NOT LISTED FOR SALE

1424 Granvia Altamira Palos Verdes Estates, CA 90274

Estimated Value: $4,204,008 - $5,988,000

4 Beds
3.5 Baths
4,500 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $3,400,000 $756 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $29,318/month

13 Days on Market

Highlights

  • Community Stables
  • Art Studio
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • Heated Spa
  • All Bedrooms Downstairs

About This Home

As of May 2017

Private and secluded, this gorgeous ONE-LEVEL home sits above the street, at the top of a long, dramatic driveway. Expanded and remodeled, this custom designed home offers a spacious floor plan with vaulted ceilings and large rooms. Stone & hardwood floors, and metal windows accentuate the charm and character throughout. The beautiful kitchen is highlighted by custom cabinetry and marble counters, and is adjacent to the spacious formal dining room. There are three large bedrooms in the main house plus an office, and an attached "Casita" with private bath which makes the perfect guest suite. Lushly landscaped throughout, including a serene water feature and a separate, secluded spa. Five fireplaces! (including two outdoors) Escape to this private oasis of a home.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 02/27/2017

Vista Sotheby's International Realty

Last Buyer's Agent

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 02/27/2017

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,288

Year Built

  • Built in 1958

Lot Details

  • 0.43 Acre Lot
  • Secluded Lot
  • Level Lot
  • Property is zoned PVR1*

Parking

  • 2 Car Garage

Property Views

  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 4,500 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Game Room
  • Art Studio
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 5 Main Level Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Maid or Guest Quarters

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Fireplace in Patio
  • Stone Porch or Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7538
  • Assessor Parcel Number 7545021007

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,288

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545021007
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4500.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Outside, Patio
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 755.56
  • Room Type: All Bedrooms Down, Art Studio, Bonus Room, Den, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters
  • Spa Features: Heated, In Ground

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Peek-A-Boo
  • Patio And Porch Features: Patio, Stone
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s)

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Secluded
  • Lot Size Sq Ft: 18678.00

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: 7538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2017
Sold by
Westphal Paul D and Westphal Cindy
Bought by
Babbe David B and Babbe Eda R
Current Estimated Value
$4,703,252

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
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2007
Sold by
Westphal Paul and Westphal Cindy
Bought by
Westphal Paul D and Westphal Cindy

Purchase Details

Closed on
Jul 18, 2006
Sold by
Berrington John and Berrington Lani
Bought by
Westphal Paul and Westphal Cindy

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
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Warden Newlin M and Warden Kimiko G
Bought by
Warden Newlin and Warden Kimiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Berrington John K and Berrington Lani K
Bought by
Berrington John K and Berrington Lani K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1995
Sold by
Warden Sumiko Nakagawa
Bought by
Warden Sumiko N
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
Babbe David B $3,400,000 Lawyers Title Company
Westphal Paul D -- None Available
Westphal Paul $2,199,000 Progressive Title Company
Warden Newlin -- --
Berrington John K $1,490,000 --
Berrington John K $1,490,000 Equity Title
Warden Sumiko N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babbe David B $600,000
Previous Owner Westphal Paul $1,500,000
Previous Owner Berrington John K $250,000
Previous Owner Warden Sumiko N $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $3,400,000 -2.8% $756 / Sq Ft
03/12/2017 03/12/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $3,499,000 -- $778 / 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 $44,288 $3,945,987 $2,495,257 $1,450,730
2024 $44,288 $3,868,616 $2,446,331 $1,422,285
2023 $43,599 $3,792,762 $2,398,364 $1,394,398
2022 $41,415 $3,718,395 $2,351,338 $1,367,057
2021 $41,388 $3,645,486 $2,305,234 $1,340,252
2020 $40,833 $3,608,107 $2,281,597 $1,326,510
2019 $39,604 $3,537,360 $2,236,860 $1,300,500
2018 $39,369 $3,468,000 $2,193,000 $1,275,000
2016 $27,269 $2,373,488 $1,539,400 $834,088
2015 $27,233 $2,360,960 $1,539,400 $821,560
2014 $26,156 $2,254,000 $1,539,400 $714,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17040273

California Regional Multiple Listing Service (CRMLS)

APN: 7545-021-007