NOT LISTED FOR SALE

4220 Miraleste Dr Rancho Palos Verdes, CA 90275

Estimated Value: $2,369,000 - $2,714,791

4 Beds
3 Baths
4,567 Sq Ft
$556/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $1,100,000 $241 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $15,242/month

147 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • No HOA
  • Mira Catalina Elementary School Rated A+
  • Bonus Room
  • 4 Car Attached Garage

About This Home

As of July 2014

This is a short sale and needs some TLC. The layout and view makes this home worth all the work.

Last Agent to Sell the Property

Michael Armendariz

LW Realty, Inc. License #01224378 Listed on: 07/31/2013

Last Buyer's Agent

Nickolas White

Seven Gables Real Estate License #01767819

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,937

Year Built

  • Built in 1956

Lot Details

  • 0.38

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Interior Spaces

  • 4,567 Sq Ft Home
  • Family Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Private Pool
  • 0.38 Acre Lot
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 8471
  • Assessor Parcel Number 7557014003

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,937

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7557014003
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4567.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 240.86
  • Room Type: Bonus Room

Exterior Features

  • View: Mountain(s), Ocean, Panoramic
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 16677.00
  • Lot Size Acres: 0.3830

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16677.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 8471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Jul 15, 2014
Sold by
Cherney Michael
Bought by
Kapoor Nikhil and Kapoor Nidhi
Seller's Agent
Michael Armendariz
LW Realty, Inc.
Buyer's Agent
Nickolas White
Seven Gables Real Estate
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Current Estimated Value
$2,538,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,438,448
Avg. Annual Appreciation
7.44%
Original Mortgage
$900,000
Outstanding Balance
$688,500
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,761,041

Purchase Details

Listed on
Jul 31, 2013
Closed on
Jun 5, 2014
Sold by
Cherney Ann
Bought by
Cherney Michael J
Seller's Agent
Michael Armendariz
LW Realty, Inc.
Buyer's Agent
Nickolas White
Seven Gables Real Estate
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$688,500
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,761,041

Purchase Details

Closed on
Feb 12, 2007
Sold by
Armendariz Yoanka
Bought by
Armendariz Walter

Purchase Details

Closed on
Dec 5, 2006
Sold by
Gordon Birda B and Bladon Darlene B
Bought by
Armendariz Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 17, 2003
Sold by
Gordon Birda B
Bought by
Gordon Birda B and Bladon Darlene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1999
Sold by
Uchibori Shugo and Uchibori Kiyoko
Bought by
Gordon Birda B and Bladon Darlene B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.75%

Purchase Details

Closed on
Mar 8, 1994
Sold by
Torres Julio M and Torres Celia M
Bought by
Uchibori Shugo and Uchibori Kiyoko

Purchase Details

Closed on
Aug 17, 1993
Sold by
Torres Celia M
Bought by
Torres Julio M and Torres Celia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.34%

Purchase Details

Closed on
Aug 2, 1993
Sold by
Torres Julio M
Bought by
Torres Celia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.34%
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
Kapoor Nikhil $1,200,000 First American Title Company
Cherney Michael J -- First American Title Company
Cherney Michael -- First American Title Company
Armendariz Walter -- First American Title Co
Armendariz Walter $2,100,000 First American Title Co
Gordon Birda B -- Southland Title Company
Gordon Birda B -- Southland Title Company
Gordon Birda B $750,000 Commonwealth Land Title Co
Uchibori Shugo $755,000 Provident Title Company
Torres Julio M -- --
Torres Celia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapoor Nikhil $900,000
Previous Owner Armendariz Walter $1,450,000
Previous Owner Gordon Birda B $110,000
Previous Owner Gordon Birda B $300,000
Previous Owner Gordon Birda B $175,000
Previous Owner Gordon Birda B $960,000
Previous Owner Gordon Birda B $87,000
Previous Owner Gordon Birda B $13,000
Previous Owner Gordon Birda B $900,000
Previous Owner Gordon Birda B $550,000
Previous Owner Torres Celia M $400,000
Closed Gordon Birda B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $1,100,000 -8.3% $241 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/11/2013 09/11/13 Price Changed $1,200,000 -7.7% $263 / Sq Ft
07/31/2013 07/31/13 For Sale $1,300,000 0.0% $285 / Sq Ft
07/31/2013 07/31/13 Price Changed $1,300,000 +18.2% $285 / Sq Ft
06/17/2013 06/17/13 Off Market $1,100,000 -- --
06/16/2013 06/16/13 For Sale $1,100,000 0.0% $241 / Sq Ft
06/03/2013 06/03/13 Off Market $1,100,000 -- --
06/01/2013 06/01/13 For Sale $1,100,000 0.0% $241 / Sq Ft
05/16/2013 05/16/13 Off Market $1,100,000 -- --
05/16/2013 05/16/13 For Sale $1,100,000 0.0% $241 / Sq Ft
05/03/2013 05/03/13 Off Market $1,100,000 -- --
05/01/2013 05/01/13 For Sale $1,100,000 -- $241 / 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 $16,937 $1,442,212 $936,478 $505,734
2024 $16,937 $1,413,934 $918,116 $495,818
2023 $16,658 $1,386,211 $900,114 $486,097
2022 $15,788 $1,359,031 $882,465 $476,566
2021 $15,714 $1,332,384 $865,162 $467,222
2019 $15,041 $1,292,866 $839,501 $453,365
2018 $14,813 $1,267,517 $823,041 $444,476
2016 $14,042 $1,218,299 $791,082 $427,217
2015 $14,032 $1,200,000 $779,200 $420,800
2014 $14,181 $1,208,000 $1,030,800 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13080320

California Regional Multiple Listing Service (CRMLS)

APN: 7557-014-003