NOT LISTED FOR SALE

Estimated Value: $2,685,000 - $3,225,000

5 Beds
7 Baths
4,015 Sq Ft
$748/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $1,550,000 $386 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $17,573/month

41 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Wood Flooring
  • Rancho Vista Elementary School Rated A+
  • City Lights View
  • Main Floor Primary Bedroom

About This Home

As of November 2015

Price to Sell, this bright and airy modern house is highly functional with living enjoyment in mind. Only the garage foundation is left from the original structure; everything else was rebuilt & the lot was re-graded in 1993. All 5 bedrooms are suites with its own bathroom, closet system and custom shades/draperies. Most of the house has 12 feet ceiling, while the living room has a 14 feet coffered ceiling. Gourmet kitchen has granite countertops & backsplash, built-in appliances, Subzero refrigerator, custom cabinets, 2 full size sinks, one regular gas range and one wok range with deep fryer. The family room has a marble fireplace, wet bar and an 1800+ bottle temperature controlled wine cellar. There is a separate office/study in the house, and each level has its own powder room. In addition, the laundry room has a large storage room on the side. Built-in security alarm, hard wired smoke detectors and wired for sound system (including the backyard). All doors are 8 feet solid wood doors. Ample use of glass & windows, skylights, recessed lights, hardwood floor, marble tiles and plush carpet throughout. Great curb appeal in the front. Grassy backyard with all sorts of fruit trees behind. Must see to appreciate all the well-thought features of this house.

Last Agent to Sell the Property

Stephen Haw

Keller Williams Palos Verdes License #00808646 Listed on: 08/21/2015

Keller Williams Palos Verdes

Last Buyer's Agent

Albert Hanna

Alt Financial Network Inc License #00926155

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,597

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 8,682 Sq Ft Lot
  • Landscaped
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Combination Foundation
  • Concrete Roof

Interior Spaces

  • 4,015 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Coffered Ceiling
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Water Purifier

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 15468
  • Assessor Parcel Number 7546002008

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,597

Year Built

Built in 1993 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7546002008
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4015.00
  • Interior Amenities: Coffered Ceiling(s), Granite Counters, High Ceilings, Recessed Lighting, Wired for Sound, Sunken Living Room, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 386.05
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Wine Cellar
  • Window Features: Custom Covering, Drapes, Double Pane Windows, Screens, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • View: City Lights
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Water Purifier
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Front Yard, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 8682.00
  • Price Per Lot Square Foot: 178.53
  • Lot Size Acres: 0.1990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8682.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 15468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Oct 2, 2015
Sold by
Chan Olivia
Bought by
Elias Michael and Elias Lydia
Seller's Agent
Stephen Haw
Keller Williams Palos Verdes
Buyer's Agent
Albert Hanna
Alt Financial Network Inc
List Price
$1,675,000
Sold Price
$1,550,000
Premium/Discount to List
-$125,000
-7.46%
Current Estimated Value
$3,002,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,452,670
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,240,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elias Michael $1,550,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Michael $1,425,000
Closed Elias Michael $165,000
Closed Elias Michael $1,240,000
Previous Owner Chan Joseph $538,600
Previous Owner Chan Joseph $200,000
Previous Owner Chan Joseph $590,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $1,550,000 -7.5% $386 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $1,675,000 -- $417 / 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 $20,597 $1,834,879 $1,185,925 $648,954
2024 $20,597 $1,798,902 $1,162,672 $636,230
2023 $20,215 $1,763,630 $1,139,875 $623,755
2022 $19,184 $1,729,050 $1,117,525 $611,525
2021 $19,115 $1,695,148 $1,095,613 $599,535
2020 $18,847 $1,677,767 $1,084,379 $593,388
2019 $18,267 $1,644,870 $1,063,117 $581,753
2018 $18,125 $1,612,619 $1,042,272 $570,347
2016 $17,187 $1,550,000 $1,001,800 $548,200
2015 $14,889 $1,364,151 $907,161 $456,990
2014 $14,678 $1,337,430 $889,391 $448,039
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15185602

California Regional Multiple Listing Service (CRMLS)

APN: 7546-002-008