968 Via Rincon Palos Verdes Estates, CA 90274
Estimated Value: $6,686,000 - $9,043,686
4
Beds
5
Baths
5,530
Sq Ft
$1,414/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Wine Cellar
- Home Theater
- Montemalaga Elementary School Rated A+
- 24-Hour Security
- Heated Infinity Pool
About This Home
As of October 2015Impressive Contemporary Private MasterpieceThis stunning brand new contemporary masterpiece is a sight to behold on half an acre lot sitting at approximately 5,530SF with 4 bedrooms, 4 and a half baths and a 3 car garage with a work shop. This flawless home has set the new standard for luxury homes in Palos Verdes Estates. From the moment you enter the house, your eyes are drawn to the explosive, "Queens Necklace” view with panoramic ocean and city views beyond compare. The home is an entertainer’s dream featuring an oversized infinity edge lap pool, shooting range / security room fully incased with concrete, dry sauna, steam shower, built in safe, built in wet bar, temperature controlled wine cellar for 2500 bottles with original 1903 built in bank vault door. This house features 9 flat TV screens, Sub-Zero & Miele appliances, gorgeous fireplaces, slate roof, solar panels and emergency generator. African Mahogany, radiant heat and air condition are throughout the house with a fully integrated high tech home automation Savant system.A must see trophy gem in a world class location which provides complete privacy.
Last Agent to Sell the Property
West Shores Realty, Inc. License #01936816 Listed on: 03/09/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $81,680
Year Built
- Built in 2015 | Newly Remodeled
Lot Details
- 0.52 Acre Lot
- Northwest Facing Home
- Security Fence
- Masonry wall
- Privacy Fence
- Wood Fence
- Block Wall Fence
- Chain Link Fence
- Wire Fence
- Stucco Fence
- New Fence
- Drip System Landscaping
- Paved or Partially Paved Lot
- Irregular Lot
- Steep Slope
- Front and Back Yard Sprinklers
- Lawn
- Garden
- On-Hand Building Permits
Parking
- 3 Car Direct Access Garage
- Parking Available
- Workshop in Garage
- Front Facing Garage
- Three Garage Doors
- Garage Door Opener
- Driveway
- Off-Street Parking
- Unassigned Parking
- Community Parking Structure
Property Views
- White Water Ocean
- Marina
- Coastline
- Views of a pier
- Panoramic
- City Lights
- Woods
- Mountain
- Park or Greenbelt
- Neighborhood
Home Design
- Custom Home
- Contemporary Architecture
- Turnkey
- Pillar, Post or Pier Foundation
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Slate Roof
- Ridge Vents on the Roof
- Fire Retardant Roof
- Copper Roof
- Stone Roof
- Wood Siding
- Stone Siding
- Steel Beams
- Pre-Cast Concrete Construction
- Partial Copper Plumbing
- Concrete Perimeter Foundation
- HardiePlank Type
- Radiant Barrier
- Plaster
- Stucco
Interior Spaces
- 5,530 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- Dual Staircase
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Custom Window Coverings
- Blinds
- Sliding Doors
- Formal Entry
- Wine Cellar
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Theater
- Den
- Bonus Room
- Workshop
- Storage
- Sauna
- Home Gym
- Center Hall
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Self-Cleaning Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Indoor Grill
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Multi-Level Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Alarm System
- Security Lights
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Halls are 48 inches wide or more
- Doors swing in
- More Than Two Accessible Exits
- Low Pile Carpeting
- Accessible Parking
Eco-Friendly Details
- Solar Power System
- Solar Heating System
Pool
- Heated Infinity Pool
- Filtered Pool
- Heated Lap Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
- Gunite Spa
- Permits For Spa
- Permits for Pool
Outdoor Features
- Living Room Balcony
- Deck
- Enclosed patio or porch
- Fire Pit
- Exterior Lighting
- Separate Outdoor Workshop
- Outdoor Grill
- Rain Gutters
Utilities
- High Efficiency Air Conditioning
- SEER Rated 16+ Air Conditioning Units
- Forced Air Zoned Heating and Cooling System
- High Efficiency Heating System
- Air Source Heat Pump
- Heating System Uses Natural Gas
- Radiant Heating System
- Vented Exhaust Fan
- Underground Utilities
- 220 Volts For Spa
- 220 Volts in Garage
- 220 Volts in Kitchen
- 220 Volts in Workshop
- Gas Water Heater
- Water Purifier
- Sewer Applied For Permit
- Phone System
- Cable TV Available
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 7142
- Assessor Parcel Number 7545003005
Community Details
Overview
- No Home Owners Association
- Foothills
Additional Features
- Laundry Facilities
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2015
Closed on
Sep 2, 2015
Sold by
Moore Darren C
Bought by
Fishman Michael and Fishman Nicole
Seller's Agent
Claudia Domo
West Shores Realty, Inc.
