NOT LISTED FOR SALE

561 Via Del Monte Palos Verdes Estates, CA 90274

Estimated Value: $2,857,054 - $3,919,000

3 Beds
2 Baths
2,524 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $1,600,000 $634 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $20,382/month

10 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Two cooling system units
  • Montemalaga Elementary School Rated A+
  • No HOA
  • Horse Trails

About This Home

As of November 2013

Panoramic Queen's Necklace Ocean View! Located in the highly desired Malaga Cove, this beautiful Spanish Style home features a bright and open floor plan and is abundant with natural charm. Drenched in sunshine, this turn key property boasts a 10,000 sq ft lot and is ready to move right in. Hurry, this will not last.

Last Agent to Sell the Property

Brett Zebrowski

Palm Realty Boutique, Inc. License #01313739 Listed on: 10/21/2013

Palm Realty Boutique, Inc.

Last Buyer's Agent

Julie Maddox

Estate Properties License #00633359

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,690

Year Built

  • Built in 1950

Lot Details

  • 10,109

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Panoramic
  • Woods

Interior Spaces

  • 2,524 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Two cooling system units
  • Central Air
  • Septic Type Unknown

Additional Features

  • 10,109 Sq Ft Lot
  • Property is near a park

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539014016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,690

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539014016
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2524.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 633.91

Exterior Features

  • View: Ocean, Panoramic, Trees/Woods, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 10109.00
  • Lot Size Acres: 0.2320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10109.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2014
Sold by
Moretti Larry E and Moretti Heather L
Bought by
Moretti Family Trust
Current Estimated Value
$3,348,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$153,602
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$3,194,412

Purchase Details

Listed on
Oct 21, 2013
Closed on
Nov 18, 2013
Sold by
Silverra Daniel and Silvera Dorothea
Bought by
Moretti Larry E and Moretti Heather L
Seller's Agent
Brett Zebrowski
Palm Realty Boutique, Inc.
Buyer's Agent
Julie Maddox
Estate Properties
List Price
$1,659,000
Sold Price
$1,600,000
Premium/Discount to List
-$59,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Feb 18, 2012
Closed on
Apr 4, 2012
Sold by
Larue Peter and Rieser Jill Larue
Bought by
Silvera Daniel and Silvera Dorothee
Seller's Agent
Marge Rankin
Coldwell Banker Realty
Buyer's Agent
Mike Syre
Douglas Elliman
List Price
$1,395,000
Sold Price
$1,405,000
Premium/Discount to List
$10,000
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 1999
Sold by
Larue Rosemary T and Larue Trust
Bought by
Larue Rosemary T and Larue Trust

Purchase Details

Closed on
Dec 11, 1996
Sold by
Larue Robert S and Larue Rosemary T
Bought by
Larue Robert S and Larue Rosemary T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moretti Family Trust -- None Available
Moretti Larry E -- Ticor Title Company
Moretti Larry E $1,600,000 Usa National Title Co
Silvera Daniel $1,405,000 Ticor Title Company
Larue Rosemary T -- --
Larue Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moretti Larry E $200,000
Previous Owner Silvera Daniel $225,000
Previous Owner Silvera Daniel $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2013 11/20/13 Sold $1,600,000 -3.6% $634 / Sq Ft
10/21/2013 10/21/13 For Sale $1,659,000 +18.1% $657 / Sq Ft
05/08/2012 05/08/12 Sold $1,405,000 +0.7% $557 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
02/18/2012 02/18/12 For Sale $1,395,000 -- $553 / 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 $22,690 $1,961,372 $1,480,226 $481,146
2024 $22,690 $1,922,914 $1,451,202 $471,712
2023 $22,367 $1,885,211 $1,422,748 $462,463
2022 $21,270 $1,848,247 $1,394,851 $453,396
2021 $21,274 $1,812,007 $1,367,501 $444,506
2019 $20,376 $1,758,264 $1,326,941 $431,323
2018 $20,199 $1,723,789 $1,300,923 $422,866
2016 $19,182 $1,656,854 $1,250,407 $406,447
2015 $18,982 $1,631,967 $1,231,625 $400,342
2014 $18,701 $1,600,000 $1,207,500 $392,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13214136

California Regional Multiple Listing Service (CRMLS)

APN: 7539-014-016