NOT LISTED FOR SALE

2112 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated Value: $6,109,000 - $8,710,000

5 Beds
6 Baths
6,571 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $7,200,000 $1,096 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $47,385/month

Highlights

  • Coastline Views
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Lunada Bay Elementary School Rated A+
  • Gated Parking
  • Spanish Architecture

About This Home

As of June 2022

Welcome to this sophisticated 6,571 SqFt, 5 Bedrooms 6 Bath Breathtaking Ocean Front View, Spanish Villa situated in luxurious Paseo Del Mar. This charm exudes elegance and comfort in its fine setting of beamed ceilings, 4 fireplaces, and beautiful 17 French doors that open you to its exquisite courtyard. The home is packed with sumptuous features to enjoy a grand timeless stay of entertainment such as its wine room, a glamorous kitchen filled with high-end appliances. There is a great appreciation of the floor plan in this grand villa. Each bedroom is beyond magnificent. The master bedroom has its own balcony which overlooks into stunning ocean, Malibu & Santa Monica views that will take your breath away. Enjoy the quaint and beautiful backyard equipped with a pool and spa. Thats not all. The 3-car garage boasts plentiful space. Now you can enjoy a truly lavish stay.

Last Agent to Rent the Property

Litta Lee

Coldwell Banker Realty License #01094655 Listed on: 06/17/2022

Coldwell Banker Realty

Last Renter's Agent

Jessica Felix

Rodeo Realty License #01779067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,170

Year Built

  • Built in 2002

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 97x197
  • Property is zoned PVR1*

Property Views

  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Spanish Architecture

Interior Spaces

  • 6,571 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $34,000
  • 12 Month Lease Term
  • Assessor Parcel Number 7542-008-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,170

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 34000

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 6571
  • Lot Acreage: 0.4464
  • Lot Dimensions: 97x197
  • Stories: 1
  • Year Built: 2002
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Dining, Family Room, Gas, Living Room, Master Bedroom
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Dryer, Freezer, Microwave, Refrigerator
  • Price Per S Q F T: 2.59

Exterior Features

  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: City Lights, Coastline, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Garage - 3 Car, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central, Forced Air, Natural Gas

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 7542-008-004
  • Lot Size Area: 19445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2016
Sold by
King Douglas S
Bought by
Colich Tom P and Colich Judy L
Current Estimated Value
$7,577,261

Purchase Details

Listed on
Sep 9, 2015
Closed on
Nov 5, 2015
Sold by
Pontual Romulo Cruz
Bought by
Dante Corporation
Seller's Agent
Kathleen Parkes
Kathleen Parkes, Broker
Buyer's Agent
Kathleen Parkes
Kathleen Parkes, Broker
List Price
$5,500,000
Sold Price
$5,200,000
Premium/Discount to List
-$300,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Armour Timothy D
Bought by
Pontual Romulo Cruz and Pontual Maria Helena Teixeira

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
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Accetta Tom
Bought by
Armour Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Elite Homes Inc
Bought by
Accetta Tom and Accetta Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,835,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Schiappa Luigi R
Bought by
Elite Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,835,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Elite Homes Inc
Bought by
Schiappa Luigi R and Schiappa Adriana Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,835,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2000
Sold by
Rea Edmund J Sr Trs Rea Family Trust
Bought by
Elite Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colich Tom P $4,525,000 Lawyers Title
Dante Corporation $5,200,000 First American Title Co Sout
Pontual Romulo Cruz $3,750,000 Usa National Title Company
Armour Timothy D $4,400,000 Lawyers Title
Accetta Tom $3,000,000 Landamerica Lawyers Title
Elite Homes Inc -- Landamerica Lawyers Title
Schiappa Luigi R -- Lawyers Title Company
Elite Homes Inc $1,150,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bge Family Trust $950,000
Previous Owner Pontual Romulo Cruz $1,800,000
Previous Owner Pontual Romulo Cruz $2,000,000
Previous Owner Armour Timothy D $605,000
Previous Owner Armour Timothy D $2,860,000
Previous Owner Schiappa Luigi R $1,835,000
Previous Owner Elite Homes Inc $1,835,000
Previous Owner Elite Homes Inc $600,000
Closed Armour Timothy D $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Rented $17,000 0.0% --
06/21/2022 06/21/22 Under Contract -- -- --
06/17/2022 06/17/22 For Rent $17,000 0.0% --
06/10/2022 06/10/22 Sold $7,200,000 -0.7% $1,096 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $7,250,000 +39.4% $1,103 / Sq Ft
12/02/2015 12/02/15 Sold $5,200,000 -5.5% $791 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $5,500,000 -- $837 / 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 $84,170 $7,640,697 $5,306,040 $2,334,657
2024 $84,170 $7,490,880 $5,202,000 $2,288,880
2023 $82,944 $7,344,000 $5,100,000 $2,244,000
2022 $64,021 $5,800,696 $4,350,523 $1,450,173
2021 $63,958 $5,686,958 $4,265,219 $1,421,739
2020 $63,099 $5,628,646 $4,221,485 $1,407,161
2019 $61,186 $5,518,281 $4,138,711 $1,379,570
2018 $60,832 $5,410,080 $4,057,560 $1,352,520
2016 $57,786 $5,200,000 $3,900,000 $1,300,000
2015 $45,115 $3,997,516 $2,132,009 $1,865,507
2014 $44,428 $3,919,211 $2,090,246 $1,828,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-168411

The MLS

APN: 7542-008-004