NOT LISTED FOR SALE

1548 Via Martinez Palos Verdes Estates, CA 90274

Estimated Value: $4,503,000 - $4,789,000

6 Beds
6.5 Baths
5,862 Sq Ft
$798/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $2,800,000 $478 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $28,884/month

155 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • Sauna
  • Gated Parking

About This Home

As of June 2018

Once in a lifetime Opportunity to own this Spectacular Estate with Luxurious Panoramic Pacific Ocean/Sunset Views in the Prestigious Monte Malaga. This home boasts 6 bedroom suites & 6.5 bathrooms with almost 6,000-sq.ft. of open living space, all with high ceilings and extensive use of natural stones. The gourmet kitchen features top quality appliances and connects to the spacious family room, formal dining room and breakfast nook leading to a terrace by the garden for BBQ/Afternoon Tea. The well portioned Master suite has a large balcony overlooking Catalina sunsets, a walk-in closet, and a luxurious master bath with a whirlpool tub for two, and a steam shower. The second suite is designed for a bedroom adjacent to a study and a bathroom behind a closed door, perfect for a diligent student or a business owner in the house. Multiple French doors access the front patio as well as the private in-ground pool and spa. Both exterior and interior of the home is newly painted with neatly landscaped lawns adding to the beautiful curb appeal. Other features include a 3-car garage, a maid's quarter, an office, dry sauna, 2 stair boxes and a 6th bedroom/suite downstairs. Excellent location w/convenient access to award-winning schools, shops and restaurants.

Last Agent to Sell the Property

Isabelle Huang

Realty One Group United License #01880878 Listed on: 12/08/2017

Realty One Group United

Last Buyer's Agent

Nazzy Daneshvar

Estate Properties License #01020469

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,648

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Lawn
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Gated Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 5,862 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • Bar
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft
  • Sauna

Kitchen

  • Walk-In Pantry
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Spa

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541022011

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • No Home Owners Association
  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,648

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3108829068
  • Other Phone Number: 3108829068
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541022011
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5862.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Granite Counters, Pantry, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 477.65
  • Room Type: Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Office, Sauna, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • View: Ocean, Panoramic
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub, Sauna
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 12451.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 11
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
May 23, 2018
Sold by
Hu Dingfang
Bought by
Rahimi Mostafa S and Rahimi Mahsa
Seller's Agent
Isabelle Huang
Realty One Group United
Buyer's Agent
Nazzy Daneshvar
Estate Properties
List Price
$2,899,000
Sold Price
$2,800,000
Premium/Discount to List
-$99,000
-3.41%
Current Estimated Value
$4,676,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,876,901
Avg. Annual Appreciation
7.47%
Original Mortgage
$1,960,000
Outstanding Balance
$1,669,252
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,007,649

Purchase Details

Listed on
Jul 26, 2015
Closed on
Sep 11, 2015
Sold by
Jian Wang
Bought by
Hu Dingfang
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Isabelle Huang
Realty One Group United
List Price
$3,250,000
Sold Price
$2,950,000
Premium/Discount to List
-$300,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.88%

Purchase Details

Listed on
Jul 26, 2015
Closed on
Sep 3, 2015
Sold by
Chen Mike P C
Bought by
Hu Dingfang
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Isabelle Huang
Realty One Group United
List Price
$3,250,000
Sold Price
$2,950,000
Premium/Discount to List
-$300,000
-9.23%
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
Rahimi Mostafa S $2,800,000 First American Title
Hu Dingfang -- Progressive Title Company
Hu Dingfang $2,950,000 Progressive
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahimi Mostafa S $500,000
Open Rahimi Mostafa S $1,960,000
Previous Owner Chen Mike P C $461,000
Previous Owner Chen Mike P C $462,000
Previous Owner Chen Mike P C $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $2,800,000 -3.4% $478 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $2,899,000 0.0% $495 / Sq Ft
02/21/2018 02/21/18 Price Changed $2,900,000 -6.5% $495 / Sq Ft
02/18/2018 02/18/18 Price Changed $3,100,000 +6.9% $529 / Sq Ft
12/08/2017 12/08/17 For Sale $2,899,000 -1.7% $495 / Sq Ft
09/28/2015 09/28/15 Sold $2,950,000 -9.2% $503 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $3,250,000 -- $554 / 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 $36,648 $3,185,916 $2,064,133 $1,121,783
2024 $36,648 $3,123,448 $2,023,660 $1,099,788
2023 $36,071 $3,062,205 $1,983,981 $1,078,224
2022 $34,299 $3,002,163 $1,945,080 $1,057,083
2021 $34,281 $2,943,298 $1,906,942 $1,036,356
2020 $33,878 $2,913,119 $1,887,389 $1,025,730
2019 $32,834 $2,856,000 $1,850,382 $1,005,618
2018 $35,436 $3,069,179 $1,681,806 $1,387,373
2016 $33,629 $2,950,000 $1,616,500 $1,333,500
2015 $28,292 $2,438,807 $1,500,807 $938,000
2014 $27,863 $2,391,035 $1,471,409 $919,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17271802

California Regional Multiple Listing Service (CRMLS)

APN: 7541-022-011