NOT LISTED FOR SALE

Rancho Palos Verdes, CA 90275

Estimated Value: $1,993,746 - $2,229,000

5 Beds
2.5 Baths
2,482 Sq Ft
$858/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $1,379,000 $556 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,594/month

2 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Family Room
  • Vista Grande Elementary Rated A+
  • Forced Air Heating System
  • Back Yard

About This Home

As of June 2017

Picturesque Southern California home on hillside street overlooking the ocean! Effortless, light-filled home creates the most peaceful setting for family and friends. Freshly painted in and out .Smooth ceiling, new recessed lights, new double pane windows and sliding doors. Enter the bright, spacious living room with cozy fireplace where you can relax or entertain year round. Walk out from there through large glass doors to the patio. Enjoy a meal and PV days and nights there or take it back inside to formal dining room. Kitchen and breakfast nook feature generous windows bringing the inside in and doors flowing out to patio. From the master suite, admire the ocean and Catalina .Bedrooms are bright and some ocean view. Unbeatable location, near the Hesse Park! A must see home for family and friends gatherings or relaxing at home.

Last Agent to Sell the Property

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 05/04/2017

Keller Williams Palos Verdes

Last Buyer's Agent

Muhammad Chaudhri

Home Team Realty License #01038213

Home Team Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,108

Year Built

  • Built in 1970

Lot Details

  • 6,783 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 2,482 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 28053
  • Assessor Parcel Number 7583030011

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,108

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7583030011
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2482.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 555.60
  • Room Type: Entry, Family Room, Living Room, Master Bathroom

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6783.00
  • Lot Size Acres: 0.1557

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6783.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 156
  • Tax Tract Number: 28053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Chaudhri Tariq and Chaudhri Nicole
Bought by
Chaudhri Muhammad Zafar and Chaudhri Shamila
Current Estimated Value
$2,129,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Outstanding Balance
$556,143
Interest Rate
3.7%
Mortgage Type
Seller Take Back
Estimated Equity
$1,573,294

Purchase Details

Listed on
May 4, 2017
Closed on
May 10, 2017
Sold by
Lee Jason and Lee Chongmi
Bought by
Chaudhri Tariq and Chaudhri Nicole
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Muhammad Chaudhri
Home Team Realty
List Price
$1,349,000
Sold Price
$1,379,000
Premium/Discount to List
$30,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$850,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2002
Sold by
Lee Jason
Bought by
Lee Jason and Lee Chongmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.03%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Lee Chongmi Christine
Bought by
Lee Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.65%

Purchase Details

Closed on
Nov 29, 2000
Sold by
George Saad A and George Mary T
Bought by
Lee Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.65%
Source: Public Records

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
Chaudhri Muhammad Zafar $1,100,000 Ticor Title Company Of Ca
Chaudhri Tariq $1,379,000 Title 365
Lee Jason -- Fidelity
Lee Jason -- Orange Coast Title
Lee Jason $655,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhri Muhammad Zafar $635,000
Previous Owner Chaudhri Tariq $850,000
Previous Owner Lee Jason $300,700
Previous Owner Lee Jason $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $1,379,000 +2.2% $556 / Sq Ft
05/04/2017 05/04/17 For Sale $1,349,000 -- $544 / 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 $17,108 $1,503,759 $1,011,620 $492,139
2024 $17,108 $1,474,275 $991,785 $482,490
2023 $16,770 $1,445,369 $972,339 $473,030
2022 $15,920 $1,417,029 $953,274 $463,755
2021 $15,861 $1,389,245 $934,583 $454,662
2019 $16,151 $1,434,710 $1,003,569 $431,141
2018 $16,025 $1,406,580 $983,892 $422,688
2016 $9,645 $833,734 $576,999 $256,735
2015 $9,642 $821,211 $568,332 $252,879
2014 $9,511 $805,126 $557,200 $247,926
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2017

    Young Lee

    Keller Williams Palos Verdes

    (310) 698-7812

    18 in this area

    66 Total Sales

    Young Lee
    Section Image

  • M

    Buyer's Agent in 2017

    Muhammad Chaudhri

    Home Team Realty

    (562) 217-5109

    2 in this area

    7 Total Sales

    Muhammad Chaudhri
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17097667

California Regional Multiple Listing Service (CRMLS)

APN: 7583-030-011

California Los Angeles County Rancho Palos Verdes

90275

This home since 04 May 2017 and is currently estimated at $2,129,437, approximately $857 per square foot. This property was built in 1970. This home is a home located in Los Angeles County with nearby schools including Vista Grande Elementary, Ridgecrest Intermediate, 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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