NOT LISTED FOR SALE

1557 Via Leon Palos Verdes Estates, CA 90274

Estimated Value: $3,318,000 - $4,286,000

4 Beds
5 Baths
4,560 Sq Ft
$854/Sq Ft Est. Value

Last Sold August 21, 2012

Last sale price $2,288,000 $502 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $23,311/month

70 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • No HOA
  • Vista Grande Elementary Rated A+
  • Primary Bedroom Suite
  • Home Office

About This Home

As of August 2012

Spectacular panoramic ocean and city views from this California Contemporary style home. Featuring 4 BD & 3BA with 2 powder rooms plus office / study; and 4,560 SF living space. Entry hall opens to formal living and dining rooms. Kitchen with breakfast eat area with sliding door to a deck overlooking city and ocean views. Huge master bedroom with ample walk-in closet space and a deck. Office/ study off the living room. Family room with fireplace with sliding doors that lead out to large deck and pool/spa overlooking sweeping views of the ocean and city lights. Other features include 3-car garage, 2 fireplaces, wine storage, high vaulted ceilings as well as windows and glass sliding doors throughout to maximise the view, landscaped front yard and laundry room. Views can be enjoyed from almost every room! Built 1978 on a 16,732 SF lot! Completely upgraded and move-in ready home.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 04/16/2012

Last Buyer's Agent

Pi-Yu Liao

Pi-Yu Liao License #00992443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,863

Year Built

  • Built in 1978

Lot Details

  • 0.38

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Split Level Home

Interior Spaces

  • 4,560 Sq Ft Home
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • 0.38 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 30910
  • Assessor Parcel Number 7543047011

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,863

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543047011
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4560.00
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 501.75
  • Room Type: Family Room, Jack & Jill, Library, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Office
  • Spa Features: In Ground

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Forced Air

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Size Sq Ft: 16732.00
  • Lot Size Acres: 0.3840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16732.0000 Square Feet

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 30910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 10, 2012
Sold by
Arvidson Andrew John
Bought by
Liao Cheng Hsin and Liao Pi Yu Lin
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Pi-Yu Liao
Pi-Yu Liao
List Price
$2,399,000
Sold Price
$2,288,000
Premium/Discount to List
-$111,000
-4.63%
Current Estimated Value
$3,895,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,607,919
Avg. Annual Appreciation
5.66%
Original Mortgage
$625,500
Outstanding Balance
$103,866
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$4,604,894

Purchase Details

Closed on
Aug 10, 2010
Sold by
Klarwein Peter K
Bought by
The Andrew John Arvidson 2001 Trust

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
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2007
Sold by
Klarwein Peter K and Klarwein Monica J
Bought by
Penn Plaza Llc

Purchase Details

Closed on
Aug 4, 2004
Sold by
Klarwein Peter K and Klarwein Monica J
Bought by
Klarwein Peter K and Klarwein Monica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Jurewitz William H and Jurewitz Judith G Alves
Bought by
Klarwein Peter K and Klarwein Monica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Liao Cheng Hsin $2,288,000 Lawyers Title Co
The Andrew John Arvidson 2001 Trust $2,350,000 Fidelity National Title Co
Penn Plaza Llc -- None Available
Klarwein Peter K -- --
Klarwein Peter K $2,000,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Cheng Hsin $625,500
Previous Owner The Andrew John Arvidson 2001 Trust $1,500,000
Previous Owner Klarwein Peter K $1,000,000
Closed Klarwein Peter K $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2012 08/21/12 Sold $2,288,000 -4.6% $502 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $2,399,000 -- $526 / 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 $31,863 $2,817,497 $1,667,348 $1,150,149
2024 $31,863 $2,762,253 $1,634,655 $1,127,598
2023 $31,356 $2,708,092 $1,602,603 $1,105,489
2022 $29,810 $2,654,993 $1,571,180 $1,083,813
2021 $29,817 $2,602,935 $1,540,373 $1,062,562
2020 $29,428 $2,576,246 $1,524,579 $1,051,667
2019 $28,555 $2,525,733 $1,494,686 $1,031,047
2018 $28,310 $2,476,210 $1,465,379 $1,010,831
2016 $27,356 $2,380,058 $1,408,478 $971,580
2015 $27,073 $2,344,308 $1,387,322 $956,986
2014 $26,668 $2,298,387 $1,360,147 $938,240
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Raju Chhabria

    Chhabria Real Estate Company

    Section Image

  • P

    Buyer's Agent in 2012

    Pi-Yu Liao

    Pi-Yu Liao

    (310) 291-7368

    Pi-Yu Liao
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12048045

California Regional Multiple Listing Service (CRMLS)

APN: 7543-047-011

California Los Angeles County Palos Verdes Estates 90274

1557 Via Leon, Palos Verdes Estates, CA

This home is located at 1557 Via Leon, Palos Verdes Estates, CA 90274 since 16 April 2012 and is currently estimated at $3,895,919, approximately $854 per square foot. This property was built in 1978. 1557 Via Leon is a home located in Los Angeles County with nearby schools including Vista Grande Elementary, Ridgecrest Intermediate, and Palos Verdes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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