NOT LISTED FOR SALE

924 Via Rincon Palos Verdes Estates, CA 90274

Estimated Value: $4,804,000 - $7,856,000

5 Beds
4 Baths
4,700 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $3,825,000 $814 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $36,462/month

424 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 1.13 Acre Lot
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Retreat

About This Home

As of February 2013

Do not miss this once in a lifetime opportunity to own a piece of prime real estate in Monte Malaga! Situated on a 1.13 acre mostly useable lot that boasts breathtaking panoramic, unobstructable ocean and Queen’s necklace views - perfect for creating one large gated estate. Featuring 5 bedrooms & 4 Baths and 4,700 sq. ft. living space with views to be enjoyed from almost every room! Formal entry that leads to living and dining rooms. Kitchen with center island, custom cabinets, walk-in pantry and a breakfast area that looks out to the pool. Family room upstairs with large wraparound deck. Master suite with large master bath and 2 walk-in closets as well as a balcony deck to enjoy views from. Two Private downstairs bedrooms with own separate exit that could be used as guest / maid quarters. Special features include crown moldings, marble floors, windows and glass sliding doors throughout; pool overlooking ocean and city views; built-in outdoor BBQ; 2 fireplaces with marble facade and a 3-car garage. All of this set within lush, green landscaped grounds with mature rose bushes, beautiful magnolia, pine, evergreen as well as a mature willow tree!

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 11/16/2011

Last Buyer's Agent

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 11/16/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,567

Year Built

  • Built in 1962

Lot Details

  • 1.13

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 4,700 Sq Ft Home
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area

Additional Features

  • In Ground Pool
  • 1.13 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 7142
  • Assessor Parcel Number 7545005016

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,567

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545005016
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4700.00
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 813.83
  • Room Type: Dressing Area, Master Bedroom, Multi-Level Bedroom, Master Suite, Walk-In Closet, Retreat

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Oven, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 49413.00
  • Lot Size Acres: 1.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 49413.0000 Square Feet

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 7142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2011
Closed on
Feb 15, 2013
Sold by
Hood Joann Klock
Bought by
Kotoyantz Arshak G and Kototantz Caria G Natta
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$5,500,000
Sold Price
$3,825,000
Premium/Discount to List
-$1,675,000
-30.45%
Current Estimated Value
$5,887,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,062,784
Avg. Annual Appreciation
3.57%
Original Mortgage
$2,000,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2011
Sold by
Hood Ronald S
Bought by
Hood Joann Klock

Purchase Details

Closed on
May 1, 1996
Sold by
Hood Joann Elizabeth
Bought by
Hood Robert S

Purchase Details

Closed on
Apr 26, 1996
Sold by
Naamo Pierre Edwin
Bought by
Hood Robert S
Source: Public Records

Range of Values:

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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
Kotoyantz Arshak G $3,825,000 Lawyers Title Company
Hood Joann Klock -- None Available
Hood Robert S -- Continental Lawyers Title Co
Hood Robert S $750,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotoyantz Arshak G $1,646,876
Closed Kotoyantz Arshak G $750,000
Closed Kotoyantz Arshak G $1,742,000
Closed Kotoyantz Arshak Gg $1,000,000
Closed Kotoyantz Arshak G $0
Closed Kotoyantz Arshak G $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $3,825,000 -4.4% $814 / Sq Ft
11/13/2012 11/13/12 Price Changed $3,999,900 -8.0% $851 / Sq Ft
10/08/2012 10/08/12 Price Changed $4,350,000 -13.0% $926 / Sq Ft
03/28/2012 03/28/12 Price Changed $4,999,000 0.0% $1,064 / Sq Ft
03/05/2012 03/05/12 Price Changed $4,999,999 -9.1% $1,064 / Sq Ft
11/16/2011 11/16/11 For Sale $5,500,000 -- $1,170 / 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 $52,567 $4,710,206 $4,217,638 $492,568
2024 $52,567 $4,617,850 $4,134,940 $482,910
2023 $51,768 $4,527,305 $4,053,863 $473,442
2022 $49,164 $4,438,535 $3,974,376 $464,159
2021 $49,126 $4,351,506 $3,896,448 $455,058
2020 $48,467 $4,306,887 $3,856,495 $450,392
2019 $47,002 $4,222,439 $3,780,878 $441,561
2018 $46,645 $4,139,647 $3,706,744 $432,903
2016 $44,313 $3,978,901 $3,562,807 $416,094
2015 $43,863 $3,919,135 $3,509,291 $409,844
2014 $43,212 $3,842,365 $3,440,549 $401,816
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Raju Chhabria

    Chhabria Real Estate Company

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11150423

California Regional Multiple Listing Service (CRMLS)

APN: 7545-005-016

California Los Angeles County Palos Verdes Estates 90274

924 Via Rincon, Palos Verdes Estates, CA

This home is located at 924 Via Rincon, Palos Verdes Estates, CA 90274 since 16 November 2011 and is currently estimated at $5,924,025, approximately $1,260 per square foot. This property was built in 1962. 924 Via Rincon is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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