NOT LISTED FOR SALE

Estimated Value: $4,650,000 - $5,799,000

3 Beds
4 Baths
3,919 Sq Ft
$1,398/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $5,298,000 $1,352 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $34,983/month

Highlights

  • Ocean View
  • Wine Cellar
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • In Ground Pool
  • 0.48 Acre Lot

About This Home

As of March 2024

Discover a captivating Mediterranean villa, majestically perched atop one of Upper Malaga Cove's most sought-after streets, offering unparalleled vistas of the city, coastline, and the illustrious Queen's Necklace. Embrace the opulence of these breathtaking views, which grace the majority of this estate's refined chambers.

This residence boasts resplendent wide-planked walnut floors that harmonize exquisitely with the graceful wood-arched windows and French doors that adorn its interior. The gourmet kitchen is a culinary haven, featuring top-tier appliances and granite countertops, ensuring a space where culinary artistry thrives.

Three impeccably appointed en-suites provide effortless access to the backyard sanctuary, complete with a saltwater Pebble Tec pool featuring a cascading waterfall and a rejuvenating spa. The landscaped grounds exude natural beauty, while a covered patio boasts an outdoor kitchen for al fresco gatherings. Ascend to the upper terrace for even more breathtaking views, where you'll discover a tranquil sanctuary, ideal for moments of meditation and serenity.

The lush expanse of the grounds transforms this residence into a harmonious retreat. A spacious, separate office, replete with built-in cabinets, invites productivity and creativity. Whether you're a connoisseur or a casual enthusiast, you'll relish the temperature-controlled wine cellar, an inviting space to savor your favorite vintages.

Completing this remarkable retreat is the expansive four-car garage, offering both convenience and luxury. Here, every element converges to create the perfect environment for relaxation and enjoyment, making this home an exceptional destination for hosting and unwinding alike

Last Agent to Rent the Property

Adela Randazzo

Keller Williams Realty License #01954846 Listed on: 08/26/2023

Keller Williams Realty

Last Renter's Agent

Adela Randazzo

Keller Williams Realty License #01954846 Listed on: 08/26/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,717

Year Built

  • Built in 2005

Lot Details

  • 0.48 Acre Lot
  • Property has an invisible fence for dogs
  • Landscaped
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway Up Slope From Street

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,919 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bar
  • Crown Molding
  • Recessed Lighting
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Heated Floor in Bathroom
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Accessible Home Design

  • Adaptable For Elevator
  • Accessible Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered patio or porch
  • Outbuilding
  • Outdoor Grill

Location

  • Suburban Location

Schools

  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Security Deposit $16,000
  • Rent includes gardener
  • Available 8/28/23
  • Legal Lot and Block 2 / 1539
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540027002

Community Details

Overview

  • No Home Owners Association
  • $100 HOA Transfer Fee
  • Palos Verdes Estates Association

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,717

Year Built

Built in 2005

Lot Details

0

Parking

4

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-08-28
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 16000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7540027002
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3919.00 Square Feet
  • Interior Amenities: Bar, Crown Molding, Granite Counters, Recessed Lighting, Unfurnished, Vacuum Central
  • Stories: 2
  • Entry Location: garage or front door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Adaptable For Elevator, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.96
  • Room Type: Family Room, Guest/Maid's Quarters, Kitchen, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet, Wine Cellar
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath, Granite Counters, Heated Floor, Linen Closet/Storage, Main Floor Full Bath, Remodeled, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Outbuilding
  • Exterior Features: Barbecue Private
  • View: City Lights, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Invisible
  • Patio And Porch Features: Covered, Stone
  • Pool Features: Private, In Ground, Salt Water, Waterfall
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Up Slope From Street, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Gas Cooktop, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Warming Drawer, Water Heater, Water Line to Refrigerator, Water Softener
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Name: Palos Verdes Estates
  • Senior Community: No
  • Community Features: Biking, Watersports, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 20761.00
  • Lot Size Acres: 0.4766

