NOT LISTED FOR SALE

Estimated Value: $2,649,000 - $3,324,000

4 Beds
2.5 Baths
3,042 Sq Ft
$996/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $1,765,500 $580 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $18,980/month

199 Days on Market

Highlights

  • View of Trees or Woods
  • 21,751 Sq Ft lot
  • Family Room
  • Montemalaga Elementary School Rated A+
  • 2 Car Attached Garage
  • Back Yard

About This Home

As of October 2017

Back on market. Big price reduction. Prestigious Montemalaga bright ONE LEVEL Spanish style home with 4 bedrooms & 2.5 baths. This unique property is sitting on an approx 21751 square feet usable lot with lush landscaped front, rear & side yard offers a serene life style. Large living room with vaulted ceilings & fireplace, formal dining room has high ceilings and wood floors. Remodeled kitchen with newer cabinets, built-in refrigerator, wine cooler, a cozy breakfast area and a built in desk. Both bathrooms have been updated. Skylights, wood flooring, open-beam ceilings, saltillo tiles etc. Easy walk to Montemalaga Elementary school.

Last Agent to Sell the Property

Joyce Yang

Estate Properties License #00915854 Listed on: 02/03/2017

Estate Properties

Last Buyer's Agent

Richard Haynes

Haynes Real Estate License #01779425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,590

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,042 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Views of Woods

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Community Details

  • Property has a Home Owners Association
  • Pve Association, Phone Number (310) 292-8823

Listing and Financial Details

  • Assessor Parcel Number 7544013006

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,590

Year Built

Built in 1972

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: 7544013006
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3042.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 580.37
  • Room Type: Entry, Family Room, Living Room, Master Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: PVE
  • Phone: 310-292-8823
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 21751.00

Multi Family

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

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Sep 22, 2017
Sold by
Chen Scott and Liu Tzu Chuan
Bought by
Spierer Joseph R and Spierer Cynthia A
Seller's Agent
Joyce Yang
Estate Properties
Buyer's Agent
Richard Haynes
Haynes Real Estate
List Price
$1,799,000
Sold Price
$1,765,500
Premium/Discount to List
-$33,500
-1.86%
Total Days on Market
199
Current Estimated Value
$3,030,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,265,336
Avg. Annual Appreciation
7.32%
Original Mortgage
$1,412,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2008
Sold by
Lacy James Ellis and Lacy Nancy Lee Tipton
Bought by
Chen Scott and Liu Tzu Chuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1995
Sold by
Lacy James Ellis and Lacy Nancy Lee Tipton
Bought by
Lacy James Ellis and Lacy Nancy Lee Tipton

Purchase Details

Closed on
Jun 15, 1993
Sold by
Lacy James Ellis and Lacy Nancy Lee Tipton
Bought by
Lacy James Ellis and Lacy Nancy Lee Tipton
Source: Public Records

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Range of Values:

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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
Spierer Joseph R $1,765,500 Progressive Title Co Inc
Chen Scott $1,740,000 Progressive Title Company
Lacy James Ellis -- --
Lacy James Ellis -- --
Lacy James Ellis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spierer Joseph R $1,318,000
Closed Spierer Joseph R $1,348,000
Closed Spierer Joseph R $1,412,400
Previous Owner Chen Scott $400,000
Previous Owner Chen Scott $729,750
Previous Owner Lacy James Ellis $100,000
Previous Owner Lacy James Ellis $100,000
Previous Owner Lacy James Ellis $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $1,765,500 -1.9% $580 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $1,799,000 0.0% $591 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,799,000 0.0% $591 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $1,799,000 -5.3% $591 / Sq Ft
04/11/2017 04/11/17 For Sale $1,899,000 0.0% $624 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/25/2017 03/25/17 Price Changed $1,899,000 -5.0% $624 / Sq Ft
02/03/2017 02/03/17 For Sale $1,999,000 0.0% $657 / Sq Ft
12/24/2015 12/24/15 Rented $4,650 -6.1% --
11/13/2015 11/13/15 For Rent $4,950 -- --
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
2024 $23,590 $1,986,109 $1,427,863 $558,246
2023 $23,182 $1,947,166 $1,399,866 $547,300
2022 $22,049 $1,908,987 $1,372,418 $536,569
2021 $22,048 $1,871,557 $1,345,508 $526,049
2020 $21,756 $1,852,368 $1,331,712 $520,656
2019 $21,121 $1,800,810 $1,305,600 $495,210
2018 $20,803 $1,765,500 $1,280,000 $485,500
2016 $21,831 $1,892,811 $1,514,250 $378,561
2015 $21,605 $1,864,380 $1,491,505 $372,875
2014 $21,289 $1,827,860 $1,462,289 $365,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17023465

California Regional Multiple Listing Service (CRMLS)

APN: 7544-013-006