NOT LISTED FOR SALE

1516 Via Fernandez Palos Verdes Estates, CA 90274

Estimated Value: $5,796,930 - $6,699,000

4 Beds
5.5 Baths
7,121 Sq Ft
$868/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $5,100,000 $716 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $37,779/month

56 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Ocean Side of Highway 1
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of February 2023

True to the term--"one-of-a-kind," 1516 Via Fernandez is a custom-built Tuscan villa in Palos Verdes Estates with expansive ocean and Catalina views. Once-in-a-lifetime opportunity to purchase a custom-tailored, single-owner estate in the prestigious Montemalaga neighborhood for under replacement value. Thoughtfully designed and dressed with utmost attention to detail. As you approach the home from the circular driveway, you immediately are overtaken by the smells of the tropical flora and lush landscaping surrounding you, a warm welcome you to your abode. Enter the main salon through massive hand-built double doors. The magical foyer is sure to sweep you away, featuring grand 20'+ ceilings, double spiral staircases, and the sparkling chandelier, the crown jewel to welcome you home. Polished marble and hardwood floors throughout, with hand-laid mosaic tiles, and wood in-lays accenting different parts of the home. Custom features including a wet bar in the family room area, with hand-finished artists rendition on the façade, an oversized step-down living room with custom draperies and coffered ceilings along with ocean view deck, a separate study/library. The grand kitchen has a gargantuan center island, finished with imported Italian countertops, Wolf range, Sub-Zero
double refrigerator, Thermador oven, two sinks, and two dishwashers. On the upper floor, you will find all four bedrooms and three full baths. Big ocean views from the bedrooms. The luxuriously appointed primary suite featuring a generously-apportioned closet with many built-ins. In the primary bath, you will have amenities on par with a luxury spa -- dual wash closets, an oversized walk-in steam shower, and a jetted bathtub. The primary sleeping quarters have another hand-designed fireplace mantle, along with a sitting area, and large balcony overlooking the Pacific Ocean. On the lower level, will find some flex space -- possibly an office, gym, or game room, with fireplace. Lastly there is another bonus room on the lower level, maybe a wine cellar, tasting room, or just extra storage. The three-car garage features hand-finished garage doors, along with built-in cabinetry, and epoxy floors. Other features include multi-zoned heating and cooling. 4 total fireplaces, 2 brand new water heaters, and too many more details to list. Come see for yourself, and prepare to be swept off your feet!

Last Agent to Sell the Property

Rodman Amiri

Merit Real Estate License #01760226 Listed on: 11/11/2022

Last Buyer's Agent

Nancy Duan

Shengxin Duan, Broker License #01894572

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,734

Year Built

  • Built in 2004

Lot Details

  • 0.47 Acre Lot
  • West Facing Home
  • Block Wall Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Landscaped
  • Gentle Sloping Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned PVR1YY

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Circular Driveway

Property Views

  • Ocean
  • Catalina

Home Design

  • Custom Home
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 7,121 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Custom Window Coverings
  • Garden Windows
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Storage
  • Utility Room
  • Finished Basement
  • Utility Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Stone Porch or Patio
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 4
  • Tax Tract Number 7334
  • Assessor Parcel Number 7544017008

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,734

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Firewall(s), Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7544017008
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7121.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Crown Molding, Dry Bar, Granite Counters, High Ceilings, Home Automation System, Intercom, Living Room Balcony, Pantry, Recessed Lighting, Storage, Tray Ceiling(s), Two Story Ceilings, Vacuum Central, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 253.00 Square Feet
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Bonus Room, Family Room, Living Room, Master Bedroom, Gas, Gas Starter, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 716.19
  • Room Type: All Bedrooms Up, Basement, Bonus Room, Family Room, Formal Entry, Kitchen, Laundry, Library, Living Room, Master Suite, Office, Separate Family Room, Utility Room, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Window Features: Casement Windows, Custom Covering, Double Pane Windows, Drapes, Garden Window(s), Screens, Shutters, Skylight(s), Wood Frames
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Hollywood Bathroom (Jack&Jill), Jetted Tub, Linen Closet/Storage, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Utility Sink
  • Basement: Finished, Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Catalina, Ocean
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Stucco Wall
  • Patio And Porch Features: Patio, Stone, Terrace, Tile
  • Pool Features: Private, Heated, In Ground, Salt Water, Waterfall
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Direct Garage Access, Driveway, Concrete, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Zoned
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Landscaped, Lot 20000-39999 Sqft, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 20479.00
  • Lot Size Acres: 0.4701

