NOT LISTED FOR SALE

1024 Granvia Altamira Palos Verdes Estates, CA 90274

Estimated Value: $4,726,000 - $5,671,000

5 Beds
6 Baths
4,556 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $3,180,000 $698 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $30,350/month

81 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Solar Heated In Ground Pool
  • Montemalaga Elementary School Rated A+
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of March 2017

Enjoy ocean + city views from this fabulous Montemalaga home set within a large 16,833 SF lot which has been tastefully upgraded inside/ out w/ sophisticated contemporary flair. Perched up high above the street, the home is a perfect retreat, offering a sense of privacy and seclusion. The impressive open floor plan, w/ living room & dining area that flows easily to the kitchen, makes this the perfect Entertainer’s home. Approx. 4,556 square feet, 5 BDs, 4 BAs & 2 powder rooms + office are featured here. The gourmet kitchen comes complete w/ a professional grade 8 burner range w/ two gas ovens, 2 add'tl Miele ovens, 2 d/washers, Sub-zero, a center island and a butler’s pantry. The large master suite upstairs boasts ocean, coastline & city views as well as a very generous walk in closet and a luxurious bath w/ a whirlpool tub and a steam shower. The 2 other BDs on the upper level all have en suite baths.Remaining 2 BDs are on the main floor. Multiple french doors from the main living room, dining and family/ entertainment room access the stunning outdoor area. All new landscaped grounds, built in travertine BBQ, gorgeous pool + oversized travertine infinity edged spa, fire pit, outdoor shower, sports area and even a tree house! Other features include a temp controlled 600 bottle wine cellar, an in-ground trampoline, new recessed lighting, newly refinished wood floors, beautifully landscaped front +back yards, and new HD security system. There are approved pool house plans.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 11/11/2016

Co-Listed By

Kathy Kim

Chhabria Real Estate Company License #01831545

Last Buyer's Agent

FRANK FAN

TSE REALTY & MANAGEMENT SERVIC License #01951675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,693

Year Built

  • Built in 1998

Lot Details

  • 0.39

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Interior Spaces

  • 4,556 Sq Ft Home
  • Built-In Features
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Theater
  • Home Office
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • 0.39 Acre Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot C
  • Tax Tract Number 8652
  • Assessor Parcel Number 7545014002

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,693

Year Built

Built in 1998

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: 7545014002
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4556.00 Square Feet
  • Interior Amenities: Built-in Features, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 697.98
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Wine Cellar
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • View: City Lights, Coastline, Ocean, Water
  • Pool Features: Private, In Ground, Solar Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Cooktop, Ice Maker, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16833.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: C
  • Tax Tract Number: 8652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Yu Shenheng
Bought by
Liu Dongmei
Current Estimated Value
$5,048,323

Purchase Details

Listed on
Nov 11, 2016
Closed on
Feb 3, 2017
Sold by
Moravek Ron S and Inman Paige H
Bought by
Yu Shenheng and Liu Dongmei
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
FRANK FAN
TSE REALTY & MANAGEMENT SERVIC
List Price
$3,200,000
Sold Price
$3,180,000
Premium/Discount to List
-$20,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
Mar 13, 2013
Closed on
Apr 9, 2013
Sold by
Strong Amy
Bought by
Moravek Ronald S and Inman Paige H
Seller's Agent
Michele Chodos
Douglas Elliman of California
Buyer's Agent
Evan Jay
Estate Properties
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Martinoli Mario
Bought by
Strong Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 26, 1996
Sold by
Martinoli Mario
Bought by
Strong Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1996
Sold by
Winslett John D and Winslett Victoria
Bought by
Benson Paul A and Benson Kathryn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Dongmei -- None Listed On Document
Liu Dongmei -- None Listed On Document
Yu Shenheng $3,180,000 Lawyers Title
Moravek Ronald S $2,100,000 Lawyers Title Company
Strong Amy -- Security Union Title
Strong Amy -- Old Republic Title
Strong Amy $565,000 Old Republic Title
Benson Paul A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moravek Ronald S $1,100,000
Previous Owner Strong Amy $575,000
Previous Owner Strong Amy $575,000
Previous Owner Strong Amy $400,000
Previous Owner Strong Amy $900,000
Previous Owner Strong Amy $75,000
Previous Owner Strong Amy $100,000
Previous Owner Strong Amy $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2017 03/08/17 Sold $3,180,000 -0.6% $698 / Sq Ft
01/17/2017 01/17/17 For Sale $3,200,000 +0.6% $702 / Sq Ft
12/07/2016 12/07/16 Off Market $3,180,000 -- --
11/11/2016 11/11/16 For Sale $3,200,000 +52.4% $702 / Sq Ft
05/31/2013 05/31/13 Sold $2,100,000 -4.3% $496 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $2,195,000 -- $518 / 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
2025 $42,693 $3,782,822 $2,301,208 $1,481,614
2024 $42,693 $3,708,650 $2,256,087 $1,452,563
2023 $42,029 $3,635,932 $2,211,850 $1,424,082
2022 $39,931 $3,564,640 $2,168,481 $1,396,159
2021 $39,904 $3,494,746 $2,125,962 $1,368,784
2020 $39,371 $3,458,912 $2,104,163 $1,354,749
2019 $37,321 $3,308,471 $2,062,905 $1,245,566
2018 $37,056 $3,243,600 $2,022,456 $1,221,144
2016 $25,824 $2,242,948 $1,386,218 $856,730
2015 $25,554 $2,209,258 $1,365,396 $843,862
2014 $24,565 $2,109,533 $1,338,650 $770,883
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16745328

California Regional Multiple Listing Service (CRMLS)

APN: 7545-014-002