NOT LISTED FOR SALE

Estimated Value: $3,354,000 - $3,828,000

5 Beds
4 Baths
3,364 Sq Ft
$1,071/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $1,740,000 $517 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $21,850/month

6 Days on Market

Highlights

  • Coastline Views
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Montemalaga Elementary School Rated A+
  • Maid or Guest Quarters
  • No HOA

About This Home

As of April 2014

Classic Palos Verdes Estates home. Large lot, tall and mature trees, partial Queen's Necklace view, "cul-de-sac quiet." Spacious 3400 square feet, split level with 5 bedrooms, 4 baths. High ceilings in living room, family room and kitchen. "2-room + bath" suite on lower level has its own entrance and is perfect for office, workout room, or guest quarters. Master bedroom has custom his-and-her closets. New steam shower in master bath gives master suite a spa feel. Bright throughout with lots of windows and skylights. Open floor plan connects living room, kitchen and family room. Step-down-into living room with fireplace, offers tranquil view of garden & fruit trees. Kitchen is recently-remodeled with new appliances, including push-button microwave drawer,breakfast bar, beautiful maple cabinets and a variety of stylized lighting to set the right mood. From the family room, walk out through elegant patio doors onto a lush and expansive yard, surrounded by tall trees that provide natural privacy and California grandeur. Eat from your own fruit trees: loquat, guava, fig, mountain apple, and persimmon. Walk to two of California's top-rated elementary and high schools. Semi-circular driveway, Must see to truly appreciate.

Last Agent to Sell the Property

Tuba Ghannadi

Estate Properties License #00922882 Listed on: 02/07/2014

Estate Properties

Last Buyer's Agent

Kathy Siegel

Vista Sotheby’s International Realty License #01877303

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,095

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage

Property Views

  • Coastline
  • City Lights
  • Peek-A-Boo

Interior Spaces

  • 3,364 Sq Ft Home
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8652
  • Assessor Parcel Number 7545001025

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,095

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545001025
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3364.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 517.24
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Separate Family Room

Exterior Features

  • View: City Lights, Coastline, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 14492.00
  • Lot Size Acres: 0.3330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14492.0000 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

Closed on
Oct 31, 2018
Sold by
Tarica Mitchell and Tarica Patricia
Bought by
Tarica Patricia Anne and Tarica Mitchell Jay
Current Estimated Value
$3,602,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 27, 2014
Sold by
Smoke Stephen and Smoke Margaret
Bought by
Tarica Mitchell and Tarica Patricia
Seller's Agent
Tuba Ghannadi
Estate Properties
Buyer's Agent
Kathy Siegel
Vista Sotheby’s International Realty
List Price
$1,698,800
Sold Price
$1,740,000
Premium/Discount to List
$41,200
2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$1,392,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 2008
Sold by
Chen Steve Ing Ping
Bought by
Smoke Stephen and Smoke Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Chen Ing Ping and Chen Ching Hsia Wang
Bought by
Chen Steve Ing Ping and Chen Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2002
Sold by
Chen Ing Ping and Chen Ching Hsia Wang
Bought by
Chen Ing Ping and Chen Ching Hsia Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Parks Ralph E
Bought by
Chen Ing Ping and Chen Ching Hsia Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.87%
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
Tarica Patricia Anne -- Accommodation
Tarica Mitchell $1,740,000 Lawyers Title
Smoke Stephen $1,300,000 Lawyers Title
Chen Steve Ing Ping -- --
Chen Ing Ping -- Chicago Title Co
Chen Ing Ping $820,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tarica Mitchell $1,000,000
Previous Owner Tarica Mitchell $1,396,000
Previous Owner Tarica Mitchell $1,392,000
Previous Owner Smoke Stephen $414,000
Previous Owner Smoke Stephen $417,000
Previous Owner Smoke Stephen $625,000
Previous Owner Chen Ing Ping $470,000
Previous Owner Chen Ing Ping $470,000
Previous Owner Chen Ing Ping $480,000
Previous Owner Chen Ing Ping $485,000
Previous Owner Chen Ing Ping $100,000
Previous Owner Chen Ing Ping $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2014 04/22/14 Sold $1,740,000 +2.4% $517 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,698,800 -- $505 / 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 $27,095 $2,349,855 $1,706,395 $643,460
2024 $27,095 $2,303,781 $1,672,937 $630,844
2023 $26,639 $2,258,610 $1,640,135 $618,475
2022 $25,330 $2,214,325 $1,607,976 $606,349
2021 $25,291 $2,014,304 $1,576,448 $437,856
2020 $23,300 $1,993,651 $1,560,284 $433,367
2019 $22,618 $1,954,561 $1,529,691 $424,870
2018 $22,425 $1,916,238 $1,499,698 $416,540
2016 $21,285 $1,841,830 $1,441,464 $400,366
2015 $20,642 $1,774,765 $1,419,812 $354,953
2014 $16,540 $1,379,278 $1,092,515 $286,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14027117

California Regional Multiple Listing Service (CRMLS)

APN: 7545-001-025