$3,888,000
SOLD NOV 1, 2018
6 Beds
6.5 Baths
6,219 Sq Ft
0.3 Acres

Recently Sold

$625 Per Sq Ft

3% Below List Price

67 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom

About This Home

As of November 2023

Extraordinary Monte Malaga masterpiece with sweeping panoramic QUEEN'S NECKLACE VIEW. This rare find contemporary two-level home features six-car garage (or 9 smaller cars garage), 6 bedroom suites, 6.5 bathrooms, a library, cozy family room & a large media room can be used as home theater, huge laundry/mudroom. Impressive entry leads to extra large living room with high ceilings, fireplace & panoramic coastline view. Formal dining room has built-in cabinets. Remodeled gourmet kitchen has built-in refrigerator, newer appliances & large island. Charming breakfast area has a bay window overlooking the tranquil back yard with pool/spa, patio & grassy area. Remodeled master bath with Jacuzzi tub & separate steam shower, huge walk in closet. Gleaming hardwood floors throughout. Downstairs feature a copy family room with view, mini kitchen & media room for movies, games & family activities, the front bedroom suite with coastline view & other two bedroom suites. Direct access to the 6 car garage.

Last Agent to Sell the Property

Joyce Yang

Estate Properties License #00915854 Listed on: 08/03/2018

Estate Properties

Co-Listed By

Lily Liang

Strand Hill Properties License #00837794

Last Buyer's Agent

Christina Carrillo

Keller Williams Silicon Beach License #01914136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,654

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Back Yard

Parking

  • 6 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 6,219 Sq Ft Home
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Bonus Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 7142
  • Assessor Parcel Number 7545004022

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,654

Year Built

Built in 1980

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545004022
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6219.00 Square Feet
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 625.18
  • Room Type: Bonus Room, Family Room, Formal Entry, Library, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • 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: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 13116.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 7142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 6, 2023
Sold by
Bowles Sean M
Bought by
Sun Qing Wen and Li Bi Xiang
Seller's Agent
Rick Wilkinson
Redfin Corporation
Buyer's Agent
Mike Sun
WeTrust Realty
List Price
$5,750,000
Sold Price
$5,700,000
Premium/Discount to List
-$50,000
-0.87%
Views
99
Current Estimated Value
$6,241,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,936
Avg. Annual Appreciation
6.11%
Original Mortgage
$3,420,000
Outstanding Balance
$3,356,137
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$2,967,027

Purchase Details

Closed on
Oct 14, 2021
Sold by
Given Geoffrey and 961 Via Rincon Trust
Bought by
Bowles Sean M

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 17, 2018
Sold by
Lu David S and Lu Michelle T
Bought by
Given Geoffrey
Seller's Agent
Joyce Yang
Estate Properties
Buyer's Agent
Christina Carrillo
Keller Williams Silicon Beach
List Price
$3,999,900
Sold Price
$3,888,000
Premium/Discount to List
-$111,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Lu David S
Bought by
Lu David S and Lu Michelle T

Purchase Details

Closed on
May 4, 1998
Sold by
Giuliano Nancy
Bought by
Lu Davis 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
$1,420,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1997
Sold by
Giuliano Nancy
Bought by
Giuliano Nancy Ritmire

Purchase Details

Closed on
Sep 12, 1996
Sold by
Giuliano Nancy
Bought by
Giuliano Nancy Ritmire

Purchase Details

Closed on
Sep 23, 1993
Sold by
Giuliano Sebastian Robert
Bought by
Giuliano Sebastian Robert and Giuliano Nancy Ritmire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 $5,700,000 Usa National Title Company
Quit Claim Deed -- None Available
Grant Deed $3,888,000 Progressive Title Companty
Interfamily Deed Transfer -- --
Grant Deed $1,775,000 Commonwealth Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Southland Title
Quit Claim Deed -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,420,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $830,000 Unknown
Previous Owner $850,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $450,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $999,980 Unknown
Previous Owner $1,420,000 Unknown
Previous Owner $1,420,000 Purchase Money Mortgage
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $5,700,000 -0.9% $917 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $5,750,000 +47.9% $925 / Sq Ft
11/01/2018 11/01/18 Sold $3,888,000 -2.8% $625 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $3,999,900 0.0% $643 / Sq Ft
04/04/2016 04/04/16 Rented $10,000 -8.3% --
04/04/2016 04/04/16 Under Contract -- -- --
02/12/2016 02/12/16 For Rent $10,900 +24.6% --
08/16/2013 08/16/13 Rented $8,750 0.0% --
08/15/2013 08/15/13 Under Contract -- -- --
07/17/2013 07/17/13 For Rent $8,750 -- --
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 $64,654 $5,814,000 $2,703,204 $3,110,796
2024 $64,654 $5,700,000 $2,650,200 $3,049,800
2023 $56,165 $4,896,000 $2,958,000 $1,938,000
2022 $53,347 $4,800,000 $2,900,000 $1,900,000
2021 $45,808 $4,006,845 $1,959,005 $2,047,840
2020 $45,197 $3,965,760 $1,938,918 $2,026,842
2019 $43,847 $3,888,000 $1,900,900 $1,987,100
2018 $34,787 $2,999,927 $1,016,024 $1,983,903
2016 $32,526 $2,838,237 $976,571 $1,861,666
2015 $32,188 $2,795,605 $961,902 $1,833,703
2014 $31,698 $2,740,844 $943,060 $1,797,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18188115

California Regional Multiple Listing Service (CRMLS)

APN: 7545-004-022