NOT LISTED FOR SALE

373 Palos Verdes Dr W Palos Verdes Estates, CA 90274

Estimated Value: $3,397,000 - $3,751,000

4 Beds
3 Baths
3,100 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $2,265,750 $731 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $21,771/month

68 Days on Market

Highlights

  • Ocean View
  • Spa
  • Ocean Side of Highway 1
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • 4-minute walk to Civic Center Park

About This Home

As of July 2012

Luxury, Charm, Views, Location, History... This stunningly remodeled vintage property has that rare combination of all the best, making it one of the absolute jewels of Malaga Cove. Breathtaking views span Pt. Mugu, Malibu, the Queen's Necklace and Santa Monica Mountains. Multiple indoor and outdoor living spaces make the house an Entertainer’s Dream, with 3 fireplaces, hard wood flooring throughout, and 22' cathedral beamed ceilings. Perched on the uppermost level is the Master Suite, overlooking the Pacific, with french doors opening to a wide ocean view balcony. The bright Master Bath includes skylights, dual sinks and a walk-in closet. In the gourmet Chef's Kitchen, find top of the line appliances, including a built in wine cooler, warming drawers, and Sub-Zero refrigerator. Step outside to enter the "Secret Garden", a place of serenity in a private and inspiring setting. Imagine a lifestyle where you can walk to the beach without crossing any major streets, or to charming Malaga Plaza for a casual morning coffee. Imagine easy access on and off the Peninsula by car, and access to some of the highest performing schools in the country. 373 P.V. Drive West; an exceptional property not to be missed. Featured in Better Homes & Gardens and on HGTV.

Last Agent to Sell the Property

Shawn Dugan

Strand Hill Properties License #01749343 Listed on: 04/02/2012

Last Buyer's Agent

Mike Diamond

Michael Diamond, Broker License #01768909

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,484

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,604 Sq Ft Lot
  • West Facing Home
  • Lot Sloped Down
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Bluff
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Garden Windows
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Cooktop
  • Warming Drawer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Spa Bath

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Spa
  • Ocean Side of Highway 1

Additional Features

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539012029

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,484

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Cell
  • Other Phone Number: 310-265-3428
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539012029
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3100.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Granite Counters, High Ceilings, Storage, Two Story Ceilings
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room, Gas, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 730.89
  • Room Type: Entry, Family Room, Master Suite, Walk-In Pantry, Walk-In Closet
  • Spa Features: Bath
  • Window Features: Garden Window(s), Skylight(s)

Exterior Features

  • Direction Faces: West
  • View: Bay, Bluff, City Lights, Coastline, Marina, Mountain(s), Ocean, Panoramic, Water
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Dishwasher, Freezer, Gas Cooking, Disposal, Ice Maker, Oven, Range, Refrigerator, Cooktop, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Individual Room, Stackable
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped Down, Lot 6500-9999, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinkler System, Yard
  • Lot Size Sq Ft: 6604.00
  • Lot Size Acres: 0.1520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6604.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 12, 2012
Sold by
Roy William J
Bought by
Cohen Jeffrey M and Cohen Frances S
Seller's Agent
Shawn Dugan
Strand Hill Properties
Buyer's Agent
Mike Diamond
Michael Diamond, Broker
List Price
$2,385,000
Sold Price
$2,265,750
Premium/Discount to List
-$119,250
-5%
Current Estimated Value
$3,520,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255,218
Avg. Annual Appreciation
3.42%
Original Mortgage
$1,698,750
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Link John S
Bought by
Roy William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,864,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2003
Sold by
Hall Lawrence and Hall Terry A
Bought by
Link John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1998
Sold by
Hall Lawrence F and Hall Terry A
Bought by
Hall Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1995
Sold by
Riviera Lend Lease Inc
Bought by
Hall Lawrence F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1994
Sold by
Wolfson Susan Mary
Bought by
Riviera Lend Lease Inc

Purchase Details

Closed on
Jan 31, 1994
Sold by
Wolfson Steven B
Bought by
Riviera Lend Lease Inc
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
Cohen Jeffrey M $2,266,000 Calcounties Title Nation
Roy William J $2,330,000 Progressive Title Company
Link John S $1,800,000 Equity Title
Hall Lawrence -- Stewart Title
Hall Lawrence F $575,000 Southern California Title Co
Hall Lawrence F $575,000 Southern California Title Co
Riviera Lend Lease Inc -- --
Riviera Lend Lease Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Jeffrey M $1,032,000
Closed Cohen Jeffrey M $1,627,500
Closed Cohen Jeffrey M $1,698,750
Previous Owner Roy William J $1,864,000
Previous Owner Link John S $1,350,000
Previous Owner Hall Lawrence $1,000,000
Previous Owner Hall Lawrence $1,050,000
Previous Owner Hall Lawrence F $452,000
Closed Link John S $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $2,265,750 -5.0% $731 / Sq Ft
06/09/2012 06/09/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $2,385,000 -- $769 / 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 $31,484 $2,790,408 $2,191,940 $598,468
2024 $31,484 $2,735,695 $2,148,961 $586,734
2023 $30,964 $2,682,055 $2,106,825 $575,230
2022 $29,414 $2,629,466 $2,065,515 $563,951
2021 $29,407 $2,577,909 $2,025,015 $552,894
2020 $29,011 $2,551,476 $2,004,251 $547,225
2019 $28,140 $2,501,448 $1,964,952 $536,496
2018 $28,026 $2,452,401 $1,926,424 $525,977
2016 $26,619 $2,357,172 $1,851,619 $505,553
2015 $26,345 $2,321,766 $1,823,806 $497,960
2014 $25,946 $2,276,287 $1,788,081 $488,206
Source: Public Records

Agents Affiliated with this Home

  • Shawn Dugan

    Seller's Agent in 2012

    Shawn Dugan

    Strand Hill Properties

    (310) 265-3428

    47 Total Sales

    Shawn Dugan
    Section Image

  • M

    Buyer's Agent in 2012

    Mike Diamond

    Michael Diamond, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12042355

California Regional Multiple Listing Service (CRMLS)

APN: 7539-012-029

California Los Angeles County Palos Verdes Estates 90274

373 Palos Verdes Dr W, Palos Verdes Estates, CA

This home is located at 373 Palos Verdes Dr W, Palos Verdes Estates, CA 90274 since 02 April 2012 and is currently estimated at $3,520,968, approximately $1,135 per square foot. This property was built in 1925. 373 Palos Verdes Dr W is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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