Seller's Agent in 2022
Matthew Oksas
Irongate Real Estate
(310) 951-4381
1 in this area
22 Total Sales
6857 Crest Rd Rancho Palos Verdes, CA 90275
Estimated Value: $3,644,903 - $3,881,000
5
Beds
3.5
Baths
4,460
Sq Ft
$835/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Tennis Courts
- Point Vicente Elementary School Rated A+
- Koi Pond
- Heated In Ground Pool
About This Home
As of March 2022Rancho Palos Verdes private resort style living with stunning Ocean Views of the Queen’s Necklace. Beautifully crafted main house boasts polished Italian marble grand foyer with gilded columns, elegant archways and crystal chandeliers. Recent Upgrades include, the gourmet kitchen remodeled with quartzite countertops, farmhouse sink, finished in Kona cabinets & Viking stainless appliances beautifully lit by a oversize doomed sky light. The Upper level features 4 bedrooms, 2 full bathrooms with a designated HVAC system. The 3 large guest beds have compartmentalized sliding glass closets and share a full guest bath. The king sized Master bedroom is finished with ornate cathedral ceilings, hand crafted arched mahogany entryway door, a large walk-in closet waiting for your finishing touches, a cozy fireplace and French doors which open to a private balcony with a tucked away breakfast deck overlooking lush gardens. The Master bathroom is finished in marble, with an enormous high gloss double vanity, doomed walk-in cascading shower, jetted master tub with ocean views and comes equipped with bidet. The Lower level features bright open floor plan with high vaulted ceilings, Italian marble floors, solar tub light accents throughout, a designated HVAC, formal dining room, laundry room with basin sink, wine pantry, remodeled wet bar, entertainment half bath and wrap around patios lined in French doors, breath taking ocean views & shaded retreats. Relax in a formal library finished in decorative dark hardwood chronicling the tale of the vintner's tradition. Both front and backyard have been landscaped with fountains, new assorted vegetation and sod install. The Backyard has a enclosed regulation tennis court perfect for sunning, picnic flat overlooking the Agua Armaga Reserve, pool with a cascading jacuzzi, water fall koi pond, terraced gardens and separate pool house. The remodeled pool house is a tranquil 1 bedroom and 1 full bathroom with it's own new granny kitchenette and arguably the best views to behold the Santa Monica Bay. All this, built on a enormous 37,330 sqft Lot among the largest in the Monaco Neighborhood. There is an attached 3 car garage entry with ample room for storage. Located a short distance from golf course, community parks, upscale shopping and trendy restaurants. Truly a must see!
Last Agent to Sell the Property
Irongate Real Estate License #01437004 Listed on: 11/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,280
Year Built
- Built in 1978
Lot Details
- 0.86 Acre Lot
- Landscaped
- Property is zoned RPRA1*
Parking
- 3 Car Attached Garage
- 7 Carport Spaces
Property Views
- Ocean
- Coastline
- Harbor
Home Design
- Contemporary Architecture
- Mediterranean Architecture
- Spanish Tile Roof
Interior Spaces
- 4,460 Sq Ft Home
- Open Floorplan
- Furnished
- Bar
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Office
- Alarm System
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Electric Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 4 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Stone Bathroom Countertops
- Bidet
- Dual Sinks
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Pool
- Heated In Ground Pool
- Waterfall Pool Feature
- Heated Spa
- In Ground Spa
Outdoor Features
- Tennis Courts
- Wood Patio
- Koi Pond
- Outdoor Grill
- Wrap Around Porch
Additional Features
- Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Mountainous Community
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 7113
- Assessor Parcel Number 7588003017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2021
Closed on
Feb 8, 2022
Sold by
Anoja Wickramarachchi
Bought by
Sourian Stephanie and Sourian Mark Zareh
Seller's Agent
Matthew Oksas
Irongate Real Estate
Buyer's Agent
Kristi Seth
Compass
List Price
$3,650,000
Sold Price
$3,700,000
Premium/Discount to List
$50,000
1.37%
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
$25,976
Avg. Annual Appreciation
0.20%
Original Mortgage
$2,590,000
Outstanding Balance
