NOT LISTED FOR SALE

2028 Via Visalia Palos Verdes Estates, CA 90274

Estimated Value: $2,716,000 - $3,190,000

4 Beds
3 Baths
2,512 Sq Ft
$1,175/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $2,125,000 $846 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $18,300/month

107 Days on Market

Highlights

  • Ocean View
  • 0.48 Acre Lot
  • No HOA
  • Montemalaga Elementary School Rated A+
  • Living Room with Attached Deck
  • Living Room Balcony

About This Home

As of June 2020

WOW .Dramatic price reduction.!! Incredible price.!! A truly rare MID CENTURY architectural gem situated on a hillside overlooking Palos Verdes with excellent ocean views and Santa Monica and Malibu views! A post and beam home on a 20,000 sq. ft lot designed by award winning firm BUFF & HENSMAN in 1966, the home has clean lines, open spaces, floor to ceiling windows throughout, and integrates indoor/ outdoor living perfectly. Updated in a way that respects the original design, the home maintains many of its original post and beam elements. The open plan living and dining space features the original fireplace and glass walls providing natural light, views of ocean and PV greenery, and access to a spacious deck and backyard. The master has clean lines with wall to wall closet and original post and beam details. Beautiful master bathroom features significant inner atrium. Additional living space features original light fixtures and glass walls that open to sizable, serene patio with landscaping that maximizes privacy. Kitchen is framed with large windows with ocean views and has been updated with new appliances. Two additional bedrooms have ocean views. Additional bathroom has rare, original high ceiling design. Other standout features include large laundry room, custom Heath ceramic tiles throughout, new plumbing systems, new electrical panel and wires, new double paned windows, new garage door, and new sprinkler system. Don't miss out on this exceptional property!

Last Agent to Sell the Property

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 02/01/2020

Keller Williams Palos Verdes

Last Buyer's Agent

Catherine Ryang

Keller Williams South Bay License #02067711

Keller Williams South Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,555

Year Built

  • Built in 1966

Lot Details

  • 0.48 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 2,512 Sq Ft Home
  • Recessed Lighting
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Laundry Room

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Living Room Balcony

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 7538
  • Assessor Parcel Number 7545026003

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,555

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 3102938081
  • Other Phone Ext: 938081
  • Other Phone Number: 3102938081
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545026003
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2512.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 845.94
  • Room Type: Family Room, Formal Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Disposal, Microwave, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20804.00
  • Lot Size Acres: 0.4776

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20804.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 7538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
May 21, 2020
Sold by
Kim Phillip
Bought by
Ryang Peter and Ryang Katherine
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Catherine Ryang
Keller Williams South Bay
List Price
$2,690,000
Sold Price
$2,125,000
Premium/Discount to List
-$565,000
-21%
Current Estimated Value
$2,952,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,478
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,168,750
Outstanding Balance
$1,034,428
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,955,455

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 8, 2019
Sold by
Lewis Family Trust
Bought by
Phillip Kim Living Trust
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Young Lee
Keller Williams Palos Verdes
List Price
$1,499,000
Sold Price
$1,680,000
Premium/Discount to List
$181,000
12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.43%
Original Mortgage
$1,360,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ryang Peter $2,125,000 Lawyers Title
Phillip Kim Living Trust $1,700,000 Consumers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryang Peter $1,168,750
Previous Owner Phillip Kim Living Trust $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $2,125,000 -3.2% $846 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $2,195,000 -4.5% $874 / Sq Ft
04/14/2020 04/14/20 Price Changed $2,298,000 -2.2% $915 / Sq Ft
03/17/2020 03/17/20 Price Changed $2,349,000 -5.7% $935 / Sq Ft
02/27/2020 02/27/20 Price Changed $2,490,000 -3.9% $991 / Sq Ft
02/03/2020 02/03/20 Price Changed $2,590,000 -3.7% $1,031 / Sq Ft
02/01/2020 02/01/20 For Sale $2,690,000 +60.1% $1,071 / Sq Ft
04/13/2019 04/13/19 Sold $1,680,000 +12.1% $669 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $1,499,000 -- $597 / 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 $26,555 $2,323,995 $1,859,197 $464,798
2024 $26,555 $2,278,428 $1,822,743 $455,685
2023 $26,103 $2,233,753 $1,787,003 $446,750
2022 $24,810 $2,189,955 $1,751,964 $437,991
2021 $24,812 $2,147,015 $1,717,612 $429,403
2020 $20,381 $1,734,000 $1,275,000 $459,000
2019 $3,903 $200,393 $85,911 $114,482
2018 $3,748 $196,465 $84,227 $112,238
2016 $3,527 $188,838 $80,957 $107,881
2015 $3,479 $186,002 $79,741 $106,261
2014 $3,442 $182,359 $78,179 $104,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20020429

California Regional Multiple Listing Service (CRMLS)

APN: 7545-026-003