Seller's Agent in 2023
Terry Niemann
Terranea Real Estate
(310) 427-4411
6 in this area
33 Total Sales
5 Via Porto Grande Rancho Palos Verdes, CA 90275
Estimated Value: $2,891,000 - $3,439,000
5
Beds
5.5
Baths
4,189
Sq Ft
$736/Sq Ft
Est. Value
Highlights
- Heated Spa
- Primary Bedroom Suite
- Fireplace in Primary Bedroom Retreat
- Montemalaga Elementary School Rated A+
- Open Floorplan
- Wood Flooring
About This Home
As of April 2023Gracious, beautifully maintained executive home in Wallace Ranch, one of the most sought-after locations on the Palos Verdes Peninsula, is now available to the discerning buyer: light, bright, elegant and classy without being stuffy. CORNER LOT. This is the home where you will enjoy entertaining family and friends inside and outside - with fresh landscaping, a pergola & patio sitting area with ceiling fans and heaters, a custom built-in barbecue & fireplace, Jacuzzi-type hot tub and manicured lawn. MAIN LEVEL: Welcoming double-door entry with a wide, two-story foyer. A formal dining room plus a separate formal living room with a fireplace and door opening to the back yard will make your home the perfect place for celebrating holidays and special occasions. The kitchen and family rooms are where you'll want to gather, with its kitchen island & counter, breakfast nook, wet bar and TV above the fireplace in the family room. Just open the new sliding door in the breakfast nook to enjoy the outside patio and sitting area, BBQ, hot tub and grassy backyard. One full bedroom suite is on the main floor. The laundry room with plenty of storage, is conveniently located at the entry to the garage. UPSTAIRS: A graceful, curved staircase with pretty windows off the foyer leads to the upper level. Double doors open to the luxurious and spacious upstairs master suite, with a fireplace, wet bar, serene sitting area with a little balcony, two separate vanity areas, separate tub and shower, two separate private toilet areas, plus walk-in-closets. A large, light and bright hallway leads to the other three upstairs bedrooms. Two of the bedrooms share a Jack & Jill bathroom, the other bedroom is ensuite with its own balcony, walk-in closet and full bathroom. Recent upgrades include new landscaping, hardscape & irrigation system, fresh paint, new drapes, blinds and shutters, new garage floor, two new Renewal by Anderson sliding doors, new fireplace logs & screen, new security system with cameras, new washer, dryer and refrigerator. This neighborhood is truly a convenient "top of the hill" location as it is close to great schools, parks and shopping. Come see this gorgeous turnkey home while you can.
Last Agent to Sell the Property
Terranea Real Estate License #01909111 Listed on: 01/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,929
Year Built
- Built in 1990
Lot Details
- 0.25 Acre Lot
- Cul-De-Sac
- Wood Fence
- Stucco Fence
- Fence is in excellent condition
- Landscaped
- Corner Lot
- Sprinkler System
- Back and Front Yard
- Density is 2-5 Units/Acre
- Property is zoned RPRS10000*
HOA Fees
- $178 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Garage Door Opener
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 4,189 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- High Ceiling
- Recessed Lighting
- Plantation Shutters
- Drapes & Rods
- Blinds
- Casement Windows
- Double Door Entry
- French Doors
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Center Hall
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Double Convection Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Mirrored Closets Doors
- Jack-and-Jill Bathroom
- In-Law or Guest Suite
- Bathroom on Main Level
- Tile Bathroom Countertop
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
Pool
- Heated Spa
- Above Ground Spa
Outdoor Features
- Balcony
- Fireplace in Patio
- Open Patio
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Monte Malaga Elementary School
- Ridgecrest Middle School
- Palos Verdes Peninsula High School
Utilities
- Central Heating and Cooling System
- 220 Volts in Garage
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 44514
- Assessor Parcel Number 7585013047
Community Details
Overview
- Wallace Ranch Association, Phone Number (310) 370-2696
- Scott Management HOA
Recreation
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2023
Closed on
Mar 22, 2023
Sold by
Alegria 5 Via Porto Grande Trust
Bought by
Sundaresan Siddarth and Sundaresan Siddarth Rathi
Seller's Agent
Terry Niemann
Terranea Real Estate
Buyer's Agent
Bhavna Kumar
Real Broker
List Price
$2,725,000
Sold Price
$2,680,000
Premium/Discount to List
-$45,000
-1.65%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,490
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,550,000
Outstanding Balance
$1,502,978
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,578,512
Purchase Details
Listed on
Oct 3, 2020
Closed on
Dec 18, 2020
Sold by
Magnum Property Investments Llc
Bought by
Alegria 5 Via Porto Grande Trust and Alegria
Seller's Agent
Dorothea Liebich
Century 21 Union Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,150,000
Sold Price
$2,100,000
Premium/Discount to List
-$50,000
-2.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Purchase Details
Closed on
Jan 14, 2020
Sold by
Durroh James D
Bought by
Magnum Property Investments Llc
Purchase Details
Closed on
Apr 19, 2000
Sold by
Wu Tzu M and Wu Wen C
Bought by
Durroh James D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
8.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sundaresan Siddarth | $2,680,000 | First American Title Insurance | |
| Alegria 5 Via Porto Grande Trust | $2,100,000 | Fidelity National Title | |
| Magnum Property Investments Llc | $1,630,000 | Title365 | |
| Durroh James D | $965,000 | Continental Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sundaresan Siddarth | $1,550,000 | |
| Previous Owner | Durroh James D | $675,000 | |
| Closed | Durroh James D | $193,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2023 04/03/23 | Sold | $2,680,000 | -1.7% | $640 / Sq Ft | |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- | |
| 01/31/2023 01/31/23 | For Sale | $2,725,000 | +29.8% | $651 / Sq Ft | |
| 12/24/2020 12/24/20 | Sold | $2,100,000 | -1.2% | $501 / Sq Ft | View Prior Sale |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- | |
| 12/01/2020 12/01/20 | Price Changed | $2,125,000 | -1.2% | $507 / Sq Ft | |
| 11/09/2020 11/09/20 | For Sale | $2,150,000 | 0.0% | $513 / Sq Ft | |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- | |
| 10/03/2020 10/03/20 | For Sale | $2,150,000 | -- | $513 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $30,929 | $2,788,271 | $1,758,588 | $1,029,683 |
| 2024 | $30,929 | $2,733,600 | $1,724,106 | $1,009,494 |
| 2023 | $25,019 | $2,184,839 | $1,327,446 | $857,393 |
| 2022 | $23,743 | $2,142,000 | $1,301,418 | $840,582 |
| 2021 | $23,666 | $2,100,000 | $1,275,900 | $824,100 |
| 2020 | $15,628 | $1,356,177 | $688,772 | $667,405 |
| 2019 | $15,157 | $1,329,586 | $675,267 | $654,319 |
| 2018 | $15,036 | $1,303,517 | $662,027 | $641,490 |
| 2016 | $14,265 | $1,252,902 | $636,321 | $616,581 |
| 2015 | $14,222 | $1,234,083 | $626,763 | $607,320 |
| 2014 | $14,025 | $1,209,910 | $614,486 | $595,424 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Niemann
-
Bhavna Kumar
Buyer's Agent in 2023
Bhavna Kumar
Real Broker
(949) 433-3825
1 in this area
26 Total Sales
-
Dorothea Liebich
Seller's Agent in 2020
Dorothea Liebich
Century 21 Union Realty
(310) 326-8100
10 in this area
13 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2020
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
5,977 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV23010485
APN: 7585-013-047
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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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