NOT LISTED FOR SALE

2027 Via Cerritos Palos Verdes Estates, CA 90274

Estimated Value: $5,450,707 - $7,081,000

6 Beds
7 Baths
6,046 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $4,460,000 $738 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $37,904/month

71 Days on Market

Highlights

  • Attached Guest House
  • Spa
  • Family Room with Fireplace
  • Montemalaga Elementary School Rated A+
  • Bluff View
  • 5-minute walk to Coronel Plaza

About This Home

As of October 2016

*PRICED TO SELL!* *MOTIVATED SELLER* A rare, once in a lifetime opportunity to own an exquisite custom built estate with panoramic 180-degree ocean views in coveted Palos Verdes Estates! Featuring 6 beds+7 baths at approximately 6046 sq.ft, this estate boasts impeccable landscaping surrounded by lush Jasmine and Lavender gardens, an extravagant master suite with a spa-like master bath, a chef-inspired gourmet kitchen with Viking appliances for indoor and outdoor entertainment and even a private yoga studio. Fitted with custom natural wood floors, non-toxic/non-VOC paint throughout, a Bose home surround sound system, and sophisticated custom finishes satisfy even the most discerning of tastes. With close proximity to world-class beaches, hiking trails, and a prestigious local school system, this is a perfect property for those who desire a perfect blend of luxury and privacy.

Last Agent to Sell the Property

Joyce Kim

Coldwell Banker Realty License #01915285 Listed on: 06/12/2016

Last Buyer's Agent

Zheng (Helen) Qi

License #01926488

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,861

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Sprinkler System
  • Property is zoned PVR1YY

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 6,046 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Custom Window Coverings
  • Formal Entry
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Bluff Views
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Ceramic Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms
  • Spa Bath
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Automatic Gate

Outdoor Features

  • Spa
  • Balcony
  • Outdoor Grill

Additional Features

  • Attached Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7544-024-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,861

Year Built

Built in 2004 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Living Area: 6046
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Appliances: Built-In And Free Standing
  • Bedrooms: 6
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Ceramic Counters
  • Laundry: In Unit
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Price Per S Q F T: 750.00
  • Windows: Custom Window Covering

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Patio: Balcony
  • Pool: No
  • Roof: Concrete, Tile
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Bluff
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Security: Automatic Gate

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 7544-024-012
  • Geocode Override: No
  • Lot Size Area: 18662

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Wang Yaping
Bought by
Ma Guangping and Wang Yaping
Current Estimated Value
$6,239,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,900
Outstanding Balance
$1,801,458
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$4,947,300

Purchase Details

Listed on
Jun 12, 2016
Closed on
Aug 22, 2016
Sold by
Ma Guangping
Bought by
Wang Yaping
Seller's Agent
Joyce Kim
Coldwell Banker Realty
Buyer's Agent
Zheng (Helen) Qi
List Price
$4,895,000
Sold Price
$4,460,000
Premium/Discount to List
-$435,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$2,230,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2010
Sold by
Kemps Michael M and Kemps Gemma
Bought by
Shin Jeong Ok and The Jeong Ok Shin Revocable Li

Purchase Details

Closed on
Nov 29, 2006
Sold by
Kemps Michael M and Kemps Gemma
Bought by
Kemps Michael M and Kemps Gemma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2005
Sold by
Park Sang Ho and Park Soon Minh
Bought by
Kemps Michael M and Kemps Gemma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
2027 Via Cerritos
Bought by
Park Sang Ho and Park Soon Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Klecker John Peter
Bought by
2027 Via Cerritos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,863,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 4, 2002
Sold by
Klecker Sandra J
Bought by
Klecker John Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,863,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 25, 2002
Sold by
Klecker Anita Nelly and Klecker John Peter
Bought by
Klecker John Peter
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
Ma Guangping -- Old Republic Title Company
Wang Yaping -- Pacific Coast Title Company
Wang Yaping $4,460,000 Pacific Coast Title Company
Shin Jeong Ok $3,175,000 Chicago Title Company
Kemps Michael M -- None Available
Kemps Michael M $3,800,000 Lawyers Title
Park Sang Ho $3,500,000 Southland Title
2027 Via Cerritos $875,000 Southland Title Corporation
Klecker John Peter -- Southland Title
Klecker John Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Guangping $1,999,900
Previous Owner Wang Yaping $2,230,000
Previous Owner Kemps Michael M $2,660,000
Previous Owner Park Sang Ho $1,500,000
Previous Owner 2027 Via Cerritos $1,863,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $4,460,000 -1.7% $738 / Sq Ft
07/26/2016 07/26/16 Price Changed $4,537,000 -4.0% $750 / Sq Ft
07/05/2016 07/05/16 Price Changed $4,725,000 -3.5% $782 / Sq Ft
06/12/2016 06/12/16 For Sale $4,895,000 -- $810 / Sq Ft
Source: The MLS

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 $57,861 $5,176,208 $3,435,331 $1,740,877
2024 $57,861 $5,074,715 $3,367,972 $1,706,743
2023 $56,994 $4,975,212 $3,301,934 $1,673,278
2022 $54,131 $4,877,660 $3,237,191 $1,640,469
2021 $54,081 $4,782,020 $3,173,717 $1,608,303
2020 $53,356 $4,732,987 $3,141,175 $1,591,812
2019 $51,746 $4,640,184 $3,079,584 $1,560,600
2018 $51,455 $4,549,200 $3,019,200 $1,530,000
2016 $38,922 $3,436,177 $2,056,295 $1,379,882
2015 $38,523 $3,384,563 $2,025,408 $1,359,155
2014 $37,940 $3,318,266 $1,985,734 $1,332,532
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joyce Kim

    Coldwell Banker Realty

    Section Image

  • Z

    Buyer's Agent in 2016

    Zheng (Helen) Qi

See All Agents

Map

Source: The MLS

MLS Number: 16-132502

The MLS

APN: 7544-024-012

California Los Angeles County Palos Verdes Estates 90274

2027 Via Cerritos, Palos Verdes Estates, CA

This home is located at 2027 Via Cerritos, Palos Verdes Estates, CA 90274 since 12 June 2016 and is currently estimated at $6,239,677, approximately $1,032 per square foot. This property was built in 2004. 2027 Via Cerritos is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

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