NOT LISTED FOR SALE

1608 Via Montemar Palos Verdes Estates, CA 90274

Estimated Value: $2,234,000 - $2,622,000

2 Beds
2 Baths
1,862 Sq Ft
$1,285/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $2,108,000 $1,132 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,072/month

10 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Montemalaga Elementary School Rated A+
  • Custom Home
  • No HOA

About This Home

As of August 2022

Location and View are always a winning combination. Located in Malaga Cove, just a short walk to the ocean bluffs, this home enjoys ocean and coastline views from the living room, front bedroom, kitchen. and large front deck. First time on the market in 50 years. This spacious 2 bedroom, 2 bath home exudes charm from the 1950’s. The family room has beam ceilings, fireplace and a large picture window that lets natural light in. A formal dining room with French doors leads to a large private which makes outdoor dining and entertaining a joy. The living room with fireplace and storage cabinets has a large picture window to take in the view of the ocean and coastline. A center courtyard patio off the kitchen also looks through the living to enjoy the view. The generous front deck is a great place to relax and unwind while enjoying the sunset. Laundry room off the kitchen and a mud room with storage. Very light and bright home with large picture windows. New carpet, freshly paint interior and exterior, new 3 prong outlets in most areas, new baseboards, new door hardware, some new light fixtures. 2 car garage with storage cabinets and driveway provide plenty of off-street parking. Taped at 1,862 sf, tax rolls show 1,675 sf.

Last Agent to Sell the Property

Patricia Hedstrom

Estate Properties License #00796720 Listed on: 07/11/2022

Estate Properties

Last Buyer's Agent

Elly Rudolph

WinWin Solutions Investment Group Inc License #01760209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,730

Year Built

  • Built in 1957

Lot Details

  • 6,878 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Custom Home
  • Spanish Architecture
  • Raised Foundation
  • Spanish Tile Roof

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Fireplace With Gas Starter
  • Jalousie or louvered window
  • Wood Frame Window
  • Casement Windows
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Front Porch

Location

  • Suburban Location

Schools

  • Margate Middle School
  • Palos Verdes High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 1433
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540019015

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,730

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Custom Built, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540019015
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1862.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1132.12
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Suite, Separate Family Room, Utility Room
  • Window Features: Casement Windows, Jalousies/Louvered, Wood Frames
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • View: City Lights, Coastline, Ocean
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Brick, Patio, Front Porch
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Middle School: Margate
  • High School: Palos Verdes
  • High School: Palos Verdes
  • Middle Or Junior School: Margate
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 6878.00
  • Lot Size Acres: 0.1579

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6878.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1433
  • Tax Census Tract: 6703.26
  • Tax Lot: 14
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jul 28, 2022
Sold by
Phillips Trust
Bought by
Minshull Max Alexander and Alderton Emma Brooke
Seller's Agent
Patricia Hedstrom
Estate Properties
Buyer's Agent
Elly Rudolph
WinWin Solutions Investment Group Inc
List Price
$1,998,000
Sold Price
$2,108,000
Premium/Discount to List
$110,000
5.51%
Current Estimated Value
$2,392,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,653
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,672,000
Outstanding Balance
$1,598,038
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$794,615
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
Minshull Max Alexander $2,090,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minshull Max Alexander $1,672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $2,108,000 +5.5% $1,132 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,998,000 -- $1,073 / 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 $24,730 $2,174,435 $1,739,548 $434,887
2024 $24,730 $2,131,800 $1,705,440 $426,360
2023 $24,300 $2,090,000 $1,672,000 $418,000
2022 $3,094 $154,044 $81,759 $72,285
2021 $3,119 $151,024 $80,156 $70,868
2020 $3,082 $149,477 $79,335 $70,142
2019 $3,024 $146,547 $77,780 $68,767
2018 $2,930 $143,674 $76,255 $67,419
2016 $2,758 $138,097 $73,295 $64,802
2015 $2,719 $136,024 $72,195 $63,829
2014 $2,688 $133,360 $70,781 $62,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22151632

California Regional Multiple Listing Service (CRMLS)

APN: 7540-019-015