NOT LISTED FOR SALE

Estimated Value: $2,340,000 - $2,573,000

4 Beds
2 Baths
1,568 Sq Ft
$1,556/Sq Ft Est. Value

Last Sold August 07, 2013

Last sale price $1,245,000 $794 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $14,499/month

11 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • No HOA
  • Montemalaga Elementary School Rated A+
  • Pasture Views
  • Gentle Sloping Lot

About This Home

As of August 2013

Yes, that's right... A 1924, Old Spanish in the heart of Malaga Cove. One of the first homes built in PVE (the Postmaster's House). The house also has prominence, it was once recognized as one of the "10 most notable buildings in Palos Verdes". The house needs updating, but it is a true "diamond in the rough".

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 06/03/2013

Vista Sotheby's International Realty

Last Buyer's Agent

Alison Clay-Duboff

Estate Properties License #01786922

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,017

Year Built

  • Built in 1924

Lot Details

  • 0.25 Acre Lot
  • Rural Setting
  • Gentle Sloping Lot

Parking

  • 1 Car Garage

Property Views

  • Pasture
  • Neighborhood

Interior Spaces

  • 1,568 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Pool

  • Private Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539024003

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,017

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539024003
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1568.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 794.01
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood, Pasture
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Features: Gentle Sloping, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10872.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10872.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Sanford Allen J
Bought by
Sanford Allen J and Sanford Colleen V
Current Estimated Value
$2,439,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,000
Outstanding Balance
$1,091,633
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,365,449

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jun 26, 2013
Sold by
Walt Florence M
Bought by
Sanford Allen J
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Alison Clay-Duboff
Estate Properties
List Price
$1,199,000
Sold Price
$1,245,000
Premium/Discount to List
$46,000
3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$996,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
Sold by
Walt Vernon H
Bought by
Walt Vernon H and Walt Florencem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1997
Sold by
Walt Vernon H
Bought by
Walt Vernon H and Walt Florence M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sanford Allen J -- Fidelity Sherman Oaks
Sanford Allen J $1,245,000 Pacific Coast Title
Walt Vernon H -- Lawyers Title
Walt Vernon H -- Lawyers Title Company
Walt Vernon H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanford Allen J $1,215,000
Closed Sanford Allen J $1,146,000
Closed Sanford Allen J $1,130,000
Closed Sanford Allen J $996,000
Previous Owner Walt Vernon H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2013 08/07/13 Sold $1,245,000 +3.8% $794 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $1,199,000 -- $765 / 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 $18,017 $1,550,056 $1,220,955 $329,101
2024 $18,017 $1,519,664 $1,197,015 $322,649
2023 $17,678 $1,489,868 $1,173,545 $316,323
2022 $16,810 $1,460,656 $1,150,535 $310,121
2021 $16,823 $1,432,017 $1,127,976 $304,041
2020 $16,597 $1,417,334 $1,116,410 $300,924
2019 $16,111 $1,389,544 $1,094,520 $295,024
2018 $16,001 $1,362,299 $1,073,059 $289,240
2016 $15,198 $1,309,401 $1,031,392 $278,009
2015 $15,039 $1,289,734 $1,015,900 $273,834
2014 $14,625 $1,245,000 $996,000 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13104601

California Regional Multiple Listing Service (CRMLS)

APN: 7539-024-003