NOT LISTED FOR SALE

1673 Cataluna Place Palos Verdes Estates, CA 90274

Estimated Value: $3,297,801 - $3,765,000

4 Beds
4 Baths
3,830 Sq Ft
$901/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $2,199,000 $574 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $21,077/month

167 Days on Market

Highlights

  • Ocean View
  • Bonus Room
  • Two cooling system units
  • Montemalaga Elementary School Rated A+
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of March 2020

Private Monte Malaga estate built for luxurious family living and entertaining prowess. This exemplary 3830 sq ft house was completely remodeled in 2003 and the secluded 15,000+ sq ft lot is located in Palos Verdes Estates. Award-winning schools, breath taking ocean and city views, an exceptionally low crime rate, and various amenities make Palos Verdes Estates one of LA county’s top sought after places to call home. The estate lies atop of a hillside driveway at the end of a peaceful cul de sac street and exuberates privacy, family living, and opportunity. The house has hardwood floors throughout and is move in ready with 4 large bedrooms, a three car garage, a brand new dual AC, an open concept flow, a large kitchen island, a brand new terra-cotta roof by Midwest Roofing Co., and well maintained landscaping. All 4 bedrooms reside upstairs as do two ensuite baths and a third hallway bath as well. Of course the master bedroom has a walk-in closet. Come see all the custom touches this palace holds.

Last Agent to Sell the Property

Jason Sikola

Estate Properties License #01890165 Listed on: 08/12/2019

Estate Properties

Co-Listed By

Scott Bredesen

Estate Properties License #02057270

Last Buyer's Agent

Lisa Babros

Vista Sotheby’s International Realty License #01114956

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,736

Year Built

  • Built in 2003

Lot Details

  • 0.35 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Interior Spaces

  • 3,830 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 28957
  • Assessor Parcel Number 7545030017

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,736

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545030017
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3830.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 574.15
  • Room Type: All Bedrooms Up, Bonus Room, Formal Entry, Master Bathroom, Master Bedroom

Exterior Features

  • View: Catalina, Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15118.00
  • Lot Size Acres: 0.3471

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 15118.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 9
  • Tax Tract Number: 28957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
May 1, 2020
Sold by
Nguyen James A and Lin Nguyen Jennifer
Bought by
Nguyen James A and Lin Nguyen Jennifer
Seller's Agent
Jason Sikola
Estate Properties
Buyer's Agent
Lisa Babros
Vista Sotheby’s International Realty
List Price
$2,199,000
Sold Price
$2,199,000
Current Estimated Value
$3,450,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,700
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jan 29, 2020
Sold by
Salvay Michael E and Salvay Laura D
Bought by
Nguyen James and Lin Nguyen Jennifer
Seller's Agent
Jason Sikola
Estate Properties
Buyer's Agent
Lisa Babros
Vista Sotheby’s International Realty
List Price
$2,199,000
Sold Price
$2,199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,759,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2003
Sold by
Salvay Michael E and Salvay Laura D
Bought by
Salvay Michael E and Salvay Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Salvay Michael E and Salvay Laura D
Bought by
Salvay Michael E and Salvay Laura D

Purchase Details

Closed on
Apr 22, 1998
Sold by
Steinkohl William B and Steinkohl Sari H
Bought by
Salvay Michael E and Salvay Larua D

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
7%

Purchase Details

Closed on
Jun 7, 1994
Sold by
Sheridan Barney J and Sheridan Mary I
Bought by
Steinkohl William B and Steinkohl Sari H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.37%
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
Nguyen James A -- None Available
Nguyen James $2,199,000 Western Resources Title
Salvay Michael E -- First American Title Co
Salvay Michael E -- --
Salvay Michael E $825,000 First American Title Co
Steinkohl William B $720,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen James A $1,456,000
Previous Owner Nguyen James $1,759,200
Previous Owner Salvay Michael E $1,150,000
Previous Owner Salvay Michael E $1,268,545
Previous Owner Salvay Michael E $1,275,000
Previous Owner Salvay Michael E $1,400,000
Previous Owner Salvay Michael E $375,000
Previous Owner Salvay Michael E $500,000
Previous Owner Salvay Michael E $200,000
Previous Owner Salvay Michael E $172,000
Previous Owner Salvay Michael E $862,500
Previous Owner Salvay Michael E $66,000
Previous Owner Salvay Michael E $650,000
Previous Owner Steinkohl William B $576,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $2,199,000 0.0% $574 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
08/12/2019 08/12/19 For Sale $2,199,000 0.0% $574 / Sq Ft
01/13/2019 01/13/19 Rented $7,500 -11.8% --
12/31/2018 12/31/18 Under Contract -- -- --
11/04/2018 11/04/18 For Rent $8,500 -- --
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 $27,736 $2,404,924 $1,923,940 $480,984
2024 $27,736 $2,357,769 $1,886,216 $471,553
2023 $27,272 $2,311,539 $1,849,232 $462,307
2022 $25,933 $2,266,216 $1,812,973 $453,243
2021 $25,998 $2,221,781 $1,777,425 $444,356
2020 $15,631 $1,260,102 $942,079 $318,023
2019 $15,196 $1,235,395 $923,607 $311,788
2018 $15,033 $1,211,173 $905,498 $305,675
2016 $14,249 $1,164,144 $870,338 $293,806
2015 $14,095 $1,146,658 $857,265 $289,393
2014 $13,891 $1,124,198 $840,473 $283,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19192919

California Regional Multiple Listing Service (CRMLS)

APN: 7545-030-017