1228 Via Zumaya Palos Verdes Estates, CA 90274
Estimated Value: $5,347,000 - $6,600,000
5
Beds
5.5
Baths
7,044
Sq Ft
$847/Sq Ft
Est. Value
Highlights
- Ocean View
- Tennis Courts
- Sauna
- Lunada Bay Elementary School Rated A+
- In Ground Pool
- Primary Bedroom Suite
About This Home
As of July 2022Perched on the Lunada Canyon, this Gated, Mediterranean Tennis Court Estate is a rare opportunity. Enjoy stunning ocean and canyon views from almost every room in this 7,044 square feet allurer. Iron gates open to a stamped concrete driveway that leads to the impressive entrance of this Grand Palace situated in upper Lunada Bay. The main floor features a large living room with a fireplace, formal dining room, guest suite and an oversized kitchen with large center island, all with French doors leading to a viewing balcony. Upstairs find 4 bedrooms including the oversized master suite which includes an office space, fireplace, large en-suite bathroom, 2 walk-in closets and a private balcony overlooking the expansive view. The bottom level is set up for an entertainer’s paradise with two large game rooms, kitchenette, media center and pool bathroom. These rooms flow out to the resort-like backyard featuring a pool, spa, outdoor kitchen and regulation sized tennis court, all with sweeping canyon and ocean views. Originally built in 1991, this home has great bones and is prime for a buyer who has vision and a desire to outfit a home with custom selected finishes.
Last Buyer's Agent
Tuba Ghannadi
Estate Properties License #00922882
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $62,428
Year Built
- Built in 1991
Lot Details
- 0.59 Acre Lot
- Block Wall Fence
- Sprinklers on Timer
- Garden
- Back and Front Yard
- Property is zoned PVR1YY
Parking
- 3 Car Attached Garage
- Parking Available
- Brick Driveway
- Automatic Gate
Property Views
- Ocean
- Canyon
Home Design
- Mediterranean Architecture
- Slab Foundation
- Clay Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 7,044 Sq Ft Home
- Wet Bar
- Dual Staircase
- Bar
- Crown Molding
- High Ceiling
- Recessed Lighting
- Double Door Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Home Office
- Bonus Room
- Sauna
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Six Burner Stove
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Retreat
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Pool
- In Ground Pool
- Gas Heated Pool
- Spa
Outdoor Features
- Tennis Courts
- Living Room Balcony
- Deck
- Patio
- Fire Pit
- Gazebo
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 7 / 2415
- Tax Tract Number 6890
- Assessor Parcel Number 7543003013
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2022
Closed on
Jul 1, 2022
Sold by
Cheng-Lin Family Trust
Bought by
Hodgson Clague P and Hodgson Kristi L
Seller's Agent
Cameron Stearns
Compass
Buyer's Agent
Tuba Ghannadi
Estate Properties
List Price
$5,000,000
Sold Price
$5,350,000
Premium/Discount to List
$350,000
7%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,634
Avg. Annual Appreciation
3.92%
Purchase Details
Closed on
Mar 22, 2019
Sold by
Cheng David Chung Tak and Lin Alice Su Hsin
Bought by
Cheng David Chung Tak and Lin Alice Su Hsin
Purchase Details
Closed on
Apr 22, 2017
Sold by
Cheng Sek Kit and Cheng Christina
Bought by
Cheng David Chung Tak and Lin Alice Su Hsin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 28, 2013
Sold by
Cheng Sek Kit and Cheng Christina
Bought by
Cheng Sek Kit and Cheng Christina
Similar Homes in Palos Verdes Estates, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hodgson Clague P | $5,350,000 | Progressive Title | |
| Cheng David Chung Tak | -- | None Available | |
| Cheng David Chung Tak | $3,500,000 | Wfg Title Company Of Ca | |
| Cheng Sek Kit | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cheng David Chung Tak | $3,500,000 | |
| Previous Owner | Cheng Sek Kit | $1,078,000 | |
| Previous Owner | Cheng Sek Kit | $1,787,500 | |
| Previous Owner | Cheng Sek Kit | $1,430,000 | |
| Previous Owner | Cheng Sek Kit | $950,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2022 07/20/22 | Sold | $5,350,000 | +7.0% | $760 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 06/17/2022 06/17/22 | For Sale | $5,000,000 | -6.5% | $710 / Sq Ft |
| 05/20/2022 05/20/22 | Off Market | $5,350,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $62,428 | $5,457,000 | $3,614,676 | $1,842,324 |
| 2023 | $61,505 | $5,350,000 | $3,543,800 | $1,806,200 |
| 2022 | $38,150 | $3,316,097 | $1,633,704 | $1,682,393 |
| 2021 | $38,106 | $3,251,076 | $1,601,671 | $1,649,405 |
| 2020 | $37,607 | $3,217,741 | $1,585,248 | $1,632,493 |
| 2019 | $36,509 | $3,154,649 | $1,554,165 | $1,600,484 |
| 2018 | $36,082 | $3,092,794 | $1,523,692 | $1,569,102 |
| 2016 | $34,156 | $2,972,699 | $1,464,526 | $1,508,173 |
| 2015 | $33,799 | $2,928,047 | $1,442,528 | $1,485,519 |
| 2014 | $33,290 | $2,870,691 | $1,414,271 | $1,456,420 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Stearns
Seller's Agent in 2022
Cameron Stearns
Compass
(310) 872-8785
17 in this area
87 Total Sales
-
Janet Stearns
Seller Co-Listing Agent in 2022
Janet Stearns
Compass
(310) 480-1167
17 in this area
74 Total Sales
-
Buyer's Agent in 2022
Tuba Ghannadi
RE/MAX
(310) 686-4688
7 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV22094014
APN: 7543-003-013
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