$2,100,000
SOLD OCT 31, 2014

2624 Via Olivera Palos Verdes Estates, CA 90274

4 Beds
2.5 Baths
3,148 Sq Ft
5,966 Sq Ft Lot

Recently Sold

$667 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Lunada Bay Elementary School Rated A+
  • Updated Kitchen
  • Dual Staircase

About This Home

As of October 2014

STUNNING SPANISH-MEDITERRANEAN OCEAN VIEW HOME, impressively updated with high end finishes, located in upper Lunada Bay, with spectacular ocean and sunset views. This home has gone through a complete transformation, including over $450,000 in upgrades. It has over 3,000 sq ft, with 4 bedrooms and 2.5 baths. The Gourmet kitchen is spectacular! It has custom-built cabinets and a huge 9’ island, a built-in fridge, double ovens, professional cook top and microwave drawer. Upgrades include double paned wood windows and French doors, plus a state-of-the-art 15’ BI-FOLD DOOR SYSTEM, which opens to a huge front deck with panoramic ocean views. The Master Retreat has vaulted ceilings and French doors to a balcony where you can sit and marvel at the view. The master bath has a freestanding tub, large shower and “his and her” sinks. There is a wine cellar with two wine refrigerators and 100-bottle storage. Surround sound is installed plus outdoor speakers. Other features include new electrical/plumbing/heating, gated courtyard with fountain and intercom entry, tankless water heater, new garage door, custom landscaping/hardscape, new lighting. Walking distance to PVIS and close to restaurants and shopping. This is a must see! You won’t be disappointed.

Last Agent to Sell the Property

Janet Stearns

Compass License #01851243 Listed on: 09/05/2014

Compass

Co-Listed By

Cameron Stearns

Compass License #01920602

Last Buyer's Agent

Jason Buck

Estate Properties License #01246340

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,776

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 5,966 Sq Ft Lot
  • Wrought Iron Fence
  • New Fence
  • Gentle Sloping Lot
  • On-Hand Building Permits

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Bay

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 3,148 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Wood Frame Window
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Double Oven
  • Six Burner Stove
  • Ice Maker
  • Water Line To Refrigerator
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Intercom
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Private Water Source
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6890
  • Assessor Parcel Number 7543013010

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,776

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Building Permit, Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543013010
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3148.00
  • Interior Amenities: 2 Staircases, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Intercom, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 667.09
  • Room Type: All Bedrooms Up, Family Room, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Wood Frames
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Bay, Ocean
  • Fence: Yes
  • Fencing: New Condition, Wrought Iron
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Ice Maker, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 5966.00
  • Lot Size Acres: 0.1370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5966.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Ketterman Kimberly and Streeter Kimberly Ketterman
Bought by
Ketterman Kimberly
Current Estimated Value
$2,986,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Outstanding Balance
$1,414,996
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,571,517

Purchase Details

Closed on
Oct 25, 2021
Sold by
Streeter Kimberly Ketterman
Bought by
Streeter Kimberly Ketterman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Outstanding Balance
$1,414,996
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,571,517

Purchase Details

Closed on
Jun 24, 2020
Sold by
Streeter Matthew and Streeter Kimberly Ketterman
Bought by
Streeter Kimberly Ketterman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,578,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2014
Closed on
Sep 10, 2014
Sold by
Rjs Capital Llc
Bought by
Streeter Mattew and Keeterman Kimberly
Seller's Agent
Janet Stearns
Compass
Buyer's Agent
Jason Buck
Estate Properties
List Price
$2,150,000
Sold Price
$2,100,000
Premium/Discount to List
-$50,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,680,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Tiger Bass Properties Llc
Bought by
Rjs Capital Llc

Purchase Details

Listed on
Nov 30, 2013
Closed on
Dec 9, 2013
Sold by
Tawada Shiayu
Bought by
Tiger Bass Properties Llc
Seller's Agent
Cheryl Lattimore
Premier Realty Associates
Buyer's Agent
Stuart Underwood
Lawyers Realty Group
List Price
$1,350,000
Sold Price
$1,179,000
Premium/Discount to List
-$171,000
-12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$10,000,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 28, 2006
Sold by
Tawada Yukie
Bought by
Tawada Shinyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
8.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 25, 2006
Sold by
Tawada Shinyu
Bought by
Tawada Shinyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
8.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 22, 2001
Sold by
Tawada Yukie
Bought by
Tawada Shinyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $2,100,000 First American Title Company
Grant Deed -- Provident Title
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- Old Republic Title Co Oc
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Credit Line Revolving
Open $1,545,000 New Conventional
Closed $1,578,000 New Conventional
Closed $197,405 Credit Line Revolving
Previous Owner $1,680,000 New Conventional
Previous Owner $10,000,000 Credit Line Revolving
Previous Owner $110,760 Unknown
Previous Owner $780,000 Balloon
Previous Owner $127,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $2,100,000 -2.3% $667 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $2,150,000 0.0% $683 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
08/17/2014 08/17/14 For Sale $2,150,000 +82.4% $683 / Sq Ft
12/12/2013 12/12/13 Sold $1,179,000 0.0% $386 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
12/01/2013 12/01/13 Off Market $1,179,000 -- --
11/30/2013 11/30/13 For Sale $1,350,000 +14.5% $442 / Sq Ft
11/14/2013 11/14/13 Off Market $1,179,000 -- --
09/14/2013 09/14/13 Price Changed $1,350,000 -6.9% $442 / Sq Ft
09/03/2013 09/03/13 For Sale $1,450,000 +23.0% $475 / Sq Ft
08/22/2013 08/22/13 Off Market $1,179,000 -- --
08/16/2013 08/16/13 Price Changed $1,450,000 +7.4% $475 / Sq Ft
08/13/2013 08/13/13 For Sale $1,350,000 -- $442 / 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 $28,776 $2,523,876 $1,922,956 $600,920
2024 $28,776 $2,474,389 $1,885,251 $589,138
2023 $28,295 $2,425,873 $1,848,286 $577,587
2022 $26,889 $2,378,308 $1,812,046 $566,262
2021 $26,884 $2,331,675 $1,776,516 $555,159
2020 $26,524 $2,307,768 $1,758,301 $549,467
2019 $25,735 $2,262,519 $1,723,825 $538,694
2018 $25,623 $2,218,157 $1,690,025 $528,132
2016 $24,334 $2,132,025 $1,624,400 $507,625
2015 $24,082 $2,100,000 $1,600,000 $500,000
2014 -- $1,179,000 $943,200 $235,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14176494

California Regional Multiple Listing Service (CRMLS)

APN: 7543-013-010