NOT LISTED FOR SALE

40 Via Porto Grande Rancho Palos Verdes, CA 90275

Estimated Value: $2,775,000 - $3,268,000

6 Beds
5 Baths
4,651 Sq Ft
$652/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $2,375,000 $511 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $18,622/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Fireplace in Primary Bedroom Retreat
  • Montemalaga Elementary School Rated A+
  • Updated Kitchen
  • Retreat

About This Home

As of October 2020

This beautiful estate boosts many custom features that will please the most selective buyers. Upon entry is a foyer with sweeping staircase and soaring ceilings. The spacious living room has a two-story ceiling. The formal dining room next to the living room and a large family room with all built ins open to the grassy backyard and the built in BBQ with the Gazebo. The recently completely upgraded gourmet kitchen has a large center island, commercial grade 6 burner range, and self-closing drawers and cabinets. All appliances are from the GE monogram series and are stainless steel. The breakfast nook gives you additional space to the island for prepping your meals. The luxury master suite has a large sitting area and fireplace, a huge master bath with a big jetted tub, separate shower, his and hers facilities, and a large walk-in closet. There are additional 3 bedrooms/1 bathroom on the upper level, one bedroom has its own en-suite bathroom and the bathroom has double sinks to share. On the main level, there are two additional bedrooms and one bathroom. one of the bedrooms has an en-suite bathroom which could be perfect for in-laws or a nanny quarter. The laundry room is very inviting and has ample storage space and folding possibility. The three car garage has a lot of storage cabinets.

Last Agent to Sell the Property

Dorothea Liebich

Century 21 Union Realty License #01428809 Listed on: 09/23/2020

Century 21 Union Realty

Last Buyer's Agent

Manjit Asrani

Premier Realty Associates License #01367172

Premier Realty Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,699

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 10,051 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System
  • Property is zoned RPRS10000*

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 4,651 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Convection Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Montemalaga Elementary School
  • Ridgecrest Middle School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585033005

Community Details

Overview

  • Scott Mgmt Association, Phone Number (310) 370-2696

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,699

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: RPRS10000*
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585033005
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4651.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 510.64
  • Room Type: Foyer, Kitchen, Laundry, Main Floor Bedroom, Master Bedroom, Master Suite, Retreat
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Soaking Tub, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Tankless Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 375.00
  • Association Fee Frequency: Quarterly
  • Association Name: Scott Mgmt
  • Phone: 310-370 2696
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Scott Mgmt

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Montemalaga
  • Middle School: Ridgecrest
  • Elementary School: Montemalaga
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: MONTEM

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 10051.00
  • Lot Size Acres: 0.2307
  • Latitude Manual: 33.76989000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10051.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 40
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Banka Gaurav and Banka Lori Prakash
Bought by
Banka Family Trust
Total Days on Market
3
Current Estimated Value
$3,034,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 7, 2020
Sold by
Ogundipe Dahlma Osborne
Bought by
Banka Gaurav and Banka Lori Prakash
Seller's Agent
Dorothea Liebich
Century 21 Union Realty
Buyer's Agent
Manjit Asrani
Premier Realty Associates
List Price
$2,299,000
Sold Price
$2,375,000
Premium/Discount to List
$76,000
3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$1,900,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 6, 2020
Sold by
Odin New Horizon Real Estate Fund Lp
Bought by
Osborne Ogundipe Dahlma
Seller's Agent
Dorothea Liebich
Century 21 Union Realty
Buyer's Agent
Manjit Asrani
Premier Realty Associates
List Price
$2,299,000
Sold Price
$2,375,000
Premium/Discount to List
$76,000
3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2014
Sold by
Ogundipe Dahlma
Bought by
Ogundipe Dahlme Osborne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2013
Sold by
Ogundipe O Anthony
Bought by
Ogundipe Dahlma

Purchase Details

Closed on
Apr 25, 1995
Sold by
Ogundipe Dahlma A Osborne
Bought by
Ogundipe O Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,900
Interest Rate
7.25%

Purchase Details

Closed on
Apr 11, 1995
Sold by
Lewis Homes Enterprises
Bought by
Ogundipe O Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,900
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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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
Banka Family Trust -- --
Banka Gaurav $2,375,000 Priority Title
Osborne Ogundipe Dahlma -- Priority Title
Ogundipe Dahlme Osborne -- Lawyers Title Company
Ogundipe Dahlma -- None Available
Ogundipe O Anthony -- Fidelity National Title Ins
Ogundipe O Anthony $844,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banka Gaurav $1,000,000
Previous Owner Banka Gaurav $1,900,000
Previous Owner Ogundipe Dahlme Osborne $892,000
Previous Owner Ogundipe Anthony O $800,000
Previous Owner Ogundipe O Anthony $343,660
Previous Owner Ogundipe O Anthony $410,000
Previous Owner Ogundipe O Anthony $510,000
Previous Owner Ogundipe O Anthony $580,000
Previous Owner Ogundipe O Anthony $632,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $2,375,000 +3.3% $511 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $2,299,000 -- $494 / 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
2024 $28,699 $2,520,367 $1,239,596 $1,280,771
2023 $28,205 $2,470,949 $1,215,291 $1,255,658
2022 $26,766 $2,422,500 $1,191,462 $1,231,038
2021 $26,683 $2,375,000 $1,168,100 $1,206,900
2019 $14,386 $1,256,759 $450,489 $806,270
2018 $14,217 $1,232,117 $441,656 $790,461
2016 $13,477 $1,184,274 $424,507 $759,767
2015 $13,433 $1,166,486 $418,131 $748,355
2014 $13,246 $1,143,637 $409,941 $733,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20176725

California Regional Multiple Listing Service (CRMLS)

APN: 7585-033-005