$2,414,147
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,311,829
Purchase Details
Closed on
Nov 4, 2005
Sold by
Wickramarachchi Lakshman
Bought by
Wickramarachchi Anoja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 3, 2005
Sold by
Silver Dennis D
Bought by
Wickramarachchi Anoja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 20, 2005
Sold by
Silver Eden T
Bought by
Silver Dennis D
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
5.56%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 18, 2004
Sold by
Silver Eden
Bought by
Silver Dennis D
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
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 20, 2004
Sold by
Abolahrar Mohamadali
Bought by
Silver Dennis D
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
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 28, 2003
Sold by
Abolaharar Mohamadali and Abolahrar Reza
Bought by
Abolaharar Mohamadali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
5.72%
Purchase Details
Closed on
Oct 1, 1998
Sold by
Bogsara Massim
Bought by
Abolahrar Mohamad Ali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.61%
Purchase Details
Closed on
Sep 22, 1998
Sold by
Mcamis Rocky A
Bought by
Abolaharar Mohammadali and Abolahrar Reza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.61%
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 |
|---|---|---|---|
| Sourian Stephanie | $3,700,000 | Fidelity National Title | |
| Wickramarachchi Anoja | -- | Southland Title Company | |
| Wickramarachchi Anoja | $2,560,000 | Southland Title Co | |
| Silver Dennis D | -- | Investors Title Company | |
| Silver Dennis D | -- | Southland Title | |
| Silver Dennis D | $1,850,000 | Southland Title | |
| Abolaharar Mohamadali | -- | Chicago Title Co | |
| Abolahrar Mohamad Ali | -- | Lawyers Title Company | |
| Abolaharar Mohammadali | $1,050,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sourian Stephanie | $2,590,000 | |
| Previous Owner | Wickramarachchi Anoja | $128,000 | |
| Previous Owner | Wickramarachchi Anoja | $1,792,000 | |
| Previous Owner | Silver Dennis D | $1,000,000 | |
| Previous Owner | Silver Dennis D | $1,000,000 | |
| Previous Owner | Abolaharar Mohamadali | $494,000 | |
| Previous Owner | Abolaharar Mohammadali | $735,000 | |
| Closed | Silver Dennis D | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | $3,700,000 | +1.4% | $830 / Sq Ft |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- |
| 11/25/2021 11/25/21 | For Sale | $3,650,000 | -1.4% | $818 / Sq Ft |
| 11/19/2021 11/19/21 | Off Market | $3,700,000 | -- | -- |
| 04/12/2019 04/12/19 | Rented | $8,950 | 0.0% | -- |
| 04/10/2019 04/10/19 | Under Contract | -- | -- | -- |
| 01/21/2019 01/21/19 | Price Changed | $8,950 | -5.8% | $2 / Sq Ft |
| 10/01/2018 10/01/18 | For Rent | $9,500 | -10.7% | -- |
| 07/01/2018 07/01/18 | Rented | $10,638 | +1.3% | -- |
| 06/08/2018 06/08/18 | Under Contract | -- | -- | -- |
| 04/20/2018 04/20/18 | Price Changed | $10,500 | -10.6% | $3 / Sq Ft |
| 02/11/2018 02/11/18 | For Rent | $11,750 | -- | -- |
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 | $43,280 | $3,926,467 | $2,846,052 | $1,080,415 |
| 2024 | $43,280 | $3,849,479 | $2,790,248 | $1,059,231 |
| 2023 | $42,640 | $3,774,000 | $2,735,538 | $1,038,462 |
| 2022 | $36,169 | $3,296,668 | $2,637,338 | $659,330 |
| 2021 | $36,088 | $3,232,028 | $2,585,626 | $646,402 |
| 2019 | $31,209 | $2,824,000 | $2,259,200 | $564,800 |
| 2018 | $31,333 | $2,824,000 | $2,259,200 | $564,800 |
| 2016 | $30,949 | $2,824,000 | $2,259,200 | $564,800 |
| 2015 | $29,599 | $2,661,000 | $2,128,800 | $532,200 |
| 2014 | $26,981 | $2,404,000 | $1,923,200 | $480,800 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Oksas
-
Andre Kruse
Seller Co-Listing Agent in 2022
Andre Kruse
First Team Real Estate
(310) 606-0588
2 in this area
15 Total Sales
-
Kristi Seth
Buyer's Agent in 2022
Kristi Seth
Compass
(310) 948-3980
2 in this area
29 Total Sales
-
Tyler Kruse
Seller Co-Listing Agent in 2019
Tyler Kruse
First Team Real Estate
(213) 760-2892
1 in this area
13 Total Sales
-
G
Buyer's Agent in 2018
Giovanni Corvino
Irongate Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21252437
APN: 7588-003-017
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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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