NOT LISTED FOR SALE

Estimated Value: $3,043,426 - $3,234,000

3 Beds
2 Baths
2,314 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $2,280,000 $985 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $19,100/month

53 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Montemalaga Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

As of December 2018

Amazing panoramic ocean views, coastline and Queen's necklace from most rooms! This is a tremendous opportunity to own a home in this incredible location with walking distance to local surf spots and beaches. The wonderful west facing back yard is a great place to relax or entertain family and friends. This home provides the opportunity for the right individual to create the home of their dreams.

Last Agent to Sell the Property

Alex Abad

Tower-60 License #01701311 Listed on: 09/17/2018

Last Buyer's Agent

Patricia Sullivan

Vista Sotheby's International Realty License #01462636

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,796

Year Built

  • Built in 1959

Lot Details

  • 6,427 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6886
  • Assessor Parcel Number 7540009004

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,796

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540009004
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2314.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 985.31
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Suite

Exterior Features

  • View: City Lights, Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6427.00
  • Lot Size Acres: 0.1475

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6427.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.24
  • Tax Lot: 4
  • Tax Tract Number: 6886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 28, 2018
Sold by
Woodcock Helen Bennett
Bought by
Zheng Lili
Seller's Agent
Alex Abad
Tower-60
Buyer's Agent
Patricia Sullivan
Vista Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,280,000
Premium/Discount to List
-$215,000
-8.62%
Current Estimated Value
$3,137,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,607
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 18, 2018
Sold by
Meehan Benedict
Bought by
Zheng Lili
Seller's Agent
Alex Abad
Tower-60
Buyer's Agent
Patricia Sullivan
Vista Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,280,000
Premium/Discount to List
-$215,000
-8.62%

Purchase Details

Closed on
Jun 23, 2000
Sold by
Bennett G C Jr And Mary S Trs
Bought by
Bennett Mary Stitt
Source: Public Records

Range of Values:

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Average Value
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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
Zheng Lili $2,280,000 North American Title
Zheng Lili -- North American Title
Bennett Mary Stitt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2018 12/12/18 Sold $2,280,000 -3.2% $985 / Sq Ft
10/25/2018 10/25/18 Price Changed $2,355,000 -5.6% $1,018 / Sq Ft
09/17/2018 09/17/18 For Sale $2,495,000 -- $1,078 / 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 $28,796 $2,543,377 $1,985,621 $557,756
2024 $28,796 $2,493,508 $1,946,688 $546,820
2023 $28,312 $2,444,617 $1,908,518 $536,099
2022 $26,896 $2,396,685 $1,871,097 $525,588
2021 $26,897 $2,349,692 $1,834,409 $515,283
2020 $26,535 $2,325,600 $1,815,600 $510,000
2019 $25,740 $2,280,000 $1,780,000 $500,000
2018 $3,582 $189,348 $99,739 $89,609
2016 $3,369 $181,997 $95,867 $86,130
2015 $3,323 $179,264 $94,427 $84,837
2014 $3,281 $175,754 $92,578 $83,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18226682

California Regional Multiple Listing Service (CRMLS)

APN: 7540-009-004