NOT LISTED FOR SALE

Estimated Value: $3,857,000 - $4,388,000

6 Beds
7 Baths
4,530 Sq Ft
$896/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $2,435,000 $538 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $25,376/month

155 Days on Market

Highlights

  • Ocean View
  • Dance Studio
  • Heated In Ground Pool
  • Vista Grande Elementary Rated A+
  • Home Theater
  • Sauna

About This Home

As of December 2018

Breathtaking Unobstructable, Panoramic Ocean Views from almost every room. Located in Palos Verdes Estates in Upper Lunada Bay is this 6 bedroom/7 bath home over 4,500 sq. ft. The walled and gated courtyard entry includes pool, spa, and patio with fire pit. Walk in the front door and the first thing you see is the panoramic view of the ocean, coastline and city of Palos Verdes Estates. The entry level has living room, family room, dining room, and kitchen with breakfast nook. The lower level has all the bedrooms, including the master suite with large balcony, a media room, and a dance/workout room. The seller added over 800 sq. ft. of living area, permitted a previous room addition, and added garage space. Seller invested $500,000 in property since they purchased the property.

Last Agent to Sell the Property

Cindy Chew

Estate Properties License #00868304 Listed on: 05/17/2018

Estate Properties

Last Buyer's Agent

Wendy Sun

Estate Properties License #01729186

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,980

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 4,530 Sq Ft Home
  • Dual Staircase
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Window Screens
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Dance Studio
  • Storage
  • Laundry Room
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 7 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 27438
  • Assessor Parcel Number 7543048022

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,980

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543048022
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4530.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 537.53
  • Room Type: All Bedrooms Down, Dance Studio, Family Room, Home Theatre, Jack & Jill, Kitchen, Laundry, Living Room, Sauna, Walk-In Closet
  • Spa Features: Private, In Ground
  • Window Features: Screens, Skylight(s)
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Remodeled
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Lighting
  • View: City Lights, Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Water Heater
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17491.00
  • Lot Size Acres: 0.4015

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17491.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 69
  • Tax Tract Number: 27438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Oct 24, 2018
Sold by
Zhou Chuanjie
Bought by
Cole Steven Walter and Ngok Frances Karbell
Seller's Agent
Cindy Chew
Estate Properties
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$2,899,000
Sold Price
$2,435,000
Premium/Discount to List
-$464,000
-16.01%
Total Days on Market
155
Current Estimated Value
$4,060,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,625,578
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Jan 28, 2016
Sold by
Zhou Chuanjie
Bought by
Zhou Chuanjie

Purchase Details

Closed on
Apr 13, 2015
Sold by
Lyer Baskaran and Jairam Mahalakshmi
Bought by
Zhou Chuanjie

Purchase Details

Closed on
May 20, 2005
Sold by
Chang Shun Li and Chang Helen Wei Chun
Bought by
Iyer Baskaran and Jairam Mahalakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,704,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cole Steven Walter $2,435,000 Progressive Title Company
Zhou Chuanjie -- None Available
Zhou Chuanjie $2,325,000 Lawyers Title Company
Iyer Baskaran $2,130,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iyer Baskaran $712,000
Previous Owner Iyer Baskaran $729,000
Previous Owner Iyer Baskaran $1,704,000
Previous Owner Chang Shun Li $250,000
Previous Owner Chang Shun Li $508,000
Previous Owner Chang Shun Li $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $2,435,000 -6.3% $538 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/21/2018 07/21/18 Price Changed $2,599,000 -7.1% $574 / Sq Ft
06/29/2018 06/29/18 Price Changed $2,799,000 -3.4% $618 / Sq Ft
05/17/2018 05/17/18 For Sale $2,899,000 +24.7% $640 / Sq Ft
07/14/2015 07/14/15 Sold $2,325,000 +1.1% $620 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $2,299,000 0.0% $613 / Sq Ft
02/22/2012 02/22/12 Rented $5,500 0.0% --
02/10/2012 02/10/12 Under Contract -- -- --
10/25/2011 10/25/11 For Rent $5,500 -- --
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 $30,980 $2,663,024 $1,531,102 $1,131,922
2023 $30,471 $2,610,809 $1,501,081 $1,109,728
2022 $28,960 $2,559,618 $1,471,649 $1,087,969
2021 $28,886 $2,509,431 $1,442,794 $1,066,637
2020 $28,499 $2,483,700 $1,428,000 $1,055,700
2019 $27,652 $2,435,000 $1,400,000 $1,035,000
2018 $27,908 $2,418,930 $1,872,720 $546,210
2016 $26,505 $2,325,000 $1,800,000 $525,000
2015 $25,099 $2,184,000 $1,728,000 $456,000
2014 $23,490 $2,026,000 $1,603,000 $423,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18116012

California Regional Multiple Listing Service (CRMLS)

APN: 7543-048-022