NOT LISTED FOR SALE

Estimated Value: $3,025,332 - $3,183,000

4 Beds
4 Baths
3,366 Sq Ft
$913/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $2,976,000 $884 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,618/month

23 Days on Market

Highlights

  • Ocean View
  • Koi Pond
  • In Ground Pool
  • Lunada Bay Elementary School Rated A+
  • Home Theater
  • Updated Kitchen

About This Home

As of August 2024

Here is a unique opportunity at 1120 Via Zumaya, nestled in the heart of upper Lunada Bay in Palos Verdes Estates. This stunning 3,366 sq ft home boasts 4 spacious bedrooms and four luxurious bathrooms and a three car attached, pebble stone garage. Built in 1974 for the architect who designed it, it has also been meticulously maintained & improved by the current owners for the past two decades. The property features a grand design with central air conditioning, a cozy double fireplace, and top-notch construction quality. From the unassuming entry gate you’ll hear the sound of the water feature inviting you for a swim in the pool. As you enter the front doors, discover incredible ocean views with natural light pouring in from floor to ceiling windows. Head to the kitchen and enjoy the indoor outdoor living with the expansive deck. The gourmet kitchen, equipped with Miele appliances & Jerusalem Gold limestone counters seamlessly flow to the dining area, attracting family gatherings and entertaining guests. Retreat to the master suite, offering a spa-like indoor-outdoor bathroom with the private deck currently used as an orchid nursery. The home theater room awaits your favorite game or movie night, equipped with a built in illuminated wall fridge. Should you need refills or popcorn, just exit the sliding glass door behind the projector, and head up the outdoor spiral staircase to the kitchen. Enjoy the decks outside both living and bedroom levels around the west and south sides of the 9,339 sq ft lot. Enjoy sunny California days by the private swimming pool or unwind over looking the beautifully koi pond and ocean. Located in the coveted Lunada Bay neighborhood, this home is ideally close to nationally-ranked, award-winning Palos Verdes High School, Top-Ranking Lunada Bay Elementary and Palos Verdes Intermediate School, scenic parks, and charming local shops. Experience luxury living in one of the most desirable coastal communities in Southern California. Don't miss this rare opportunity to own a piece of paradise.

Last Agent to Sell the Property

Ian Rusnell

Vista Sotheby’s International Realty Brokerage Phone: 310-375-0583 License #01454581 Listed on: 06/21/2024

Vista Sotheby’s International Realty

Last Buyer's Agent

Glenn Thompson

WILSHIRE REAL ESTATE License #01749796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,478

Year Built

  • Built in 1974

Lot Details

  • 9,339 Sq Ft Lot
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof

Interior Spaces

  • 3,366 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Awning
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Home Theater
  • Tile Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Koi Pond
  • Wrap Around Porch

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 2324
  • Tax Tract Number 6890
  • Assessor Parcel Number 7543002019

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,478

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543002019
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3366.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 884.14
  • Room Type: Home Theatre, Kitchen
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Awning(s), Koi Pond
  • View: Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Deck, Wrap Around
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9339.00
  • Lot Size Acres: 0.2144
  • Latitude Manual: 33.77125700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9339.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2324
  • Tax Census Tract: 6703.28
  • Tax Lot: 12
  • Tax Tract Number: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 9, 2024
Sold by
Vicki P Rollins Revocable Trust and Rollins Vicki P
Bought by
Adam B Brown 2019 Revocable Living Trust and Brown
Seller's Agent
Ian Rusnell
Vista Sotheby’s International Realty
Buyer's Agent
Glenn Thompson
WILSHIRE REAL ESTATE
List Price
$2,976,000
Sold Price
$2,976,000
Views
20
Current Estimated Value
$3,073,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,083
Avg. Annual Appreciation
3.23%
Original Mortgage
$2,380,800
Outstanding Balance
$2,358,482
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$714,601

Purchase Details

Closed on
Jun 8, 2019
Sold by
Rollins Vicki P
Bought by
Rollins Vicki P

Purchase Details

Closed on
Jul 7, 2004
Sold by
Nelson William A
Bought by
Rollins Vicki P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2000
Sold by
Chan Asser
Bought by
Nelson William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1996
Sold by
Solomon Edward D and Solomon Roberta L
Bought by
Chan Asser and Chan Dorothy Chung Fong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Adam B Brown 2019 Revocable Living Trust $2,976,000 First American Title Company
Rollins Vicki P -- None Available
Rollins Vicki P $1,375,000 First American Title Company
Nelson William A $1,000,000 Southland Title Corporation
Chan Asser $720,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam B Brown 2019 Revocable Living Trust $2,380,800
Previous Owner Rollins Vicki $500,000
Previous Owner Rollins Vicki P $500,000
Previous Owner Rollins Vicki P $200,000
Previous Owner Rollins Vicki P $1,750,000
Previous Owner Rollins Vicki $241,456
Previous Owner Rollins Vicki P $283,315
Previous Owner Rollins Vicki P $1,000,000
Previous Owner Nelson William A $1,000,000
Previous Owner Nelson William A $750,000
Previous Owner Chan Asser $300,000
Previous Owner Chan Asser $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $2,976,000 0.0% $884 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $2,976,000 -- $884 / 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 $22,478 $2,976,000 $2,304,500 $671,500
2024 $22,478 $1,879,043 $1,366,581 $512,462
2023 $22,085 $1,842,200 $1,339,786 $502,414
2022 $21,012 $1,806,079 $1,313,516 $492,563
2021 $21,010 $1,770,666 $1,287,761 $482,905
2020 $20,732 $1,752,511 $1,274,557 $477,954
2019 $20,131 $1,718,149 $1,249,566 $468,583
2018 $19,991 $1,684,461 $1,225,065 $459,396
2016 $18,971 $1,619,054 $1,177,496 $441,558
2015 $18,771 $1,594,735 $1,159,809 $434,926
2014 $17,521 $1,473,000 $1,071,000 $402,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24123720

California Regional Multiple Listing Service (CRMLS)

APN: 7543-002-019