$1,400,000
SOLD JUL 16, 2014

544 Via Del Monte Palos Verdes Estates, CA 90274

3 Beds
2.5 Baths
2,494 Sq Ft
0.28 Acres

Recently Sold

$561 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • No HOA
  • Montemalaga Elementary School Rated A+
  • Mediterranean Architecture
  • 5-minute walk to Civic Center Park

About This Home

As of October 2023

This residence has immense potential for an investor or a buyer looking to create their family dream home. The home features an expansive lot that extends upwards and has beautiful ocean views from multiple areas of the property with the woods behind it. The residence features a great layout with big views of the famed 'Queens Necklace' of the ocean and city from almost every room of the home. Simply update the interior or remodel completely to create the house of your dreams! This home is located in an ideal location within walking distance to Malaga Cove Plaza and “Concerts in the Park.” If you can dream it, you can do it with this property! You won’t want to miss out on this home with so much stunning potential.

Last Agent to Sell the Property

Nicholas Phillips

Compass License #01742107 Listed on: 06/02/2014

Compass

Last Buyer's Agent

Jeff Whyld

JW Associates License #01298085

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,697

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Fixer Upper
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,494 Sq Ft Home
  • Wet Bar
  • Wainscoting
  • Wood Burning Fireplace
  • French Mullion Window
  • Casement Windows
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Game Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 6703
  • Assessor Parcel Number 7539027026

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,697

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539027026
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2494.00
  • Interior Amenities: Wainscoting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Game Room, Living Room, Wood Burning
  • Levels: Multi/Split
  • Price Per Square Foot: 561.35
  • Room Type: Family Room, Living Room, Master Suite
  • Window Features: Casement Windows, French/Mullioned

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 12154.00
  • Lot Size Acres: 0.2790

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12154.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 6703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 8, 2023
Sold by
Molina Family Trust
Bought by
Mcnatt Mark G and Hu Ruomu
Seller's Agent
Mark Stoll
Vista Sotheby's International Realty
Buyer's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
List Price
$3,675,000
Sold Price
$3,480,000
Premium/Discount to List
-$195,000
-5.31%
Views
181
Current Estimated Value
$3,772,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,442
Avg. Annual Appreciation
4.91%
Original Mortgage
$2,610,000
Outstanding Balance
$2,546,363
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$1,250,641

Purchase Details

Listed on
Nov 12, 2016
Closed on
Dec 21, 2016
Sold by
Cardinal Re Capital 3 Llc
Bought by
Molina Jose Eduardo and Molina Rebecca Alicia
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Mark Stoll
Vista Sotheby's International Realty
List Price
$2,399,000
Sold Price
$2,350,000
Premium/Discount to List
-$49,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,880,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jun 30, 2014
Sold by
Krieger John W and Krieger John W
Bought by
Cardinal Re Capital 3 Llc
Seller's Agent
Nicholas Phillips
Compass
Buyer's Agent
Jeff Whyld
JW Associates
List Price
$1,440,000
Sold Price
$1,400,000
Premium/Discount to List
-$40,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.44%
Original Mortgage
$1,120,000
Interest Rate
4.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 31, 2011
Sold by
Krieger William R and The William & Virginia Krieger
Bought by
Krieger John W and Krieger William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Krieger William R and Krieger William
Bought by
Krieger William R

Purchase Details

Closed on
Nov 2, 1999
Sold by
Krieger William R and Krieger Virginia J
Bought by
Krieger William R and Krieger Virginia J
Source: Public Records

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Range of Values:

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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
Grant Deed $3,480,000 None Listed On Document
Grant Deed $2,350,000 Provident Title Company
Grant Deed $1,400,000 None Available
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,610,000 New Conventional
Previous Owner $1,718,000 New Conventional
Previous Owner $162,575 Future Advance Clause Open End Mortgage
Previous Owner $1,880,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Construction
Previous Owner $1,120,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $3,480,000 -5.3% $1,089 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $3,675,000 +56.4% $1,150 / Sq Ft
12/30/2016 12/30/16 Sold $2,350,000 -2.0% $738 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
11/12/2016 11/12/16 For Sale $2,399,000 +71.4% $754 / Sq Ft
07/16/2014 07/16/14 Sold $1,400,000 -2.8% $561 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $1,440,000 -- $577 / 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 $39,697 $3,549,600 $2,242,368 $1,307,232
2024 $39,697 $3,480,000 $2,198,400 $1,281,600
2023 $30,472 $2,621,466 $1,784,828 $836,638
2022 $28,954 $2,570,066 $1,749,832 $820,234
2021 $28,946 $2,519,673 $1,715,522 $804,151
2019 $27,706 $2,444,940 $1,664,640 $780,300
2018 $27,428 $2,397,000 $1,632,000 $765,000
2016 $16,682 $1,421,350 $1,137,080 $284,270
2015 $16,507 $1,400,000 $1,120,000 $280,000
2014 -- $198,158 $85,781 $112,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14113876

California Regional Multiple Listing Service (CRMLS)

APN: 7539-027-026