NOT LISTED FOR SALE

Estimated Value: $3,219,000 - $4,256,000

4 Beds
2.5 Baths
2,865 Sq Ft
$1,246/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $2,685,000 $937 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $22,109/month

3 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Deck

About This Home

As of March 2019

Queen’s Necklace, Ocean and City Views that will leave you breathless. A home that has been beautifully updated to reflect the character and desirability of its Malaga Cove neighborhood. One of the most sought after streets in Palos Verdes Estates. The initial curb appeal is the first introduction to this warm & welcoming home. The kitchen, living room, dining room, den, all bathrooms and both the front and back yards have enhancements and updates. The elegance of the backyard is matched only by the beauty of the terraced front deck. Enjoy alfresco dining via the addition of French Doors off the dining room. The kitchen was fully remodeled and enjoys the following: Wolf Stove & Double Oven, Sub Zero Refrigerator with a separate wine refrigerator, Quartzsite countertops, Farmhouse Sink and Rohl Faucet. Native Tiles of Torrance created the hand made tiles throughout the kitchen, stairway steps, French Doors in back, front door and patio area. The upstairs den contains 2 refrigerators: wine and beverage The vaulted ceiling in the den, with its unmatched ocean and city lights views, is a place of true serenity. New Marvin windows and doors throughout. A finished garage with storage galore. The addition of a 186 sq. foot permitted workroom/office with infinite possibilities. You have to see this home to believe the extraordinary transformation. Award winning Palos Verdes Peninsula School District. All you need is a toothbrush. Welcome Home!

Last Agent to Sell the Property

Kathy Siegel

Vista Sotheby’s International Realty License #01877303 Listed on: 02/04/2019

Vista Sotheby’s International Realty

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,556

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 7,512 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Front and Back Yard Sprinklers
  • Back and Front Yard
  • Property is zoned PVR1YY

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 2,865 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Track Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows with Low Emissivity
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Low Flow Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace
  • Separate Outdoor Workshop
  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540018011

Community Details

Recreation

  • Golf Course Community

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,556

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Kathy Siegel
  • Other Phone Number: 3107290913
  • Property Attached: No
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540018011
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2865.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Pantry, Pull Down Stairs to Attic, Stone Counters, Track Lighting, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 937.17
  • Room Type: Den, Formal Entry, Living Room, Master Suite, Office
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low Emissivity Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Double Sinks In Master Bath, Remodeled
  • Room Kitchen Features: Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Workshop
  • Exterior Features: Awning(s), Rain Gutters
  • View: City Lights, Coastline, Ocean
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete, Deck, Front Porch, Terrace
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7512.00
  • Lot Size Acres: 0.1725

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7512.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.24
  • Tax Lot: 11
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 8, 2019
Sold by
Elder Craig Scott and Elder Patricia Alice
Bought by
Bond Richard and Bond Wendy Leigh
Seller's Agent
Kathy Siegel
Vista Sotheby’s International Realty
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$2,745,000
Sold Price
$2,685,000
Premium/Discount to List
-$60,000
-2.19%
Current Estimated Value
$3,527,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,350
Avg. Annual Appreciation
4.56%
Original Mortgage
$2,148,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2014
Sold by
Elder Craigs
Bought by
Elder Family Trust

Purchase Details

Listed on
Oct 5, 2012
Closed on
Apr 10, 2013
Sold by
Wells John H
Bought by
Elder Craig S and Elder Patricia A
Seller's Agent
Suzanne Miller
Coldwell Banker Realty
Buyer's Agent
Kathy Siegel
Vista Sotheby’s International Realty
List Price
$1,695,000
Sold Price
$1,665,000
Premium/Discount to List
-$30,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$300,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Brown Maria
Bought by
Wells John H and Wells Emma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2001
Sold by
Brown Maria
Bought by
Brown Maria

Purchase Details

Closed on
Dec 1, 1998
Sold by
Brown Maria
Bought by
Brown Robert D and Brown Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1998
Sold by
Brown Robert D
Bought by
Brown Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.69%
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
Bond Richard $2,685,000 Old Republic Title Company
Elder Family Trust -- None Available
Elder Craig S $1,665,016 Progressive Title
Wells John H $1,765,000 Progressive Title Company
Brown Maria -- --
Brown Robert D -- --
Brown Maria -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bond Allen Richard $2,081,000
Closed Bond Richard $2,148,000
Previous Owner Elder Craig S $300,000
Previous Owner Wells John H $1,360,000
Previous Owner Wells John H $1,388,500
Previous Owner Wells John H $1,360,000
Previous Owner Brown Maria $400,000
Previous Owner Brown Robert D $100,000
Previous Owner Brown Maria $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $2,685,000 -2.2% $937 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $2,745,000 +64.9% $958 / Sq Ft
04/19/2013 04/19/13 Sold $1,665,000 -1.8% $551 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $1,695,000 -- $561 / 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 $33,556 $2,995,164 $2,231,036 $764,128
2024 $33,556 $2,936,437 $2,187,291 $749,146
2023 $33,007 $2,878,860 $2,144,403 $734,457
2022 $31,344 $2,822,412 $2,102,356 $720,056
2021 $31,342 $2,767,072 $2,061,134 $705,938
2020 $30,919 $2,738,700 $2,040,000 $698,700
2019 $21,088 $1,848,219 $1,545,467 $302,752
2018 $20,951 $1,811,980 $1,515,164 $296,816
2016 $19,900 $1,741,621 $1,456,329 $285,292
2015 $19,693 $1,715,461 $1,434,454 $281,007
2014 $19,413 $1,672,559 $1,406,356 $266,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19000344

California Regional Multiple Listing Service (CRMLS)

APN: 7540-018-011