1541 Addison Rd Palos Verdes Estates, CA 90274
Estimated Value: $3,638,000 - $4,242,000
4
Beds
3
Baths
2,871
Sq Ft
$1,331/Sq Ft
Est. Value
Highlights
- Ocean View
- Golf Course Community
- Fireplace in Primary Bedroom
- Lunada Bay Elementary School Rated A+
- Updated Kitchen
- Wood Flooring
About This Home
As of September 2021Located on one of the most desirable Lunada Bay/Margate streets, this completely renovated, one-of-a-kind Tudor style home features 4 bedrooms and 3 baths in the main house and a multipurpose room with bath (not included in the square footage) above a two-car detached garage. This exceptional home showcases ocean views from the second floor rooms and is located only two blocks from the Paseo Del Mar cliffs, walking trails and a panoramic Queen’s Necklace view. Practically everything in the house is new, including the roof, solar panels, windows, air conditioning, wood flooring, tankless water heater, plumbing, sewer, electrical and more. The owners fashioned this home to make it bright, open, and easy flowing. Special features include vaulted ceilings, a brand new chef’s kitchen, and a spacious living room with fireplace & an adjoining bonus area that would make a fantastic office space. Perhaps the most extraordinary feature of this home though is its remarkable curb appeal. The lot measures 9,300 square feet, with separate seating areas, putting green, a large front flagstone porch and mature trees and gardens. There is a sense of serenity inside and outside this unique home. As one of the original homes on the peninsula, this 1935 charmer is within a one-mile distance from three highly rated Palos Verdes schools and a short walking distance to the Little League field.
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #00578697 Listed on: 06/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,080
Year Built
- Built in 1935 | Remodeled
Lot Details
- 7,720 Sq Ft Lot
- Landscaped
- Level Lot
- Lawn
- Garden
- Back and Front Yard
- Property is zoned PVR1*
Parking
- 2 Car Garage
- Driveway
- On-Street Parking
Home Design
- Turnkey
Interior Spaces
- 2,871 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Bonus Room with Fireplace
- Wood Flooring
- Ocean Views
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- More Than Two Accessible Exits
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 10 / 1273
- Tax Tract Number 6781
- Assessor Parcel Number 7541008010
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Aug 17, 2021
Sold by
Curtis Tamsyn
Bought by
Curtis Simon
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
David Solomon
Douglas Elliman of California, Inc.
List Price
$3,300,000
Sold Price
$3,300,000
Total Days on Market
39
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
$520,154
Avg. Annual Appreciation
3.21%
Original Mortgage
$1,500,000
Outstanding Balance
$1,385,546
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,328,034
Purchase Details
Listed on
Jun 18, 2021
Closed on
Jul 30, 2021
Sold by
Mansour Ryan M and Mansour Courtney
Bought by
Curtis Simon B
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
David Solomon
Douglas Elliman of California, Inc.
List Price
$3,300,000
Sold Price
$3,300,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,385,546
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,328,034
Purchase Details
Closed on
Dec 4, 2019
Sold by
Mansour Ryan M
Bought by
Mansour Ryan M and Mansour Courtney
Purchase Details
Listed on
Jan 11, 2016
Closed on
Apr 7, 2016
Sold by
Mansour Nadim Ned
Bought by
Mansour Ryan M
Seller's Agent
Joy Kun
Big Block Realty, Inc
Buyer's Agent
Timothy Hurley
Berkshire Hathaway HomeService
List Price
$2,199,875
Sold Price
$1,750,000
Premium/Discount to List
-$449,875
-20.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$1,000,000
Interest Rate
3.71%
Mortgage Type
Unknown
Purchase Details
Listed on
Jan 11, 2016
Closed on
Jan 20, 2016
Sold by
Murray Dennis Patrick
Bought by
Mansour Family Trust
Seller's Agent
Joy Kun
Big Block Realty, Inc
Buyer's Agent
Timothy Hurley
Berkshire Hathaway HomeService
List Price
$2,199,875
Sold Price
$1,750,000
Premium/Discount to List
-$449,875
-20.45%
Purchase Details
Closed on
Feb 15, 2007
Sold by
Bassett Kimbrough S
Bought by
Murray Dennis Patrick and Bassett Diane Moran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 1999
Sold by
Bassett Carole G
Bought by
Bassett Kimbrough S and Bassett Carole G
Similar Homes in Palos Verdes Estates, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Curtis Simon | -- | Pacific Coast Title Co | |
| Curtis Simon B | $3,300,000 | Pacific Coast Title | |
| Mansour Ryan M | -- | None Available | |
| Mansour Ryan M | -- | Equity Title | |
| Mansour Family Trust | $1,750,000 | Ticor Title | |
| Murray Dennis Patrick | $1,260,000 | Accommodation | |
| Bassett Kimbrough S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Curtis Simon B | $1,500,000 | |
| Closed | Curtis Simon B | $1,500,000 | |
| Previous Owner | Mansour Ryan M | $1,000,000 | |
| Previous Owner | Mansour Ryan M | $600,000 | |
| Previous Owner | Mansour Ryan M | $275,000 | |
| Previous Owner | Murray Dennis Patrick | $945,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2021 09/09/21 | Sold | $3,300,000 | 0.0% | $1,149 / Sq Ft |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- |
| 06/18/2021 06/18/21 | For Sale | $3,300,000 | +88.6% | $1,149 / Sq Ft |
| 02/09/2016 02/09/16 | Sold | $1,750,000 | -9.8% | $608 / Sq Ft |
| 01/28/2016 01/28/16 | Pending | -- | -- | -- |
| 01/15/2016 01/15/16 | Price Changed | $1,939,845 | -11.8% | $674 / Sq Ft |
| 01/11/2016 01/11/16 | For Sale | $2,199,875 | -- | $764 / 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 | $39,080 | $3,433,320 | $2,392,920 | $1,040,400 |
| 2023 | $38,456 | $3,366,000 | $2,346,000 | $1,020,000 |
| 2022 | $36,517 | $3,300,000 | $2,300,000 | $1,000,000 |
| 2021 | $23,012 | $1,975,875 | $1,500,044 | $475,831 |
| 2020 | $30,213 | $1,955,615 | $1,484,663 | $470,952 |
| 2019 | $28,907 | $1,857,112 | $1,455,552 | $401,560 |
| 2018 | $28,770 | $1,820,699 | $1,427,012 | $393,687 |
| 2016 | $3,377 | $171,027 | $75,781 | $95,246 |
| 2015 | $3,327 | $168,459 | $74,643 | $93,816 |
| 2014 | $3,285 | $165,160 | $73,181 | $91,979 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Kooba
Seller's Agent in 2021
Gary Kooba
Vista Sotheby’s International Realty
(310) 722-2007
14 in this area
118 Total Sales
-
David Solomon
Buyer's Agent in 2021
David Solomon
Douglas Elliman of California, Inc.
(310) 633-4922
1 in this area
169 Total Sales
-
Anna Solomon
Buyer Co-Listing Agent in 2021
Anna Solomon
Douglas Elliman of California, Inc.
(310) 866-9306
1 in this area
172 Total Sales
-
J
Seller's Agent in 2016
Joy Kun
Big Block Realty, Inc
-
T
Buyer's Agent in 2016
Timothy Hurley
Berkshire Hathaway HomeService
-
Buyer Co-Listing Agent in 2016
Laurie Hurley
Berkshire Hathaway HomeService
(310) 994-7250
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21130875
APN: 7541-008-010
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