NOT LISTED FOR SALE

Estimated Value: $1,151,058 - $1,478,000

2 Beds
1 Bath
1,051 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $759,999 $723 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,767/month

68 Days on Market

Highlights

  • Ocean View
  • Secluded Lot
  • Spanish Architecture
  • Mira Catalina Elementary School Rated A+
  • Wood Flooring
  • L-Shaped Dining Room

About This Home

As of January 2016

Lowest priced home on the hill (excluding annexed areas). Most likely you will never see a house in this area at this price again. House has incredible views! Home is in close to pre-WWII condition and is ready for remodeling. Bring your contractor or architect ....... Located in the red tile roof section in Miraleste you will find a home with old world charm. The quiet tree lined street is lined with some of the most architecturally stunning old Spanish and Italian influenced homes. Ocean and city light views can be enjoyed from the front and rear of the home, as well as the bedrooms. The living room is anchored by the brick fireplace and distinctive windows and moldings. The formal dining room has a large window area that takes in the lush landscaping. The original kitchen and bath have been freshly painted and all the floors in the house have been refinished. A office and or guest quarters with a separate entrance is an added bonus not in the existing square footage. The Rear yard enjoys a vintage Fireplace with petina grill that exudes old world charm. Numerous flat areas and sitting spots line the rear yard with commanding views of the city and beyond.

Last Agent to Sell the Property

Jerry Yutronich

Estate Properties License #01218093 Listed on: 09/18/2015

Estate Properties

Last Buyer's Agent

Jared Yutronich

Estate Properties License #01869224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,967

Year Built

  • Built in 1941

Lot Details

  • 0.27 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Harbor
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 1,051 Sq Ft Home
  • Crown Molding
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Wood Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Stone Porch or Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7557005015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,967

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: Jerry
  • Other Phone Description: 3105191188
  • Property Attached: No
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7557005015
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1051.00
  • Interior Amenities: Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 723.12
  • Room Type: Family Room, Office

Exterior Features

  • Patio: Yes
  • View: City Lights, Harbor, Mountain(s), Neighborhood, Ocean
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft, Secluded
  • Lot Size Sq Ft: 11854.00
  • Price Per Lot Square Foot: 64.11
  • Lot Size Acres: 0.2720

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 11854.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Russo Michael J and Russo Katherine L
Bought by
Russo Michael J and Russo Katherine L
Total Days on Market
68
Current Estimated Value
$1,260,265

Purchase Details

Listed on
Sep 18, 2015
Closed on
Nov 24, 2015
Sold by
Klainbaum Alan Abraham
Bought by
Russo Michael J and Russo Katherine L
Seller's Agent
Jerry Yutronich
Estate Properties
Buyer's Agent
Jared Yutronich
Estate Properties
List Price
$799,999
Sold Price
$759,999
Premium/Discount to List
-$40,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$600,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2000
Sold by
Cushman Trust Cushman Elizabeth H Co Tr Eliza and Cushman Robert A
Bought by
Klainbaum Alan Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.75%
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
Russo Michael J -- None Available
Russo Michael J $760,000 Wfg National Title Company
Klainbaum Alan Abraham $440,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Michael J $657,000
Closed Russo Michael J $647,000
Closed Russo Michael J $598,000
Closed Russo Michael J $600,000
Previous Owner Klainbaum Alan Abraham $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2016 01/07/16 Sold $759,999 0.0% $723 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
10/19/2015 10/19/15 Price Changed $759,999 -5.0% $723 / Sq Ft
09/18/2015 09/18/15 For Sale $799,999 -- $761 / 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 $10,967 $923,237 $719,745 $203,492
2024 $10,967 $905,135 $705,633 $199,502
2023 $10,763 $887,389 $691,798 $195,591
2022 $10,183 $869,990 $678,234 $191,756
2021 $10,139 $852,933 $664,936 $187,997
2019 $9,698 $806,516 $645,214 $161,302
2018 $9,405 $790,703 $632,563 $158,140
2016 $6,931 $571,263 $457,014 $114,249
2015 $6,966 $562,683 $450,150 $112,533
2014 $6,880 $551,662 $441,333 $110,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15206705

California Regional Multiple Listing Service (CRMLS)

APN: 7557-005-015