$2,200,000
SOLD DEC 14, 2017

51 Via Costa Verde Rancho Palos Verdes, CA 90275

5 Beds
4.5 Baths
4,632 Sq Ft
0.28 Acres

Recently Sold

$475 Per Sq Ft

1% Below List Price

71 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Deck
  • Montemalaga Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Retreat

About This Home

As of June 2022

This unique Wallace Ranch Mediterranean mansion is designed for gracious comfort and grand entertaining. Updated throughout with exceptionally beautiful materials and finishes, it has a lovely floorplan and flow for indoor-outdoor living. A gleaming entry with marble floor and grand staircase opens to the formal living room, with high ceilings, glossy hardwood floors, a carved stone fireplace and majestic views to the tranquil backyard. Magnificent French-European décor features handcrafted moldings, sparkling chandeliers, and gorgeous custom cabinetry. There is a spacious formal dining room and a family room with a wet bar and fireplace. The dramatic kitchen features granite countertops, custom cabinets, double ovens, warming drawers, built-in microwave and refrigerator, and a large, bright breakfast area. There is one bedroom and a full bath on the main level. Upstairs is a library/media room, three family bedrooms, and a grand master suite with a fireplace, private sitting area/office, balcony overlooking the pool, and a sumptuous bath with marble spa tub and countertops. Mature landscaping is impeccably maintained, from the welcoming entry to the lush and spacious rear yard, which includes a salt water pool, spa, exercise pool, meditation garden, fountain, waterfall, and built-in kitchen/barbecue area ideal for entertaining. The home also has an exercise room, laundry room, abundant storage space, and a 3-car garage. This is Rancho Palos Verdes living at its finest.

Last Agent to Sell the Property

Suzie Choi Caro

Estate Properties License #00935665 Listed on: 09/10/2017

Estate Properties

Last Buyer's Agent

Scott Nollner

Simonetti & Associates License #01373935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,246

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 4,632 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Home Gym
  • Pool Views
  • Fire and Smoke Detector
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Wallace Ranch HOA, Phone Number (310) 370-2696

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585033024

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,246

Year Built

Built in 1990

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585033024
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4632.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 474.96
  • Room Type: Attic, Bonus Room, Dressing Area, Entry, Exercise Room, Family Room, Jack & Jill, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Retreat, Walk-In Closet
  • Window Features: Blinds, Custom Covering, Drapes, Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Pool
  • Patio And Porch Features: Deck
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Clay

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Quarterly
  • Association Fee: 370.00
  • Association Fee Frequency: Quarterly
  • Association Name: Wallace Ranch HOA
  • Phone: 310 370 2696
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 12414.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 182
  • Number Of Units Total: 182

Tax Info

  • Tax Lot: 56
  • Tax Tract: WALLACE RANCH
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2018
Sold by
Yamamori Makiko
Bought by
Yamamori Makiko

Purchase Details

Listed on
Sep 10, 2017
Closed on
Dec 7, 2017
Sold by
Basic Mario and Mackovic Basic Miriam
Bought by
Yamamori Mariko
Seller's Agent
Suzie Choi Caro
Estate Properties
Buyer's Agent
Scott Nollner
Simonetti & Associates
List Price
$2,218,000
Sold Price
$2,200,000
Premium/Discount to List
-$18,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Aug 11, 2003
Sold by
Han Kiu Sik and Han Eun Joo
Bought by
Basic Mario and Mackovic Basic Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,200,000 Progressive Title Company
Grant Deed $1,480,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Credit Line Revolving
Previous Owner $1,100,000 Purchase Money Mortgage
Previous Owner $649,999 Unknown
Closed $84,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $4,198,000 -3.5% $887 / Sq Ft
04/21/2025 04/21/25 For Sale $4,350,000 +11.5% $919 / Sq Ft
06/22/2022 06/22/22 Sold $3,900,000 +5.5% $824 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $3,695,000 +68.0% $781 / Sq Ft
12/14/2017 12/14/17 Sold $2,200,000 -0.8% $475 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $2,218,000 +0.8% $479 / Sq Ft
10/13/2017 10/13/17 Off Market $2,200,000 -- --
10/02/2017 10/02/17 Price Changed $2,218,000 -3.1% $479 / Sq Ft
09/10/2017 09/10/17 For Sale $2,288,000 -- $494 / 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
2024 $45,246 $4,057,560 $3,043,170 $1,014,390
2023 $44,601 $3,978,000 $2,983,500 $994,500
2022 $26,102 $2,358,841 $1,031,349 $1,327,492
2021 $26,019 $2,312,590 $1,011,127 $1,301,463
2019 $24,874 $2,244,000 $981,138 $1,262,862
2018 $24,692 $2,200,000 $961,900 $1,238,100
2017 $20,834 $1,851,477 $836,349 $1,015,128
2016 $20,191 $1,815,174 $819,950 $995,224
2015 $20,152 $1,787,909 $807,634 $980,275
2014 $19,813 $1,752,887 $791,814 $961,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17090198

California Regional Multiple Listing Service (CRMLS)

APN: 7585-033-024