1508 Via Castilla Palos Verdes Estates, CA 90274
Estimated Value: $4,133,560 - $4,615,000
5
Beds
4.5
Baths
5,009
Sq Ft
$880/Sq Ft
Est. Value
Highlights
- Ocean View
- Golf Course Community
- Home Theater
- Vista Grande Elementary Rated A+
- Wine Cellar
- Filtered Pool
About This Home
As of August 2022Huge Price Reduction!! BEST DEAL in PVE! $798/sqft for a beautifully remodeled home in Lunada Bay with panoramic ocean/Malibu/Catalina views! The wrought iron double glass doors open to an elegant formal foyer with travertine floor that extends to living room, formal dining room and reception/entertainment area. Spacious living room with vaulted ceiling, a cozy fireplace and gorgeous ocean/Malibu views. Gourmet kitchen w/center island, granite countertops, custom cabinets, built-in Subzero, wine and beverage refrigerators, instant hot/cold filtered water and top of the line appliances. In addition, there is a breakfast countertop seating! A large open family room w/vaulted high ceilings, fireplace and hardwood floors next to the kitchen and breakfast area. French doors open to an over 1000 sqft wrap-around balcony with outdoor eating to enjoy the gorgeous ocean/Catalina/Malibu views! All living areas are on ONE LEVEL except the home theater with a bathroom, wine cellar and garage downstairs. Primary bedroom with tastefully remodeled bathroom that has dual-shower stall and Jacuzzi tub. French doors in almost all rooms open to the backyard with sparkling saltwater pool that offers water features with color changing lights, a private spa and water fountain. Beautifully landscaped front and backyard with water saving turf grass. 2 laundry rooms. 2 A/Cs & furnaces. Central vacuum system. Hardwired CAT5 and coaxial cable to all rooms. Security system. LED recessed lights throughout the house. This house has everything you're looking for. Excellent P. V. Schools. Close to world renowned Terranea Resort, Palos Verdes Beach & Athletic Club, private and public golf courses, shopping centers w/ restaurants and movie theater, parks and hiking trails...etc. PV Peninsula offers the best climate and lifestyle you can ask for! https://www.seetheproperty.com/u/418136
Last Agent to Sell the Property
Estate Properties License #01097324 Listed on: 06/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,091
Year Built
- Built in 1982 | Remodeled
Lot Details
- 0.35 Acre Lot
- Landscaped
- Front and Back Yard Sprinklers
- Garden
- Back and Front Yard
- Property is zoned PVR1*
Parking
- 3 Car Attached Garage
Property Views
- Ocean
- Coastline
- Catalina
Interior Spaces
- 5,009 Sq Ft Home
- 1-Story Property
- Stair Climber
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Storage
- Utility Room
- Finished Basement
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Self-Closing Drawers
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Filtered Pool
- In Ground Pool
- Saltwater Pool
Outdoor Features
- Balcony
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Lunada Bay Elementary School
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 27438
- Assessor Parcel Number 7543005049
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Aug 17, 2022
Sold by
Chang Family Trust
Bought by
Bae Family Trust
Seller's Agent
Jackie Wang-Dojiri
Estate Properties
Buyer's Agent
Lynn Kim
Vista Sotheby's International Realty
List Price
$4,280,000
Sold Price
$3,850,000
Premium/Discount to List
-$430,000
-10.05%
Total Days on Market
61
Views
2
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
$556,890
Avg. Annual Appreciation
4.98%
Purchase Details
Closed on
Mar 2, 2007
Sold by
Ciotti Richard and Ciotti Tammi
Bought by
Chang Stanley
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
