See Home Value
$1,682,900*
House - Off Market

7033 Lofty Grove Drive

Rancho Palos Verdes, CA 90275
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2078 Sqft
$1,035,000 - $1,263,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Feb 10, 2020
$1,405,000
$1,194,250 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2050
Sold Oct 17, 2019
$1,045,000
$108,000 by Lofty Grove Drive 7033 Trust
Mortgage

About This Property

First time to ever hit the market!! Huge opportunity to own a 2,087+ sqft home on an expansive 9,154 sqft Corner Lot. Many loving memories were made by the original owners in this 4 bedroom, 2 bathroom home. Imagine sitting on your private patio enjoying breakfast with fresh squeezed juice from your orange tree and berries from your backyard or watch the kids play on the grassy backyard while getting dinner ready. With a great floor plan and strong bones, you are able to bring your imagination and put your own personal touch on a home that has brought so much love and laughter to 4 generations. Located near award-winning schools, with easy access to shopping, golf, parks and the beach!

The manager has listed the unit size as 2078 square feet.
Unit Size
2,078Ft²
Days on Market
-
Land Size
9,154.00 acres
Price per sqft
$553
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Oct 20, 2019 No longer available -
No longer available
Aug 20, 2019 Relisted $1,149,000
Relisted
Aug 18, 2019 No longer available -
No longer available
Aug 17, 2019 Price Decreased $1,149,000
↓ $41K (3.5%)
Price Decreased
Jul 8, 2019 Listed $1,190,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,154
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,078
  • Building Area: 2,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,078
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 25109
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 25109 LOT/SEC 65

Ownership

  • Current Owner : CHAND SAMAR
  • Current Owner 2: BERKOWSKI NICOLA
  • Previous Owner : ANTELOPE VALLEY RESIDENTIAL DEV LLC
  • Owner Before Previous Owner: MADOR MICHAEL
  • Owner Before Previous Owner 2: THE SCHNEIDER LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670413

Zoning

  • Zoning: RPRS10000*

Geography

  • Assessors Map Reference: 72-C4
  • Subdivision Tract Number: 25109
  • Parcel: 7584-001-012
  • Lot: 65
  • Municipality: SOUTH /CENTRAL P V SFR
  • Latitude: 33.7808
  • Longitude: -118.403

    Address

  • Full Address: 7033 Lofty Grove Dr
  • Address - House Number: 7033
  • Address - Street Name: Lofty Grove
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Rancho Palos Verdes
  • Carrier Code: C006
  • 4-Digit Zip Code: 2946
  • Zip Code: 90275

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,137
  • Tax Rate Code Area: 07-099

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,961,688
  • High Value: 2,399,925
  • Low Value: 1,523,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,194,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $1,194,250
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,476,902
  • Assessed Land Value: $1,179,315
  • Assessed Improvements Value: $297,587

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11724590779
  • Current Sale Price: $1,405,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0162203
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $1,045,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $1,194,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LOFTY GROVE DRIVE 7033 TRUST
  • Previous Mortgage Transaction Date: Oct 17, 2019
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2 Baths
2,000 ft²
$550/ft²
$1,100,000 May 1, 2023
-
$592/mo
Condo
3 Beds
2 Baths
1,841 ft²
$597/ft²
$1,099,000 Feb 10, 2023
-
-
Condo
3 Beds
2 Baths
1,841 ft²
$597/ft²
$1,099,000 Feb 10, 2023
-
$597/mo

About Rancho Palos Verdes


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Frequently Asked Questions

When was property at 7033 Loftygrove Drive built and last sold?
The property at 7033 Loftygrove Drive was built in 1962 and last sold on Jan 8, 2020 for $1,405,000.
How much is this home worth?
The estimated value of the home located at 7033 Loftygrove Drive is $1,193,757.
What are some comparable homes to 7033 Loftygrove Drive?
There are currently no comparable homes to 7033 Loftygrove Drive.

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