$1,562,144
SOLD JUL 3, 2014

1016 Via Fortuna Palos Verdes Estates, CA 90274

5 Beds
3 Baths
2,761 Sq Ft
9,682 Sq Ft Lot

Recently Sold

$566 Per Sq Ft

4% Above List Price

14 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • No HOA
  • Lunada Bay Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Cul-De-Sac

About This Home

As of July 2014

Lunada Bay lovers…This is it! Close to award winning schools, golf courses, nature trails and shopping. Located on a quite cul-d-sac, perfect for the large family who entertains. Kitchen has custom cabinetry, granite counters, double oven, 5 burner gas stove, wine cooler and center island with sitting area that opens to a spacious family room, dining area and inviting glass enclosed patio for viewing pool area, and beautiful sunsets. New flooring through-out and all bathrooms have been upgraded. Master bedroom suite has a new bathroom and walk-in closet with glass doors leading to a private deck area. Down stairs take your pick, entertain in the family room with wet bar and fireplace adjacent to the pool or enter the brand new approximately 17X30 theater/family room, large enough for a pool table and home gym etc… This is truly the best value in Lunada Bay.
Recently added sq/ft is not reflected in the tax records at this time but is permitted.

Last Agent to Sell the Property

Al D'Amico

Keller Williams Palos Verdes License #00638870 Listed on: 06/30/2014

Keller Williams Palos Verdes

Last Buyer's Agent

Susan Crossman

RE/MAX Estate Properties License #00555128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,158

Year Built

  • Built in 1960

Lot Details

  • 9,682 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,761 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Pool

  • In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 23522
  • Assessor Parcel Number 7543017016

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,158

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543017016
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2761.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 565.79
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • View: Ocean
  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9682.00
  • Lot Size Acres: 0.2220

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9682.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 23522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Jun 30, 2014
Sold by
Aslan Residential Vi
Bought by
Nwude Joachim and Nwude Maryanne
Seller's Agent
Al D'Amico
Keller Williams Palos Verdes
Buyer's Agent
Susan Crossman
RE/MAX Estate Properties
List Price
$1,499,000
Sold Price
$1,562,144
Premium/Discount to List
$63,144
4.21%
Total Days on Market
14
Current Estimated Value
$2,672,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,110,399
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,249,715
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 6, 2013
Closed on
Aug 16, 2013
Sold by
Blunt David and Blunt Barbara
Bought by
Aslan Residential Vi Llc
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
EDWIN HERNANDEZ
300 REALTY
List Price
$1,199,900
Sold Price
$1,050,000
Premium/Discount to List
-$149,900
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.42%

Purchase Details

Closed on
Jan 19, 2007
Sold by
Blunt David and Blunt Barbara
Bought by
Blunt David and Blunt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Blunt David and Blunt Barbara
Bought by
Blunt David and Blunt Barbara

Purchase Details

Closed on
Apr 25, 1997
Sold by
Blunt D R Tr D R Blunt Trust
Bought by
Blunt David R and Blunt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.5%

Purchase Details

Closed on
Apr 1, 1994
Sold by
Blunt David and Blunt Barbara
Bought by
Blunt D R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.5%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,562,500 First American Title Company
Grant Deed $1,050,000 Lawyers Title Ins Corp
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- Investors Title Company
Grant Deed -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,046,000 New Conventional
Closed $1,249,715 Adjustable Rate Mortgage/ARM
Previous Owner $405,300 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $55,000 Credit Line Revolving
Previous Owner $510,000 No Value Available
Previous Owner $456,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $1,562,144 +4.2% $566 / Sq Ft
05/16/2014 05/16/14 For Sale $1,499,000 +42.8% $543 / Sq Ft
09/23/2013 09/23/13 Sold $1,050,000 -12.5% $380 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/06/2013 07/06/13 For Sale $1,199,900 -- $435 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,158 $1,859,204 $1,472,498 $386,706
2023 $21,769 $1,822,750 $1,443,626 $379,124
2022 $20,706 $1,787,011 $1,415,320 $371,691
2021 $20,677 $1,751,972 $1,387,569 $364,403
2019 $19,808 $1,682,990 $1,346,414 $336,576
2018 $19,467 $1,649,991 $1,320,014 $329,977
2016 $18,481 $1,585,921 $1,268,757 $317,164
2015 $18,288 $1,562,100 $1,249,700 $312,400
2014 $12,852 $1,050,000 $840,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14101966

California Regional Multiple Listing Service (CRMLS)

APN: 7543-017-016