$2,550,000
SOLD FEB 23, 2021

2501 Via Olivera Palos Verdes Estates, CA 90274

4 Beds
3.5 Baths
4,504 Sq Ft
10,741 Sq Ft Lot

Recently Sold

$566 Per Sq Ft

2% Below List Price

16 Days on Market

Highlights

  • Koi Pond
  • Harbor Views
  • Deck
  • Lunada Bay Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Marble Flooring

About This Home

As of February 2021

***Available for showings w/24 hour notice to pre-approved Buyers effective 1/4/2021*** Panoramic ocean views from almost every room! 3 fireplaces - in master bedroom, living room and family room. View of Catalina Island from the balcony. Spacious kitchen w/dining area, formal dining room with access to front patio. Stepping down into the living room experience the patio overlooking the backyard. Master bedroom has an amazing walk in closet with a hidden loft for storage. Downstairs 2 of the 3 bedrooms lead out to the backyard, 2 full baths, family room and laundry room on the lower level. Brokers please see private remarks re: showing instructions.

Last Agent to Sell the Property

Triana Warren

Bankers Realty Exclusive, Inc. License #01245682 Listed on: 12/01/2020

Last Buyer's Agent

Seema Gupta

First Team Real Estate License #02016031

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,735

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 10,741 Sq Ft Lot
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Property is zoned PVR1*

Parking

  • 3 Car Garage

Home Design

  • Mediterranean Architecture
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,504 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Harbor Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Koi Pond

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7543-016-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,735

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 4504
  • Lot Acreage: 0.2466
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom
  • Flooring: Mixed, Hardwood, Marble, Ceramic Tile
  • Appliances: Cooktop - Electric, Double Oven
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, In Kitchen, Dining Area
  • Kitchen Features: Skylight(s)
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Electric Dryer Hookup, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 577.24

Exterior Features

  • Construction: Stucco
  • Other Features: Koi Pond
  • Other Structures: None
  • Fence: Wood
  • Patio: Deck(s)
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: Harbor
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage Is Attached, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palos Verdes Peninsula

Lot Info

  • Sprinklers: Front, Rear
  • Assessor Parcel Number: 7543-016-009
  • Lot Size Area: 10741

MLS Schools

  • School District: Palos Verdes Peninsula

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
$3,468,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$918,298
Avg. Annual Appreciation
6.12%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,550,000 North American Title
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity Van Nuys
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed $1,350,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,912,500 New Conventional
Previous Owner $40,000 Commercial
Previous Owner $225,000 Commercial
Previous Owner $700,000 Commercial
Previous Owner $120,000 Commercial
Previous Owner $1,400,000 Purchase Money Mortgage
Previous Owner $945,000 Purchase Money Mortgage
Previous Owner $735,000 Unknown
Closed $270,000 No Value Available
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 -- --
Source: The MLS

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 $31,735 $2,760,200 $2,195,929 $564,271
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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Map

Source: The MLS

MLS Number: 20-663196

The MLS

APN: 7543-016-009