NOT LISTED FOR SALE

2649 Via Olivera Palos Verdes Estates, CA 90274

Estimated Value: $2,670,593 - $2,836,000

4 Beds
3 Baths
2,770 Sq Ft
$997/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $1,720,000 $621 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $16,501/month

159 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Main Floor Bedroom
  • Lunada Bay Elementary School Rated A+
  • Primary Bedroom Suite
  • Spanish Architecture

About This Home

As of May 2017

Taking back up offer Best price in PVE with ocean view. Immaculately maintained with new engineered floor Spanish Style home in the Lunada Bay area with great ocean view and close to schools. This home features 4 bedrooms and 2.75 baths (one bedroom being used as a Study). Living room on the main level with few steps from entry with high ceilings and fireplace makes this room a great room to relax and entertain. This home also features a formal dining room and breakfast area adjacent to the remodeled kitchen. Gorgeous ocean views are visible from living room, family room, master bedroom, kitchen and breakfast area. 1 bedroom is on the main floor and lower level features an additional family room including a fireplace and built-in wet bar, plus three more bedrooms, two bathrooms and laundry room. . Balcony all around living room and breakfast area. Large and very private patio area for outdoor BBQ entertaining. 3 car garage with plenty of space for additional parking.

Last Agent to Sell the Property

Paul Chen

Glory Realty & Investments, Co License #01038824 Listed on: 10/19/2016

Last Buyer's Agent

Maggie Ding

Compass License #01414326

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,944

Year Built

  • Built in 1975

Lot Details

  • 6,529 Sq Ft Lot
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Clay Roof

Interior Spaces

  • 2,770 Sq Ft Home
  • Bar
  • Awning
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Living Room Balcony
  • Open Patio

Location

  • Suburban Location

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17
  • Assessor Parcel Number 7543015011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,944

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543015011
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2770.00 Square Feet
  • Interior Amenities: Balcony, Bar, Living Room Balcony
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 620.94
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Heated

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s)
  • View: Ocean
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Clay
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • High School: Palos Verdes Peninsula
  • Elementary School: Lunada Bay
  • High School: Palos Verdes Peninsula
  • Elementary School #2: LUNBAY
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6529.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 1
  • Tax Tract Number: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Mar 31, 2017
Sold by
Li Sing N and Lin Sharon
Bought by
Chung David S and Chung Hyejin
Seller's Agent
Paul Chen
Glory Realty & Investments, Co
Buyer's Agent
Maggie Ding
Compass
List Price
$1,760,000
Sold Price
$1,720,000
Premium/Discount to List
-$40,000
-2.27%
Current Estimated Value
$2,762,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,042,648
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,192,100
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2013
Closed on
Sep 25, 2013
Sold by
Davis Ronald O and Davis Juanita G
Bought by
Li Sing N and Lin Sharon
Seller's Agent
Kevin Apor
Apor Properties
Buyer's Agent
Paul Chen
Glory Realty & Investments, Co
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Feb 27, 2003
Sold by
Davis Ronald O and Davis Juanita G
Bought by
Davis Ronald O and Davis Juanita G

Purchase Details

Closed on
Aug 14, 2002
Sold by
Perica Richard S and Perica Constance Lee
Bought by
Davis Ronald O and Davis Juanita G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
6.16%

Purchase Details

Closed on
Jan 22, 1998
Sold by
Perica Richard and Perica Constance Lee
Bought by
Perica Richard S and Perica Constance Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
Mortgage Type
Credit Line Revolving
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
Chung David S $1,703,000 Lawyers Title
Li Sing N $1,450,000 Lawyers Title
Davis Ronald O -- --
Davis Ronald O $1,150,000 --
Perica Richard S -- --
Perica Richard S -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung David S $1,192,100
Previous Owner Davis Ronald O $862,500
Previous Owner Perica Richard S $100,000
Closed Davis Ronald O $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $1,720,000 -2.3% $621 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $1,760,000 0.0% $635 / Sq Ft
12/15/2013 12/15/13 Rented $5,000 -13.8% --
11/15/2013 11/15/13 Under Contract -- -- --
10/29/2013 10/29/13 For Rent $5,800 0.0% --
10/23/2013 10/23/13 Sold $1,450,000 -3.3% $523 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
09/07/2013 09/07/13 For Sale $1,499,000 -- $541 / 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 $22,944 $1,976,469 $1,581,178 $395,291
2024 $22,944 $1,937,716 $1,550,175 $387,541
2023 $22,543 $1,899,723 $1,519,780 $379,943
2022 $21,437 $1,862,475 $1,489,981 $372,494
2021 $21,439 $1,825,957 $1,460,766 $365,191
2019 $20,534 $1,771,800 $1,417,440 $354,360
2018 $20,389 $1,737,060 $1,389,648 $347,412
2016 $17,571 $1,501,524 $1,146,750 $354,774
2015 $17,387 $1,478,970 $1,129,525 $349,445
2014 $17,128 $1,450,000 $1,107,400 $342,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16729648

California Regional Multiple Listing Service (CRMLS)

APN: 7543-015-011