$5,000,000
SOLD JUL 30, 2013

915 Via Panorama Palos Verdes Estates, CA 90274

6 Beds
5 Baths
4,677 Sq Ft
0.71 Acres

Recently Sold

$1,069 Per Sq Ft

9% Below List Price

64 Days on Market

Highlights

  • Coastline Views
  • Private Pool
  • Dual Staircase
  • Montemalaga Elementary School Rated A+
  • 0.71 Acre Lot
  • No HOA

About This Home

As of December 2018

Villa Balina, originally built as a family legacy, was constructed on one of the most pre-eminent streets of the Peninsula. Offering a Pacific Ocean view resembling its street's namesake, it is ensconced on a hillside surrounded by magical trees planted throughout the years. This residence has an awe-inspiring appeal of an ocean view estate that if one could, one should take the opportunity to own at least once in their lifetime. The front exterior features an expansive semi-circular drive, a stately and custom wrought iron gated entry area with fountain, a priceless porte cochere and elevated arched walkways. The traditional floor plan and amenities were years ahead of their time with all 5 bedrooms upstairs, and the first floor featuring a view from each living space with a Victorian fireplace, a huge hearth fireplace and perfectly placed French doors. The completely private pool is immediately adjacent to the family room. Also, quite possibly the most special part of the home is the downstairs office (6th BD) and entertaining media area which lead to the grand outdoor patio overlooking the entire Santa Monica Bay. This home has hosted everything from significant franchise decisions of national importance to the most resplendent of weddings.

Last Agent to Sell the Property

Lauren Forbes

Compass License #01295248 Listed on: 04/09/2013

Compass

Co-Listed By

John Corrales

Vista Sotheby’s International Realty License #01263687

Last Buyer's Agent

Anna Randall

Estate Properties License #00592793

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,464

Year Built

  • Built in 1967

Parking

  • 3 Car Garage

Property Views

  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 4,677 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Bar
  • Wainscoting
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 5 Full Bathrooms
  • Bidet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Pool
  • Living Room Balcony

Additional Features

  • 0.71 Acre Lot
  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8652
  • Assessor Parcel Number 7545002008

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,464

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545002008
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4677.00
  • Interior Amenities: 2 Staircases, Bar, Balcony, Living Room Balcony, Wainscoting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Game Room, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1069.06
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Jack & Jill, Living Room, Master Bedroom, Walk-In Closet, Separate Family Room, Office
  • Bathroom Features: Bidet

Exterior Features

  • View: City Lights, Coastline, Panoramic
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 31000.00
  • Lot Size Acres: 0.7120

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31000.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 8652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Nov 15, 2018
Sold by
Mcmillen Karl B
Bought by
Hennessey Paul and Hennessey Jennifer
Seller's Agent
Anna Randall
Estate Properties
Buyer's Agent
Mary Sabatasso
Strand Hill Properties
List Price
$7,300,000
Sold Price
$4,800,000
Premium/Discount to List
-$2,500,000
-34.25%
Current Estimated Value
$6,489,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,689,250
Avg. Annual Appreciation
4.37%
Original Mortgage
$3,120,000
Outstanding Balance
$2,009,003
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$4,377,489
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
Grant Deed $4,800,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $4,800,000 -2.0% $948 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/27/2018 10/27/18 Price Changed $4,900,000 -16.9% $968 / Sq Ft
08/31/2018 08/31/18 Price Changed $5,900,000 -14.5% $1,165 / Sq Ft
07/10/2018 07/10/18 Price Changed $6,900,000 -5.5% $1,363 / Sq Ft
05/18/2018 05/18/18 For Sale $7,300,000 +46.0% $1,442 / Sq Ft
07/30/2013 07/30/13 Sold $5,000,000 -9.1% $1,069 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $5,500,000 -- $1,176 / 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 $59,464 $5,354,487 $4,105,108 $1,249,379
2024 $59,464 $5,249,498 $4,024,616 $1,224,882
2023 $58,571 $5,146,567 $3,945,702 $1,200,865
2022 $55,612 $5,045,655 $3,868,336 $1,177,319
2021 $55,570 $4,946,722 $3,792,487 $1,154,235
2020 $54,823 $4,896,000 $3,753,600 $1,142,400
2019 $52,863 $4,800,000 $3,680,000 $1,120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13061906

California Regional Multiple Listing Service (CRMLS)

APN: 7545-002-014