NOT LISTED FOR SALE

Estimated Value: $1,875,000 - $2,777,000

5 Beds
3.5 Baths
3,155 Sq Ft
$728/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $1,090,000 $345 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $13,494/month

9 Days on Market

Highlights

  • Sound Studio
  • Primary Bedroom Suite
  • Wood Flooring
  • Seaside Elementary School Rated A
  • City Lights View
  • No HOA

About This Home

As of July 2013

Completely remodeled home sits atop a hill to capture the panoramic breathtaking views of the PV lights! This meticulously remodeled home boasts a stunning to die for gourmet kitchen with stove, 2 walk in pantries, top of the line stainless appliances, gorgeous custom cabinets, beautiful granite countertops accented with designer tile - truly a chef's delight! Kitchen opens to a formal dining room. Separate family room with sky lights and doors opening to the large private backyard with spa and gazebo. Three good sized bedrooms upstairs and full bath. Large master suite is downstairs with large walk in closet and wonderful bathroom. There is a recording studio and sound room too. Nothing left undone! Newer double paned windows, attached 2 car garage with direct access and extra space for washer and dryer. Beautifully landscaped! Enjoy gentle ocean breezes throughout the home. Great curb appeal! Located on corner lot in desirable neighborhood close to beach, schools, shopping and restaurants. Must see!

Last Agent to Sell the Property

Al D'Amico

Keller Williams Palos Verdes License #00638870 Listed on: 06/12/2013

Keller Williams Palos Verdes

Co-Listed By

Jennifer Brill

Keller Williams Palos Verdes License #01403294

Last Buyer's Agent

Jerry Carew

REMAX AEGIS License #01374136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,019

Year Built

  • Built in 1952

Lot Details

  • 8,141 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Turnkey

Interior Spaces

  • 3,155 Sq Ft Home
  • Dining Room
  • Sound Studio
  • Wood Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 17921
  • Assessor Parcel Number 7515004001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,019

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7515004001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3155.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 345.48
  • Room Type: Master Suite, Walk-In Closet, Sound Studio

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Water Purifier
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8141.00
  • Lot Size Acres: 0.1870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8141.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 62
  • Tax Tract Number: 17921

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 9, 2013
Sold by
Lipp Mark E
Bought by
Wimmer Calvin and Wimmer Kimberly
Seller's Agent
Al D'Amico
Keller Williams Palos Verdes
Buyer's Agent
Jerry Carew
REMAX AEGIS
List Price
$1,080,000
Sold Price
$1,090,000
Premium/Discount to List
$10,000
0.93%
Current Estimated Value
$2,297,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,819
Avg. Annual Appreciation
6.25%
Original Mortgage
$817,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2008
Sold by
Lipp Mark E
Bought by
Lipp Mark E and Norma R Lipp Revocable Trust

Purchase Details

Closed on
Oct 10, 2007
Sold by
Lipp Norma R
Bought by
Lipp Howard

Purchase Details

Closed on
Mar 23, 1999
Sold by
Lipp Norma R
Bought by
Lipp Norma R and Norma R Lipp Revocable Trust
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
Wimmer Calvin $1,090,000 Fidelity National Title Co
Lipp Mark E -- None Available
Lipp Howard -- None Available
Lipp Norma R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wimmer Calvin $816,500
Closed Wimmer Calvin $817,500
Previous Owner Lipp Norma R $150,000
Previous Owner Lipp Norma R $684,000
Previous Owner Lipp Norma R $433,000
Previous Owner Lipp Norma R $250,000
Previous Owner Lipp Norma R $840,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $1,090,000 +0.9% $345 / Sq Ft
06/12/2013 06/12/13 For Sale $1,080,000 -- $342 / 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 $15,019 $1,336,180 $968,426 $367,754
2024 $15,019 $1,309,982 $949,438 $360,544
2023 $14,739 $1,284,297 $930,822 $353,475
2022 $14,541 $1,259,116 $912,571 $346,545
2021 $14,276 $1,234,428 $894,678 $339,750
2019 $13,860 $1,197,817 $868,143 $329,674
2018 $13,451 $1,174,331 $851,121 $323,210
2016 $12,847 $1,128,732 $818,072 $310,660
2015 $12,568 $1,111,778 $805,784 $305,994
2014 $12,230 $1,090,000 $790,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13112272

California Regional Multiple Listing Service (CRMLS)

APN: 7515-004-001