NOT LISTED FOR SALE

Estimated Value: $2,616,000 - $3,443,000

3 Beds
2.5 Baths
2,236 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $1,792,000 $801 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $17,575/month

53 Days on Market

Highlights

  • Ocean View
  • Bamboo Flooring
  • No HOA
  • Montemalaga Elementary School Rated A+
  • L-Shaped Dining Room
  • Breakfast Bar

About This Home

As of August 2014

Stunning unobstructable panoramic coastline and ocean views from Point Mugu all the way to Downtown Los Angeles and beyond as well as the Queen’s Necklace. This home is located on a quiet street in Malaga Cove and features 3 bedrooms and 2.5 baths, 2,236 SF of living space with family room, kitchen and dining area overlooking views. Windows and glass doors throughout which allows for plenty of natural light. Upstairs houses master and 2 other bedrooms. Kitchen has large centre island, granite counter tops, Thermador Dishwasher, Viking range and a SubZero. Master suite with ocean and city views, large master bath with separate tub and shower as well as access to the patio area. All of this situated on a 9,582 square feet lot.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 05/01/2014

Last Buyer's Agent

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 05/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,622

Year Built

  • Built in 1965

Lot Details

  • 9,582

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 2,236 Sq Ft Home
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Bar

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • 9,582 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540026016

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,622

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540026016
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2236.00
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 801.43
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9582.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9582.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2020
Sold by
Lazzaro Derek and Lazzaro Cynthia
Bought by
Lazzaro Derek and Lazzaro Cynthia
Current Estimated Value
$2,927,860

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 27, 2014
Sold by
Bernstein Lloyd Gary
Bought by
Lazzaro Derek and Lazzaro Cynthia
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$1,999,000
Sold Price
$1,792,000
Premium/Discount to List
-$207,000
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$1,050,000
Outstanding Balance
$798,586
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,129,274

Purchase Details

Closed on
Aug 11, 2003
Sold by
Phillips James L
Bought by
Bernstein Lloyd Gary and Bernstein Gina Raylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 2002
Sold by
Anderson Charline B
Bought by
Charline B Anderson Trust

Purchase Details

Closed on
Aug 30, 2000
Sold by
Anderson Donald W
Bought by
Anderson Charline B and Anderson Donald W
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
Lazzaro Derek -- None Available
Lazzaro Derek $1,792,000 Lawyers Title
Bernstein Lloyd Gary $1,000,000 Land America Lawyers Title C
Charline B Anderson Trust -- --
Anderson Charline B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazzaro Derek $1,050,000
Previous Owner Bernstein Lloyd Gary $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $1,792,000 -10.4% $801 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $1,999,000 -- $894 / 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 $24,622 $2,153,706 $1,653,983 $499,723
2024 $24,622 $2,111,477 $1,621,552 $489,925
2023 $24,195 $2,070,076 $1,589,757 $480,319
2022 $22,993 $2,029,487 $1,558,586 $470,901
2021 $22,997 $1,989,694 $1,528,026 $461,668
2020 $22,688 $1,969,293 $1,512,358 $456,935
2019 $22,014 $1,930,680 $1,482,704 $447,976
2018 $21,937 $1,892,825 $1,453,632 $439,193
2016 $20,839 $1,819,327 $1,397,187 $422,140
2015 $20,624 $1,792,000 $1,376,200 $415,800
2014 $13,837 $1,159,825 $927,864 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14089227

California Regional Multiple Listing Service (CRMLS)

APN: 7540-026-016