2640 Via Olivera Palos Verdes Estates, CA 90274
Estimated Value: $2,394,000 - $2,808,000
5
Beds
3
Baths
2,778
Sq Ft
$917/Sq Ft
Est. Value
Highlights
- Ocean View
- Open Floorplan
- Private Yard
- Lunada Bay Elementary School Rated A+
- Mediterranean Architecture
- No HOA
About This Home
As of November 2017The scenic hillside and dramatic coastline in Palos Verdes Estates is the setting of this Upper Lunada Bay home sitting beautifully atop the gently sloping landscape. The home's Mediterranean Style charm will immediately capture your imagination and the 5 bedrooms, 3 baths, 2,778 sq. ft. on an expansive 7,839 sq. ft. lot. You are first greeted to an elegant foyer that leads you to the home's welcoming flow of living space. The living room is a bright and open space where you can settle in and relax with the warm fireplace on a cool winter's night and overlook and access the tranquil backyard on a warm summer night. The open kitchen and family room is ideal for larger households, entertaining guests, and to just enjoy for everyday living in this great room. A formal dining room is set between the two living spaces and provides the elegant and intimate setting for formal dinners parties. The home's layout offers 3 bedrooms upstairs and 2 bedrooms downstairs. Upstairs you'll find the master bedroom featuring ocean views, a spacious closet, and a large master bathroom. Two additional bedrooms with walk-in closets, share the Jack-and-Jill style bathroom. The first floor offers two spacious bedrooms tucked away for privacy along with a large 3/4 bath. Take pleasure in the wonderful Palos Verdes weather year round with the verdant backyard and front yard. Also included is a laundry Room and 2-Car Garage. Lunada Bay has great ocean views and award winning schools. Needs updating.
Last Agent to Sell the Property
TR Wealth Management Inc. License #00986020 Listed on: 06/29/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,180
Year Built
- Built in 1972
Lot Details
- 7,839 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Chain Link Fence
- Fence is in average condition
- Landscaped
- Rectangular Lot
- Gentle Sloping Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Garden
- Density is up to 1 Unit/Acre
- Property is zoned PVR1*
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Garage Door Opener
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Mediterranean Architecture
- Cosmetic Repairs Needed
- Raised Foundation
- Frame Construction
- Tile Roof
- Clay Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 2,778 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Recessed Lighting
- Gas Fireplace
- Casement Windows
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
- Jack-and-Jill Bathroom
- Tile Bathroom Countertop
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
- Low Flow Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
- Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Grab Bar In Bathroom
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
- Low Pile Carpeting
- Accessible Parking
Outdoor Features
- Sport Court
- Brick Porch or Patio
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Schools
- Lunada Bay Elementary School
- Palos Verdes High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- 220 Volts
- Gas Water Heater
- Septic Type Unknown
- Sewer Assessments
- Cable TV Available
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 6890
- Assessor Parcel Number 7543013017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 15, 2022
Sold by
Odin New Horizon Real Estate Fund Lp
Bought by
Flint Youngfellow Trust
Total Days on Market
107
Current Estimated Value
Purchase Details
Listed on
Jun 29, 2017
Closed on
Sep 29, 2017
Sold by
Mulkey William M
Bought by
Evans Jesse Adrian
Seller's Agent
Bill Mulkey
TR Wealth Management Inc.
Buyer's Agent
Heidi Brown
Coldwell Banker Realty
List Price
$1,545,000
Sold Price
$1,510,000
Premium/Discount to List
-$35,000
-2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,208,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 7, 2013
Sold by
Mulkey Patricia R
Bought by
Mulkey Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2012
Sold by
Mulkey Patricia R
Bought by
Mulkey Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2011
Sold by
Mulkey Patricia R
Bought by
Mulkey Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2011
Sold by
Mulkey Thomas F
Bought by
Mulkey Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2003
Sold by
Mulkey Thomas F and Mulkey Patricia R
Bought by
Mulkey Thomas F
Purchase Details
Closed on
Oct 6, 1994
Sold by
Mulkey Thomas F and Mulkey Patricia R
Bought by
Mulkey Thomas F
Purchase Details
Closed on
Oct 27, 1993
Sold by
Mulkey Thomas F and Mulkey Patricia R
Bought by
Mulkey Thomas F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Evans Jesse Adrian | $1,510,000 | First American Title Company | |
| Mulkey Patricia R | -- | None Available | |
| Mulkey Patricia R | -- | Lawyers Title Insurance Co | |
| Mulkey Patricia R | -- | First American Title Company | |
| Mulkey Patricia R | -- | First American Title Company | |
| Mulkey Thomas F | -- | Ticor Title Co | |
| Mulkey Thomas F | -- | -- | |
| Mulkey Thomas F | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Evans Jesse Adrian | $249,999 | |
| Open | Flint Youngfellow Trust | $1,420,000 | |
| Closed | Youngfellow Evans Jesse Adrian | $1,193,000 | |
| Closed | Evans Jesse Adrian | $1,208,000 | |
| Previous Owner | Mulkey Patricia R | $311,000 | |
| Previous Owner | Mulkey Patricia R | $315,000 | |
| Previous Owner | Mulkey Thomas F | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2017 11/03/17 | Sold | $1,510,000 | +1.0% | $544 / Sq Ft |
| 07/24/2017 07/24/17 | Price Changed | $1,495,000 | -3.2% | $538 / Sq Ft |
| 06/29/2017 06/29/17 | For Sale | $1,545,000 | -- | $556 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,180 | $1,684,430 | $1,347,545 | $336,885 |
| 2023 | $19,817 | $1,651,403 | $1,321,123 | $330,280 |
| 2022 | $18,852 | $1,619,023 | $1,295,219 | $323,804 |
| 2021 | $18,857 | $1,587,278 | $1,269,823 | $317,455 |
| 2020 | $18,606 | $1,571,003 | $1,256,803 | $314,200 |
| 2019 | $18,067 | $1,540,200 | $1,232,160 | $308,040 |
| 2018 | $17,959 | $1,510,000 | $1,208,000 | $302,000 |
| 2016 | $3,971 | $227,981 | $72,049 | $155,932 |
| 2015 | $3,919 | $224,557 | $70,967 | $153,590 |
| 2014 | $3,868 | $220,159 | $69,577 | $150,582 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Mulkey
Seller's Agent in 2017
Bill Mulkey
TR Wealth Management Inc.
(310) 919-7554
16 Total Sales
-
Heidi Brown
H
Buyer's Agent in 2017
Heidi Brown
Coldwell Banker Realty
(310) 748-1684
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17147576
APN: 7543-013-017
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