NOT LISTED FOR SALE

Estimated Value: $6,134,453 - $8,489,000

6 Beds
5 Baths
5,907 Sq Ft
$1,171/Sq Ft Est. Value

Last Sold February 02, 2016

Last sale price $4,350,000 $736 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $43,718/month

95 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • Filtered Pool
  • 5-minute walk to Coronel Plaza

About This Home

As of February 2016

Ocean View Tennis Estate on over 1 acre of usable land in Monte Malaga and sweeping views of the Pacific Ocean, Santa Monica Bay and city lights of Los Angeles. A large circular driveway leads you to a nearly 6,000 square feet of open entertaining floor plan with 5+ bedrooms , 4 bathrooms mostly on one level. Great outdoor space includes North South Tennis court, Pool and spa and abundance of open space. Vaulted ceilings, 3 fireplaces and open kitchen to family room make for a comfortable setting. Huge master suite is the only room upstairs and features his and hers bathroom, large viewing balcony and fireplace. This is truly a one of a kind estate in the heart of Palos Verdes Estates.

Last Agent to Sell the Property

James Sanders

Estate Properties License #01050989 Listed on: 09/07/2015

Estate Properties

Last Buyer's Agent

Rod Yoon

Keller Williams Palos Verdes License #01252289

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,728

Year Built

  • Built in 1977

Lot Details

  • 1.12 Acre Lot
  • Wrought Iron Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Circular Driveway

Property Views

  • Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Cosmetic Repairs Needed
  • Combination Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 5,907 Sq Ft Home
  • Cathedral Ceiling
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 5 Full Bathrooms

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Concrete Porch or Patio
  • Outdoor Grill

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Tax Tract Number 8043
  • Assessor Parcel Number 7544022005

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,728

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Asst
  • Other Phone Number: 310-802-2285
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Monte Malaga
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7544022005
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5907.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s)
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 736.41
  • Room Type: Family Room, Formal Entry, Living Room, Master Suite
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Combination
  • Other Structures: Tennis Court Private
  • Exterior Features: Barbecue Private
  • View: Bay, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Filtered, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Gas Water Heater, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lot Over 40000 Sqft, Paved, Corner Lot
  • Lot Size Sq Ft: 48979.00
  • Price Per Lot Square Foot: 88.81
  • Lot Size Acres: 1.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 48979.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Block: 4
  • Tax Lot: 5
  • Tax Tract Number: 8043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2015
Sold by
Silvestre Mario S
Bought by
Ys Kimson Trust
Total Days on Market
95
Current Estimated Value
$6,916,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2002
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
Silvestre Mario S

Purchase Details

Closed on
Sep 5, 2002
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
Silvestre Mario S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Interest Rate
5%

Purchase Details

Closed on
Oct 10, 2001
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
Silvestre Mario S

Purchase Details

Closed on
Jul 20, 2001
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
Silvestre Mario S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
6.9%

Purchase Details

Closed on
Jun 30, 1997
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
Silvestre Mario S

Purchase Details

Closed on
Dec 20, 1994
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
The Coastline Family Ltd Partnership

Purchase Details

Closed on
Jun 3, 1994
Sold by
Silvestre Mario S and Silvestre Dora Garcia
Bought by
The Silvestre Family Ltd Partnership

Purchase Details

Closed on
Nov 23, 1993
Sold by
Silvestre Mario S and Silvestre Dora G
Bought by
Silvestre Mario S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.09%
Source: Public Records

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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
Ys Kimson Trust $4,350,000 Progressive Title Company
Silvestre Mario S -- --
Silvestre Mario S -- Ticor Title
Silvestre Mario S -- --
Silvestre Mario S -- Stewart Title
Silvestre Mario S -- --
Silvestre Mario S -- --
The Coastline Family Ltd Partnership -- --
The Silvestre Family Ltd Partnership -- --
Silvestre Mario S -- Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ys Kimson Trust $3,000,000
Previous Owner Silvestre Mario S $915,000
Previous Owner Silvestre Mario $695,000
Previous Owner Silvestre Mario $707,000
Previous Owner Silvestre Mario $723,000
Previous Owner Silvestre Mario $350,000
Previous Owner Silvestre Mario S $250,000
Previous Owner Silvestre Mario S $777,000
Previous Owner Silvestre Mario S $802,000
Previous Owner Silvestre Mario S $808,000
Previous Owner Silvestre Mario S $73,500
Previous Owner Silvestre Mario S $150,000
Previous Owner Silvestre Mario S $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2016 02/02/16 Sold $4,350,000 -13.0% $736 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $4,999,000 -- $846 / 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
2024 $58,728 $5,118,665 $3,957,595 $1,161,070
2023 $57,855 $5,018,300 $3,879,996 $1,138,304
2022 $54,967 $4,919,903 $3,803,918 $1,115,985
2021 $54,919 $4,823,435 $3,729,332 $1,094,103
2019 $51,888 $4,616,254 $3,618,719 $997,535
2018 $51,185 $4,525,740 $3,547,764 $977,976
2016 $10,273 $741,565 $128,946 $612,619
2015 $10,154 $730,427 $127,010 $603,417
2014 $9,636 $716,120 $124,523 $591,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15197898

California Regional Multiple Listing Service (CRMLS)

APN: 7544-022-005