NOT LISTED FOR SALE

12 Via Del Cielo Rancho Palos Verdes, CA 90275

Estimated Value: $6,170,000 - $6,854,000

5 Beds
7 Baths
7,031 Sq Ft
$926/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $4,195,000 $597 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $40,165/month

221 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Mira Catalina Elementary School Rated A+
  • Heated Spa
  • 26,157 Sq Ft lot

About This Home

As of June 2018

It’s a pleasant surprise when you enter a home that appears so grand and stately on the outside, only to find it’s positively warm and hospitable on the inside. This magnificent estate stands proud on Via Del Cielo in the prestigious and secure community of Oceanfront Estates. A wide front lawn and splashing fountain welcome you, and when you step inside you’ll find yourself in a cinematic entryway. If you like, stop off at the casual bar and family room to pour your beverage of choice before you ascend the dramatic wrought iron staircase to the lofty main living areas above. Sunlight floods this cheerful area with comfortable seating around a cozy fireplace, and an elegant dining area. Make your way back to the kitchen where wondrous meals are sure to be created. The back yard invites play and relaxation with a shimmering swimming pool, putting green and outdoor kitchen. At the end of the day, it’s all about the heavenly master bedroom with fireplace and a private balcony overlooking the ocean and sky. This grand yet gracious home is the embodiment of the coveted California lifestyle.

Last Agent to Sell the Property

Bill Davis

Estate Properties License #01374451 Listed on: 10/16/2017

Estate Properties

Co-Listed By

Anthony Puma

Palm Realty Boutique, Inc. License #01375596

Last Buyer's Agent

Gerard Bisignano

Vista Sotheby’s International Realty License #01116110

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,379

Year Built

  • Built in 2000

Lot Details

  • 0.6 Acre Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned RPRS

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Peek-A-Boo

Home Design

  • Copper Plumbing

Interior Spaces

  • 7,031 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Game Room with Fireplace
  • Attic Fan
  • Alarm System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Pool

  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Waterfall Pool Feature
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Fireplace in Patio
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 46628
  • Assessor Parcel Number 7582003025

Community Details

Overview

  • Ocean Front Estate Association, Phone Number (310) 541-4258

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,379

Year Built

Built in 2000

Lot Details

0

HOA Fees

$380 per month

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Guarded, Security System, Wired for Alarm System
  • Subdivision Name Other: Oceanfront Estates
  • View: Yes
  • Zoning: RPRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7582003025
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7031.00 Square Feet
  • Interior Amenities: 2 Staircases, Attic Fan, Balcony, Bar, Built-in Features, Copper Plumbing Full, Crown Molding, Elevator, Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Tile Counters, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Game Room, Living Room, Master Bedroom, Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 596.64
  • Room Type: Family Room, Formal Entry, Foyer, Game Room, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Separate Tub And Shower, Stone Counters, Tile Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • View: Catalina, Ocean, Peek-A-Boo
  • Pool Features: Private, Waterfall, Fenced, Gas Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Front Estate
  • Phone: 310-541-4258
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 26157.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 79
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.16
  • Tax Lot: 50
  • Tax Tract Number: 46628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jun 5, 2018
Sold by
Chao Pen Cheng and Chao Ai Lin
Bought by
Bradford Edward and Bradford Paullee
Seller's Agent
Bill Davis
Estate Properties
Buyer's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
List Price
$4,495,000
Sold Price
$4,195,000
Premium/Discount to List
-$300,000
-6.67%
Current Estimated Value
$6,513,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,318,166
Avg. Annual Appreciation
6.28%
Original Mortgage
$3,356,000
Outstanding Balance
$2,908,475
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Estimated Equity
$3,604,691

Purchase Details

Closed on
Sep 30, 2009
Sold by
Gradney Stephen Paul and Salve Gradney Angelique
Bought by
Chao Pen Cheng and Chao Ai Lin

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
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Gradney Stephen Paul and Gradney Angelique Salve
Bought by
Gradney Stephen Paul and Gradney Angelique Salve

Purchase Details

Closed on
Jun 22, 2007
Sold by
Gradney Stephen Paul and Salve Gradney Angelique
Bought by
Stephen Paul and Stephen Angelique Salve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2007
Sold by
Stephen Paul and Stephen Angelique Salve
Bought by
Gradney Stephen Paul and Gradney Angelique Salve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Gradney Stephen Paul and Gradney Angelique Salve
Bought by
Stephen Paul Gradney and Stephen Angelique Salve

Purchase Details

Closed on
Oct 30, 2003
Sold by
Kikugawa Vincent E and Kikugawa Carlene
Bought by
Gradney Stephen Paul and Gradney Angelique Salve

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
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2001
Sold by
Rpv Associates Llc
Bought by
Kikugawa Vincent E and Kikugawa Carlene

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
7.13%
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
Bradford Edward $4,195,000 Lawyers Title
Chao Pen Cheng $3,100,000 Fidelity National Title
Gradney Stephen Paul -- None Available
Stephen Paul -- Accommodation
Gradney Stephen Paul -- Security Union Title
Stephen Paul Gradney -- --
Gradney Stephen Paul $2,750,000 Security Union Title
Kikugawa Vincent E $2,236,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradford Edward $3,356,000
Previous Owner Chao Pen Cheng $417,000
Previous Owner Gradney Stephen Paul $2,500,000
Previous Owner Gradney Stephen Paul $1,500,000
Previous Owner Kikugawa Vincent E $500,000
Previous Owner Kikugawa Vincent E $1,500,000
Closed Kikugawa Vincent E $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $4,195,000 0.0% $597 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/22/2018 04/22/18 Price Changed $4,195,000 -4.2% $597 / Sq Ft
03/06/2018 03/06/18 Price Changed $4,380,000 -2.6% $623 / Sq Ft
02/02/2018 02/02/18 For Sale $4,495,000 +7.2% $639 / Sq Ft
01/02/2018 01/02/18 Off Market $4,195,000 -- --
11/27/2017 11/27/17 Price Changed $4,495,000 -4.0% $639 / Sq Ft
10/16/2017 10/16/17 For Sale $4,680,000 0.0% $666 / Sq Ft
10/07/2015 10/07/15 For Rent $9,000 0.0% --
10/05/2015 10/05/15 Rented $9,000 0.0% --
10/02/2015 10/02/15 Off Market $9,000 -- --
09/10/2015 09/10/15 Price Changed $9,000 -10.0% $1 / Sq Ft
09/08/2015 09/08/15 For Rent $10,000 0.0% --
09/03/2015 09/03/15 Off Market $10,000 -- --
08/01/2015 08/01/15 For Rent $10,000 +17.6% --
04/13/2013 04/13/13 Rented $8,500 -3.4% --
04/04/2013 04/04/13 Under Contract -- -- --
03/12/2013 03/12/13 For Rent $8,800 -- --
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 $52,379 $4,773,190 $2,497,533 $2,275,657
2024 $52,379 $4,679,599 $2,448,562 $2,231,037
2023 $51,566 $4,587,843 $2,400,551 $2,187,292
2022 $48,917 $4,497,886 $2,353,482 $2,144,404
2021 $48,796 $4,409,693 $2,307,336 $2,102,357
2019 $46,636 $4,278,900 $2,238,900 $2,040,000
2018 $38,978 $3,516,827 $1,247,904 $2,268,923
2016 $36,989 $3,380,267 $1,199,448 $2,180,819
2015 $36,795 $3,329,494 $1,181,432 $2,148,062
2014 $36,259 $3,264,275 $1,158,290 $2,105,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17238572

California Regional Multiple Listing Service (CRMLS)

APN: 7582-003-025