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20479.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 6703.26
  • Tax Lot: 12
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 24, 2023
Sold by
Amiri Family Trust
Bought by
Tang Weiqing and Shao Hongxia
Seller's Agent
Rodman Amiri
Merit Real Estate
Buyer's Agent
Nancy Duan
Shengxin Duan, Broker
List Price
$5,495,000
Sold Price
$5,100,000
Premium/Discount to List
-$395,000
-7.19%
Total Days on Market
56
Views
76
Current Estimated Value
$6,180,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,080,733
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Apr 8, 2009
Sold by
Amiri Amir H and Amiri Nasrin
Bought by
Amiri Amir H and Amiri Family Trust

Purchase Details

Closed on
Sep 7, 2004
Sold by
1156 Via Fernandez Llc
Bought by
Amiri Amir H and Amiri Nasrin

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
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2003
Sold by
Amiri Amir H and Amiri Nasrin
Bought by
1156 Via Fernandez Llc

Purchase Details

Closed on
Dec 30, 2002
Sold by
Amiri Amir H
Bought by
Amiri Amir H and Amiri Nasrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,702,500
Interest Rate
6.03%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2002
Sold by
Amiri Nasrin
Bought by
Amiri Amir H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,702,500
Interest Rate
6.03%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 19, 2002
Sold by
Dayan David B and Dayan Keylon Lisa S
Bought by
Amiri Amir H and Amiri Nasrin

Purchase Details

Closed on
Jun 11, 1999
Sold by
Dayan Keylon Lisa S and Marvin S Dayan Family Trust
Bought by
Dayan Keylon Lisa S and Debra Dayan Survivors Trust

Purchase Details

Closed on
Feb 3, 1998
Sold by
Dayan Estelle D Tr
Bought by
Dayan Debra and Dayan David B
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
Tang Weiqing $5,100,000 Lawyers Title Company
Amiri Amir H -- None Available
Amiri Amir H -- Landamerica Lawyers Title
1156 Via Fernandez Llc -- Lawyers
Amiri Amir H -- Lawyers
Amiri Amir H -- Lawyers Title
Amiri Amir H $880,000 Lawyers Title Company
Dayan Keylon Lisa S -- --
Dayan Debra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amiri Amir H $1,000,000
Previous Owner Amiri Amir H $2,000,000
Previous Owner Amiri Amir H $1,000,000
Previous Owner Amiri Amir H $1,900,000
Previous Owner Amiri Amir H $1,500,000
Previous Owner Amiri Amir H $300,000
Previous Owner Amiri Amir H $1,500,000
Previous Owner Amiri Amir H $1,702,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $5,100,000 -7.2% $716 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/11/2022 11/11/22 For Sale $5,495,000 -- $772 / 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 $59,734 $5,202,000 $3,641,400 $1,560,600
2023 $46,753 $3,987,894 $1,475,199 $2,512,695
2022 $44,452 $3,909,701 $1,446,274 $2,463,427
2021 $44,506 $3,833,041 $1,417,916 $2,415,125
2019 $42,625 $3,719,353 $1,375,861 $2,343,492
2018 $42,268 $3,646,426 $1,348,884 $2,297,542
2016 $39,900 $3,504,833 $1,296,506 $2,208,327
2015 $39,489 $3,452,188 $1,277,032 $2,175,156
2014 $38,890 $3,384,565 $1,252,017 $2,132,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22239665

California Regional Multiple Listing Service (CRMLS)

APN: 7544-017-008