NOT LISTED FOR SALE

2501 Via Olivera Palos Verdes Estates, CA 90274

Estimated Value: $3,272,000 - $3,578,000

4 Beds
4 Baths
4,504 Sq Ft
$757/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $2,550,000 $566 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $20,736/month

About This Home

As of February 2021

Spectacular Panoramic Ocean and Avalon Views from this beautifully renovated mid-century home. You must see it to believe it.

The house is designed with an open floor plan and maintains natural lighting through out the home.
The top floor features a large dining area with a courtyard, a master bedroom suite, a kitchen, and a living room with a balcony. The living room has a fireplace and a balcony that invites you to sit and enjoy the fresh ocean breeze. Watch the waves while you cook dinner for your family or entertain your guests. The kitchen is fully equipped with a built in refrigerator, modern double ovens, electric cooktop, a dishwasher, and plenty of cabinets and sky light for additional lighting through-out the day. The master suite features a fireplace, walk-in closet, walk-in shower, and a tub. Another 1/2 bath is located next to the kitchen.

The lower level has three additional bedrooms, two full bathrooms with tubs, a family room with a fireplace, a laundry room equipped with a washer and dryer, a refrigerator, a sink and even a dishwasher. A large deck welcomes you as you step outside the family room. Other features include wall mounted TV in the living room, built-in speakers through out the house, recessed lights in every room, ethernet connections, camera security system + monitors. This home is walking distance to the Palos Verdes Intermediate School and a 5 minutes drive to both the Elementary school and High school. Must see to appreciate!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Dec 28, 2020
Sold by
Bell Llc
Bought by
Gupta Mandhir and Gupta Seema
Seller's Agent
Triana Warren
Bankers Realty Exclusive, Inc.
Buyer's Agent
Seema Gupta
First Team Real Estate
List Price
$2,599,900
Sold Price
$2,550,000
Premium/Discount to List
-$49,900
-1.92%
Current Estimated Value
$3,408,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,912
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,912,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2018
Sold by
Bell Timothy V
Bought by
Bell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bell Timothy V
Bought by
Bell Timothy V

Purchase Details

Closed on
Jul 6, 2005
Sold by
Bell Timothy V
Bought by
Bell Timothy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bell Timothy V
Bought by
Bell Timothy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Yamamoto Hiroshi P
Bought by
Bell Timothy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gupta Mandhir $2,550,000 North American Title
Bell Llc -- North American Title
Bell Timothy V -- None Available
Bell Timothy V -- Fidelity National Title
Bell Timothy V -- Fidelity Van Nuys
Bell Timothy V -- Fidelity National Title
Bell Timothy V -- --
Bell Timothy V $1,350,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Mandhir $1,912,500
Previous Owner Bell Llc $40,000
Previous Owner Bell Llc $225,000
Previous Owner Bell Llc $700,000
Previous Owner Bell Timothy V $120,000
Previous Owner Bell Timothy V $1,400,000
Previous Owner Bell Timothy V $945,000
Previous Owner Yamamoto Hiroshi P $735,000
Closed Bell Timothy V $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Rented $8,000 0.0% --
07/30/2021 07/30/21 Off Market $8,000 -- --
07/12/2021 07/12/21 For Rent $8,000 0.0% --
02/23/2021 02/23/21 Sold $2,550,000 -1.9% $566 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $2,599,900 0.0% $577 / Sq Ft
11/05/2019 11/05/19 Rented $7,000 -12.5% --
08/29/2019 08/29/19 Price Changed $8,000 -5.9% $2 / Sq Ft
07/22/2019 07/22/19 Price Changed $8,500 -10.5% $2 / Sq Ft
05/15/2019 05/15/19 For Rent $9,500 -- --

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
2024 $31,735 $2,706,079 $2,152,872 $553,207
2023 $31,219 $2,653,019 $2,110,659 $542,360
2022 $29,682 $2,601,000 $2,069,274 $531,726
2021 $28,754 $2,465,013 $1,681,885 $783,128
2020 $28,372 $2,439,738 $1,664,640 $775,098
2019 $27,539 $2,391,900 $1,632,000 $759,900
2018 $23,512 $1,984,599 $1,347,568 $637,031
2017 $21,813 $1,945,687 $1,321,146 $624,541
2016 $22,305 $1,907,538 $1,295,242 $612,296
2015 $22,071 $1,878,886 $1,275,787 $603,099
2014 $21,353 $1,806,000 $1,226,000 $580,000
Source: Public Records

Agents Affiliated with this Home

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