NOT LISTED FOR SALE

Estimated Value: $2,413,650 - $2,974,000

4 Beds
3 Baths
2,496 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $1,920,000 $769 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $16,161/month

16 Days on Market

Highlights

  • View of Trees or Woods
  • Midcentury Modern Architecture
  • Private Yard
  • Montemalaga Elementary School Rated A+
  • Bonus Room
  • 4-minute walk to Frog Creek

About This Home

As of July 2021

Location! Location! Location! Custom-designed and custom-built mid-century modern home, next to the Malaga Cove Plaza of Palos Verdes Estates, close to restaurants, groceries, the library, banks, the post office, City Hall, police department, medical offices, and the fire station— and yet, it is also next to nature with hiking trails, canyons, forests, and scenic ocean bluffs.
This split-level home with big windows and beamed ceilings has 3 bedrooms on the upper level with the living room, the family room right next to the kitchen and breakfast nook in the middle level (which opens to a large patio), and down the stairs are one bedroom, hobby room and a bonus room with access to another small private yard. This property has excellent bones and just needs a little personalized updating to call it your own modern sanctuary! Home to be sold in its present as-is condition.

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 04/28/2021

Last Buyer's Agent

Kim Emery

Engel & Völkers LA South Bay License #01155568

Engel & Völkers LA South Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,463

Year Built

  • Built in 1958

Lot Details

  • 6,337 Sq Ft Lot
  • Private Yard
  • Density is 6-10 Units/Acre
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Woods
  • Canyon
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Fixer Upper

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Patio
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 11 / 1711
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539018016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,463

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Mid Century Modern
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539018016
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2496.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Multi/Split
  • Price Per Square Foot: 769.23
  • Room Type: Bonus Room, Entry, Family Room, Living Room, Office

Exterior Features

  • Patio: Yes
  • View: Canyon, Hills, Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Yard
  • Lot Size Sq Ft: 6337.00
  • Lot Size Acres: 0.1455

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6337.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1711
  • Tax Census Tract: 6703.24
  • Tax Lot: 11
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 29, 2021
Sold by
Jacob Marc J and Bertolone Kristen E
Bought by
Jacob Marc J and Bertolone Kristen E
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Kim Emery
Engel & Völkers LA South Bay
List Price
$1,899,000
Sold Price
$1,920,000
Premium/Discount to List
$21,000
1.11%
Current Estimated Value
$2,666,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,413
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,152,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 16, 2021
Sold by
Barnett Thomas J and Barnett Nancy A
Bought by
Jacob Marc J and Bertolone Kristen E
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Kim Emery
Engel & Völkers LA South Bay
List Price
$1,899,000
Sold Price
$1,920,000
Premium/Discount to List
$21,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,152,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2021
Sold by
Barnett Rita C
Bought by
Barnett Thomas J and Barnett Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,152,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2017
Sold by
Barnett Rita C
Bought by
Barnett Rita C and Barnett Thomas J

Purchase Details

Closed on
Oct 24, 2016
Sold by
Barnett Living Trust
Bought by
Barnett Rita C and Barnett Thomas J

Purchase Details

Closed on
Sep 17, 2015
Sold by
Barnett Joseph T
Bought by
The Barnett Living Trust

Purchase Details

Closed on
May 21, 2009
Sold by
Barnett Rita C
Bought by
Barnett Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Jacob Marc J -- Lawyers Title
Jacob Marc J $1,920,000 Lawyers Title Company
Barnett Rita C -- None Available
The Barnett Living Trust -- None Available
Barnett Joseph T -- Lsi Local Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacob Marc J $1,152,000
Previous Owner Barnett Joseph T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $1,920,000 +1.1% $769 / Sq Ft
05/15/2021 05/15/21 For Sale $1,899,000 -1.1% $761 / Sq Ft
05/12/2021 05/12/21 Off Market $1,920,000 -- --
04/28/2021 04/28/21 For Sale $1,899,000 -- $761 / 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 $23,463 $2,037,518 $1,630,015 $407,503
2024 $23,463 $1,997,567 $1,598,054 $399,513
2023 $23,053 $1,958,400 $1,566,720 $391,680
2022 $21,914 $1,920,000 $1,536,000 $384,000
2021 $3,631 $182,279 $82,421 $99,858
2020 $3,588 $180,411 $81,576 $98,835
2019 $3,520 $176,875 $79,977 $96,898
2018 $3,457 $173,408 $78,409 $94,999
2016 $3,248 $166,676 $75,365 $91,311
2015 $3,203 $164,173 $74,233 $89,940
2014 $3,162 $160,958 $72,779 $88,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21090372

California Regional Multiple Listing Service (CRMLS)

APN: 7539-018-016