2404 Via Rafael Palos Verdes Estates, CA 90274
Estimated Value: $2,456,000 - $2,545,000
4
Beds
2.5
Baths
2,084
Sq Ft
$1,207/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- View of Trees or Woods
- Corner Lot
- Montemalaga Elementary School Rated A+
- Main Floor Bedroom
- No HOA
About This Home
As of June 2021Escape to one of the most sprawling backyards in Palos Verdes Estates. Here you’ll fall in love with its prime location in the coveted area of Palos Verdes Estates. It has a large, useable flat lot with its park like backyard. Sleek, clean design inside offers four bedrooms and three bathrooms. Upon entering the home you have a spacious formal entry to make your own. When you walk in on the left you have a bright long, living room and dual fireplace that looks out toward the scenic front yard. As you approach the rear side of the house you will find another family area with a sliding door that leads you out to the backyard. The kitchen is adjacent to the family room and extends lengthwise overlooking the backyard fun. The west side of the home has all four bedrooms. This home will serves as both your private retreat and also provide endless entertainment opportunities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,886
Year Built
- Built in 1958
Lot Details
- 0.31 Acre Lot
- Rural Setting
- Corner Lot
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
- Property is zoned PVR1*
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Interior Spaces
- 2,084 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Views of Woods
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Rain Gutters
- Central Heating
Listing and Financial Details
- Legal Lot and Block 9 / 12
- Tax Tract Number 7538
- Assessor Parcel Number 7545021017
Community Details
Overview
- No Home Owners Association
Recreation
- Hunting
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2021
Closed on
May 24, 2021
Sold by
Lugo Edward J and Lugo Sylvia A
Bought by
Ko Brian and Ko Jessica
Seller's Agent
Lynn Kim
Vista Sotheby's International Realty
Buyer's Agent
Tony Wang
Engel & Völkers LA South Bay
List Price
$1,899,000
Sold Price
$2,100,000
Premium/Discount to List
$201,000
10.58%
Total Days on Market
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,475
Avg. Annual Appreciation
4.63%
Original Mortgage
$1,680,000
Outstanding Balance
$1,537,495
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$976,980
Purchase Details
Closed on
Dec 4, 2006
Sold by
Lugo Edward J
Bought by
Lugo Edward J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 10, 2005
Sold by
Lugo Sylvia M
Bought by
Lugo Edward J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,750
Interest Rate
1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 7, 2005
Sold by
Shaw Bruce Alan
Bought by
Lugo Edward J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,750
Interest Rate
1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ko Brian | $2,100,000 | Chicago Title Company | |
| Lugo Edward J | -- | None Available | |
| Lugo Edward J | -- | None Available | |
| Lugo Edward J | -- | Progressive Title | |
| Lugo Edward J | $1,305,000 | Progressive Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ko Brian | $1,680,000 | |
| Previous Owner | Lugo Edward J | $1,220,000 | |
| Previous Owner | Lugo Edward J | $978,750 | |
| Previous Owner | Lugo Edward J | $195,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2021 06/16/21 | Sold | $2,100,000 | +10.6% | $1,008 / Sq Ft |
| 03/03/2021 03/03/21 | For Sale | $1,899,000 | 0.0% | $911 / Sq Ft |
| 02/02/2020 02/02/20 | Rented | $5,400 | 0.0% | -- |
| 12/10/2019 12/10/19 | Price Changed | $5,400 | -1.8% | $3 / Sq Ft |
| 08/28/2019 08/28/19 | For Rent | $5,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $25,886 | $2,228,536 | $1,782,829 | $445,707 |
| 2023 | $25,442 | $2,184,840 | $1,747,872 | $436,968 |
| 2022 | $24,176 | $2,142,000 | $1,713,600 | $428,400 |
| 2021 | $19,408 | $1,647,568 | $1,262,509 | $385,059 |
| 2020 | $19,150 | $1,630,675 | $1,249,564 | $381,111 |
| 2019 | $18,590 | $1,598,702 | $1,225,063 | $373,639 |
| 2018 | $18,423 | $1,567,356 | $1,201,043 | $366,313 |
| 2016 | $17,499 | $1,506,496 | $1,154,406 | $352,090 |
| 2015 | $17,317 | $1,483,868 | $1,137,066 | $346,802 |
| 2014 | $17,064 | $1,454,802 | $1,114,793 | $340,009 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Kim
Seller's Agent in 2021
Lynn Kim
Vista Sotheby's International Realty
(310) 544-6100
9 in this area
49 Total Sales
-
Tony Wang
T
Buyer's Agent in 2021
Tony Wang
Engel & Völkers LA South Bay
(310) 997-5423
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV21044462
APN: 7545-021-017
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