NOT LISTED FOR SALE

Estimated Value: $2,489,000 - $2,625,000

3 Beds
2 Baths
1,797 Sq Ft
$1,408/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $1,900,000 $1,057 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $15,629/month

9 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • No HOA
  • Montemalaga Elementary School Rated A+
  • Bonus Room
  • 2 Car Attached Garage

About This Home

As of February 2021

Rare opportunity to own one of the early homes built in Palos Verdes estates. This elegant 3 bedroom 2 bath home has been lovingly cared for. On one of the most coveted streets in Malaga Cove this is an opportunity you won’t want to pass up. Homes like this one, built in the 1920's were constructed with incomparable charm and character, with thick plaster walls, solid hardwood flooring and strategically placed windows allowing for tons of natural light! Tasteful finishes throughout including cathedral vaulted ceilings with thick solid wood beams in the living room. Partial ocean views in the kitchen, breakfast nook, formal dining room and parts of the living room. Brunch can be enjoyed on the spacious side patio with a PV Stone walkway enclosed for private settings. Two options for laundry/mud room in the downstairs room next to the garage or on the screened-in porch at the top of the back stairs. Ample sized Bonus room next to the garage with an additional storage room behind it that can be used as an office, painters studio, etc. Short walk to the Italian inspired Malaga Cove plaza where you can enjoy shopping, banking, restaurants and more. It’s not often a home becomes available for under $2m in Malaga Cove, this is truly a vintage gem just waiting for it's new owners to add their vision to the property and create lasting memories!

Last Agent to Sell the Property

Brok Butcher

Butcher Realty License #01880217 Listed on: 02/03/2021

Last Buyer's Agent

Niki King

Niki King, Broker License #01244064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,452

Year Built

  • Built in 1927

Lot Details

  • 7,248 Sq Ft Lot
  • Landscaped
  • Lot Sloped Down
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 1,797 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Bonus Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 1621
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539021004

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,452

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539021004
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1797.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1057.32
  • Room Type: Bonus Room, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Landscaped
  • Lot Size Sq Ft: 7248.00
  • Lot Size Acres: 0.1664

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7248.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1621
  • Tax Census Tract: 6703.24
  • Tax Lot: 4
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 19, 2021
Sold by
Phan Jason
Bought by
Phan Jason and Lopez Corina
Seller's Agent
Brok Butcher
Butcher Realty
Buyer's Agent
Niki King
Niki King, Broker
List Price
$1,550,000
Sold Price
$1,900,000
Premium/Discount to List
$350,000
22.58%
Current Estimated Value
$2,529,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,434
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Feb 6, 2008
Sold by
Kase David O and Mack Vicki Ann
Bought by
Kase David O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,850
Interest Rate
5.85%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 13, 2003
Sold by
Kase David O and Mack Vicki Ann
Bought by
Kase David O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,658
Interest Rate
5.71%
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
Phan Jason -- Accommodation
Phan Jason -- Corinthian Title Co
Phan Jason $1,900,000 Corinthian Title Co
Kase David O -- Lenders Choice Title Company
Kase David O -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Jason $1,330,000
Previous Owner Kase David O $871,850
Previous Owner Kase David O $125,000
Previous Owner Kase David O $209,658
Closed Kase David O $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $1,900,000 +22.6% $1,057 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $1,550,000 -- $863 / 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 $23,452 $2,056,620 $1,645,296 $411,324
2024 $23,452 $2,016,295 $1,613,036 $403,259
2023 $23,039 $1,976,760 $1,581,408 $395,352
2022 $21,892 $1,938,000 $1,550,400 $387,600
2021 $14,755 $1,233,054 $900,168 $332,886
2020 $8,115 $659,327 $445,750 $213,577
2019 $7,890 $646,400 $437,010 $209,390
2018 $7,788 $633,727 $428,442 $205,285
2016 $7,793 $609,120 $411,806 $197,314
2015 $7,705 $599,972 $405,621 $194,351
2014 $7,596 $588,220 $397,676 $190,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21021701

California Regional Multiple Listing Service (CRMLS)

APN: 7539-021-004