NOT LISTED FOR SALE

1528 Via Martinez Palos Verdes Estates, CA 90274

Estimated Value: $3,991,074 - $4,563,000

5 Beds
5.5 Baths
4,542 Sq Ft
$939/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $2,975,000 $655 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $26,612/month

15 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

This elegant 5 bedroom 5 ½ bath Mediterranean masterpiece offers an outstanding open floor plan, ocean views, pool & spa, gated frontage, an elevator, + 3-car garage! Located on a flat street in the prestigious Montemalaga area. Stunning upon entry, this home has a grand, yet warm and welcoming feeling, with soaring ceilings and a dramatic circular staircase with custom wrought iron railings. This truly timeless home is built with high quality craftsmanship & materials throughout. Ocean views from the living room, den, master bdrm + 2nd master! All bedrooms have private full baths. Exquisite living room has wood beamed ceilings, wood-burning fireplace, & tall French doors to the front yard. The den has fireplace & French doors to the yard too! Large gourmet kitchen opens to the family room and has a sunny breakfast nook, walk-in pantry w/wine fridge, big island, built in desk area, double ovens, and 48” Viking cooktop. Lovely formal dining room has 8’ coved ceilings. The welcoming family room has wood beamed ceilings, fireplace, + French doors to the rear patio & yard! Big master suite features romantic fireplace, French doors to view balcony, huge walk-in closet, & master bath with jacuzzi tub, separate shower, dual vanities, & make up counter. 1 Bedroom + full bath on main floor. Big laundry room. Custom elevator in terrific location. Charming patio w/built-in BBQ. Beautiful mahogany wood floors in LR, DR, staircase, + upstairs halls. Dual heater & A/C. Newer exterior paint

Last Agent to Sell the Property

Karen Lucas

Estate Properties License #01049036 Listed on: 07/02/2020

Estate Properties

Last Buyer's Agent

Mingli Wang

Keller Williams License #01866566

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,593

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 4,542 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Beamed Ceilings
  • Coffered Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Ocean Views
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Montemalaga Elementary School
  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 3
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541022016

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,593

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Norm's cell
  • Other Phone Number: 310-809-8815
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Wired for Alarm System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541022016
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4542.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Beamed Ceilings, Coffered Ceiling(s), Copper Plumbing Full, Elevator, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Two Story Ceilings, Vacuum Central, Wired for Sound
  • Stories: 2
  • Entry Location: 1st floor ground level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook
  • Fireplace Features: Den, Dining Room, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 655.00
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, In Ground
  • Bathroom Features: Double Sinks In Master Bath, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Ocean, Water
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Patio And Porch Features: Patio
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Montemalaga
  • High School: Palos Verdes
  • Elementary School: Montemalaga
  • High School: Palos Verdes
  • Elementary School #2: MONTEM
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 11257.00
  • Lot Size Acres: 0.2584
  • Latitude Manual: 33.78489600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11257.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6703.26
  • Tax Lot: 16
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 10, 2020
Sold by
Atkinson Jack H
Bought by
Doush Zinc Llc
Seller's Agent
Karen Lucas
Estate Properties
Buyer's Agent
Mingli Wang
Keller Williams
List Price
$2,999,000
Sold Price
$2,975,000
Premium/Discount to List
-$24,000
-0.8%
Current Estimated Value
$4,266,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,291,519
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Atkinson Jack H
Bought by
Atkinson Virginia G

Purchase Details

Listed on
Oct 21, 2013
Closed on
Feb 10, 2014
Sold by
Atkinson Jack H
Bought by
Atkinson Jack H and Atkinson Virginia G
Seller's Agent
Sholeh Yarjani
Berkshire Hathaway HomeService
Buyer's Agent
Pamela Lieb
Pamela Lieb, Broker
List Price
$2,890,000
Sold Price
$2,875,000
Premium/Discount to List
-$15,000
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$1,999,999
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 21, 2013
Closed on
Dec 2, 2013
Sold by
Abjelina Kenneth T
Bought by
Atkinson Jack H and Atkinson Virginia G
Seller's Agent
Sholeh Yarjani
Berkshire Hathaway HomeService
Buyer's Agent
Pamela Lieb
Pamela Lieb, Broker
List Price
$2,890,000
Sold Price
$2,875,000
Premium/Discount to List
-$15,000
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 2012
Sold by
Abjelina Kenneth T and Abjelina Angelli A
Bought by
Abjelina Kenneth T and Abjelina Angelli A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Abjelina Kenneth T and Abjelina Angelli A
Bought by
Abjelina Kenneth T and Abjelina Angelli A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Triple R Llc
Bought by
Abjelina Kenneth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Chhabria Raju
Bought by
Triple R Llc

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
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Seaver Richard C
Bought by
Pomona College
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
Doush Zinc Llc $2,975,000 Progressive Title
Atkinson Jack H -- Progressive Title
Atkinson Virginia G -- None Available
Atkinson Jack H -- None Available
Atkinson Jack H -- None Available
Atkinson Jack H -- Ticor Title
Atkinson Jack H $2,875,000 Ticor Title Company
Abjelina Kenneth T -- Fatcola
Abjelina Kenneth T -- Fatcola
Abjelina Kenneth T -- Fidelity National Title
Abjelina Kenneth T -- Fidelity National Title
Abjelina Kenneth T $1,995,000 Lawyers Title Company
Triple R Llc -- --
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 Atkinson Jack H $1,999,999
Previous Owner Atkinson Jack H $575,000
Previous Owner Abjelina Kenneth T $625,000
Previous Owner Abjelina Kenneth T $500,000
Previous Owner Abjelina Kenneth T $725,000
Previous Owner Abjelina Kenneth T $729,250
Previous Owner Abjelina Kenneth T $1,000,000
Previous Owner Triple R Llc $1,074,000
Previous Owner Fadel Rachid Abou $335,000
Closed Abjelina Kenneth T $596,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $2,975,000 -0.8% $655 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $2,999,000 +4.3% $660 / Sq Ft
12/27/2013 12/27/13 Sold $2,875,000 -0.5% $633 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $2,890,000 -- $636 / 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 $36,593 $3,220,233 $2,121,457 $1,098,776
2024 $36,593 $3,157,092 $2,079,860 $1,077,232
2023 $36,011 $3,095,189 $2,039,079 $1,056,110
2022 $34,222 $3,034,500 $1,999,098 $1,035,402
2021 $34,202 $2,975,000 $1,959,900 $1,015,100
2020 $37,174 $3,265,724 $1,604,784 $1,660,940
2019 $36,061 $3,201,691 $1,573,318 $1,628,373
2018 $35,836 $3,138,914 $1,542,469 $1,596,445
2016 $34,036 $3,017,028 $1,482,574 $1,534,454
2015 $33,688 $2,932,442 $1,460,305 $1,472,137
2014 $32,765 $2,875,000 $1,431,700 $1,443,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20123159

California Regional Multiple Listing Service (CRMLS)

APN: 7541-022-016