NOT LISTED FOR SALE

Estimated Value: $3,211,751 - $3,559,000

5 Beds
5.5 Baths
4,862 Sq Ft
$698/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $2,475,000 $509 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $21,155/month

21 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Point Vicente Elementary School Rated A+
  • Home Theater
  • Open Floorplan

About This Home

As of August 2017

Located on a quiet cul-de-sac this beautiful upgraded home offers sweeping unobstructable Ocean/Catalina views from almost every room. Elegant formal living room and dining room is located adjacent to the spacious family room with fireplace. Newly remodeled kitchen with gorgeous granite counter tops and stainless steel appliances with adjoining family dining area. Large patio off the kitchen offers casual convenient outdoor dining to enjoy the amazing views. Beautiful hardwood floors and recessed lighting are located thru out the main living area. The main floor offers a guest suite with a private bath. Every bedroom on the second level offers a private bath. The huge master suite offers a spacious remodeled master bath, large sitting area, private office as well as a walk-in closet. The master suite also has a large private deck located off of it. Located on the bottom level is the ultimate entertaining area with bar area, home theater, and huge wine cellar. This elegant home has a spacious yard with a wonderful outdoor entertaining area with large built in bbq, firepit with sitting area, dining area as well as a large lawn all overlooking beautiful vistas of the Pacific Ocean.

Last Agent to Sell the Property

Suzanne Dyer

Strand Hill Properties License #01054310 Listed on: 06/05/2017

Last Buyer's Agent

MEHUL PATEL

VALIANT REALTY License #01941514

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,153

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Private Yard
  • Back and Front Yard
  • Property is zoned RPRS20000*

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Park or Greenbelt

Home Design

  • Copper Plumbing

Interior Spaces

  • 4,862 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Storage
  • Laundry Room
  • Basement

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Fire Pit

Schools

  • Point Vicente Elementary School
  • Ridgecrest Middle School
  • Palos Verdes High School

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 25313
  • Assessor Parcel Number 7581010006

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,153

Year Built

Built in 1962

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS20000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7581010006
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4862.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 509.05
  • Room Type: Basement, Den, Dressing Area, Entry, Family Room, Guest/Maid's Quarters, Home Theatre, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Walk-In Closet, Wine Cellar
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Park/Greenbelt, Water
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 75.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Point Vicente
  • Middle School: Ridgecrest
  • High School: Palos Verdes
  • Elementary School: Point Vicente
  • High School: Palos Verdes
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: POIVIC
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lot 10000-19999 Sqft, Park Nearby, Yard
  • Lot Size Sq Ft: 14957.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6706.02
  • Tax Lot: 92
  • Tax Tract Number: 25313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2017
Sold by
Gibson Stanley M and Gibson Elizabeth Barrowman
Bought by
Gibson Stanley M and Gibson Elizabeth Barrowman
Current Estimated Value
$3,392,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,732,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2017
Sold by
Gibson Stanley M and Gibson Elizabeth Barrowman
Bought by
Patel Mehul Suresh and Gandhi Ami Navin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,732,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2007
Sold by
Pegram Mark D and Ku Nora C
Bought by
Gibson Stanley M and Gibson Elizabeth Barrowman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,508,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2002
Sold by
Rudell Elliot A and Rudell Robyn T
Bought by
Pegram Mark D and Ku Nora C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$986,250
Interest Rate
6.24%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Trust Rudell Elliot A And Robyn T Trs Ru
Bought by
Rudell Elliot A and Rudell Robyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 1993
Sold by
Rudell Elliot A and Rudell Robyn T
Bought by
Rudell Elliot A and Rudell Robyn T
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
Gibson Stanley M -- Chicago
Patel Mehul Suresh $2,475,000 Chicago
Gibson Stanley M $2,155,000 Equity Title Company
Pegram Mark D $1,315,000 Lawyers Title Company
Rudell Elliot A -- Chicago Title Co
Rudell Elliot A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mehul Suresh $1,620,000
Closed Patel Mehul Suresh $1,625,000
Closed Patel Mehul Suresh $500,000
Previous Owner Patel Mehul Suresh $1,732,500
Previous Owner Gibson Stanley M $1,450,000
Previous Owner Gibson Stanley M $1,537,000
Previous Owner Gibson Stanley M $1,508,500
Previous Owner Pegram Mark D $986,250
Previous Owner Rudell Elliot A $884,000
Previous Owner Rudell Elliot A $300,000
Previous Owner Rudell Elliot A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $2,475,000 -1.0% $509 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $2,499,000 -- $514 / 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 $31,153 $2,816,123 $1,934,307 $881,816
2024 $31,153 $2,760,906 $1,896,380 $864,526
2023 $30,624 $2,706,772 $1,859,197 $847,575
2022 $29,054 $2,653,699 $1,822,743 $830,956
2021 $28,973 $2,601,666 $1,787,003 $814,663
2019 $27,690 $2,524,500 $1,734,000 $790,500
2018 $27,528 $2,475,000 $1,700,000 $775,000
2016 $24,211 $2,196,000 $1,430,300 $765,700
2015 $21,413 $1,913,000 $1,246,000 $667,000
2014 $21,507 $1,913,000 $1,246,000 $667,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17122540

California Regional Multiple Listing Service (CRMLS)

APN: 7581-010-006