NOT LISTED FOR SALE

1701 Lower Paseo la Cresta Palos Verdes Estates, CA 90274

Estimated Value: $7,936,000 - $9,850,338

6 Beds
8 Baths
9,484 Sq Ft
$944/Sq Ft Est. Value

About This Home

This home is located at 1701 Lower Paseo la Cresta, Palos Verdes Estates, CA 90274 and is currently estimated at $8,953,335, approximately $944 per square foot. 1701 Lower 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
Dec 15, 2020
Sold by
Chhabria Raju Khubchand and Chhabria Philomina
Bought by
Handa Ajay and Handa Reva
Current Estimated Value
$8,953,335

Purchase Details

Closed on
Mar 10, 2020
Sold by
Chhabria Neil Krishna and Chhabria Anand Raju
Bought by
Chhabria Raju Khubchand and Chhabria Philomina

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
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2013
Sold by
Chhabria Raju and Chhabria Philomina
Bought by
Chhabria Neil Krishna and Chhabria Anand Raju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2013
Sold by
Chhabria Neil Krishna and Chhabria Anand Raju
Bought by
Chhabria Raju and Chhabria Philomina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Chhabria Raju and Chhabria Philomina
Bought by
Chhabria Neil Krishna and Chhabria Anand Raju

Purchase Details

Closed on
May 2, 2007
Sold by
The Chhabria Family Lp
Bought by
Chhabria Raju and Chhabria Philomina

Purchase Details

Closed on
Nov 13, 2003
Sold by
Chhabria Raju and Chhabria Philomina
Bought by
Chhabria Family Lp

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
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 1994
Sold by
Lee Jason Tzung Hsun and Lee John Tzung Yen
Bought by
Lee Chen Heritage
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
Handa Ajay $7,510,000 Lawyers Title Company
Chhabria Raju Khubchand -- Lawyers Title
Chhabria Neil Krishna -- Accommodation
Chhabria Raju -- Lawyers Title Company
Chhabria Neil Krishna -- None Available
Chhabria Raju -- None Available
Lee Chen Heritage -- Commonwealth Land Title Co
Lee John T -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Handa Family Trust $5,000,000
Previous Owner Chhabria Raju Khubchand $1,000,000
Previous Owner Chhabria Raju $2,200,000
Previous Owner Chhabria Family Lp $500,000
Previous Owner Chhabria Philomina $1,000,000
Previous Owner Chhabria Raju $660,000
Previous Owner Chhabria Raju $1,500,000
Previous Owner Chhabria Raju $4,000,000
Previous Owner Chhabria Raju $2,160,000
Previous Owner Chhabria Raju $2,200,000
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 $90,327 $8,129,064 $3,799,336 $4,329,728
2024 $90,327 $7,969,672 $3,724,840 $4,244,832
2023 $89,030 $7,813,404 $3,651,804 $4,161,600
2022 $84,545 $7,660,200 $3,580,200 $4,080,000
2021 $65,769 $5,773,817 $2,242,542 $3,531,275
2020 $64,895 $5,714,615 $2,219,548 $3,495,067
2019 $62,954 $5,602,565 $2,176,028 $3,426,537
2018 $62,403 $5,492,711 $2,133,361 $3,359,350
2016 $59,237 $5,279,424 $2,050,521 $3,228,903
2015 $58,631 $5,200,123 $2,019,721 $3,180,402
2014 $57,742 $5,098,261 $1,980,158 $3,118,103
Source: Public Records

Map

California Los Angeles County Palos Verdes Estates 90274

1701 Lower Paseo la Cresta, Palos Verdes Estates, CA

This home is located at 1701 Lower Paseo la Cresta, Palos Verdes Estates, CA 90274 and is currently estimated at $8,953,335, approximately $944 per square foot. 1701 Lower 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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