NOT LISTED FOR SALE

1601 Via Fernandez Palos Verdes Estates, CA 90274

Estimated Value: $3,789,431 - $4,381,000

5 Beds
5.5 Baths
4,640 Sq Ft
$902/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $3,550,000 $765 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $26,889/month

123 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Updated Kitchen
  • Vista Grande Elementary Rated A+
  • Primary Bedroom Suite
  • Deck

About This Home

As of November 2022

Welcome to this exceptional Spanish-style estate located on a corner lot with gorgeous curb appeal, highlighted by the lushly landscaped front yard. Spectacular panoramic views - ocean, Catalina, pastoral, from almost every room! Enter through the double-winged covered porch, to the formal entryway, into this elegantly remodeled and meticulously styled 4,640 SF home that is nestled on a large lot - augmented with adjoining land. Excellently designed with a highly versatile floorplan, that includes 5 bedrooms, 6 bathrooms, with large open living spaces, optimal for incredible indoor-outdoor living and entertaining. Multiple French doors allow easy access to the large covered balcony. Extensively renovated throughout with attention to every detail – see attached features sheet in supplements.
Formal living room boasts high wood beamed ceilings, an impressive fireplace, built-in custom cabinetry complete with book shelves. Elegant formal dining room to host formal or family dinner parties. Chef’s kitchen is well planned and fully equipped with high end stainless appliances, a breakfast area for casual dining with access to the balcony – perfect for morning coffees. Built-in BBQ area and dining patio convenient to kitchen.
Generously proportioned Grand Primary Suite on main level is surrounded by windows to capture panoramic views and features a large walk-in closet and sitting area. Luxurious en-suite bathroom with private W/C, vanity, his & hers sinks, extra-large shower and private patio. Also on this level are 2 further spacious bedrooms, both with en-suite bathrooms, and a utility/laundry room.
Equally impressive lower level features a large family/multipurpose room with wet bar, decorative fireplace, custom cork-style flooring, and bathroom, with French doors leading to the covered patio and beautiful rear yard. On the east wing there’s a sizeable executive office (can be converted back to bedroom), en-suite bathroom, large closet/storage room. The west wing has a further bedroom with walk-in closet with adjoining craft room/office/artist’s enclave, and private door leading to the beautiful private rear yard complete with large entertainment patio.
Located in prime Monte Malaga neighborhood with superb award-winning PV schools, hiking trails and in close proximity to beaches, shopping & entertainment. Truly a rare opportunity to make this resort-style property your own!

Last Agent to Sell the Property

Steve Smith

Compass License #01100068 Listed on: 05/23/2022

Compass

Last Buyer's Agent

Mariah Petzoldt

Realty CA License #02191347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,772

Year Built

  • Built in 1981

Lot Details

  • 0.37 Acre Lot
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Hills
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 4,640 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Art Studio
  • Storage
  • Laundry Room
  • Utility Room

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 6
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541036010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,772

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541036010
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4640.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Granite Counters, High Ceilings, Living Room Balcony, Pantry, Recessed Lighting, Storage, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 765.09
  • Room Type: Art Studio, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Office, Recreation, Separate Family Room, Utility Room, Walk-In Closet
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Master Bath, Granite Counters, Privacy Toilet Door, Remodeled, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchenette, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Catalina, Hills, Ocean, Panoramic, Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Deck, Patio, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Palo Verde Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 16000.00
  • Lot Size Acres: 0.3673

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 6703.26
  • Tax Lot: 10
  • Tax Tract Number: 7334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Sep 30, 2022
Sold by
Kenney Family Trust
Bought by
Adams Elijah and Adams Christine
Seller's Agent
Steve Smith
Compass
Buyer's Agent
Mariah Petzoldt
Realty CA
List Price
$2,800,000
Sold Price
$3,550,000
Premium/Discount to List
$750,000
26.79%
Total Days on Market
123
Views
15
Current Estimated Value
$4,185,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,858
Avg. Annual Appreciation
6.65%
Original Mortgage
$2,840,000
Outstanding Balance
$2,762,788
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$1,423,070

Purchase Details

Listed on
Aug 14, 2015
Closed on
Sep 17, 2015
Sold by
Yee Ben Wai
Bought by
Kenney Family Trust
Seller's Agent
Sharon Tsukamoto
West Shores Realty, Inc.
Buyer's Agent
Steve Smith
Compass
List Price
$1,900,000
Sold Price
$2,183,888
Premium/Discount to List
$283,888
14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Yee Jessie W and Yee Jessie Wong
Bought by
Yee Jessie Wong
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
Adams Elijah $3,550,000 Chicago Title Company
Kenney Family Trust $2,184,000 Pacific Coast Title Company
Yee Jessie Wong -- None Available
Yee Jim Wah Sung -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Elijah $2,840,000
Previous Owner Kenney Leonard Allen $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $3,550,000 -1.4% $765 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/06/2022 09/06/22 Price Changed $3,600,000 -2.7% $776 / Sq Ft
07/25/2022 07/25/22 Price Changed $3,700,000 +32.1% $797 / Sq Ft
05/23/2022 05/23/22 For Sale $2,800,000 +28.2% $603 / Sq Ft
09/23/2015 09/23/15 Sold $2,183,888 +14.9% $471 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $1,900,000 -- $409 / 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 $41,772 $3,621,000 $2,578,968 $1,042,032
2023 $41,120 $3,550,000 $2,528,400 $1,021,600
2022 $14,528 $1,199,485 $449,297 $750,188
2021 $14,547 $1,175,967 $440,488 $735,479
2020 $14,369 $1,163,910 $435,972 $727,938
2019 $13,974 $1,141,089 $427,424 $713,665
2018 $13,752 $1,118,716 $419,044 $699,672
2016 $13,392 $1,071,914 $402,773 $669,141
2015 $13,329 $1,063,777 $638,271 $425,506
2014 $13,132 $1,042,940 $625,769 $417,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22104466

California Regional Multiple Listing Service (CRMLS)

APN: 7541-036-010