NOT LISTED FOR SALE

1509 Via Margarita Palos Verdes Estates, CA 90274

Estimated Value: $2,270,000 - $2,674,000

4 Beds
2.5 Baths
2,277 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $1,725,000 $758 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $15,043/month

13 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Main Floor Bedroom
  • Montemalaga Elementary School Rated A+
  • Updated Kitchen
  • Private Yard

About This Home

As of October 2018

Experience this architectural gem located on Via Margarita in prestigious Palos Verdes Estates! The open views of an inner courtyard and secluded backyard create your own private oasis highlighted by an above-ground spa that provides opportunities for relaxation in an incredibly peaceful and serene atmosphere. A perfect home for entertaining, the 2,277-square-foot home features a spacious living room, open family room and dining area, surrounded by windows on your private paradise. Four bedrooms, including the master suite, are located in a separate wing providing all the comforts and simplicity of a desirable one-level home. This beautiful home, in a wonderful PVE neighborhood, has easy access to award-winning schools, restaurants and shopping!

Special features include a flat lot of approximately 10,000 square feet, hardwood flooring and Italian marble throughout the house, Kohler fixtures, a tankless water heater, air-conditioning, and upgraded appliances.

Last Agent to Sell the Property

Hiroko Asano

Azusa Realty License #00526128 Listed on: 09/07/2018

Co-Listed By

Mark Tanaka

Asuka Realty License #01968731

Last Buyer's Agent

Cari Corbalis

Vista Sotheby’s International Realty License #00850678

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,279

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 9,891 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 2,277 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Double Door Entry
  • Living Room
  • Views of Woods
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Upgraded Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Palos Verdes Homes Association, Phone Number (310) 373-6721

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7538
  • Assessor Parcel Number 7545026012

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,279

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: PVR1*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545026012
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2277.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 757.58
  • Room Type: Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Upgraded
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Name: Palos Verdes Homes Association
  • Phone: 310-373-6721
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Yard
  • Lot Size Sq Ft: 9891.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 12
  • Tax Tract Number: 7538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2020
Sold by
Edmundson Jeannin C
Bought by
Edmundson Jeannin C
Total Days on Market
13
Current Estimated Value
$2,484,667

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 3, 2018
Sold by
Koyanagi Stan and Koyanagi Teri
Bought by
Edmundson Jeannine C
Seller's Agent
Hiroko Asano
Azusa Realty
Buyer's Agent
Cari Corbalis
Vista Sotheby’s International Realty
List Price
$1,750,000
Sold Price
$1,725,000
Premium/Discount to List
-$25,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$300,000
Outstanding Balance
$230,117
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$2,254,550

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jul 23, 2018
Sold by
Lazar Beau
Bought by
Koyanagi Stan and Koyanagi Teri
Seller's Agent
Brennan Lazar
Estate Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,695,000
Sold Price
$1,725,000
Premium/Discount to List
$30,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,175,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2017
Sold by
Lazar Beau
Bought by
Lazar Beau and Lazar Lisa

Purchase Details

Closed on
Jun 13, 2003
Sold by
Spierer Steven F
Bought by
Lazar Beau and Lazar Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,750
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
The Gloria Spierer Trust
Bought by
The Spierer Family 1995 Trust

Purchase Details

Closed on
Sep 23, 1997
Sold by
Bhalla Ravindra N
Bought by
Spierer Gloria
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 Buyer Sale Price Title Company
Edmundson Jeannin C -- None Available
Edmundson Jeannine C $1,725,000 First American Title Insuran
Koyanagi Stan $1,725,000 Progressive Title Company
Lazar Beau -- None Available
Lazar Beau -- None Available
Lazar Beau $1,065,000 First American Title Co
The Spierer Family 1995 Trust $626,000 Provident Title
Spierer Gloria $626,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmundson Jeannine C $300,000
Previous Owner Koyanagi Stan $1,175,000
Previous Owner Lazar Beau $925,000
Previous Owner Lazar Beau $1,000,000
Previous Owner Lazar Beau $391,000
Previous Owner Lazar Beau $798,750
Previous Owner Bhalla Ravindra Nath $25,000
Closed Lazar Beau $159,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $1,725,000 -1.4% $758 / Sq Ft
09/07/2018 09/07/18 For Sale $1,750,000 +1.4% $769 / Sq Ft
08/03/2018 08/03/18 Sold $1,725,000 +1.8% $758 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $1,695,000 -- $744 / 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
2024 $22,279 $1,886,535 $1,312,373 $574,162
2023 $21,886 $1,849,545 $1,286,641 $562,904
2022 $20,809 $1,813,280 $1,261,413 $551,867
2021 $20,815 $1,777,727 $1,236,680 $541,047
2020 $20,538 $1,759,500 $1,224,000 $535,500
2019 $19,934 $1,725,000 $1,380,000 $345,000
2018 $15,841 $1,330,778 $1,030,264 $300,514
2016 $15,035 $1,279,104 $990,258 $288,846
2015 $14,876 $1,259,892 $975,384 $284,508
2014 $14,657 $1,235,213 $956,278 $278,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18219565

California Regional Multiple Listing Service (CRMLS)

APN: 7545-026-012