Seller's Agent in 2019
Steven Watts
Vista Sotheby's International Realty
(310) 874-8775
14 in this area
77 Total Sales
5918 Montemalaga Dr Rancho Palos Verdes, CA 90275
Estimated Value: $1,844,000 - $2,136,352
3
Beds
2.5
Baths
2,358
Sq Ft
$828/Sq Ft
Est. Value
Highlights
- Ocean View
- Attic
- No HOA
- Montemalaga Elementary School Rated A+
- Private Yard
- Breakfast Area or Nook
About This Home
As of August 2019**COME SEE THE BEAUTIFUL NEW KITCHEN** This fabulous home situated on a private road set above Montemalaga was not only completely refurbished on the inside, but also some of the major systems have been replaced, making this a true turn-key home! From the gleaming refinished hardwood floors, being newly painted inside and out, the installation of a new front door, and refined new hardware throughout, to the new AC unit and ducting, and loads of recessed lighting, this home is beyond special. In the boundary of and walking distance to the much sought-after Silver Spur Elementary school this home features 3 bedrooms, 2.5 bathrooms, 2 fireplaces, dining room, and breakfast room with sliders to the gorgeous fully landscaped private backyard and patio. Custom cabinets, fireplace and beautifully remodeled powder bath all compliment the downstairs living room. Upstairs you will be captivated by the open living room with FP and huge sliders to a cozy viewing balcony where you can enjoy endless views of downtown Los Angeles and the San Gabriel Mountains. The master suite also boasts the outrageous views, walk in closet, bathroom with spa tub, large stall shower and double sinks. All living spaces are largely proportioned and ready for entertaining or just relaxing and enjoying the views. The two car garage has a huge storage room behind it perfect for storage. Other features include: a full wireless security system, and Smart/wireless controlled HVAC & sprinkler systems.
Last Agent to Sell the Property
Vista Sotheby's International Realty License #00966894 Listed on: 05/10/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,826
Year Built
- Built in 1964
Lot Details
- 0.31 Acre Lot
- Sprinkler System
- Private Yard
- Lawn
- Property is zoned RPRS8000*
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Coastline
- Panoramic
- City Lights
- Mountain
Interior Spaces
- 2,358 Sq Ft Home
- 2-Story Property
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Open Floorplan
- Dining Room
- Workshop
- Breakfast Area or Nook
- Attic
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Schools
- Silver Spur Elementary School
- Palos Verdes Middle School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 27118
- Assessor Parcel Number 7578001011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2019
Closed on
Aug 5, 2019
Sold by
Martin Russell D and Martin Lindsey
Bought by
Florido Christian and Florido Michelle
Seller's Agent
Steven Watts
Vista Sotheby's International Realty
Buyer's Agent
Erik Cabral
Pinnacle Estate Properties
List Price
$1,298,000
Sold Price
$1,270,000
Premium/Discount to List
-$28,000
-2.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,588
Avg. Annual Appreciation
7.49%
Original Mortgage
$992,000
Outstanding Balance
$874,301
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,090,768
Purchase Details
Closed on
Dec 23, 2011
Sold by
Martin Russell
Bought by
Martin Russell D and Martin Lindsey
Purchase Details
Closed on
Feb 1, 2011
Sold by
Martin Russell
Bought by
Martin Russell and Martin Lindsey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
4.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 23, 2005
Sold by
Martin Lindsey Marie
Bought by
Martin Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 6, 2005
Sold by
Bennett Erin
Bought by
Martin Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 21, 2003
Sold by
Bennett Erin
Bought by
Bennett Erin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.89%
Purchase Details
Closed on
Dec 14, 2000
Sold by
Seaburn Matthew L
Bought by
Bennett Erin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.65%
Purchase Details
Closed on
Dec 12, 1997
Sold by
Tillung Kenneth O
Bought by
Seaburn Matthew L and Seaburn Katharine I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Florido Christian | $1,265,000 | Usa Title Company | |
| Martin Russell D | -- | None Available | |
| Martin Russell | -- | Fidelity National Title Co | |
| Martin Russell | -- | Lawyers Title | |
| Martin Russell | $1,203,000 | Lawyers Title | |
| Bennett Erin | -- | North American Title Co | |
| Bennett Erin L | $570,000 | Progressive Title Company | |
| Seaburn Matthew L | $450,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Florido Christian | $992,000 | |
| Previous Owner | Martin Russell D | $170,000 | |
| Previous Owner | Martin Russell D | $505,000 | |
| Previous Owner | Martin Russell | $528,000 | |
| Previous Owner | Martin Russell | $390,000 | |
| Previous Owner | Martin Russell | $585,000 | |
| Previous Owner | Bennett Erin | $556,000 | |
| Previous Owner | Bennett Erin L | $456,000 | |
| Previous Owner | Seaburn Matthew L | $120,000 | |
| Previous Owner | Seaburn Matthew L | $60,000 | |
| Previous Owner | Seaburn Matthew L | $360,000 | |
| Closed | Seaburn Matthew L | $45,000 | |
| Closed | Bennett Erin L | $57,000 | |
| Closed | Bennett Erin | $69,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2019 08/30/19 | Sold | $1,270,000 | -2.2% | $539 / Sq Ft |
| 08/01/2019 08/01/19 | Pending | -- | -- | -- |
| 07/23/2019 07/23/19 | Price Changed | $1,298,000 | 0.0% | $550 / Sq Ft |
| 07/23/2019 07/23/19 | For Sale | $1,298,000 | +2.2% | $550 / Sq Ft |
| 07/16/2019 07/16/19 | Off Market | $1,270,000 | -- | -- |
| 07/16/2019 07/16/19 | For Sale | $1,299,000 | +2.3% | $551 / Sq Ft |
| 07/15/2019 07/15/19 | Off Market | $1,270,000 | -- | -- |
| 06/10/2019 06/10/19 | Price Changed | $1,299,000 | -6.3% | $551 / Sq Ft |
| 05/20/2019 05/20/19 | Price Changed | $1,387,000 | -4.2% | $588 / Sq Ft |
| 05/10/2019 05/10/19 | For Sale | $1,448,000 | -- | $614 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,826 | $1,383,457 | $1,106,767 | $276,690 |
| 2024 | $15,826 | $1,356,331 | $1,085,066 | $271,265 |
| 2023 | $15,510 | $1,329,738 | $1,063,791 | $265,947 |
| 2022 | $14,728 | $1,303,666 | $1,042,933 | $260,733 |
| 2021 | $14,737 | $1,278,105 | $1,022,484 | $255,621 |
| 2019 | $15,611 | $1,391,000 | $1,061,100 | $329,900 |
| 2018 | $13,838 | $1,210,000 | $923,000 | $287,000 |
| 2016 | $12,881 | $1,138,000 | $868,000 | $270,000 |
| 2015 | $12,132 | $1,053,000 | $803,000 | $250,000 |
| 2014 | $12,190 | $1,053,000 | $803,000 | $250,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Watts
-
Erik Cabral
Buyer's Agent in 2019
Erik Cabral
Pinnacle Estate Properties
(818) 993-7370
79 Total Sales
-
A
Buyer Co-Listing Agent in 2019
Ana Fernandez-Davila Dul
No Firm Affiliation
-
Ana Fernandez-Davila
A
Buyer Co-Listing Agent in 2019
Ana Fernandez-Davila
Pinnacle Estate Properties, Inc.
(310) 760-1238
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV19107774
APN: 7578-001-011
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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