NOT LISTED FOR SALE

Estimated Value: $7,683,000 - $9,299,000

4 Beds
8 Baths
7,800 Sq Ft
$1,094/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $7,300,000 $936 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $54,254/month

20 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Home Theater
  • Montemalaga Elementary School Rated A+
  • Wine Cellar
  • Saltwater Pool

About This Home

As of November 2021

If you could design and build your dream home, what would you do? You’d probably start with an iconic, one level, California Cape Cod style, and have it designed by renowned architect Louie Tomaro. Next, you’d hire a talented interior designer to select the finish materials, (Norman Design Group) then you’d have an A+ builder (Baldwin Construction) build it for you. You’d select a large parcel of land with expansive views, ideally on a quiet cul-de-sac. Your one level home would probably have 4 bedroom suites, including a sumptuous main bedroom. You’d include an office, a beautiful living room, a formal dining room, and a spectacular Great room with gourmet kitchen and expansive family room with "accordion style" doors that open to a covered patio with heated floors. A salt-water pool and spa would be a must, as would a generous grass area, and a pool house with a bathroom. You’d obviously want a gym, a wine cellar, and maybe even a theater. A spacious three car garage would house your vehicles, and the generous motor-court would provide a gracious entry. That just about does it…. Why not save yourself 3 years and buy this??

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 08/13/2021

Vista Sotheby's International Realty

Co-Listed By

John Corrales

Vista Sotheby’s International Realty License #01263687

Last Buyer's Agent

Jeremy Shelton

Pacifica Properties Group, Inc. License #01416145

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,769

Year Built

  • Built in 2013

Lot Details

  • 0.97 Acre Lot
  • Cul-De-Sac
  • Lawn
  • Property is zoned PVR1YY

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 7,800 Sq Ft Home
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Utility Room
  • Laundry Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • Saltwater Pool
  • Spa

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Solar Heating System
  • Fire Pit

Listing and Financial Details

  • Legal Lot and Block 5 / 1733
  • Tax Tract Number 8652
  • Assessor Parcel Number 7545001014

Community Details

Overview

  • No Home Owners Association

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,769

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545001014
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7800.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 935.90
  • Room Type: Home Theatre, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private

Exterior Features

  • View: City Lights, Panoramic
  • Pool Features: Private, Heated, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Solar
  • 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: Golf, Hiking, Horse Trails, Stable(s)

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Lawn, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 42274.00
  • Lot Size Acres: 0.9705
  • Latitude Manual: 33.79307900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42274.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1733
  • Tax Census Tract: 6703.24
  • Tax Lot: 5
  • Tax Tract Number: 8652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 13, 2021
Sold by
Ramsdell Clay and Ramsdell Heather D
Bought by
Gustafson Clark H and Gustafson Pamela A
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Jeremy Shelton
Pacifica Properties Group, Inc.
List Price
$7,499,000
Sold Price
$7,300,000
Premium/Discount to List
-$199,000
-2.65%
Current Estimated Value
$8,529,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,229,582
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Ramsdell Clay and Ramsdell Heather D
Bought by
Ramsdell Clay and Ramsdell Heather D

Purchase Details

Closed on
May 10, 2010
Sold by
Cramer Stephen R and Cramer Cathy J
Bought by
Ramsdell Clay and Ramsdell Heather D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Cramer Stephen R and Cramer Cathy J
Bought by
Cramer Stephen R and Cramer Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
6.28%

Purchase Details

Closed on
Dec 2, 1998
Sold by
Cramer Stephen R and Cramer Cathy J
Bought by
Cramer Stephen R and Cramer Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 20, 1995
Sold by
Cramer Stephen R and Cramer Cathy J
Bought by
Cramer Stephen R and Cramer Cathy J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gustafson Clark H $7,300,000 Ticor Title
Ramsdell Clay -- None Available
Ramsdell Clay $2,100,000 Progressive Title Company
Cramer Stephen R -- Lawyers Title
Cramer Stephen R -- Investors Title Company
Cramer Stephen R -- South Coast Title
Cramer Stephen R -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsdell Clay $1,000,000
Previous Owner Ramsdell Clay $1,500,000
Previous Owner Ramsdell Clay $1,200,000
Previous Owner Cramer Stephen R $750,000
Previous Owner Cramer Stephen $500,000
Previous Owner Cramer Stephen R $936,000
Previous Owner Cramer Stephen R $936,000
Previous Owner Cramer Stephen R $301,000
Previous Owner Cramer Stephen R $965,000
Previous Owner Cramer Stephen R $937,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $7,300,000 -2.7% $936 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $7,499,000 -- $961 / 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 $85,769 $7,746,818 $4,563,194 $3,183,624
2024 $85,769 $7,594,920 $4,473,720 $3,121,200
2023 $84,528 $7,446,000 $4,386,000 $3,060,000
2022 $80,254 $7,300,000 $4,300,000 $3,000,000
2021 $61,229 $5,395,724 $2,504,295 $2,891,429
2019 $58,599 $5,235,685 $2,430,017 $2,805,668
2018 $58,040 $5,133,025 $2,382,370 $2,750,655
2016 $40,861 $3,626,561 $2,289,860 $1,336,701
2015 $40,436 $3,572,088 $2,255,465 $1,316,623
2014 $39,219 $3,502,117 $2,211,284 $1,290,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21172982

California Regional Multiple Listing Service (CRMLS)

APN: 7545-001-014