NOT LISTED FOR SALE

Estimated Value: $2,119,840 - $2,644,000

4 Beds
3 Baths
2,830 Sq Ft
$882/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $1,605,000 $567 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $15,000/month

14 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • 0.32 Acre Lot
  • Dapplegray Elementary School Rated A+
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of January 2020

Large corner lot in a popular Montecillo neighborhood. Bright and open floor plan. Features 4 bedrooms, 3 bathrooms. TWO MASTERS - downstairs has three bedrooms, two bathrooms with one master bedroom. Upstairs is solely the Master Suite plus an office. Balcony off master suite overlook the large pool yard. 42 solar panels produce more than enough electricity for ultimate usage. New dual pane windows, new large sliding glass doors, new flooring and paint, new kitchen cabinets, counter tops, totally remodeled down stairs bathrooms, large walk in pantry......list goes on. Three car garage with epoxy floor. A bonus fitness room/dance studio next to garage for your private work out. A large pond with water fall to the side of the house gives a grand completion of this estate like home.

Last Agent to Sell the Property

Pinling Lin

CENTURY 21 EXPERIENCE License #01320979 Listed on: 11/29/2019

CENTURY 21 EXPERIENCE

Last Buyer's Agent

Mike Baker

Estate Properties License #00934330

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,367

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Front Yard
  • Density is 2-5 Units/Acre
  • Property is zoned RERA20000*

Parking

  • 3 Car Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Kitchen Island
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Waterfall Pool Feature
  • In Ground Spa

Schools

  • Dapplegray Elementary School
  • Miraleste Middle School
  • Palos Verdes Peninsula High School

Additional Features

  • Solar Power System
  • Balcony
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 25492
  • Assessor Parcel Number 7551032016

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,367

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: RERA20000*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7551032016
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2830.00 Square Feet
  • Interior Amenities: Balcony, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 567.14
  • Room Type: Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Self-Closing Drawers

Exterior Features

  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • Elementary School: Dapplegray
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Miraleste
  • Elementary School #2: DAPPLE
  • High School2: PAVEPE

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 13812.00
  • Lot Size Acres: 0.3171

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13812.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6702.01
  • Tax Lot: 20
  • Tax Tract Number: 25492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Jan 7, 2020
Sold by
Southern Country Re Investments Llc
Bought by
Tsai Chi Chi and Tsai Scholastica Wai Tong
Seller's Agent
Pinling Lin
CENTURY 21 EXPERIENCE
Buyer's Agent
Mike Baker
Estate Properties
List Price
$1,488,000
Sold Price
$1,605,000
Premium/Discount to List
$117,000
7.86%
Current Estimated Value
$2,497,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,210
Avg. Annual Appreciation
7.92%
Original Mortgage
$500,000
Outstanding Balance
$441,940
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$2,055,270

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 22, 2019
Sold by
Macharg Tara and Macharg Charles S
Bought by
Macharg Charles S
Seller's Agent
Merica Mackey
Mac Property Group
Buyer's Agent
Marilyn Hargleroad
Keller Williams OC Coastal Realty
List Price
$1,650,000
Sold Price
$1,180,000
Premium/Discount to List
-$470,000
-28.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.01%

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 12, 2019
Sold by
Macharg Ching Pyng
Bought by
Macharg Charles
Seller's Agent
Merica Mackey
Mac Property Group
Buyer's Agent
Marilyn Hargleroad
Keller Williams OC Coastal Realty
List Price
$1,650,000
Sold Price
$1,180,000
Premium/Discount to List
-$470,000
-28.48%

Purchase Details

Closed on
Nov 13, 2008
Sold by
Macharg Charles
Bought by
Macharg Charles

Purchase Details

Closed on
Nov 12, 2008
Sold by
Macharg Charles
Bought by
Macharg Charles S

Purchase Details

Closed on
Jun 24, 2005
Sold by
Macharg Tara
Bought by
Macharg Charles

Purchase Details

Closed on
Oct 21, 2003
Sold by
Macharg Charles
Bought by
Macharg Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1998
Sold by
Salzman David B and Salzman Linda S
Bought by
Macharg Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,500
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1996
Sold by
Salzman David B and Salzman Linda S
Bought by
Salzman David B

Purchase Details

Closed on
Jul 8, 1996
Sold by
Schiavo John S
Bought by
Salzman David B and Salzman Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.95%
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
Tsai Chi Chi $1,605,000 Wfg Title Company
Macharg Charles S -- Wfg National Title Company
Macharg Charles -- Wfg National Title Co Of Ca
Southern Country Real Estate Investment $1,180,000 Wfg National Title Co Of Ca
Macharg Charles -- None Available
Macharg Charles S -- None Available
Macharg Charles -- --
Macharg Tara -- Chicago Title Co
Macharg Charles $692,500 Equity Title Company
Salzman David B -- --
Salzman David B $625,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsai Chi Chi $500,000
Previous Owner Macharg Tara $495,000
Previous Owner Macharg Charles $392,500
Previous Owner Salzman David B $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2020 01/23/20 Sold $1,605,000 +7.9% $567 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
11/29/2019 11/29/19 For Sale $1,488,000 +26.1% $526 / Sq Ft
08/23/2019 08/23/19 Sold $1,180,000 -28.5% $417 / Sq Ft View Prior Sale
08/21/2019 08/21/19 Price Changed $1,650,000 0.0% $583 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $1,650,000 -- $583 / 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 $22,367 $1,981,932 $1,623,648 $358,284
2024 $22,367 $1,943,071 $1,591,812 $351,259
2023 $21,960 $1,904,972 $1,560,600 $344,372
2022 $18,427 $1,637,569 $1,310,056 $327,513
2021 $18,365 $1,605,461 $1,284,369 $321,092
2020 $13,745 $1,180,000 $944,000 $236,000
2019 $20,004 $1,012,613 $663,051 $349,562
2018 $19,827 $992,758 $650,050 $342,708
2016 $10,958 $954,209 $624,808 $329,401
2015 $10,846 $939,877 $615,423 $324,454
2014 $10,699 $921,467 $603,368 $318,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19273094

California Regional Multiple Listing Service (CRMLS)

APN: 7551-032-016