NOT LISTED FOR SALE

Estimated Value: $6,608,000 - $8,318,000

6 Beds
6.5 Baths
7,720 Sq Ft
$960/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $6,500,000 $842 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $45,659/month

17 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Gated Parking
  • Vista Grande Elementary Rated A+
  • Filtered Pool
  • 4-minute walk to George Allen Field

About This Home

As of September 2021

Behind manicured hedges and automatic iron gates stands this impressive Tuscan designed grand estate recently updated with a contemporary flair. Any entertainers dream yard and recreation area await those who love to host. Take your pick of the large game room with fireplace or indoor/outdoor cabana with wine room both looking out to the newly refinished pool and spa. Venture over to the built-in firepit with sparkling ocean views or grab some food at the U-shaped outdoor kitchen with grill, Green Egg smoker, fridge, sink and ice maker. Challenge your guests to a game of bocce ball at the built-in court, shoot hoops in the driveway, or walk down to your full size putting green with sand trap to work on your game. Escape back upstairs to the immaculately designed and decorated main level where the rounded arches and Tuscan architecture can be appreciated. Enter the home through the iron and glass double doors to the grand foyer with 20 foot tall coffered ceilings. Just down the hall you will find the updated kitchen highlighted by a massive island with soapstone countertops, seating for 6, 2nd sink and built-in wine fridge. Other features include an oversized copper hood above a Viking double-oven range, butler’s pantry, stainless steel refrigerator, and additional wall ovens. The kitchen flows into the family room crowned by coffered ceilings and 5 sets of French doors opening to an ocean view terrace that wraps around the entire main level. Also located on the main floor is the formal dining room, guest suite with access to the terrace and a powder bathroom. Upstairs you will appreciate the luxurious grand master suite with a private 480 SF deck showcasing the best ocean views on the property. The master bathroom is tastefully updated and includes a double sink vanity, jetted tub, oversized steam shower, and access to the large dressing room with center island. A junior suite, jack-and-jill bedrooms, a large office or 7th bedroom and a full size laundry room complete the upper level. Besides the large game room, the entertaining level features a 6th bedroom suite or craft room, pool bath, workshop, craft storage room and access to the 3-car garage. This beautiful estate is located across from a park and minutes from decorated Palos Verdes schools, renowned Terranea resort, 5-star golf and tennis clubs and the dramatic California coastline. Don’t miss this opportunity to call this rare property your home.

Last Agent to Sell the Property

Cameron Stearns

Compass License #01920602 Listed on: 07/08/2021

Compass

Co-Listed By

Janet Stearns

Compass License #01851243

Last Buyer's Agent

Cameron Stearns

Compass License #01920602 Listed on: 07/08/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,333

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Wrought Iron Fence
  • Stucco Fence
  • Lot Sloped Down
  • Front and Back Yard Sprinklers
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Pull-through
  • Parking Available
  • Three Garage Doors
  • Driveway
  • Gated Parking

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Canyon
  • Pool

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 7,720 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • French Mullion Window
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Game Room with Fireplace
  • Workshop
  • Storage
  • Smart Home

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Heated Spa

Outdoor Features

  • Living Room Balcony
  • Wrap Around Porch
  • Patio
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Montemalaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 6
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541036006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,333

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Cell
  • Other Phone Number: 424-241-3311
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541036006
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7720.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Copper Plumbing Full, Crown Molding, Granite Counters, High Ceilings, Home Automation System, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, Separated
  • Fireplace Features: Bonus Room, Family Room, Game Room, Living Room, Master Bedroom, Gas, Gas Starter, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 841.97
  • Room Type: All Bedrooms Up, Dressing Area, Formal Entry, Foyer, Game Room, Great Room, Jack & Jill, Laundry, Library, Living Room, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar, Workshop
  • Spa Features: Private, Heated
  • Window Features: Custom Covering, Drapes, French/Mullioned
  • Bathroom Features: Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Canyon, Catalina, Ocean, Panoramic, Pool
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Patio And Porch Features: Covered, Patio, Rear Porch, Terrace, Wrap Around
  • Pool Features: Private, Filtered, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Three Door, Gated, Pull-through
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Trash Compactor, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Sloped Down, Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 20090.00
  • Lot Size Acres: 0.4612

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20090.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 6703.26
  • Tax Lot: 6
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 2, 2021
Sold by
Wilken Family Trust and Wilken Brooke D
Bought by
Moll Revocable Trust and Moll
Seller's Agent
Cameron Stearns
Compass
Buyer's Agent
Cameron Stearns
Compass
List Price
$6,500,000
Sold Price
$6,500,000
Current Estimated Value
$7,412,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,326
Avg. Annual Appreciation
3.32%
Original Mortgage
$3,000,000
Interest Rate
1.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Shaikh Mohammad Yousuf
Bought by
Wilken Daniel R and Wilken Brooke D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Shaikh Nayyar Y
Bought by
Shaikh Mohammad Yousef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
Shaikh Mohammad Yousef
Bought by
Shaikh Mohammad Yousef and Shaikh Nayyar Y

Purchase Details

Closed on
Apr 21, 2000
Sold by
Shaikh Nayyar
Bought by
Shaikh Mohammad Yousef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
8.22%

Purchase Details

Closed on
Mar 13, 2000
Sold by
Pomona College
Bought by
Shaikh Mohammad Yousef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
8.22%

Purchase Details

Closed on
Jul 27, 1999
Sold by
First Interstate Bank Of Ca Tr and Richard C
Bought by
Pomona College
Source: Public Records

Range of Values:

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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
Moll David R $6,500,000 Progressive Title
Wilken Daniel R $3,350,000 Lawyers Title
Shaikh Mohammad Yousef -- Fidelity National Title
Shaikh Mohammad Yousef -- Lawyers Title Company
Shaikh Mohammad Yousef -- Old Republic Title
Shaikh Mohammad Yousef $825,000 Old Republic Title Company
Pomona College -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moll David R $3,000,000
Previous Owner Wilken Daniel R $1,200,000
Previous Owner Shaikh Mohammad Yousef $1,980,000
Previous Owner Shaikh Mohammad Yousef $412,500
Closed Wilken Daniel R $500,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $6,500,000 0.0% $842 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $6,500,000 0.0% $842 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $6,500,000 -- $842 / 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 $76,333 $6,897,851 $4,457,073 $2,440,778
2024 $76,333 $6,762,600 $4,369,680 $2,392,920
2023 $75,215 $6,630,000 $4,284,000 $2,346,000
2022 $71,410 $6,500,000 $4,200,000 $2,300,000
2021 $49,521 $4,329,056 $1,609,701 $2,719,355
2019 $47,404 $4,200,656 $1,561,957 $2,638,699
2018 $47,063 $4,118,291 $1,531,331 $2,586,960
2016 $44,679 $3,958,374 $1,471,868 $2,486,506
2015 $44,222 $3,898,917 $1,449,760 $2,449,157
2014 $43,550 $3,822,544 $1,421,362 $2,401,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21128684

California Regional Multiple Listing Service (CRMLS)

APN: 7541-036-006