NOT LISTED FOR SALE

1632 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated Value: $4,658,420 - $6,130,000

4 Beds
3 Baths
3,290 Sq Ft
$1,590/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $3,938,000 $1,197 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $32,485/month

32 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Lawn
  • Lunada Bay Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of October 2019

Relax with the sounds of the waves and seagulls from this coastal contemporary with 180 degrees of unobstructed ocean view. Enjoy a glass of wine every evening in front of the custom-built fire pit with the breathtaking and ever changing sunsets, the perfect place to have an intimate meal, an aperitif or after dinner drink. Look a little further to the Queen's Necklace view and Catalina Island. Make walking, hiking or biking along the coast a daily routine right outside the front door. This tastefully decorated contemporary was completely remodeled. The upper level offers a private master retreat with his/her closets including a loft/office with the same afforded from the lower level and opportunities for whale/dolphin watching. The lower level has a formal dinning room and living room facing the incredible ocean view. The gourmet kitchen offers top of the line appliances with custom-built cabinetry and a 9 foot island that allows both views from ocean to garden as the center of the house and is truly an entertainers dream. Two bedrooms share a full bath while the 4thbedroom is a private en-suite cleverly tucked away making it a perfect guest room or maid’s quarter. Don’t just feast your eyes with the magnificent views, feed your palette with the organic fruits from the mature lemon, avocado, peach and orange trees aligning the backyard. Imagine life in a magnificent home with an easy, entertainment-friendly open floor plan on the best street in Palos Verdes Estates!

Last Agent to Sell the Property

Gerard Bisignano

Vista Sotheby’s International Realty License #01116110 Listed on: 09/16/2019

Vista Sotheby’s International Realty

Co-Listed By

Tricia Jin

Windem Real Estate License #01975490

Last Buyer's Agent

Betty Waung

Keller Williams Palos Verdes License #01209543

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,781

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Lawn
  • Back Yard
  • Property is zoned PVR1*

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 3,290 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Utilities

  • Whole House Fan
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541006009

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,781

Year Built

Built in 1972

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: 7541006009
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3290.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1196.96
  • Room Type: Den, Laundry, Master Suite

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes / LAUSD – inquire

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 11472.00
  • Lot Size Acres: 0.2634

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11472.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 9
  • Tax Tract Number: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Chow-Ma Family Trust
Bought by
Zhong Qin Ma Living Trust
Current Estimated Value
$5,231,105

Purchase Details

Listed on
Sep 16, 2019
Closed on
Oct 21, 2019
Sold by
Jin Patricia Bing
Bought by
Chow Ying See and Ma Zhong Qin
Seller's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
Buyer's Agent
Betty Waung
Keller Williams Palos Verdes
List Price
$4,380,000
Sold Price
$3,938,000
Premium/Discount to List
-$442,000
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Feb 10, 2018
Sold by
Jin Patricia Bing
Bought by
Jin Patricia Bing

Purchase Details

Closed on
Dec 9, 2016
Sold by
Jin Simon Jixiang
Bought by
Jin Patricia Bing

Purchase Details

Closed on
Jul 30, 2010
Sold by
Robinett John
Bought by
Jin Simon Jixiang and Jin Patricia Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Robinett Phyllis C
Bought by
Robinett Phyllis C

Purchase Details

Closed on
Jul 29, 1993
Sold by
Robinett Keith L
Bought by
Robinett Keith L and Robinett Phyllis C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhong Qin Ma Living Trust -- --
Chow Ying See $3,938,000 Chicago Title Company
Jin Patricia Bing -- None Available
Jin Patricia Bing -- None Available
Jin Simon Jixiang $2,050,000 Progressive Title Company
Robinett Phyllis C -- None Available
Robinett Keith L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chow-Ma Family Trust $830,000
Previous Owner Jin Simon Jixiang $729,750
Previous Owner Robinett Keith L $200,000
Previous Owner Robinett Keith L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $3,938,000 -10.1% $1,197 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $4,380,000 0.0% $1,331 / Sq Ft
10/14/2017 10/14/17 Rented $10,500 -4.5% --
08/31/2017 08/31/17 For Rent $11,000 +10.0% --
09/14/2016 09/14/16 Rented $10,000 0.0% --
07/18/2016 07/18/16 For Rent $10,000 0.0% --
07/13/2015 07/13/15 Rented $10,000 +4.2% --
07/13/2015 07/13/15 For Rent $9,600 +12.9% --
08/01/2013 08/01/13 Rented $8,500 0.0% --
07/01/2013 07/01/13 Under Contract -- -- --
06/26/2013 06/26/13 For Rent $8,500 +2.4% --
08/15/2012 08/15/12 Rented $8,300 -6.7% --
08/05/2012 08/05/12 Under Contract -- -- --
07/23/2012 07/23/12 For Rent $8,900 -- --
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 $47,781 $4,306,774 $2,843,478 $1,463,296
2024 $47,781 $4,222,328 $2,787,724 $1,434,604
2023 $47,040 $4,139,538 $2,733,063 $1,406,475
2022 $44,659 $4,058,372 $2,679,474 $1,378,898
2021 $44,636 $3,978,797 $2,626,936 $1,351,861
2020 $44,033 $3,938,000 $2,600,000 $1,338,000
2019 $27,328 $2,396,425 $2,027,106 $369,319
2018 $27,132 $2,349,437 $1,987,359 $362,078
2017 $25,583 $2,303,371 $1,948,392 $354,979
2016 $25,767 $2,258,208 $1,910,189 $348,019
2015 $25,502 $2,224,289 $1,881,497 $342,792
2014 $25,120 $2,180,720 $1,844,642 $336,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19219366

California Regional Multiple Listing Service (CRMLS)

APN: 7541-006-009