NOT LISTED FOR SALE

Estimated Value: $3,679,000 - $4,774,000

4 Beds
6 Baths
3,601 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $4,600,000 $1,277 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $24,478/month

132 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Fireplace in Primary Bedroom
  • Montemalaga Elementary School Rated A+
  • In Ground Spa
  • Private Yard

About This Home

As of June 2024

Located in desirable Lower Malaga Cove, this stunning home offers a blend of coastal elegance and modern luxury, with breathtaking ocean and coastline views. Carefully curated by designer Tom Stringer to include Indonesian Koa wood floors, Venetian plaster walls, Ann Sacks tile, Rose Tarlow light fixtures, 4 fireplaces and limestone details, the attention to quality is unsurpassed. Throughout the home, you'll find carefully sourced antique light fixtures and furniture pieces that add character and charm. The kitchen features a large marble island and two copper sinks. Perrin and Rowe fixtures, handblown glass pendants, Walker Zanger basketweave backsplash, 6-burner Thermador stove and built-in espresso machine appeal to the cooking enthusiast. Adjacent to the kitchen is a breakfast room surrounded by tall windows, allowing for abundant natural light and easy access to the private yard with a built-in BBQ and outdoor fireplace. The multi-level outdoor area has a spa with a natural waterfall, lounging area and Valencia orange trees. Also on the main level is a spacious office with built-in cabinetry, offering an inspiring workspace. Travertine balconies in the front of the home provide the perfect vantage point to take in the panoramic ocean and coastline views, while the custom ironwork adds a touch of artistry to the facade. The family room, complete with a stone fireplace and cabinetry to conceal audio-visual equipment, is the ideal space for relaxation and entertainment. Upstairs, the primary suite offers stunning coastline views, a fireplace and beamed ceilings. The ensuite bathroom boasts a soaking tub and stone mosaic details, while his and hers closets with luxury cabinetry provide ample organization. Perrin and Rowe plumbing fixtures, Waterworks light fixtures, stone clad shower and dual sinks give this space a spa-like feel. Three additional ensuite bedrooms on the upper level are finished with custom window coverings, romantic Juliet balconies, French doors and vaulted ceilings. The bathrooms feature Waterworks fittings, marble and stone flooring and luxurious cabinetry. On the lowest level, the three-car garage is equipped with an extra-large finished storage room with easy access as well as a bonus room that can be used as a workout space or office. Other features of this beautifully constructed home are coved ceilings, plastered-in vents, custom built closet linen armoire, built-in speakers, skylights, outdoor shower and gorgeous lighting.

Last Agent to Sell the Property

Brittney Austin

Vista Sotheby’s International Realty Brokerage Phone: 310-546-7611 License #01799654 Listed on: 11/03/2023

Vista Sotheby’s International Realty

Co-Listed By

Cari Corbalis

Vista Sotheby’s International Realty Brokerage Phone: 310-546-7611 License #00850678

Last Buyer's Agent

Sally Landerville

West Shores Realty, Inc. License #01198163

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,177

Year Built

  • Built in 1986

Lot Details

  • 6,726 Sq Ft Lot
  • Private Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Panoramic

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 3,601 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Gym
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Jack-and-Jill Bathroom

Outdoor Features

  • In Ground Spa
  • Fireplace in Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 22 / 1512
  • Tax Tract Number 6886
  • Assessor Parcel Number 7540009025

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,177

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540009025
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3601.00 Square Feet
  • Stories: 2
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 2
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1277.42
  • Room Type: Exercise Room, Jack & Jill
  • Spa Features: In Ground

Exterior Features

  • View: Ocean, Panoramic, Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6726.00
  • Lot Size Acres: 0.1544
  • Latitude Manual: 33.79966300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6726.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1512
  • Tax Census Tract: 6703.24
  • Tax Lot: 22
  • Tax Tract Number: 6886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
May 27, 2024
Sold by
Armour Living Trust and Armour John S
Bought by
Landerville Living Trust and Landerville
Seller's Agent
Brittney Austin
Vista Sotheby’s International Realty
Buyer's Agent
Sally Landerville
West Shores Realty, Inc.
List Price
$4,850,000
Sold Price
$4,600,000
Premium/Discount to List
-$250,000
-5.15%
Views
147
Current Estimated Value
$4,142,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$457,860
Avg. Annual Appreciation
-7.53%
Original Mortgage
$1,150,000
Outstanding Balance
$1,132,213
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$3,009,927

Purchase Details

Closed on
Oct 25, 2011
Sold by
Armour John S and Armour Laura L
Bought by
Armour John S and Armour Laura L

Purchase Details

Closed on
Jul 7, 2003
Sold by
Armour John S
Bought by
Armour John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Armour John S
Bought by
Armour John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2001
Sold by
Millican Wallace Harlan and Millican Carol Jean
Bought by
Armour John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1994
Sold by
Millican Wallace Harlan and Millican Carol J
Bought by
Millican Wallace Harlan
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
Landerville Living Trust $4,600,000 First American Title Insurance
Armour John S -- None Available
Armour John S -- Lawyers Title
Armour John S -- Lawyers Title
Armour John S -- Lawyers Title
Armour John S -- Landamerica Lawyers Title
Armour John S $1,700,000 Lawyers Title Company
Millican Wallace Harlan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landerville Living Trust $1,150,000
Previous Owner Armour John S $981,000
Previous Owner Armour John S $981,000
Previous Owner Armour John S $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $4,600,000 -3.2% $1,277 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $4,750,000 -2.1% $1,319 / Sq Ft
02/02/2024 02/02/24 Price Changed $4,850,000 0.0% $1,347 / Sq Ft
02/02/2024 02/02/24 For Sale $4,850,000 +5.4% $1,347 / Sq Ft
11/24/2023 11/24/23 Off Market $4,600,000 -- --
11/14/2023 11/14/23 Price Changed $4,950,000 -4.8% $1,375 / Sq Ft
11/03/2023 11/03/23 For Sale $5,200,000 -- $1,444 / 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 $29,177 $4,692,000 $3,590,400 $1,101,600
2024 $29,177 $2,495,333 $1,477,298 $1,018,035
2023 $28,617 $2,446,406 $1,448,332 $998,074
2022 $27,201 $2,398,438 $1,419,934 $978,504
2021 $27,191 $2,351,411 $1,392,093 $959,318
2020 $26,827 $2,327,301 $1,377,819 $949,482
2019 $26,032 $2,281,668 $1,350,803 $930,865
2018 $25,894 $2,236,930 $1,324,317 $912,613
2016 $24,581 $2,150,069 $1,272,893 $877,176
2015 $24,325 $2,117,773 $1,253,773 $864,000
2014 $23,957 $2,076,290 $1,229,214 $847,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23204542

California Regional Multiple Listing Service (CRMLS)

APN: 7540-009-025