NOT LISTED FOR SALE

32705 Via Palacio Rancho Palos Verdes, CA 90275

Estimated Value: $2,637,000 - $3,384,000

4 Beds
5 Baths
4,705 Sq Ft
$603/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $1,828,000 $389 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $16,608/month

46 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Point Vicente Elementary School Rated A+
  • Peek-A-Boo Views
  • 4-minute walk to Vanderlip Park

About This Home

As of October 2016

Welcome to the Palace of Palacio! Behold this jewel with its pendant lot placement and many appointments including majestic vaulted ceilings, marble floors, bright Gourmet kitchen and Magnificent Master Suite. It is just steps from the ocean bluffs, community pool, tennis court, and Terranea Resort. This is the largest model at Vista Pacifica with 4705 sf of living space, 4 bedrooms, 5 bathrooms, 4 marble fireplaces, 2 master suites, one on each floor, central vacuum system, air conditioning, security system and 3 Car Garage. The Gourmet kitchen includes a large pantry, center island, Tibetan Green Granite counters, and high end appliances including Sub-Zero, Miele, Bosch and Gaggenau. There are 2 custom wet bars, 1 on each level, made with African Mahogany wood. Downstairs is a second family/media room with access to a lovely, private backyard. The amazing master suite has a gorgeous marble fireplace, office and 2 walk-in closets. The master bath has a 2 person jetted tub & large shower, two separate sinks with gorgeous African Apple Wood cabinets and stunning marble counters, heated floors and 2 toilets. See supplement for a complete detail of property features. It is located within the award-winning PV Schools. Do not delay! Make this Your Home Today!

Last Agent to Sell the Property

Janet Stearns

Compass License #01851243 Listed on: 07/31/2016

Compass

Co-Listed By

Cameron Stearns

Compass License #01920602

Last Buyer's Agent

Crystal Chen

Crystal Real Estate License #01428445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,661

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 5,381 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

HOA Fees

  • $275 Monthly HOA Fees

Parking

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

Home Design

  • Turnkey
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 4,705 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Track Lighting
  • Shutters
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Electric Oven
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 39673
  • Assessor Parcel Number 7573017059

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,661

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$275 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7573017059
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4705.00
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Granite Counters, Stone Counters, Track Lighting, Vacuum Central, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Bonus Room, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 388.52
  • Room Type: Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Shutters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Electric Oven, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Corner Lot, Planned Unit Development, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 5381.00
  • Price Per Lot Square Foot: 352.91
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5381.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 39673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Liu Family Trust
Bought by
Liu James and Zhang Limin
Current Estimated Value
$2,622,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2023
Sold by
Liu James
Bought by
Liu Family Trust and Liu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2016
Closed on
Sep 20, 2016
Sold by
Schaeffer Robert C
Bought by
Liu James
Seller's Agent
Janet Stearns
Compass
Buyer's Agent
Crystal Chen
Crystal Real Estate
List Price
$1,899,000
Sold Price
$1,828,000
Premium/Discount to List
-$71,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,080,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2015
Sold by
Schaeffer Robert C
Bought by
Schaeffer Family 1993 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2009
Sold by
Schaeffer Robert C
Bought by
Schaeffer Robert C and Schaeffer Beya N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Schaeffer Robert C
Bought by
Schaeffer Robert C and Schaeffer Beya N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.95%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Schaeffer Robert C
Bought by
Schaeffer Robert C and Schaeffer Beya N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Schaeffer Robert
Bought by
Schaeffer Robert C and Schaeffer Beya N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Liu James -- Provident Title Company
Liu Family Trust -- None Listed On Document
Liu James $1,828,000 Progressive Title Company
Schaeffer Family 1993 Trust -- None Available
Schaeffer Robert C -- Wrt
Schaeffer Robert C -- Fidelity National Title Co
Schaeffer Robert C -- First American Title Co
Schaeffer Robert C -- First American Title Co
Schaeffer Robert C -- Lawyers Title
Schaeffer Robert C -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu James $570,000
Previous Owner Liu James $1,080,000
Previous Owner Schaeffer Robert C $304,000
Previous Owner Schaeffer Robert C $375,000
Previous Owner Schaeffer Robert C $428,000
Previous Owner Schaeffer Robert C $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $1,828,000 -3.7% $389 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $1,899,000 -- $404 / 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 $23,661 $2,121,544 $1,180,893 $940,651
2024 $23,661 $2,079,946 $1,157,739 $922,207
2023 $23,334 $2,039,164 $1,135,039 $904,125
2022 $22,144 $1,999,182 $1,112,784 $886,398
2021 $22,064 $1,959,983 $1,090,965 $869,018
2019 $21,091 $1,901,851 $1,058,607 $843,244
2018 $20,969 $1,864,560 $1,037,850 $826,710
2016 $9,694 $824,617 $115,433 $709,184
2015 $9,671 $812,232 $113,700 $698,532
2014 $9,469 $796,322 $111,473 $684,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16167140

California Regional Multiple Listing Service (CRMLS)

APN: 7573-017-059