NOT LISTED FOR SALE

2132 Via Olivera Palos Verdes Estates, CA 90274

Estimated Value: $2,257,000 - $2,562,003

4 Beds
2.5 Baths
2,331 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $1,400,700 $601 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $14,888/month

53 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Mediterranean Architecture
  • Lunada Bay Elementary School Rated A+
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of April 2017

Bank-owned. One story mid century ranch fixer on flat .29 acre with 299ft of frontage. Was contractor's own house: open floorplan, maple cabinets, granite counters, stainless steel appliances, pergo stone tiles, recessed lighting, 2 newer fireplaces in living and family rooms, refinished hardwood floors. Closets have been organized, cedar lined & mirrored doors. Newer driveway, stone patios and walks, sprinklers, etc. Picture windows with ocean & Santa Monica Bay views. Awesome location for kids, right across from fields, parkland and trails, walkable to Palos Verdes Intermediate and PV High. Hate winding roads? Just 2 blocks above PV Drive West, with no stop signs, on a beautiful road next to acres of parkland. Schools rated 10, 10 and 9 on Greatschools. Median Zestimate $1,741,900.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 01/27/2017

Last Buyer's Agent

Ralph Lombardi

South Bay Property Management, Inc. License #01395471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,984

Year Built

  • Built in 1958

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 92x140
  • West Facing Home
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Park or Greenbelt

Home Design

  • Ranch Style House
  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,331 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Schools

  • Palos Verdes High School

Utilities

  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • Slab Porch or Patio
  • Property is near a park

Community Details

  • Property has a Home Owners Association
  • Palos Verdes Homes Association, Phone Number (310) 373-6721
  • Foothills

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 17714
  • Assessor Parcel Number 7543041008

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,984

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: See private remarks
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean, Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543041008
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2331.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 600.90
  • Room Type: Entry, Family Room, Living Room, Main Floor Bedroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Bay, Ocean, Panoramic, Park/Greenbelt
  • Patio And Porch Features: Patio, Slab, Stone
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Palos Verdes Homes Association
  • Phone: (310) 373-6721
  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified
  • High School: Palos Verdes
  • High School: Palos Verdes
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lawn, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System, Yard
  • Lot Size: 92X140
  • Lot Size Sq Ft: 12860.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 17714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2017
Sold by
Hanna Atef and Rofael Wanda
Bought by
Rofael Wanda
Current Estimated Value
$2,461,251

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
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 27, 2017
Closed on
Apr 6, 2017
Sold by
Hanna Soheir
Bought by
Hanna Atef
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Ralph Lombardi
South Bay Property Management, Inc.
List Price
$1,500,000
Sold Price
$1,400,700
Premium/Discount to List
-$99,300
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 23, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Hanna Atef and Rofael Wanda
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Ralph Lombardi
South Bay Property Management, Inc.
List Price
$1,500,000
Sold Price
$1,400,700
Premium/Discount to List
-$99,300
-6.62%

Purchase Details

Closed on
Dec 8, 2015
Sold by
Hite William J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 15, 2006
Sold by
Hite William J
Bought by
Hite William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2006
Sold by
Hite William J
Bought by
Hite William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,200
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 5, 2005
Sold by
Hite William
Bought by
Hite William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 2005
Sold by
Hite William
Bought by
Hite William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2004
Sold by
Boyd John Charles
Bought by
Hite William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Rofael Wanda -- None Available
Hanna Atef -- Title365 Company
Rofael Wanda -- Title365 Company
Hanna Atef $1,401,000 Title365 Company
Deutsche Bank National Trust Company $1,535,581 Accommodation
Hite William -- Accommodation
Hite William J -- Stewart Title
Hite William -- --
Hite William -- Alliance Title Company
Hite William -- --
Hite William $1,150,000 Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rofael Wanda $1,350,000
Closed Hanna Atef $1,000,000
Previous Owner Hite William J $200,000
Previous Owner Hite William J $1,248,200
Previous Owner Hite William $300,000
Previous Owner Hite William $920,000
Previous Owner Boyd John Charles $500,000
Closed Hite William $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $1,400,700 -1.7% $601 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/09/2017 03/09/17 Price Changed $1,424,900 -5.0% $611 / Sq Ft
01/27/2017 01/27/17 For Sale $1,500,000 -- $644 / 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 $18,984 $1,609,687 $1,264,125 $345,562
2024 $18,984 $1,578,126 $1,239,339 $338,787
2023 $18,636 $1,547,184 $1,215,039 $332,145
2022 $17,732 $1,516,848 $1,191,215 $325,633
2021 $17,740 $1,487,107 $1,167,858 $319,249
2020 $17,505 $1,471,860 $1,155,884 $315,976
2019 $16,999 $1,443,001 $1,133,220 $309,781
2018 $16,845 $1,414,707 $1,111,000 $303,707
2016 $15,039 $1,270,000 $900,000 $370,000
2015 $15,691 $1,333,775 $1,043,827 $289,948
2014 $15,461 $1,307,649 $1,023,380 $284,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17002480

California Regional Multiple Listing Service (CRMLS)

APN: 7543-041-008