NOT LISTED FOR SALE

Estimated Value: $4,287,155 - $5,773,000

4 Beds
4.5 Baths
4,203 Sq Ft
$1,161/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $2,732,500 $650 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $30,395/month

129 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Cathedral Ceiling
  • Lunada Bay Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of February 2015

This like-new Tuscan home features an open, seamless floorplan with ample natural light. The tower foyer opens to graceful living and dining spaces, complete with butler's pantry for added entertaining ease. The chef's kitchen delvers top-of-the-line appliances, oversized island with bar seating, and plenty of storage and workspace. All four bedroom suites are located upstairs, including a master with mantled fireplace, two balconies and ocean views. Custom details abound, including wood-beamed ceiings, wrought iron, marble, arched entries and French doors. This graceful Tuscan-inspired property is located walking distance to award-winning schools, shops and restaurants in one of Southern California's most sought-after neighborhoods. Built in 2000 and extensively updated since, this turn-key home blends old-world charm with modern living. Don't miss this wonderful opportunity for families and entertainers alike.

Last Listed By

Richard Edler

Vista Sotheby's International Realty License #01113145 Listed on: 09/22/2014

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,037

Year Built

  • Built in 2000

Lot Details

  • 9,808 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,203 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Laundry Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area

Outdoor Features

  • Fireplace in Patio
  • Stone Porch or Patio
  • Outdoor Fireplace

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541011008

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,037

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: Erika
  • Other Phone Number: 310.421.2814
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541011008
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4203.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Pantry, Recessed Lighting, Storage, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 650.13
  • Room Type: Den, Dressing Area, Entry, Family Room, Formal Entry, Living Room, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 9808.00
  • Lot Size Acres: 0.2250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9808.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Jan 22, 2015
Sold by
Morris John B
Bought by
Ronald & Suzanne Homer 2013 Living Trust
Seller's Agent
Richard Edler
Vista Sotheby's International Realty
Buyer's Agent
Joanne Kim
Berkshire Hathaway HomeService
List Price
$2,799,000
Sold Price
$2,732,500
Premium/Discount to List
-$66,500
-2.38%
Total Days on Market
129
Current Estimated Value
$4,878,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,146,289
Avg. Annual Appreciation
5.81%
Original Mortgage
$625,000
Outstanding Balance
$460,591
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,418,198

Purchase Details

Closed on
Oct 4, 2012
Sold by
Jessup Peter H and Jessup Sarah
Bought by
Morris John B and Ronchetti Wallis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,632,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Jessup Peter H and Jessup Sarah
Bought by
Jessup Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2001
Sold by
Mcnamara Patrick Charles and Mcnamara Susan Monica
Bought by
Jessup Peter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,204,000
Interest Rate
6.84%

Purchase Details

Closed on
Feb 14, 2000
Sold by
Elite Homes Inc
Bought by
Mcnamara Patrick Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
3.95%

Purchase Details

Closed on
Jul 31, 1998
Sold by
California Community Foundation
Bought by
Elite Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,000
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 19, 1998
Sold by
Bonte Trust La Bonte C Joseph And Donna Trs L
Bought by
California Community Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,000
Interest Rate
6.92%
Mortgage Type
Construction

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
Ronald & Suzanne Homer 2013 Living Trust $2,732,500 Lawyers Title
Morris John B $2,040,000 Usa National Title Co Inc
Jessup Peter -- Stewart Title
Jessup Peter H $1,720,000 Lawyers Title Company
Mcnamara Patrick Charles $1,590,000 Lawyers Title Company
Elite Homes Inc $635,000 First American Title Co
California Community Foundation -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronald & Suzanne Homer 2013 Living Trust $625,000
Previous Owner Morris John B $1,632,000
Previous Owner Jessup Peter $891,300
Previous Owner Jessup Peter $1,000,000
Previous Owner Jessup Peter H $400,000
Previous Owner Jessup Peter H $1,204,000
Previous Owner Mcnamara Patrick Charles $990,000
Previous Owner Elite Homes Inc $851,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $2,732,500 -2.4% $650 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $2,799,000 0.0% $666 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
11/19/2014 11/19/14 Price Changed $2,799,000 -3.4% $666 / Sq Ft
09/22/2014 09/22/14 For Sale $2,899,000 -- $690 / 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 $37,037 $3,219,652 $1,792,518 $1,427,134
2023 $36,445 $3,156,522 $1,757,371 $1,399,151
2022 $34,624 $3,094,630 $1,722,913 $1,371,717
2021 $34,605 $3,033,952 $1,689,131 $1,344,821
2019 $33,117 $2,943,966 $1,639,032 $1,304,934
2018 $32,953 $2,886,243 $1,606,895 $1,279,348
2016 $31,294 $2,774,169 $1,544,499 $1,229,670
2015 $24,185 $2,090,204 $1,255,147 $835,057
2014 $23,822 $2,049,261 $1,230,561 $818,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14203769

California Regional Multiple Listing Service (CRMLS)

APN: 7541-011-008