter M -- Progressive Title
Larson Kirby -- Progressive Title
Larson Kirby $2,760,000 Progressive Title
Wu Gwo Chen -- --
Wu Gwo Chen $730,000 Guardian Title
Mercier Roger K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Kirby $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $3,400,000 0.0% --
12/28/2021 12/28/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $3,399,900 -- --
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 $39,295 $3,608,107 $3,608,107 --
2024 $39,295 $3,537,360 $3,537,360 --
2023 $38,753 $3,468,000 $3,468,000 $0
2022 $33,623 $3,109,385 $3,109,385 $0
2021 $34,203 $3,048,417 $3,048,417 $0
2020 $33,900 $3,017,160 $3,017,160 $0
2019 $33,106 $2,958,000 $2,958,000 $0
2018 $31,102 $2,815,200 $2,815,200 $0
2016 $11,469 $1,004,355 $1,004,355 $0
2015 $12,573 $989,269 $989,269 $0
2014 $11,729 $969,891 $969,891 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Junru Pan

    PD Realty

    (310) 808-7712

    4 in this area

    6 Total Sales

    Junru Pan
    Section Image

  • J

    Buyer's Agent in 2022

    Jenny Tsai

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21252905

California Regional Multiple Listing Service (CRMLS)

APN: 7545-006-013

California Los Angeles County Palos Verdes Estates 90274

860 Rincon Ln, Palos Verdes Estates, CA

This home is located at 860 Rincon Ln, Palos Verdes Estates, CA 90274 since 29 November 2021 and is currently estimated at $3,879,545. 860 Rincon Ln is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

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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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