NOT LISTED FOR SALE

2524 Via Sanchez Palos Verdes Estates, CA 90274

Estimated Value: $2,640,000 - $2,781,000

4 Beds
3 Baths
2,920 Sq Ft
$922/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $1,750,000 $599 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $17,016/month

107 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Sun or Florida Room
  • Lunada Bay Elementary School Rated A+
  • Sauna
  • High Ceiling

About This Home

As of November 2017

Luxurious home located in the prestigious upper Lunada Bay area of Palos Verdes Estates. Home has incredible, unobstructed ocean views to Catalina Island. High vaulted ceilings, large living spaces with beaming sunshine throughout the whole home. This home is gorgeous with great energy running throughout the home. Additionally, major upgrades have been recently done, including a new roof (installed December 2016), remodeled kitchen and bathrooms, new windows, new sliding glass doors, and brand new carpet. As a major parental perk, this home is walkable to all three highly rated schools in the Palos Verdes Unified School District, Lunada Bay Elementary, Palos Verdes Intermediate and Palos Verdes High School. This home designed by the renowned architect Edward Carson Beall is a must see.

Last Agent to Sell the Property

Lynn Kim

Vista Sotheby's International Realty License #01476216 Listed on: 06/01/2017

Vista Sotheby's International Realty

Last Buyer's Agent

Hong Li

eXp Realty of California, Inc. License #01972900

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,599

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 7,550 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • Panoramic

Home Design

  • Patio Home
  • Turnkey

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Sauna
  • Home Gym
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Dressing Area
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bathtub

Pool

  • Heated Spa
  • Above Ground Spa

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6890
  • Assessor Parcel Number 7543004013

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,599

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator
  • Other Phone Description: 3107412642
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543004013
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2920.00 Square Feet
  • Interior Amenities: Beamed Ceilings, High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 599.32
  • Room Type: All Bedrooms Up, Dressing Area, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Laundry, Living Room, Master Bathroom, Office, Sun
  • Spa Features: Above Ground, Heated, Private
  • Bathroom Features: Bathtub, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Other Structures: Sauna Private
  • View: Ocean, Panoramic
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • 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
  • Elementary School: Lunada Bay
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Lunada Bay
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home, Paved, Yard
  • Lot Size Sq Ft: 7550.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 10
  • Tax Tract Number: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Oct 25, 2017
Sold by
Tsai Tiffany
Bought by
Tsai Danny Ming Kae
Seller's Agent
Lynn Kim
Vista Sotheby's International Realty
Buyer's Agent
Hong Li
eXp Realty of California, Inc.
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Total Days on Market
107
Current Estimated Value
$2,693,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,677
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,225,000
Outstanding Balance
$1,023,203
Interest Rate
3.27%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,670,474

Purchase Details

Listed on
Jun 1, 2017
Closed on
Oct 24, 2017
Sold by
Tsai Megan
Bought by
Tsai Jeffrey Ming Jie
Seller's Agent
Lynn Kim
Vista Sotheby's International Realty
Buyer's Agent
Hong Li
eXp Realty of California, Inc.
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,023,203
Interest Rate
3.27%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,670,474

Purchase Details

Listed on
Jun 1, 2017
Closed on
Oct 19, 2017
Sold by
Tsai Danny Ming Kae
Bought by
Lin Hai and Huo Min
Seller's Agent
Lynn Kim
Vista Sotheby's International Realty
Buyer's Agent
Hong Li
eXp Realty of California, Inc.
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Outstanding Balance
$1,023,203
Interest Rate
3.27%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,670,474
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 Buyer Sale Price Title Company
Tsai Danny Ming Kae -- None Available
Tsai Jeffrey Ming Jie -- None Available
Lin Hai $1,750,000 Western Resources Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Hai $1,225,000
Previous Owner Tsai Danny Ming Kae $142,210
Previous Owner Tsai Danny Ming Kae $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $1,750,000 -2.7% $599 / Sq Ft
06/21/2017 06/21/17 Price Changed $1,799,000 -2.8% $616 / Sq Ft
06/01/2017 06/01/17 For Sale $1,850,000 -- $634 / 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
2024 $23,599 $2,001,749 $1,561,724 $440,025
2023 $22,659 $1,913,877 $1,531,102 $382,775
2022 $21,548 $1,876,351 $1,501,081 $375,270
2021 $21,547 $1,839,561 $1,471,649 $367,912
2020 $21,260 $1,820,700 $1,456,560 $364,140
2019 $20,637 $1,785,000 $1,428,000 $357,000
2018 $20,496 $1,750,000 $1,400,000 $350,000
2016 $13,062 $1,073,443 $527,598 $545,845
2015 $12,921 $1,057,319 $519,673 $537,646
2014 $12,732 $1,036,609 $509,494 $527,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17121666

California Regional Multiple Listing Service (CRMLS)

APN: 7543-004-013