$3,450,000
SOLD OCT 6, 2015

1509 Via Fernandez Palos Verdes Estates, CA 90274

5 Beds
4.5 Baths
4,000 Sq Ft
0.49 Acres

Recently Sold

$862 Per Sq Ft

7% Below List Price

93 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Home Theater
  • Montemalaga Elementary School Rated A+
  • Tennis Courts
  • Heated In Ground Pool

About This Home

As of November 2022

Ocean view tennis estate in Palos Verdes Estates! Located in prestigious Monte Malaga, completely gated and enclosed for privacy and security,with stunning unobstructed panoramic ocean views from Catalina to Santa Barbara. Completely updated and remodeled in 2012 - 2015, this fully air-conditioned, turnkey estate is bright, warm and inviting - perfect for resort style living with recreational opportunities for all ages to enjoy. New N/S regulation tennis/basketball/volleyball court, & oversized swimming pool/spa. 5 BR 4.5 BA with 3 marble fireplaces, all granite and marble surfaces, custom alder cabinetry and 24x24 Italian travertine flooring throughout. Open floor plan w/ large formal living & dining rooms, a spacious ultra modern gourmet kitchen w/ top of the line appliances and a large master bedroom suite - all opening onto a 50 ft ocean view balcony. A luxurious media room w/ elegant sports bar opens onto the expansive patio. One of the bedrooms/studies has a separate entrance - perfect for guests or for use as an office/gym. Set on a large gently sloping (all usable) 21,288 SF lot, the estate is beautifully landscaped. The 3 car garage has an epoxy floor, work area and ample storage. No expense was spared in the creation of this personal resort.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 05/06/2015

Co-Listed By

Vivien Smith

Shorewood REALTORS License #01973744

Last Buyer's Agent

Stephen Haw

Keller Williams Palos Verdes License #00808646

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,922

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Landscaped
  • Gentle Sloping Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • On-Hand Building Permits

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Three Garage Doors
  • Garage Door Opener
  • Automatic Gate
  • Parking Lot

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Turnkey
  • Plaster
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Drapes & Rods
  • Blinds
  • Formal Entry
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Gym
  • Stone Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Alarm System
  • Intercom
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • Stone Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Attached Guest House
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541022003

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,922

Year Built

Built in 1981 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Building Permit, Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541022003
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Crown Molding, Granite Counters, High Ceilings, Intercom, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Family Room, Dining Room, In Kitchen, Separated
  • Fireplace Features: Great Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 862.50
  • Room Type: Dressing Area, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Exercise Room, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Multi-Level Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room
  • Spa Features: Gunite, Heated, In Ground, Permits, Private
  • Window Features: Blinds, Drapes, Double Pane Windows, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Attached, Tennis Court Private
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Catalina, Ocean, Panoramic, Water
  • Patio And Porch Features: Patio Open, Patio, Stone, Tile
  • Pool Features: Gunite, Heated, In Ground, Permits, Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Paved, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Gated, Parking Space, Private, Side by Side, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Range, Instant Hot Water, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator, Warming Drawer
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Lawn, Landscaped, Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinkler System, Yard
  • Lot Size Sq Ft: 21288.00
  • Price Per Lot Square Foot: 162.06
  • Lot Size Acres: 0.4890

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21288.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 17, 2022
Sold by
Ding Wenzhuo
Bought by
Yang Yi
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Stephen Haw
Keller Williams Palos Verdes
List Price
$4,250,000
Sold Price
$4,050,000
Premium/Discount to List
-$200,000
-4.71%
Views
18
Current Estimated Value
$4,490,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,718
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,800,000
Outstanding Balance
$1,747,683
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$2,864,849

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 16, 2022
Sold by
Yu Peter D
Bought by
Yang Yi
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Stephen Haw
Keller Williams Palos Verdes
List Price
$4,250,000
Sold Price
$4,050,000
Premium/Discount to List
-$200,000
-4.71%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,747,683
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$2,864,849

Purchase Details

Closed on
Aug 22, 2022
Sold by
Yufei Xin
Bought by
Yu Peter D

Purchase Details

Listed on
May 6, 2015
Closed on
Aug 12, 2015
Sold by
Smith John R and Smith Vivien Dee
Bought by
Yu Peter D and Yu Yufei Xin
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Stephen Haw
Keller Williams Palos Verdes
List Price
$3,699,000
Sold Price
$3,450,000
Premium/Discount to List
-$249,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
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 -- Progressive Title
Grant Deed $4,050,000 Progressive Title
Deed -- Progressive Title
Grant Deed $3,450,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 New Conventional
Previous Owner $2,240,000 Adjustable Rate Mortgage/ARM
Previous Owner $393,000 Credit Line Revolving
Previous Owner $249,999 Credit Line Revolving
Previous Owner $1,570,000 Negative Amortization
Previous Owner $228,000 Credit Line Revolving
Previous Owner $1,500,000 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,450,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,125,000 Unknown
Previous Owner $975,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $4,050,000 -4.7% $1,013 / Sq Ft
08/25/2022 08/25/22 For Sale $4,250,000 +23.2% $1,063 / Sq Ft
10/06/2015 10/06/15 Sold $3,450,000 -1.3% $863 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $3,495,000 -5.5% $874 / Sq Ft
05/06/2015 05/06/15 For Sale $3,699,000 -- $925 / 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 $46,922 $4,213,620 $3,370,896 $842,724
2024 $46,922 $4,131,000 $3,304,800 $826,200
2023 $46,194 $4,050,000 $3,240,000 $810,000
2022 $42,654 $3,848,536 $2,844,571 $1,003,965
2021 $42,631 $3,773,076 $2,788,796 $984,280
2020 $42,057 $3,734,389 $2,760,201 $974,188
2019 $40,785 $3,661,167 $2,706,080 $955,087
2018 $40,565 $3,589,380 $2,653,020 $936,360
2016 $12,281 $985,651 $446,296 $539,355
2015 $12,146 $970,847 $439,593 $531,254
2014 $11,973 $951,830 $430,982 $520,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15097401

California Regional Multiple Listing Service (CRMLS)

APN: 7541-022-003