NOT LISTED FOR SALE

1504 Via Margarita Palos Verdes Estates, CA 90274

Estimated Value: $4,845,740 - $5,595,000

7 Beds
8 Baths
5,926 Sq Ft
$876/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $2,925,000 $494 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $30,785/month

About This Home

As of February 2017

A gorgeous Monte Malaga home, custom built in 1993, situated on a large flat lot offers fabulous City, Ocean and Queen’s Necklace views. This home boasts 7 bedroom & 7.5 bathrooms with almost 6,000-sq.ft. of bright and open living space with views and floor plan that seamlessly flows between the formal living, dining room, family room and the kitchen, all with tall ceilings and extensive use of marble & granite. The gourmet kitchen features top quality appliances and opens to the spacious family room and breakfast nook. The well portioned Master suite has a large balcony overlooking gorgeous views, walk-in closets and a luxurious master bath with a whirlpool tub for two and a steam shower. Multiple French doors access the front patio as well as the large private backyard complete with an outdoor kitchen, gazebo, patio, and recently renovated pool and spa. The exterior of the home is newly painted with neatly landscaped lawns adding to the beautiful curb appeal. Other features include a 3-car garage, laundry room, an office, newly installed hardwood floors throughout the upstairs bedrooms and the downstairs recreation room, office. Excellent location w/ convenient access to award winning schools, shops and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Feb 14, 2017
Sold by
Director Ram
Bought by
Ding Xiaojun and Ding Lan
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,199,900
Sold Price
$2,925,000
Premium/Discount to List
-$274,900
-8.59%
Current Estimated Value
$5,188,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,263,935
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Director Ram
Bought by
Director Ram and Director Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2013
Sold by
Director Ram
Bought by
Director Ram and Director Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1996
Sold by
Bushnell Sabra B
Bought by
Director Ram and Director Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ding Xiaojun $2,925,000 Lawyers Title
Director Ram -- Ticor Title Company
Director Ram -- Ticor Title Company
Director Ram -- None Available
Director Ram -- None Available
Director Ram $525,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Director Ram $312,000
Previous Owner Director Ram $500,000
Previous Owner Director Ram $300,000
Previous Owner Director Ram $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $13,500 -10.0% --
05/07/2024 05/07/24 Price Changed $15,000 +7.1% $3 / Sq Ft
05/06/2024 05/06/24 For Rent $14,000 0.0% --
02/16/2017 02/16/17 Sold $2,925,000 -0.8% $494 / Sq Ft
12/07/2016 12/07/16 Price Changed $2,950,000 -7.8% $498 / Sq Ft
08/23/2016 08/23/16 For Sale $3,199,900 -- $540 / Sq Ft

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 $38,960 $3,328,146 $2,190,775 $1,137,371
2023 $38,352 $3,262,889 $2,147,819 $1,115,070
2022 $36,466 $3,198,911 $2,105,705 $1,093,206
2021 $36,432 $3,136,188 $2,064,417 $1,071,771
2020 $36,000 $3,104,031 $2,043,249 $1,060,782
2019 $34,891 $3,043,169 $2,003,186 $1,039,983
2018 $34,717 $2,983,500 $1,963,908 $1,019,592
2016 $24,932 $2,122,421 $1,045,665 $1,076,756
2015 $24,670 $2,090,542 $1,029,959 $1,060,583
2014 $24,300 $2,049,592 $1,009,784 $1,039,808
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shu Zeng

    Meta Realty Inc.

    (626) 893-9760

    5 Total Sales

    Shu Zeng
    Section Image

  • H

    Buyer's Agent in 2024

    Hannah Yin

    Beverly and Company

    (805) 341-7944

    105 Total Sales

    Hannah Yin
    Section Image
  • Raju Chhabria

    Seller's Agent in 2017

    Raju Chhabria

    Chhabria Real Estate Company

    (310) 493-9533

    5 in this area

    14 Total Sales

    Section Image
  • Neil Chhabria

    Seller Co-Listing Agent in 2017

    Neil Chhabria

    Chhabria Real Estate Company

    (310) 902-7227

    10 in this area

    44 Total Sales

    Neil Chhabria
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    5,589 Total Sales

    NoEmail NoEmail
    Section Image
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Map

California Los Angeles County Palos Verdes Estates 90274

1504 Via Margarita, Palos Verdes Estates, CA

This home is located at 1504 Via Margarita, Palos Verdes Estates, CA 90274 and is currently estimated at $5,188,935, approximately $875 per square foot. 1504 Via Margarita is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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