NOT LISTED FOR SALE

1605 Via Arriba Palos Verdes Estates, CA 90274

Estimated Value: $3,984,000 - $4,582,000

4 Beds
3.5 Baths
3,514 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $3,050,000 $868 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $26,339/month

5 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • No HOA
  • Montemalaga Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of June 2014

This beautiful Country French home was completely renovated in 2003. The 3,514 square foot home has 4 bedrooms and 3.5 bathrooms and sits on a 9,281 square foot lot and enjoys a panoramic view from the waves breaking in Malaga Cove all the way to Santa Monica. The entry level has the main living areas including the powder room, kitchen, dining room, sunken living room and library all in an open floor plan concept great for entertaining guests. Upstairs are two spare bedrooms, one full bathroom and a plush master retreat completely en-suite with stunning ocean and queens necklace views. The property is beautifully appointed with fine details inside and out including hardwood floors, large solid wood beams, custom cabinetry and hardware, high end kitchen appliances, custom doors and windows, driveway and pedestrian gate, outdoor bbq area, and outdoor fire pit. The longer you stay and closer you look the more impressive the subtle quality is noticed and the home becomes. The fourth bedroom is en-suite and is housed in an attached casita.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 05/01/2014

Co-Listed By

Neil Chhabria

Chhabria Real Estate Company License #01821437

Last Buyer's Agent

Ted Dodd

Haynes Real Estate License #00756734

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,767

Year Built

  • Built in 2003

Lot Details

  • 9,281 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 3,514 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Library
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540016004

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,767

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540016004
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3514.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 867.96
  • Room Type: Family Room, Library, Living Room, Master Bedroom, Master Suite

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Size Sq Ft: 9281.00
  • Lot Size Acres: 0.2130

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9281.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 20, 2014
Sold by
Palmer Robert H and Baskin Patricia A
Bought by
Palmer Baskin Family Trust
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Ted Dodd
Haynes Real Estate
List Price
$2,999,000
Sold Price
$3,050,000
Premium/Discount to List
$51,000
1.7%
Current Estimated Value
$4,290,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,240,196
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,500,000
Outstanding Balance
$1,115,523
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,634,486

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 9, 2014
Sold by
Mollenkamp Michelle
Bought by
Mollenkamp James S
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Ted Dodd
Haynes Real Estate
List Price
$2,999,000
Sold Price
$3,050,000
Premium/Discount to List
$51,000
1.7%

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
Outstanding Balance
$1,115,523
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,634,486

Purchase Details

Listed on
May 1, 2014
Closed on
May 9, 2014
Sold by
Mollenkamp James S
Bought by
Palmer Robert H and Baskin Patricia A
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Ted Dodd
Haynes Real Estate
List Price
$2,999,000
Sold Price
$3,050,000
Premium/Discount to List
$51,000
1.7%

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
Outstanding Balance
$1,115,523
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,634,486

Purchase Details

Closed on
Oct 26, 2010
Sold by
Mollenkamp Michele Jean
Bought by
Mollenkamp James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,833
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Mollenkamp James S
Bought by
Mollenkamp James S

Purchase Details

Closed on
Apr 6, 2004
Sold by
Mollenkamp Michele J
Bought by
Mollenkamp James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 2003
Sold by
Walton William A and Walton Jeanne Penman
Bought by
Mollenkamp James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1999
Sold by
Trust Walton William And Jeanne Trs Walt
Bought by
Walton William A and Walton Jeanne Penman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,100
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Palmer Baskin Family Trust -- None Available
Mollenkamp James S -- Lawyers Title
Palmer Robert H $3,050,000 Lawyers Title
Mollenkamp James S -- None Available
Mollenkamp James S -- None Available
Mollenkamp James S -- Fidelity National Title
Mollenkamp James S -- Fidelity National Title
Mollenkamp James S $1,800,000 First American Title Co
Walton William A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Robert H $500,000
Open Palmer Robert H $1,500,000
Previous Owner Mollenkamp James S $500,000
Previous Owner Mollenkamp James S $996,000
Previous Owner Mollenkamp James S $996,000
Previous Owner Mollenkamp James S $996,000
Previous Owner Mollenkamp James S $995,833
Previous Owner Mollenkamp James S $1,000,000
Previous Owner Mollenkamp James S $500,000
Previous Owner Mollenkamp James S $250,000
Previous Owner Mollenkamp James S $200,000
Previous Owner Mollenkamp James S $1,260,000
Previous Owner Walton William A $195,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $3,050,000 +1.7% $868 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $2,999,000 -- $853 / 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 $41,767 $3,738,874 $2,451,721 $1,287,153
2024 $41,767 $3,665,564 $2,403,649 $1,261,915
2023 $41,109 $3,593,691 $2,356,519 $1,237,172
2022 $39,039 $3,523,227 $2,310,313 $1,212,914
2021 $39,019 $3,454,145 $2,265,013 $1,189,132
2020 $38,493 $3,418,728 $2,241,789 $1,176,939
2019 $37,329 $3,351,695 $2,197,833 $1,153,862
2018 $37,144 $3,285,977 $2,154,739 $1,131,238
2016 $35,287 $3,158,380 $2,071,069 $1,087,311
2015 $34,927 $3,110,939 $2,039,960 $1,070,979
2014 $24,197 $2,099,292 $1,136,633 $962,659
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Raju Chhabria

    Chhabria Real Estate Company

    Section Image
  • Neil Chhabria

    Seller Co-Listing Agent in 2014

    Neil Chhabria

    Chhabria Real Estate Company

    (310) 902-7227

    12 in this area

    44 Total Sales

    Neil Chhabria
    Section Image

  • T

    Buyer's Agent in 2014

    Ted Dodd

    Haynes Real Estate

    (310) 545-6580

    2 in this area

    33 Total Sales

    Ted Dodd
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14090055

California Regional Multiple Listing Service (CRMLS)

APN: 7540-016-004

California Los Angeles County Palos Verdes Estates 90274

1605 Via Arriba, Palos Verdes Estates, CA

This home is located at 1605 Via Arriba, Palos Verdes Estates, CA 90274 since 01 May 2014 and is currently estimated at $4,290,196, approximately $1,220 per square foot. This property was built in 2003. 1605 Via Arriba is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes High School.

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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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