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28229 Ridgepoint Court

28229 Ridgepoint Court, Rancho Palos Verdes, CA 90275
Sold May 13, 2021
$1,040,000
$810,000 by Pnc Bank Na
Mortgage Due Jun 01, 2051
Sold May 13, 2016
$677,500
$177,500 by Wintrust Mortgage
Mortgage Due Jun 01, 2046
28229 Ridgepoint Court in Rancho Palos Verdes, CA was first built in 1975 and is 49 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 contemporary style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 28229 Ridgepoint Court has 1,687 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. In total, the area measurement of the land is 519,748 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is 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 are a total of 2 available parking spaces. 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 28229 Ridgepoint Court sold most recently in Apr 6, 2021 for a total of $1,040,000. If you work out the math, that's approximately a cost of $616.48 per sqft. Before that, the property was also sold for $677,500 in Apr 12, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,023 in taxes each year. 28229 Ridgepoint Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,082,015. If we break it down further, the land itself was valued at $733,794. Improvements to the property, however, were assessed at a total of $348,221. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 519,748
  • Total Building Area: 1,687
  • Building Area: 1,687
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,687
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MIRA VERA HOA
  • Land Acres: 11.932
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT NO 30167 CONDOMINIUM UNIT 2

Ownership

  • Current Owner : GONG PU
  • Current Owner 2: QIU LIN
  • Previous Owner : LEEUWENBURGH CRAIG AUSTIN
  • Previous Owner 2: THE CRAIG AUSTIN LEEUWENBURGH
  • Owner Before Previous Owner: VENTURES TRUST 2013-I H R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670407

Zoning

  • Zoning: RPRM5400*

Geography

  • Assessors Map Reference: 72-D4
  • Subdivision Tract Number: 30167
  • Parcel: 7587-002-003
  • Lot: 1
  • Municipality: SOUTH /P.V. CONDO
  • Latitude: 33.778
  • Longitude: -118.39

    Address

  • Full Address: 28229 Ridgepoint Ct
  • Address - House Number: 28229
  • Address - Street Name: Ridgepoint
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Rancho Palos Verdes
  • Carrier Code: C034
  • 4-Digit Zip Code: 3251
  • Zip Code: 90275

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,023
  • Tax Rate Code Area: 07-099

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 1,153,900
  • High Value: 1,409,525
  • Low Value: 898,275

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $810,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $810,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,082,015
  • Assessed Land Value: $733,794
  • Assessed Improvements Value: $348,221

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11834973844
  • Current Sale Price: $1,040,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0772151
  • Previous Sale Recording Date: May 13, 2016
  • Previous Sale Contract Date: Apr 12, 2016
  • Previous Sale Amount: $677,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $810,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: May 13, 2016
  • Previous Mortgage Loan Amount: $177,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 28229 Ridgepoint Court located in?
The 28229 Ridgepoint Court is a located in the neighborhood of Rancho Palos Verdes in Rancho Palos Verdes, Rancho Palos Verdes.
What is the average sales price for listings in 28229 Ridgepoint Court?
The average sales price for units in 28229 Ridgepoint Court is $0 currently.

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