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 2006
Sold by
Ciotti Richard and Ciotti Tammi
Bought by
Ciotti Richard
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
7.2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 17, 2004
Sold by
Lin Hilor Jeng Hong and Lin Grace Shuel Chin
Bought by
Ciotti Rich
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%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2000
Sold by
And Jennifer Wang Trust Wang Adam M And Jenni
Bought by
Lin Hilor Jeng Hong
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
8.15%
Mortgage Type
Unknown
Similar Homes in the area
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 |
|---|---|---|---|
| Bae Family Trust | $3,850,000 | Stewart Title Of California In | |
| Chang Stanley | $2,891,000 | Progressive Title Co Inc | |
| Ciotti Richard | -- | Fidelity National Financial | |
| Ciotti Rich | $1,760,000 | Progressive-Equity Title Co | |
| Lin Hilor Jeng Hong | $1,505,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chang Stanley | $765,000 | |
| Previous Owner | Chang Stanley | $845,000 | |
| Previous Owner | Chang Stanley L | $500,000 | |
| Previous Owner | Chang Stanley | $902,000 | |
| Previous Owner | Chang Stanley | $729,750 | |
| Previous Owner | Chang Stanley | $1,500,000 | |
| Previous Owner | Ciotti Richard | $1,500,000 | |
| Previous Owner | Ciotti Rich | $250,000 | |
| Previous Owner | Ciotti Rich | $1,000,000 | |
| Previous Owner | Lin Hilor Jeng Hong | $500,000 | |
| Previous Owner | Lin Hilor Jeng Hong | $1,000,000 | |
| Previous Owner | Lin Hilor Jeng Hong | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2022 08/26/22 | Sold | $3,850,000 | -3.7% | $769 / Sq Ft |
| 07/29/2022 07/29/22 | Price Changed | $3,998,000 | -6.6% | $798 / Sq Ft |
| 06/16/2022 06/16/22 | For Sale | $4,280,000 | -- | $854 / 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 | $45,091 | $3,927,000 | $2,897,310 | $1,029,690 |
| 2023 | $44,394 | $3,850,000 | $2,840,500 | $1,009,500 |
| 2022 | $41,270 | $3,695,528 | $2,513,662 | $1,181,866 |
| 2021 | $41,239 | $3,623,068 | $2,464,375 | $1,158,693 |
| 2020 | $40,687 | $3,585,919 | $2,439,106 | $1,146,813 |
| 2019 | $39,466 | $3,515,608 | $2,391,281 | $1,124,327 |
| 2018 | $39,178 | $3,446,676 | $2,344,394 | $1,102,282 |
| 2016 | $28,877 | $2,529,000 | $1,712,900 | $816,100 |
| 2015 | $28,983 | $2,529,000 | $1,712,900 | $816,100 |
| 2014 | $27,512 | $2,383,000 | $1,614,000 | $769,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jackie Wang-Dojiri
Seller's Agent in 2022
Jackie Wang-Dojiri
RE/MAX
(310) 999-8812
5 in this area
30 Total Sales
-
Lynn Kim
Buyer's Agent in 2022
Lynn Kim
Vista Sotheby's International Realty
(310) 544-6100
9 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV22127196
APN: 7543-005-049
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes
- 1500 Via Asturias
- 1446 Via Castilla
- 7016 Abbottswood Dr
- 2839 Via Victoria
- 6919 Grovespring Dr
- 2718 Via Victoria
- 2878 Via Victoria
- 2736 Via Victoria
- 6820 Abbottswood Dr
- 30035 Avenida Elegante
- 2532 Vía Sanchez
- 1413 Via Coronel
- 6923 Willowtree Dr
- 3024 Via Rivera
- 1344 Via Romero
- 30036 Via Borica
- 1429 Via Coronel
- 28551 Blythewood Dr
- 2329 Via Olivera
- 2552 Palos Verdes Dr W
- 1508 Via Castilla
- 1504 Via Castilla
- 1512 Via Castilla
- 1509 Via Asturias
- 1505 Via Asturias
- 1513 Via Castilla
- 1500 Via Castilla
- 1513 Via Asturias
- 1509 Via Castilla
- 1501 Via Asturias
- 1517 Via Castilla
- 1505 Via Castilla
- 1457 Via Asturias
- 1508 Via Asturias
- 1600 Via Barcelona
- 1504 Via Asturias
- 1501 Via Castilla
- 1512 Via Asturias
- 1601 Via Barcelona
- 1516 Via Asturias