NOT LISTED FOR SALE

8 Paseo de Castana Rancho Palos Verdes, CA 90275

Estimated Value: $2,732,000 - $2,893,000

5 Beds
5.5 Baths
4,607 Sq Ft
$614/Sq Ft Est. Value

Last Sold November 06, 2013

Last sale price $1,645,000 $357 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $17,759/month

286 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Mira Catalina Elementary School Rated A+
  • Panoramic View
  • Mediterranean Architecture

About This Home

As of November 2013

Spectacular City & Water to Water King Harbor to Long Beach Harbor 180' View. 5 Bedrooms (1 down & 4 Up) 5.5 Baths in 4607 sq ft. 4 Fireplaces in Living Room, Family Room, Recreation Room and Master Bedroom Suite. Huge Master Suite w/ Sitting Room, Fireplace, Wet Bar, Spa Tub, Large Shower, 2 Sinks, Vanity, Balcony. Each Bedroom has their own private Bathroom. Grass Yard and Pool & Spa. 3 Car Attached Garage. Panoramic View from everywhere. 24 Hour Guard in Gated Community.

Last Agent to Sell the Property

Scott Berglund

Peninsula Properties License #00399432 Listed on: 11/19/2012

Last Buyer's Agent

Scott Berglund

Peninsula Properties License #00399432 Listed on: 11/19/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,776

Year Built

  • Built in 1998

Lot Details

  • 8,339 Sq Ft Lot
  • Level Lot

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,607 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Private Water Source

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 33206
  • Assessor Parcel Number 7558001012

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,776

Year Built

Built in 1998

Lot Details

0

HOA Fees

$450 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7558001012
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4607.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Game Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 357.07
  • Room Type: Family Room
  • Spa Features: In Ground, Private

Exterior Features

  • View: City Lights, Panoramic
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Water Source: Private
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8339.00
  • Lot Size Acres: 0.1910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8339.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 33206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2016
Sold by
Chu Alan
Bought by
Chu Alan and Alan Chu Living Trust
Current Estimated Value
$2,828,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$312,813
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,515,465

Purchase Details

Closed on
Dec 16, 2016
Sold by
Chu Alan and Alan Chu Living Trust
Bought by
Chu Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$312,813
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,515,465

Purchase Details

Listed on
Nov 19, 2012
Closed on
Nov 2, 2013
Sold by
Chamberlain John R and Chamberlain Kathryn B
Bought by
Chu Alan and Alan Chu Living Trust
Seller's Agent
Scott Berglund
Peninsula Properties
Buyer's Agent
Scott Berglund
Peninsula Properties
List Price
$1,845,000
Sold Price
$1,645,000
Premium/Discount to List
-$200,000
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$1,100,000
Outstanding Balance
$306,870
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$2,521,408

Purchase Details

Closed on
Oct 31, 1997
Sold by
Shapell Industries Inc
Bought by
Chamberlain John R and Chamberlain Kathryn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.37%
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
Chu Alan -- None Available
Chu Alan -- North American Title Company
Chu Alan $1,645,000 Chicago Title Company
Chamberlain John R $1,045,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Alan $625,000
Open Chu Alan $1,100,000
Closed Chu Alan $1,100,000
Previous Owner Chamberlain John R $828,000
Previous Owner Chamberlain John R $150,000
Previous Owner Chamberlain John R $150,000
Previous Owner Chamberlain John R $100,000
Previous Owner Chamberlain John R $75,000
Previous Owner Chamberlain John R $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2013 11/06/13 Sold $1,645,000 -2.9% $357 / Sq Ft
08/17/2013 08/17/13 Price Changed $1,695,000 -15.3% $368 / Sq Ft
06/30/2013 06/30/13 Price Changed $2,000,000 -9.1% $434 / Sq Ft
06/26/2013 06/26/13 Price Changed $2,200,000 +22.6% $478 / Sq Ft
11/22/2012 11/22/12 Price Changed $1,795,000 -2.7% $390 / Sq Ft
11/19/2012 11/19/12 For Sale $1,845,000 -- $400 / 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 $22,776 $2,016,533 $1,200,114 $816,419
2024 $22,776 $1,976,994 $1,176,583 $800,411
2023 $22,363 $1,938,230 $1,153,513 $784,717
2022 $21,230 $1,900,227 $1,130,896 $769,331
2021 $21,150 $1,862,969 $1,108,722 $754,247
2019 $20,223 $1,807,715 $1,075,838 $731,877
2018 $20,041 $1,772,271 $1,054,744 $717,527
2016 $19,021 $1,703,453 $1,013,788 $689,665
2015 $18,921 $1,677,866 $998,560 $679,306
2014 $18,737 $1,645,000 $979,000 $666,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV12142324

California Regional Multiple Listing Service (CRMLS)

APN: 7558-001-012