Seller's Agent in 2019
Ed Kaminsky
eXp Realty of California, Inc
(310) 465-3993
27 in this area
504 Total Sales
51 Paseo Del la Luz Rancho Palos Verdes, CA 90275
Estimated Value: $6,818,508 - $7,677,000
6
Beds
8
Baths
7,841
Sq Ft
$923/Sq Ft
Est. Value
Highlights
- Ocean View
- Detached Guest House
- 24-Hour Security
- Mira Catalina Elementary School Rated A+
- Wine Cellar
- Filtered Pool
About This Home
As of April 2019The largest lot in the Oceanfront Estates community , this crown jewel estate enjoys ocean and Catalina views and is a short walk to the bluffs & parkland. Lush landscaping surrounds this almost 8,000 sqft home situated on a prime 32,000 sqft corner lot . A 5000 sqft courtyard, a feature that made this the original show home of this prestigious community. The main home is palatial, with sightlines from the entry that stretch to the horizon. Every detail is perfectly crafted. Hand-laid herringbone Brazilian walnut hardwood floors span the main floor. The chef’s kitchen boasts top-of-the-line appliances: 8-burner stove, 3 ovens & walk-in pantry. 2 large balconies off the formal living and dining room welcome sunset views. The approx. 2000 sqft master suite is a private sanctuary with fireplace, balcony & massive walk-in closet. The en-suite master bath transports you to the spa: walk-in shower, soaking tub & 2 large sink/vanity areas. Take the elevator down to the lower level which offers a lavish great room that is perfect for entertaining with a handcrafted cherry wood wet bar & wine cellar, 4 bedrooms, one used as gym with private bath & sauna, a dining room & a family room in the children’s wing. The expansive backyard features a sparkling 20 meter pool, spa, fire pit, custom bbq & large grassy area. Entertain guests in a 600 sqft detached 1 bed /1 bath guest house with study. This home also features a 3-car garage w/ storage, dual a/c, solar system & 24hr on site security.
Last Agent to Sell the Property
eXp Realty of California, Inc License #00958114 Listed on: 12/04/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $52,700
Year Built
- Built in 1999
Lot Details
- 0.74 Acre Lot
- Wrought Iron Fence
- Fence is in excellent condition
- Drip System Landscaping
- Corner Lot
- Level Lot
- Irregular Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Garden
- Back and Front Yard
- Property is zoned RPRS
HOA Fees
- $380 Monthly HOA Fees
Parking
- 3 Car Garage
- 1 Carport Space
- Three Garage Doors
- Auto Driveway Gate
- Driveway
- On-Street Parking
Property Views
- Ocean
- Catalina
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Tile Roof
- Copper Plumbing
Interior Spaces
- 7,841 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Central Vacuum
- Wired For Sound
- Built-In Features
- Bar
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace With Gas Starter
- Roller Shields
- Casement Windows
- Double Door Entry
- Sliding Doors
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Library
- Bonus Room with Fireplace
- Game Room
- Storage
- Utility Room
- Sauna
- Home Gym
- Center Hall
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Self-Cleaning Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Maid or Guest Quarters
- Makeup or Vanity Space
- Bidet
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Low Flow Toliet
- Soaking Tub
- Bathtub with Shower
- Separate Shower
- Low Flow Shower
- Exhaust Fan In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
- Laundry Chute
- Gas And Electric Dryer Hookup
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
- Doors swing in
- More Than Two Accessible Exits
- Accessible Parking
Eco-Friendly Details
- Solar Power System
- Solar owned by a third party
Pool
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
- Gunite Pool
- Gunite Spa
- Permits For Spa
- Permits for Pool
Outdoor Features
- Living Room Balcony
- Concrete Porch or Patio
- Fire Pit
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- High Efficiency Air Conditioning
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Underground Utilities
- 220 Volts For Spa
- 220 Volts in Garage
- 220 Volts in Kitchen
- Natural Gas Connected
- ENERGY STAR Qualified Water Heater
- Gas Water Heater
- Phone Available
- Phone System
- Cable TV Available
Additional Features
- Detached Guest House
- Suburban Location
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 46628
