NOT LISTED FOR SALE

Estimated Value: $3,221,000 - $4,098,000

6 Beds
6 Baths
4,500 Sq Ft
$810/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $2,550,000 $567 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $21,939/month

12 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Private Pool
  • Vista Grande Elementary Rated A+
  • Community Stables
  • Primary Bedroom Suite

About This Home

As of March 2022

Sometimes, it's all about the VIEW. 180 degrees of ocean, as well as Malibu coastline in the distance. Located on a quiet cul-de-sac, this one of a kind, custom home features a striking living room with a fireplace, walls of glass and an expansive balcony to enjoy the commanding views. The dramatic entry also provides access to two guest bedrooms, a family room, formal dining room and an updated kitchen. Venture just off the kitchen to the sparkling pool and spa with a pool deck overlooking the views. Take the spiral staircase down where you’ll find four more bedrooms, including the dramatic primary-suite with fireplace, walk-in closet and private bathroom with spa tub. Last, but certainly not least, don’t miss the separate studio apartment with three-quarter bath and kitchenette! Hardwood floors, an attached, 3-car garage, and those views….

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 01/27/2022

Vista Sotheby's International Realty

Last Buyer's Agent

XUANLI WANG

Real Brokerage Technologies License #02033774

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,229

Year Built

  • Built in 1985

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 14 / 14
  • Tax Tract Number 30910
  • Assessor Parcel Number 7543047019

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,229

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543047019
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4500.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 6
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 566.67
  • Room Type: Family Room, Living Room, Master Suite
  • Spa Features: Private

Exterior Features

  • View: Coastline, Ocean, Panoramic
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Hiking, Horse Trails, Stable(s)

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 15810.00
  • Lot Size Acres: 0.3629
  • Latitude Manual: 33.77834400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15810.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 6703.26
  • Tax Lot: 14
  • Tax Tract Number: 30910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 14, 2022
Sold by
Catherine E Bannerman Living Trust
Bought by
Zhang Bowei
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
XUANLI WANG
Real Brokerage Technologies
List Price
$2,499,000
Sold Price
$2,550,000
Premium/Discount to List
$51,000
2.04%
Current Estimated Value
$3,647,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,097,208
Avg. Annual Appreciation
10.73%
Original Mortgage
$1,530,000
Outstanding Balance
$1,223,058
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$2,424,150

Purchase Details

Closed on
May 15, 2006
Sold by
Bannerman Catherine and Bannerman Catherine E
Bought by
Bannerman Catherine E

Purchase Details

Closed on
Jan 7, 2005
Sold by
Vince Kelly
Bought by
Bannerman Catherine

Purchase Details

Closed on
Jul 10, 1996
Sold by
Merrill Lynch Equity Management Inc
Bought by
Vince Kelly and Bannerman Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1995
Sold by
Deleo Alfred F and Deleo Margaret H
Bought by
Merrill Lynch Equity Management Inc
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Bowei $2,550,000 Consumers Title
Bannerman Catherine E -- None Available
Bannerman Catherine -- --
Vince Kelly $909,000 First American Title Ins Co
Merrill Lynch Equity Management Inc $1,079,039 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Bowei $1,530,000
Previous Owner Vince Kelly $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $2,550,000 +2.0% $567 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $2,499,000 -- $555 / 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 $31,229 $2,706,080 $1,591,812 $1,114,268
2024 $31,229 $2,653,020 $1,560,600 $1,092,420
2023 $30,722 $2,601,000 $1,530,000 $1,071,000
2022 $29,214 $2,550,000 $1,530,000 $1,020,000
2021 $17,604 $1,424,787 $842,309 $582,478
2020 $17,376 $1,410,179 $833,673 $576,506
2019 $16,892 $1,382,529 $817,327 $565,202
2018 $16,690 $1,355,421 $801,301 $554,120
2016 $15,813 $1,302,790 $770,187 $532,603
2015 $15,641 $1,283,222 $758,619 $524,603
2014 $15,411 $1,258,086 $743,759 $514,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22016533

California Regional Multiple Listing Service (CRMLS)

APN: 7543-047-019