NOT LISTED FOR SALE

Estimated Value: $2,980,000 - $3,689,000

5 Beds
3 Baths
3,508 Sq Ft
$927/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $1,915,000 $546 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $19,192/month

10 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Contemporary Architecture
  • Montemalaga Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of May 2017

Views...Location...Potential. Looking for a project? Rarely does a home with this much potential come on the market. Original owners built this home in 1962 and raised their family here. Fantastic lot in a premier location!! Existing home is 3500 square feet with 5 bedrooms, 3 bathrooms with an additional 1000 square feet of basement/crawlspace that could be built out. Endless possibilities for this 9000+ sq ft, street to street lot with fantastic ocean view!! The property is all usable with plenty of room to add a pool, guest suite, gardens. Either renovate the existing structure or build new. Fantastic location only steps to the Malaga Cove library, The Plaza, restaurants, the post office, and the beach. This home is a fixer!! There is an unfinished room that was intended to be a second kitchen. Via Pinale is a premier street in Palos Verdes Estates- 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: 03/30/2017

Compass

Last Buyer's Agent

Mark Tuccinardi

Vista Sotheby’s International Realty License #00714279

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,727

Year Built

  • Built in 1962

Lot Details

  • 9,167 Sq Ft Lot
  • Lot Sloped Down
  • Garden
  • Front Yard
  • Tear Down
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio

Schools

  • Montemalaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • TV Antenna

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Legal Lot and Block 3 / 1620
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539022003

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,727

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539022003
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3508.00 Square Feet
  • Interior Amenities: Balcony, Bar, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 545.90
  • Room Type: Great Room, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Hollywood Bathroom (Jack&Jill)

Exterior Features

  • Patio: Yes
  • Exterior Features: TV Antenna
  • View: Coastline, Ocean, Panoramic
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Schools

  • Elementary School: Montemalaga
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: MONTEM
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Front Yard, Garden, Gentle Sloping, Lot 6500-9999, Tear Down
  • Lot Size Sq Ft: 9167.00

Multi Family

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

Tax Info

  • Tax Block: 1620
  • Tax Census Tract: 6703.24
  • Tax Lot: 3
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Apr 17, 2017
Sold by
Ferrarotti Silvana
Bought by
Verde View Llc
Seller's Agent
Angelique Lyle
Compass
Buyer's Agent
Mark Tuccinardi
Vista Sotheby’s International Realty
List Price
$1,995,000
Sold Price
$1,915,000
Premium/Discount to List
-$80,000
-4.01%
Current Estimated Value
$3,250,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,335,613
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Farrarotti Silvana
Bought by
Ferrarotti Silvana

Purchase Details

Closed on
Oct 15, 1993
Sold by
Ferrarotti Angelo E and Ferrarotti Silvana
Bought by
Ferrarotti Angelo E and Ferrarotti Silvana
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
Verde View Llc $1,915,000 Lawyers Title
Ferrarotti Silvana -- None Available
Ferrarotti Silvana -- None Available
Ferrarotti Angelo E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $1,915,000 -4.0% $546 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,995,000 -- $569 / 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 $25,727 $2,222,515 $1,778,014 $444,501
2024 $25,727 $2,178,937 $1,743,151 $435,786
2023 $25,290 $2,136,214 $1,708,972 $427,242
2022 $24,048 $2,094,328 $1,675,463 $418,865
2021 $24,043 $2,053,263 $1,642,611 $410,652
2020 $23,723 $2,032,211 $1,625,769 $406,442
2019 $23,027 $1,992,365 $1,593,892 $398,473
2018 $22,912 $1,953,300 $1,562,640 $390,660
2016 $4,461 $257,595 $99,176 $158,419
2015 $4,402 $253,727 $97,687 $156,040
2014 $4,418 $248,758 $95,774 $152,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17065744

California Regional Multiple Listing Service (CRMLS)

APN: 7539-022-003