$4,500,000
SOLD AUG 23, 2018

1505 Via Fernandez Palos Verdes Estates, CA 90274

6 Beds
6.5 Baths
7,194 Sq Ft
0.43 Acres

Recently Sold

$626 Per Sq Ft

3 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Maid or Guest Quarters
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of January 2024

Unmatched Class and Graceful Simplicity. Full of life, cherished love, and delicate details, your eyes will dance along the flowing wrought iron staircase, wandering over every inch of masterfully carved molding, and landing on the radiant, leaded-glass double doors, brimming with light. Entirely custom, every nook of the home reflects a vision of playful modernity marrying fortified tradition. Bright and welcoming, the home provides an exquisite space for social expression and coming together of friends and loved ones. Host intimate wine tasting parties on the entry level, and carry-on effortlessly to the resort-style backyard, fully equipped for truly memorable parties and cornerstone celebrations. As a family, relax by the firepit, compete in the game room, laugh uncontrollably in the living room, get creative in the contemporary kitchen, or lounge lazily by the pool & spa. The blending of indoor and outdoor life creates year-round enjoyment, cheerfully flowing from the putting green to the cozy comfort of the family room, allowing you to soak up each day. Find privacy up-stairs, each bedroom fitted with a modern and clean-lined en-suite bathroom. Along the catwalk access a wide balcony, offering expansive views of the ocean. Simmer down with the marble fireplace in the Master Bedroom and fawn over the setting sun, or drift away in the glamorous Master Bathroom...... the home warrants a life full of living.

Last Agent to Sell the Property

Wendy Sun

Estate Properties License #01729186 Listed on: 04/16/2018

Estate Properties

Co-Listed By

David Keller

Estate Properties License #00851437

Last Buyer's Agent

Gary Kooba

Vista Sotheby’s International Realty License #00578697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,377

Year Built

  • Built in 1990

Lot Details

  • 0.43 Acre Lot
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Interior Spaces

  • 7,194 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541022002

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,377

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541022002
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7194.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 625.52
  • Room Type: Entry, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bedroom, Master Suite, Office

Exterior Features

  • View: Catalina, Ocean
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18822.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 2
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Musvee Arora and Musvee Naila
Bought by
Arora
Current Estimated Value
$6,104,671

Purchase Details

Listed on
May 22, 2023
Closed on
Dec 5, 2023
Sold by
Gst Non-Exempt Caila P Gale 1998 Nevada and Gst Non-Exempt Jenna
Bought by
Arora Neeraj and Arora Naila Musvee
Seller's Agent
Lauren Forbes
Compass
Buyer's Agent
Rodman Amiri
Merit Real Estate
List Price
$5,999,999
Sold Price
$5,300,000
Premium/Discount to List
-$699,999
-11.67%
Views
427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$4,769,470
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2018
Closed on
Aug 9, 2018
Sold by
Nassif Hani W and Nassif Dara
Bought by
Gale Randolph D
Seller's Agent
Wendy Sun
Estate Properties
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$4,500,000
Sold Price
$4,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$2,500,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2005
Sold by
Nassif Hani and Nassif Dara
Bought by
Nassif Hani W and Nassif Dara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 22, 2003
Sold by
Yang Jackson and Yang Julie
Bought by
Nassif Hani and Nassif Dara

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
5.88%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $5,300,000 Usa National Title
Grant Deed $4,500,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed $2,600,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,769,470 New Conventional
Previous Owner $525,000 New Conventional
Previous Owner $2,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,100,000 Commercial
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $690,000 Credit Line Revolving
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $1,176,682 Unknown
Closed $499,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $5,300,000 -3.6% $737 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $5,499,999 -8.3% $765 / Sq Ft
10/27/2023 10/27/23 For Sale $5,999,999 +13.2% $834 / Sq Ft
10/23/2023 10/23/23 Off Market $5,300,000 -- --
10/05/2023 10/05/23 Price Changed $5,999,999 -7.6% $834 / Sq Ft
09/05/2023 09/05/23 Price Changed $6,495,000 -4.5% $903 / Sq Ft
07/06/2023 07/06/23 Price Changed $6,799,000 -2.9% $945 / Sq Ft
05/22/2023 05/22/23 For Sale $6,999,999 +55.6% $973 / Sq Ft
08/23/2018 08/23/18 Sold $4,500,000 0.0% $626 / Sq Ft
07/15/2018 07/15/18 For Sale $4,500,000 0.0% $626 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $4,500,000 -- $626 / 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 $56,377 $5,406,000 $3,857,844 $1,548,156
2024 $56,377 $4,921,404 $2,682,493 $2,238,911
2023 $55,533 $4,824,907 $2,629,896 $2,195,011
2022 $52,755 $4,730,302 $2,578,330 $2,151,972
2021 $52,702 $4,637,552 $2,527,775 $2,109,777
2020 $51,999 $4,590,000 $2,501,856 $2,088,144
2019 $50,437 $4,500,000 $2,452,800 $2,047,200
2018 $37,622 $3,248,869 $1,883,219 $1,365,650
2017 $35,241 $3,185,167 $1,846,294 $1,338,873
2016 $35,752 $3,122,714 $1,810,093 $1,312,621
2015 $35,333 $3,075,809 $1,782,904 $1,292,905
2014 $34,799 $3,015,559 $1,747,980 $1,267,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18085592

California Regional Multiple Listing Service (CRMLS)

APN: 7541-022-002