$2,910,000
SOLD JUL 25, 2019

976 Via Del Monte Palos Verdes Estates, CA 90274

5 Beds
5.5 Baths
5,016 Sq Ft
0.38 Acres

Recently Sold

$580 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • 3 Car Attached Garage
  • Open Floorplan

About This Home

As of July 2019

Just finished improvements with a new relaunch and a HUGE price improvement to this custom Spanish style home w/ jaw dropping panoramic views. Near the pinnacle of Palos Verdes Estates, gaze over Malaga Cove below, with lush treetops and dazzling city lights visible from nearly every room of the 5,000-sqft (estimated) residence situated on approximately 1/3 acres. Designed by local Architect Russ Barto and completely rebuilt in 2007, this property offers the very best of both indoor and outdoor living! Walk in through a hardwood foyer with recessed edge lighting to an open-concept floor plan. The large gourmet kitchen is perfect for hosting with massive island, walk-in pantry, and custom cabinetry. Adjacent is a great room which opens to a charming covered terrace, both featuring rustic wood beamed ceilings and fireplaces. The main level also offers a spacious master suite with his and hers closets, steam shower, and jacuzzi tub, plus an office with custom built-ins. Access the lower level from either the indoor or outdoor staircase—a stunning showpiece with hand-painted ceramic tile—to find 3 more bedrooms each with dedicated bathrooms, a bonus room /optional 5th bedroom with its own ensuite plus laundry, a family / game room with wet-bar! Let the massive hardscape deck become your ultimate entertaining space, complete with saltwater pool and spa, custom bbq, and built-in fire pit w/ azul stone. Space, style, schools, and location—this home delivers on every level!

Last Agent to Sell the Property

Nicole Stober

Estate Properties License #02068466 Listed on: 06/01/2019

Estate Properties

Co-Listed By

Christopher Barhoum

Coldwell Banker Realty License #01463347

Last Buyer's Agent

Gary Elminoufi

Beach City Brokers License #01139207

Beach City Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,316

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 3 Open Parking Spaces
  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 5,016 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Double Door Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7142
  • Assessor Parcel Number 7545003016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,316

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545003016
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5016.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Wet Bar, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 580.14
  • Room Type: Bonus Room, Game Room, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Workshop
  • Spa Features: Private, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Jetted Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Second Garage Attached, Workshop
  • Exterior Features: Barbecue Private
  • View: City Lights, Ocean
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Private, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16575.00
  • Lot Size Acres: 0.3805

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16575.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 7142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 16, 2019
Sold by
Shapiro Bradley Jacob
Bought by
Mickael Timothy R and Mickael Megan S
Seller's Agent
Nicole Stober
Estate Properties
Buyer's Agent
Gary Elminoufi
Beach City Brokers
List Price
$2,999,000
Sold Price
$2,910,000
Premium/Discount to List
-$89,000
-2.97%
Current Estimated Value
$4,744,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,834,222
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Shapiro Bradley J
Bought by
Shapiro Bradley Jacob

Purchase Details

Listed on
Sep 21, 2015
Closed on
Oct 1, 2015
Sold by
Bird George F
Bought by
Shapiro Bradley J
Seller's Agent
Kim Hall
Estate Properties
Buyer's Agent
Steven Watts
Vista Sotheby's International Realty
List Price
$3,450,000
Sold Price
$3,200,000
Premium/Discount to List
-$250,000
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,650,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2005
Sold by
Bird George F
Bought by
Bird George F and Bird Karen Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bird George F
Bought by
Bird George F and Bird Karen Hunter

Purchase Details

Closed on
Oct 26, 1999
Sold by
Mokhtari Hossein
Bought by
Bird George F and Bird Karen Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1994
Sold by
Mokhtari Hossein
Bought by
Mokhtari Hossein and Mokhtari Manizheh

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
8.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Grant Deed $2,910,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $3,200,000 Progressive Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed $980,000 Orange Coast Title
Interfamily Deed Transfer -- Title Land
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $1,650,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,340,000 Unknown
Previous Owner $160,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,750,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,350,000 Unknown
Previous Owner $1,115,000 Unknown
Previous Owner $150,000 Stand Alone Second
Previous Owner $944,000 Unknown
Previous Owner $735,000 Purchase Money Mortgage
Previous Owner $500,000 Purchase Money Mortgage
Closed $196,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $2,910,000 -3.0% $580 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $2,999,000 -6.3% $598 / Sq Ft
11/13/2015 11/13/15 Sold $3,200,000 -7.2% $638 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $3,450,000 -- $688 / Sq Ft
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 $36,316 $3,182,505 $1,760,767 $1,421,738
2024 $36,316 $3,120,104 $1,726,243 $1,393,861
2023 $35,739 $3,058,927 $1,692,396 $1,366,531
2022 $33,970 $2,998,949 $1,659,212 $1,339,737
2021 $33,949 $2,940,147 $1,626,679 $1,313,468
2020 $33,498 $2,910,000 $1,610,000 $1,300,000
2019 $38,155 $3,395,864 $1,957,291 $1,438,573
2018 $37,864 $3,329,279 $1,918,913 $1,410,366
2016 $35,961 $3,200,000 $1,844,400 $1,355,600
2015 $20,760 $1,763,547 $997,501 $766,046
2014 $20,451 $1,729,003 $977,962 $751,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19127417

California Regional Multiple Listing Service (CRMLS)

APN: 7545-003-016