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$999,999

Beds
2
Baths
2.0
sq ft
1,373

3200 La Rotonda Dr Unit 507, Rancho Palos Verdes, CA 90275

3200 La Rotonda Dr Unit 507

Rancho Palos Verdes, CA 90275

  • 197 days on market
    • Price drop $50,001↓
Resort living at it's finest! You'll feel like you're on vacation every day while enjoying the fabulous PANORAMIC VIEWS of the ocean, Catalina Island, lush golf course, coastline, rolling hills and magnificent sunsets from this highly upgraded & modern 2-bedroom, 2-bath condominium located in "Ocean Terrace." Spacious enclosed deck offers the perfect setting for that evening glass of wine or morning cup of coffee watching the pelicans glide through the cool ocean air and sailboats heading to open seas. Spacious living room has a modern fireplace, smooth ceilings, indirect lighting and fabulous modern grey-hued wood-look flooring throughout. The high-gloss white kitchen has custom decorator tile subway backsplash and beautiful quartz countertops, high-end stainless appliances and offers plenty of storage. The primary suite has a spacious walk-in closet and remodeled full bath with oversized shower. The adjacent guest bedroom has a full bath and the washer and dryer are located in the hallway adjacent to the bedrooms. Ocean Terrace is located in the highly desirable Palos Verdes South neighborhood on a cul-de-sac overlooking a breathtaking National Golf Course & hiking trails that span thru PV coastline, private beaches & magical coves & the 5-star Terranea Resort. Ocean Terrace amenities include a spacious swimming pool, jacuzzi, two tennis courts, pickleball/paddle tennis court, shuffleboard, fitness center, sauna, billiard room, recreation room with a large screen TV, kitchen and restrooms.... everything you'll need to enjoy resort-style living including beautiful hiking trails along the ocean bluff. Enjoy the beautiful sunsets from your piece of paradise along the coastline of Palos Verdes!

Details

Property type

Condominium

Est. home value

$1,013,356

Property condition

Updated/Remodeled

Lot size

5.5556 acres

Price per sq ft

$729

Year built

1974

Monthly HOA fee

$911.04

Price History

08/03/2024
CRMLS

CRMLS #SB24068518

Price change
$999,999
-4.76%
06/25/2024
CRMLS

CRMLS #SB24068518

Price change
$1,050,000
-8.7%
05/04/2024
CRMLS

CRMLS #SB24068518

Listed
$1,150,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf, Street Lights, Sidewalks

High school district: 

Palos Verdes Peninsula Unified

Number of units in community: 

100

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$276,566
Asking price
$999,999
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$643,433
Cash to seller
$276,566

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Monarch Funding Corp

Loan start date

March 2021

Original loan amount

$700,200

Est. remaining balance

$643,433

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Gustavo Adolfo Dominguez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 2:40 PM

Listing updated: 10/31/2024 at 7:15 PM

Listed by: SHARON MCHALE, RE/MAX Estate Properties Phone #: (310) 831-0222

MLS: CRMLS #SB24068518

CRMLS logo