NOT LISTED FOR SALE

Estimated Value: $7,473,973 - $7,958,000

7 Beds
7.5 Baths
8,295 Sq Ft
$934/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $6,600,000 $796 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $49,788/month

92 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • 0.48 Acre Lot
  • Montemalaga Elementary School Rated A+
  • Gated Parking
  • 1-minute walk to George Allen Field

About This Home

As of February 2022

As you go through the iron gates and manicured hedges, you arrive at the elegant large doors into a gorgeous rotunda and view in this Palos Verdes Estates home. The home has sweeping views of the coastline up to Malibu and a great floor plan for entertaining. This home is situated on a large lot across from a park and has over 8,200 SF of living space, this estate features 7 bedrooms all with an attached bathroom and walk-in closet. Large doors & windows bring in gorgeous natural light throughout the home. The entry-level is designed to greet your family and guests with expansive and welcoming areas for entertaining events of all kinds. Whether it be a large social gathering or a small dinner party this home and floor plan is perfect. This main level includes a living room, dining room, family room (including a bar), and large kitchen, Thermador gas stove.It also has a home office, two guest rooms, and two and a half bathrooms. The foyer, family room, and kitchen open into the outdoor patio, a true entertainer's dream yard, enjoy the pool with family, or host a large gathering, this backyard space is perfect. The entire outdoor space offers a beautiful 180-degree view of the coastline. The double sweeping staircases leading up from the foyer lead you to the private area. The resort-like master suite awaits you behind double doors and features a private balcony, two closets, and a bonus room perfect for an office. There are an additional four large bedrooms, 3 with private bathrooms & balconies, and an adjacent large family room. conveniently located near award-winning Palos Verdes schools, outstanding golf courses, and the world-famous Terranea Resort. First time on the market in 20 years. Don't miss this wonderful family view home!

Last Agent to Sell the Property

Ram Handa

Hilton & Hyland License #02069586 Listed on: 09/28/2021

Hilton & Hyland

Last Buyer's Agent

Charles Le

eXp Realty of California Inc License #01261943

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,829

Year Built

  • Built in 1997

Lot Details

  • 0.48 Acre Lot
  • Property is zoned PVR1*

Parking

  • 3 Car Garage
  • Driveway
  • Gated Parking
  • On-Street Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 8,295 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • French Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Granite Bathroom Countertops
  • Bathtub with Shower

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • Balcony
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7541-024-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,829

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 8295
  • Lot Acreage: 0.4751
  • Stories: 2
  • Year Built: 1997
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Bar, Wet Bar
  • Fireplace Rooms: Living Room, Family Room, Master Bedroom, Gas
  • Flooring: Marble, Hardwood
  • Bedrooms: 7
  • Fireplaces: 3
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Retreat, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub, Granite
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Family Kitchen, Kitchen Island
  • Kitchen Features: Pantry, Island, Counter Top
  • Laundry: Laundry Area
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Microwave, Dishwasher, Built-Ins, Freezer, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 831.83
  • Windows: Skylights

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), French Doors
  • Other Structures: None
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Roof: Tile
  • Spa: In Ground, Heated, Private
  • Spa Yn: Yes
  • View: Water, Ocean, Catalina, Panoramic, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Gated, Garage Is Attached, Garage - 3 Car, On street, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palos Verdes Peninsula

Lot Info

  • Assessor Parcel Number: 7541-024-005
  • Lot Size Area: 20696

MLS Schools

  • School District: Palos Verdes Peninsula

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Jan 25, 2022
Sold by
Thi Vo Thieu Minh
Bought by
Dien Hiep Quang
Seller's Agent
Ram Handa
Hilton & Hyland
Buyer's Agent
Charles Le
eXp Realty of California Inc
List Price
$6,900,000
Sold Price
$6,600,000
Premium/Discount to List
-$300,000
-4.35%
Total Days on Market
92
Current Estimated Value
$7,750,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,150,743
Avg. Annual Appreciation
4.24%
Original Mortgage
$3,300,000
Outstanding Balance
$3,104,739
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$4,465,048

Purchase Details

Listed on
Sep 28, 2021
Closed on
Jan 24, 2022
Sold by
Jivrajka Family Trust
Bought by
Dien Hiep Quang
Seller's Agent
Ram Handa
Hilton & Hyland
Buyer's Agent
Charles Le
eXp Realty of California Inc
List Price
$6,900,000
Sold Price
$6,600,000
Premium/Discount to List
-$300,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Outstanding Balance
$3,104,739
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$4,465,048

Purchase Details

Closed on
Jul 2, 2003
Sold by
Jivrajka Vinod B
Bought by
Jivrajla Vinod B and Jivrajka Jayashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Jivrajka Vinod B
Bought by
Jivrajka Vinod B and Jivrajka Jayashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Jivrajka Vinod B
Bought by
Jivrajka Vinod B and Jivrajka Jayashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
5.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2000
Sold by
Jivrajka Vinod
Bought by
Jivrajka Vinod B and Jivrajka Jayashree

Purchase Details

Closed on
Dec 18, 1995
Sold by
Pomona College
Bought by
Jivrajka Vinod and Jivrajka Jayashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1995
Sold by
Seaver Richard C
Bought by
Pomona College
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 Buyer Sale Price Title Company
Dien Hiep Quang -- Lawyers Title
Dien Hiep Quang $6,600,000 Lawyers Title
Jivrajla Vinod B -- First American Title Ins Co
Jivrajka Vinod B -- First American Title Co
Jivrajka Vinod B -- First American Title Ins Co
Jivrajka Vinod B -- --
Jivrajka Vinod $729,000 Old Republic Title Company
Pomona College $600,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dien Hiep Quang $3,300,000
Previous Owner Jivrajka Vinod B $892,000
Previous Owner Jivrajka Vinod B $905,000
Previous Owner Jivrajka Vinod B $905,000
Previous Owner Jivrajka Vinod B $1,000,001
Previous Owner Jivrajka Vinod B $681,000
Previous Owner Jivrajka Vinod $500,000
Previous Owner Jivrajka Vinod $1,300,000
Previous Owner Jivrajka Vinod $364,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $6,600,000 -4.3% $796 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/29/2021 12/29/21 For Sale $6,900,000 +4.5% $832 / Sq Ft
12/28/2021 12/28/21 Off Market $6,600,000 -- --
09/28/2021 09/28/21 For Sale $6,900,000 -- $832 / Sq Ft
Source: The MLS

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
2024 $77,829 $6,866,640 $4,161,600 $2,705,040
2023 $76,695 $6,732,000 $4,080,000 $2,652,000
2022 $30,796 $2,594,126 $1,141,215 $1,452,911
2021 $30,750 $2,543,262 $1,118,839 $1,424,423
2020 $30,353 $2,517,185 $1,107,367 $1,409,818
2019 $29,493 $2,467,829 $1,085,654 $1,382,175
2018 $29,174 $2,419,441 $1,064,367 $1,355,074
2016 $27,638 $2,325,493 $1,023,038 $1,302,455
2015 $27,344 $2,290,563 $1,007,672 $1,282,891
2014 $26,932 $2,245,695 $987,934 $1,257,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-787654

The MLS

APN: 7541-024-005