NOT LISTED FOR SALE

Estimated Value: $4,577,366 - $5,504,000

5 Beds
6 Baths
4,834 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $2,765,000 $572 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $30,805/month

4 Days on Market

Highlights

  • Horse Property Unimproved
  • Property Fronts a Bay or Harbor
  • Filtered Pool
  • Dapplegray Elementary School Rated A+
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of July 2014

Spectacular home in "The Lanes" featuring 5 bedrooms, 6 baths, views and an entertainers yard with a sparking pool, spa and lighted regulation size paddle tennis court and a fun gazebo. Enter the circular driveway of this almost 3/4 acre usable property and you will see the utmost in curb appeal and traditional style. The double door entry opens to a two story living room with a fireplace, and a large formal dining room that opens to a usable outdoor deck for al fresco dining. The massive center island kitchen opens to the family room that runs the width of the house and has another fireplace. The master suite has yet another fireplace, walk-in closet, double sink vanity, separate tub and shower, private deck and great views. Each of the other four bedrooms have their own bathrooms and there is another powder bath for your guests. A well thought out house and yard that families wait years to find.

Last Agent to Sell the Property

Bill Ruth

Coastal Legacy Realty Group License #01047519 Listed on: 06/02/2014

Co-Listed By

Charles Raine

Coastal Legacy Realty Group License #00982925

Last Buyer's Agent

Lina Zhang

RE/MAX PREMIER/SANMARINO License #01188114

RE/MAX PREMIER/SANMARINO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,726

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 0.74 Acre Lot
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Split Rail Fence
  • Wood Fence
  • Chain Link Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Harbor
  • Bridge
  • City Lights
  • Golf Course
  • Hills
  • Park or Greenbelt
  • Pool

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,834 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Custom Window Coverings
  • Bay Window
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Home Gym

Kitchen

  • Eat-In Country Kitchen
  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • <<doubleOvenToken>>
  • Six Burner Stove
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Solar Heated Spa

Outdoor Features

  • Sport Court
  • Wood patio
  • Exterior Lighting
  • Gazebo
  • Wrap Around Porch

Additional Features

  • Accessible Parking
  • Property is near a clubhouse
  • Horse Property Unimproved
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 6702
  • Assessor Parcel Number 7551023008

Community Details

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,726

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Updated/Remodeled, Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7551023008
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4834.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Storage, Wired for Sound, Tile Counters, Two Story Ceilings, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Country Kitchen, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 571.99
  • Room Type: Entry, Family Room, Foyer, Guest/Maid's Quarters, Great Room, Exercise Room, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Retreat, Wine Cellar
  • Spa Features: Gunite, In Ground, Private, Solar Heated
  • Window Features: Bay Window(s), Custom Covering, Drapes, Storm Window(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Gazebo, Sport Court Private
  • Exterior Features: Lighting
  • View: Bridge(s), City Lights, Golf Course, Harbor, Hills, Park/Greenbelt, Pool
  • Fence: Yes
  • Fencing: Chain Link, Good Condition, Split Rail, Wood
  • Patio And Porch Features: Wrap Around, Wood
  • Pool Features: Filtered, Gunite, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Circular Driveway, Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Private, Garage - Single Door, Built-In Storage
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Freezer, Disposal, Gas Cooktop, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Community Features: Horse Trails

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Close to Clubhouse, Front Yard, Garden, Gentle Sloping, Horse Property Unimproved, Landscaped, Rectangular Lot, Lot 20000-39999 Sqft, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 31995.00
  • Lot Size Acres: 0.7350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31995.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 112
  • Tax Tract Number: 6702.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jul 29, 2014
Sold by
Brown David S and Brown Joan B
Bought by
Zhao Xiaoming and Wu Yan
Seller's Agent
Bill Ruth
Coastal Legacy Realty Group
Buyer's Agent
Lina Zhang
RE/MAX PREMIER/SANMARINO
List Price
$2,795,000
Sold Price
$2,765,000
Premium/Discount to List
-$30,000
-1.07%
Current Estimated Value
$5,017,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,252,592
Avg. Annual Appreciation
5.65%
Original Mortgage
$1,956,500
Outstanding Balance
$1,435,427
Interest Rate
2.74%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,616,486

Purchase Details

Closed on
Oct 28, 1999
Sold by
Brown David S and Brown Joan B
Bought by
Brown David S and Brown Joan B

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
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1999
Sold by
Brown David S and Brown Joan B
Bought by
Brown David S and Brown Joan B

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
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1997
Sold by
Brown David S and Brown Joan B
Bought by
Brown David S and Brown Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1997
Sold by
Berry Robert M
Bought by
Brown David S and Brown Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
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
Zhao Xiaoming $2,765,000 Progressive
Brown David S -- Progressive Title Company
Brown David S -- Progressive Title Company
Brown David S -- Chicago Title Insurance
Brown David S $980,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Xiaoming $1,956,500
Previous Owner Brown David S $246,700
Previous Owner Brown David S $979,000
Previous Owner Brown David S $986,000
Previous Owner Brown David S $1,000,000
Previous Owner Brown David S $49,000
Previous Owner Brown David S $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $2,765,000 -1.1% $572 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $2,795,000 -- $578 / 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
2024 $36,726 $3,257,950 $2,356,567 $901,383
2023 $36,173 $3,194,069 $2,310,360 $883,709
2022 $34,274 $3,131,441 $2,265,059 $866,382
2021 $34,181 $3,070,042 $2,220,647 $849,395
2020 $33,710 $3,038,563 $2,197,877 $840,686
2019 $32,671 $2,978,984 $2,154,782 $824,202
2018 $32,379 $2,920,574 $2,112,532 $808,042
2016 $30,742 $2,807,166 $2,030,500 $776,666
2015 $30,438 $2,765,000 $2,000,000 $765,000
2014 $16,378 $1,434,346 $1,016,002 $418,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14114887

California Regional Multiple Listing Service (CRMLS)

APN: 7551-023-008