NOT LISTED FOR SALE

1245 Via Landeta Palos Verdes Estates, CA 90274

Estimated Value: $3,799,667 - $4,329,000

4 Beds
4.5 Baths
4,583 Sq Ft
$889/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $3,250,000 $709 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $24,970/month

Highlights

  • Ocean View
  • In Ground Pool
  • Fireplace in Kitchen
  • Vista Grande Elementary Rated A+
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of January 2023

Palos Verdes Estates luxury home. Brand New Kitchen and gorgeous waterfall island + counter tops. High end new appliances to include a built in Viking refrigerator (sub-zero style), built in coffee maker, wine refrigerator, microwave, dishwasher, range, stove & oven, washer & dryer. Kitchen includes a large walk in pantry. You must see the interior which is beautifully designed around a curved stair case, ceiling fans, (3) fireplaces, one double sided fireplace off the kitchen, private movie theatre + screen and projector, full bar area with sink, recessed lighting, walk in closet with elegant shelving system, contemporary bathrooms and appliances, master bathroom has huge soaking tub, skylight, and multiple balconies to enjoy the OCEAN & COASTLINE VIEWS. The exterior of the property includes a spacious driveway leading to a double garage and grand entrance to French entry doors. Enjoy a large backyard with privacy and fun. Experience the built in BBQ area, built in deck overlooking the pool, putting green, playground (swing sets, slide and club house) and spectacular views. PV School system, golf courses, and beautiful ocean trails mere minutes away from this exceptional home and property.

Last Agent to Rent the Property

Scott Colette

Harbor Real Estate Group License #01315994 Listed on: 12/30/2022

Last Renter's Agent

Janet Stearns

Compass License #01851243

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,022

Year Built

  • Built in 1975

Lot Details

  • 0.3 Acre Lot
  • Property is zoned PVR1*

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,583 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Recessed Lighting
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $13,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 1/3/23
  • Legal Lot and Block 7 / 1490
  • Tax Tract Number 6889
  • Assessor Parcel Number 7543006031

Community Details

Overview

  • No Home Owners Association
  • Association Phone (310) 831-0123

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,022

Year Built

Built in 1975

Lot Details

0

Parking

4

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2023-01-03
  • Credit Check: Yes
  • Credit Check Paid By: Owner
  • Deposit Security: 13000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7543006031
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4583.00 Square Feet
  • Interior Amenities: Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Family Room, Kitchen
  • Levels: Three Or More
  • Price Per Square Foot: 2.62
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Bedroom
  • Bathroom Features: Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen, Stone Counters, Walk-In Pantry

Exterior Features

  • View: Catalina, Ocean
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Sauna, Barbecue
  • Phone: 3108310123
  • Senior Community: No
  • Community Features: Curbs, Hiking, Sidewalks, Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12850.00
  • Lot Size Acres: 0.2950

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 12850.0000 Square Feet
  • Management Co: Harbor Property Management
  • Management Co Phone: 3108310123
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Block: 1490
  • Tax Census Tract: 6703.26
  • Tax Lot: 7
  • Tax Tract Number: 6889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 8, 2021
Sold by
Jia Enzuo and He Zhuoyu
Bought by
Hengrunda Llc
Seller's Agent
Karen Lucas
Estate Properties
Buyer's Agent
George Chou
Presidential Incorporated
List Price
$3,199,000
Sold Price
$3,250,000
Premium/Discount to List
$51,000
1.59%
Current Estimated Value
$4,076,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826,167
Avg. Annual Appreciation
4.98%

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 14, 2021
Sold by
Desai Ankur Vikram and Desai Carolyn Heiser
Bought by
Jia Euzuo and He Zhuoyu
Seller's Agent
Karen Lucas
Estate Properties
Buyer's Agent
George Chou
Presidential Incorporated
List Price
$3,199,000
Sold Price
$3,250,000
Premium/Discount to List
$51,000
1.59%

Purchase Details

Closed on
Jul 23, 2020
Sold by
Desai Ankur Vikram and Desai Carolyn Heiser
Bought by
Desai Ankur Vikram and Desai Carolyn Heiser

