NOT LISTED FOR SALE

581 Via Del Monte Palos Verdes Estates, CA 90274

Estimated Value: $4,116,000 - $5,475,000

4 Beds
4 Baths
3,337 Sq Ft
$1,419/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $4,575,000 $1,371 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $30,526/month

8 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • Custom Home
  • 4-minute walk to Civic Center Park

About This Home

As of October 2022

One of the most beautiful remodeled homes in the Malaga Cove area with sweeping and unobstructed views- from queen’s necklace, white water, city lights, and LA basin all the way to the mountains. It has an open floor plan, mostly one level, an updated kitchen, and 4 fully remodeled baths -- this stunning home is move-in ready! Private courtyard entry with fountain and huge stone planters. Gallery hallway with leaded French doors open to the side patio with turf grass area. Spacious living area with an open beam ceiling, a wood-burning fireplace, and window seat -- right next to the gourmet kitchen with Viking range, chiseled travertine, chestnut cabinetry, center island, and farmer’s sink; nook with skylights, a charming fireplace, and pantry. Formal dining and den open to the glass-paneled balcony with such a romantic and unforgettable view. Fabulous master suite with fireplace, walk-in closet with dressing area, nicely arranged bath with tub, separate shower, and view balcony with direct access to the pool/spa area with lush landscape, fruit trees, waterfall, and BBQ area. Two more bedrooms, two baths, and laundry on this level as well. The lower level is the guest bedroom quarter with a bathroom, a wet bar, and French doors open to the resort-like backyard, it borders the city parkland below. The garage is huge, could accommodate 3, if one of them is a smaller sports car. Lower Malaga Cove offers close proximity to the beautiful walking trails, the Ranch Market, Malaga Bank, the post office, and the Malaga Cove Library. Stroll the nearby Hollywood Riviera with a variety of charming restaurants and boutiques. And best of all, there’s a great sense of community on Via Del Monte: the neighbors look out for each other and they are courteous of noise and privacy. 581 Via Del Monte is on a sweet spot on the hill: it’s close enough to walk or ride bikes to the beach, less than 10 minutes to the Hollywood Riviera, and up on the hill far enough away from the city that it feels calm and tranquil. It’s really the “best of both worlds!" Please see the supplement for the list of improvements.

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 08/22/2022

Last Buyer's Agent

Richard Haynes

Haynes Real Estate License #01779425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,564

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Density is 2-5 Units/Acre
  • Land Lease
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Bluff
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Mediterranean Architecture

Interior Spaces

  • 3,337 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Utility Room

Kitchen

  • Country Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Range
  • Dishwasher
  • Stone Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature
  • Permits for Pool

Additional Homes

  • Fireplace in Guest House

Utilities

  • Central Heating
  • Natural Gas Connected
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 19 / 1616
  • Tax Tract Number 6885
  • Assessor Parcel Number 7539014021

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,564

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539014021
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3337.00 Square Feet
  • Interior Amenities: Open Floorplan, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Country Kitchen
  • Fireplace Features: Family Room, Guest House, Kitchen, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1370.99
  • Room Type: Entry, Family Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Utility Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s)
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • View: Bluff, City Lights, Coastline, Hills, Mountain(s), Ocean, Panoramic, Water, White Water
  • Pool Features: Private, In Ground, Permits, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Cooktop
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Park

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11602.00
  • Lot Size Acres: 0.2663

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11602.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1616
  • Tax Census Tract: 6703.24
  • Tax Lot: 19
  • Tax Tract Number: 6885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 12, 2022
Sold by
Blumer Separate Property Trust
Bought by
Chakarun Corey James and Azadi Naz
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Richard Haynes
Haynes Real Estate
List Price
$4,750,000
Sold Price
$4,575,000
Premium/Discount to List
-$175,000
-3.68%
Views
19
Current Estimated Value
$4,734,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,103
Avg. Annual Appreciation
1.22%
Original Mortgage
$2,600,000
Outstanding Balance
$2,474,840
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$2,259,263

Purchase Details

Listed on
Nov 28, 2011
Closed on
Dec 13, 2011
Sold by
Vansicklen Steven R and Vansicklen Van Sicklen
Bought by
Blumer Stephen D
Seller's Agent
Brita McGee
Coldwell Banker Realty
Buyer's Agent
Suzanne Miller
Coldwell Banker Realty
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Vansicklen Steven R and Vansicklen Ardys W
Bought by
Vansicklen Steven R
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
Chakarun Corey James $4,575,000 Progressive Title
Blumer Stephen D $2,579,000 None Available
Vansicklen Steven R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakarun Corey James $2,600,000
Previous Owner Blumer Stephen D $2,500,000
Previous Owner Blumer Stephen D $2,000,000
Previous Owner Blumer Stephen D $1,500,000
Previous Owner Vansicklen Steven R $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $4,575,000 -3.7% $1,371 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $4,750,000 +82.7% $1,423 / Sq Ft
01/19/2012 01/19/12 Sold $2,600,000 -3.5% $779 / Sq Ft
12/10/2011 12/10/11 Pending -- -- --
11/28/2011 11/28/11 For Sale $2,695,000 -- $808 / 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 $52,564 $4,759,830 $4,161,600 $598,230
2024 $52,564 $4,666,500 $4,080,000 $586,500
2023 $51,757 $4,575,000 $4,000,000 $575,000
2022 $34,141 $3,052,524 $2,367,218 $685,306
2021 $34,128 $2,992,671 $2,320,802 $671,869
2020 $33,670 $2,961,986 $2,297,006 $664,980
2019 $32,660 $2,903,909 $2,251,967 $651,942
2018 $32,471 $2,846,970 $2,207,811 $639,159
2016 $30,847 $2,736,421 $2,122,080 $614,341
2015 $30,532 $2,695,319 $2,090,205 $605,114
2014 $30,073 $2,642,522 $2,049,261 $593,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22184203

California Regional Multiple Listing Service (CRMLS)

APN: 7539-014-021