NOT LISTED FOR SALE

Estimated Value: $2,773,000 - $3,661,000

5 Beds
6 Baths
3,452 Sq Ft
$942/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $2,400,000 $695 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $19,814/month

2 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Heated Infinity Pool
  • Dapplegray Elementary School Rated A+
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of June 2016

This gorgeous custom estate is located at the end of a private cull de sac street with PANORAMIC VIEWS! Completely renovated and nestled in a private, quiet area is this amazing opportunity to set roots in this great neighborhood. Every feature of this 5 bedroom, 6 bath home is custom crafted from it's soaring vaulted ceilings to the distressed hardwood floors. The exquisite entry leads to an open floor plan highlighting an enormous plate glass window to enjoy the breathtaking panoramic ocean, city, mountain and coastline views. The gourmet kitchen, great room and living rooms are lined with French doors that open to a spectacular backyard with infinity edge pebble tec pool, oversized pebble tec spa that cascades into the pool, huge gas fire pit and two barbecues with a granite counter. There is a separate attached guest house with its own entrance, a sports court, and a professional gym that even Arnold would envy. This is a custom masterpiece that truly has it all! Convenient location where kids can walk to award winning schools, the library, and the plaza. It is hard to believe you are in Los Angeles County when you arrive at this grand estate, yet only 8 minutes to the freeway, making for an easy commute.

Last Agent to Sell the Property

Bill Ruth

Coastal Legacy Realty Group License #01047519 Listed on: 04/25/2016

Last Buyer's Agent

Wendy Sun

Estate Properties License #01729186

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,414

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 133 x 255
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Paved or Partially Paved Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • Views of Vincent Thomas Bridge
  • Bridge
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Pool

Home Design

  • Custom Home
  • Traditional Architecture
  • Additions or Alterations
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 3,452 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Dry Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Workshop
  • Storage
  • Laundry Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Country Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Alarm System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • Pebble Pool Finish
  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Waterfall Pool Feature

Outdoor Features

  • Sport Court
  • Stone Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Conventional Septic

Additional Features

  • Attached Guest House
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 67072
  • Assessor Parcel Number 7556016007

Community Details

Recreation

  • Horse Trails

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,414

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7556016007
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3452.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Wired for Data, Dry Bar, Copper Plumbing Full, Granite Counters, Home Automation System, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Country Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Fire Pit, Living Room
  • Levels: One
  • Price Per Square Foot: 695.25
  • Room Type: Entry, Family Room, Foyer, Guest/Maid's Quarters, Great Room, Exercise Room, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Office, Workshop
  • Spa Features: Heated, In Ground, Private
  • Window Features: Casement Windows, Custom Covering, Drapes, Double Pane Windows
  • Bathroom Features: Bidet, Bathtub, Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Attached, Outbuilding, Sport Court Private, Shed(s)
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Bridge(s), City Lights, Canyon, Coastline, Harbor, Mountain(s), Ocean, Panoramic, Pool, Trees/Woods, Vincent Thomas Bridge, Water
  • Patio And Porch Features: Deck, Patio, Stone
  • Pool Features: Filtered, Heated, Gas Heat, In Ground, Infinity, Pebble, Private, Waterfall
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway, Garage Faces Front, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Disposal, Gas Water Heater, High Efficiency Water Heater, Range Hood, Microwave, Trash Compactor, Tankless Water Heater, Vented Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Inside, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Electric, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn, Landscaped, Lot 20000-39999 Sqft, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Near Public Transit, Yard
  • Lot Size: 133 x 255
  • Lot Size Sq Ft: 34153.00
  • Price Per Lot Square Foot: 70.27

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 67072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 9, 2016
Sold by
Garcia Stephen M and Garcia Dana Lorentzen
Bought by
Chen Joy and Jeng Alexander Wai
Seller's Agent
Bill Ruth
Coastal Legacy Realty Group
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$2,400,000
Sold Price
$2,400,000
Current Estimated Value
$3,251,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,506
Avg. Annual Appreciation
3.29%
Original Mortgage
$950,000
Outstanding Balance
$754,537
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$2,496,969

Purchase Details

Closed on
Jul 19, 2001
Sold by
Garcia Stephen M and Garcia Dana Lorentzen
Bought by
Garcia Stephen M and Garcia Dana Lorentzen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 2001
Sold by
Garcia Stephen M and Garcia Dana Lorentzen
Bought by
Garcia Stephen M and Garcia Dana Lorentzen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2000
Sold by
Garcia Stephen M
Bought by
Garcia Stephen M and Garcia Dana Lorentzen

Purchase Details

Closed on
Mar 31, 1999
Sold by
Garcia Dana M
Bought by
Garcia Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7.12%

Purchase Details

Closed on
Feb 11, 1999
Sold by
Graham David C and Graham Alta K
Bought by
Garcia Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7.12%
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
Chen Joy $2,390,000 None Available
Garcia Stephen M -- Fidelity National Title Co
Garcia Stephen M -- Fidelity National Title Co
Garcia Stephen M -- --
Garcia Stephen M -- --
Garcia Stephen M -- Southland Title
Garcia Stephen M $745,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joy $950,000
Previous Owner Garcia Stephen M $175,000
Previous Owner Garcia Stephen M $596,000
Closed Garcia Stephen M $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $2,400,000 0.0% $695 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $2,400,000 -- $695 / 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 $31,414 $2,829,270 $1,882,234 $947,036
2024 $31,414 $2,773,795 $1,845,328 $928,467
2023 $30,937 $2,719,408 $1,809,146 $910,262
2022 $29,312 $2,666,087 $1,773,673 $892,414
2021 $29,239 $2,613,812 $1,738,896 $874,916
2019 $27,948 $2,536,286 $1,687,320 $848,966
2018 $27,508 $2,486,556 $1,654,236 $832,320
2016 $17,114 $1,547,612 $743,336 $804,276
2015 $17,137 $1,524,367 $732,171 $792,196
2014 $16,908 $1,494,507 $717,829 $776,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16086998

California Regional Multiple Listing Service (CRMLS)

APN: 7556-016-007