Seller's Agent in 2024
Matthieu Reyes
Vista Sotheby’s International Realty
(310) 387-8103
2 in this area
44 Total Sales
856 Rincon Ln Palos Verdes Estates, CA 90274
Estimated Value: $8,331,000 - $8,688,000
4
Beds
6
Baths
5,653
Sq Ft
$1,499/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- In Ground Pool
- Montemalaga Elementary School Rated A+
- Home Theater
- Primary Bedroom Suite
About This Home
As of July 2024Live on top of the world while looking over the iconic Los Angeles Coastline! This custom built Tuscan Villa has 4 bedrooms plus office, 5.5 baths and offers one of the most stunning Queen's Necklace and sunset views on the Palos Verdes Peninsula. As you step into the formal entryway you are welcomed with breathtaking ocean views, high ceilings, and an open floor plan that flows effortlessly through the grand living room, dining room, family room, and kitchen. The large gourmet kitchen is perfect for entertaining and features two large islands, Viking appliances consisting of three ovens, a built-in Microwave, two Dishwashers, warming / chilling drawers, a Subzero refrigerator and freezer, and a Miele espresso maker. Enjoy sweeping ocean and city views from all living spaces and balconies off the formal living room and breakfast areas. The luxurious and spacious primary suite has incredible views with a huge en-suite complete with a large shower, separate steam room, dual walk-in closets, double sinks, and a spa tub. The game room / family room below overlooks the entire bay and leads to the pool and backyard through massive french doors. The backyard is an entertainer's dream and features a resort-like infinity edge pool with hot tub, an outdoor kitchen with Viking stainless steel appliances, and multiple observation areas to enjoy the extraordinary views. Other amenities include an 800-bottle capacity wine cellar, an elevator, hardwood and natural stone flooring throughout, a built-in bar including Viking refrigerator and ice-maker, multiple custom stone fireplaces, heating and air conditioning systems, and massive indoor storage for decorations and equipment. The enlarged 3 car garage with epoxy floors is perfect to store classic or luxury cars with the privacy of an electric gate in front of the spacious driveway. This resort-like home is situated mid block on a cul-de-sac street and offers a World of Paradise!
Last Agent to Sell the Property
Vista Sotheby’s International Realty Brokerage Phone: 310-541-8271 License #01903241 Listed on: 06/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $79,555
Year Built
- Built in 2009
Lot Details
- 0.36 Acre Lot
- Cul-De-Sac
- Back Yard
- Density is up to 1 Unit/Acre
- Property is zoned PVR1YY
Parking
- 3 Car Attached Garage
Property Views
- Ocean
- Coastline
- Panoramic
- City Lights
- Neighborhood
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,653 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Wired For Sound
- Built-In Features
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Living Room Balcony
- Home Theater
- Home Office
- Game Room
- Laundry Room
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 6 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Multiple Shower Heads
- Separate Shower
- Closet In Bathroom
Pool
- In Ground Pool
- In Ground Spa
Utilities
- Zoned Heating and Cooling
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 12 / 1
- Tax Tract Number 10536
- Assessor Parcel Number 7545006012
- $2,938 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2024
Closed on
Jul 5, 2024
Sold by
Recknor Scott and Recknor Carolyn
Bought by
Sccr Family Trust and Recknor
Seller's Agent
Matthieu Reyes
Vista Sotheby’s International Realty
Buyer's Agent
Kevin Moen
Estate Properties
List Price
$8,200,000
Sold Price
$8,072,000
Premium/Discount to List
-$128,000
-1.56%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,101
Avg. Annual Appreciation
3.85%
Original Mortgage
$4,600,000
Outstanding Balance
$4,533,722
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$3,938,379
Purchase Details
Listed on
Jun 2, 2024
Closed on
Jun 17, 2024
Sold by
Pruden Rick
Bought by
Recknor Scott and Recknor Carolyn
Seller's Agent
Matthieu Reyes
