NOT LISTED FOR SALE

1605 Via Montemar Palos Verdes Estates, CA 90274

Estimated Value: $2,518,000 - $2,974,000

4 Beds
4 Baths
2,506 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $1,654,000 $660 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $16,622/month

102 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • No HOA
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Den

About This Home

As of March 2020

Set back off the street with a large driveway and grassy front yard, this Malaga Cove beauty can actually live as a one-level home. Just off the entry, you'll find a spacious bedroom and 3/4 bathroom. A gracious living room awaits, just past the entrance. Continue forward to find a great room that includes an expansive family room with fireplace, a formal dining area, and a gorgeous kitchen with granite counters, stainless appliances, and direct access into the oversized garage. There’s even an ocean view! Downstairs, you’ll find a cozy family room or den with direct access out to the backyard, and 3 more bedrooms, including a large master-suite with walk-in closet and master bathroom. Newer doors, windows, flooring, plumbing, electrical, heating… This house has it all!

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 11/01/2019

Vista Sotheby's International Realty

Last Buyer's Agent

Rich Harik

West Shores Realty, Inc. License #01425309

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,996

Year Built

  • Built in 1956

Lot Details

  • 5,758 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 8 / 1434
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540018008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,996

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540018008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2506.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 660.02
  • Room Type: Den, Entry, Family Room, Living Room, Master Suite

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Horse Trails

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5758.00
  • Lot Size Acres: 0.1322

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5758.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1434
  • Tax Census Tract: 6703.24
  • Tax Lot: 8
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 13, 2020
Sold by
Mmn Capital Llc
Bought by
Parker Jonathan D
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Rich Harik
West Shores Realty, Inc.
List Price
$1,750,000
Sold Price
$1,654,000
Premium/Discount to List
-$96,000
-5.49%
Current Estimated Value
$2,729,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,598
Avg. Annual Appreciation
9.68%
Original Mortgage
$1,240,500
Outstanding Balance
$1,125,066
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,604,532

Purchase Details

Closed on
Feb 12, 2018
Sold by
Qazi Shobie and Qazi Shugufta
Bought by
Mmn Capital Llc

Purchase Details

Closed on
Oct 19, 2012
Sold by
Qazi Shobie
Bought by
Qazi Shobie and Qazi Shagufta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
3.33%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 31, 2011
Closed on
Feb 22, 2012
Sold by
Qazi Shugufta
Bought by
Qazi Shobie
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$999,000
Sold Price
$780,000
Premium/Discount to List
-$219,000
-21.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$500,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jan 30, 2012
Sold by
Gassler Anna
Bought by
Qazi Shobie
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$999,000
Sold Price
$780,000
Premium/Discount to List
-$219,000
-21.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2010
Sold by
Bader Eva Ruth
Bought by
Bader Eva Ruth

Purchase Details

Closed on
Aug 22, 1994
Sold by
Bader Helmut and Bader Eva Ruth
Bought by
Bader Helmut and Bader Eva Ruth

Purchase Details

Closed on
Dec 10, 1993
Sold by
Bader Helmut and Bader Eva Ruth
Bought by
Bader Helmut and Bader Eva Ruth
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
Parker Jonathan D $1,654,000 North American Title Company
Mmn Capital Llc $1,285,000 North American Title
Qazi Shobie -- Usa National Title Company
Qazi Shobie -- Usa National Title Company
Qazi Shobie $780,000 Usa National Title Company
Bader Eva Ruth -- None Available
Bader Helmut -- --
Bader Helmut -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jonathan D $1,240,500
Previous Owner Oazi Shobie $250,000
Previous Owner Qazi Shobie $175,000
Previous Owner Qazi Shobie $710,000
Previous Owner Qazi Shobie $510,000
Previous Owner Qazi Shobie $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $1,654,000 -2.6% $660 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/15/2020 01/15/20 Price Changed $1,699,000 -2.9% $678 / Sq Ft
11/01/2019 11/01/19 For Sale $1,750,000 +124.4% $698 / Sq Ft
02/28/2012 02/28/12 Sold $780,000 -21.9% $386 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $999,000 -- $495 / 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 $20,996 $1,808,886 $1,447,110 $361,776
2024 $20,996 $1,773,419 $1,418,736 $354,683
2023 $20,619 $1,738,647 $1,390,918 $347,729
2022 $19,608 $1,704,557 $1,363,646 $340,911
2021 $19,612 $1,671,135 $1,336,908 $334,227
2020 $16,040 $1,336,913 $1,069,531 $267,382
2019 $15,563 $1,310,700 $1,048,560 $262,140
2018 $12,321 $993,728 $750,654 $243,074
2016 $11,684 $955,142 $721,506 $233,636
2015 $11,558 $940,796 $710,669 $230,127
2014 $11,318 $922,368 $696,748 $225,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19256207

California Regional Multiple Listing Service (CRMLS)

APN: 7540-018-008