NOT LISTED FOR SALE

2851 Via Victoria Palos Verdes Estates, CA 90274

Estimated Value: $3,656,000 - $4,053,000

3 Beds
5 Baths
4,691 Sq Ft
$842/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $2,400,000 $512 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $23,216/month

92 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Mediterranean Architecture
  • Lunada Bay Elementary School Rated A+
  • Marble Flooring
  • 5-minute walk to Lunada Canyon Trailhead

About This Home

As of July 2019

This exceptional Italian Villa is a rare opportunity to own a stunning custom-built home in Palos Verdes Estates. Set behind gates the home is surrounded by views of the canyon & stream below making it a peaceful oasis. Enter through the beautifully landscaped garden w/ ocean views featuring a fountain, grassy lawn & built in BBQ area. The grand entryway features a soaring domed rotunda w/ marble floors. Enjoy 4691 SQFT of luxurious living space, including a stunning living room, inviting den, formal dining room, wood-paneled library (which doubles as a 4th bedroom), & gourmet chef's kitchen w/ adjacent breakfast room. The tranquil Master Suite has 2 balcony areas perfect for indoor/outdoor relaxation. There are 2 additional bedroom suites w/ marble bathrooms. The home features a bonus room that can be used as an office or children's play area. Don't miss out on this rare opportunity to own this meticulously built residence just minutes away from the ocean & shops in Lunada Bay.

Last Agent to Sell the Property

Jacob McDermott

Carolwood Estates License #02077324 Listed on: 02/20/2019

Carolwood Estates

Co-Listed By

Neyshia Go

Sotheby's International Realty License #01933923

Last Buyer's Agent

Gregory Eubanks

Redfin Corporation License #01949808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,387

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Property is zoned PVR1*

Property Views

  • Ocean
  • Coastline
  • Peek-A-Boo
  • Canyon

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,691 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Library with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway
  • On-Street Parking

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7543-001-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,387

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4691
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den, Library, Living Room
  • Flooring: Carpet, Hardwood, Marble, Wood
  • Bedrooms: 3
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Price Per S Q F T: 553.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Coastline, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 3 Car, On street

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7543-001-009
  • Geocode Override: No
  • Lot Size Area: 15515

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
May 29, 2019
Sold by
Burke Leslie A and The Leslie A Burke Revocable T
Bought by
Chan Lawrence and Chan Jenny
Seller's Agent
Jacob McDermott
Carolwood Estates
Buyer's Agent
Gregory Eubanks
Redfin Corporation
List Price
$2,848,888
Sold Price
$2,400,000
Premium/Discount to List
-$448,888
-15.76%
Current Estimated Value
$3,951,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,551,800
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Burke Kevin
Bought by
Burke Leslie A

Purchase Details

Closed on
Mar 4, 2010
Sold by
Burke Leslie A
Bought by
Burke Leslie A and Leslie A Burke Revocable Trust

Purchase Details

Closed on
Jul 20, 2004
Sold by
Burke Kevin
Bought by
The Riley/Liam Qprt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 2003
Sold by
Burke Kevin P
Bought by
The Riley/Liam Qprt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2001
Sold by
Burke Kevin P
Bought by
The Riley/Liam Qprt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%

Purchase Details

Closed on
Mar 15, 2001
Sold by
Burke Leslie A
Bought by
Burke Leslie A and Burke Kevin

Purchase Details

Closed on
Dec 10, 1999
Sold by
Burke Kevin
Bought by
Burke Leslie A and The Riley/Liam Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,551
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 1998
Sold by
Burke Leslie A Tr
Bought by
Burke Kevin and Burke Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.62%

Purchase Details

Closed on
Nov 13, 1996
Sold by
Burke Leslie A
Bought by
Burke Leslie A and The Riley Liam Trust

Purchase Details

Closed on
Nov 4, 1996
Sold by
Burke Trust Burke, Kevin And Leslie A Trs Kev
Bought by
Burke Leslie A

Purchase Details

Closed on
Jan 20, 1994
Sold by
Burke Kevin P
Bought by
Burke Kevin and Burke Leslie A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chan Lawrence $2,400,000 Western Resources Title
Burke Leslie A -- None Available
Burke Leslie A -- None Available
The Riley/Liam Qprt -- --
Burke Kevin -- Lawyers Title
The Riley/Liam Qprt -- Lawyers Title
Burke Kevin P -- Lawyers Title
The Riley/Liam Qprt -- Lawyers Title Company
Burke Kevin P -- Lawyers Title Company
Burke Leslie A -- --
Burke Leslie A -- Continental Title
Burke Kevin -- Continental Title
Burke Kevin -- --
Burke Leslie A -- --
Burke Leslie A -- --
Burke Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Kevin $1,400,000
Previous Owner Burke Kevin P $600,000
Previous Owner Burke Kevin P $600,000
Previous Owner Burke Kevin $475,551
Previous Owner Burke Kevin $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $2,400,000 -7.5% $512 / Sq Ft
04/29/2019 04/29/19 Price Changed $2,595,000 -8.9% $553 / Sq Ft
02/20/2019 02/20/19 For Sale $2,848,888 0.0% $607 / Sq Ft
11/01/2013 11/01/13 Rented $6,800 -2.9% --
10/24/2013 10/24/13 Under Contract -- -- --
10/04/2013 10/04/13 For Rent $7,000 -- --
Source: The MLS

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 $30,387 $2,624,748 $1,640,468 $984,280
2024 $30,387 $2,573,283 $1,608,302 $964,981
2023 $29,892 $2,522,827 $1,576,767 $946,060
2022 $28,429 $2,473,360 $1,545,850 $927,510
2021 $28,410 $2,424,864 $1,515,540 $909,324
2019 $15,653 $1,256,258 $378,036 $878,222
2018 $15,494 $1,231,626 $370,624 $861,002
2016 $14,674 $1,183,802 $356,233 $827,569
2015 $14,514 $1,166,022 $350,883 $815,139
2014 $14,302 $1,143,182 $344,010 $799,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-434646

The MLS

APN: 7543-001-009