869 Rincon Ln Palos Verdes Estates, CA 90274
Estimated Value: $3,568,140 - $3,881,000
4
Beds
3.5
Baths
3,542
Sq Ft
$1,060/Sq Ft
Est. Value
Highlights
- Ocean View
- Spa
- Deck
- Montemalaga Elementary School Rated A+
- Primary Bedroom Suite
- Wood Flooring
About This Home
As of August 2014HUGE Price Reduction!!! Located in the heart of Monte Malaga on one of the most desirable and flat cul-de-sac streets, this exquisite home with breathtaking Queen's Necklace views exudes a comfortable elegance perfect for both relaxing and entertaining. Taken to the studs in 2005, no detail was overlooked in creating this beautiful home with a wonderful floor plan. The gourmet kitchen is a chef's dream with a 6 burner range, dual ovens, plus warming drawers, huge center island with prep sink, Sub-Zero fridge/freezer and ample custom cabinetry and large pantry. Relax and enjoy gorgeous sunsets from the master suite's balcony and then pamper yourself in the comfort of your own spa like master bathroom complete with spa tub and oversized shower. The spacious family room features a large fireplace and custom bar for your guests to enjoy while admiring the ocean views through French doors that open up to an inviting stone patio. A fabulous view home, in a picturesque neighborhood, located near an award winning elementary school - what more could you ask for? This is a short sale subject to lender approval.
Last Buyer's Agent
Heather Chamberlain
Estate Properties License #01262497
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,103
Year Built
- Built in 1955
Lot Details
- 0.26 Acre Lot
- Cul-De-Sac
- Northwest Facing Home
- Wood Fence
- Back and Front Yard
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Coastline
- City Lights
- Mountain
Home Design
- Mediterranean Architecture
- Turnkey
- Tile Roof
- Stucco
Interior Spaces
- 3,542 Sq Ft Home
- Bar
- Crown Molding
- Custom Window Coverings
- French Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
- Bonus Room with Fireplace
- Utility Room
- Laundry Room
Kitchen
- Breakfast Bar
- Double Oven
- Six Burner Stove
- Built-In Range
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Spa Bath
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Spa
- Balcony
- Deck
- Patio
Location
- Suburban Location
Utilities
- Central Heating
- Underground Utilities
- Septic Type Unknown
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 10536
- Assessor Parcel Number 7545006002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2022
Sold by
Thomas Gary E
Bought by
Gtsp Trust
Total Days on Market
258
Current Estimated Value
Purchase Details
Listed on
Jan 15, 2014
Closed on
Aug 12, 2014
Sold by
Heitz Karen R
Bought by
Thomas Gary E
Seller's Agent
George Rosenkranz
Compass
Buyer's Agent
Heather Chamberlain
Estate Properties
List Price
$2,199,900
Sold Price
$2,025,000
Premium/Discount to List
-$174,900
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,620,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2012
Sold by
Heitz Daniel R and Heitz Karen R
Bought by
Heitz Karen R
Purchase Details
Closed on
Feb 6, 2007
Sold by
Heitz Daniel R and Heitz Karen R
Bought by
Heitz Daniel R and Heitz Karen R
Purchase Details
Closed on
Oct 16, 2003
Sold by
Heitz Daniel R and Heitz Karen R
Bought by
Heitz Daniel R and Heitz Karen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 1998
Sold by
Heitz Daniel and Heitz Karen
Bought by
Heitz Daniel R and Heitz Karen R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 13, 1995
Sold by
First Interstate Bank Of California
Bought by
Heitz Daniel and Heitz Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palos Verdes Estates, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gtsp Trust | -- | -- | |
| Thomas Gary E | $2,025,000 | Usa National Title Co | |
| Heitz Karen R | -- | None Available | |
| Heitz Daniel R | -- | None Available | |
| Heitz Daniel R | -- | Lawyers Title | |
| Heitz Daniel R | -- | -- | |
| Heitz Daniel | $650,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thomas Gary E | $1,576,000 | |
| Previous Owner | Thomas Gary E | $1,620,000 | |
| Previous Owner | Heitz Daniel R | $215,000 | |
| Previous Owner | Heitz Daniel R | $1,500,000 | |
| Previous Owner | Heitz Daniel R | $1,250,000 | |
| Previous Owner | Heitz Daniel R | $120,000 | |
| Previous Owner | Heitz Daniel R | $1,000,000 | |
| Previous Owner | Heitz Daniel R | $625,000 | |
| Previous Owner | Heitz Daniel R | $180,000 | |
| Previous Owner | Heitz Daniel R | $625,000 | |
| Previous Owner | Heitz Daniel | $100,000 | |
| Previous Owner | Heitz Daniel | $560,000 | |
| Previous Owner | Heitz Daniel | $552,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2014 08/13/14 | Sold | $2,025,000 | -8.0% | $572 / Sq Ft |
| 01/15/2014 01/15/14 | Price Changed | $2,199,900 | 0.0% | $621 / Sq Ft |
| 01/15/2014 01/15/14 | For Sale | $2,199,900 | +8.6% | $621 / Sq Ft |
| 01/14/2014 01/14/14 | Off Market | $2,025,000 | -- | -- |
| 09/17/2013 09/17/13 | For Sale | $2,500,000 | -- | $706 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $28,103 | $2,392,663 | $1,659,728 | $732,935 |
| 2023 | $27,634 | $2,345,749 | $1,627,185 | $718,564 |
| 2022 | $26,273 | $2,299,755 | $1,595,280 | $704,475 |
| 2021 | $26,266 | $2,254,662 | $1,564,000 | $690,662 |
| 2020 | $25,916 | $2,231,545 | $1,547,964 | $683,581 |
| 2019 | $25,153 | $2,187,790 | $1,517,612 | $670,178 |
| 2018 | $24,922 | $2,138,937 | $1,487,855 | $651,082 |
| 2016 | $23,661 | $2,055,881 | $1,430,081 | $625,800 |
| 2015 | $23,416 | $2,025,000 | $1,408,600 | $616,400 |
| 2014 | $12,459 | $1,003,722 | $587,064 | $416,658 |
Source: Public Records
Agents Affiliated with this Home
-
George Rosenkranz
Seller's Agent in 2014
George Rosenkranz
Compass
(310) 717-8767
5 in this area
16 Total Sales
-
Buyer's Agent in 2014
Heather Chamberlain
RE/MAX
(310) 283-9614
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB13189858
APN: 7545-006-002
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