964 Via Rincon Palos Verdes Estates, CA 90274
2
Beds
3.5
Baths
3,147
Sq Ft
0.5
Acres
Highlights
- White Water Ocean Views
- Above Ground Spa
- Two Primary Bedrooms
- Montemalaga Elementary School Rated A+
- All Bedrooms Downstairs
- 0.5 Acre Lot
About This Home
As of February 2024View! View! View! Panoramic views from the ocean to the beach, from the city lights to the mountain, enjoyed in both day and night! A 2007 rebuilt from famed architect Don Thursby and winning Interior designer Juan Forteza, this home is a dream come true, a real Italian villa in Palos Verdes Estates with your own grown production of olive oil! This might be an ideal home away from home or just wanting of a simple life, but still, wish for an amazingly fabulous built home at this huge property with also great privacy! This is the chance to get a beautiful home, which is not built on the lot as big as you can, but a cozy villa to call home! This home has two-bedroom suites, one on each wing and a working/study area in the middle and with Walnut hardwood floors throughout. The main suite has two totally separated spacious baths and two large walk-in closets, this spacious suite has a fireplace and a huge view balcony with a spa. The other suite also has a fireplace and a view balcony. The study or working area is equipped with all the built-ins for an efficient office or mudroom, it is next to an outdoor sitting area. The public area is so amazing, from the foyer to the living room, dining room, all with the beam ceilings, niches, and architectural details throughout, it makes you wonder if you are on vacation somewhere and touring a landmark building. The outdoor living area has a fireplace, two pizza ovens, grills… did I forget about the gourmet kitchen? It has Thermador refrigerator/freezer, 6-burner stove, warming drawers, wine cellar refrigerator, and also divider drawers for easy organization, all ready for the Chef!!! Enjoy a glass of wine from the many balconies and view vista from corner to corner. Also, how about a round of bocce after a long day at the court? This is the lifestyle that you always wanted!! By the way, there is also a hidden storage with all gardener’s needs and another basement for storage, which are not included in the sq.ft. Finally, there is a unique tower powder room with mirror windows on the top and an onyx floor… a unique home for the very unique buyer! Huge price reduction, seller motivated and they cannot rebuild this at this price! Please make sure to review the custom video, virtual tour, and 3D floor plan!
Last Agent to Sell the Property
Strand Hill Properties License #00837794 Listed on: 06/14/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $51,093
Year Built
- Built in 2007
Lot Details
- 0.5 Acre Lot
- Rural Setting
- Landscaped
- Lot Sloped Down
- Sprinkler System
- Private Yard
- Lawn
- Garden
- Back and Front Yard
- Property is zoned PVR1YY
Parking
- 2 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
- Bluff
- Mountain
- Hills
Interior Spaces
- 3,147 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Home Office
- Fireplace in Kitchen
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- All Bedrooms Down
- Double Master Bedroom
- Walk-In Closet
Outdoor Features
- Above Ground Spa
- Outdoor Fireplace
Utilities
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 4 / 1731
- Tax Tract Number 7142
- Assessor Parcel Number 7545003004
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2021
Closed on
Jan 21, 2022
Sold by
Gill Family Trust
Bought by
Thomas D Wolfe Jr Revocable Tr
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Trey Alligood
Douglas Elliman
List Price
$5,495,000
Sold Price
$4,350,000
Premium/Discount to List
-$1,145,000
-20.84%
Total Days on Market
216
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
$375,923
Avg. Annual Appreciation
2.54%
Original Mortgage
$4,500,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2013
Sold by
Gill Timothy J and Gill Julia M
Bought by
Gill Timothy John and Gill Julia Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 30, 2004
Sold by
Thomas D Wolfe Jr Revocable Trust
Bought by
Chang Deborah
Purchase Details
Closed on
Jan 13, 2004
Sold by
Tompkins Suzanne and Edwin H Tompkins Jr 2002 Trust
Bought by
Gill Timothy J and Gill Julia M
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
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 2002
Sold by
Tompkins Edwin H
Bought by
Tompkins Edwin H and Edwin H Tompkins Jr 2002 Trust
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,350,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $4,450,000 | Progressive Title Company | |
| Grant Deed | $1,600,000 | First American Title Co Los | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,500,000 | New Conventional | |
| Previous Owner | $4,500,000 | New Conventional | |
| Previous Owner | $332,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $850,000 | New Conventional | |
| Previous Owner | $1,012,700 | New Conventional | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Closed | $250,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $4,450,000 | -7.3% | $1,277 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | For Sale | $4,798,000 | +10.3% | $1,377 / Sq Ft |
| 02/07/2022 02/07/22 | Sold | $4,350,000 | -3.1% | $1,382 / Sq Ft |
| 01/16/2022 01/16/22 | Pending | -- | -- | -- |
| 01/01/2022 01/01/22 | Price Changed | $4,488,000 | -8.4% | $1,426 / Sq Ft |
| 10/18/2021 10/18/21 | Price Changed | $4,899,000 | -10.8% | $1,557 / Sq Ft |
| 06/14/2021 06/14/21 | For Sale | $5,495,000 | -- | $1,746 / 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 | $51,093 | $4,525,739 | $3,601,864 | $923,875 |
| 2023 | $50,307 | $4,437,000 | $3,531,240 | $905,760 |
| 2022 | $36,571 | $3,293,075 | $2,057,913 | $1,235,162 |
| 2021 | $36,555 | $3,228,506 | $2,017,562 | $1,210,944 |
| 2019 | $34,975 | $3,132,749 | $1,957,721 | $1,175,028 |
| 2018 | $34,772 | $3,071,324 | $1,919,335 | $1,151,989 |
| 2016 | $33,037 | $2,952,061 | $1,844,805 | $1,107,256 |
| 2015 | $29,946 | $2,907,719 | $1,817,095 | $1,090,624 |
| 2014 | $32,210 | $2,850,762 | $1,781,501 | $1,069,261 |
Source: Public Records
Agents Affiliated with this Home
-
Lily Liang
Seller's Agent in 2024
Lily Liang
Strand Hill Properties
(310) 373-3333
20 in this area
38 Total Sales
-
Judy Henry
Buyer's Agent in 2024
Judy Henry
RE/MAX
(310) 802-2377
4 in this area
22 Total Sales
-
Trey Alligood
Buyer's Agent in 2022
Trey Alligood
Douglas Elliman
(310) 876-9699
1 in this area
66 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV21129264
APN: 7545-003-004
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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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