NOT LISTED FOR SALE

Estimated Value: $3,354,000 - $3,748,000

4 Beds
2.5 Baths
2,858 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $2,395,000 $838 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $21,216/month

72 Days on Market

Highlights

  • Ocean View
  • Heated Spa
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2018

NEW PRICE! Magnificent views and modern luxury define this 4 bedroom 3 bath split-level home on a beautifully landscaped 12,944 corner lot. Located on the hillside below the Iconic La Venta Inn in the picturesque red-tiled roof neighborhood of Malaga Cove in Palos Verdes Estates, you are close enough to access the many amenities of the South Bay and Los Angeles, yet far enough away to escape the commotion of the city. Guests are welcomed to the home by a circular driveway and a large stone patio entry, while lush landscaping and a fountain bring a sense of elegance and privacy. Inside, entertainers will delight in the open floor plan, featuring ocean and city lights views. Every detail was carefully selected and quality crafted. Highlights include a chef’s kitchen with premium finishes, professional grade appliances, and a 8’ long island. Travertine floors, wood beams, and designer lighting complete the space. Relax in style in the 600 square foot living room with ocean views and fireplace. The dining room with vaulted ceilings opens to a private patio with fire pit and spa. Upstairs features 4 bedrooms with a spacious master retreat complete with a spa-tub and a large shower, as well as sliding doors that open to a private deck. Outside, the impeccably sculpted yard provides a private sanctuary to enjoy the views or room to play with the kids. This is one property you must see in person to appreciate!

Last Agent to Sell the Property

Kyle Daniels

Vista Sotheby’s International Realty License #01843670 Listed on: 04/02/2018

Vista Sotheby’s International Realty

Last Buyer's Agent

Jeremy Shelton

Pacifica Properties Group, Inc. License #01416145

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,402

Year Built

  • Built in 1954

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • City Lights

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,858 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected

Community Details

  • Property has a Home Owners Association
  • Palos Verdes Homes Association, Phone Number (310) 373-6721

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7112
  • Assessor Parcel Number 7540029001

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,402

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Wine Fridge, Washer and Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540029001
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2858.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Granite Counters, Open Floorplan, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 165.00 Square Feet
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 838.00
  • Room Type: All Bedrooms Up, Entry, Family Room, Living Room, Master Suite, Utility Room, Walk-In Closet
  • Spa Features: Above Ground, Heated
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Jetted Tub, Stone Counters
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Exterior Features: Lighting
  • View: City Lights, Ocean
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Trash Compactor
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Name: Palos Verdes Homes Association
  • Phone: 310-373-6721
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 12944.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6703.24
  • Tax Lot: 1
  • Tax Tract Number: 7112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 19, 2018
Sold by
Mcdonald Ian Scott and Mcdonald Elizabeth Eve
Bought by
Akin Robert M and Akin Sarah E
Seller's Agent
Kyle Daniels
Vista Sotheby’s International Realty
Buyer's Agent
Jeremy Shelton
Pacifica Properties Group, Inc.
List Price
$2,499,000
Sold Price
$2,395,000
Premium/Discount to List
-$104,000
-4.16%
Current Estimated Value
$3,523,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,687
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,300,000
Outstanding Balance
$1,108,648
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,415,039

Purchase Details

Closed on
Dec 3, 2013
Sold by
Mcdonald Ian S and Mcdonald Elizabeth E
Bought by
Mcdonald Ian Scott and Mcdonald Elizabeth Eve

Purchase Details

Listed on
May 28, 2012
Closed on
Aug 6, 2012
Sold by
Radford Marilyn M
Bought by
Mcdonald Ian S and Mcdonald Elizabeth E
Seller's Agent
Marilyn Radford
Keller Williams Palos Verdes
Buyer's Agent
Barbara Pazanowski
Call Realty
List Price
$1,649,000
Sold Price
$1,585,000
Premium/Discount to List
-$64,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$1,268,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2011
Sold by
Maneri Salvatore and Radford Marilyn M
Bought by
Radford Marilyn M

Purchase Details

Closed on
Feb 28, 2011
Sold by
Maneri Salvatore and Radford Marilyn M
Bought by
Radford Marilyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Beaman Constance D
Bought by
Radford Marilyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1994
Sold by
Beaman Constance D
Bought by
Beaman Constance D
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
Akin Robert M $2,395,000 Western Resources Title Comp
Mcdonald Ian Scott -- None Available
Mcdonald Ian S $1,585,000 Old Republic Title Company
Radford Marilyn M -- None Available
Maneri Salvatore -- None Available
Radford Marilyn M -- None Available
Maneri Salvatore -- Fidelity Van Nuys
Radford Marilyn M $1,200,000 Equity Title Company
Radford Marilyn M -- --
Beaman Constance D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akin Robert M $1,300,000
Previous Owner Mcdonald Ian S $1,268,000
Previous Owner Maneri Salvatore $729,750
Previous Owner Radford Marilyn M $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $2,395,000 0.0% $838 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $2,395,000 -4.2% $838 / Sq Ft
04/02/2018 04/02/18 For Sale $2,499,000 +57.7% $874 / Sq Ft
09/18/2012 09/18/12 Sold $1,585,000 -3.9% $557 / Sq Ft
08/31/2012 08/31/12 Price Changed $1,649,000 0.0% $580 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $1,649,000 -- $580 / 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 $30,402 $2,671,663 $2,137,332 $534,331
2024 $30,402 $2,619,278 $2,095,424 $523,854
2023 $29,899 $2,567,921 $2,054,338 $513,583
2022 $28,412 $2,517,570 $2,014,057 $503,513
2021 $28,408 $2,468,207 $1,974,566 $493,641
2020 $28,028 $2,442,900 $1,954,320 $488,580
2019 $27,193 $2,395,000 $1,916,000 $479,000
2018 $20,130 $1,715,379 $1,372,304 $343,075
2016 $19,109 $1,648,771 $1,319,017 $329,754
2015 $18,908 $1,624,006 $1,299,205 $324,801
2014 $18,628 $1,592,195 $1,273,756 $318,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18074882

California Regional Multiple Listing Service (CRMLS)

APN: 7540-029-001