NOT LISTED FOR SALE

1414 Paseo la Cresta Palos Verdes Estates, CA 90274

Estimated Value: $7,753,000 - $10,160,996

7 Beds
9 Baths
9,851 Sq Ft
$909/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $8,000,000 $812 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $56,121/month

47 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Two Primary Bedrooms
  • Montemalaga Elementary School Rated A+
  • Heated In Ground Pool
  • 42,603 Sq Ft lot

About This Home

As of June 2018

Up a long and circular driveway is where you will find “Versailles on the Hill”, this landmark estate on a spacious appx. 1-acre lot was designed to feel like you are “10 miles West of Versailles”. The recently redecorated interior of this nearly 10,000 square foot residence blends visionary design, bespoke attention to detail, and contemporary elegance, truly bright and open!! In addition to 7 BR and 11 BA, there are a grand formal living room and family room with 2-story ceilings, spacious dining area, state of the art chef’s French country Kitchen includes large 6” solid Maple Butcher Block island and Wolf and Subzero appliances, hidden study and gym, wine cellar, movie theater, game room pub and library. The open floor plan allows the main living areas to capture breathtaking views of the ocean, city, sunset and tranquil picturesque landscaped views. Outstanding amenities include a master retreat with a luxurious spa-like bathroom, 7 fireplaces, 10 chandeliers in superior quality and style, about 50 sconces/post lights in/outdoors, beautiful custom cabinetry, sparkling pool & spa, and a full built-in outdoor BBQ kitchen. Despite its scale and grandeur, the home remains warm and inviting, making it a unique retreat for intimate family life that is also appropriate for large-scale entertaining. This is a rare property that will satisfy the discerning buyer. Can never be duplicated at this price!

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 02/24/2018

Last Buyer's Agent

Lily Liang

Strand Hill Properties License #00837794 Listed on: 02/24/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,683

Year Built

  • Built in 1984

Lot Details

  • 0.98 Acre Lot
  • Rural Setting
  • Sprinkler System
  • Private Yard
  • Back Yard
  • Property is zoned PVR1YY

Parking

  • 3 Car Garage
  • Parking Available
  • Side Facing Garage
  • Circular Driveway
  • Auto Driveway Gate
  • Driveway Up Slope From Street
  • Parking Lot

Property Views

  • Ocean
  • City Lights
  • Pasture
  • Hills

Interior Spaces

  • 9,851 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Game Room with Fireplace
  • Bonus Room
  • Home Gym
  • Center Hall
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 9 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8043
  • Assessor Parcel Number 7544015004

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,683

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7544015004
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9851.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 9
  • Full And Three Quarter Bathrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: Dining Room, Family Room, Game Room, Library, Living Room, Master Bedroom, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 812.10
  • Room Type: Bonus Room, Center Hall, Den, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Great Room, Home Theatre, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Office, Retreat, Separate Family Room, Two Masters
  • Spa Features: Heated, In Ground

Exterior Features

  • View: City Lights, Hills, Ocean, Pasture
  • Pool Features: Private, In Ground, Heated, Gas Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Circular Driveway, Paved, Driveway Up Slope From Street, Garage Faces Side, Parking Space
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot Over 40000 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 42603.00

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: 4
  • Tax Tract Number: 8043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Apr 23, 2018
Sold by
Bruni Harry W and Bruni Sylvia P
Bought by
Gawk Capital Llc
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Lily Liang
Strand Hill Properties
List Price
$8,399,000
Sold Price
$8,000,000
Premium/Discount to List
-$399,000
-4.75%
Current Estimated Value
$8,958,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,665
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Apr 11, 2011
Sold by
Bruni Harry W and Bruni Sylvia P
Bought by
Bruni Harry W and Bruni Sylvia P

Purchase Details

Closed on
Aug 8, 2000
Sold by
Oliver Dale H
Bought by
Bruni Harry W and Bruni Sylvia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,907,500
Interest Rate
8.01%
Mortgage Type
Unknown
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
Gawk Capital Llc $8,000,000 Old Republic Title Company
Bruni Harry W -- None Available
Bruni Harry W $2,725,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gawk Capital Llc $3,600,000
Previous Owner Bruni Harry W $500,000
Previous Owner Bruni Harry W $1,000,000
Previous Owner Bruni Harry W $1,936,000
Previous Owner Bruni Harry W $1,907,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold $8,000,000 -4.8% $812 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $8,399,000 -- $853 / 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 $100,683 $9,102,632 $6,826,975 $2,275,657
2024 $100,683 $8,924,150 $6,693,113 $2,231,037
2023 $99,294 $8,749,168 $6,561,876 $2,187,292
2022 $94,225 $8,577,616 $6,433,212 $2,144,404
2021 $94,112 $8,409,428 $6,307,071 $2,102,357
2020 $92,849 $8,323,200 $6,242,400 $2,080,800
2019 $90,024 $8,160,000 $6,120,000 $2,040,000
2018 $54,518 $4,742,246 $1,986,481 $2,755,765
2016 $51,732 $4,558,101 $1,909,345 $2,648,756
2015 $51,200 $4,489,635 $1,880,665 $2,608,970
2014 $50,428 $4,401,690 $1,843,826 $2,557,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18042648

California Regional Multiple Listing Service (CRMLS)

APN: 7544-015-004