NOT LISTED FOR SALE

Estimated Value: $3,121,000 - $3,757,000

3 Beds
3 Baths
3,232 Sq Ft
$1,032/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2023

Last sale price $3,100,000 $959 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $20,996 / mo

18 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Montemalaga Elementary School Rated A+
  • Wood Flooring
  • Mediterranean Architecture

About This Home

As of October 2023

Located in one of the most sought-after neighborhoods, this Montemalaga home boasts unobstructed panoramic views of the ocean, coastline, mountains, and city from every room, both day and night. Situated on a generous 13,968 Sq Ft lot, this 3,232 Sq Ft home sits elevated above the street. Inside, the bright living room features high open-beam ceilings, and there are three bedrooms and three baths, including a spacious master bedroom with double walk-in closets, a jetted tub, and a balcony that offers mesmerizing views. The attached three-car garage also includes a storage room. As an added bonus, the purchase of this prime property includes a plan with preliminary approval from the city of Palos Verdes Estates and art jury. The proposed plan allows for a floor area of 4,755 Sq Ft and envisions a five-bedroom, five-and-a-half-bath house upon completion, making this property a fantastic opportunity for those seeking a luxurious and customizable living space.

Last Agent to Sell the Property

George Wong

West Shores Realty, Inc. License #00893378 Listed on: 09/07/2023

West Shores Realty, Inc.

Last Buyer's Agent

Joe Alessi

Estate Properties License #01844404

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 13,968 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Driveway Up Slope From Street

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Entry on the 2nd floor
  • Raised Foundation
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,232 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Sunken Living Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rain Gutters

Schools

  • Palos Verdes Peninsula High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 23 / 1634
  • Tax Tract Number 7142
  • Assessor Parcel Number 7545004023

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.32 Acres

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545004023
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3232.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Copper Plumbing Full, Crown Molding, High Ceilings, Storage, Sunken Living Room, Tile Counters, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Wood Burning, Masonry
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 959.16
  • Room Type: Entry, Great Room, Kitchen, Laundry, Living Room, Primary Suite
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Jetted Tub, Separate Tub And Shower, Soaking Tub, Tile Counters, Vanity Area
  • Room Kitchen Features: Pots & Pan Drawers, Tile Counters

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Coastline, Mountain(s), Neighborhood, Ocean, Panoramic
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Disposal, Refrigerator, Water Heater, Water Line to Refrigerator, Water Purifier
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • High School: Palos Verdes Peninsula
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 13968.00
  • Lot Size Acres: 0.3207

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13968.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1634
  • Tax Census Tract: 6703.24
  • Tax Lot: 23
  • Tax Tract Number: 7142

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 28, 2023
Sold by
Bought by
Seller's Agent
George Wong
West Shores Realty, Inc.
Buyer's Agent
Joe Alessi
Estate Properties
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%
Views
48
Current Estimated Value
$3,336,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,093
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,100,000 Ticor Title Company
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $3,100,000 -4.6% $959 / Sq Ft
09/07/2023 09/07/23 For Sale $3,250,000 +18.2% $1,006 / Sq Ft
06/15/2021 06/15/21 Sold $2,750,000 +10.2% $851 / Sq Ft View Prior Sale
05/19/2021 05/19/21 For Sale $2,495,000 0.0% $772 / Sq Ft
12/01/2012 12/01/12 Rented $5,900 0.0% --
11/19/2012 11/19/12 Under Contract -- -- --
10/02/2012 10/02/12 For Rent $5,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $36,983 $3,162,000 $2,335,392 $826,608
2024 $33,662 $2,918,321 $2,334,657 $583,664
2023 $33,115 $2,861,100 $2,288,880 $572,220
2022 $31,463 $2,805,000 $2,244,000 $561,000
2021 $10,219 $767,953 $397,578 $370,375
2020 $10,090 $760,080 $393,502 $366,578
2019 $9,826 $745,178 $385,787 $359,391
2018 $9,663 $730,568 $378,223 $352,345
2016 $9,144 $702,201 $363,537 $338,664
2015 $9,040 $691,654 $358,077 $333,577
2014 $8,912 $678,106 $351,063 $327,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23164855

California Regional Multiple Listing Service (CRMLS)

APN: 7545-004-023

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