NOT LISTED FOR SALE

57 Marguerite Dr Rancho Palos Verdes, CA 90275

Estimated Value: $7,872,000 - $9,646,000

5 Beds
5.5 Baths
6,000 Sq Ft
$1,469/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $8,350,000 $1,392 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $55,980/month

31 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 1.01 Acre Lot
  • Point Vicente Elementary School Rated A+
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of October 2021

Rarely does a home in this location become available in our coastal region. This magnificent traditional style home offers an extraordinary level of Luxury & comfort & is situated in a rare and breathtaking bluff top location. Stunning views of the expansive Pacific ocean and the Palos Verdes shoreline, the views offer an exceptional and rare perspective of the amazing Southern California coast-created by centuries of Nature's forceful efforts. This 6000 square foot home(BTV) has 5 bedrooms, 5 1/2 baths, a wood paneled office, 4 fireplaces & an impressive list of amenities and features. One of the bedrooms is a separate guests quarters above the 3 car garage with its own entrance. The home sits on an acre of the Southern California Coast where the property line ends at the median high tide line. The backyard features a large outdoor "cook's kitchen," a large pool and Jacuzzi and expansive yard area for entertaining. There is a private path that leads to the secluded beach below. The home brings a warmth and intimacy often absent in such a grand residence. The large ocean view master bedroom has a whitewater view, large Ocean View balcony, a fireplace and his & hers closets. Close to the extraordinary Terranea Resort & the 4 world class golf courses of Palos Verdes, the lifestyle & location are hard to match anywhere. There is a community tennis court and clubhouse for the 30(approx) homes in this exclusive community. Only 18 homes on the Bluffs in Lunada Pointe. Only 2 bluff-top homes have sold in the last 10 years. The original developer of Lunada Pointe choose this home and location as his personal residence.

Last Agent to Sell the Property

Gerard Bisignano

Vista Sotheby’s International Realty License #01116110 Listed on: 08/30/2021

Vista Sotheby’s International Realty

Last Buyer's Agent

Thomas Nguyen

Real Capital Inc License #01342497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,517

Year Built

  • Built in 1989

Lot Details

  • 1.01 Acre Lot
  • Beach Front
  • Private Yard
  • Lawn
  • Back Yard
  • Property is zoned RPOH-RS1RPD

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Bluff

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Library with Fireplace
  • Game Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Fireplace
  • Front Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 40640
  • Assessor Parcel Number 7582002008
  • $1,370 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,517

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RPOH-RS1RPD
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7582002008
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6000.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Game Room, Library, Living Room, Master Bedroom, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 1391.67
  • Room Type: Family Room, Living Room
  • Spa Features: Private, In Ground

Exterior Features

  • Patio: Yes
  • View: Bluff, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Patio Open, Front Porch, Rear Porch
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • 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
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 500.00
  • Senior Community: No
  • Community Features: Hiking, Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Bluff, Lawn, Yard
  • Lot Size Sq Ft: 43898.00
  • Lot Size Acres: 1.0078

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43898.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Census Tract: 6704.16
  • Tax Lot: 8
  • Tax Tract Number: 40640
  • TaxOtherAnnualAssessmentAmount: 1370.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 4, 2021
Sold by
Gerts Igor and Gerts Anna
Bought by
Nguyen Rosemary and Rhn Revocable Living Trust
Seller's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
Buyer's Agent
Thomas Nguyen
Real Capital Inc
List Price
$8,650,000
Sold Price
$8,350,000
Premium/Discount to List
-$300,000
-3.47%
Current Estimated Value
$8,812,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,979
Avg. Annual Appreciation
1.42%
Original Mortgage
$5,427,500
Outstanding Balance
$4,970,804
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,842,175

Purchase Details

Closed on
Sep 18, 2008
Sold by
Gerts Igor
Bought by
Gerts Igor and Gerts Anna

Purchase Details

Closed on
Jun 5, 2008
Sold by
57 Marguerite Llc
Bought by
Gerts Igor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2007
Sold by
Chhabria Raju and Chhabria Philomina
Bought by
57 Marguerite Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
Stevens M Brent and Stevens Annette M
Bought by
Chhabria Raju and Chhabria Philomina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,525,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Stevens M Brent and Stevens Marie Annette
Bought by
Stevens M Brent and Stevens Annette M

Purchase Details

Closed on
Apr 23, 1998
Sold by
Muir Mark L and Muir Teri W
Bought by
Stevens M Brent and Stevens Marie Annette

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
7.17%

Purchase Details

Closed on
Nov 22, 1995
Sold by
Burrell Tim and Burrell Judith F
Bought by
Muir Mark L and Muir Teri W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.48%
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
Nguyen Rosemary $8,350,000 Fidelity National Title Co
Gerts Igor -- None Available
Gerts Igor $7,500,000 Lawyers Title
57 Marguerite Llc -- None Available
Chhabria Raju -- Lawyers Title
Stevens M Brent -- --
Stevens M Brent $2,350,000 Orange Coast Title
Muir Mark L $2,100,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Rosemary $5,427,500
Previous Owner Gerts Igor $2,000,000
Previous Owner 57 Marguerite Llc $800,000
Previous Owner Chhabria Raju $3,525,000
Previous Owner Stevens Brent $954,480
Previous Owner Stevens M Brent $956,300
Previous Owner Stevens M Brent $1,000,000
Previous Owner Muir Mark L $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $8,350,000 -3.5% $1,392 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $8,650,000 -- $1,442 / 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 $95,517 $8,861,086 $6,738,670 $2,122,416
2024 $95,517 $8,687,340 $6,606,540 $2,080,800
2023 $94,109 $8,517,000 $6,477,000 $2,040,000
2022 $89,152 $8,350,000 $6,350,000 $2,000,000
2021 $70,945 $6,500,000 $5,000,000 $1,500,000
2019 $69,811 $6,500,000 $5,000,000 $1,500,000
2018 $70,806 $6,500,000 $5,000,000 $1,500,000
2016 $70,007 $6,500,000 $5,000,000 $1,500,000
2015 $68,359 $6,290,000 $5,028,200 $1,261,800
2014 $68,671 $6,290,000 $5,028,200 $1,261,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21188219

California Regional Multiple Listing Service (CRMLS)

APN: 7582-002-008