NOT LISTED FOR SALE

1716 Via Montemar Palos Verdes Estates, CA 90274

Estimated Value: $2,716,000 - $5,986,000

3 Beds
2 Baths
1,721 Sq Ft
$2,816/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $1,675,000 $973 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $29,997/month

189 Days on Market

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Living Room
  • Montemalaga Elementary School Rated A+
  • No HOA
  • Central Air

About This Home

As of September 2016

A rare opportunity. A single level in the prestigious Malaga Cove, ocean panoramic view home has just opened.

As you walk in the door, a panoramic spectacular unobstructed view of the Santa Monica Bay blue ocean will be welcoming you. This move in condition home is freshly painted and beautifully appointed with fine details inside and out including a stained solid wood beam cathedral ceiling, custom cabinetry and hardware and custom doors and windows. The large living room with a new stone fireplace surround has a bay window which is overlooking a magnificent view. This beautifully remodeled home of 3 bed and luxuriously remodeled 2 bath has Cherry Cabinets & Marble Counters. A warm rustic European kitchen which is illustrated in its detailed woodwork, granite countertops and large island and French Doors will lead you to a charming Backyard Brick Patio. Additional Upgrades include Stainless Steel Appliances, Granite Counters and Tile Floors, Crown Molding, Hardwood Floors, Interior Paneled Doors, Lightings and Skylights.

The longer you stay and the closer you look the more impressive and immersed you will be with the ambiance and tranquility of this home.

Last Agent to Sell the Property

Crystal Chen

Crystal Real Estate License #01428445 Listed on: 01/20/2016

Last Buyer's Agent

Tim Nguyen

First City Realty License #01165872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,157

Year Built

  • Built in 1954

Lot Details

  • 8,397 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,721 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540030004

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,157

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540030004
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1721.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 973.27
  • Room Type: Family Room, Living Room, Master Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8397.00
  • Price Per Lot Square Foot: 199.48
  • Lot Size Acres: 0.1930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8397.0000 Square Feet
  • Number Of Units In Community: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
17 Montemar Llc
Bought by
Gildred George Lewis and Lampa Karrah
Current Estimated Value
$4,684,935

Purchase Details

Closed on
Dec 29, 2016
Sold by
Liu Hongyan
Bought by
17 Montemar Llc

Purchase Details

Listed on
Jan 20, 2016
Closed on
Aug 19, 2016
Sold by
Wang Charles S C
Bought by
Liu Hongyan
Seller's Agent
Crystal Chen
Crystal Real Estate
Buyer's Agent
Tim Nguyen
First City Realty
List Price
$1,750,000
Sold Price
$1,675,000
Premium/Discount to List
-$75,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%

Purchase Details

Listed on
Jan 20, 2016
Closed on
Aug 5, 2016
Sold by
Wang Julie
Bought by
Wang Charles S C
Seller's Agent
Crystal Chen
Crystal Real Estate
Buyer's Agent
Tim Nguyen
First City Realty
List Price
$1,750,000
Sold Price
$1,675,000
Premium/Discount to List
-$75,000
-4.29%

Purchase Details

Listed on
Jun 29, 2014
Closed on
Jul 21, 2014
Sold by
Nelson Vincent Daniel
Bought by
Wang Charles S C
Seller's Agent
Pamela Lieb
Pamela Lieb, Broker
Buyer's Agent
John Carnes
Keller Williams Palos Verdes
List Price
$1,499,000
Sold Price
$1,525,000
Premium/Discount to List
$26,000
1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Aug 8, 2005
Sold by
Dominic Fucci Inc
Bought by
Nelson Vincent Daniel and Nelson Susan Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2005
Sold by
Fucci Dominic
Bought by
Dominic Fucci Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2004
Sold by
Fucci Dominic
Bought by
Fucci Dominic and Fucci Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
4.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 8, 2004
Sold by
Fucci Dominic
Bought by
Fucci Dominic and Fucci Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
4.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 21, 2004
Sold by
Fucci Jo Ann
Bought by
Fucci Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Johnson Janet E
Bought by
Fucci Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gildred George Lewis $4,350,000 North American Title Company
17 Montemar Llc $1,675,000 None Available
Liu Hongyan $1,675,000 First American Title Company
Wang Charles S C -- First American Title
Wang Charles S C $1,525,000 Progressive
Nelson Vincent Daniel $1,415,000 Progressive Title
Dominic Fucci Inc -- Progressive Title
Fucci Dominic -- Lawyers Title
Fucci Dominic -- --
Fucci Dominic -- --
Fucci Dominic -- Fidelity Long Beach
Fucci Dominic $1,170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glldred George Lewis $700,000
Previous Owner 17 Montemar Llc $1,270,000
Previous Owner Nelson Vincent Daniel $261,360
Previous Owner Nelson Vincent Daniel $425,000
Previous Owner Fucci Dominic $942,500
Previous Owner Fucci Dominic $936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $1,675,000 0.0% $973 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/14/2016 07/14/16 Price Changed $1,675,000 -1.2% $973 / Sq Ft
06/25/2016 06/25/16 Price Changed $1,695,000 -1.5% $985 / Sq Ft
04/15/2016 04/15/16 Price Changed $1,720,000 +1.8% $999 / Sq Ft
03/25/2016 03/25/16 Price Changed $1,690,000 -3.4% $982 / Sq Ft
01/20/2016 01/20/16 For Sale $1,750,000 +14.8% $1,017 / Sq Ft
08/01/2014 08/01/14 Sold $1,525,000 +1.7% $871 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/29/2014 06/29/14 For Sale $1,499,000 -- $857 / 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 $52,157 $4,708,578 $2,543,714 $2,164,864
2024 $52,157 $4,616,254 $2,493,838 $2,122,416
2023 $51,358 $4,525,740 $2,444,940 $2,080,800
2022 $48,753 $4,437,000 $2,397,000 $2,040,000
2021 $21,066 $1,795,938 $1,795,938 $0
2020 $20,034 $1,777,523 $1,777,523 $0
2019 $19,929 $1,742,670 $1,394,136 $348,534
2018 $19,821 $1,708,500 $1,366,800 $341,700
2016 $17,835 $1,548,256 $1,238,605 $309,651
2015 $17,650 $1,525,000 $1,220,000 $305,000
2014 $18,273 $1,577,431 $1,226,273 $351,158
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16012902

California Regional Multiple Listing Service (CRMLS)

APN: 7540-030-004