$4,757,000
SOLD FEB 2, 2018
5 Beds
7 Baths
6,258 Sq Ft
0.68 Acres

Recently Sold

$760 Per Sq Ft

126 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 29,673 Sq Ft lot
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of February 2018

Spectacular lot in PVE with resort-like grounds. Custom Colonial architecture design exudes elegance and charm. Property has been extensively remodeled, most recently in 2013. Ocean and coastline view. Inviting courtyard entrance with water fountain, grand foyer with a Bohemian Crystal Chandelier, 8” wide walnut wood floors in most rooms, Enkeboll Design staircase banisters and molding in entry, formal living and dining rooms overlooking the view of backyard and ocean. Chef’s dream kitchen with Wolf professional range and top-of-the-line stainless steel appliances. Luxurious and private master suite wing has an intimate sitting area with fireplace, and breathtaking view of the garden and ocean. Two family rooms for family living and entertaining. Lush, landscaped backyard with expansive grounds epitomizes tranquility. Features a brick patio with open-beam portico eating area, wood-burning fireplace, copper-roofed gazebo, fountains, and peaceful walking path. The pool, spa, and BBQ area with gas and wood-burning grills are perfect for family fun and entertaining.One of the most unique lots in PVE. Absolute Privacy and Truly Estate-like Grounds.Palos Verdes Estates Lifestyle At Its Best!

Last Agent to Sell the Property

Wendy Sun

Estate Properties License #01729186 Listed on: 08/07/2017

Estate Properties

Last Buyer's Agent

Helen Qi

West Shores Realty, Inc. License #01926488

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,377

Year Built

  • Built in 1970

Lot Details

  • 0.68 Acre Lot
  • Property is zoned PVR1YY

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 6,258 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Additional Features

  • In Ground Pool
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 8043
  • Assessor Parcel Number 7544022007

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,377

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7544022007
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6258.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 760.15
  • Room Type: Family Room, Formal Entry, Kitchen, Library, Living Room, Master Suite

Exterior Features

  • View: Coastline, 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
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29673.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 7
  • Tax Tract Number: 8043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Dec 12, 2017
Sold by
Rossi Albert and Rossi Nancy Webster
Bought by
Wang Wei and Zhou Leting
Seller's Agent
Wendy Sun
Estate Properties
Buyer's Agent
Helen Qi
West Shores Realty, Inc.
Sold Price
$4,757,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$3,000,000
Interest Rate
3.48%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2001
Sold by
Rossi Albert and Rossi Nancy Webster
Bought by
Rossi Albert and Rossi Nancy Webster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,900
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Rossi Albert and Rossi Nancy
Bought by
Rossi Albert and Rossi Nancy Webster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,900
Interest Rate
6.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 1998
Sold by
Humphrey David
Bought by
Rossi Albert and Rossi Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 1997
Sold by
Humphrey David
Bought by
Humphrey David V and Humphrey Rosemary
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,757,000 Wfg National Title Company
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed $2,185,000 First American
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,450,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,950,000 Stand Alone First
Previous Owner $1,950,000 Stand Alone First
Previous Owner $1,100,000 Unknown
Previous Owner $650,000 Unknown
Previous Owner $750,000 Credit Line Revolving
Previous Owner $699,900 Purchase Money Mortgage
Previous Owner $699,900 Unknown
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $6,450,000 0.0% $1,031 / Sq Ft
07/15/2025 07/15/25 For Rent $16,500 0.0% --
02/02/2018 02/02/18 Sold $4,757,000 -- $760 / 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 $60,377 $5,412,650 $3,832,662 $1,579,988
2024 $60,377 $5,306,520 $3,757,512 $1,549,008
2023 $59,475 $5,202,472 $3,683,836 $1,518,636
2022 $56,483 $5,100,463 $3,611,604 $1,488,859
2021 $56,430 $5,000,455 $3,540,789 $1,459,666
2020 $55,674 $4,949,182 $3,504,483 $1,444,699
2019 $54,034 $4,852,140 $3,435,768 $1,416,372
2018 $35,864 $3,099,280 $1,612,600 $1,486,680
2016 $34,033 $2,978,933 $1,549,982 $1,428,951
2015 $33,680 $2,934,187 $1,526,700 $1,407,487
2014 $33,093 $2,876,712 $1,496,795 $1,379,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17174112

California Regional Multiple Listing Service (CRMLS)

APN: 7544-022-007