NOT LISTED FOR SALE

Estimated Value: $4,394,000 - $5,144,000

4 Beds
4.5 Baths
4,779 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold March 12, 2015

Last sale price $2,328,290 $487 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $28,433/month

13 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Vista Grande Elementary Rated A+
  • In Ground Pool
  • Dumbwaiter

About This Home

As of March 2015

Sweeping views of the Ocean and Catalina from most rooms, Mediterranean style mini-estate in upper Launada Bay, very light and bright, vaulted ceiling and excellent floor plan, new interior and exterior paint, walled and gated for privacy, nice flat backyard with pool and spa and grassy area, Modern big kitchen with built in refrigerator and dumb waiter from garage, living room overlooks the sunset every day, master bedroom with small office area, downstairs 3 bedrooms plus huge family and library area w/built-in bookcase, extra room for wine cellar and built-in computer desk, it is the beautiful ocean view property for your buyer looking for with the best asking price

Last Agent to Sell the Property

Diana Lee

Home Team Realty License #00990486 Listed on: 01/18/2015

Home Team Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,538

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Fence is in average condition
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 4,779 Sq Ft Home
  • Cathedral Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Dumbwaiter
  • Gas Range
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 025
  • Tax Tract Number 27438
  • Assessor Parcel Number 7543048025

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,538

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543048025
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4779.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Dumbwaiter, Living Room Balcony, Pantry
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 487.19
  • Room Type: Family Room, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Wine Cellar
  • Spa Features: In Ground, Private
  • Window Features: Blinds, Custom Covering, Drapes, Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Trash Compactor, Warming Drawer
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes / LAUSD – inquire

Lot Info

  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 15557.00
  • Lot Size Acres: 0.3570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15557.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 025
  • Tax Tract Number: 27438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2015
Closed on
Mar 6, 2015
Sold by
Ko Staria
Bought by
Tang Chris and Tan Vivian
Seller's Agent
Diana Lee
Home Team Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,789,000
Sold Price
$2,328,290
Premium/Discount to List
-$460,710
-16.52%
Current Estimated Value
$4,788,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,460,293
Avg. Annual Appreciation
7.01%
Original Mortgage
$620,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2015
Closed on
Mar 5, 2015
Sold by
Tang Chris
Bought by
Tang Chris Wei Chung
Seller's Agent
Diana Lee
Home Team Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,789,000
Sold Price
$2,328,290
Premium/Discount to List
-$460,710
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Ko Denny Ru Sue
Bought by
Ko Denny R S and Ko Starla

Purchase Details

Closed on
Jun 1, 2000
Sold by
Family Trust Smith, Thomas L And Linda J Trs
Bought by
Ko Denny Ru Sue and Ko Starla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 1998
Sold by
Smith Thomas L
Bought by
Smith Thomas Leroy and Smith Linda Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1998
Sold by
Shih Richard G And Lynn Trs Shih Trust
Bought by
Smith Thomas L and Smith Linda Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1994
Sold by
Shih Richard Gin
Bought by
Shih Richard Gin and Shih Lynn
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
Tang Chris $2,328,500 Wfg Title Company
Tang Chris Wei Chung -- Wfg Title Company
Ko Denny R S -- --
Ko Denny Ru Sue $1,777,500 Progressive Title Company
Smith Thomas Leroy -- --
Smith Thomas L $1,700,000 Investors Title Company
Shih Richard Gin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Chris $620,000
Previous Owner Ko Denny Ru Sue $900,000
Previous Owner Smith Thomas L $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2015 03/12/15 Sold $2,328,290 -16.5% $487 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $2,789,000 -- $584 / 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 $36,538 $3,201,793 $2,076,794 $1,124,999
2024 $36,538 $3,139,014 $2,036,073 $1,102,941
2023 $35,958 $3,077,465 $1,996,150 $1,081,315
2022 $30,129 $2,636,525 $1,957,010 $679,515
2021 $30,107 $2,584,830 $1,918,638 $666,192
2020 $29,708 $2,558,327 $1,898,965 $659,362
2019 $28,835 $2,508,165 $1,861,731 $646,434
2018 $28,616 $2,458,986 $1,825,227 $633,759
2016 $27,156 $2,363,502 $1,754,352 $609,150
2015 $25,811 $2,228,581 $1,253,773 $974,808
2014 $25,423 $2,184,927 $1,229,214 $955,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15011772

California Regional Multiple Listing Service (CRMLS)

APN: 7543-048-025