NOT LISTED FOR SALE

Estimated Value: $4,303,155 - $4,689,000

5 Beds
6 Baths
4,840 Sq Ft
$929/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $3,925,000 $811 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $28,380/month

276 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Great Room
  • Montemalaga Elementary School Rated A+
  • Community Stables
  • No HOA

About This Home

As of March 2022

Rincon Lane… a quiet, palm-tree lined street with one of the most sought after views in Southern California! This contemporary home has been beautifully remodeled to take advantage of those views. The open great room has walls of glass looking North to the ocean, coastline and Queens necklace views. The sleek kitchen has black granite counters, white cabinets, stainless appliances, and sliders leading out to the spacious backyard with fire pit, BBQ station, waterfall and lush landscaping. Back inside, the formal dining room and the master suite offer expansive views. Downstairs, the large family room enjoys a surround sound system, fireplace, wet bar and a separate area that could be a perfect exercise room or…? Some of the other upgrades include an attached, two-car garage with Tesla charger, air conditioning, Venetian plaster, crystal chandeliers, marble floors, ADT security system, 16 camera video surveillance system, and solar panels.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 04/30/2021

Vista Sotheby's International Realty

Last Buyer's Agent

Meredith Johnson

Vista Sotheby’s International Realty License #01907722

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,672

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Property is zoned PUR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Interior Spaces

  • 4,840 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Additional Features

  • Fire Pit
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Tax Tract Number 10536
  • Assessor Parcel Number 7545006003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,672

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PUR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545006003
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4840.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 810.95
  • Room Type: Family Room, Great Room, Kitchen, Master Bathroom

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Horse Trails, Stable(s)

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 11802.00
  • Lot Size Acres: 0.2709
  • Latitude Manual: 33.79507300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11802.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 6703.26
  • Tax Lot: 3
  • Tax Tract Number: 10536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2023
Sold by
Hsiung Yung and Hsiung Tina
Bought by
Ary Trust and Yung
Current Estimated Value
$4,494,789

Purchase Details

Listed on
Apr 30, 2021
Closed on
Feb 8, 2022
Sold by
Vijay And Shaila Shah Family Trust
Bought by
Yung Ian and Yung Tina Hsiung
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Meredith Johnson
Vista Sotheby’s International Realty
List Price
$3,999,000
Sold Price
$3,925,000
Premium/Discount to List
-$74,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$2,999,999
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
May 18, 2000
Sold by
Bruguera Bruguera S
Bought by
Shah Vijay and Shah Shaila Vijay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 1999
Sold by
Evans Jeffrey C
Bought by
Evans Jeffrey C and Evans Joan R

Purchase Details

Closed on
Dec 20, 1993
Sold by
Emc Mtg Corp
Bought by
Bruguera S Paul and Bruguera Soussan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.2%
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
Ary Trust -- None Listed On Document
Yung Ian $3,925,000 Consumers Title
Shah Vijay $965,000 Continental Title
Evans Jeffrey C -- Southland Title Corporation
Bruguera S Paul $775,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yung Ian $2,999,999
Previous Owner Shah Vijay $1,243,000
Previous Owner Shah Vijay $827,700
Previous Owner Shah Vijay $750,000
Previous Owner Shah Vijay $1,000,000
Previous Owner Shah Vijay H $150,000
Previous Owner Shah Vijay $1,105,000
Previous Owner Shah Vijay $200,000
Previous Owner Shah Vijay $750,000
Previous Owner Bruguera S Paul $235,000
Previous Owner Bruguera S Paul $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $3,925,000 -1.9% $811 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
11/29/2021 11/29/21 Price Changed $3,999,000 0.0% $826 / Sq Ft
11/29/2021 11/29/21 For Sale $3,999,000 +1.9% $826 / Sq Ft
11/22/2021 11/22/21 Off Market $3,925,000 -- --
04/30/2021 04/30/21 For Sale $4,200,000 -- $868 / 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 $46,672 $4,165,239 $2,848,705 $1,316,534
2024 $46,672 $4,083,569 $2,792,849 $1,290,720
2023 $45,952 $4,003,500 $2,738,088 $1,265,412
2022 $20,076 $1,689,816 $974,143 $715,673
2021 $20,065 $1,656,684 $955,043 $701,641
2020 $19,803 $1,639,698 $945,251 $694,447
2019 $19,301 $1,607,548 $926,717 $680,831
2018 $19,127 $1,576,029 $908,547 $667,482
2016 $18,129 $1,514,832 $873,268 $641,564
2015 $17,934 $1,492,079 $860,151 $631,928
2014 $14,683 $1,209,906 $843,302 $366,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21091863

California Regional Multiple Listing Service (CRMLS)

APN: 7545-006-003