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27563 Rainbow Ridge Road

27563 Rainbow Ridge Road, Palos Verdes Peninsula, CA 90274
Sold Mar 31, 2020
$1,425,000
$1,132,825 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2051
Sold Feb 07, 2017
$1,240,000
$992,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2047
27563 Rainbow Ridge Road in Palos Verdes Peninsula, CA was first built in 1956 and is 68 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 27563 Rainbow Ridge Road has 2,059 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 840 ft and the linear feet between the front and back of the lot is 2,800. In total, the area measurement of the land is 27,474 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 27563 Rainbow Ridge Road was last sold in Feb 12, 2020 for $1,425,000. According to our calculations, that's $692.08 per sqft. Prior to that sales transaction, the property was sold for $1,240,000 in Jan 3, 2016. Current property owners are expected to pay $16,243 in taxes per year. The property on 27563 Rainbow Ridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,497,927. To break that down further, the land itself was valued at $1,198,342. While improvements to the property were assessed at a total of $299,585. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 27,474
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,059
  • Building Area: 2,059
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,059
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 17208
  • Land Acres: 0.631
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 17208 EX OF ST LOT/SEC 49

Ownership

  • Current Owner : BENTO CRISTIAN M
  • Current Owner 2: BENTO SHARI J
  • Previous Owner : BROWN RYAN
  • Previous Owner 2: BROWN KENDA
  • Owner Before Previous Owner: RIM CHARLES A
  • Owner Before Previous Owner 2: RIM YOON KYEONG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670201

Zoning

  • Zoning: LCRA2L

Geography

  • Assessors Map Reference: 72-F5
  • Subdivision Tract Number: 17208
  • Parcel: 7570-023-006
  • Lot: 49
  • Municipality: SOUTH /ROLL HL EST SFR
  • Latitude: 33.7727
  • Longitude: -118.359

    Address

  • Full Address: 27563 Rainbow Ridge Rd
  • Address - House Number: 27563
  • Address - Street Name: Rainbow Ridge
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palos Verdes Peninsula
  • Carrier Code: C012
  • 4-Digit Zip Code: 4028
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,243
  • Tax Rate Code Area: 07-130

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,873,025
  • High Value: 2,289,883
  • Low Value: 1,456,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,132,825
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $1,132,825
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,497,927
  • Assessed Land Value: $1,198,342
  • Assessed Improvements Value: $299,585

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Mar 31, 2020
  • Current Sale Transaction ID: 11751402319
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0361841
  • Previous Sale Recording Date: Feb 07, 2017
  • Previous Sale Contract Date: Jan 03, 2016
  • Previous Sale Amount: $1,240,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIRVA MORTGAGE INC
  • First Mortgage Transaction Date: Mar 31, 2020
  • First Mortgage Loan Amount: $1,140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Feb 07, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $992,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 27563 Rainbow Ridge Road located in?
The 27563 Rainbow Ridge Road is a house located in the neighborhood of Rolling Hills Estates in Rolling Hills Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 27563 Rainbow Ridge Road?
The average sales price for units in 27563 Rainbow Ridge Road is $0 currently.

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