$4,600,000
SOLD AUG 17, 2021
4 Beds
4 Baths
3,951 Sq Ft
0.25 Acres

Recently Sold

$1,164 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Heated In Ground Pool
  • Montemalaga Elementary School Rated A+
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of August 2021

Welcome to this Turn-Key resort-style Modern Tuscan Entertainer’s Dream and one of the best locations with “White Water and Queens Necklace” Ocean and City Lights Views in the highly coveted neighborhood of Lower Malaga Cove! You will enjoy 4 bedrooms plus an oversized “Movie and Game Room”, 4 bathrooms and plenty of storage with over 3950 sf of living space. Living in this prominent location, you will find yourself steps away from Malaga Cove Plaza, Bluff Cove, RAT Beach and the PV Beach and Athletic Club which overlook one of the best “water sports” areas in Southern California. This newly remodeled and highly upgraded custom home has stunning views and a captivating open floor-plan with a “great room” incorporating the kitchen, dining room, living room, oversized balcony and even a professional bar/lounge! The gourmet kitchen is luxuriously appointed with professional grade amenities including an enormous island with unobstructed ocean views. The spa-like bathrooms have classic old-world natural stone and modern amenities to give you the best of all worlds. The backyard boasts pool/spa, firepit, mature palm trees, herb garden and many sitting areas to capture stunning ocean views. Inside the home you’ll enjoy custom cabinetry and custom window coverings throughout, surround sound, security system and Lutron smart lighting. The large 2-car garage has a built-in workshop and cabinetry. The Palos Verdes lifestyle offers award-winning schools, water sports, golf, tennis, equestrian facilities and beautiful beaches.

Last Agent to Sell the Property

Peter Wollner

New Homes and Land Brokers License #01381742 Listed on: 06/25/2021

Co-Listed By

Tricia Rapaport

Estate Properties License #01339473

Last Buyer's Agent

Karen Lucas

Estate Properties License #01049036

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,086

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Northwest Facing Home
  • Landscaped
  • Sprinkler System
  • Property is zoned PVR1*

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Workshop in Garage
  • Side by Side Parking
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,951 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Custom Window Coverings
  • Window Screens
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Home Theater
  • Game Room
  • Storage
  • Wood Flooring
  • Utility Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Chute
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Spa

Outdoor Features

  • Patio
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Heating
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 1426
  • Tax Tract Number 8523
  • Assessor Parcel Number 7540013010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,086

Year Built

Built in 2012 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Tricia Co-LA
  • Other Phone Number: 3107044922
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540013010
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3951.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Home Automation System, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound
  • Stories: 2
  • Entry Location: main
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Area, In Family Room
  • Fireplace Features: Family Room, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1164.26
  • Room Type: Family Room, Formal Entry, Game Room, Great Room, Home Theatre, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Media Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Window Features: Custom Covering, Double Pane Windows, Drapes, Screens, Shutters, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Privacy Toilet Door, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Raised, Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Coastline, Neighborhood, Ocean, Panoramic, White Water
  • Patio And Porch Features: Terrace
  • Pool Features: Private, Heated, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Oversized, Side by Side, Workshop in Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Laundry Chute, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Hiking, Horse Trails, Park, Watersports

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 11105.00
  • Lot Size Acres: 0.2549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11105.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1426
  • Tax Census Tract: 6703.24
  • Tax Lot: 10
  • Tax Tract Number: 8523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 21, 2021
Sold by
Rogers Tiffany
Bought by
Desai Ankur V and Desai Carolyn H
Seller's Agent
Peter Wollner
New Homes and Land Brokers
Buyer's Agent
Karen Lucas
Estate Properties
List Price
$4,695,000
Sold Price
$4,600,000
Premium/Discount to List
-$95,000
-2.02%
Current Estimated Value
$5,196,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,046
Avg. Annual Appreciation
3.36%
Original Mortgage
$3,450,000
Outstanding Balance
$3,143,881
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,097,498

Purchase Details

Closed on
May 27, 2021
Sold by
Rogers Tiffany
Bought by
Rogers Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Outstanding Balance
$3,143,881
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,097,498

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 5, 2015
Sold by
Lenihan Margaret Butier
Bought by
Rogers Tiffany
Seller's Agent
Suzanne Dyer
Strand Hill Properties
Buyer's Agent
Chuck Bennett
Estate Properties
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$2,660,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 3, 2015
Sold by
Lenihan Joseph Edward and Lenihan Margaret Butier
Bought by
Lenihan Margaret Butier
Seller's Agent
Suzanne Dyer
Strand Hill Properties
Buyer's Agent
Chuck Bennett
Estate Properties
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 7, 2015
Sold by
Seymour Keren
Bought by
Rogers Tiffany
Seller's Agent
Suzanne Dyer
Strand Hill Properties
Buyer's Agent
Chuck Bennett
Estate Properties
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Lenihan Joseph E and Lenihan Margaret B
Bought by
Lenihan Joseph Edward and Lenihan Margaret Butier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2005
Sold by
Clinton Robert G and Clinton Kerry Jae
Bought by
Lenihan Joseph Edward and Lenihan Margaret Butier

Purchase Details

Closed on
Nov 5, 2002
Sold by
Clinton Robert G and Clinton Kerry Jae
Bought by
Clinton Robert G and Clinton Kerry Jae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2000
Sold by
Clinton Robert G and Clinton Kerry Jae
Bought by
Clinton Robert G and Clinton Kerry Jae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage
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 $4,600,000 Usa National Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $3,800,000 Progressive
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Progressive
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Progressive Title
Grant Deed $2,305,000 Lawyers Title
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- American Coast Title
Interfamily Deed Transfer -- American Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,450,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $600,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $2,660,000 New Conventional
Previous Owner $1,440,000 Purchase Money Mortgage
Previous Owner $1,218,000 Purchase Money Mortgage
Previous Owner $252,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $4,600,000 -2.0% $1,164 / Sq Ft
06/25/2021 06/25/21 For Sale $4,695,000 +23.6% $1,188 / Sq Ft
08/07/2015 08/07/15 Sold $3,800,000 0.0% $962 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $3,800,000 -- $962 / 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 $54,086 $4,881,556 $3,289,744 $1,591,812
2024 $54,086 $4,785,840 $3,225,240 $1,560,600
2023 $53,262 $4,692,000 $3,162,000 $1,530,000
2022 $50,562 $4,600,000 $3,100,000 $1,500,000
2021 $46,739 $4,155,853 $3,007,526 $1,148,327
2020 $46,109 $4,113,241 $2,976,688 $1,136,553
2019 $44,708 $4,032,590 $2,918,322 $1,114,268
2018 $44,506 $3,953,520 $2,861,100 $1,092,420
2016 $42,289 $3,800,000 $2,750,000 $1,050,000
2015 $27,899 $2,443,000 $1,960,300 $482,700
2014 $24,858 $2,151,000 $1,726,000 $425,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21138248

California Regional Multiple Listing Service (CRMLS)

APN: 7540-013-010