NOT LISTED FOR SALE

624 Via Del Monte Palos Verdes Estates, CA 90274

Estimated Value: $2,613,000 - $2,846,655

5 Beds
2 Baths
2,171 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $1,800,000 $829 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $16,729/month

25 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Wood Flooring
  • Montemalaga Elementary School Rated A+
  • Updated Kitchen
  • Spanish Architecture

About This Home

As of November 2019

This home is Classic 1925 Spanish Style home with Classic California Panoramic Views. This home is one of the first to be built on the hillsides of the Malaga Cove area. It was a 5-bedroom home with 2-baths and is now 4-bedroom plus a den with 2.5-baths. It has a P.V. stone fireplace and beam ceiling in the living room, a remodeled kitchen tastefully done to match the character of the home which includes granite counters, custom cabinets, built-in refrigerator. There is a 180-Bottle refrigerated wine closet. The windows are dual pane throughout except the large pane view windows over looking the Pacific Ocean. There is a brick patio courtyard in the back with it's own fireplace perfect for evening entertaining. The lot has been terraced with PV stone walls and stairs. Each level is flat with grass and panoramic views. This property has the Classic California views the rest of the world thinks of when they think of Los Angeles. The views are of the entire Santa Monica Bay all the to Malibu, Point Dume and beyond, the entire Santa Monica Mountain range, Marina Del Rey and the sailboats at King Harbor and all piers in between, The lights of the city including downtown L.A. and on a clear day the snow capped mountains behind the city and the Hollywood sign. Every day there is a white water view of the beaches and every night the Queen's necklace view (where the city lights of Los Angeles meet the Pacific Ocean). Call and make an appointment to view this Classic, today.

Last Agent to Sell the Property

John Duston

Duston Real Estate Services License #00908149 Listed on: 09/10/2019

Last Buyer's Agent

Matthew Cox

Cove & Key Real Estate License #02076282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,656

Year Built

  • Built in 1925

Lot Details

  • 9,397 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back Yard
  • Value in Land
  • Property is zoned PVR1*

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Views of a pier
  • Panoramic
  • City Lights

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Concrete Perimeter Foundation
  • Seismic Tie Down
  • Quake Bracing
  • Plaster

Interior Spaces

  • 2,171 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • French Doors
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Room
  • Finished Basement
  • Utility Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Brick Porch or Patio

Schools

  • Montemalaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating
  • Gravity Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 1516
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540024007

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,656

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer, Dryer, 2nd refrigrator
  • Other Phone Description: Agent
  • Other Phone Number: 310-753-1748
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540024007
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2171.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Patio
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 829.11
  • Room Type: Basement, Wine Cellar
  • Window Features: Double Pane Windows, Insulated Windows
  • Bathroom Features: Bathtub, Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen
  • Basement: Finished, Utility

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Quake Bracing, Seismic Tie Down
  • View: Bay, City Lights, Coastline, Marina, Ocean, Panoramic, Pier, White Water
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Gravity
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Montemalaga
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Montemalaga
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: MONTEM
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Value In Land, Yard
  • Lot Size Sq Ft: 9397.00
  • Lot Size Acres: 0.2157

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9397.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1516
  • Tax Census Tract: 6703.24
  • Tax Lot: 7
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Oct 9, 2019
Sold by
Ramseyer J Carroll J and Ramseyer Jane Eloise
Bought by
Lavery Phillip J and Gill Olsen Susan M
Seller's Agent
John Duston
Duston Real Estate Services
Buyer's Agent
Matthew Cox
Cove & Key Real Estate
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Current Estimated Value
$2,744,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,914
Avg. Annual Appreciation
7.16%
Original Mortgage
$1,530,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1997
Sold by
Wallace Nancy J Tr Nancy W Kiser Trust
Bought by
Ramseyer J Carroll and Ramseyer Jane Eloise
Source: Public Records

Range of Values:

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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
Lavery Phillip J $1,800,000 North American Title Company
Ramseyer J Carroll $775,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavery Phillip $23,725
Open Lavery Phillip J $1,735,000
Closed Lavery Phillip J $1,530,000
Previous Owner Ramseyer J Carroll $100,000
Previous Owner Ramseyer J Carroll $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $1,800,000 -2.7% $829 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $1,850,000 -5.1% $852 / Sq Ft
09/10/2019 09/10/19 For Sale $1,950,000 -- $898 / 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 $22,656 $1,968,558 $1,574,848 $393,710
2024 $22,656 $1,929,960 $1,543,969 $385,991
2023 $22,256 $1,892,119 $1,513,696 $378,423
2022 $21,155 $1,855,019 $1,484,016 $371,003
2021 $21,162 $1,818,647 $1,454,918 $363,729
2020 $20,878 $1,800,000 $1,440,000 $360,000
2019 $3,748 $247,905 $102,328 $145,577
2018 $3,700 $243,045 $100,322 $142,723
2016 $3,498 $233,609 $96,427 $137,182
2015 $3,455 $230,101 $94,979 $135,122
2014 $3,411 $225,595 $93,119 $132,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19216741

California Regional Multiple Listing Service (CRMLS)

APN: 7540-024-007