$3,850,000
SOLD JUL 29, 2014

2116 Paseo Del Mar Palos Verdes Estates, CA 90274

5 Beds
5.5 Baths
6,168 Sq Ft
0.44 Acres

Recently Sold

$624 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • Lunada Bay Elementary School Rated A+
  • In Ground Pool
  • Maid or Guest Quarters

About This Home

As of August 2016

Enjoy the custom quality and comfort of this beautiful Palos Verdes Estates home. Situated along the coastal bluffs of Lunada Bay, this remarkable home offers a premiere location along with a wonderful living environment. The 6,168 s.f. floor plan is highlighted by an expansive gourmet kitchen opening to a great room and equipped with all the high end amenities that a discriminating buyer would appreciate. The 5 bedroom layout offers a bedroom wing, separate guest quarters and a luxurious master suite with spa like bathroom. Adjacent to the master suite is a private office/library. Complimenting the casual living areas and intended for formal entertaining are the elegantly appointed living room and dining room. The lushly landscaped grounds feature a circular driveway and fountain, pool, spa and covered patio area with built in BBQ center. With partial views of the ocean and across the street from open park land and the coastal preserve this home offers a wonderful and rare buying opportunity.

Last Agent to Sell the Property

Kevin Moen

Estate Properties License #01014808 Listed on: 06/09/2014

Last Buyer's Agent

Tom Nickl

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,519

Year Built

  • Built in 1954

Lot Details

  • 0.44 Acre Lot
  • Rectangular Lot
  • Private Yard
  • Front Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Additions or Alterations

Interior Spaces

  • 6,168 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Ocean Views
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot 005
  • Tax Tract Number 7542
  • Assessor Parcel Number 7542008005

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,519

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542008005
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6168.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 624.19
  • Room Type: Den, Entry, Family Room, Guest/Maid's Quarters, Great Room, Exercise Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Front Yard, Rectangular Lot, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 19054.00
  • Lot Size Acres: 0.4370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19054.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: 005
  • Tax Tract Number: 7542

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
$6,572,729

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jun 30, 2014
Sold by
Dela Torre Lydia
Bought by
Liv Douglas S and Liv Kathryn
Seller's Agent
Kevin Moen
Estate Properties
Buyer's Agent
Tom Nickl
Estate Properties
List Price
$3,950,000
Sold Price
$3,850,000
Premium/Discount to List
-$100,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$2,695,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Delatorre George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1995
Sold by
Cramlet Eddie E and Cramlet Linda A
Bought by
Home Svgs Of America Fsb
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 Type Sale Price Title Company
Grant Deed $4,525,000 Lawyers Title
Grant Deed $3,850,000 Progressive Title Company
Corporate Deed $1,350,000 Investors Title Company
Trustee Deed $1,275,000 Investors Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,695,000 Adjustable Rate Mortgage/ARM
Previous Owner $939,000 Unknown
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $4,525,000 -9.5% $823 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
02/29/2016 02/29/16 Price Changed $4,999,999 -3.8% $909 / Sq Ft
01/04/2016 01/04/16 For Sale $5,200,000 +35.1% $945 / Sq Ft
07/29/2014 07/29/14 Sold $3,850,000 -2.5% $624 / Sq Ft
06/09/2014 06/09/14 For Sale $3,950,000 -- $640 / 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 $61,519 $5,501,969 $3,481,756 $2,020,213
2024 $61,519 $5,394,088 $3,413,487 $1,980,601
2023 $60,605 $5,288,322 $3,346,556 $1,941,766
2022 $57,563 $5,184,631 $3,280,938 $1,903,693
2021 $57,509 $5,082,972 $3,216,606 $1,866,366
2020 $56,740 $4,941,691 $3,183,624 $1,758,067
2019 $54,107 $4,844,796 $3,121,200 $1,723,596
2018 $52,323 $4,615,500 $3,060,000 $1,555,500
2016 $43,712 $3,908,712 $2,893,462 $1,015,250
2015 $43,267 $3,850,000 $2,850,000 $1,000,000
2014 $23,490 $1,992,216 $813,113 $1,179,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14120190

California Regional Multiple Listing Service (CRMLS)

APN: 7542-008-005