NOT LISTED FOR SALE

2306 Palos Verdes Dr W Unit 204 Palos Verdes Estates, CA 90274

Estimated Value: $1,032,000 - $1,307,000

3 Beds
2 Baths
1,659 Sq Ft
$484/mo HOA Fee

Last Sold June 20, 2014

Last sale price $869,000 $524 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,539/month

10 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • 0.47 Acre Lot
  • Lunada Bay Elementary School Rated A+
  • Primary Bedroom Suite
  • Living Room with Attached Deck

About This Home

As of June 2014

In a New York state of mind? This fantastic 2 bedroom and den condo offers the sophistication, luxury and unequaled quality found in an New York pied a terre. Fabulous marble and hardwood floors throughout. The dream kitchen has granite counters and cherry wood cabinets featuring custom linen fold woodwork and carved crown moulding from Enkeboll Design Studios, The top of the line appliances include a Fisher Pakel dishwasher, Dacor oven, Gaggenau Cook top, and Sub Zero refrigerator. There is wine storage and a large walk-in pantry. The inviting living room has a beautiful fireplace and ocean view. Both of the baths have granite counters, tile floors and custom built-ins. The master suite is an oasis with a large sumptuous bath, walk-in closet, and private balcony. Surrounded by balconies this end unit has no common walls and is filled with natural light, The den could easily be converted to a 3rd bedroom, This small elegant complex offers a swimming pool, entertaining patio with barbeques and lounge space. All of this in desirable Lunada Bay. Walking distance to schools, shopping and bluffs. Must be seen!

Last Agent to Sell the Property

Sharon Crum-Herzog

Coldwell Banker Realty License #00558374 Listed on: 04/05/2014

Coldwell Banker Realty

Co-Listed By

Astrid Naviaux

Coldwell Banker Realty License #00447055

Last Buyer's Agent

Michael Reid

Estate Properties License #01865863

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,694

Year Built

  • Built in 1981

Lot Details

  • 0.47

HOA Fees

  • $484 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,659 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Den
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Private Pool
  • No Common Walls
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40175
  • Assessor Parcel Number 7543023074

Community Details

Overview

  • 18 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,694

Year Built

Built in 1981

Lot Details

0

HOA Fees

$484 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7543023074
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1659.00
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Pantry, Recessed Lighting, Sunken Living Room
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 523.81
  • Room Type: Converted Bedroom, Den, Entry, Living Room, Master Suite, Walk-In Pantry, Walk-In Closet

Exterior Features

  • View: Ocean
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Heat Pump
  • Laundry Features: Electric Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 484.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 20654.00
  • Lot Size Acres: 0.4740

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20654.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 40175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2014
Closed on
May 22, 2014
Sold by
Marapese Kenneth G and Marapese Jacquelyn L
Bought by
Cohan Richard J
Seller's Agent
Sharon Crum-Herzog
Coldwell Banker Realty
Buyer's Agent
Michael Reid
Estate Properties
List Price
$887,000
Sold Price
$869,000
Premium/Discount to List
-$18,000
-2.03%
Current Estimated Value
$1,131,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,162
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Marapese Kenneth G and Marapese Jacquelyn L
Bought by
Marapese Kenneth G and Marapese Jacquelyn L

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
4.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 22, 2006
Sold by
Marapese Kenneth G and Marapese Jacquelyn L
Bought by
Marapese Kenneth G and Marapese Jacquelyn L

Purchase Details

Closed on
Apr 7, 1995
Sold by
Weyman Brian C
Bought by
Weyman Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
8.77%
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
Cohan Richard J $869,000 Progressive
Marapese Kenneth G -- Progressive Title Company
Marapese Kenneth G -- Progressive Title Company
Marapese Kenneth G -- None Available
Weyman Brian C -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marapese Kenneth G $300,000
Previous Owner Weyman Brian C $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $869,000 -2.0% $524 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/05/2014 04/05/14 For Sale $887,000 -- $535 / 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 $12,694 $1,065,263 $429,047 $636,216
2024 $12,694 $1,044,377 $420,635 $623,742
2023 $12,525 $1,023,900 $412,388 $611,512
2022 $11,922 $1,003,824 $404,302 $599,522
2021 $11,921 $984,142 $396,375 $587,767
2020 $11,761 $974,052 $392,311 $581,741
2019 $11,425 $954,954 $384,619 $570,335
2018 $11,370 $936,230 $377,078 $559,152
2016 $10,787 $899,878 $362,437 $537,441
2015 $10,670 $886,362 $356,993 $529,369
2014 $4,949 $350,378 $149,137 $201,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14070907

California Regional Multiple Listing Service (CRMLS)

APN: 7543-023-074