Buyer's Agent
Rosanna Libertucci
West Shores Realty, Inc.
List Price
$8,200,000
Sold Price
$7,450,000
Premium/Discount to List
-$750,000
-9.15%
Total Days on Market
155
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
$369,172
Avg. Annual Appreciation
0.50%
Original Mortgage
$4,777,500
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 3, 2011
Sold by
Rc Sales Inc
Bought by
Moore Darren C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 2011
Sold by
Chhabria Raju
Bought by
Rc Sales Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 17, 2011
Sold by
Chhabria Philomina
Bought by
Chhabria Raju
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 2011
Sold by
Matsuhashi Hideki
Bought by
Chhabria Raju
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2005
Sold by
Monk Alonzo
Bought by
Matsuhashi Hideki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Interest Rate
5.81%
Mortgage Type
Negative Amortization
Similar Homes in the area
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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 |
|---|---|---|---|
| Fishman Michael | $7,350,000 | First American Title Company | |
| Moore Darren C | $1,850,000 | Lawyers Title Company | |
| Rc Sales Inc | -- | Lawyers Title | |
| Chhabria Raju | -- | Lawyers Title Company | |
| Chhabria Raju | $1,500,000 | Lawyers Title Company | |
| Matsuhashi Hideki | $2,800,000 | Progressive Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fishman Michael | $3,000,000 | |
| Closed | Fishman Michael | $3,000,000 | |
| Closed | Fishman Michael | $4,777,500 | |
| Previous Owner | Chhabria Raju | $1,200,000 | |
| Previous Owner | Matsuhashi Hideki | $240,000 | |
| Previous Owner | Matsuhashi Hideki | $2,240,000 | |
| Previous Owner | Monk Alonzo | $232,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2015 10/14/15 | Sold | $7,450,000 | -3.2% | $1,347 / Sq Ft |
| 08/11/2015 08/11/15 | Pending | -- | -- | -- |
| 07/13/2015 07/13/15 | Price Changed | $7,700,000 | -2.5% | $1,392 / Sq Ft |
| 04/20/2015 04/20/15 | Price Changed | $7,900,000 | -3.7% | $1,429 / Sq Ft |
| 03/09/2015 03/09/15 | For Sale | $8,200,000 | -- | $1,483 / 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 | $81,680 | $7,290,000 | $3,818,500 | $3,471,500 |
| 2023 | $70,676 | $6,239,000 | $3,268,000 | $2,971,000 |
| 2022 | $74,276 | $6,800,000 | $3,561,900 | $3,238,100 |
| 2021 | $66,768 | $5,972,000 | $3,128,200 | $2,843,800 |
| 2020 | $66,522 | $5,972,000 | $3,128,200 | $2,843,800 |
| 2019 | $65,727 | $5,972,000 | $3,128,200 | $2,843,800 |
| 2018 | $66,647 | $5,972,000 | $3,128,200 | $2,843,800 |
| 2017 | $81,448 | $7,497,000 | $3,927,000 | $3,570,000 |
| 2016 | $80,287 | $7,350,000 | $3,850,000 | $3,500,000 |
| 2015 | $55,578 | $5,001,627 | $1,933,439 | $3,068,188 |
| 2014 | $25,069 | $2,205,286 | $1,895,566 | $309,720 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Domo
Seller's Agent in 2015
Claudia Domo
West Shores Realty, Inc.
(424) 452-1010
5 Total Sales
-
Rosanna Libertucci
Buyer's Agent in 2015
Rosanna Libertucci
West Shores Realty, Inc.
2 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15049666
APN: 7545-003-005
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