1540 Via Leon Palos Verdes Estates, CA 90274
Estimated Value: $3,360,000 - $3,878,000
5
Beds
4
Baths
4,295
Sq Ft
$842/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- 3 Car Attached Garage
- Vista Grande Elementary Rated A+
- No HOA
- Walk-In Closet
About This Home
As of December 2019Perched on a picturesque Palos Verdes hillside at the end of a cul-de-sac, this gorgeous home was transformed by Lori Dennis of HGTV, into a 4,295 square foot harmonious contemporary showplace with demur grandeur and beauty. Broad canyon views and sweeping panoramas of the Pacific Ocean from Catalina Island to Point Dune are visible from most of the large-scale living spaces. Lofty vaulted ceilings and with skylights drench the smoky white oak floors in natural light. Sleek espresso cabinets and a white island topped with white caesarstone and a complete array of stainless KitchenAid appliances highlight the kitchen. The backsplash has built-in USB ports. A pantry wall lends a large amount of storage to a breakfast nook with big ocean views. Glass railings enhance the architectural lines of the interior and exterior, and an extensive amount of deck space and hardscape play area with flagstone drive surround this home. The master bedroom has Catalina and canyon views and an opulent master bath has stone and glass tile and caesarstone counters float on the espresso cabinets. There are custom light fixtures throughout this open, airy floor plan. Stream music to wireless speakers throughout the interior and exterior of this home. The laundry room incorporates a stylish “mud room”. The 3-car garage offers plenty of storage, and there is even an outdoor shower. Security cameras offer a remote look throughout the home, making this gated estate a private oasis on the hill.
Last Agent to Sell the Property
DOMO Real Estate License #01788567 Listed on: 07/05/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,302
Year Built
- Built in 1978
Lot Details
- 0.35 Acre Lot
- Landscaped
- Property is zoned PVR1*
Parking
- 3 Car Attached Garage
Property Views
- Ocean
- Catalina
- Panoramic
- City Lights
- Canyon
Interior Spaces
- 4,295 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 4 Full Bathrooms
Additional Features
- Rain Gutters
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 30910
- Assessor Parcel Number 7543043027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2019
Closed on
Dec 30, 2019
Sold by
Gipe Adrienne and Gipe Garret
Bought by
Gipe Garrett R and Gipe Adrienne M
Seller's Agent
Greg Geilman
DOMO Real Estate
Buyer's Agent
Lisa Gipe
Compass
List Price
$2,399,000
Sold Price
$2,315,550
Premium/Discount to List
-$83,450
-3.48%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,298,865
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,852,440
Outstanding Balance
$1,657,046
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,957,369
Purchase Details
Listed on
Jul 5, 2019
Closed on
Dec 17, 2019
Sold by
Jjf Argent Dawn Llc
Bought by
Gipe Adrienne and Gipe Garret
Seller's Agent
Greg Geilman
DOMO Real Estate
Buyer's Agent
Lisa Gipe
Compass
List Price
$2,399,000
Sold Price
$2,315,550
Premium/Discount to List
-$83,450
-3.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,852,440
Outstanding Balance
$1,657,046
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,957,369
Purchase Details
Listed on
Feb 8, 2016
Closed on
May 23, 2016
Sold by
Ma Richard Kuang Tzan and Ma Linda Chung Fan
Bought by
Jjf Argent Dawn Llc
Seller's Agent
Wendy Sun
Estate Properties
Buyer's Agent
Shan Yu
Home Team Realty
List Price
$2,199,000
Sold Price
$2,100,000
Premium/Discount to List
-$99,000
-4.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Purchase Details
Closed on
Mar 12, 2013
Sold by
Ma Richard Kuang Tzan and Ma Linda Chung Fan
Bought by
Ma Richard Kuang Tzan and Ma Linda Chung Fan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2007
Sold by
Ma Richard K and Ma Linda C
Bought by
