NOT LISTED FOR SALE

Estimated Value: $3,796,383 - $4,088,000

3 Beds
2.5 Baths
3,297 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $3,035,000 $921 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $25,300/month

7 Days on Market

Highlights

  • Ocean View
  • Cabana
  • Updated Kitchen
  • Silver Spur Elementary School Rated A+
  • Primary Bedroom Suite
  • 4-minute walk to Honeymoon Cove

About This Home

As of June 2021

Perfectly positioned on an impressive, estate-sized elevated corner lot with views of the ocean and Catalina Island, this single level pool home is the one you’ve been waiting for. It’s located on a quiet street among the most prestigious homes in Lower Lunada Bay, three doors to the bluff, yet within walking distance to all three award-winning schools. Upon entry, you’ll experience expansive living and dining areas, a pleasant ocean cross-breeze and an open sight line to the large, flat yard that features a pool, full outdoor kitchen and an indoor/outdoor pool cabana (which has been used over the years as an office and workout room). The overall layout is conducive to entertaining in a relaxed style, with ocean views from the main living spaces and even from the pool deck! Beyond the pool, grass lawn, fruit trees, and three car garage, there’s additional space for a sport court or storage of your ocean gear and jet skis. Interior updates include lifeproof flooring, a pool-view kitchen with pass-through window, freshly painted cabinets, granite counters and stainless steel appliances, plus recently remodeled bathrooms and newer windows. The oversized primary bedroom enjoys ocean and sunset views, a walk-in closet and an en-suite bath with dual vanity. Life is peaceful here, where the sounds of the ocean, birds and the R10 buoy provide a backdrop far-removed from the city. Offered for sale for the first time in 50 years, this is a treasured family legacy property.

Last Agent to Sell the Property

Karynne Thim

Pacifica Properties Group, Inc. License #01161295 Listed on: 04/30/2021

Last Buyer's Agent

Jaishree Mehta

The Realestate Group License #01148746

The Realestate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,997

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Lawn
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Catalina

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 3,297 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed patio or porch
  • Outdoor Grill

Location

  • Suburban Location

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Forced Air Zoned Heating System
  • 220 Volts For Spa
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 2236
  • Tax Tract Number 7144
  • Assessor Parcel Number 7542030020

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,997

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542030020
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3297.00 Square Feet
  • Interior Amenities: Open Floorplan, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 920.53
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Cabana, Enclosed, Rear Porch
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Refrigerator
  • Electric: 220 Volts For Spa, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Zoned, Forced Air
  • Laundry Features: Individual Room, Inside
  • 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
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Lunada Bay
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lawn, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20212.00
  • Lot Size Acres: 0.4640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20212.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2236
  • Tax Census Tract: 6703.28
  • Tax Lot: 8
  • Tax Tract Number: 7144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Mehta Akshay and Mehta Chaitali
Bought by
Mehta Family Trust and Mehta
Total Days on Market
7
Current Estimated Value
$3,957,846

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 11, 2021
Sold by
Mance Paul T and Mance Dominic
Bought by
Mehta Akshay and Gala Chaitali
Seller's Agent
Karynne Thim
Pacifica Properties Group, Inc.
Buyer's Agent
Jaishree Mehta
The Realestate Group
List Price
$2,900,000
Sold Price
$3,035,000
Premium/Discount to List
$135,000
4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$2,428,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Mance Anna
Bought by
Mance Anna
Source: Public Records

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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
Mehta Family Trust -- None Listed On Document
Mehta Akshay $3,035,000 Lawyers Title Company
Mance Anna -- --
Mance Anna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Akshay $2,428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $3,035,000 +4.7% $921 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $2,900,000 -- $880 / 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
2024 $36,997 $3,220,764 $2,576,612 $644,152
2023 $36,405 $3,157,613 $2,526,091 $631,522
2022 $34,585 $3,095,700 $2,476,560 $619,140
2021 $4,990 $273,348 $92,163 $181,185
2020 $4,933 $270,546 $91,218 $179,328
2019 $4,835 $265,242 $89,430 $175,812
2018 $4,522 $260,042 $87,677 $172,365
2016 $4,258 $249,946 $84,273 $165,673
2015 $4,202 $246,193 $83,008 $163,185
2014 $4,153 $241,371 $81,382 $159,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21090867

California Regional Multiple Listing Service (CRMLS)

APN: 7542-030-020