NOT LISTED FOR SALE

2736 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated Value: $6,532,000 - $10,401,242

5 Beds
5.5 Baths
7,628 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $6,000,000 $787 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $52,013/month

27 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Custom Home
  • Silver Spur Elementary School Rated A+
  • Primary Bedroom Suite
  • 1-minute walk to Honeymoon Cove

About This Home

As of October 2015

Welcome to the Hamptons on the West Coast! Modeled after the "Shutters on the Beach" Hotel, this impressive Resort Point home is situated on a huge corner lot with spectacular, unobstructed ocean views. 9-foot ceilings and large rooms throughout combine to create incredible space and volume. Slate and IPE wood floors, white paneled walls, and French doors with integrated shutters are just a few of the highlights. A gracious entry opens to the stunning living room with fireplace on one side, and the Kitchen with adjacent Great Room on the other. The kitchen is anchored by a huge center island, and features stainless appliances as well as marble counters. Enjoy expansive ocean views from both rooms. Downstairs also features a large formal dining room as well as a guest suite, complete with full bath and walk-in closet. Continue towards the back of the house and you'll encounter the massive family room with soaring ceilings, wet bar and fireplace. Feel like a movie? Enjoy the latest in your own 12 seat theater! Upstairs you'll find 4 huge bedrooms, including a tremendous master suite. Outdoors includes another fireplace, a sports court and a huge grass area. Air conditioning, a 3 car attached garage, 2 laundry rooms, and so much more.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 07/20/2015

Vista Sotheby's International Realty

Last Buyer's Agent

Kevin Moen

Estate Properties License #01014808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,204

Year Built

  • Built in 1974

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Front Yard

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Custom Home

Interior Spaces

  • 7,628 Sq Ft Home
  • High Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom

Additional Features

  • Outdoor Fireplace
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 7144
  • Assessor Parcel Number 7542023010

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,204

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542023010
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7628.00
  • Interior Amenities: High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Price Per Square Foot: 786.58
  • Room Type: Family Room, Formal Entry, Foyer, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Separate Family Room, Home Theatre, Two Masters

Exterior Features

  • View: Catalina, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Level, Level with Street, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21752.00
  • Price Per Lot Square Foot: 275.84
  • Lot Size Acres: 0.4990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21752.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 7144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Aug 20, 2015
Sold by
Mihm Todd and Mihm Traci
Bought by
O Hern Living Trust
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Kevin Moen
Estate Properties
List Price
$6,900,000
Sold Price
$6,000,000
Premium/Discount to List
-$900,000
-13.04%
Current Estimated Value
$8,319,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,319,081
Avg. Annual Appreciation
2.59%
Original Mortgage
$1,500,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2007
Sold by
Mihm Todd and Mihm Traci
Bought by
Mihm Todd and Mihm Traci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2003
Sold by
Ccckp Llc
Bought by
Mihm Todd and Mihm Traci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,087,500
Interest Rate
6.3%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 2003
Sold by
Parks Charles E and Parks Kathleen E
Bought by
Ccckp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,087,500
Interest Rate
6.3%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2001
Sold by
Carmack James and Carmack Teresa C
Bought by
Parks Charles E and Parks Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 1996
Sold by
Family Trust Sherwood Joseph C Iii Co Tr Sher and Sherwood Linda Lee
Bought by
Carmack James and Carmack Teresa C

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
7.87%

Purchase Details

Closed on
Jul 20, 1994
Sold by
Mcmorris Clint and Mcmorris Anita
Bought by
Sherwood Joseph Charles and Sherwood Linda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.25%
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
O Hern Living Trust $6,000,000 Progressive Title Company
Mihm Todd -- Accommodation
Mihm Todd -- First American Title Co
Mihm Todd $2,100,000 Lawyers Title
Ccckp Llc -- Lawyers Title
Parks Charles E $1,700,000 Lawyers Title
Carmack James $1,460,000 Equity Title
Sherwood Joseph Charles $1,418,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner O Hern Living Trust $1,500,000
Previous Owner Mihm Todd $1,692,900
Previous Owner Mihm Todd $1,500,000
Previous Owner Mihm Todd $2,087,500
Previous Owner Ccckp Llc $2,087,500
Previous Owner Carmack James $500,000
Previous Owner Parks Charles E $1,000,000
Previous Owner Carmack James $1,000,000
Previous Owner Sherwood Joseph Charles $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $6,000,000 -3.2% $787 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
07/31/2015 07/31/15 Price Changed $6,199,000 -10.2% $813 / Sq Ft
07/20/2015 07/20/15 For Sale $6,900,000 -- $905 / 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 $80,204 $7,318,216 $4,735,187 $2,583,029
2024 $80,204 $7,097,318 $4,642,341 $2,454,977
2023 $79,037 $6,958,156 $4,551,315 $2,406,841
2022 $75,042 $6,821,723 $4,462,074 $2,359,649
2021 $74,961 $6,687,965 $4,374,583 $2,313,382
2019 $71,706 $6,489,599 $4,244,832 $2,244,767
2018 $70,160 $6,242,400 $4,161,600 $2,080,800
2016 $44,920 $3,962,501 $1,741,515 $2,220,986
2015 $44,456 $3,902,981 $1,715,356 $2,187,625
2014 $43,778 $3,826,528 $1,681,755 $2,144,773
Source: Public Records

Agents Affiliated with this Home

  • Chris Adlam

    Seller's Agent in 2015

    Chris Adlam

    Vista Sotheby's International Realty

    (310) 421-2606

    112 in this area

    226 Total Sales

    Chris Adlam
    Section Image
  • Kevin Moen

    Buyer's Agent in 2015

    Kevin Moen

    RE/MAX

    (310) 466-4656

    10 in this area

    53 Total Sales

    Kevin Moen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15158511

California Regional Multiple Listing Service (CRMLS)

APN: 7542-023-010

California Los Angeles County Palos Verdes Estates 90274

2736 Paseo Del Mar, Palos Verdes Estates, CA

This home is located at 2736 Paseo Del Mar, Palos Verdes Estates, CA 90274 since 20 July 2015 and is currently estimated at $8,319,081, approximately $1,090 per square foot. This property was built in 1974. 2736 Paseo Del Mar is a home located in Los Angeles County with nearby schools including Silver Spur Elementary School, Palos Verdes Intermediate School, and Palos Verdes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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