NOT LISTED FOR SALE

Estimated Value: $1,931,000 - $2,458,000

3 Beds
2 Baths
1,842 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $1,435,000 $779 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $13,830/month

281 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Family Room
  • Lunada Bay Elementary School Rated A+
  • No HOA

About This Home

As of March 2017

Prime Lunada Bay location just blocks from the bluffs of Palos Verdes. A diamond in the rough boasting ocean views with potential to upgrade or build your dream home. Situated on an approximate 8,700 square feet lot, the home boasts 3 bedrooms and 2 bathrooms and estimated 1,842 square feet living space. Spacious backyard complete with a large swimming pool. Close proximity to award winning schools, shops and restaurants.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 05/02/2016

Last Buyer's Agent

Haley Larson

Estate Properties License #01866435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,579

Year Built

  • Built in 1954

Lot Details

  • 8,769

Interior Spaces

  • 1,842 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Lunada Bay Elementary School

Additional Features

  • Private Pool
  • 8,769 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541011027

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,579

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541011027
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1842.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 779.04
  • Room Type: Family Room, Living Room

Exterior Features

  • View: Ocean
  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • Elementary School: Lunada Bay
  • Elementary School #2: LUNBAY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8769.00
  • Price Per Lot Square Foot: 171.05

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Masi Derek
Bought by
City Of Palos Verdes Estates
Current Estimated Value
$2,238,599

Purchase Details

Listed on
May 2, 2016
Closed on
Feb 13, 2017
Sold by
Mukadam Hyder M
Bought by
Masi Derek Thomas and Masi Emily Elizabeth
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Haley Larson
Estate Properties
List Price
$1,499,900
Sold Price
$1,435,000
Premium/Discount to List
-$64,900
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,148,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Mukadam Hyder M
Bought by
Mukadam Hyder M and Mukadam Maria Victoria Pineda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 7, 1998
Sold by
Tsai Roland S
Bought by
Mukadam Hyder M and Mukadam Ma Victoria Pineda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.88%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
City Of Palos Verdes Estates -- --
Masi Derek Thomas $1,435,000 Lawyers Title
Mukadam Hyder M -- Fidelity National Financial
Mukadam Hyder M $575,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masi Derek Thomas $1,500,000
Previous Owner Masi Derek Thomas $1,425,000
Previous Owner Matura Gary D $594,069
Previous Owner Masi Derek Thomas $300,000
Previous Owner Masi Derek Thomas $200,000
Previous Owner Masi Derek Thomas $112,200
Previous Owner Masi Derek Thomas $1,148,000
Previous Owner Mukadam Hyder M $1,126,250
Previous Owner Mukadam Hyder M $100,000
Previous Owner Mukadam Hyder M $940,000
Previous Owner Mukadam Hyder M $235,000
Previous Owner Mukadam Hyder M $183,500
Previous Owner Mukadam Hyder M $36,000
Previous Owner Mukadam Hyder M $61,000
Previous Owner Mukadam Hyder M $76,000
Previous Owner Mukadam Hyder M $60,000
Previous Owner Mukadam Hyder M $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $1,435,000 -4.3% $779 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
05/02/2016 05/02/16 For Sale $1,499,900 -- $814 / 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 $19,579 $1,680,745 $1,332,350 $348,395
2024 $19,579 $1,647,790 $1,306,226 $341,564
2023 $19,221 $1,615,481 $1,280,614 $334,867
2022 $18,263 $1,583,805 $1,255,504 $328,301
2021 $18,275 $1,538,607 $1,230,887 $307,720
2020 $17,881 $1,522,831 $1,218,266 $304,565
2019 $17,358 $1,492,973 $1,194,379 $298,594
2018 $17,226 $1,463,700 $1,170,960 $292,740
2016 $9,466 $764,937 $609,182 $155,755
2015 $9,362 $753,448 $600,032 $153,416
2014 $9,228 $738,690 $588,279 $150,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16092393

California Regional Multiple Listing Service (CRMLS)

APN: 7541-011-027