NOT LISTED FOR SALE

Estimated Value: $2,686,337 - $3,578,000

3 Beds
3 Baths
1,931 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $1,995,000 $1,033 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $18,477/month

8 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of July 2015

Location, location, location...This exceptional Malaga Cove property is the epitome of Palos Verdes Style. Imagine living in this gorgeous remodeled home and having the ability to walk to the library, the Malaga plaza, the post office, restaurants and the beach. This home was completely renovated in 2010 with exquisite materials and meticulous attention to detail. Bring family and friends together in this open concept floor plan and entertain in style. Incredibly private with awesome basketball/sport court and gorgeous queens necklace views. The home was designed to integrate the indoor outdoor space and highlight the generous back yard with room to roam, to play and to garden. You will not find a better location to enjoy all of what the South Bay has to offer.

Last Agent to Sell the Property

Angelique Lyle

Compass License #01475592 Listed on: 05/30/2015

Compass

Last Buyer's Agent

Dorothea Liebich

Century 21 Union Realty License #01428809

Century 21 Union Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,764

Year Built

  • Built in 2010 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Wrought Iron Fence
  • Partially Fenced Property
  • New Fence
  • Landscaped
  • Lawn

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Up Slope from Street

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,931 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Skylights
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Storage
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Above Ground Spa
  • Sport Court
  • Living Room Balcony
  • Brick Porch or Patio
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Montemalaga Elementary School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts For Spa
  • Tankless Water Heater
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539027002

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,764

Year Built

Built in 2010 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Fire and Smoke Detection System
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539027002
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1931.00
  • Interior Amenities: Built-in Features, Balcony, Wired for Data, Living Room Balcony, Open Floorplan, Pantry, Storage, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1033.14
  • Room Type: All Bedrooms Up, Bonus Room, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Spa Features: Above Ground
  • Window Features: Blinds, Double Pane Windows, Skylight(s), Wood Frames
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Sport Court Private
  • Exterior Features: Rain Gutters, Satellite Dish
  • View: Ocean
  • Fence: Yes
  • Fencing: New Condition, Partial, Wrought Iron
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Convection Oven, Double Oven, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Electric: 220 Volts in Laundry, 220 Volts For Spa, Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Montemalaga
  • Elementary School #2: MONTEM

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Landscaped, Lot 10000-19999 Sqft, Park Nearby, Up Slope from Street
  • Lot Size Sq Ft: 13599.00
  • Lot Size Acres: 0.3120

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13599.0000 Square Feet

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2015
Closed on
Jun 19, 2015
Sold by
Neushul Stephen and Neushul Suzanne M
Bought by
Down Christopher and Down Jiachiahn Shelia Hsu
Seller's Agent
Angelique Lyle
Compass
Buyer's Agent
Dorothea Liebich
Century 21 Union Realty
List Price
$1,995,000
Sold Price
$1,995,000
Current Estimated Value
$3,097,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,102,834
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,596,000
Outstanding Balance
$1,244,046
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$1,853,788

Purchase Details

Closed on
Nov 18, 2010
Sold by
Neushul Stephen and Neushul Suzanne M
Bought by
Neushul Stephen and Neushul Suzanne M

Purchase Details

Closed on
May 31, 2007
Sold by
Bame James E and Bame Marlene J
Bought by
Neushul Stephen and Neushul Suzanne M

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
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2006
Sold by
Bame James E
Bought by
Bame Marlena J

Purchase Details

Closed on
Mar 23, 2004
Sold by
Bame Marlena J
Bought by
Bame James E and Bame Marlena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 14, 2003
Sold by
Bame James E
Bought by
Bame Marlena J

Purchase Details

Closed on
Dec 11, 2002
Sold by
Phegley William O and Phegley Juanita M
Bought by
Bame James E and Bame Marlena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Down Christopher $1,995,000 Lawyers Title
Neushul Stephen -- None Available
Neushul Stephen $1,412,000 Commonwealth Land Title
Bame James E -- Commonwealth Land Title
Bame Marlena J -- None Available
Bame James E -- Southland Title Corporation
Bame Marlena J -- --
Bame James E $950,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Down Christopher $1,596,000
Previous Owner Neushul Stephen $1,000,000
Previous Owner Bame James E $765,000
Previous Owner Bame James E $650,000
Closed Bame James E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2015 07/28/15 Sold $1,995,000 0.0% $1,033 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $1,995,000 -- $1,033 / 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 $26,764 $2,361,668 $1,889,337 $472,331
2024 $26,764 $2,315,362 $1,852,292 $463,070
2023 $26,307 $2,269,964 $1,815,973 $453,991
2022 $24,993 $2,225,456 $1,780,366 $445,090
2021 $24,997 $2,181,820 $1,745,457 $436,363
2020 $24,660 $2,159,449 $1,727,560 $431,889
2019 $23,922 $2,117,108 $1,693,687 $423,421
2018 $23,764 $2,075,597 $1,660,478 $415,119
2016 $22,557 $1,995,000 $1,596,000 $399,000
2015 $18,744 $1,622,827 $1,259,245 $363,582
2014 $14,205 $1,194,000 $955,000 $239,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15115617

California Regional Multiple Listing Service (CRMLS)

APN: 7539-027-002