NOT LISTED FOR SALE

Estimated Value: $6,097,000 - $8,424,000

5 Beds
8 Baths
7,472 Sq Ft
$966/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $4,850,000 $649 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $45,549/month

46 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Heated In Ground Pool
  • Vista Grande Elementary Rated A+
  • Home Theater
  • 4-minute walk to George Allen Field

About This Home

As of June 2017

This custom built Tuscan Villa features 5 bedrooms and 8 bathrooms with an elevator and panoramic ocean views including Catalina Island. A peaceful bougainvillea lined courtyard with a large wall fountain greets your guests as they make their way down the steps and venetian plastered walls from the double door entry way through the upper entrance of the property. In the main level you will find a palatial formal living room, the colossal gourmet kitchen and an expansive family room with its own fireplace and views of the Pacific ocean. This level also gives you access to the terrace that overlooks the fountain lined pool as well as the outdoor barbeque area complete with wrap-around seating surrounding the lava rock filled gas fire pit. The property also boasts a theater room complete with a 135" cinema screen and tiered floor for unobstructed viewing and an enclosed spa area with mirror lined walls for a gym complete with its own full bathroom. The third floor includes the master suite with its large walk in closet and spa quality bath complete with steam shower, oversized Jacuzzi tub and separate sinks. Other features include the impeccable landscaping, viewing tower, wine cellar, Nest smart thermostats, centralized audio system and security cameras.

Last Agent to Sell the Property

Michael Hermosillo

MAH Real Estate Services License #00913641 Listed on: 04/10/2017

Last Buyer's Agent

Stephen Haw

Keller Williams Palos Verdes License #00808646

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,769

Year Built

  • Built in 2004

Lot Details

  • 0.47 Acre Lot
  • Fenced
  • Stucco Fence
  • Drip System Landscaping
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Three Garage Doors
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Neighborhood

Interior Spaces

  • 7,472 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Suburban Location
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541036015

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,769

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Closed Circuit Camera(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541036015
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7472.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Coffered Ceiling(s), Elevator, High Ceilings, Pantry, Recessed Lighting, Vacuum Central, Wired for Sound
  • Stories: 3
  • Entry Location: Ground Level With Steps,Top Level,Elevator
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 649.09
  • Room Type: Exercise Room, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Home Theatre, Living Room, Master Bedroom, Master Suite, Media Room, Office, Walk-In Closet, Wine Cellar
  • Spa Features: In Ground
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, Neighborhood, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Enclosed, Stone, Terrace
  • Pool Features: Private, In Ground, Heated, Gas Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage - Three Door, Gated
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Range, Refrigerator, Warming Drawer
  • Heating Type: Central, Zoned, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 20580.00

Multi Family

  • Lease Considered: No
  • 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

Listed on
Apr 10, 2017
Closed on
Jun 2, 2017
Sold by
Youssefzadeh Emil
Bought by
Zhang Ruifeng and Wang Yang
Seller's Agent
Michael Hermosillo
MAH Real Estate Services
Buyer's Agent
Stephen Haw
Keller Williams Palos Verdes
List Price
$4,998,850
Sold Price
$4,850,000
Premium/Discount to List
-$148,850
-2.98%
Total Days on Market
46
Current Estimated Value
$7,216,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,366,781
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Oct 19, 2013
Sold by
Ashai Tony and Ashai Jamila
Bought by
Youssefzadeh Emil

Purchase Details

Closed on
Dec 31, 2008
Sold by
Ashai Tony and Ashai Jamila
Bought by
Ashai Tony and Ashai Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 3, 2008
Sold by
Ashai Tony and Ashai Jamila
Bought by
The Tony & Jamila Ashai Childrens Trust

Purchase Details

Closed on
Sep 28, 2005
Sold by
Ashai Athar
Bought by
Ashai Tony and Ashai Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 2004
Sold by
Ashai Tony and Ashai Jamila
Bought by
Ashai Athar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2004
Sold by
Ashai Athar
Bought by
Ashai Tony and Ashai Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2003
Sold by
Ashai Jamila
Bought by
Ashai Athar

Purchase Details

Closed on
Jul 23, 2002
Sold by
Afsarzadeh Hamid and Afsarzadeh Fahimeh
Bought by
Ashai Tony and Ashai Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Ruifeng $4,850,000 Fidelity National Title Co
Youssefzadeh Emil -- Fidelity National Title Co
Youssefzadeh Emil -- None Available
Ashai Tony -- First American Title Ins Co
The Tony & Jamila Ashai Childrens Trust -- None Available
Ashai Tony -- Lawyers Title Company
Ashai Athar -- Lawyers Title Company
Ashai Tony -- Lawyers Title Company
Ashai Athar -- --
Ashai Athar -- --
Ashai Tony -- --
Ashai Tony $890,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashai Tony $1,800,000
Previous Owner Ashai Tony $999,000
Previous Owner Ashai Tony $2,500,000
Previous Owner Ashai Tony $499,900
Previous Owner Ashai Tony $1,800,000
Previous Owner Ashai Tony $1,500,000
Previous Owner Ashai Tony $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2017 06/14/17 Sold $4,850,000 -3.0% $649 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $4,998,850 -- $669 / 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
2024 $62,769 $5,518,469 $3,049,381 $2,469,088
2023 $61,836 $5,410,265 $2,989,590 $2,420,675
2022 $58,727 $5,304,182 $2,930,971 $2,373,211
2021 $58,756 $5,200,179 $2,873,501 $2,326,678
2020 $57,969 $5,146,858 $2,844,037 $2,302,821
2019 $56,217 $5,045,940 $2,788,272 $2,257,668
2018 $56,013 $4,947,000 $2,733,600 $2,213,400
2016 $63,403 $5,731,683 $3,624,371 $2,107,312
2015 $62,764 $5,645,589 $3,569,930 $2,075,659
2014 $45,581 $4,022,297 $1,133,041 $2,889,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17069102

California Regional Multiple Listing Service (CRMLS)

APN: 7541-036-015