$1,080,000
SOLD FEB 2, 2016
0.21 Acre
$5,070,423 Price per Acre
9,269 Sq Ft Lot

Recently Sold

2% Below List Price

12 Days on Market

Highlights

  • Ocean View
  • Lunada Bay Elementary School Rated A+
  • No HOA

About This Lot

As of March 2018

Pre-construction Offering! Prime Lunada Bay lot with panoramic ocean and sunset views in the renowned city of Palos Verdes Estates. Property is being sold with approved plans for a new 5 bedrooms and 5 bathrooms house with 4000sqft living space. Spanish style architecture and the best of California living. The main level of the design is elevated to maximize ocean views from the living room, kitchen, dining area and balconies, artfully blending indoor and outdoor living spaces at both levels, other design features including double height entry, high, vaulted ceiling, en-suite bedrooms, additional family room at lower level with bar and direct access to back yard. Don’t miss this opportunity to build your dream home!

Last Agent to Sell the Property

Junru Pan

Pros Group Inc License #01937101 Listed on: 10/30/2015

Last Buyer's Agent

Junru Pan

Pros Group Inc License #01937101 Listed on: 10/30/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,043

Year Built

  • 2017

Lot Details

  • 9,269 Sq Ft Lot
  • Property is zoned PVR1YY

Property Views

  • Ocean
  • Catalina

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7543013005

Property Details

Property Type

Land

Est. Annual Taxes

$36,043

Year Built

2017

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: PVR1YY
  • Property Type: Land
  • Parcel Number: 7543013005
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Interior Features

  • Price Per Square Foot: 116.52

Exterior Features

  • View: Catalina, Ocean

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9269.00
  • Price Per Lot Square Foot: 116.52
  • Lot Size Acres: 0.2130

Multi Family

  • Lot Size Area: 9269.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Buchanan Kevin Michael and Buchanan Cristallea K
Bought by
Buchanan Kevin M
Total Days on Market
12
Current Estimated Value
$3,868,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,193,654
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,622,516

Purchase Details

Closed on
Apr 29, 2021
Sold by
Buchanan Kevin Michael
Bought by
Buchanan Kevin M

Purchase Details

Listed on
Nov 4, 2017
Closed on
Feb 5, 2018
Sold by
Fm Marketing And Properties Llc
Bought by
Buchanan Kevin Michael and Byun Cristallea Kang
Seller's Agent
George Wong
West Shores Realty, Inc.
Buyer's Agent
Steven Simonetti
Simonetti & Associates
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$2,380,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jan 20, 2016
Sold by
Diwu Sindy Di
Bought by
Fm Marketing & Properties Llc
Seller's Agent
Junru Pan
Pros Group Inc
Buyer's Agent
Junru Pan
Pros Group Inc
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.40%
Original Mortgage
$1,677,500
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2015
Sold by
Mcclaury Lori and The Bernardine Ibbetson Schran
Bought by
Diwu Sindy Di

Purchase Details

Closed on
Dec 5, 1995
Sold by
Schrank Bernardine Ibbetson and Schrank Bernardine M
Bought by
Schrank Bernardine Ibbetson and The Bernardine Ibbetson Schran
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Interfamily Deed Transfer -- North American Title Co Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $2,800,000 Provident Title Company
Grant Deed $1,080,000 Provident Title Company
Grant Deed $770,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,400,000 New Conventional
Closed $2,352,000 Adjustable Rate Mortgage/ARM
Closed $2,380,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,677,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $2,800,000 -6.6% $709 / Sq Ft
02/01/2018 02/01/18 For Sale $2,999,000 0.0% $759 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/01/2018 01/01/18 Price Changed $2,999,000 -6.3% $759 / Sq Ft
11/04/2017 11/04/17 For Sale $3,199,000 +196.2% $810 / Sq Ft
02/02/2016 02/02/16 Sold $1,080,000 -1.8% --
11/11/2015 11/11/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $1,100,000 -- --
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 $36,043 $3,123,449 $1,896,380 $1,227,069
2023 $35,466 $3,062,206 $1,859,197 $1,203,009
2022 $33,370 $3,002,164 $1,822,743 $1,179,421
2021 $33,383 $2,943,299 $1,787,003 $1,156,296
2020 $32,936 $2,913,120 $1,768,680 $1,144,440
2019 $31,959 $2,856,000 $1,734,000 $1,122,000
2018 $13,073 $1,123,632 $1,123,632 $0
2016 $9,270 $781,742 $781,742 $0
2015 $9,343 $744,000 $744,000 $0
2014 $1,861 $54,376 $54,376 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15236244

California Regional Multiple Listing Service (CRMLS)

APN: 7543-013-005