$1,565,000
SOLD AUG 21, 2012

1120 Granvia Altamira Palos Verdes Estates, CA 90274

4 Beds
3 Baths
2,922 Sq Ft
0.35 Acres

Recently Sold

$536 Per Sq Ft

1% Above List Price

39 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Wood Flooring
  • Montemalaga Elementary School Rated A+
  • Property is near a park
  • Attic

About This Home

As of June 2022

Open the entrance door, and you will be greeted by expansive views. The living room’s “floor-to-ceiling” windows are designed to enjoy the view of the city and ocean with palm trees enhancing the California charm. The open floor plan with high vaulted ceilings and many windows in the living and family rooms offers bright, relaxed, airy feelings. Enjoy the romantic city light view from the spa. The office adjacent to the laundry room can be considered as the 4th bedroom; it was not described as a bedroom in the plan or permit. The family room area was added in 2003 with permit. The large lot (15,149sf) provides both a swimming pool and grassy backyard. Well recessed from the street, the curb appeal is complemented by the circular drive way. Conveniently located with easy access to Peninsula Center, Torrance or Redondo Beach.

Last Agent to Sell the Property

Y. Anthony Iwata

Rockyfield License #01328577 Listed on: 05/16/2012

Co-Listed By

Catarina Iwata

Rockyfield License #01230275

Last Buyer's Agent

Ali Dehdashty

Amluck Realty Inc. License #01331839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,906

Year Built

  • Built in 1967

Lot Details

  • 0.35 Acre Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Circular Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Split Level Home
  • Spanish Tile Roof

Interior Spaces

  • 2,922 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Storage
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Above Ground Spa
  • Pool Tile

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8652
  • Assessor Parcel Number 7545015015

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,906

Year Built

Built in 1967

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: 7545015015
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2922.00
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 535.59
  • Room Type: Attic, Entry, Living Room, Master Bedroom, Separate Family Room
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: City Lights, Mountain(s), Ocean, Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Gunite, Heated, In Ground, Tile
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Direct Garage Access

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Double Oven, Dishwasher, Electric Cooking, Gas Cooking, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Trash Compactor, Tankless Water Heater, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Front Yard, Lawn, Landscaped, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 15149.00
  • Lot Size Acres: 0.3480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15149.0000 Square Feet

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 8652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 10, 2022
Sold by
Sarmast Ali and Sarmast Karen
Bought by
Lin Caroline
Seller's Agent
Ray Akbari
The Agency
Buyer's Agent
Wei Shi Lee
Berkshire Hathaway HomeService
List Price
$5,988,000
Sold Price
$6,483,000
Premium/Discount to List
$495,000
8.27%
Current Estimated Value
$5,736,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$746,746
Avg. Annual Appreciation
-2.95%
Original Mortgage
$3,960,000
Outstanding Balance
$3,344,141
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,547,356

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 7, 2022
Sold by
Lin Eho
Bought by
Lin Caroline
Seller's Agent
Ray Akbari
The Agency
Buyer's Agent
Wei Shi Lee
Berkshire Hathaway HomeService
List Price
$5,988,000
Sold Price
$6,483,000
Premium/Discount to List
$495,000
8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,960,000
Outstanding Balance
$3,344,141
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,547,356

Purchase Details

Listed on
May 16, 2012
Closed on
Jun 26, 2012
Sold by
Nakano Nobuyuki and Nakano Tomoko
Bought by
Sarmast Ali and Sarmast Karen
Seller's Agent
Y. Anthony Iwata
Rockyfield
Buyer's Agent
Ali Dehdashty
Amluck Realty Inc.
List Price
$1,550,000
Sold Price
$1,565,000
Premium/Discount to List
$15,000
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$1,252,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2009
Sold by
Allen Newman Samantha E and Allen Sarah E
Bought by
Nakano Nobuyuki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,208,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2008
Sold by
Allen Newman Samantha E and Allen Sarah E
Bought by
Allen Newman Samantha E
Source: Public Records

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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 $6,483,000 Fidelity National Title
Deed -- Fidelity National Title
Grant Deed $1,565,000 Old Republic Title Company
Grant Deed $1,510,000 Progressive Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,960,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $499,900 Credit Line Revolving
Previous Owner $1,945,000 New Conventional
Previous Owner $1,293,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,252,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,071,500 New Conventional
Previous Owner $1,208,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $6,483,000 +8.3% $1,116 / Sq Ft
04/19/2022 04/19/22 For Sale $5,988,000 +282.6% $1,031 / Sq Ft
08/21/2012 08/21/12 Sold $1,565,000 +1.0% $536 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $1,550,000 -- $530 / 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 $75,906 $6,879,809 $3,134,595 $3,745,214
2024 $75,906 $6,744,912 $3,073,133 $3,671,779
2023 $74,791 $6,612,660 $3,012,876 $3,599,784
2022 $41,775 $3,703,112 $1,816,027 $1,887,085
2021 $41,746 $3,630,503 $1,780,419 $1,850,084
2020 $41,193 $3,593,277 $1,762,163 $1,831,114
2019 $39,969 $3,522,821 $1,727,611 $1,795,210
2018 $39,662 $3,453,747 $1,693,737 $1,760,010
2016 $24,565 $2,152,966 $1,242,040 $910,926
2015 $18,787 $1,603,514 $1,223,384 $380,130
2014 $18,512 $1,572,104 $1,199,420 $372,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12061763

California Regional Multiple Listing Service (CRMLS)

APN: 7545-015-015