1428 Via Arco Palos Verdes Estates, CA 90274
Estimated Value: $4,548,000 - $6,649,000
5
Beds
4.5
Baths
4,675
Sq Ft
$1,129/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Pool
- 0.46 Acre Lot
- Montemalaga Elementary School Rated A+
- All Bedrooms Downstairs
- 5-minute walk to Coronel Plaza
About This Home
As of July 2015Drastic Price Reduction! Motivated sellers! Contemporary masterpiece in prime Palos Verdes Estates Location-Montemalga! Spectacular, modern Estate home on a huge 20,100 sq.ft lot. Beautiful Ocean view from living room,dining room and master suite ! Designer touch throughout this home. ALL LIVING AREA ARE ON ONE LEVEL except the garage. High ceilings, and open living room/dining room with ocean view. Spacious Gourmet Kitchen with stainless steel appliances and quality cabinetry. Large family area adjacent to kitchen and open onto resort-like backyard. Huge master suite with sitting area and luxurious bath. Great backyard with pool for entertaining and family living. Palos Verdes Estate Life style at its best!
Last Buyer's Agent
Evangelyn Lin
Keller Williams Realty License #01817694
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,936
Year Built
- Built in 1979
Lot Details
- 0.46
Parking
- 3 Car Garage
Interior Spaces
- 4,675 Sq Ft Home
- Entryway
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Ocean Views
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom Retreat
- All Bedrooms Down
Additional Features
- In Ground Pool
- 0.46 Acre Lot
- Cooling Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 7112
- Assessor Parcel Number 7544023018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2015
Closed on
Jun 25, 2015
Sold by
Lin Violet C
Bought by
Kim John Kyung Jin and Kim Ko Woon
Seller's Agent
Wendy Sun
Estate Properties
Buyer's Agent
Evangelyn Lin
Keller Williams Realty
List Price
$3,298,000
Sold Price
$3,298,000
Total Days on Market
165
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,981,438
Avg. Annual Appreciation
4.89%
Original Mortgage
$2,473,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 7, 2012
Sold by
Lin David T
Bought by
Lin Violet C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 17, 2012
Sold by
Lin Violet
Bought by
Lin David T and Lin Violet E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2011
Sold by
Lin David
Bought by
Lin Violet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.26%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 22, 2010
Sold by
Han Somi Seong
Bought by
Lin David and Lin Violet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2002
Sold by
Han Aaron
Bought by
Han Somi Seong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.37%
Purchase Details
Closed on
Jul 10, 2002
Sold by
Jhaver Nikhil
Bought by
Han Somi Seong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.37%
Purchase Details
Closed on
Jun 18, 1998
Sold by
Jhaveri Nikhil C
Bought by
Jhaveri Nikhil and Jhaveri Ela N
Similar Homes in Palos Verdes Estates, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim John Kyung Jin | $3,298,000 | Wfg National Title Company | |
| Lin Violet C | -- | None Available | |
| Lin David T | -- | Lsi | |
| Lin Violet | -- | None Available | |
| Lin David | $1,999,000 | Chicago Title | |
| Han Somi Seong | -- | Equity Title | |
| Han Somi Seong | $1,592,000 | Equity Title Company | |
| Jhaveri Nikhil | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim John Kyung Jin | $1,600,000 | |
| Closed | Kim John Kyung Jin | $2,440,000 | |
| Closed | Kim John Kyung Jin | $2,473,500 | |
| Previous Owner | Lin Violet C | $1,000,000 | |
| Previous Owner | Lin David T | $1,160,000 | |
| Previous Owner | Lin Violet | $1,000,000 | |
| Previous Owner | Lin David | $1,200,000 | |
| Previous Owner | Han Somi Seong | $850,000 | |
| Previous Owner | Han Somi Seong | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2015 07/28/15 | Sold | $3,298,000 | 0.0% | $705 / Sq Ft |
| 06/22/2015 06/22/15 | Pending | -- | -- | -- |
| 06/11/2015 06/11/15 | Off Market | $3,298,000 | -- | -- |
| 06/11/2015 06/11/15 | For Sale | $3,298,000 | 0.0% | $705 / Sq Ft |
| 05/30/2015 05/30/15 | Off Market | $3,298,000 | -- | -- |
| 05/30/2015 05/30/15 | For Sale | $3,298,000 | 0.0% | $705 / Sq Ft |
| 05/08/2015 05/08/15 | Off Market | $3,298,000 | -- | -- |
| 04/22/2015 04/22/15 | Pending | -- | -- | -- |
| 01/19/2015 01/19/15 | Price Changed | $3,298,000 | -9.6% | $705 / Sq Ft |
| 01/08/2015 01/08/15 | For Sale | $3,650,000 | -- | $781 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $43,936 | $3,827,606 | $2,725,865 | $1,101,741 |
| 2023 | $43,253 | $3,752,556 | $2,672,417 | $1,080,139 |
| 2022 | $41,091 | $3,678,977 | $2,620,017 | $1,058,960 |
| 2021 | $41,061 | $3,606,842 | $2,568,645 | $1,038,197 |
| 2019 | $39,296 | $3,499,862 | $2,492,458 | $1,007,404 |
| 2018 | $39,017 | $3,431,238 | $2,443,587 | $987,651 |
| 2016 | $37,023 | $3,298,000 | $2,348,700 | $949,300 |
| 2015 | $25,297 | $2,179,343 | $1,705,607 | $473,736 |
| 2014 | $24,922 | $2,136,654 | $1,672,197 | $464,457 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Sun
Seller's Agent in 2015
Wendy Sun
RE/MAX
(310) 544-7301
13 in this area
71 Total Sales
-
E
Buyer's Agent in 2015
Evangelyn Lin
Keller Williams Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV15004209
APN: 7544-023-018
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