NOT LISTED FOR SALE

2920 Via Pacheco Palos Verdes Estates, CA 90274

Estimated Value: $2,621,000 - $2,817,000

4 Beds
4 Baths
2,700 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $1,600,000 $593 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $16,998/month

45 Days on Market

Highlights

  • White Water Ocean Views
  • Art Studio
  • Wood Flooring
  • Silver Spur Elementary School Rated A+
  • Primary Bedroom Suite
  • Lawn

About This Home

As of August 2014

Lower Lunada Bay Ocean View home sits on a quiet street to capture the gorgeous sunsets. This 4 bedroom, 3.5 bath house is perfect for the family. The bright Formal Living Room has elegant fireplace and large viewing deck to enjoy the view and feel the ocean breeze. The well laid out kitchen has eat in dining area that overlooks the large private, flat backyard with room for a pool. A formal dining room also looks onto the back yard with easy access to the kitchen for family dinners. Master Suite has ocean view and updated bathroom and is a nice retreat at the end of the day. The fourth bedroom is being used as a family room.The fully sound proofed private office suite with vaulted ceilings and bathroom has a entrance. Possible expansion opportunity i n the basement area from the entry hall closet. Other amenities include Two car garage with easy access from the alley and laundry room off kitchen.
This Lunada Bay location is in close proximity to schools (elementary, middle & high schools) in the award-winning Palos Verdes school district. This location is SO special; it is located around the corner from the Lunada Bay bluffs- So close, you can hear the seals barking and waves crashing at night in the distance. This home has it all!

Last Agent to Sell the Property

Al D'Amico

Keller Williams Palos Verdes License #00638870 Listed on: 05/22/2014

Keller Williams Palos Verdes

Last Buyer's Agent

Chris Adlam

Vista Sotheby's International Realty License #00967574

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,320

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Panoramic

Interior Spaces

  • 2,700 Sq Ft Home
  • Living Room with Fireplace
  • Art Studio
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Additional Features

  • Suburban Location
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 7144
  • Assessor Parcel Number 7542029006

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,320

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Julie
  • Other Phone Number: 310-413-6978
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542029006
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 592.59
  • Room Type: Art Studio, Master Suite

Exterior Features

  • View: Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Level, Lawn, Paved
  • Lot Size Sq Ft: 10986.00
  • Lot Size Acres: 0.2520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10986.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 7144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 10, 2014
Sold by
Marshall Phil and Marshall Erin
Bought by
The Lanes Family Trust
Seller's Agent
Al D'Amico
Keller Williams Palos Verdes
Buyer's Agent
Chris Adlam
Vista Sotheby's International Realty
List Price
$1,775,000
Sold Price
$1,600,000
Premium/Discount to List
-$175,000
-9.86%
Current Estimated Value
$2,764,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,829
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,280,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1998
Sold by
Lee Sang H
Bought by
Marshall Phil and Marshall Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,750
Interest Rate
7.11%
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
The Lanes Family Trust $1,600,000 Lawyers Title
Marshall Phil $729,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanes Theodore $1,154,000
Closed Lanes Theodore $1,158,000
Closed Lanes Theodore $1,265,000
Closed The Lanes Family Trust $1,280,000
Previous Owner Marshall Erin A $130,000
Previous Owner Marshall Phil $250,000
Previous Owner Marshall Phil $586,000
Previous Owner Marshall Phil $590,000
Previous Owner Marshall Phil $40,000
Previous Owner Marshall Phil $546,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $1,600,000 -3.8% $593 / Sq Ft
06/30/2014 06/30/14 Price Changed $1,662,500 -6.3% $616 / Sq Ft
05/22/2014 05/22/14 For Sale $1,775,000 -- $657 / 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 $22,320 $1,922,954 $1,538,365 $384,589
2024 $22,320 $1,885,250 $1,508,201 $377,049
2023 $21,926 $1,848,285 $1,478,629 $369,656
2022 $20,853 $1,812,045 $1,449,637 $362,408
2021 $20,854 $1,776,515 $1,421,213 $355,302
2020 $20,577 $1,758,300 $1,406,641 $351,659
2019 $19,974 $1,723,824 $1,379,060 $344,764
2018 $19,811 $1,690,024 $1,352,020 $338,004
2016 $18,807 $1,624,400 $1,299,520 $324,880
2015 $18,609 $1,600,000 $1,280,000 $320,000
2014 $12,102 $987,874 $793,914 $193,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14106796

California Regional Multiple Listing Service (CRMLS)

APN: 7542-029-006