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 8, 2016
Sold by
Choi Hyung Gab and Kim Hyeon Yang
Bought by
Desai Ankur Vikram and Desai Carolyn Heiser
Seller's Agent
Ben Hur
Apex Realty Group
Buyer's Agent
Norman Lucas
List Price
$2,499,000
Sold Price
$2,310,000
Premium/Discount to List
-$189,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,848,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2008
Sold by
Choi Hyung Gab and Kim Hyeon Yang
Bought by
Choi Hyung Gab and Kim Hyeon Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2006
Sold by
Kim Hyeon Yang and Kim Hyeon Y
Bought by
Kim Hyeon Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 27, 2005
Sold by
Choi Hyung Gab
Bought by
Kim Hyeon Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,500
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Schmidt Sabine
Bought by
Kim Hyeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,500
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2001
Sold by
Schmidt Daniel William
Bought by
Schmidt Sabine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.75%

Purchase Details

Closed on
Nov 20, 2001
Sold by
Yu Kunchoon and Yu Deanna K
Bought by
Schmidt Sabine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.75%

Purchase Details

Closed on
Nov 6, 1995
Sold by
Yu Kunchoon and Yu Deanna K
Bought by
Yu Kunchoon and Yu Deanna K

Purchase Details

Closed on
Dec 15, 1993
Sold by
Yu Kunchoon and Yu Deanna K
Bought by
Yu Kunchoon and Yu Deanna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.38%
Source: Public Records

Range of Values:

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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
Hengrunda Llc -- Accommodation
Jia Euzuo $3,250,000 Progressive Title
Desai Ankur Vikram -- None Available
Desai Ankur Vikram $2,310,000 Old Republic Title
Choi Hyung Gab -- None Available
Choi Hyung Gab -- None Available
Kim Hyeon Yang -- Chicago Title Co
Kim Hyeon Y -- Chicago Title Co
Kim Hyeon Yang -- --
Kim Hyeon $1,690,000 Equity Title Company
Schmidt Sabine -- Equity Title
Schmidt Sabine $824,000 Equity Title
Yu Kunchoon -- First American
Yu Kunchoon -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Ankur Vikram $1,848,000
Previous Owner Choi Hyung Gab $55,000
Previous Owner Kim Hyeon Y $330,000
Previous Owner Kim Hyeon Yang $1,290,000
Previous Owner Kim Hyeon $1,098,500
Previous Owner Schmidt Sabine $250,000
Previous Owner Schmidt Sabine $550,000
Previous Owner Schmidt Sabine $650,000
Previous Owner Yu Kunchoon $200,000
Closed Kim Hyeon $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Rented $12,000 -7.7% --
01/12/2023 01/12/23 For Rent $13,000 0.0% --
01/11/2023 01/11/23 Off Market $13,000 -- --
12/30/2022 12/30/22 For Rent $13,000 0.0% --
09/21/2021 09/21/21 Sold $3,250,000 +1.6% $709 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $3,199,000 +38.5% $698 / Sq Ft
07/12/2016 07/12/16 Sold $2,310,000 -1.7% $527 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $2,350,000 -6.0% $536 / Sq Ft
04/25/2016 04/25/16 For Sale $2,499,000 -- $570 / Sq Ft
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 $39,022 $3,448,924 $2,448,524 $1,000,400
2024 $39,022 $3,381,299 $2,400,514 $980,785
2023 $38,406 $3,315,000 $2,353,446 $961,554
2022 $36,492 $3,250,000 $2,307,300 $942,700
2021 $28,869 $2,476,783 $1,838,717 $638,066
2020 $28,487 $2,451,388 $1,819,864 $631,524
2019 $27,649 $2,403,323 $1,784,181 $619,142
2018 $27,447 $2,356,200 $1,749,198 $607,002
2016 $24,714 $2,138,641 $1,591,973 $546,668
2015 $24,457 $2,106,518 $1,568,061 $538,457
2014 $23,261 $1,988,000 $1,590,900 $397,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22261080

California Regional Multiple Listing Service (CRMLS)

APN: 7543-006-031