NOT LISTED FOR SALE

Estimated Value: $6,139,000 - $9,663,811

7 Beds
8.5 Baths
9,680 Sq Ft
$864/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $8,130,000 $840 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $53,228/month

30 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • 0.7 Acre Lot
  • Vista Grande Elementary Rated A+
  • Filtered Pool
  • 2-minute walk to George Allen Field

About This Home

As of July 2015

No expense spared on this magnificent, PANORAMIC OCEAN VIEW Mediterranean Mansion with extreme attention to detail. This property features eight (8) bedrooms, eight and a half (8.5) baths, an elegant office, formal living room, formal dining room, kitchen family room combination (great room), pool table room with wet bar and temperature control wine cellar, extremely private spectacularly decorated MAN CAVE with wet bar (approximately 300 square feet not included in assessors square footage), large master suite with huge closet and a his and hers master bath with a steam shower, dry sauna and a spa tub that opens to a private balcony. One bedroom being used as exercise room. Pool and spa and a large grassy yard.

Last Agent to Sell the Property

George Wong

West Shores Realty, Inc. License #00893378 Listed on: 05/10/2015

West Shores Realty, Inc.

Last Buyer's Agent

Wendy Sun

Estate Properties License #01729186

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,751

Year Built

  • Built in 2005

Lot Details

  • 0.7 Acre Lot
  • Lot Sloped Down
  • Sprinklers Throughout Yard
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Auto Driveway Gate

Property Views

  • Ocean
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 9,680 Sq Ft Home
  • Elevator
  • Dual Staircase
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Stained Glass
  • Wood Frame Window
  • Casement Windows
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Library
  • Home Gym
  • Center Hall
  • Carbon Monoxide Detectors
  • Basement

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Indoor Grill
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Bathtub
  • Walk-in Shower

Pool

  • Filtered Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541036002

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,751

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541036002
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9680.00
  • Interior Amenities: 2 Staircases, Bar, Balcony, Coffered Ceiling(s), Crown Molding, Elevator, Copper Plumbing Full, Granite Counters, High Ceilings, Living Room Deck Attached, Pantry, Recessed Lighting, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Gas, Gas Starter, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 839.88
  • Room Type: Basement, Center Hall, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Exercise Room, Library, Living Room, Main Floor Bedroom, Walk-In Closet, Wine Cellar
  • Spa Features: Heated, In Ground
  • Window Features: Casement Windows, Drapes, Double Pane Windows, Stained Glass, Wood Frames
  • Bathroom Features: Bidet, Bathtub, Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Ocean, Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Filtered, Gas Heat, In Ground, Private
  • Pool Private: Yes
  • Roof: Clay, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Circular Driveway, Garage Door Opener, Garage Faces Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Indoor Grill, Gas Water Heater, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas, Zoned
  • Water Source: Public
  • Cooling: Central Air, Electric, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Sloped Down, Front Yard, Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Yard
  • Lot Size Sq Ft: 30443.00
  • Price Per Lot Square Foot: 267.06
  • Lot Size Acres: 0.6990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30443.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2016
Sold by
Yang Frank and Yang Sandy
Bought by
Yang Frank S P and Yang Sandy Wen Pei
Current Estimated Value
$8,361,604

Purchase Details

Listed on
May 10, 2015
Closed on
Jun 10, 2015
Sold by
Whang Stuart and Whang Susan
Bought by
Yang Frank and Yang Sandy
Seller's Agent
George Wong
West Shores Realty, Inc.
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$8,750,000
Sold Price
$8,130,000
Premium/Discount to List
-$620,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%

Purchase Details

Closed on
Apr 7, 2008
Sold by
Schlatter John Paul and The John Schlatter Revocable T
Bought by
Whang Stuart and Whang Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Schlatter John Paul and Schlatter Camille Anderson
Bought by
Schlatter John Paul and John Schlatter Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2006
Sold by
Schlatter John and The John Schlatter Revocable T
Bought by
Schlatter John Paul and Schlatter Camille Anderson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2006
Sold by
Schlatter John Paul and John Schlatter Revocable Trust
Bought by
Schlatter John Paul and Schlatter Camille Constance Anderson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2006
Sold by
Amaj Development Inc
Bought by
Chlatter John and The John Schlatter Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,550,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Asgari Javad and Javad Asgari 2003 Revocable Tr
Bought by
Amaj Development Inc

Purchase Details

Closed on
Aug 29, 2002
Sold by
Chao Pen Cheng and Chao Ai Lin
Bought by
Asgari Javad and The Javad Asgari Family Trust

Purchase Details

Closed on
Aug 4, 1993
Sold by
Chang Kuei Fang and Chang Siu Sung
Bought by
Chao Pen Cheng and Chao Ai Lin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yang Frank S P -- None Available
Yang Frank $8,130,000 Wfg Title Company
Whang Stuart $6,750,000 Lawyers Title
Schlatter John Paul -- Chicago Title Company
Schlatter John Paul -- Chicago Title Co
Schlatter John Paul -- None Available
Chlatter John $6,150,000 Lawyers Title
Amaj Development Inc -- --
Asgari Javad $1,600,000 First American Title Co
Chao Pen Cheng $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whang Stuart $2,750,000
Previous Owner Schlatter John Paul $3,550,000
Previous Owner Chlatter John $3,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $8,130,000 -7.1% $840 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/10/2015 05/10/15 For Sale $8,750,000 -- $904 / 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 $106,751 $9,659,771 $4,889,081 $4,770,690
2024 $106,751 $9,470,365 $4,793,217 $4,677,148
2023 $104,859 $9,250,548 $4,699,233 $4,551,315
2022 $99,555 $9,069,166 $4,607,092 $4,462,074
2021 $99,601 $8,891,340 $4,516,757 $4,374,583
2019 $95,276 $8,627,621 $4,382,789 $4,244,832
2018 $94,713 $8,458,452 $4,296,852 $4,161,600
2016 $89,644 $8,130,000 $4,130,000 $4,000,000
2015 $75,923 $6,815,000 $3,028,900 $3,786,100
2014 $72,406 $6,462,000 $2,872,000 $3,590,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15105174

California Regional Multiple Listing Service (CRMLS)

APN: 7541-036-002