NOT LISTED FOR SALE

1416 Granvia Altamira Palos Verdes Estates, CA 90274

Estimated Value: $3,728,000 - $4,024,000

5 Beds
5 Baths
4,465 Sq Ft
$867/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $2,370,000 $531 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $23,600/month

226 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2019

An entertainer's paradise in scenic Palos Verdes Estates, this stunning home has all the grandeur expected from a California dream home! The 19,190 sq ft lot features a spacious 4,465 sq ft home with seamless connections to expansive outdoor spaces. Just minutes from award-winning schools, top-rated restaurants & the beach. The landscaped front yard and walkway lead up to the home and the inviting, skylighted foyer. The grand living room and separate family room offer plenty of space to enjoy gatherings. The bar nearby is equipped with a wine refrigerator. Host dinners in the formal dining room with convenient warming drawers & patio doors that welcome in the fresh ocean air. The adjoining kitchen features stunning wood/tile inlay flooring, a 6-burner stove, double oven & island with prep sink. Off of the kitchen is the sunroom/breakfast nook with window-lined walls & vaulted wood plank ceiling. Three bedrooms downstairs are versatile and perfect for growing children, guest quarters or conversion to an office or in-home gym. Upstairs is an additional bedroom, currently used as an office and the master suite with a private fireplace and walk-out to the pool. The master bath boasts gorgeous marble flooring, jacuzzi tub, walk-in shower and vanity. All family and dining rooms open to the tiered backyard, giving excellent flow for entertaining. The sparkling pool, spa, outdoor kitchen(incl. grill & prep sink), firepit and lush landscaping complete this spectacular property.

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 10/24/2018

eXp Realty of California, Inc

Last Buyer's Agent

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 10/24/2018

eXp Realty of California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,005

Year Built

  • Built in 1957

Lot Details

  • 0.44 Acre Lot
  • Landscaped
  • Irregular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Driveway Up Slope From Street

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,465 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Two Way Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Pool

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

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • Solar Power System
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 7112
  • Assessor Parcel Number 7545021005

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,005

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545021005
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4465.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas, Fire Pit, Two Way
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 530.80
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Sun, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Tile Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Tile Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Patio And Porch Features: Brick, Concrete, Patio
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Driveway Up Slope From Street, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Range Hood, Refrigerator, Warming Drawer, Water Purifier
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Irregular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 19129.00
  • Lot Size Acres: 0.4391

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19129.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 5
  • Tax Tract Number: 7112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jul 16, 2019
Sold by
August Lawrence N and August Marcia Lynn
Bought by
Zhang William and Zhang Ida
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$2,995,000
Sold Price
$2,370,000
Premium/Discount to List
-$625,000
-20.87%
Current Estimated Value
$3,872,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,502,614
Avg. Annual Appreciation
7.96%
Original Mortgage
$1,896,000
Outstanding Balance
$1,664,141
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,091,067

Purchase Details

Closed on
May 12, 2006
Sold by
August Lawrence N and August Marcia Lynn
Bought by
August Lawrence N and August Marcia Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2006
Sold by
August Lawrence N and August Marcia Lynn
Bought by
August Lawrence N and August Marcia Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
August Lawrence N and August Marcia L
Bought by
August Lawrence N and August Marcia Lynn

Purchase Details

Closed on
Jun 24, 2003
Sold by
August Lawrence N and August Marcia L
Bought by
August Lawrence N and August Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2003
Sold by
August Lawrence N and August Marcia L
Bought by
August Lawrence N and August Marcia L

Purchase Details

Closed on
Nov 26, 2002
Sold by
August Lawrence N and August Marcia L
Bought by
August Lawrence N and August Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,000
Interest Rate
6.12%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Nocco Brian W and Nocco Julie A
Bought by
August Lawrence N and August Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Boyd Michael R and Boyd Brier S
Bought by
Nocco Brian W and Nocco Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.5%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Collier William H and Collier Cynthia M
Bought by
Boyd Michael R and Boyd Brier S
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
Zhang William $2,370,000 Lawyers Title Company
August Lawrence N -- Progressive Title Company
August Lawrence N -- Progressive Title Company
August Lawrence N -- Fidelity National Title Co
August Lawrence N -- Fidelity
August Lawrence N -- --
August Lawrence N -- --
August Lawrence N $1,500,000 Progressive Title Company
Nocco Brian W $1,498,000 Progressive Title Company
Boyd Michael R $1,150,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang William $582,000
Open Zhang William $1,896,000
Previous Owner August Lawrence N $935,000
Previous Owner August Lawrence N $994,000
Previous Owner August Lawrence N $1,000,000
Previous Owner August Lawrence N $100,000
Previous Owner August Lawrence N $1,006,984
Previous Owner August Lawrence N $999,999
Previous Owner August Lawrence N $500,000
Previous Owner August Lawrence N $878,000
Previous Owner August Lawrence N $450,000
Previous Owner August Lawrence N $881,000
Previous Owner August Lawrence N $890,000
Previous Owner August Lawrence N $900,000
Previous Owner Nocco Brian W $600,000
Closed August Lawrence N $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $2,370,000 -8.5% $531 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $2,590,000 -7.3% $580 / Sq Ft
02/18/2019 02/18/19 Price Changed $2,795,000 -6.7% $626 / Sq Ft
11/26/2018 11/26/18 For Sale $2,995,000 -- $671 / 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 $30,005 $2,591,937 $1,717,022 $874,915
2024 $30,005 $2,541,115 $1,683,355 $857,760
2023 $29,515 $2,491,291 $1,650,349 $840,942
2022 $28,070 $2,442,443 $1,617,990 $824,453
2021 $28,053 $2,394,553 $1,586,265 $808,288
2019 $24,091 $2,066,720 $1,231,354 $835,366
2018 $23,891 $2,026,197 $1,207,210 $818,987
2016 $22,664 $1,947,520 $1,160,334 $787,186
2015 $22,426 $1,918,267 $1,142,905 $775,362
2014 $22,093 $1,880,692 $1,120,518 $760,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18279498

California Regional Multiple Listing Service (CRMLS)

APN: 7545-021-005