1557 Via Leon Palos Verdes Estates, CA 90274
Estimated Value: $3,310,000 - $5,454,000
4
Beds
5
Baths
4,560
Sq Ft
$946/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Pool
- No HOA
- Vista Grande Elementary Rated A+
- Primary Bedroom Suite
- Home Office
About This Home
As of August 2012Spectacular 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
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
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%
Total Days on Market
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,025,379
Avg. Annual Appreciation
5.03%
Original Mortgage
$625,500
Outstanding Balance
$124,590
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$4,158,980
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
Similar Homes in Palos Verdes Estates, CA
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Klarwein Peter K | $500,000 | |
| Previous Owner | Klarwein Peter K | $1,000,000 | |
| Previous Owner | Jurewitz William H | $650,000 | |
| 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
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 | $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
-
Seller's Agent in 2012
Raju Chhabria
Chhabria Real Estate Company
(310) 493-9533
5 in this area
14 Total Sales
-
Pi-Yu Liao
P
Buyer's Agent in 2012
Pi-Yu Liao
Pi-Yu Liao
(310) 291-7368
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12048045
APN: 7543-047-011
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