NOT LISTED FOR SALE

1524 Via Martinez Palos Verdes Estates, CA 90274

Estimated Value: $4,204,834 - $6,928,000

5 Beds
5.5 Baths
4,398 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $2,525,000 $574 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $30,985/month

25 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Montemalaga Elementary School Rated A+
  • Wood Flooring
  • 5-minute walk to George Allen Field

About This Home

As of June 2012

This Monte Malaga masterpiece, elegantly designed by Tony Ashai Architect. Built with the highest quality materials and craftsmanship.
This Mediterranean Estate gated property boasts ocean views (across from city park) featuring an elegant double door entry, circular staircase, huge floor plan, formal living room with fireplace, formal dining room, spacious family room and library - both with fireplace. Large state-of-the-art gourmet kitchen with Butler's room and walk-in pantry. Master suite with fireplace, balcony, walk-in closet and luxurious private master bath with Jacuzzi tub and separate glass shower. All bedrooms include own bathroom and closet. One bedroom downstairs can be used as in-laws quarters. Separate laundry room includes custom cabinets and wash basin. Lush manicured grounds with room for pool. Three car attached garage with additional parking on long driveway. Desirable location!

Last Agent to Sell the Property

Nazzy Daneshvar

Estate Properties License #01020469 Listed on: 05/07/2012

Estate Properties

Last Buyer's Agent

Richard Edler

Vista Sotheby's International Realty License #01113145

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,354

Year Built

  • Built in 2002

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 4,398 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Drapes & Rods
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Den
  • Library with Fireplace
  • Ocean Views
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / 3
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541022017

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,354

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System, Wired for Alarm System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541022017
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4398.00
  • Interior Amenities: Balcony, Crown Molding, Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Nook, Dining Ell, Dining Room
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 574.12
  • Room Type: Den, Dressing Area, Entry, Family Room, Foyer, Library, Living Room, Master Bedroom, Walk-In Pantry, Walk-In Closet
  • Window Features: Drapes, Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Ocean
  • Pool Private: No
  • Roof: Clay

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Convection Oven, Dishwasher, Freezer, Disposal, Microwave, Oven, Refrigerator, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 11263.00
  • Lot Size Acres: 0.2590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11263.0000 Square Feet

Tax Info

  • Tax Block: 3
  • Tax Lot: 17
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
He Yaping and Mao Mi
Bought by
Mao Mi
Total Days on Market
25
Current Estimated Value
$4,984,209

Purchase Details

Closed on
Feb 1, 2013
Sold by
Takach Csaba and Takach Maria
Bought by
He Yaping and Mao Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 7, 2012
Closed on
Jun 15, 2012
Sold by
Asgari Mohsen
Bought by
Takach Csaba and Takach Maria
Seller's Agent
Nazzy Daneshvar
Estate Properties
Buyer's Agent
Richard Edler
Vista Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,525,000
Premium/Discount to List
-$225,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Dec 31, 2004
Sold by
Asgari Mohsen
Bought by
Asgari Mohsen

Purchase Details

Closed on
Dec 4, 2002
Sold by
Triple R Llc
Bought by
Asgari Mohsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Asgari Nazanin
Bought by
Asgari Mohsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Fadel Rachid Abour
Bought by
Triple R Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2002
Sold by
Triple R Llc
Bought by
Aboufadel Rachid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2000
Sold by
Fadel Rachid Abou
Bought by
Triple R Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,074,000
Interest Rate
7.54%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 10, 2000
Sold by
Pomona College
Bought by
Fadel Rachid Abou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Seaver Richard C
Bought by
Pomona College
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
Mao Mi -- None Available
He Yaping $2,670,000 Lawyers Title
Takach Csaba $2,525,000 None Available
Asgari Mohsen -- --
Asgari Mohsen $2,000,000 Ltc
Asgari Mohsen -- Ltc
Triple R Llc -- Fidelity National Title
Aboufadel Rachid -- Lawyers Title Company
Triple R Llc -- Fidelity National Title Co
Fadel Rachid Abou $670,000 Old Republic Title Company
Pomona College -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner He Yaping $1,499,000
Previous Owner Asgari Mohsen $650,000
Previous Owner Asgari Mohsen $999,950
Previous Owner Aboufadel Rachid $1,050,000
Previous Owner Triple R Llc $1,074,000
Previous Owner Fadel Rachid Abou $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2012 06/25/12 Sold $2,525,000 -8.2% $574 / Sq Ft
05/07/2012 05/07/12 For Sale $2,750,000 -- $625 / 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 $37,354 $3,223,437 $1,589,265 $1,634,172
2023 $36,762 $3,160,233 $1,558,103 $1,602,130
2022 $34,937 $3,098,268 $1,527,552 $1,570,716
2021 $34,911 $3,037,518 $1,497,600 $1,539,918
2020 $34,446 $3,006,373 $1,482,244 $1,524,129
2019 $33,421 $2,947,426 $1,453,181 $1,494,245
2018 $33,232 $2,889,635 $1,424,688 $1,464,947
2016 $31,546 $2,777,428 $1,369,366 $1,408,062
2015 $31,220 $2,735,709 $1,348,797 $1,386,912
2014 $30,761 $2,682,121 $1,322,376 $1,359,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12057642

California Regional Multiple Listing Service (CRMLS)

APN: 7541-022-017