$2,315,550
SOLD DEC 31, 2019
5 Beds
4 Baths
4,295 Sq Ft
0.35 Acres

Recently Sold

$539 Per Sq Ft

3% Below List Price

25 Days on Market

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 2019

Perched 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

Greg Geilman

DOMO Real Estate License #01788567 Listed on: 07/05/2019

Co-Listed By

Robert Freedman

DOMO Real Estate License #00711607

Last Buyer's Agent

Lisa Gipe

Compass License #02027005

Compass

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,302

Year Built

Built in 1978

Lot Details

0

Parking

3

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: 7543043027
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4295.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 539.13
  • Room Type: Basement, Entry, Family Room, Foyer, Kitchen, Laundry, Living Room, Master Suite, Separate Family Room, Walk-In Closet

Exterior Features

  • View: Canyon, Catalina, City Lights, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • 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: Curbs, Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15058.00
  • Lot Size Acres: 0.3457

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15058.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 7
  • Tax Tract Number: 30910

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%
Current Estimated Value
$3,711,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,395,958
Avg. Annual Appreciation
8.69%
Original Mortgage
$1,852,440
Outstanding Balance
$1,643,313
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,068,195

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
$1,643,313
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,068,195

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $2,316,000 Progressive Title Company
Grant Deed $2,100,000 Wfg National Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,200,000 Commonwealth Title Co
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,852,440 New Conventional
Previous Owner $395,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $500,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $542,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $542,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
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

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 $29,302 $2,532,331 $1,810,418 $721,913
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19156591

California Regional Multiple Listing Service (CRMLS)

APN: 7543-043-027