NOT LISTED FOR SALE

2357 Palos Verdes Dr W Unit 8 Palos Verdes Estates, CA 90274

Estimated Value: $980,000 - $1,345,000

2 Beds
2 Baths
1,340 Sq Ft
$550/mo HOA Fee

Last Sold December 10, 2021

Last sale price $999,000 $746 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,798/month

7 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Heated Floor in Bathroom
  • Lunada Bay Elementary School Rated A+
  • Updated Kitchen
  • Wood Flooring

About This Home

As of December 2021

This turnkey top-floor 2 bedroom, 2 bath condo is a rare find with its stunning ocean views and free-flowing open floor plan. Settled within the desirable community of Lunada Bay - near the bluffs and the nationally-ranked/10-star rated elementary/middle and high school - you can easily walk to the Lunada Bay Plaza, enjoy the local trails, watch the sunset and even whale watch right from your private patio. This light and bright unit has the best view in the complex! Its spacious floor plan features a tastefully updated kitchen with stainless steel appliances, granite countertops and cabinetry. New flooring throughout, heated bathroom floors, new Anderson windows and sliding doors, sound-proofed bedroom wall, California Closet built-ins in both bedrooms, 3 ceiling fans, enhanced electrical system, large storage areas, recessed lighting and your own stackable washer and dryer are included. The complex has incredible owner/tenant stability and you'll feel right at home in this secured building with your own automated system to see and speak to who is at the main entrance. Move right in and begin enjoying the Palos Verdes lifestyle!

Last Agent to Sell the Property

Jesse Dougherty

Compass License #01949609 Listed on: 10/28/2021

Compass

Last Buyer's Agent

Dave Salzman

Engel & Völkers LA South Bay License #00952732

Engel & Völkers LA South Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,207

Year Built

  • Built in 1976

Lot Details

  • 1 Common Wall
  • Cul-De-Sac

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 1,340 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room Balcony
  • Storage
  • Intercom

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Self-Closing Cabinet Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Heated Floor in Bathroom
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Patio
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32414
  • Assessor Parcel Number 7542015056
  • $1,334 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 9 Units
  • Pacific View Condominiums Association, Phone Number (310) 802-4808
  • Management Professionals Inc HOA
  • Maintained Community

Recreation

  • Hiking Trails

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,207

Year Built

Built in 1976

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Stackable washer and dryer
  • Property Attached: Yes
  • View: Yes
  • Zoning: PVRM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7542015056
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1340.00 Square Feet
  • Interior Amenities: Elevator, Intercom, Living Room Balcony, Recessed Lighting, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 745.52
  • Room Type: Master Bathroom, Master Bedroom, Master Suite, Two Masters
  • Bathroom Features: Granite Counters, Heated Floor
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic, Water
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water, Pets Permitted, Call for Rules, Controlled Access
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific View Condominiums
  • Phone: 310-802-4808
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Hiking, Sidewalks, Suburban
  • Association Management: Management Professionals Inc

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 10667.00
  • Lot Size Acres: 0.2449

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10667.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 1
  • Tax Tract Number: 32414
  • TaxOtherAnnualAssessmentAmount: 1334.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 6, 2018
Sold by
Gill Lynn E and Gill Sharon J
Bought by
Preston Patticia Ann
Seller's Agent
Lynn Kim
Vista Sotheby's International Realty
Buyer's Agent
Jesse Dougherty
Compass
List Price
$799,000
Sold Price
$764,000
Premium/Discount to List
-$35,000
-4.38%
Current Estimated Value
$1,076,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,807
Avg. Annual Appreciation
5.02%
Original Mortgage
$573,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2012
Sold by
Gill Lynn E
Bought by
Gill Lynn E and Gill Sharon J

Purchase Details

Closed on
Mar 6, 2000
Sold by
Gill Lynn E
Bought by
Gill Lynn E and Gill Sharon J

Purchase Details

Closed on
Mar 4, 1999
Sold by
Gill Lynn E
Bought by
Gill Lynn E and Gill Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1998
Sold by
Kim Jin Yong
Bought by
Gill Lynn E and Gill Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1997
Sold by
Davidson Robert M
Bought by
Kim Jin Yong and Kim Ok Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
7.44%
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
2002 Comber Family Revocable Trust $999,000 First American Title Company O
Preston Patticia Ann $764,000 Chicago Title Company
Gill Lynn E -- None Available
Gill Lynn E -- --
Gill Lynn E -- Progressive Title Company
Gill Lynn E $260,000 First American Title Co
Kim Jin Yong $215,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2002 Comber Family Revocable Trust $500,000
Previous Owner Preston Patticia Ann $573,000
Previous Owner Gill Lynn E $210,000
Previous Owner Gill Lynn E $208,000
Previous Owner Kim Jin Yong $150,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $999,000 +11.2% $746 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $898,000 +17.5% $670 / Sq Ft
10/25/2018 10/25/18 Sold $764,000 -0.7% $570 / Sq Ft View Prior Sale
08/28/2018 08/28/18 Price Changed $769,000 -1.4% $574 / Sq Ft
08/02/2018 08/02/18 Price Changed $780,000 -2.4% $582 / Sq Ft
06/12/2018 06/12/18 For Sale $799,000 -- $596 / 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 $7,207 $550,601 $383,738 $166,863
2024 $7,207 $539,806 $376,214 $163,592
2023 $7,114 $529,223 $368,838 $160,385
2022 $9,705 $803,098 $567,951 $235,147
2021 $9,709 $787,352 $556,815 $230,537
2020 $9,578 $779,280 $551,106 $228,174
2019 $9,308 $764,000 $540,300 $223,700
2018 $5,143 $358,216 $275,556 $82,660
2016 $4,871 $344,307 $264,856 $79,451
2015 $4,813 $339,136 $260,878 $78,258
2014 $4,748 $332,494 $255,768 $76,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21236035

California Regional Multiple Listing Service (CRMLS)

APN: 7542-015-056