- Assessor Parcel Number 7582003023
Community Details
Overview
- Oceanfront Estates HOA, Phone Number (310) 972-9999
Additional Features
- Laundry Facilities
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2024
Sold by
Lim Sung T
Bought by
Lim Family Trust and Lim
Current Estimated Value
Purchase Details
Listed on
Dec 4, 2018
Closed on
Mar 14, 2019
Sold by
Kapur Puneet and Kapur Arti
Bought by
Lim Sung T
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Anthony Puma
eXp Realty of California Inc
List Price
$5,200,000
Sold Price
$4,300,000
Premium/Discount to List
-$900,000
-17.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$3,225,000
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 4, 2013
Closed on
Jan 2, 2014
Sold by
Conkling Fred and Conkling Patricia
Bought by
Kapur Puneet and Kapur Arti
Seller's Agent
John Capellaro
Keller Williams Beach Cities
Buyer's Agent
Sholeh Yarjani
Berkshire Hathaway HomeService
List Price
$6,559,000
Sold Price
$5,400,000
Premium/Discount to List
-$1,159,000
-17.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.29%
Original Mortgage
$2,970,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 24, 2008
Sold by
Conkling Frida
Bought by
Conkling Fred
Purchase Details
Closed on
Apr 14, 2008
Sold by
Mcnair David R and Mcnair Mata Atua T
Bought by
Conkling Fred and Conkling Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 22, 2004
Sold by
Mcnair David R and Mcnair Mata Atua T
Bought by
Mcnair David R and Mcnair Mata Atua T
Purchase Details
Closed on
Aug 5, 2003
Sold by
Makallon Rpv Associates Llc
Bought by
Mcnair David R and Mcnair Mata Atua T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Lim Family Trust | -- | None Listed On Document | |
| Lim Sung T | $4,300,000 | Lawyers Title Company | |
| Kapur Puneet | $5,400,000 | Progressive | |
| Conkling Fred | -- | Progressive Title Company | |
| Conkling Fred | $4,725,000 | Progressive Title Company | |
| Mcnair David R | -- | -- | |
| Mcnair David R | $4,325,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lim Family Trust | $500,000 | |
| Previous Owner | Lim Sung T | $3,000,000 | |
| Previous Owner | Lim Sung T | $3,205,000 | |
| Previous Owner | Lim Sung T | $3,225,000 | |
| Previous Owner | Kapur Puneet | $2,950,000 | |
| Previous Owner | Kapur Puneet | $2,970,000 | |
| Previous Owner | Conkling Fred | $3,000,000 | |
| Previous Owner | Mcnair David R | $2,500,000 | |
| Closed | Mcnair David R | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2019 04/10/19 | Sold | $4,300,000 | -11.3% | $548 / Sq Ft |
| 03/01/2019 03/01/19 | Pending | -- | -- | -- |
| 02/24/2019 02/24/19 | Price Changed | $4,850,000 | -6.7% | $619 / Sq Ft |
| 12/04/2018 12/04/18 | For Sale | $5,200,000 | -3.7% | $663 / Sq Ft |
| 01/28/2014 01/28/14 | Sold | $5,400,000 | -17.7% | $701 / Sq Ft |
| 12/12/2013 12/12/13 | Pending | -- | -- | -- |
| 07/04/2013 07/04/13 | For Sale | $6,559,000 | -- | $852 / 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 | $52,700 | $4,796,728 | $2,788,796 | $2,007,932 |
| 2024 | $52,700 | $4,702,675 | $2,734,114 | $1,968,561 |
| 2023 | $51,882 | $4,610,466 | $2,680,504 | $1,929,962 |
| 2022 | $49,222 | $4,520,066 | $2,627,946 | $1,892,120 |
| 2021 | $49,093 | $4,431,438 | $2,576,418 | $1,855,020 |
| 2019 | $64,152 | $5,934,152 | $3,296,752 | $2,637,400 |
| 2018 | $63,652 | $5,817,797 | $3,232,110 | $2,585,687 |
| 2016 | $60,453 | $5,591,887 | $3,106,604 | $2,485,283 |
| 2015 | $60,069 | $5,507,892 | $3,059,940 | $2,447,952 |
| 2014 | $45,380 | $4,114,000 | $2,372,600 | $1,741,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Kaminsky
-
Anthony Puma
Buyer's Agent in 2019
Anthony Puma
eXp Realty of California Inc
(310) 800-7862
9 in this area
61 Total Sales
-
Bill Davis
B
Buyer Co-Listing Agent in 2019
Bill Davis
RE/MAX
(310) 920-8812
14 in this area
73 Total Sales
-
J
Seller's Agent in 2014
John Capellaro
Keller Williams Beach Cities
-
Sholeh Yarjani
S
Buyer's Agent in 2014
Sholeh Yarjani
Berkshire Hathaway HomeService
(310) 704-1561
1 in this area
5 Total Sales
-
T
Buyer Co-Listing Agent in 2014
Tim Foley
Berkshire Hathaway HomeService
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18286891
APN: 7582-003-023
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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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