NOT LISTED FOR SALE

Estimated Value: $3,449,110 - $4,241,000

5 Beds
3.5 Baths
3,368 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $3,915,000 $1,162 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $22,628/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Art Studio
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • Wine Cellar
  • Open Floorplan

About This Home

As of May 2024

Experience the epitome of year-round luxury living in this meticulously renovated villa perched above the azure expanse of the Pacific Ocean, boasting panoramic vistas of the enchanting Santa Monica coastline. Located in the highly sought after Malaga Cove neighborhood every corner of this refined abode offers awe-inspiring views, seamlessly blending indoor and outdoor spaces through expansive walls of glass that open to ocean breezes and expansive decks, perfect for entertaining. Step into the stunning kitchen adorned with exquisite natural stone and top-of-the-line appliances, seamlessly flowing into the dining area and great room, all overlooking the ocean panorama. The main floor primary suite is a sanctuary of relaxation, where you can unwind while witnessing the rhythmic crash of waves against the beach. Indulge in its lavish amenities, including a walk-in closet and elegantly remodeled bath. Descending to the lower level reveals three additional bedrooms and a spacious family room/lounge featuring a walk-in wine cellar with a wet bar, ideal for hosting intimate gatherings. The home also offers a finished weight room/yoga room/office, integrated into the square footage, providing versatility for various lifestyle needs. The attached garage leads through a spacious mudroom with a sink, which doubles as an inspiring craft/art studio. Revel in the convenience of the flexible floor plan, meticulously designed to optimize every inch of space. Notable upgrades include new windows and collapsing doors, a fully renovated kitchen and baths, new flooring, paint, electrical, and light fixtures, ensuring modern comfort and style throughout. Outside, the private grounds offer breathtaking outdoor spaces to savor the views and entertain guests, creating an oasis of tranquility. Conveniently located near freeways, shopping, and dining, this exceptional villa presents an unparalleled opportunity for year-round vacation living at its finest.

Last Agent to Sell the Property

Suzanne Dyer

Strand Hill Properties Brokerage Phone: 310-528-7480 License #01054310 Listed on: 04/04/2024

Last Buyer's Agent

Jim Rock

Deasy Penner Podley License #01057765

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,491

Year Built

  • Built in 1968

Lot Details

  • 7,932 Sq Ft Lot
  • Drip System Landscaping
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 3,368 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Combination Dining and Living Room
  • Home Office
  • Art Studio
  • Home Gym
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Outdoor Features

  • Deck
  • Patio
  • Wrap Around Porch

Schools

  • Palos Verdes Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 25 / 1538
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540025024

Community Details

Overview

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

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,491

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540025024
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3368.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Living Room Balcony, Open Floorplan
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1162.41
  • Room Type: Art Studio, Entry, Exercise Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Office, Separate Family Room, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Main Floor Full Bath, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic, White Water
  • Patio And Porch Features: Deck, Wrap Around
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails
  • Association Name: Palos Verdes Estate HOA
  • Phone: (310) 373-6721
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Palos Verdes Estate HOA

Schools

  • School District: Palos Verdes Peninsula Unified
  • Middle School: Palos Verdes
  • Middle Or Junior School: Palos Verdes

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Sprinklers Drip System
  • Lot Size Sq Ft: 7932.00
  • Lot Size Acres: 0.1821

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7932.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1538
  • Tax Census Tract: 6703.24
  • Tax Lot: 25
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 29, 2024
Sold by
Jaybird Properties Llc
Bought by
Feldhaus Matthew and Ly Kelly
Seller's Agent
Suzanne Dyer
Strand Hill Properties
Buyer's Agent
Jim Rock
Deasy Penner Podley
List Price
$3,989,000
Sold Price
$3,915,000
Premium/Discount to List
-$74,000
-1.86%
Views
19
Current Estimated Value
$3,757,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,722
Avg. Annual Appreciation
-2.87%
Original Mortgage
$1,600,000
Outstanding Balance
$1,573,537
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$2,183,741

Purchase Details

Closed on
Sep 29, 2021
Sold by
Dennen Richard T
Bought by
Jaybird Properties Llc

Purchase Details

Closed on
Jun 30, 2020
Sold by
Dennen Family Trust and Monks Lisa D
Bought by
Dennen Richard T

Purchase Details

Closed on
Sep 13, 2017
Sold by
Dennen Jane Ellen
Bought by
Dennen Richard L
Source: Public Records

Range of Values:

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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
Feldhaus Matthew $3,915,000 First American Title Company
Jaybird Properties Llc $2,710,000 Progressive Title
Dennen Richard T -- Progressive Title
Dennen Richard T -- None Listed On Document
Dennen Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldhaus Matthew $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $3,915,000 -1.9% $1,162 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $3,989,000 +47.2% $1,184 / Sq Ft
11/30/2021 11/30/21 Sold $2,710,000 +8.4% $947 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,500,000 -- $874 / 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 $32,491 $3,993,300 $3,202,800 $790,500
2024 $32,491 $2,819,484 $2,299,284 $520,200
2023 $31,959 $2,764,200 $2,254,200 $510,000
2022 $30,360 $2,710,000 $2,210,000 $500,000
2021 $3,826 $236,188 $97,594 $138,594
2020 $3,788 $233,767 $96,594 $137,173
2019 $3,708 $229,184 $94,700 $134,484
2018 $3,621 $224,692 $92,844 $131,848
2016 $3,412 $215,969 $89,240 $126,729
2015 $3,368 $212,726 $87,900 $124,826
2014 $3,323 $208,560 $86,179 $122,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24066777

California Regional Multiple Listing Service (CRMLS)

APN: 7540-025-024