NOT LISTED FOR SALE

Estimated Value: $1,305,000 - $1,355,000

3 Beds
2.5 Baths
1,992 Sq Ft
$666/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,120,000 $562 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,872/month

3 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Primary Bedroom Suite
  • Vista Grande Elementary Rated A+
  • Heated In Ground Pool
  • Updated Kitchen

About This Home

As of January 2023

Nestled in the highly desirable Cresta Palos Verdes community, this luxurious three-bedroom, two-and-a-half-bathroom townhome boasts a rare front-facing location and a tastefully remodeled interior. This charming townhome is centrally located on the Peninsula and is accessible by a private road. The main level boasts a gorgeous custom kitchen with newer cabinets, recessed lighting, a custom wine rack, and exquisite granite countertops, tiled flooring, all complemented by top-of-the-line appliances. Upstairs, the three bedrooms offer vast cathedral ceilings and ample space. The Primary suite includes custom closets, a custom vanity with dual sinks, Toto Neorest Toilet, a custom travertine shower with rainshower heads, body massage sprayers and is designed to be curbless. The spa-inspired second bathroom features a contemporary remodel with cherry wood and a gorgeous stone vanity.

Once you step outside to the beautifully landscaped patio, perfect for additional living or entertaining, you will be mesmerized by the sweeping ocean and canyon views. You will enjoy stunning sunsets with an array of colors to dazzle your senses almost every night. The community amenities include a clubhouse, gym, pool, sauna, spa, golf putting green, water features, and tennis courts. Parking is a breeze with your very own two-car garage.

Award-winning Palos Verdes School District rounds out the benefits of living in this amazing location. Come see what it's like to start and end your day with some of the best views in the South Bay. Take a look at the online 3D TOUR.

Last Agent to Sell the Property

Michael Majid

Vista Sotheby's International Realty License #01123908 Listed on: 01/02/2023

Vista Sotheby's International Realty

Last Buyer's Agent

Michael Majid

Vista Sotheby's International Realty License #01123908 Listed on: 01/02/2023

Vista Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,292

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Property fronts a private road
  • Two or More Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

HOA Fees

  • $592 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Canyon
  • Pasture
  • Valley

Home Design

  • Contemporary Architecture
  • Turnkey
  • Tile Roof
  • Clay Roof

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Pull Down Stairs to Attic
  • Alarm System

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

  • Point Vicente Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Heating Available
  • Standard Electricity
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 27417
  • Assessor Parcel Number 7585017070

Community Details

Overview

  • Master Insurance
  • 92 Units
  • Cresta Palos Verdes HOA, Phone Number (310) 683-6505
  • Scott Management HOA
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,292

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$592 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer and Dryer
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7585017070
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1992.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Phone System, Pull Down Stairs to Attic, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 562.25
  • Room Type: All Bedrooms Up, Master Suite
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Other Structures: Storage
  • View: Canyon, City Lights, Coastline, Ocean, Panoramic, Pasture, Valley, Water
  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Patio And Porch Features: Patio, Patio Open, Porch
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Roof: Clay, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room, Clubhouse, Cable TV, Earthquake Insurance, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Management
  • Association Fee: 592.00
  • Association Fee Frequency: Monthly
  • Association Name: Cresta Palos Verdes HOA
  • Phone: 310-683-6505
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Hiking, Street Lights
  • Association Management: Scott Management

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Point Vicente
  • Middle School: Ridgecrest
  • High School: Palos Verdes Peninsula
  • Elementary School: Point Vicente
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: POIVIC
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 491349.00
  • Lot Size Acres: 11.2798

Multi Family

  • Lease Considered: No
  • Lot Size Area: 491349.0000 Square Feet
  • Number Of Units In Community: 92
  • Number Of Units Total: 92

Tax Info

  • Tax Lot: 1
  • Tax Tract: 27417
  • Tax Tract Number: 27417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jan 17, 2023
Sold by
Diaz Ana Lilia
Bought by
Diaz David Michael
Seller's Agent
Michael Majid
Vista Sotheby's International Realty
Buyer's Agent
Michael Majid
Vista Sotheby's International Realty
List Price
$1,119,000
Sold Price
$1,120,000
Premium/Discount to List
$1,000
0.09%
Views
20
Current Estimated Value
$1,326,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,512
Avg. Annual Appreciation
5.17%
Original Mortgage
$730,000
Outstanding Balance
$704,366
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$572,560

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jan 11, 2023
Sold by
Michael Joseph Riccio 2017 Trust
Bought by
Diaz David Michael
Seller's Agent
Michael Majid
Vista Sotheby's International Realty
Buyer's Agent
Michael Majid
Vista Sotheby's International Realty
List Price
$1,119,000
Sold Price
$1,120,000
Premium/Discount to List
$1,000
0.09%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Outstanding Balance
$704,366
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$572,560

Purchase Details

Closed on
Jun 22, 2017
Sold by
Ricclo Michael J
Bought by
Riccio Michael Joseph

Purchase Details

Closed on
Dec 2, 1993
Sold by
Laudone Joseph P and Laudone Theresa M
Bought by
Riccio Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diaz David Michael -- Provident Title Company
Diaz David Michael $1,120,000 Provident Title Company
Riccio Michael Joseph -- None Available
Riccio Michael J $324,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz David Michael $730,000
Previous Owner Riccio Michael Joseph $200,000
Previous Owner Riccio Michael J $212,000
Previous Owner Riccio Michael J $316,000
Previous Owner Riccio Michael J $372,000
Previous Owner Riccio Michael J $80,000
Previous Owner Riccio Michael J $300,700
Previous Owner Riccio Michael J $275,000
Previous Owner Riccio Michael J $256,000
Closed Riccio Michael J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,120,000 +0.1% $562 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $1,119,000 0.0% $562 / Sq Ft
05/24/2018 05/24/18 Rented $4,500 -4.3% --
04/29/2018 04/29/18 For Rent $4,700 -- --
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 $13,292 $1,165,247 $839,914 $325,333
2024 $13,292 $1,142,400 $823,446 $318,954
2023 $6,609 $522,754 $313,657 $209,097
2022 $6,287 $512,505 $307,507 $204,998
2021 $6,237 $502,457 $301,478 $200,979
2020 $6,147 $497,306 $298,387 $198,919
2019 $5,969 $487,556 $292,537 $195,019
2018 $5,900 $477,997 $286,801 $191,196
2016 $5,586 $459,438 $275,665 $183,773
2015 $5,527 $452,538 $271,525 $181,013
2014 $5,457 $443,675 $266,207 $177,468
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23000101

California Regional Multiple Listing Service (CRMLS)

APN: 7585-017-070