NOT LISTED FOR SALE

Estimated Value: $3,167,000 - $3,475,000

5 Beds
5 Baths
4,356 Sq Ft
$759/Sq Ft Est. Value

Last Sold January 29, 2013

Last sale price $1,875,000 $430 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $19,744/month

7 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • 3 Car Attached Garage
  • Point Vicente Elementary School Rated A+
  • No HOA
  • Eat-In Kitchen

About This Home

As of January 2013

Enjoy miles of stunning ocean and Catalina views from virtually every room! A true representation of the best of coastal luxury living, this remodeled 5 bedroom, 5 bath home features an open layout perfect for family/entertaining, living spaces that flow out to wrap-around balconies for enjoying the ultimate in views, and a pool house. Spacious family room features fireplace, wet bar, and large windows that highlight incredible views. Grand master suite has luxurious bath and flows out to balcony. Stately library provides the best in comfort with fireplace, built-in bookcases, and outdoor sitting area with incredible views. Gourmet kitchen has granite countertops and breakfast room also opens out to balcony and ocean breeze. Separate pool house has 3/4 bath and wine cellar. Custom cabinetry, climate control heating and A/C systems and central vacuum and security systems are just a few other special details. South facing home ensures plenty of bright light and breeze. Don't miss this spectacular home!

Last Agent to Sell the Property

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 11/19/2012

Keller Williams Palos Verdes

Last Buyer's Agent

Young Lee

Keller Williams Palos Verdes License #00667613 Listed on: 11/19/2012

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,721

Year Built

  • Built in 1965

Lot Details

  • 0.37 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 4,356 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 27113
  • Assessor Parcel Number 7588013012

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,721

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7588013012
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4356.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 430.44
  • Room Type: Entry, Family Room, Living Room, Master Bedroom

Exterior Features

  • View: Ocean, Panoramic
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 16279.00
  • Lot Size Acres: 0.3740

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16279.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 66
  • Tax Tract Number: 27113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2014
Sold by
Liang Corry S and Liang Minnie M
Bought by
The Liang Revocable Living Trust
Current Estimated Value
$3,304,125

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jan 4, 2013
Sold by
Yun Hyung Sik
Bought by
Liang Corry S and Liang Minnie M
Seller's Agent
Young Lee
Keller Williams Palos Verdes
Buyer's Agent
Young Lee
Keller Williams Palos Verdes
List Price
$1,989,000
Sold Price
$1,875,000
Premium/Discount to List
-$114,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$1,400,000
Outstanding Balance
$933,946
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,196,246

Purchase Details

Closed on
Dec 18, 2007
Sold by
Lim Hay Young
Bought by
Yun Hyung Sik

Purchase Details

Closed on
Nov 27, 2007
Sold by
Hodges Bradley P and Abad Andrea P
Bought by
Yun Hyung Sik

Purchase Details

Closed on
Aug 16, 2005
Sold by
Marinella Ronald C and Marinella Connie S
Bought by
Hodges Bradley P and Abad Andrea P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2002
Sold by
Nolan Tracy and Nolan Donelle
Bought by
Marinella Ronald C and Marinella Connie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.99%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Nolan Tracy
Bought by
Nolan Tracy and Nolan Donnelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 1999
Sold by
Nolan Donnelle
Bought by
Nolan Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 6, 1999
Sold by
Marsh Alva A and Marsh Jeanette
Bought by
Nolan Tracy and Nolan Donnelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First
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
The Liang Revocable Living Trust -- None Available
Liang Corry S $1,875,000 Ticor Title Company
Yun Hyung Sik -- Progressive Title Co Inc
Yun Hyung Sik $2,280,000 Progressive Title Co Inc
Hodges Bradley P $2,500,000 Progressive Title
Marinella Ronald C $1,500,000 --
Nolan Tracy -- California Title Company
Nolan Tracy -- Progressive Title Company
Nolan Tracy $900,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Corry S $1,400,000
Previous Owner Hodges Bradley P $1,500,000
Previous Owner Marinella Ronald C $1,000,000
Previous Owner Nolan Tracy $1,000,000
Previous Owner Nolan Tracy $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2013 01/29/13 Sold $1,875,000 -5.7% $430 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
11/19/2012 11/19/12 For Sale $1,989,000 -- $457 / 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 $26,721 $2,380,668 $1,551,347 $829,321
2024 $26,721 $2,333,989 $1,520,929 $813,060
2023 $26,255 $2,288,225 $1,491,107 $797,118
2022 $24,923 $2,243,359 $1,461,870 $781,489
2021 $24,841 $2,199,372 $1,433,206 $766,166
2019 $23,751 $2,134,140 $1,390,698 $743,442
2018 $23,459 $2,092,295 $1,363,430 $728,865
2016 $22,274 $2,011,051 $1,310,488 $700,563
2015 $22,178 $1,980,844 $1,290,804 $690,040
2014 $21,227 $1,883,512 $1,265,519 $617,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV12142241

California Regional Multiple Listing Service (CRMLS)

APN: 7588-013-012