NOT LISTED FOR SALE

Estimated Value: $3,670,000 - $6,106,000

5 Beds
4.5 Baths
4,115 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $2,650,000 $644 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $25,861/month

11 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Lunada Bay Elementary School Rated A+
  • Primary Bedroom Suite
  • Retreat

About This Home

As of November 2012

This beautiful Spanish Villa with panoramic, unobstructable ocean, Malibu Coast and sunset views! Architect design by Tony Ashai with designer custom appointments throughout, multiple courtyards, pool & spa perfect for indoor and outdoor living pleasure. Boasting 4,115 sq. ft. of living space, 5 bedrooms and 4.5 baths with views from almost every room. Formal living room with a fireplace and a balcony overlooking ocean views. Gourmet kitchen with top of the line appliances, double ovens, plus a warming oven, subzero refrigerator, large center island and custom cabinets. Family room off the kitchen with French doors that lead out to pool & spa and patio area with a built in BBQ. Back patio sitting area complete with an outdoor fireplace. Upstairs master retreat with large master bath, fireplace and walk in closet. Other features include hardwood and stone flooring with new carpeting in all bedrooms, a ton of storage space, 2–car garage, an elevator, laundry room, beautifully landscaped yard - all of this set within a 11,000 square foot lot.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 09/21/2012

Last Buyer's Agent

Gary Richardson

Strand Hill Properties License #00466560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,988

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 4,115 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6890
  • Assessor Parcel Number 7543016027

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,988

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543016027
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4115.00
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 643.99
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Living Room, Master Bedroom, Multi-Level Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean, Panoramic
  • Patio And Porch Features: Concrete, Porch, Front Porch, Rear Porch, Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 11008.00
  • Lot Size Acres: 0.2530

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11008.0000 Square Feet

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Nov 21, 2012
Sold by
Lin Tom T and Lin Ginger C
Bought by
Lin Tom T and Lin Ginger C
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Gary Richardson
Strand Hill Properties
List Price
$2,699,900
Sold Price
$2,650,000
Premium/Discount to List
-$49,900
-1.85%
Current Estimated Value
$4,160,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,510,383
Avg. Annual Appreciation
3.98%
Original Mortgage
$1,500,000
Interest Rate
2.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Oct 25, 2012
Sold by
Georgis Theodore and Georgis Tracy
Bought by
Lin Tom T and Lin Ginger C
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Gary Richardson
Strand Hill Properties
List Price
$2,699,900
Sold Price
$2,650,000
Premium/Discount to List
-$49,900
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Zumaya Llc
Bought by
Georgis Theodore and Georgis Tracy

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
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2003
Sold by
Calhoun Jean G and F & J Calhoun Living Trust
Bought by
Zumaya Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
5.76%
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
Lin Tom T -- Accommodation
Lin Tom T $2,650,000 Lawyers Title
Georgis Theodore -- Lawyers Title
Georgis Theodore $2,850,000 Landamerica Lawyers Title
Zumaya Llc $410,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Tom T $1,000,000
Open Lin Tom T $1,999,947
Closed Lin Tom T $295,000
Closed Lin Tom T $1,500,000
Previous Owner Georgis Theodore $1,000,000
Previous Owner Zumaya Llc $1,013,000
Previous Owner Zumaya Llc $266,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $2,650,000 -1.8% $644 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $2,699,900 -- $656 / 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 $36,988 $3,263,275 $1,847,139 $1,416,136
2024 $36,988 $3,199,290 $1,810,921 $1,388,369
2023 $36,399 $3,136,560 $1,775,413 $1,361,147
2022 $34,589 $3,075,059 $1,740,601 $1,334,458
2021 $34,603 $3,014,765 $1,706,472 $1,308,293
2019 $33,123 $2,925,348 $1,655,858 $1,269,490
2018 $32,894 $2,867,990 $1,623,391 $1,244,599
2016 $31,165 $2,756,624 $1,560,353 $1,196,271
2015 $30,844 $2,715,218 $1,536,916 $1,178,302
2014 $30,376 $2,662,031 $1,506,810 $1,155,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12118202

California Regional Multiple Listing Service (CRMLS)

APN: 7543-016-027