NOT LISTED FOR SALE

Estimated Value: $3,689,000 - $4,595,000

5 Beds
3.5 Baths
4,069 Sq Ft
$993/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $2,325,000 $571 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $25,553/month

159 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Wood Flooring
  • Montemalaga Elementary School Rated A+
  • Traditional Architecture
  • Corner Lot

About This Home

As of April 2013

Exceptional Malaga Cove family home with panoramic Queen's Necklace views. Enter this traditional home through double doors into the Entry corridor flanked by a warm and inviting Living Room with used brick fireplace and spacious Dining Room. Both rooms feature huge picture windows that frame the unobstructed Santa Monica Bay and white water views. Beyond the main living area, sharing the same amazing view, is the remodeled stainless steel kitchen with beautiful granite countertops, self-closing drawers and spacious center island. The main level of this gracious home is completed with the Master Bedroom Suite, Family/TV Room, Powder and Laundry Rooms. Access to the generous 3 car garage and beautifully landscaped backyard and deck with Viking Grill and built-in jacuzzi are also from this main level. Down the extra wide staircase is the lower level with 3 large Bedrooms, all with access to the beautiful lower patio and yard. A charming wine closet, full Bathroom and lots of storage complete this level. At the top of the staircase, outstanding views welcome you to the Game Room with pool table, bar and 2 outdoor balconies. Sharing the view is the private Office with abundant built-ins. A fifth Bedroom and 3/4 Bath complete this open, bright upper level.

Last Agent to Sell the Property

Kim Hall

Estate Properties License #01864819 Listed on: 10/01/2012

Estate Properties

Last Buyer's Agent

Paula Ross Jones

Sotheby's International Realty License #01157578

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,629

Year Built

  • Built in 1975

Lot Details

  • 8,510 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Traditional Architecture
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,069 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Heated Spa
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 1434
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540018001

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,629

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540018001
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4069.00
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 571.39
  • Spa Features: Heated

Exterior Features

  • View: Coastline, Ocean, Panoramic
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Central

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8510.00
  • Lot Size Acres: 0.1950

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8510.0000 Square Feet

Tax Info

  • Tax Block: 1434
  • Tax Lot: 1
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2012
Closed on
Apr 16, 2013
Sold by
Dibiase David T and Dibiase Debra A
Bought by
Streit Dwight C and Streit Deborah J
Seller's Agent
Kim Hall
Estate Properties
Buyer's Agent
Paula Ross Jones
Sotheby's International Realty
List Price
$2,450,000
Sold Price
$2,325,000
Premium/Discount to List
-$125,000
-5.1%
Current Estimated Value
$4,170,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,845,379
Avg. Annual Appreciation
4.60%
Original Mortgage
$1,225,000
Outstanding Balance
$276,646
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,764,780

Purchase Details

Closed on
Feb 4, 2002
Sold by
Dibiase David T and Dibiase Debra A
Bought by
Dibiase David T and Dibiase Debra A

Purchase Details

Closed on
Oct 2, 1998
Sold by
Dibiase David T
Bought by
Dibiase David T and Dibiase Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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
Streit Dwight C $2,325,000 First American Title Company
Dibiase David T -- --
Dibiase David T -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Streit Dwight C $1,225,000
Previous Owner Diabiase David T $250,000
Previous Owner Dibiase David T $640,000
Previous Owner Dibiase David T $650,000
Previous Owner Dibiase David T $100,000
Previous Owner Dibiase David T $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2013 04/25/13 Sold $2,325,000 -1.1% $571 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
02/22/2013 02/22/13 Price Changed $2,350,000 -4.1% $578 / Sq Ft
10/01/2012 10/01/12 For Sale $2,450,000 -- $602 / 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 $32,629 $2,863,059 $2,124,207 $738,852
2024 $32,629 $2,806,921 $2,082,556 $724,365
2023 $32,099 $2,751,884 $2,041,722 $710,162
2022 $30,508 $2,697,927 $2,001,689 $696,238
2021 $30,491 $2,645,028 $1,962,441 $682,587
2020 $30,084 $2,617,907 $1,942,319 $675,588
2019 $29,191 $2,566,577 $1,904,235 $662,342
2018 $29,022 $2,516,253 $1,866,898 $649,355
2016 $27,551 $2,418,546 $1,794,405 $624,141
2015 $27,265 $2,382,218 $1,767,452 $614,766
2014 $26,852 $2,335,555 $2,009,080 $326,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12122355

California Regional Multiple Listing Service (CRMLS)

APN: 7540-018-001