R
Seller's Agent in 2019
Raju Chhabria
Chhabria Real Estate Company
145 Rocky Point Rd Palos Verdes Estates, CA 90274
Estimated Value: $5,996,000 - $9,945,000
5
Beds
5.5
Baths
5,178
Sq Ft
$1,518/Sq Ft
Est. Value
Highlights
- Ocean Front
- Home Theater
- Primary Bedroom Suite
- Lunada Bay Elementary School Rated A+
- Above Ground Spa
- Open Floorplan
About This Home
As of May 2019The dramatic bluffs of Lunada Bay create a stunning backdrop for this private oceanfront estate in one of the best locations in PV Estates. The landscape design by Palmer & Rosen (Artecho). A tranquil reflection pool greets you at the entrance to the elegant courtyard lined w/ palm trees. This private oasis feels like freedom—enjoy wide open living space w/ approx. 5,178 SF and marvel at arresting views from the moment you step through the front door. The U-shape design of the home wraps around the front courtyard creating a seamless indoor / outdoor living space, adding effortless flow to everyday living. Soaring high ceilings in the great room w/ expansive living room & dining area look out to those gorgeous panoramic views. French doors access the large deck w/ a warming firepit, spa & lounge area where you can relax in the ocean breeze. The gleaming kitchen is outfitted w/ Wolf appliances, Sub-zero, two drawer fridges, wine fridge & a breakfast eat area opening to the family room. The master suite is beyond luxurious w/ the allure of the spa and view deck just outside. Grab a good book & linger in the sitting area w/ fireplace. A luxurious master bath has jetted spa tub, shower & walk-in closets. The other 3 bdrms are en-suite and situated conveniently along the spacious hallways. The 5th bedroom is currently being utilized as a theatre. The landscape design is by Palmer & Rosen (Artecho). Close access to shops, restaurants & schools.
Last Agent to Sell the Property
Raju Chhabria
Chhabria Real Estate Company License #00874072 Listed on: 12/10/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $77,271
Year Built
- Built in 2002
Lot Details
- 0.42 Acre Lot
- Ocean Front
- Landscaped
- Level Lot
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
- Bluff
Home Design
- Spanish Tile Roof
Interior Spaces
- 5,178 Sq Ft Home
- Open Floorplan
- Built-In Features
- Bar
- High Ceiling
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Theater
- Wood Flooring
- Home Security System
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Double Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Hydromassage or Jetted Bathtub
- Separate Shower
Outdoor Features
- Above Ground Spa
- Living Room Balcony
- Fireplace in Patio
- Outdoor Fireplace
- Fire Pit
Location
- Suburban Location
Utilities
- Two cooling system units
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 17606
- Assessor Parcel Number 7542034009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2018
Closed on
May 3, 2019
Sold by
Cui Jinhong
Bought by
Rocky Point Pv Llc
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Neil Chhabria
Chhabria Real Estate Company
List Price
$7,250,000
Sold Price
$6,300,000
Premium/Discount to List
-$950,000
-13.1%
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
$1,562,086
Avg. Annual Appreciation
2.84%
Purchase Details
Listed on
Sep 9, 2011
Closed on
Nov 8, 2012
Sold by
Hao Hefa
Bought by
Cui Jinhong
Seller's Agent
Richard Edler
Vista Sotheby's International Realty
Buyer's Agent
Phyllis Sang
Treeline Realty & Investment
List Price
$5,800,000
Sold Price
$5,000,000
Premium/Discount to List
-$800,000
-13.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$3,000,000
Interest Rate
2.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 10, 2012
Sold by
Huang Leah and Yu Jenny
Bought by
Cui Jinhong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 29, 2003
Sold by
Rocky Realty Corp
Bought by
Huang Leah and Yu Jenny
Purchase Details
Closed on
Dec 2, 1999
Sold by
Family Trust Kinney James H And June L Trs Ki
Bought by
Rocky Realty Corp
Purchase Details
Closed on
Sep 22, 1993
Sold by
Kinney James H and Kinney June L
Bought by
Kinney James H and Kinney June L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rocky Point Pv Llc | $6,300,000 | Lawyers Title | |
| Cui Jinhong | -- | Lawyers Title | |
| Cui Jinhong | $5,000,000 | Lawyers Title | |
| Huang Leah | $3,300,000 | American Title Co | |
| Rocky Realty Corp | $1,855,000 | Commonwealth Land Title Co | |
| Kinney James H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cui Jinhong | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2019 05/07/19 | Sold | $6,300,000 | -10.0% | $1,217 / Sq Ft |
| 04/06/2019 04/06/19 | Pending | -- | -- | -- |
| 03/22/2019 03/22/19 | Price Changed | $6,999,999 | -3.4% | $1,352 / Sq Ft |
| 12/10/2018 12/10/18 | For Sale | $7,250,000 | +45.0% | $1,400 / Sq Ft |
| 11/14/2012 11/14/12 | Sold | $5,000,000 | -5.7% | $966 / Sq Ft |
| 09/03/2012 09/03/12 | Pending | -- | -- | -- |
| 02/21/2012 02/21/12 | Price Changed | $5,300,000 | -8.6% | $1,024 / Sq Ft |
| 10/10/2011 10/10/11 | For Sale | $5,800,000 | +16.0% | $1,120 / Sq Ft |
| 09/30/2011 09/30/11 | Off Market | $5,000,000 | -- | -- |
| 09/09/2011 09/09/11 | For Sale | $5,800,000 | -- | $1,120 / 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 |
|---|---|---|---|---|
| 2025 | $77,271 | $7,027,765 | $4,796,729 | $2,231,036 |
| 2024 | $77,271 | $6,889,967 | $4,702,676 | $2,187,291 |
| 2023 | $76,134 | $6,754,870 | $4,610,467 | $2,144,403 |
| 2022 | $72,257 | $6,622,422 | $4,520,066 | $2,102,356 |
| 2021 | $72,197 | $6,492,572 | $4,431,438 | $2,061,134 |
| 2020 | $71,222 | $6,426,000 | $4,386,000 | $2,040,000 |
| 2019 | $60,810 | $5,519,528 | $4,139,648 | $1,379,880 |
| 2018 | $60,486 | $5,411,303 | $4,058,479 | $1,352,824 |
| 2016 | $57,478 | $5,201,178 | $3,900,884 | $1,300,294 |
| 2015 | $56,899 | $5,123,053 | $3,842,290 | $1,280,763 |
| 2014 | $56,033 | $5,022,700 | $3,767,025 | $1,255,675 |
Source: Public Records
Agents Affiliated with this Home
-
-
Neil Chhabria
Buyer's Agent in 2019
Neil Chhabria
Chhabria Real Estate Company
(310) 902-7227
11 in this area
43 Total Sales
-
Richard Edler
Seller's Agent in 2012
Richard Edler
Vista Sotheby's International Realty
(310) 872-4333
6 in this area
20 Total Sales
-
Kitty Edler
Seller Co-Listing Agent in 2012
Kitty Edler
Vista Sotheby's International Realty
(310) 283-8790
5 in this area
25 Total Sales
-
P
Buyer's Agent in 2012
Phyllis Sang
Treeline Realty & Investment
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18288783
APN: 7542-034-009
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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