NOT LISTED FOR SALE

Estimated Value: $3,787,298 - $4,123,000

5 Beds
4.5 Baths
4,723 Sq Ft
$835/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $2,825,000 $598 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $24,498/month

1 Day on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • Spa
  • Dumbwaiter

About This Home

As of March 2021

Looking for a Queen’s Necklace view? Look no further! Whether you are sipping coffee on your outdoor patio, eating pancakes at your breakfast nook, or watching the game from your living room, you get to enjoy the sought after Queen’s Necklace site in each space. Even downstairs in the family room the view is still incredible! This French Normandy home has it all, including the space needed for a large family or guests as it boasts of 5 bedrooms and 4.5 baths. However, it can also be utilized for single level living as the master bedroom/bath are on the main floor along with kitchen, living room, dining room and laundry. Upstairs above the garage you’ll find a private bedroom/bath that is perfect for guests or that teenager that needs a bit more space. Downstairs you’ll find 3 bedrooms, 2 bathrooms, a workout room and family room. Besides the outdoor patio off the kitchen, you also have a downstairs patio, spacious backyard/basketball court, side yard patio, and an amazing courtyard in the front, perfect for a private escape for book reading or just quiet solitude.

Last Agent to Sell the Property

Steven Watts

Vista Sotheby's International Realty License #00966894 Listed on: 02/01/2021

Vista Sotheby's International Realty

Last Buyer's Agent

Tadashi Kondo

Compass License #01438455

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,961

Year Built

  • Built in 1984

Lot Details

  • 9,516 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • French Architecture
  • Copper Plumbing

Interior Spaces

  • 4,723 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Storage
  • Laundry Room

Kitchen

  • Dumbwaiter
  • Breakfast Area or Nook
  • Built-In Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Spa
  • Wood patio

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 1615
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540022012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,961

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540022012
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4723.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Dumbwaiter, High Ceilings, Living Room Deck Attached, Storage, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 598.14
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 9516.00
  • Lot Size Acres: 0.2185

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9516.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1615
  • Tax Census Tract: 6703.24
  • Tax Lot: 24
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 9, 2021
Sold by
Kleinhen Thomas Garwood and Kleinhen Lisa Jane
Bought by
Chi Hai and Qin Dandan
Seller's Agent
Steven Watts
Vista Sotheby's International Realty
Buyer's Agent
Tadashi Kondo
Compass
List Price
$2,798,000
Sold Price
$2,825,000
Premium/Discount to List
$27,000
0.96%
Current Estimated Value
$3,942,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117,325
Avg. Annual Appreciation
7.91%
Original Mortgage
$1,600,000
Outstanding Balance
$1,437,542
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,504,783

Purchase Details

Closed on
Aug 9, 1999
Sold by
Halverson Steven T and Halverson Diane M
Bought by
Kleinhen Thomas Garwood and Kleinhen Lisa Jane

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
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1998
Sold by
Brandmeyer Brian K
Bought by
Halverson Steven T and Halverson Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Chi Hai $2,825,000 Usa Title Company
Kleinhen Thomas Garwood $1,315,000 First American Title Co
Halverson Steven T $1,325,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chi Hai $1,600,000
Previous Owner Kleinhen Thomas Garwood $1,000,000
Previous Owner Kleinhen Thomas Garwood $375,000
Previous Owner Kleinhen Thomas Garwood $941,000
Previous Owner Kleinhen Thomas Garwood $1,000,000
Previous Owner Halverson Steven T $560,000
Previous Owner Brandmeyer Brian K $125,000
Closed Halverson Steven T $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $2,825,000 +1.0% $598 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $2,798,000 -- $592 / 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 $34,961 $3,057,867 $1,923,588 $1,134,279
2024 $34,961 $2,997,910 $1,885,871 $1,112,039
2023 $34,402 $2,939,129 $1,848,894 $1,090,235
2022 $32,702 $2,881,500 $1,812,642 $1,068,858
2021 $22,344 $1,867,204 $830,656 $1,036,548
2020 $22,051 $1,848,059 $822,139 $1,025,920
2019 $21,419 $1,811,823 $806,019 $1,005,804
2018 $21,251 $1,776,298 $790,215 $986,083
2016 $20,147 $1,707,325 $759,531 $947,794
2015 $19,933 $1,681,681 $748,123 $933,558
2014 $19,632 $1,648,740 $733,469 $915,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21013796

California Regional Multiple Listing Service (CRMLS)

APN: 7540-022-012