NOT LISTED FOR SALE

Estimated Value: $2,953,048 - $3,357,000

5 Beds
5 Baths
4,632 Sq Ft
$681/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $2,070,000 $447 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $19,296/month

32 Days on Market

Highlights

  • Spa
  • City Lights View
  • Fireplace in Primary Bedroom
  • Montemalaga Elementary School Rated A+
  • Multi-Level Bedroom
  • Contemporary Architecture

About This Home

As of September 2018

This LOWEST PRICE PER SQFT.($450) Gorgeous House in The Area Located in a very desirable area of Ranchos Palos Verdes, this immense 4632sq. ft home has some special benefit besides everything you need.The LOCATION is at the center of the mountain cities and facing south;Newly remodeled in 2016 this gorgeous house features outstanding contemporary DESIGN inside and out landscape(by owner) that is exclusive to this property! Nestled in a cul-de-sac, this property boasts 5 bedrooms, 5 bathrooms, 1 family room,1 living room,1 office entertainment room; two walking closets ;a 3-car garage , 3 fire places and brand new BBQ; Located on a mountaintop in the heart of Palos Verdes exceptional schools, shopping, restaurants, etc. are just minutes away. House features a specially designed 12-foot-high “golden stone gate” ENTRANCE. The facing south allows for a smooth flow of Chi all throughout the house; the placement of the home also ensures all rooms receive sunlight. The captivating master suite features a relax room with all flooring windows ,a spa and a balcony. Sizeable private backyard suited with a fire pit, grill, lounge area, and patio. This superb home will not disappoint!
Listing Special:LOCATION(CENTER);The Lowest SF Price (Local house) ;STYLE( RECENT REMOLD/CONTEMPORARY).

Last Agent to Sell the Property

QI GUO

REALTY ADVISORS INTL, INC. License #01506579 Listed on: 07/20/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,818

Year Built

  • Built in 1990

Lot Details

  • 10,255 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RPRS10000*

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Off-Street Parking

Property Views

  • City Lights
  • Woods
  • Mountain
  • Hills
  • Neighborhood
  • Courtyard

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Mediterranean Architecture

Interior Spaces

  • 4,632 Sq Ft Home
  • Bar
  • Two Story Ceilings
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Portable Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Spa Bath

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Tax Tract Number 44514
  • Assessor Parcel Number 7585033038

Community Details

Overview

  • Wallace Ranch Association, Phone Number (310) 370-2696

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,818

Year Built

Built in 1990

Lot Details

0

HOA Fees

$99 per month

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Number: 310-866-6880
  • Property Attached: No
  • View: Yes
  • Zoning: RPRS10000*
  • Architectural Style: Contemporary, Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7585033038
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4632.00 Square Feet
  • Interior Amenities: Balcony, Bar, Stone Counters, Storage, Two Story Ceilings, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 446.89
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Bath

Exterior Features

  • Patio: Yes
  • View: City Lights, Courtyard, Hills, Mountain(s), Neighborhood, Trees/Woods
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Off Street
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Electric Water Heater, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Portable Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Central, Electric
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 99.00
  • Association Fee Frequency: Monthly
  • Association Name: wallace ranch
  • Phone: 3103702696
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10255.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6704.07
  • Tax Lot: 70
  • Tax Tract Number: 44514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 24, 2018
Sold by
Guo Qi and Qian Elsie Liang
Bought by
Park Brian D and Hahn Eunice S
Seller's Agent
QI GUO
REALTY ADVISORS INTL, INC.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,088,000
Sold Price
$2,070,000
Premium/Discount to List
-$18,000
-0.86%
Current Estimated Value
$3,152,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,082,762
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,370,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2008
Sold by
Dadashi Hamid Michael and Dadashi Niloufar
Bought by
Guo Qi and Qian Liang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,138,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Carrizosa John G
Bought by
Ikeda Miyuki

Purchase Details

Closed on
Mar 7, 2003
Sold by
Ikeda Miyuki
Bought by
Dadashi Hamid Michael and Dadashi Niloufar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1999
Sold by
Ikeda Yutaka
Bought by
Ikeda Miyuki

Purchase Details

Closed on
May 11, 1994
Sold by
Yoshikawa Takatoshi and Yoshikawa Naomi
Bought by
Ikeda Yutaka and Ikeda Miyuki

Purchase Details

Closed on
Apr 18, 1994
Sold by
Ikeda Yutaka and Ikeda Miyuki
Bought by
Ikeda Yutaka and Ikeda Miyuki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.38%

Purchase Details

Closed on
Mar 1, 1994
Sold by
Mak Alan and Mak Shirley
Bought by
Ikeda Yutaka and Ikeda Miyuki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.38%
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
Park Brian D $2,070,000 Usa National Title Inc
Guo Qi $1,758,000 Progressive Title
Ikeda Miyuki -- Equity Title
Dadashi Hamid Michael $1,250,000 Equity Title Company
Ikeda Miyuki -- --
Ikeda Yutaka -- Provident Title
Ikeda Yutaka -- --
Ikeda Yutaka -- Provident Title
Ikeda Yutaka $860,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Brian D $1,303,000
Closed Park Brian D $1,370,000
Previous Owner Guo Qi $1,275,000
Previous Owner Guo Qi $1,138,000
Previous Owner Guo Qi $1,138,000
Previous Owner Dadashi Hamid Michael $500,000
Previous Owner Dadashi Hamid Michael $610,000
Previous Owner Ikeda Miyuki $200,000
Previous Owner Ikeda Yutaka $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $2,070,000 -0.9% $447 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $2,088,000 -- $451 / 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 $25,818 $2,309,120 $1,340,182 $968,938
2024 $25,818 $2,263,844 $1,313,904 $949,940
2023 $25,362 $2,219,456 $1,288,142 $931,314
2022 $24,069 $2,175,938 $1,262,885 $913,053
2021 $23,986 $2,133,273 $1,238,123 $895,150
2019 $22,928 $2,070,000 $1,201,400 $868,600
2018 $22,851 $2,029,443 $1,173,914 $855,529
2016 $21,620 $1,950,639 $1,128,331 $822,308
2015 $20,439 $1,822,000 $1,054,000 $768,000
2014 $20,527 $1,822,000 $1,054,000 $768,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18176000

California Regional Multiple Listing Service (CRMLS)

APN: 7585-033-038