NOT LISTED FOR SALE

Estimated Value: $2,124,000 - $2,395,000

4 Beds
3 Baths
2,160 Sq Ft
$1,042/Sq Ft Est. Value

Highlights

  • Ocean View
  • Custom Home
  • Main Floor Primary Bedroom
  • Lunada Bay Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of October 2015

Huge Price Reduction from $4500 to $4000!! Panoramic ocean and Catalina views are enjoyed from most major rooms of this outstanding 4 bedroom, 3 bath home. Updated property is ideally located within one block of the Palos Verdes intermediate school and within walking distance to the award winning high school and elementary school. Prime property features dual paned Anderson windows and doors, plantation shutters, and gleaming hardwood floors in the living room, dining room and in the family room. There is newer Berber carpeting in the four bedrooms and on interior stairs. Three bedrooms including the master bedroom and two bathrooms are on the entry level. Two fireplaces are in the living room and in the family room. This rare property boasts a Sub Zero refrigerator/freezer in the kitchen,newer kitchen cabinetry, smooth ceilings and a security system. There are two view balconies on both levels for enjoying the spectacular sunsets over the ocean. In addition there is a large patio for gracious entertaining. This prime custom home with an attached two car garage and tile roof is located directly next to city parkland for children to play.

Last Agent to Rent the Property

Kathy Tillson

Estate Properties License #00908500 Listed on: 08/12/2015

Estate Properties

Last Renter's Agent

Kathy Tillson

Estate Properties License #00908500 Listed on: 08/12/2015

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,037

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 7,824 Sq Ft Lot
  • Landscaped
  • Lot Sloped Down
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Traditional Architecture
  • Spanish Tile Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Double Pane Windows
  • Insulated Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Bay Window
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Lowered Light Switches
  • More Than Two Accessible Exits

Outdoor Features

  • Living Room Balcony
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Tax Lot 19
  • Tax Tract Number 16054
  • Assessor Parcel Number 7543018025

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,037

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Other: 4000
  • Deposit Pets: 1000
  • Deposit Security: 8000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Inclusions: washer and dryer included without warranty
  • Property Attached: No
  • Security: Smoke Detector(s), Security System
  • Subdivision Name Other: Lunada Bay
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7543018025
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2160.00
  • Interior Amenities: Built-in Features, Balcony, Living Room Balcony, Partially Furnished, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits, Lowered Light Switches
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 1.94
  • Room Type: Dressing Area, Entry, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Separate Family Room
  • Window Features: Bay Window(s), Custom Covering, Double Pane Windows, Insulated Windows, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, Ocean, Panoramic
  • Patio And Porch Features: Brick, Concrete, Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Shingle Siding, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: In Closet, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Sloped Down, Greenbelt, Landscaped, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7824.00
  • Price Per Lot Square Foot: 0.54
  • Lot Size Acres: 0.1800

Multi Family

  • First Repairs: 65
  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7824.0000 Square Feet
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 16054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Tracy Patch
Bought by
Tracy Patch Revocable Trust
Current Estimated Value
$2,251,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Outstanding Balance
$1,458,695
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$732,267

Purchase Details

Closed on
Feb 16, 2022
Sold by
Separate Trust
Bought by
Patch Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Outstanding Balance
$1,458,695
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$732,267

Purchase Details

Closed on
Oct 18, 2021
Sold by
Shut John William and Shutt David Stephen
Bought by
Shutt John William and Shutt Family Trust

Purchase Details

Closed on
Nov 15, 1993
Sold by
Shutt Stephen W and Shutt Jane
Bought by
Shutt Stephen William and Shutt Jane
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
Tracy Patch Revocable Trust -- Progressive Title
Patch Tracy $1,895,000 Progressive Title
Shutt John William -- None Available
Shutt Stephen William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patch Tracy $1,516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Under Contract -- -- --
09/07/2015 09/07/15 Price Changed $4,000 -4.8% $2 / Sq Ft
07/24/2015 07/24/15 Rented $4,200 -6.7% --
07/17/2015 07/17/15 For Rent $4,500 -- --
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 $23,037 $2,010,987 $1,608,790 $402,197
2024 $23,037 $1,971,557 $1,577,246 $394,311
2023 $22,630 $1,932,900 $1,546,320 $386,580
2022 $21,177 $1,856,400 $1,377,000 $479,400
2021 $3,446 $171,182 $80,156 $91,026
2020 $3,405 $169,428 $79,335 $90,093
2019 $3,341 $166,107 $77,780 $88,327
2018 $3,264 $162,851 $76,255 $86,596
2016 $3,070 $156,530 $73,295 $83,235
2015 $3,027 $154,180 $72,195 $81,985
2014 $2,601 $151,161 $70,781 $80,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15156416

California Regional Multiple Listing Service (CRMLS)

APN: 7543-018-025