NOT LISTED FOR SALE

Estimated Value: $3,943,801 - $6,341,000

4 Beds
4.5 Baths
4,239 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold June 11, 2014

Last sale price $2,638,750 $622 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $29,329/month

49 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Vista Grande Elementary Rated A+
  • Home Theater
  • 0.47 Acre Lot

About This Home

As of June 2014

An estate-like driveway leads to this newer Mediterranean home perched majestically above the street for commanding ocean and coastline views. Elegantly designed by Louis Tomaro, the quality in this imposing residence is evident as you enter the dramatic double doors to view the towering ceilings, stately columns, graceful arches and massive moldings in the formal living areas. Sweeping ocean views await you from all major rooms of this open flowing floor plan. A well-appointed granite kitchen, luxurious master suite, library with built-ins and mother-in-law suite provide the daily features you deserve. An elongated slate patio, which stretches across the entire width of the home, is perfect for entertaining while enjoying panoramic ocean and sunset views. The massive garage includes exercise and bonus areas, a wine cellar and a storage loft, and could convert to a four car garage. Privacy abounds on this nearly 1/2 acre lot, well located near outstanding Palos Verdes schools.

Last Agent to Sell the Property

Judy Henry

Estate Properties License #00570554 Listed on: 03/09/2014

Estate Properties

Last Buyer's Agent

Sang Yoo

Sang H Yoo License #01353742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,786

Year Built

  • Built in 2004

Lot Details

  • 0.47 Acre Lot
  • Fenced
  • Stucco Fence
  • Secluded Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,239 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Bonus Room
  • Storage
  • Home Gym

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Electric Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 6889
  • Assessor Parcel Number 7541037003

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,786

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: GE Monogram Refrigerator
  • Other Phone Description: Cell
  • Other Phone Number: 310-940-9240
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541037003
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4239.00
  • Interior Amenities: 2 Staircases, Built-in Features, Balcony, Cathedral Ceiling(s), Crown Molding, Wired for Data, Elevator, Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 622.49
  • Room Type: Bonus Room, Entry, Family Room, Guest/Maid's Quarters, Exercise Room, Library, Living Room, Media Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Home Theatre, Wine Cellar
  • Window Features: Blinds, Custom Covering
  • Bathroom Features: Bidet
  • Room Kitchen Features: Kitchen Island, Kitchenette

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Lot 20000-39999 Sqft, Secluded, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 20493.00
  • Lot Size Acres: 0.4700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20493.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 6889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2014
Closed on
May 1, 2014
Sold by
Shinde Shantanu Prataprao and Shinde Mahzad S
Bought by
Feng James C and He Julie Z
Seller's Agent
Judy Henry
Estate Properties
Buyer's Agent
Sang Yoo
Sang H Yoo
List Price
$2,898,000
Sold Price
$2,638,750
Premium/Discount to List
-$259,250
-8.95%
Total Days on Market
49
Current Estimated Value
$4,696,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,057,700
Avg. Annual Appreciation
5.38%
Original Mortgage
$1,280,000
Outstanding Balance
$983,891
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$3,712,559

Purchase Details

Closed on
May 21, 2008
Sold by
Shinde Shantanu Prataprao and Shinde Mahzad S
Bought by
Shinde Shantanu Prataprao and Shinde Mahzad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,511,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2007
Sold by
Shinde Shantanu Prataprao and Shinde Mahzad S
Bought by
Shinde Shantanu Prataprao and Shinde Mahzad 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
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2007
Sold by
Shinde Shantanu Prataprao and Shinde Mahzad S
Bought by
Shinde Shantanu Prataprao and Shinde Mahzad 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
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Shinde Shantanu and Shinde Mahzad S
Bought by
Shinde Shantanu Prataprao and Shinde Mahzad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 1995
Sold by
Yandell Marion E and Yandell Wanda L
Bought by
Shinde Shantanu Prataprao and Shinde Mahzad S
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
Feng James C $2,639,000 Usa National Title
Shinde Shantanu Prataprao -- Cctn Irvine Title
Shinde Shantanu Prataprao -- Accommodation
Shinde Shantanu Prataprao -- First American Title Co
Shinde Shantanu Prataprao -- First American Title Company
Shinde Shantanu Prataprao -- First American Title Company
Shinde Shantanu Prataprao -- Sutic
Shinde Shantanu -- Sutic
Shinde Shantanu Prataprao $250,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng James C $1,280,000
Previous Owner Shinde Shantanu Prataprao $1,511,000
Previous Owner Shinde Shantanu Prataprao $250,000
Previous Owner Shinde Shantanu Prataprao $1,500,000
Previous Owner Shinde Shantanu $350,000
Previous Owner Shinde Shantanu Prataprao $1,000,000
Previous Owner Shinde Shantanu Prataprao $685,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2014 06/11/14 Sold $2,638,750 -5.7% $622 / Sq Ft
04/27/2014 04/27/14 Pending -- -- --
04/15/2014 04/15/14 Price Changed $2,799,000 -3.4% $660 / Sq Ft
03/09/2014 03/09/14 For Sale $2,898,000 -- $684 / 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 $36,786 $3,171,613 $2,163,285 $1,008,328
2023 $36,201 $3,109,425 $2,120,868 $988,557
2022 $34,407 $3,048,457 $2,079,283 $969,174
2021 $34,423 $2,988,684 $2,038,513 $950,171
2019 $33,005 $2,900,040 $1,978,050 $921,990
2018 $32,684 $2,843,177 $1,939,265 $903,912
2016 $30,957 $2,732,775 $1,863,962 $868,813
2015 $30,638 $2,691,727 $1,835,964 $855,763
2014 $25,413 $2,187,729 $684,785 $1,502,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14048292

California Regional Multiple Listing Service (CRMLS)

APN: 7541-037-003