NOT LISTED FOR SALE

4120 Lorraine Rd Rancho Palos Verdes, CA 90275

Estimated Value: $2,530,000 - $3,218,000

5 Beds
5 Baths
4,406 Sq Ft
$643/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $2,370,000 $538 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $17,834/month

15 Days on Market

Highlights

  • Ocean View
  • Filtered Pool
  • Open Floorplan
  • Mira Catalina Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of April 2021

This kind of home rarely comes on the market, so don’t let it get away. Spectacular 5 bedroom 5 baths plus home office with panoramic views of the ocean, harbor and city lights. The Spanish villa is located in the Miraleste red tile section on a quiet flat tree-lined street. Welcome home to 4120 Lorraine Road. Enter through a courtyard perfect for al fresco dining and surrounded by lush landscaping. Secure inside this beautiful custom home, you’ll revel in the world’s quiet magnificence and yet you’ll feel a sense of command seeing it from the privilege of this exclusive vantage point. The house has walls of windows and doors, vaulted ceilings and loads of natural light. The tastefully remodeled kitchen features granite counters, center Island, Sub Zero frig and it all opens to the spacious dining room. The master bedroom suite opens to amazing views of the harbor and beyond from a private balcony. The backyard enjoys an oversized pool and spa surrounded by a Trex deck creating the ultimate party area. The lushly landscaped grounds enjoy fruit trees and parklike flat area perfect for the kids. Additional features include AC, gated front entrance, four fireplaces, 3000 bottle private wine cellar, solar panel system, and direct access three car garage with storage. Minutes away, you can enjoy a game of golf or dine at Terranea Resort. Or take a stroll through one of the many hiking trails, either way you are surrounded by the best of California coastal living.

Last Agent to Sell the Property

Jerry Yutronich

Estate Properties License #01218093 Listed on: 02/16/2021

Estate Properties

Last Buyer's Agent

Tuba Ghannadi

Estate Properties License #00922882

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,761

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Rural Setting
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned RPRS13000*

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Marina
  • Harbor
  • Panoramic
  • Views of Vincent Thomas Bridge
  • Bridge
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 4,406 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Brick Wall or Ceiling
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Roller Shields
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Living Room Balcony
  • Family or Dining Combination
  • Den with Fireplace
  • Library with Fireplace
  • Bonus Room
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • Retreat
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Dressing Area
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Pool

  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mira Catalina Elementary School
  • Miraleste Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Central Heating
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 4907
  • Tax Tract Number 8471
  • Assessor Parcel Number 7557013006

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,761

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: RPRS13000*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7557013006
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4406.00 Square Feet
  • Interior Amenities: Brick Walls, Built-in Features, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, In Family Room
  • Fireplace Features: Den, Family Room, Library, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 537.90
  • Room Type: Bonus Room, Den, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Retreat, Two Masters
  • Spa Features: Private, Heated, In Ground
  • Window Features: Roller Shields, Screens, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Granite Counters, Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Bridge(s), City Lights, Harbor, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Vincent Thomas Bridge
  • Patio And Porch Features: Covered
  • Pool Features: Private, Diving Board, Filtered, Heated
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Gas Oven, Gas Range, Gas Cooktop, Indoor Grill, Ice Maker, Refrigerator, Water Purifier
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Mira Catalina
  • Middle School: Miraleste
  • High School: Palos Verdes Peninsula
  • Elementary School: Mira Catalina
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Miraleste
  • Elementary School #2: MIRCAT
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lot 10000-19999 Sqft, Secluded, Sprinkler System, Yard
  • Lot Size Sq Ft: 14780.00
  • Lot Size Acres: 0.3393

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14780.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4907
  • Tax Census Tract: 6707.02
  • Tax Lot: 6
  • Tax Tract Number: 8471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 25, 2021
Sold by
Stolpman Thomas G and Stolpman Marilyn Heise
Bought by
Kleven Dane and Kleven Erica
Seller's Agent
Jerry Yutronich
Estate Properties
Buyer's Agent
Tuba Ghannadi
Estate Properties
List Price
$2,400,000
Sold Price
$2,370,000
Premium/Discount to List
-$30,000
-1.25%
Current Estimated Value
$2,833,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,074
Avg. Annual Appreciation
3.98%
Original Mortgage
$1,896,000
Outstanding Balance
$1,687,160
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,120,865

Purchase Details

Closed on
May 21, 2007
Sold by
Stolpman Thomas G and Stolpman Marilyn Heise
Bought by
Stolpman Thomas G and Stolpman Marilyn Heise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,179,392
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1994
Sold by
Stolpman Thomas G and Stolpman Marilyn H
Bought by
Stolpman Thomas G and Stolpman Marilyn Heise
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
Kleven Dane $2,370,000 Wfg National Title Company
Stolpman Thomas G -- North American Title Co
Stolpman Thomas G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kleven Dane M $158,460
Open Kleven Dane $1,896,000
Previous Owner Stolpman Thomas G $1,062,000
Previous Owner Stolpman Thomas G $1,179,392
Previous Owner Stolpman Thomas G $442,500
Previous Owner Stolpman Thomas G $1,267,500
Previous Owner Stolpman Thomas G $820,000
Previous Owner Stolpman Thomas G $621,000
Previous Owner Stolpman Thomas G $429,000
Previous Owner Stolpman Thomas G $500,000
Previous Owner Stolpman Thomas G $470,000
Previous Owner Stolpman Thomas G $465,000
Previous Owner Stolpman Thomas G $450,000
Previous Owner Stolpman Thomas G $605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $2,370,000 -1.3% $538 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $2,400,000 -- $545 / 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 $28,761 $2,565,363 $1,623,648 $941,715
2024 $28,761 $2,515,062 $1,591,812 $923,250
2023 $28,318 $2,465,748 $1,560,600 $905,148
2022 $26,835 $2,417,400 $1,530,000 $887,400
2021 $9,081 $720,465 $259,465 $461,000
2020 $8,957 $713,079 $256,805 $456,274
2019 $8,705 $699,098 $251,770 $447,328
2018 $8,479 $685,391 $246,834 $438,557
2016 $8,015 $658,778 $237,250 $421,528
2015 $8,048 $648,884 $233,687 $415,197
2014 $7,949 $636,174 $229,110 $407,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21032609

California Regional Multiple Listing Service (CRMLS)

APN: 7557-013-006