k
Seller's Agent in 2021
kevin park
Keller Williams South Bay
(310) 375-3511
1 in this area
44 Total Sales
701 Via Somonte Palos Verdes Estates, CA 90274
Estimated Value: $2,585,000 - $2,920,000
3
Beds
2.5
Baths
1,976
Sq Ft
$1,390/Sq Ft
Est. Value
Highlights
- Ocean View
- Golf Course Community
- Hiking Trails
- Montemalaga Elementary School Rated A+
- No HOA
- 2 Car Attached Garage
About This Home
As of January 2021Welcome to 701 Via Somonte. This extensively renovated Spanish beauty designed by renowned architect Arthur C. Munson nestled in Malaga Cove has spectacular views of The Queen’s Necklace & ocean views throughout. The home is filled with an ocean breeze, natural sunlight & Spanish charm. The elevated backyard is perfect for an evening glass of wine, watching the beautiful sunset. Outside, you will find a bamboo grove, cherry tree, artichoke tree, lemon tree & a couple of avocado trees for your fresh guacamole. Some of the recent renovations, updates & details include: remodeled bedrooms & bathrooms, updated kitchen w/ all stainless steel KitchenAid and Thermador appliances, quartz countertop, a 3rd bedroom conversion, porcelain herringbone tiles for front courtyard, new driveway curb & gutter, electrical system, new air duct system, new furnace, new garage floor & garage door, updated plumbing, newer roof, alarm system, seismic retrofitting, ceilings redone, new landscaping, glass panes in many windows, new mini bar in family room w/ Carrara marble countertop, Nest thermostat, new interior & exterior lighting fixtures, new retaining wall, new mailbox, new doors, retiled hot tub & many more… There is a bonus room downstairs that is not part of the square footage. You can build above the garage for additional living space. Minutes from Malaga Cove Plaza & the Riviera Village.
Last Agent to Sell the Property
Keller Williams South Bay License #01427224 Listed on: 11/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,377
Year Built
- Built in 1941
Lot Details
- 8,550 Sq Ft Lot
- Back Yard
- Property is zoned PVR1*
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,976 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Ocean Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 13 / 1538
- Tax Tract Number 6884
- Assessor Parcel Number 7540025012
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Water Sports
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2020
Closed on
Jan 5, 2021
Sold by
Fouce Paula
Bought by
Mindur Oliver and Brosseau Kristen
Seller's Agent
kevin park
Keller Williams South Bay
Buyer's Agent
Daniel Assayag
Vista Sotheby’s International Realty
List Price
$2,170,000
Sold Price
$2,150,000
Premium/Discount to List
-$20,000
-0.92%
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
$596,523
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,720,000
Outstanding Balance
$1,535,106
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,211,417
Purchase Details
Listed on
Nov 3, 2020
Closed on
Dec 28, 2020
Sold by
Fouce Paula
Bought by
Mindur Oliver and Brosseau Kristen
Seller's Agent
kevin park
Keller Williams South Bay
Buyer's Agent
Daniel Assayag
Vista Sotheby’s International Realty
List Price
$2,170,000
Sold Price
$2,150,000
Premium/Discount to List
-$20,000
-0.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Outstanding Balance
$1,535,106
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,211,417
Purchase Details
Listed on
Jan 30, 2018
Closed on
Mar 15, 2018
Sold by
Brophy Diane
Bought by
Fouce Paula
Seller's Agent
Christophe Moerman
Vista Sotheby's International Realty
Buyer's Agent
Christophe Moerman
Vista Sotheby's International Realty
List Price
$1,550,000
Sold Price
$1,600,000
Premium/Discount to List
$50,000
3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Purchase Details
Closed on
Mar 2, 2017
Sold by
Brophy Diane
Bought by
Brophy Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,500
Interest Rate
4.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 30, 2002
Sold by
Brophy Diane
Bought by
Brophy Diane
Purchase Details
Closed on
Oct 18, 2001
Sold by
Schutter Robby
Bought by
Brophy Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 19, 2001
Sold by
Shaffer Walter G and Shaffer Carol Ann
Bought by
Brophy Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 27, 1995
Sold by
Shaffer Walter G and Shaffer Carol Ann
Bought by
Shaffer Walter G and Shaffer Carol Ann
Purchase Details
Closed on
Aug 17, 1993
Sold by
Skurdahl Dale M and Skurdahl Hilda G
Bought by
Shaffer Walter G and Shaffer Carol Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Mindur Oliver | $2,150,000 | First American Title Company | |
| Mindur Oliver | $2,150,000 | First American Title Company O | |
| Fouce Paula | $1,600,000 | North American Title Company | |
| Brophy Diane | -- | Chicago Title Company | |
| Brophy Diane | -- | Chicago Title Company | |
| Brophy Diane | -- | Chicago Title Company | |
| Brophy Diane | -- | -- | |
| Brophy Diane | -- | Equity Title | |
| Brophy Diane | $930,000 | Equity Title | |
| Shaffer Walter G | -- | -- | |
| Shaffer Walter G | $562,500 | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mindur Oliver | $1,720,000 | |
| Closed | Mindur Oliver | $1,720,000 | |
| Previous Owner | Brophy Diane | $659,500 | |
| Previous Owner | Brophy Diane | $600,000 | |
| Previous Owner | Shaffer Walter G | $425,000 | |
| Closed | Shaffer Walter G | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/25/2021 01/25/21 | Sold | $2,150,000 | -0.9% | $1,088 / Sq Ft | |
| 12/22/2020 12/22/20 | Pending | -- | -- | -- | |
| 11/03/2020 11/03/20 | For Sale | $2,170,000 | +35.6% | $1,098 / Sq Ft | |
| 03/27/2018 03/27/18 | Sold | $1,600,000 | +3.2% | $812 / Sq Ft | View Prior Sale |
| 03/08/2018 03/08/18 | Pending | -- | -- | -- | |
| 03/08/2018 03/08/18 | For Sale | $1,550,000 | -- | $787 / Sq Ft |
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 | $26,377 | $2,327,227 | $1,861,782 | $465,445 |
| 2024 | $26,377 | $2,281,596 | $1,825,277 | $456,319 |
| 2023 | $25,925 | $2,236,860 | $1,789,488 | $447,372 |
| 2022 | $24,628 | $2,193,000 | $1,754,400 | $438,600 |
| 2021 | $19,620 | $1,681,885 | $1,345,508 | $336,377 |
| 2020 | $19,357 | $1,664,640 | $1,331,712 | $332,928 |
| 2019 | $18,785 | $1,632,000 | $1,305,600 | $326,400 |
| 2018 | $14,387 | $1,207,460 | $965,972 | $241,488 |
| 2016 | $13,659 | $1,160,574 | $928,463 | $232,111 |
| 2015 | $13,513 | $1,143,142 | $914,517 | $228,625 |
| 2014 | $13,316 | $1,120,750 | $896,603 | $224,147 |
Source: Public Records
Agents Affiliated with this Home
-
kevin park
-
Lianne Gallardo
Seller Co-Listing Agent in 2021
Lianne Gallardo
Keller Williams South Bay
(310) 918-0020
1 in this area
46 Total Sales
-
Daniel Assayag
Buyer's Agent in 2021
Daniel Assayag
Vista Sotheby’s International Realty
(310) 493-2100
2 in this area
49 Total Sales
-
C
Seller's Agent in 2018
Christophe Moerman
Vista Sotheby's International Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20232115
APN: 7540-025-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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