Landlord's Agent in 2020
Helen Chan
IRN REALTY
(626) 447-5100
25 Total Sales
708 Via Somonte Palos Verdes Estates, CA 90274
Estimated Value: $2,680,272 - $3,585,000
3
Beds
2
Baths
2,091
Sq Ft
$1,413/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Spa
- Main Floor Bedroom
- Montemalaga Elementary School Rated A+
- Panoramic View
- No HOA
About This Home
As of October 2020Most desirable beautiful water front view home in Palos Verdes Estates. Panoramic queen's necklace, ocean, whitewater and beach views from every major room in this warm, contemporary home will welcome you to coastal living. Filled with custom craftsmanship and detailing throughout, including beautiful tile work in bathrooms and kitchen, Portuguese terra cotta tile flooring, limestone fireplace and accents, solid oak paneled ceilings, solid oak doors, windows and cabinetry and custom built-ins, as well as walls of glass with bi-folding, French doors spanning both levels of the back (ocean facing) side of this home which promote true indoor/outdoor living! From the moment you enter, you will be lulled by the Zen feeling this home exudes and by the sounds and sight of the sea. Outside, enjoy a terraced backyard with large, tiled patio overlooking the sea, tropical landscaping and a private and secluded spa with more custom tile work. A huge deck off the upstairs bedrooms boasts forever views of the entire bay toward Malibu and is the perfect place to unwind at the end of the day and watch the sunset! Chandelier at entry door. Master suite up stair and a second bedroom also up stair, one bedroom down stair and a family room could be a den, office, game room or a 4th bedroom setup. Close to Malaga Cove, hiking trails, restaurants, private family clubs, the beach, Peninsula Center and Riverian Village. A must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,498
Year Built
- Built in 1953
Lot Details
- 5,522 Sq Ft Lot
- Garden
- Front Yard
- Property is zoned PVR1YY
Parking
- 2 Car Attached Garage
Property Views
- Panoramic
- City Lights
Interior Spaces
- 2,091 Sq Ft Home
- 2-Story Property
- Furniture Can Be Negotiated
- Family Room
- Living Room with Fireplace
- Dining Room
- Tile Countertops
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Pool
- Spa
Schools
- Palos Verdes High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Security Deposit $5,300
- 12-Month Minimum Lease Term
- Available 10/12/20
- Legal Lot and Block 25 / 1516
- Tax Tract Number 6884
- Assessor Parcel Number 7540024025
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2014
Closed on
Mar 9, 2015
Sold by
Millican Wallace Harlan
Bought by
Wei Ling and Yang Naihuan
Seller's Agent
Kevin Apor
Apor Properties
Buyer's Agent
Helen Chan
IRN REALTY
List Price
$2,259,000
Sold Price
$2,020,000
Premium/Discount to List
-$239,000
-10.58%
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
$1,054,748
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,400,000
Outstanding Balance
$522,532
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$2,432,286
Purchase Details
Closed on
Mar 30, 2001
Sold by
Armour John Stephen
Bought by
Millican Wallace Harlan
Purchase Details
Closed on
Mar 3, 1997
Sold by
Cedergreen Trust Cedergreen Robert And Donna
Bought by
Armour John Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 1993
Sold by
Cedergreen Robert E and Cedergreen Donna L
Bought by
Cedergreen Robert E and Cedergreen Donna L
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 |
|---|---|---|---|
| Wei Ling | $2,020,000 | Chicago Title Company | |
| Millican Wallace Harlan | $900,000 | Continental Title | |
| Armour John Stephen | $849,000 | Continental Lawyers Title Co | |
| Cedergreen Robert E | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wei Ling | $1,400,000 | |
| Previous Owner | Millican Wallace Harlan | $120,000 | |
| Previous Owner | Armour John Stephen | $679,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2020 10/12/20 | Rented | $5,300 | 0.0% | -- |
| 10/11/2020 10/11/20 | For Rent | $5,300 | -8.6% | -- |
| 10/29/2018 10/29/18 | Rented | $5,800 | -6.5% | -- |
| 10/05/2018 10/05/18 | Price Changed | $6,200 | -8.8% | $3 / Sq Ft |
| 08/16/2018 08/16/18 | Price Changed | $6,800 | -9.3% | $3 / Sq Ft |
| 08/01/2018 08/01/18 | For Rent | $7,500 | 0.0% | -- |
| 04/14/2015 04/14/15 | Sold | $2,020,000 | -7.1% | $966 / Sq Ft |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- |
| 01/20/2015 01/20/15 | Price Changed | $2,175,000 | -3.7% | $1,040 / Sq Ft |
| 10/25/2014 10/25/14 | For Sale | $2,259,000 | -- | $1,080 / 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 | $27,498 | $2,427,730 | $2,043,141 | $384,589 |
| 2024 | $27,498 | $2,380,129 | $2,003,080 | $377,049 |
| 2023 | $27,031 | $2,333,460 | $1,963,804 | $369,656 |
| 2022 | $25,678 | $2,287,707 | $1,925,299 | $362,408 |
| 2021 | $25,682 | $2,242,851 | $1,887,549 | $355,302 |
| 2020 | $25,336 | $2,219,854 | $1,868,195 | $351,659 |
| 2019 | $24,576 | $2,176,328 | $1,831,564 | $344,764 |
| 2018 | $24,516 | $2,133,655 | $1,795,651 | $338,004 |
| 2016 | $23,247 | $2,050,805 | $1,725,925 | $324,880 |
| 2015 | $12,485 | $1,034,979 | $411,001 | $623,978 |
| 2014 | $12,303 | $1,014,707 | $402,951 | $611,756 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2018
Patrick Lademan
RE/MAX
(310) 995-1117
22 Total Sales
-
Seller's Agent in 2015
Kevin Apor
Apor Properties
(310) 346-4256
1 in this area
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS20214527
APN: 7540-024-025
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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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