NOT LISTED FOR SALE

1201 Via Balboa Palos Verdes Estates, CA 90274

Estimated Value: $2,453,000 - $3,230,000

4 Beds
2.5 Baths
3,042 Sq Ft
$956/Sq Ft Est. Value

Last Sold October 04, 2017

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

Est. 65% increase in value since last sale

Current estimated payment $17,381/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%
Current Estimated Value
$2,907,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,979
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,412,400
Outstanding Balance
$1,178,502
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,728,977

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

Range of Values:

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Average Value
Not Available
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
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 $1,412,400
Previous Owner Chen Scott $729,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $23,590 $2,025,830 $1,456,420 $569,410
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

  • Joyce Yang

    Seller's Agent in 2017

    Joyce Yang

    RE/MAX

    2 in this area

    48 Total Sales

    Joyce Yang
    Section Image
  • Richard Haynes

    Buyer's Agent in 2017

    Richard Haynes

    Haynes Real Estate

    (310) 379-1724

    12 in this area

    76 Total Sales

    Richard Haynes
    Section Image
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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

California Los Angeles County Palos Verdes Estates 90274

1201 Via Balboa, Palos Verdes Estates, CA

This home is located at 1201 Via Balboa, Palos Verdes Estates, CA 90274 since 03 February 2017 and is currently estimated at $2,907,479, approximately $955 per square foot. This property was built in 1972. 1201 Via Balboa is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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