Vista Sotheby’s International Realty
Buyer's Agent
Kevin Moen
Estate Properties
List Price
$8,200,000
Sold Price
$8,072,000
Premium/Discount to List
-$128,000
-1.56%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,600,000
Outstanding Balance
$4,533,722
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$3,938,379
Purchase Details
Closed on
May 25, 2021
Sold by
Hindenlang Walter J
Bought by
Macleod Laura C
Purchase Details
Listed on
Mar 4, 2019
Closed on
Jul 30, 2019
Sold by
Chowdhury Homes Llc
Bought by
Pruden Rick and Pruden Sheri
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Matthieu Reyes
Vista Sotheby’s International Realty
List Price
$6,999,999
Sold Price
$6,600,000
Premium/Discount to List
-$399,999
-5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Purchase Details
Listed on
Jun 6, 2016
Closed on
Nov 9, 2016
Sold by
Kim Yong Hwan
Bought by
Chowdhury Homes Llc
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$6,999,999
Sold Price
$6,150,000
Premium/Discount to List
-$849,999
-12.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Purchase Details
Closed on
Jun 14, 2011
Sold by
Kim Yong Hwan and Kim Haeng Cha
Bought by
Kim Yong Hwan and Kim Haeng Cha
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
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2009
Sold by
Rincon Lane Llc
Bought by
Kim Yong Hwan
Purchase Details
Closed on
Apr 11, 2007
Sold by
The University Of Southern California
Bought by
Rincon Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sccr Family Trust | -- | First American Title Company | |
| Recknor Scott | $8,072,000 | First American Title Insurance | |
| Macleod Laura C | $815,000 | Old Republic Title Company | |
| Pruden Rick | $6,600,000 | Lawyers Title Company | |
| Chowdhury Homes Llc | $6,150,000 | Lawyers Title Company | |
| Kim Yong Hwan | -- | Chicago Title Company | |
| Kim Yong Hwan | $5,900,000 | Lawyers Title Company | |
| Rincon Lane Llc | $2,350,000 | Fidelity Van Nuys |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Recknor Scott | $4,600,000 | |
| Previous Owner | Kim Yong Hwan | $2,000,000 | |
| Previous Owner | Rincon Lane Llc | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2024 07/16/24 | Sold | $8,072,000 | -1.6% | $1,428 / Sq Ft | |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- | |
| 06/02/2024 06/02/24 | For Sale | $8,200,000 | +24.2% | $1,451 / Sq Ft | |
| 08/09/2019 08/09/19 | Sold | $6,600,000 | -5.7% | $1,168 / Sq Ft | View Prior Sale |
| 03/04/2019 03/04/19 | For Sale | $6,999,999 | 0.0% | $1,238 / Sq Ft | |
| 02/09/2017 02/09/17 | Rented | $15,400 | -12.0% | -- | |
| 01/18/2017 01/18/17 | Price Changed | $17,500 | 0.0% | $3 / Sq Ft | |
| 12/12/2016 12/12/16 | Sold | $6,150,000 | 0.0% | $1,088 / Sq Ft | View Prior Sale |
| 12/09/2016 12/09/16 | For Rent | $14,900 | 0.0% | -- | |
| 11/03/2016 11/03/16 | Pending | -- | -- | -- | |
| 08/02/2016 08/02/16 | Price Changed | $7,250,000 | +3.6% | $1,283 / Sq Ft | |
| 06/06/2016 06/06/16 | For Sale | $6,999,999 | -- | $1,238 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $79,555 | $8,072,000 | $5,650,400 | $2,421,600 |
| 2024 | $79,555 | $7,076,531 | $4,288,807 | $2,787,724 |
| 2023 | $78,391 | $6,937,776 | $4,204,713 | $2,733,063 |
| 2022 | $74,409 | $6,801,742 | $4,122,268 | $2,679,474 |
| 2021 | $74,344 | $6,668,376 | $4,041,440 | $2,626,936 |
| 2020 | $73,342 | $6,600,000 | $4,000,000 | $2,600,000 |
| 2019 | $70,340 | $6,398,460 | $3,433,320 | $2,965,140 |
| 2018 | $70,005 | $6,273,000 | $3,366,000 | $2,907,000 |
| 2016 | $61,273 | $5,535,000 | $2,758,000 | $2,777,000 |
| 2015 | $58,465 | $5,247,000 | $2,614,500 | $2,632,500 |
| 2014 | $52,559 | $4,677,000 | $2,330,500 | $2,346,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matthieu Reyes
-
Kevin Moen
Buyer's Agent in 2024
Kevin Moen
RE/MAX
(310) 544-8410
10 in this area
52 Total Sales
-
R
Seller's Agent in 2019
Raju Chhabria
Chhabria Real Estate Company
-
Anand Chhabria
Buyer's Agent in 2017
Anand Chhabria
Chhabria Real Estate Company
(310) 379-2167
3 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24111760
APN: 7545-006-012
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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