NOT LISTED FOR SALE

1661 Paseo la Cresta Palos Verdes Estates, CA 90274

Estimated Value: $7,312,000 - $9,906,497

7 Beds
10 Baths
15,272 Sq Ft
$560/Sq Ft Est. Value

About This Home

This home is located at 1661 Paseo la Cresta, Palos Verdes Estates, CA 90274 and is currently estimated at $8,559,832, approximately $560 per square foot. 1661 Paseo la Cresta is a home located in Los Angeles County with nearby schools including Vista Grande Elementary, Ridgecrest Intermediate, and Palos Verdes Peninsula High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2011
Sold by
Mahjoor Fariba Zargarpour and Mahjoor Farajollah Farshad
Bought by
Mahjoor Fariba Zargarpour and Mahjoor Farajollah Farshad
Current Estimated Value
$8,559,832

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
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Perlman Lee B and Perlman Myra C
Bought by
Mahjoor Fariba Zargarpour and Mahjoor Farajollah Farshad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,550,000
Outstanding Balance
$1,892,553
Interest Rate
4.75%
Mortgage Type
Negative Amortization
Estimated Equity
$7,107,098

Purchase Details

Closed on
Sep 7, 2000
Sold by
Perlman Lee
Bought by
Perlman Lee B and Perlman Myra C

Purchase Details

Closed on
Sep 25, 1997
Sold by
Tseng Shih Ming
Bought by
Perlman Lee and Perlman Myra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,187,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mahjoor Fariba Zargarpour -- Accommodation
Mahjoor Fariba Zargarpour -- Calcounties Title
Mahjoor Fariba Zargarpour $7,000,000 Lawyers Title Company
Perlman Lee B -- Fidelity National Title Co
Perlman Lee -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahjoor Farajollah Farshad $755,000
Closed Mahjoor Fariba Zargarpour $729,750
Closed Mahjoor Fariba Zargarpour $500,000
Open Mahjoor Fariba Zargarpour $3,000,000
Open Mahjoor Fariba Zargarpour $4,550,000
Previous Owner Perlman Lee $1,750,000
Previous Owner Perlman Lee $6,500,000
Previous Owner Perlman Lee $4,200,000
Previous Owner Perlman Lee $3,187,500
Previous Owner Perlman Lee $617,500
Previous Owner Perlman Lee $3,187,500
Closed Perlman Lee $312,500
Source: Public Records

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 $111,241 $9,952,571 $5,687,184 $4,265,387
2024 $111,241 $9,757,423 $5,575,671 $4,181,752
2023 $109,678 $9,566,102 $5,466,345 $4,099,757
2022 $104,190 $9,378,532 $5,359,162 $4,019,370
2021 $104,028 $9,194,640 $5,254,081 $3,940,559
2020 $102,645 $9,100,361 $5,200,207 $3,900,154
2019 $99,557 $8,921,924 $5,098,243 $3,823,681
2018 $98,835 $8,746,985 $4,998,278 $3,748,707
2016 $93,819 $8,407,331 $4,804,190 $3,603,141
2015 $92,863 $8,281,046 $4,732,027 $3,549,019
2014 $91,443 $8,118,833 $4,639,334 $3,479,499
Source: Public Records

Map

California Los Angeles County Palos Verdes Estates 90274

1661 Paseo la Cresta, Palos Verdes Estates, CA

This home is located at 1661 Paseo la Cresta, Palos Verdes Estates, CA 90274 and is currently estimated at $8,559,832, approximately $560 per square foot. 1661 Paseo la Cresta is a home located in Los Angeles County with nearby schools including Vista Grande Elementary, Ridgecrest Intermediate, and Palos Verdes Peninsula 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.

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