R
Seller's Agent in 2018
Raju Chhabria
Chhabria Real Estate Company
2017 Paseo Del Sol Palos Verdes Estates, CA 90274
Estimated Value: $7,122,000 - $8,352,983
4
Beds
5.5
Baths
5,446
Sq Ft
$1,444/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- In Ground Pool
- Updated Kitchen
- Montemalaga Elementary School Rated A+
- Primary Bedroom Suite
- 24,603 Sq Ft lot
About This Home
As of May 2018Malaga Cove personified. The best view of the “Queen’s Necklace” spanning from dramatic sunsets descending on the Channel Islands to The Getty Museum, Hollywood Sign, Downtown LA, Mount Baldy and of course all the beach cities from PV to Malibu on one of the most coveted locations in all of PV. Possessing one of the best views in all of LA this home also sits on a private & usable lot w/ a large, glimmering glass tile pool & putting green perfectly facing the view. On the market for the first time in over 20 years this meticulously maintained turn-key home is truly special. Upon entry through the front door you are greeted with mesmerizing views and staring down the LA coastline. The first floor contains the chef’s kitchen, family room, breakfast nook, living room, “sky bar” deck and bedroom wing w/ master bedroom, spare en-suite bedroom & office. The lower level leads you to the large great room & bar equipped w/ dishwasher & fridge. In the great room are sliding glass doors for access to the beautiful travertine patio and alluring backyard fitted w/ 4 fire features, 2 cascading rock falls, pool w/ baja step & spa, putting green and orchard all facing the VIEW! Also on the lower level of the home are 2 large en-suite bedrooms, pool bath, gym & laundry room. Other features include two separate HVAC systems, Vantage lighting, water purification system, security & music systems. This is a must see property.
Last Agent to Sell the Property
Raju Chhabria
Chhabria Real Estate Company License #00874072 Listed on: 04/23/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $79,315
Year Built
- Built in 1957
Lot Details
- 0.56
Parking
- 3 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
- Mountain
Interior Spaces
- 5,446 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Formal Entry
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Gym
- Home Security System
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Built-In Range
- Indoor Grill
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Double Master Bedroom
- Multi-Level Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Stone Bathroom Countertops
- Bathtub
- Walk-in Shower
Pool
- In Ground Pool
- In Ground Spa
Schools
- Montemalaga Elementary School
- Palos Verdes Middle School
- Palos Verdes Peninsula High School
Utilities
- Zoned Heating and Cooling
- Tankless Water Heater
- Water Purifier
Additional Features
- Living Room Balcony
- 0.56 Acre Lot
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 6884
- Assessor Parcel Number 7540026028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2018
Closed on
May 11, 2018
Sold by
Lovell Jeffrey D
Bought by
Clark Lawrence S and Clark Anne M
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Susannah Hogentogler
Compass
List Price
$6,499,000
Sold Price
$6,300,000
Premium/Discount to List
-$199,000
-3.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,562,996
Avg. Annual Appreciation
3.09%
Original Mortgage
$4,725,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2002
Sold by
Lovell Elaine Worley
Bought by
Lovell Jeffrey D and Lovell Elaine W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 1999
Sold by
Lovell Elaine W
Bought by
Lovell Elaine Worley
Purchase Details
Closed on
Jan 11, 1999
Sold by
Lovell Jeffrey D
Bought by
Lovell Elaine W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,502,500
Interest Rate
7.5%
Mortgage Type
Unknown
Purchase Details
Closed on
May 15, 1997
Sold by
Byrnes Grace M Trust
Bought by
Lovell Jeffrey D and Lovell Elaine W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,750
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clark Lawrence S | $6,300,000 | Lawyers Title | |
| Lovell Jeffrey D | -- | Equity Title Company | |
| Lovell Elaine Worley | -- | -- | |
| Lovell Elaine W | -- | -- | |
| Lovell Jeffrey D | $1,495,000 | Commonwealth Land Title Co | |
| Byrnes Grace M | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clark Lawrence S | $5,000,000 | |
| Closed | Clark Lawrence S | $4,725,000 | |
| Previous Owner | Lovell Jeffrey D | $976,000 | |
| Previous Owner | Lovell Jeffrey D | $975,000 | |
| Previous Owner | Lovell Jeffrey D | $2,000,000 | |
| Previous Owner | Lovell Elaine Worley | $2,000,000 | |
| Previous Owner | Lovell Jeffrey D | $1,502,500 | |
| Previous Owner | Lovell Jeffrey D | $1,096,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2018 05/17/18 | Sold | $6,300,000 | -3.1% | $1,157 / Sq Ft |
| 05/03/2018 05/03/18 | Pending | -- | -- | -- |
| 04/23/2018 04/23/18 | For Sale | $6,499,000 | -- | $1,193 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $79,315 | $7,222,444 | $5,177,122 | $2,045,322 |
| 2024 | $79,315 | $7,080,828 | $5,075,610 | $2,005,218 |
| 2023 | $78,150 | $6,941,989 | $4,976,089 | $1,965,900 |
| 2022 | $74,166 | $6,805,872 | $4,878,519 | $1,927,353 |
| 2021 | $74,041 | $6,622,424 | $4,782,862 | $1,839,562 |
| 2020 | $72,511 | $6,554,520 | $4,733,820 | $1,820,700 |
| 2019 | $70,286 | $6,426,000 | $4,641,000 | $1,785,000 |
| 2018 | $26,974 | $2,294,829 | $1,256,354 | $1,038,475 |
| 2016 | $25,584 | $2,205,719 | $1,207,569 | $998,150 |
| 2015 | $25,317 | $2,172,588 | $1,189,431 | $983,157 |
| 2014 | $24,943 | $2,130,031 | $1,166,132 | $963,899 |
Source: Public Records
Agents Affiliated with this Home
-
-
Neil Chhabria
Seller Co-Listing Agent in 2018
Neil Chhabria
Chhabria Real Estate Company
(310) 902-7227
12 in this area
44 Total Sales
-
Susannah Hogentogler
Buyer's Agent in 2018
Susannah Hogentogler
Compass
(310) 266-5145
3 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18083719
APN: 7540-026-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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