6948 Verde Ridge Rd Rancho Palos Verdes, CA 90275

$1,420,000 Sold Price as of 09/01/2017

5 Beds
3 Baths
2,513 Sq.Ft.

Off Market

$1,420,000 Sold Price as of 09/01/2017 Refinance Your Mortgage

Map preview of 6948 Verde Ridge Rd, Rancho Palos Verdes, CA 90275

Property Overview: 6948 Verde Ridge Rd Rancho Palos Verdes, CA has 5 bedrooms, 3 bathrooms, 2,513 living square feet and 13,464 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6948 Verde Ridge Rd is currently an off market home in the city of Rancho Palos Verdes. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Rancho Palos Verdes has a median list price of $1,850,000. The median price per/sqft for Rancho Palos Verdes is $790. With those numbers in mind, if you are looking to purchase a median priced home in Rancho Palos Verdes, CA and put 20% down you will need to save up $370,000 for the down payment and will need roughly $37,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Rancho Palos Verdes the commission could be as much as $97,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Rancho Palos Verdes Agent

Sale History for 6948 Verde Ridge Rd

Last sold for $1,420,000 on September 1st, 2017

September, 2017
Sep 5, 2017

Date

Sold

CRMLS: SB17147690

$1,420,000

Price
Aug 20, 2017

Date

Pending

CRMLS: SB17147690

$1,450,000

Price
Jul 14, 2017

Date

Active Under Contract

CRMLS: SB17147690

$1,450,000

Price
Jul 7, 2017

Date

Active

CRMLS: SB17147690

$1,450,000

Price
Listing provided courtesy of CRMLS

Welcome to the spectacular Verde Ridge Road! As you make your way to this beautiful home you will capture the amazing views of Rancho Palos Verdes. With ocean and canyon views from the master bedroom and back patio, this updated and spacious 5 bedroom 3 bathroom home is situated on an oversized lot at nearly 13,500 sq. ft. Brand new features include composite wood floors, fresh interior paint, dual pane windows, bedroom closets, bathroom counter tops and cabinets making this home ready for a new family. Located near Verde Ridge Road's quiet cul-de-sac, this home has all the delights for entertaining in a peaceful surrounding. Prepare yourself for an exceptional experience, enjoy the views and this beautiful home!

Continue Reading
September, 2017
Sep 1, 2017

Date

Sold (Public Records)

Public Records

$1,420,000

Price
February, 2017
Feb 16, 2017

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 6948 Verde Ridge Rd

Assessed Value (2020): $1,477,367

Year	Land Value	Improved Value	Assessed Value
2020	$1,181,894	$295,473	$1,477,367

About 6948 Verde Ridge Rd

Detailed summary of property

6948 Verde Ridge Rd is a single family home in Rancho Palos Verdes, CA 90275 and last sold on September 1, 2017 for $1,420,000. This house has 5 bedrooms, 3 bathrooms, roughly 2,513 living square feet, and sits on an approximately 13,464 square foot lot. Homes in Rancho Palos Verdes are selling for a median price of $1,950,000 and a median price per square foot of $784. Based on Ardent Real Estate Group's Rancho Palos Verdes Market Data, this home is sold 27.18% lower than the current median priced home. 6948 Verde Ridge Rd was last sold on September 1, 2017 for $1,420,000. Local nearby listings include 7219 W 91st St, 8875 Earhart Ave and 7514 W 91st St. The average home in Rancho Palos Verdes, CA is selling in 71 days. There are currently 168 homes for sale in the Rancho Palos Verdes real estate market and 131 of them are single family homes while 26 of them are condos and 11 are townhomes. If you are the homeowner and looking to sell the home at 6948 Verde Ridge Rd Rancho Palos Verdes, CA 90275 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Palos Verdes agents.

Public Facts for 6948 Verde Ridge Rd

Public county record property details

Beds: 5
Baths: 3
Year built: 1973
Sq. Ft.: 2,513
Lot Size: 13,464
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 53
APN: 7583-035-007

The source for these homes facts are from public records.

90275 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,850,000

Median List Price/Sq.Ft.

$796

Median Sold Price

$1,900,000

Median Sold Price/Sq.Ft.

$784

Total Inventory

167

Median Sale to List Price %

97.44%

Avg Days on Market

Loan Type

Conventional (32.14%), FHA (0%), VA (3.57%), Cash (32.14%), Other (17.86%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote