NOT LISTED FOR SALE

2657 Via Olivera Palos Verdes Estates, CA 90274

Estimated Value: $2,807,000 - $2,967,000

5 Beds
2.5 Baths
3,038 Sq Ft
$950/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $1,950,000 $642 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $17,376/month

44 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • No HOA
  • Lunada Bay Elementary School Rated A+
  • Private Yard
  • 2 Car Attached Garage

About This Home

As of September 2019

Finally, here comes a handsome home in turn key condition located in the higher Lunada Bay area of Palos Verdes Estates! Lovely renovation was done with the interior and the exterior of the home during the past two years. All done with great taste, quality construction materials, and very detailed workmanship. 4 bedrooms upstairs with 2 baths and 1 bedroom/study downstairs. The great room is bright and airy with an open style concept, huge windows, sliders, and a fireplace. The gourmet kitchen has built-in appliances, all are top of the line; it has wide plank wood floor thru out the public area. The downstairs bedroom is used as a study with all built-in desk and cabinets. Upstairs you will see the spacious master suite with view balcony, large walk-in closet, a fabulous bath, and another two bedrooms with a Jack/Jill bath. Lovely sunset and ocean views can be enjoyed from different parts of the home. Beautifully finished and mirrored garage could have other use than parking cars. From the moment you park on the street and walk into the court yard entry, you know this is it! Great opportunity and a must see!

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 06/14/2019

Last Buyer's Agent

Sothy Tia

Sothy Tia, Broker License #02023318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,856

Year Built

  • Built in 1977

Lot Details

  • 6,146 Sq Ft Lot
  • Rural Setting
  • Private Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,038 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 6890
  • Assessor Parcel Number 7543015013

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,856

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543015013
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3038.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 641.87
  • Room Type: Entry, Jack & Jill, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • View: Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Yard
  • Lot Size Sq Ft: 6146.00
  • Lot Size Acres: 0.1411

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6146.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 3
  • Tax Tract Number: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 12, 2019
Sold by
Thornburg Robert G and Thornburg Yvonne
Bought by
Tia Sothy and Lu Nancy
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Sothy Tia
Sothy Tia, Broker
List Price
$2,199,000
Sold Price
$1,950,000
Premium/Discount to List
-$249,000
-11.32%
Current Estimated Value
$2,886,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,914
Avg. Annual Appreciation
6.40%
Original Mortgage
$950,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 9, 2015
Closed on
Apr 18, 2016
Sold by
Thornburgh Robert G and Thornburgh Yvonne
Bought by
Thomburgh Robert G and Thomburgh Yvonne
Seller's Agent
Kevin Moen
Estate Properties
Buyer's Agent
Yvonne Thornburgh
Heger Realty Corporation
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%

Purchase Details

Listed on
Nov 9, 2015
Closed on
Feb 1, 2016
Sold by
Vermillion Perry T and Vermillion Lisa Claire
Bought by
Thornburgh Robert G and Thornburgh Yvonne
Seller's Agent
Kevin Moen
Estate Properties
Buyer's Agent
Yvonne Thornburgh
Heger Realty Corporation
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2006
Sold by
Vermillion Perry T and Vermillion Claire
Bought by
Vermillion Perry T and Vermillion Lisa Claire

Purchase Details

Closed on
Jul 13, 1998
Sold by
Wu Roger K
Bought by
Vermillion Perry T and Vermillion Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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
Tia Sothy $1,969,500 Lawyers Title Company
Thomburgh Robert G -- None Available
Thornburgh Robert G $1,300,000 Progressive
Vermillion Perry T -- None Available
Vermillion Perry T $675,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tia Sothy $950,000
Previous Owner Thornburgh Robert G $1,000,000
Previous Owner Vermillion Perry T $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $1,950,000 -7.1% $642 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $2,099,000 -4.5% $691 / Sq Ft
06/14/2019 06/14/19 For Sale $2,199,000 +69.2% $724 / Sq Ft
03/03/2016 03/03/16 Sold $1,300,000 -7.1% $434 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $1,399,000 -6.4% $467 / Sq Ft
11/09/2015 11/09/15 For Sale $1,495,000 -- $499 / 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 $24,856 $2,153,931 $1,642,873 $511,058
2024 $24,856 $2,111,698 $1,610,660 $501,038
2023 $24,429 $2,070,293 $1,579,079 $491,214
2022 $23,226 $2,029,700 $1,548,117 $481,583
2021 $23,225 $1,989,903 $1,517,762 $472,141
2020 $22,915 $1,969,500 $1,502,200 $467,300
2019 $16,428 $1,379,570 $1,103,656 $275,914
2018 $16,318 $1,352,520 $1,082,016 $270,504
2016 $11,165 $893,904 $715,127 $178,777
2015 $11,043 $880,478 $704,386 $176,092
2014 $10,882 $863,232 $690,589 $172,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19141199

California Regional Multiple Listing Service (CRMLS)

APN: 7543-015-013