NOT LISTED FOR SALE

701 Via Del Monte Palos Verdes Estates, CA 90274

Estimated Value: $4,335,000 - $5,122,000

4 Beds
5 Baths
4,242 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $4,160,000 $981 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $30,082/month

43 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Montemalaga Elementary School Rated A+
  • Dual Staircase
  • Main Floor Bedroom

About This Home

As of October 2022

Absolutely stunning Mediterranean in the heart of Malaga Cove with breathtaking ocean views! This 4242 square foot stunner offers 4 very spacious bedrooms, each with their own bathroom. It also offers a remodeled powder room, gorgeous living room with ocean views, vaulted, tongue and groove ceilings, a striking custom fireplace, and beautiful chandelier. The gourmet kitchen has granite countertops, top of the line appliances, a large island, custom lighting with an adjacent breakfast room - both open to the large family room with ocean views and vaulted ceilings, and an upper patio that spans the upstairs living and dining areas and stairs to connect you to the backyard. The spacious dining room has French doors to the upper patio and ocean views. The flow and openness of these rooms are perfect for entertaining and enjoying views from all the living areas upstairs. Upstairs is also a flex room with ocean views, perfect for a home office, guest room or gym. The master suite offers an impressive double door entrance, raised ceilings, a fireplace, and a large walk-in closet with custom built-ins and French doors to the backyard. The master bathroom has many windows and a beautiful spa tub. There are two other large bedrooms downstairs both with walk in closets and bathrooms with custom tile work. There are not enough words to describe this gorgeous home, you must see it for yourself! Not only does it offer the stunning views, but it is quality built, has a side and rear yard with a putting green and patios to enjoy a morning cup of coffee or enjoy a glass of wine taking in the endless sunsets from your very own home. Three car garage with enormous amounts of storage and driveway gate makes this home a one of a kind! Seller financing is also available.

Last Agent to Sell the Property

Steven Watts

Vista Sotheby's International Realty License #00966894 Listed on: 07/22/2022

Vista Sotheby's International Realty

Last Buyer's Agent

Matthew Engle

Vista Sotheby's International Realty License #02136845

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,193

Year Built

  • Built in 1990

Lot Details

  • 8,924 Sq Ft Lot
  • Landscaped
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 4,242 Sq Ft Home
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / 1615
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540022019

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,193

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540022019
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4242.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Built-in Features, Granite Counters, High Ceilings, Living Room Balcony, Pantry
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 980.67
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Granite Counters, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean
  • Patio And Porch Features: Covered, Patio, Tile
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Instant Hot Water, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 8924.00
  • Lot Size Acres: 0.2049

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8924.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1615
  • Tax Census Tract: 6703.24
  • Tax Lot: 20
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2010
Sold by
Hoa Phil Hui Bon
Bought by
Hoa Phil Hui Bon
Current Estimated Value
$4,719,687

Purchase Details

Closed on
Oct 8, 2009
Sold by
Hui Bon Hoa Jeamel
Bought by
Hui Bon Hoa Phil

Purchase Details

Closed on
Mar 2, 2002
Sold by
Phil Hui Bon Hoa
Bought by
Phi Hui Bon Hoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Outstanding Balance
$446,553
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,273,134

Purchase Details

Closed on
Feb 21, 2002
Sold by
Hui Bon Hoa Phi and Hui Bon Hoa Jeamel
Bought by
Hui Bon Hoa Phil and Hui Bon Hoa Jeamel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Outstanding Balance
$446,553
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,273,134

Purchase Details

Closed on
Oct 2, 1998
Sold by
Saroyan John and Saroyan Diana
Bought by
Hui Bon Hoa Phil and Hui Bon Hoa Jeamel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hoa Phil Hui Bon -- None Available
Hui Bon Hoa Phil -- None Available
Hui Bon Hoa Phil -- None Available
Phi Hui Bon Hoa -- American Coast Title Co Inc
Hui Bon Hoa Phil -- --
Hui Bon Hoa Phil $1,460,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hui Bon Hoa Phil $1,155,000
Closed Hui Bon Hoa Phil $1,168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $4,160,000 -7.5% $981 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $4,498,000 -6.3% $1,060 / Sq Ft
07/22/2022 07/22/22 For Sale $4,798,000 -- $1,131 / 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 $48,193 $4,328,064 $2,725,848 $1,602,216
2024 $48,193 $4,243,200 $2,672,400 $1,570,800
2023 $47,525 $4,160,000 $2,620,000 $1,540,000
2022 $24,930 $2,156,847 $944,726 $1,212,121
2021 $24,918 $2,114,556 $926,202 $1,188,354
2020 $24,589 $2,092,874 $916,705 $1,176,169
2019 $23,873 $2,051,838 $898,731 $1,153,107
2018 $23,726 $2,011,607 $881,109 $1,130,498
2016 $22,512 $1,933,496 $846,896 $1,086,600
2015 $22,277 $1,904,454 $834,175 $1,070,279
2014 $21,942 $1,867,149 $817,835 $1,049,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22154087

California Regional Multiple Listing Service (CRMLS)

APN: 7540-022-019