$2,550,000
SOLD DEC 6, 2024
3 Beds
3 Baths
2,270 Sq Ft
8,198 Sq Ft Lot

Recently Sold

$1,123 Per Sq Ft

5% Below List Price

41 Days on Market

Highlights

  • Ocean View
  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Lunada Bay Elementary School Rated A+
  • Updated Kitchen
  • Lawn

About This Home

As of December 2024

Perched high enough for an ocean view in the highly sought-after lower Lunada Bay Area of Palos Verdes Estates, and walking distance to Lunada Bay’s adorable shops, this exquisitely remodeled single-story embodies luxury and elegance, with 3 bedrooms and 3 bathrooms, including jacuzzi tubs, plus a bonus-room downstairs with a closet, which can be used as a 4th bedroom, and spanning 2270 square feet. This spacious residence offers sweeping ocean and sunset views, creating a serene coastal retreat. The classic exterior in a smooth Santa Barbara finish, adorned with charming, beveled glass windows and multiple French doors and awnings, exudes character, while inside, the bright, open floor plan offers seamless living. This rare gem offers a once in a lifetime opportunity to live in one of Southern California's most coveted neighborhoods.

Last Agent to Sell the Property

Mary Ryan

Pacific Sotheby's Int'l Realty Brokerage Phone: 310-713-4860 License #01476437 Listed on: 09/18/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 310-713-4860 License #01024996

Last Buyer's Agent

Boyd E. Jeffery

Boyd The Broker Real Estate License #01225553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,418

Year Built

  • Built in 1954

Lot Details

  • 8,198 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Home Gym
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 1279
  • Tax Tract Number 7140
  • Assessor Parcel Number 7542001020
  • $1,699 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,418

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 310-713-4860
  • Other Phone Number: 310-713-4860
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542001020
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2270.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1123.35
  • Room Type: Exercise Room, Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Brick, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Park, Street Lights

Schools

  • School District: Palo Verde Unified
  • High School: Palos Verdes
  • High School: Palos Verdes
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8198.00
  • Lot Size Acres: 0.1882

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8198.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1279
  • Tax Census Tract: 6703.28
  • Tax Lot: 3
  • Tax Tract Number: 7140
  • TaxOtherAnnualAssessmentAmount: 1699.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Nov 7, 2024
Sold by
Zimet Marc J and Zimet Glenna Marie
Bought by
Barker Family Trust and Barker
Seller's Agent
Mary Ryan
Pacific Sotheby's Int'l Realty
Buyer's Agent
Boyd E. Jeffery
Boyd The Broker Real Estate
List Price
$2,695,000
Sold Price
$2,550,000
Premium/Discount to List
-$145,000
-5.38%
Total Days on Market
41
Views
49
Current Estimated Value
$2,527,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,135
Avg. Annual Appreciation
-1.85%
Original Mortgage
$1,250,000
Outstanding Balance
$1,246,382
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,269,185

Purchase Details

Closed on
Feb 3, 2017
Sold by
Tuens Matthew G
Bought by
Zimet Marc J and Schuette Glenna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
4.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 8, 2012
Closed on
May 15, 2012
Sold by
Ewertz Gregory James
Bought by
Tuens Matthew G and Tuens Elena H
Seller's Agent
Teri kane
Terry Citizen Kane
Buyer's Agent
Staci Brooks
Shorewood Realtors
List Price
$1,495,000
Sold Price
$1,199,000
Premium/Discount to List
-$296,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$209,200
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Ewertz Gregory James
Bought by
Ewertz Gregory James and Ewertz Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Ewertz Gregory James
Bought by
Ewertz Gregory James and Ewertz Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 1997
Sold by
Ewertz Gregory James
Bought by
Ewertz Gregory James and Ewertz Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1997
Sold by
Vahabzadeh Hussein
Bought by
Ewertz Gregory James and Ewertz Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,550,000 Lawyers Title Company
Grant Deed $1,600,000 Lawyers Title Company
Grant Deed $1,199,000 Progressive Title Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Grant Deed $560,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Closed $1,250,000 New Conventional
Previous Owner $1,380,000 New Conventional
Previous Owner $1,399,000 Adjustable Rate Mortgage/ARM
Previous Owner $189,500 Credit Line Revolving
Previous Owner $1,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $209,200 Future Advance Clause Open End Mortgage
Previous Owner $750,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $75,000 Credit Line Revolving
Previous Owner $460,000 Purchase Money Mortgage
Previous Owner $448,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $2,550,000 -5.4% $1,123 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $2,695,000 +68.4% $1,187 / Sq Ft
04/05/2017 04/05/17 Sold $1,600,000 +3.3% $773 / Sq Ft
03/09/2017 03/09/17 For Sale $1,549,000 0.0% $748 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,549,000 +29.2% $748 / Sq Ft
06/11/2012 06/11/12 Sold $1,199,000 0.0% $579 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
05/09/2012 05/09/12 Price Changed $1,199,000 -11.2% $579 / Sq Ft
04/23/2012 04/23/12 Price Changed $1,349,500 -5.3% $652 / Sq Ft
04/10/2012 04/10/12 Price Changed $1,425,000 -4.7% $688 / Sq Ft
03/08/2012 03/08/12 For Sale $1,495,000 -- $722 / 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 $21,418 $2,550,000 $2,140,000 $410,000
2024 $21,418 $1,820,524 $1,456,420 $364,104
2023 $21,034 $1,784,828 $1,427,863 $356,965
2022 $19,997 $1,749,832 $1,399,866 $349,966
2021 $20,004 $1,715,522 $1,372,418 $343,104
2020 $19,736 $1,697,932 $1,358,346 $339,586
2019 $19,205 $1,664,640 $1,331,712 $332,928
2018 $19,007 $1,632,000 $1,305,600 $326,400
2016 $14,901 $1,272,184 $864,640 $407,544
2015 $14,743 $1,253,076 $851,653 $401,423
2014 $14,525 $1,228,531 $834,971 $393,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24193101

California Regional Multiple Listing Service (CRMLS)

APN: 7542-001-020