$2,000,000
SOLD SEP 18, 2013
4 Beds
5 Baths
3,937 Sq Ft
0.38 Acres

Recently Sold

$508 Per Sq Ft

8 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • Custom Home
  • Cathedral Ceiling

About This Home

As of September 2018

Breathtaking Queens Necklace View! Montemalaga Location! Coastline & White Water View! 16,449 SF Double Lot! Prime PVE Location! 4211 TAPED SF +138 SF Wine Closet! Spectacular City Light & Mountain View! Get the Picture! Panoramic Views that make you feel halfway to Heaven! Original Owner has retired out of state and has made this incomparable VIEW available for the first time in 45 years! If you are looking for a partially remodeled Diamond In The Rough - Go No further because you've found it in this home which is surrounded by VIEWS! LOADED with Potential and Priced To Attract Attention - Just bring your imagination and you can make this home truly special for your family. Anything is Possible with this location, square footage and lot size! It's easy to remodel but you can't make a Panoramic Queen's Necklace View where one doesn't exist! If I had a hammer...you could SEA what I SEA!

Last Agent to Sell the Property

Pamela Lieb

Pamela Lieb, Broker License #00779647 Listed on: 07/22/2013

Last Buyer's Agent

Pamela Lieb

Pamela Lieb, Broker License #00779647 Listed on: 07/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,607

Year Built

  • Built in 1968

Lot Details

  • 0.38 Acre Lot
  • Northwest Facing Home
  • Lawn
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Up Slope from Street
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Views of a pier
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Slab Foundation
  • Spanish Tile Roof
  • Plaster
  • Stucco

Interior Spaces

  • 3,937 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Sliding Doors
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Additional Features

  • Living Room Balcony
  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 7330
  • Assessor Parcel Number 7545007016

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,607

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Montemalaga
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545007016
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3937.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 508.00
  • Room Type: Entry, Family Room, Great Room, Living Room, Main Floor Master Bedroom, Walk-In Pantry, Office, Utility Room, Wine Cellar

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Slab
  • View: Bay, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Pier, White Water
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Concrete, Driveway, Direct Garage Access, Garage Door Opener, Private, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft, Up Slope from Street
  • Lot Size Sq Ft: 16449.00
  • Lot Size Acres: 0.3780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16449.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 7330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2018
Sold by
Woods Kent P
Bought by
Showa 305 Llc
Current Estimated Value
$4,256,419

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 10, 2018
Sold by
Kaviani Amir
Bought by
Tanaka Shuichi and Tanaka Naoko
Seller's Agent
Cameron Stearns
Compass
Buyer's Agent
natsuko Fujii
Keller Williams Palos Verdes
List Price
$3,398,000
Sold Price
$3,290,000
Premium/Discount to List
-$108,000
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$2,467,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 29, 2013
Sold by
Shannon Susan S
Bought by
Shannon Susan S
Seller's Agent
Pamela Lieb
Pamela Lieb, Broker
Buyer's Agent
Pamela Lieb
Pamela Lieb, Broker
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 5, 2013
Sold by
Shannon Susan S
Bought by
Kaviani Amir and Hezareh Nazanin
Seller's Agent
Pamela Lieb
Pamela Lieb, Broker
Buyer's Agent
Pamela Lieb
Pamela Lieb, Broker
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%

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
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2009
Sold by
Schaefer Jerald J
Bought by
Shannon Susan S

Purchase Details

Closed on
Jun 27, 2008
Sold by
Schaefer Jerald J
Bought by
Schaefer Jerald J

Purchase Details

Closed on
Sep 8, 2006
Sold by
Schaefer Jerald J and Schaefer Helen I
Bought by
Jerald J & Helen Schaefer Family Lp
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed $3,290,000 Progressive Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,000,000 Progressive Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,032,000 New Conventional
Closed $314,500 Credit Line Revolving
Previous Owner $2,467,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,075,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2018 09/05/18 Sold $3,290,000 -3.2% $781 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $3,398,000 0.0% $807 / Sq Ft
02/26/2016 02/26/16 Rented $7,500 -3.8% --
02/22/2016 02/22/16 Under Contract -- -- --
11/16/2015 11/16/15 For Rent $7,800 0.0% --
11/12/2015 11/12/15 Rented $7,800 0.0% --
11/04/2015 11/04/15 For Rent $7,800 0.0% --
09/18/2013 09/18/13 Sold $2,000,000 +0.3% $508 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $1,995,000 -- $507 / 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 $32,607 $2,856,332 $1,673,277 $1,183,055
2024 $32,607 $2,800,326 $1,640,468 $1,159,858
2023 $32,078 $2,745,418 $1,608,302 $1,137,116
2022 $30,489 $2,691,587 $1,576,767 $1,114,820
2021 $30,474 $2,566,111 $1,545,850 $1,020,261
2020 $29,300 $2,539,800 $1,530,000 $1,009,800
2019 $28,432 $2,490,000 $1,500,000 $990,000
2018 $19,410 $1,616,052 $1,185,106 $430,946
2016 $18,411 $1,553,301 $1,139,088 $414,213
2015 $18,216 $1,529,970 $1,121,978 $407,992
2014 $17,945 $1,500,000 $1,100,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13144789

California Regional Multiple Listing Service (CRMLS)

APN: 7545-007-016