949 Via Rincon Palos Verdes Estates, CA 90274
Estimated Value: $5,376,000 - $7,602,000
7
Beds
7.5
Baths
5,616
Sq Ft
$1,118/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Home Theater
- Primary Bedroom Suite
- Montemalaga Elementary School Rated A+
- Heated In Ground Pool
- Open Floorplan
About This Home
As of April 2019Are you interested in a home: with 6 bedrooms plus a maid’s quarter; panoramic queen’s necklace, ocean, and city views; a larger lot with maximum privacy; a newer quality built home, which is built after 2010; a rare opportunity, which is way below today's cost to build? Here it is!! No more looking!! The property is sitting on one of a few lots that goes the entire length from street to street, sits up high with the privacy one wants, but normally can’t get. It features a long gated driveway with a 3-car garage. The California Contemporary architecture has a floor plan that inspires one to live the indoor-outdoor lifestyle year round because the set-up is perfect with the swimming pool, over sized deck space, and spa easily accessible from almost all the main rooms. Wonderful kitchen/family room open up to the glass fenced balcony, you can see the entire coastlines in the daytime, the city lights in the nights, and snow capped mountains in the winter days. The gourmet kitchen has a large center island, dual side-by-side SubZero refrigerator-freezer, Wolf 6 gas burning cook top, two warm drawers and, Bosch dishwasher. Amazing spiral staircase with exquisitely designed wrought iron railings and elevator connect the entire home fabulously, each floor does not have a single step, so wheelchair access is made easier. Multi purpose room with theater, game table, and Gym. Excellent floor plan for an active family. Fantastic value!
Last Agent to Sell the Property
Strand Hill Properties License #00837794 Listed on: 02/25/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $59,144
Year Built
- Built in 2010
Lot Details
- 0.37 Acre Lot
- Rural Setting
- Property is zoned PVR1*
Parking
- 3 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Bay
- Panoramic
- City Lights
- Mountain
- Hills
- Pool
Interior Spaces
- 5,616 Sq Ft Home
- Elevator
- Open Floorplan
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Home Theater
- Home Office
- Storage
- Laundry Room
- Stone Countertops
Bedrooms and Bathrooms
- 7 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Pool
- Heated In Ground Pool
- Gas Heated Pool
Additional Features
- Balcony
- Zoned Heating and Cooling
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 7142
- Assessor Parcel Number 7545004013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2019
Closed on
Mar 13, 2019
Sold by
Lu Family Trust
Bought by
Bobby Lo Living Trust
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
CP Lo
Mountain Realty
List Price
$4,999,000
Sold Price
$4,758,000
Premium/Discount to List
-$241,000
-4.82%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,519,853
Avg. Annual Appreciation
4.64%
Purchase Details
Closed on
Oct 15, 2010
Sold by
Via Rincon Property Llc
Bought by
Lu David S and Lu Michelle T
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
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 26, 2007
Sold by
Lu David S and Lu Michelle T
Bought by
Via Rincon Property Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 3, 2007
Sold by
Schiappa Ennio and Schiappa Michele D
Bought by
Lu David S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 11, 2007
Sold by
Day Ronald F
Bought by
Schiappa Ennio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 5, 2007
Sold by
The Day Trust
Bought by
Day Ronald F
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
6.35%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palos Verdes Estates, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bobby Lo Living Trust | $4,758,000 | Progressive Title Company | |
| Lu David S | -- | Lsi Local Solutions | |
| Via Rincon Property Llc | -- | None Available | |
| Lu David S | -- | Progressive Title Company | |
| Schiappa Ennio | $1,900,000 | Progressive Title Company | |
| Day Ronald F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lu David S | $1,060,000 | |
| Previous Owner | Lu David S | $1,100,000 | |
| Previous Owner | Lu David S | $1,470,000 | |
| Previous Owner | Schiappa Ennio | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2019 04/22/19 | Sold | $4,758,000 | -4.8% | $847 / Sq Ft |
| 03/08/2019 03/08/19 | Pending | -- | -- | -- |
| 02/25/2019 02/25/19 | For Sale | $4,999,000 | -- | $890 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $59,144 | $5,203,563 | $2,727,879 | $2,475,684 |
| 2023 | $58,258 | $5,101,534 | $2,674,392 | $2,427,142 |
| 2022 | $55,323 | $5,001,504 | $2,621,953 | $2,379,551 |
| 2021 | $55,275 | $4,903,437 | $2,570,543 | $2,332,894 |
| 2020 | $54,533 | $4,853,160 | $2,544,186 | $2,308,974 |
| 2019 | $4,779 | $4,312,823 | $2,561,632 | $1,751,191 |
| 2018 | $47,900 | $4,228,258 | $2,511,404 | $1,716,854 |
| 2016 | $45,495 | $4,064,072 | $2,413,884 | $1,650,188 |
| 2015 | $45,032 | $4,003,027 | $2,377,626 | $1,625,401 |
| 2014 | $44,348 | $3,924,614 | $2,331,052 | $1,593,562 |
Source: Public Records
Agents Affiliated with this Home
-
Lily Liang
Seller's Agent in 2019
Lily Liang
Strand Hill Properties
(310) 373-3333
20 in this area
38 Total Sales
-
Joyce Yang
Seller Co-Listing Agent in 2019
Joyce Yang
RE/MAX
2 in this area
46 Total Sales
-
CP Lo
C
Buyer's Agent in 2019
CP Lo
Mountain Realty
(310) 259-7735
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV19042151
APN: 7545-004-013
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