NOT LISTED FOR SALE

1628 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated Value: $5,124,535 - $8,125,000

5 Beds
4.5 Baths
4,583 Sq Ft
$1,411/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $3,180,000 $694 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $38,914/month

10 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Fireplace in Primary Bedroom Retreat
  • Lunada Bay Elementary School Rated A+
  • Primary Bedroom Suite
  • Retreat

About This Home

As of August 2012

This oceanfront villa truly embodies the character of Lunada Bay lifestyle. Experience living in one of the most prestigious locations on the hill with panoramic views of the Queen’s Necklace coastline, Santa Monica Mountains, and city lights from most rooms of the home. The elegant front courtyard features a circular driveway with fountain. The home boasts an open floor plan with a dramatic entry that includes a spiral staircase to four bedrooms upstairs and one suite/library down. Fantastic master suite with fire place, huge bathroom, viewing balconies, and walk-in closet. Gourmet chef’s kitchen has granite center island and top of the line appliances. Enjoy entertaining on warm summer days in the backyard with pool and spa, built-in barbecue, and large, flat grass area. This is a rare opportunity to own a home on the highly sought after Paseo Del Mar!

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 06/18/2012

Last Buyer's Agent

Lily Liang

Strand Hill Properties License #00837794 Listed on: 06/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,017

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Property fronts an alley
  • Level Lot
  • Back and Front Yard

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Bluff
  • Desert

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,583 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom

Additional Features

  • In Ground Pool
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7541006008

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,017

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541006008
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4583.00
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 693.87
  • Room Type: Dressing Area, Family Room, Formal Entry, Jack & Jill, Library, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Retreat

Exterior Features

  • View: Bay, Bluff, City Lights, Coastline, Desert, Ocean, Panoramic
  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 11256.00
  • Lot Size Acres: 0.2580

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11256.0000 Square Feet

Tax Info

  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2013
Sold by
Kang Hahn S
Bought by
Kang Hahn S and Kang Jill C
Current Estimated Value
$6,468,634

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jul 30, 2012
Sold by
Renner John W
Bought by
Kang Hahn S and Kang Jill C
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Lily Liang
Strand Hill Properties
List Price
$3,150,000
Sold Price
$3,180,000
Premium/Discount to List
$30,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jun 5, 2001
Sold by
Stone Timothy R
Bought by
Renner John W and Renner Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Lutz Gregory W
Bought by
Stone Timothy R and Stone Lori A

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
8.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1997
Sold by
Fadel Rachid Abou
Bought by
Lutz Gregory W and Lutz Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1997
Sold by
Kim James J
Bought by
Fadel Rachid Abou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kang Hahn S -- None Available
Kang Hahn S $3,180,000 Fatcola
Renner John W $2,325,000 Equity Title
Stone Timothy R $2,450,000 North American Title Co
Lutz Gregory W $1,000,000 North American Title Co
Fadel Rachid Abou $850,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Hahn S $3,000,000
Previous Owner Renner John W $699,565
Previous Owner Renner John W $700,000
Previous Owner Stone Timothy R $500,000
Previous Owner Lutz Gregory W $1,300,000
Previous Owner Lutz Gregory W $1,280,000
Previous Owner Lutz Gregory W $600,000
Previous Owner Fadel Rachid Abou $680,000
Previous Owner Kim James J $24,200
Previous Owner Kim James J $100,000
Previous Owner Kim James J $30,000
Closed Renner John W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $3,180,000 +1.0% $694 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $3,150,000 -- $687 / 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 $44,017 $3,915,937 $3,078,568 $837,369
2024 $44,017 $3,839,154 $3,018,204 $820,950
2023 $43,333 $3,763,877 $2,959,024 $804,853
2022 $41,165 $3,690,076 $2,901,004 $789,072
2021 $41,147 $3,617,722 $2,844,122 $773,600
2020 $40,569 $3,580,628 $2,814,960 $765,668
2019 $39,350 $3,510,420 $2,759,765 $750,655
2018 $39,099 $3,441,589 $2,705,652 $735,937
2016 $37,132 $3,307,949 $2,600,589 $707,360
2015 $36,752 $3,258,261 $2,561,526 $696,735
2014 $36,193 $3,194,437 $2,511,350 $683,087
Source: Public Records

Agents Affiliated with this Home

  • Lily Liang

    Seller's Agent in 2012

    Lily Liang

    Strand Hill Properties

    (310) 373-3333

    21 in this area

    41 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12076363

California Regional Multiple Listing Service (CRMLS)

APN: 7541-006-008

California Los Angeles County Palos Verdes Estates 90274

1628 Paseo Del Mar, Palos Verdes Estates, CA

This home is located at 1628 Paseo Del Mar, Palos Verdes Estates, CA 90274 since 18 June 2012 and is currently estimated at $6,468,634, approximately $1,411 per square foot. This property was built in 1999. 1628 Paseo Del Mar is a home located in Los Angeles County with nearby schools including Lunada Bay Elementary School, Palos Verdes Intermediate School, and Palos Verdes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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