NOT LISTED FOR SALE

824 Via Del Monte Palos Verdes Estates, CA 90274

Estimated Value: $5,153,000 - $12,190,998

6 Beds
8 Baths
9,853 Sq Ft
$918/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $10,430,000 $1,059 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $59,589/month

53 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • In Ground Pool
  • Montemalaga Elementary School Rated A+
  • Home Theater
  • 22,873 Sq Ft lot

About This Home

As of September 2020

Turnkey quintessential Mediterranean Villa offering explosive ocean views, unparalleled luxury & exquisite finishes. Custom built w/ immaculate design, the main home entails 2 elevators, 5 bdrms w/ ensuite bthrms & walk-in closets, addt'l 2 bthrms, great room, dining room, bar, theatre, office, & study. The luminous kitchen w/ top of the line appliances, bespoke cabinetry & ocean views graciously flows into the dining area & continues on to the great room. The exceptional outdoor living space w/unrivaled views has every amenity one could desire. Several patios, fully equipped outdoor kitchen & dining area w/ heating, TV, laundry room, pool, spa & outdoor shower. Beautiful guest house w/ kitchen, 1 bdrm, 1 bthrm & doors of glass. Secured & operated by Savant & Vantage systems personalized to your lifestyle providing unparalleled convenience of controlling lighting, shades, climate, security, pool, spa & entertainment. Generator, LED lighting, filtered water throughout the entire home.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 07/27/2020

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Maggie Ding

Compass License #01414326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,815

Year Built

  • Built in 2020

Lot Details

  • 0.53 Acre Lot
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Plaster Walls

Interior Spaces

  • 9,853 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Above Ground Spa

Outdoor Features

  • Open Patio
  • Fire Pit

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Radiant Heating System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7540-027-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,815

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 9853
  • Stories: 3
  • Year Built: 2020
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Plaster Walls, Elevator
  • Fireplace Rooms: Family Room, Fire Pit, Master Bedroom
  • Flooring: Hardwood, Tile, Marble
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven, Bar Ice Maker, Water Filter, Intercom, Alarm System
  • Price Per S Q F T: 1084.75

Exterior Features

  • Other Structures: GuestHouse, Other
  • Guest House: Detached
  • Pool Description: In Ground, Salt/Saline, Private
  • Pool: Yes
  • Spa: Private, Above Ground, In Ground
  • Spa Yn: Yes
  • View: City Lights, City, Coastline, Pool, Panoramic, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage, Driveway, Covered Parking, Attached, Garage Is Attached, Private, Garage - 3 Car
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Radiant

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7540-027-011
  • Lot Size Area: 22873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 9, 2020
Sold by
Martz Steven Eric and Martz Romy Raquel
Bought by
Mitchell Aaron
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Maggie Ding
Compass
List Price
$12,995,000
Sold Price
$10,430,000
Premium/Discount to List
-$2,565,000
-19.74%
Current Estimated Value
$8,998,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,431,048
Avg. Annual Appreciation
-2.66%

Purchase Details

Closed on
May 17, 2017
Sold by
Martz Steven Eric and Martz Romy Raquel
Bought by
Martz Steven Eric and Martz Romy Raquel

Purchase Details

Listed on
Feb 2, 2015
Closed on
Mar 31, 2015
Sold by
Richards Gary and Richards Amy
Bought by
Martz Steven Eric and Martz Romy Raquel
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Karen Lucas
Estate Properties
List Price
$4,999,000
Sold Price
$4,700,000
Premium/Discount to List
-$299,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
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
Mitchell Aaron $10,430,000 First American Title Company
Martz Steven Eric -- None Available
Martz Steven Eric $4,800,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martz Steven Eric $2,000,000
Previous Owner Richards Amy $2,400,000
Previous Owner Richards Gary L $1,500,000
Previous Owner Richards Gary $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $10,430,000 -2.4% $1,059 / Sq Ft
08/30/2020 08/30/20 Price Changed $10,688,000 -17.8% $1,085 / Sq Ft
07/27/2020 07/27/20 For Sale $12,995,000 +176.5% $1,319 / Sq Ft
04/06/2015 04/06/15 Sold $4,700,000 -6.0% $477 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $4,999,000 -- $507 / Sq Ft
Source: The MLS

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 $123,815 $11,289,766 $6,960,038 $4,329,728
2024 $123,815 $11,068,399 $6,823,567 $4,244,832
2023 $122,058 $10,851,372 $6,689,772 $4,161,600
2022 $115,840 $10,638,600 $6,558,600 $4,080,000
2021 $115,708 $10,430,000 $6,430,000 $4,000,000
2020 $60,261 $5,274,904 $2,747,346 $2,527,558
2019 $58,467 $5,171,476 $2,693,477 $2,477,999
2018 $58,028 $5,070,075 $2,640,664 $2,429,411
2016 $55,071 $4,873,200 $2,538,125 $2,335,075
2015 $37,959 $3,258,067 $732,672 $2,525,395
2014 $37,380 $3,194,246 $718,320 $2,475,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-608832

The MLS

APN: 7540-027-011