NOT LISTED FOR SALE

1520 Via Montemar Palos Verdes Estates, CA 90274

Estimated Value: $2,477,000 - $2,849,000

3 Beds
3 Baths
2,211 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $2,255,000 $1,020 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $16,683/month

5 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Property is near a park

About This Home

As of July 2020

Beautifully remodeled ONE-LEVEL home in sought after Malaga Cove neighborhood with PANORAMIC OCEAN and MALIBU COASTLINE views! This house was renovated from the studs, almost like a new home. 3 bedrooms, 3 bathrooms with 2 suites. New drywall, new insulation, new plumbing, new electrical, new floors, new windows, new kitchen with Caesarstoine countertops, expensive marble with mother of pearl inlay backsplash, new appliances including a built-in refrigerator, new recessed lighting, new bathrooms and new heating and A/C systems. Living room with a large picture window to capture the ultimate ocean views! Kitchen is open to the living room and dining area, so you can also enjoy the beautiful ocean view from the kitchen and dining area. Spacious expended master bedroom with a large picture window facing the ocean. Plantation wood shutters throughout. The second bedroom is also a suite with its own bathroom. Laundry room inside. An additional 227 sqft den/office area was added to the original house with French doors open to a sitting patio in the back. Two-tiered grassy backyards. Over-sized 2-car garage. A great home for people who like to downsize to an one-level home!

Last Agent to Sell the Property

Jackie Wang-Dojiri

Estate Properties License #01097324 Listed on: 07/04/2020

Estate Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,951

Year Built

  • Built in 1955

Lot Details

  • 8,133 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Brick Fence
  • Fence is in good condition
  • Drip System Landscaping
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic

Interior Spaces

  • 2,211 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Den

Kitchen

  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 21 / 1433
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540019022

Community Details

Overview

  • Property has a Home Owners Association
  • Pve Home Association, Phone Number (310) 373-6721

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,951

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540019022
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2211.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1019.90
  • Room Type: All Bedrooms Down, Den, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Two Masters, Walk-In Closet

Exterior Features

  • View: Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Block, Brick, Good Condition, Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: PVE Home Association
  • Phone: 310-373-6721
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Gutters, Park, Watersports, Storm Drains

Schools

  • School District: Palos Verdes / LAUSD – inquire

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Landscaped, Lawn, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 8133.00
  • Lot Size Acres: 0.1867

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8133.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1433
  • Tax Census Tract: 6703.26
  • Tax Lot: 21
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Jul 24, 2020
Sold by
Nicholson Jewel
Bought by
Stewart Mary Foster
Seller's Agent
Jackie Wang-Dojiri
Estate Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,195,000
Sold Price
$2,255,000
Premium/Discount to List
$60,000
2.73%
Current Estimated Value
$2,802,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,478
Avg. Annual Appreciation
4.22%

Purchase Details

Listed on
Aug 31, 2019
Closed on
Sep 18, 2019
Sold by
Lockwood Ronald L and Garcia Lockwood Rosa M
Bought by
Nicholson Jewel
Seller's Agent
Alexa Hoyt
Coldwell Banker Realty
Buyer's Agent
Jackie Wang-Dojiri
Estate Properties
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.34%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Kong Raymond
Bought by
Lockwood Ronald L and Garcia Lockwood Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,400
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Stewart Mary Foster $2,200,000 Ticor Title Company
Nicholson Jewel $1,250,000 Ticor Title
Lockwood Ronald L $628,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lockwood Ronald L $610,000
Previous Owner Lockwood Ronald L $225,000
Previous Owner Lockwood Ronald L $474,000
Previous Owner Lockwood Ronald L $502,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $2,255,000 +2.7% $1,020 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $2,195,000 +75.6% $993 / Sq Ft
10/03/2019 10/03/19 Sold $1,250,000 -10.4% $630 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $1,395,000 -- $703 / 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 $16,951 $2,381,349 $2,164,864 $216,485
2024 $16,951 $1,401,481 $1,179,420 $222,061
2023 $16,630 $1,374,002 $1,156,295 $217,707
2022 $15,825 $1,347,062 $1,133,623 $213,439
2021 $15,222 $1,262,950 $1,111,396 $151,554
2020 $15,020 $1,250,000 $1,100,000 $150,000
2019 $10,900 $882,558 $706,052 $176,506
2018 $10,760 $865,254 $692,208 $173,046
2016 $10,205 $831,657 $665,330 $166,327
2015 $10,093 $819,166 $655,337 $163,829
2014 $9,948 $803,120 $642,500 $160,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20130237

California Regional Multiple Listing Service (CRMLS)

APN: 7540-019-022