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 20761.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Block: 1539
  • Tax Census Tract: 6703.24
  • Tax Lot: 2
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 2, 2023
Sold by
Fliegenspan Jeffrey and Fliegenspan Erika
Bought by
Hind Phillip J and Pham Hieu X
Seller's Agent
Matthew Engle
Vista Sotheby's International Realty
Buyer's Agent
Adela Randazzo
Keller Williams Realty
List Price
$5,298,000
Sold Price
$5,298,000
Views
7
Current Estimated Value
$5,480,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,689
Avg. Annual Appreciation
1.66%
Original Mortgage
$3,000,000
Outstanding Balance
$2,933,335
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$2,547,354

Purchase Details

Closed on
Mar 3, 2022
Sold by
Albert Poiry David
Bought by
David Poiry Trust

Purchase Details

Closed on
Jan 29, 2022
Sold by
Albert Poiry David
Bought by
David Poiry Trust

Purchase Details

Closed on
Mar 15, 2011
Sold by
Rubin Simon
Bought by
Poiry David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Grimshaw Michael S and Grimshaw Susan E
Bought by
Rubin Simon and Rubin Claudie

Purchase Details

Closed on
Oct 12, 2000
Sold by
Goto Hideo
Bought by
Grimshaw Michael S and Grimshaw Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Goto Kazuyuki and Goto Masako
Bought by
Goto Hideo and Goto Kazuyuki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1995
Sold by
Goto Akemi
Bought by
Goto Hideo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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
Hind Phillip J $5,298,000 Usa Title
David Poiry Trust -- --
David Poiry Trust -- --
Poiry David A $3,700,000 Ticor Title Company
Rubin Simon $2,000,000 Equity Title
Grimshaw Michael S $1,600,000 Stewart Title
Goto Hideo -- Gateway Title
Goto Hideo -- Southland Title Company
Goto Hideo $1,140,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hind Phillip J $3,000,000
Previous Owner Fliegenspan Jeffrey $3,500,000
Previous Owner Poiry David A $1,775,000
Previous Owner Poiry David $500,000
Previous Owner Poiry David A $2,000,000
Previous Owner Rubin Simon $490,000
Previous Owner Grimshaw Michael S $122,000
Previous Owner Grimshaw Michael S $1,108,000
Previous Owner Grimshaw Michael S $1,100,000
Previous Owner Goto Hideo $800,000
Previous Owner Goto Hideo $627,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Rented $15,500 -3.1% --
01/02/2024 01/02/24 Price Changed $16,000 -8.6% $4 / Sq Ft
10/12/2023 10/12/23 Price Changed $17,500 -7.9% $4 / Sq Ft
08/26/2023 08/26/23 For Rent $19,000 0.0% --
07/20/2023 07/20/23 Sold $5,298,000 0.0% $1,352 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $5,298,000 0.0% $1,352 / Sq Ft
06/19/2023 06/19/23 Off Market $5,298,000 -- --
06/19/2023 06/19/23 For Sale $5,298,000 +15.2% $1,352 / Sq Ft
01/04/2023 01/04/23 Sold $4,600,000 -2.1% $1,174 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $4,698,000 -- $1,199 / 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 $59,717 $5,403,960 $3,784,200 $1,619,760
2024 $59,717 $5,298,000 $3,710,000 $1,588,000
2023 $46,700 $4,080,000 $3,264,000 $816,000
2022 $45,849 $4,142,627 $2,722,299 $1,420,328
2021 $45,852 $4,061,400 $2,668,921 $1,392,479
2020 $45,236 $4,019,756 $2,641,555 $1,378,201
2019 $43,866 $3,940,938 $2,589,760 $1,351,178
2018 $43,615 $3,863,666 $2,538,981 $1,324,685
2016 $41,382 $3,713,638 $2,440,391 $1,273,247
2015 $40,962 $3,657,857 $2,403,735 $1,254,122
2014 $40,346 $3,586,206 $2,356,650 $1,229,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23160193

California Regional Multiple Listing Service (CRMLS)

APN: 7540-027-002