NOT LISTED FOR SALE

2240 Via Cerritos Palos Verdes Estates, CA 90274

Estimated Value: $5,326,366 - $6,145,000

6 Beds
6.5 Baths
5,722 Sq Ft
$1,005/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $4,900,000 $856 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $35,294/month

68 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Private Pool
  • Montemalaga Elementary School Rated A+
  • Community Stables
  • Sauna

About This Home

As of December 2022

If you’re looking for view, you’ve come to the right place! Panoramic ocean, coastline and city lights from most rooms of this expansive estate. Elevated above the street, at the end of a quiet cul-de-sac, the house lives like a sprawling, one level house. The grounds are amazing; over an acre, with the majority of it flat and usable. The house is built in an L-shape, with the pool, spa and spacious grassy area on the interior. There’s an attached pool cabana in addition to 6 large bedrooms. The living room, dining room, family room and billiard room all enjoy incredible, jaw-dropping views. The generous kitchen features a center island and overlooks the sparkling pool area. The attached, 4-car garage is perfect for any car buff. I say it all the time: "You can always remodel a house. You can't create this view and setting." Come take a look, you’ll see what I mean.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 09/12/2022

Vista Sotheby's International Realty

Last Buyer's Agent

DeDe Hsu

Estate Properties License #01023899

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,327

Year Built

  • Built in 1978

Lot Details

  • 1.12 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Back Yard
  • Property is zoned PVR1*

Parking

  • 4 Car Attached Garage

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Woods

Interior Spaces

  • 5,722 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Game Room
  • Sauna
  • Home Gym
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 5 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 23
  • Tax Tract Number 7538
  • Assessor Parcel Number 7545029015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,327

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545029015
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5722.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 856.34
  • Room Type: Bonus Room, Exercise Room, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Sauna, Walk-In Closet
  • Spa Features: Private

Exterior Features

  • View: Bay, City Lights, Coastline, Marina, Ocean, Panoramic, Trees/Woods, Water, White Water
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Horse Trails, Stable(s), Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 48584.00
  • Lot Size Acres: 1.1153
  • Latitude Manual: 33.78210200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 48584.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 6703.26
  • Tax Lot: 4
  • Tax Tract Number: 7538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Nov 28, 2022
Sold by
Argentina Mohr 2006 Grantor Trust
Bought by
Wang Shuyan
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
DeDe Hsu
Estate Properties
List Price
$5,999,000
Sold Price
$4,900,000
Premium/Discount to List
-$1,099,000
-18.32%
Total Days on Market
68
Views
15
Current Estimated Value
$5,750,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,342
Avg. Annual Appreciation
6.69%
Original Mortgage
$2,000,000
Outstanding Balance
$1,951,027
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$3,799,315

Purchase Details

Closed on
Dec 20, 2012
Sold by
Mohr Argentina
Bought by
Knapp Vida Mohr
Source: Public Records

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Range of Values:

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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
Wang Shuyan $4,900,000 Old Republic Title
Knapp Vida Mohr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Shuyan $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $4,900,000 -9.1% $856 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $5,390,000 -8.6% $942 / Sq Ft
09/29/2022 09/29/22 Price Changed $5,895,000 -1.7% $1,030 / Sq Ft
09/12/2022 09/12/22 For Sale $5,999,000 -- $1,048 / 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
2024 $57,327 $4,998,000 $3,774,000 $1,224,000
2023 $56,471 $4,900,000 $3,700,000 $1,200,000
2022 $13,991 $1,030,913 $181,404 $849,509
2021 $13,979 $1,010,700 $177,848 $832,852
2020 $13,811 $1,000,338 $176,025 $824,313
2019 $13,464 $980,724 $172,574 $808,150
2018 $12,878 $961,495 $169,191 $792,304
2016 $12,170 $924,161 $162,622 $761,539
2015 $12,033 $910,280 $160,180 $750,100
2014 $11,875 $892,450 $157,043 $735,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22199631

California Regional Multiple Listing Service (CRMLS)

APN: 7545-029-015