Ma Richard Kuang Tzan and Ma Linda Chung Fan
Purchase Details
Closed on
Apr 24, 2007
Sold by
Brown Ralph H and Brown Jacqueline C
Bought by
Ma Richard K and Ma Linda C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 2003
Sold by
Brown Ralph H and Brown Jacqueline C
Bought by
Brown Ralph H and Brown Jacqueline C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 5, 2002
Sold by
Brown Ralph H and Brown Jacqueline C
Bought by
Brown Ralph H and Brown Jacqueline C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 15, 1995
Sold by
Brown Jacqueline Charpentier
Bought by
Brown Ralph H and Brown Jacqueline C
Similar Homes in Palos Verdes Estates, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gipe Garrett R | -- | Accommodation | |
| Gipe Adrienne | $2,316,000 | Progressive Title Company | |
| Jjf Argent Dawn Llc | $2,100,000 | Wfg National Title Company | |
| Ma Richard Kuang Tzan | -- | Old Republic Title Company | |
| Ma Richard Kuang Tzan | -- | Old Republic Title Company | |
| Ma Richard Kuang Tzan | -- | None Available | |
| Ma Richard K | $2,200,000 | Commonwealth Title Co | |
| Brown Ralph H | -- | Equity Title | |
| Brown Ralph H | -- | Equity Title | |
| Brown Ralph H | -- | Equity Title | |
| Brown Ralph H | -- | Equity Title | |
| Brown Ralph H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gipe Adrienne | $1,852,440 | |
| Previous Owner | Ma Richard Kuang Tzan | $395,000 | |
| Previous Owner | Ma Richard Kuang Tzan | $400,000 | |
| Previous Owner | Ma Richard K | $417,000 | |
| Previous Owner | Ma Richard Kuang Tzan | $250,000 | |
| Previous Owner | Ma Richard K | $417,000 | |
| Previous Owner | Brown Ralph H | $500,000 | |
| Previous Owner | Brown Ralph H | $250,000 | |
| Previous Owner | Brown Ralph H | $200,000 | |
| Previous Owner | Brown Ralph H | $542,000 | |
| Previous Owner | Brown Ralph H | $100,000 | |
| Previous Owner | Brown Ralph H | $542,000 | |
| Previous Owner | Brown Ralph H | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2019 12/31/19 | Sold | $2,315,550 | -3.5% | $539 / Sq Ft |
| 07/30/2019 07/30/19 | Pending | -- | -- | -- |
| 07/05/2019 07/05/19 | For Sale | $2,399,000 | 0.0% | $559 / Sq Ft |
| 10/23/2017 10/23/17 | Rented | $6,000 | 0.0% | -- |
| 10/05/2017 10/05/17 | Under Contract | -- | -- | -- |
| 09/27/2017 09/27/17 | For Rent | $6,000 | 0.0% | -- |
| 05/27/2016 05/27/16 | Sold | $2,100,000 | -4.5% | $489 / Sq Ft |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- |
| 02/08/2016 02/08/16 | For Sale | $2,199,000 | 0.0% | $512 / Sq Ft |
| 02/08/2016 02/08/16 | Price Changed | $2,199,000 | +4.7% | $512 / Sq Ft |
| 02/04/2016 02/04/16 | Off Market | $2,100,000 | -- | -- |
| 09/08/2015 09/08/15 | For Sale | $2,690,000 | -- | $626 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $29,302 | $2,482,678 | $1,774,920 | $707,758 |
| 2023 | $28,820 | $2,433,999 | $1,740,118 | $693,881 |
| 2022 | $27,408 | $2,386,275 | $1,705,999 | $680,276 |
| 2021 | $27,394 | $2,339,487 | $1,672,549 | $666,938 |
| 2019 | $25,801 | $2,228,536 | $1,782,829 | $445,707 |
| 2018 | $25,623 | $2,184,840 | $1,747,872 | $436,968 |
| 2016 | $25,182 | $2,226,000 | $1,627,000 | $599,000 |
| 2015 | $25,280 | $2,226,000 | $1,627,000 | $599,000 |
| 2014 | $22,534 | $1,962,000 | $1,434,000 | $528,000 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Geilman
Seller's Agent in 2019
Greg Geilman
DOMO Real Estate
(310) 929-6495
3 in this area
313 Total Sales
-
Robert Freedman
Seller Co-Listing Agent in 2019
Robert Freedman
DOMO Real Estate
(310) 995-2412
78 Total Sales
-
Lisa Gipe
Buyer's Agent in 2019
Lisa Gipe
Compass
(714) 290-6658
48 Total Sales
-
J
Buyer's Agent in 2017
Joseph Franklin
Keller Williams Beach Cities
-
Wendy Sun
Seller's Agent in 2016
Wendy Sun
RE/MAX
(310) 544-7301
13 in this area
71 Total Sales
-
S
Buyer's Agent in 2016
Shan Yu
Home Team Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19156591
APN: 7543-043-027
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