NOT LISTED FOR SALE

Estimated Value: $2,808,000 - $3,233,000

3 Beds
3.5 Baths
2,106 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $2,538,800 $1,206 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $18,916/month

4 Days on Market

Highlights

  • Coastline Views
  • Private Pool
  • Bonus Room
  • Montemalaga Elementary School Rated A+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of April 2021

Spectacular unobstructed ocean, coastline, whitewater, Santa Monica Bay, Downton Los Angeles, city lights, mountains and Queen's necklace will be yours forever! This is a tremendous opportunity to own this beautiful home in this incredible quiet location, with short distance to local surf spots and beaches, tide pools, sand of the beach. The wonderful west facing back yard is a great private place to relax or entertain family and friends. This home provides the opportunity for the right individual to create the home of their dreams.
Ideally located with convenient off the hill access, it also offers proximity to charming Malaga Cove Plaza, Palos Verdes Beach and Athletic Club. You are sure to be mesmerized by the ever changing views from almost every room.
Walls of glass to capture the most amazing views everywhere in the house. Unique floor plan with two spacious master suites, one on entry level and one on lower level where most of the living area is located. Rotunda living room, banks of windows to capture the view, large pool,
This home is located in prestigious Malaga Cove area of Palos Verdes Estates. This home features 3 bedrooms, bonus room, 3.5 baths, two fireplaces, Family room and large private patio. Palos Verdes lifestyle beautiful beaches, surfing, golf, tennis and even an equestrian facility. Here is your chance to make your dream come true.

Last Agent to Sell the Property

Tuba Ghannadi

Estate Properties License #00922882 Listed on: 02/25/2021

Estate Properties

Last Buyer's Agent

Sally Soliman

Coldwell Banker Realty License #02026671

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,863

Year Built

  • Built in 1975

Lot Details

  • 5,736 Sq Ft Lot
  • Landscaped
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Coastline
  • City Lights

Interior Spaces

  • 2,106 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 17 / 1538
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540025016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,863

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540025016
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2106.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1205.51
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights, Coastline
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5736.00
  • Lot Size Acres: 0.1317

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5736.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1538
  • Tax Census Tract: 6703.24
  • Tax Lot: 17
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 10, 2021
Sold by
Sabet Peyman Farihang and Sabet Peyman Mahbanoo
Bought by
Soliman Shahinaz Ezzat
Seller's Agent
Tuba Ghannadi
Estate Properties
Buyer's Agent
Sally Soliman
Coldwell Banker Realty
List Price
$2,488,000
Sold Price
$2,538,800
Premium/Discount to List
$50,800
2.04%
Current Estimated Value
$2,999,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,834
Avg. Annual Appreciation
3.91%
Original Mortgage
$1,999,999
Outstanding Balance
$1,877,616
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,122,018

Purchase Details

Closed on
Sep 30, 2014
Sold by
Sabet Peyman Farhang
Bought by
Farhang & Mahbanoo Sabet Peyman Family T

Purchase Details

Closed on
Dec 24, 2003
Sold by
Bolstad Joseph C
Bought by
Sabet Peyman Farhang and Sabet Peyman Mahbanoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 1997
Sold by
Bolstad Edgar B
Bought by
Bolstad Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
7.45%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Soliman Shahinaz Ezzat $2,539,000 Chicago Title Company
Farhang & Mahbanoo Sabet Peyman Family T -- None Available
Sabet Peyman Farhang $1,210,000 Equity Title Company
Bolstad Edgar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soliman Shahinaz Ezzat $1,999,999
Previous Owner Sabet Peyman Farhang $349,500
Previous Owner Sabet Peyman Farhang $371,815
Previous Owner Sabet Peyman Farhang $950,000
Previous Owner Bolstad Edgar B $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $2,538,800 -0.4% $1,206 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $2,548,800 +2.4% $1,210 / Sq Ft
02/25/2021 02/25/21 For Sale $2,488,000 0.0% $1,181 / Sq Ft
02/15/2019 02/15/19 Rented $6,700 -2.9% --
01/11/2019 01/11/19 For Rent $6,900 -- --
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 $30,863 $2,748,293 $2,164,864 $583,429
2024 $30,863 $2,694,406 $2,122,416 $571,990
2023 $30,349 $2,641,575 $2,080,800 $560,775
2022 $28,823 $2,589,780 $2,040,000 $549,780
2021 $18,891 $1,611,888 $1,167,055 $444,833
2020 $18,638 $1,595,361 $1,155,089 $440,272
2019 $18,091 $1,564,081 $1,132,441 $431,640
2018 $17,953 $1,533,414 $1,110,237 $423,177
2016 $17,047 $1,473,872 $1,067,126 $406,746
2015 $16,867 $1,451,734 $1,051,097 $400,637
2014 $16,616 $1,423,298 $1,030,508 $392,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21039331

California Regional Multiple Listing Service (CRMLS)

APN: 7540-025-016