NOT LISTED FOR SALE

Estimated Value: $5,298,000 - $6,012,000

5 Beds
6 Baths
6,539 Sq Ft
$870/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $3,900,000 $596 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $34,215/month

41 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Updated Kitchen
  • Montemalaga Elementary School Rated A+
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of December 2019

Presenting an exceptional 2016 built home with 5 bedrooms and 5.5 bathrooms that sits on an expansive lot featuring an inviting pool and spa, flexible entertaining options, and an extra-large lawn. The home additionally showcases timeless city and peek-a-boo ocean views. High ceilings, unique architectural details, and tasteful finishes throughout make this home its own work of art. French doors enable every room to be drenched with natural light. Enjoy creating culinary masterpieces in this beautiful chef’s kitchen with Sub Zero and Wolf Appliances and views of the backyard and hillside. With a dramatic two story living room with stone fireplace, elegant and oversized dining room, and spacious family room this estate offers perfect flow for entertaining! Once all your guests are gone and dishes are put away, retreat to the secluded master suite with fireplace, sitting area, fabulous master bathroom, large walk in closet, and private balcony. Other highlights include a 3-level elevator; Lowest level offers a separate sitting area with wet bar, office/or bedroom, recreation/playroom, ; 3-car garage plus additional storage rooms; 1 outdoor and 3 indoor fireplaces; and much more. Visit this sprawling, sophisticated dream home to experience all it has to offer!

Last Agent to Sell the Property

Steven Watts

Vista Sotheby's International Realty License #00966894 Listed on: 08/19/2019

Vista Sotheby's International Realty

Last Buyer's Agent

Norma Toering

Charlemagne Int'l Properties License #01147470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,193

Year Built

  • Built in 2016

Lot Details

  • 0.38 Acre Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned PVR1YY

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 6,539 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 6 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 8 / 1731
  • Tax Tract Number 7142
  • Assessor Parcel Number 7545003008

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,193

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545003008
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6539.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 596.42
  • Room Type: Basement, Bonus Room, Den, Dressing Area, Entry, Family Room, Formal Entry, Great Room, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: City Lights, Coastline, Ocean
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 16708.00
  • Lot Size Acres: 0.3836

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16708.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1731
  • Tax Census Tract: 6703.24
  • Tax Lot: 8
  • Tax Tract Number: 7142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Meredith Lynne Cote and Meredith James Robert
Bought by
Ou Kevin Benjamin and Ou Jeannie Yan Nay
Total Days on Market
41
Current Estimated Value
$5,690,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
South Bay Land Management & Development
Bought by
Meredith Lynne Cote and Meredith James Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2017
Sold by
Halpern Alden
Bought by
South Bay Land Management & Development

Purchase Details

Closed on
Jul 18, 2013
Sold by
Sigal Emma
Bought by
Halpern Alden

Purchase Details

Closed on
May 8, 2013
Sold by
Delangis David Jon
Bought by
Sigal Emma

Purchase Details

Closed on
Mar 29, 2007
Sold by
Newville John Kenney and Newville Mary Ann
Bought by
Delangis David Jon

Purchase Details

Closed on
Jul 22, 1994
Sold by
Newville John Kenney and Newville Mary Ann
Bought by
Newville John Kenney and Newville Mary Ann
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ou Kevin Benjamin $3,900,000 Usa Title Company
Meredith Lynne Cote $3,900,000 Consumers Title Company
South Bay Land Management & Development -- None Available
Halpern Alden $1,495,000 First American Title Company
Sigal Emma -- First American Title Company
Sigal Emma $679,000 None Available
Delangis David Jon -- Lawyers Title Company
Newville John Kenney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Kevin Benjamin $3,000,000
Previous Owner Ou Kevin Benjamin $2,700,000
Previous Owner Cote Meredith Iv James Robert $2,210,000
Previous Owner Meredith Lynne Cote $2,200,000
Previous Owner Delangis David Jon $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $3,900,000 -8.2% $596 / Sq Ft
09/29/2019 09/29/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $4,248,000 +8.9% $650 / Sq Ft
12/18/2018 12/18/18 Sold $3,900,000 -7.0% $600 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
05/28/2018 05/28/18 Price Changed $4,195,000 -6.8% $645 / Sq Ft
01/30/2018 01/30/18 For Sale $4,499,000 -- $692 / 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
2024 $48,193 $4,181,585 $1,922,457 $2,259,128
2023 $47,458 $4,099,594 $1,884,762 $2,214,832
2022 $45,097 $4,019,210 $1,847,806 $2,171,404
2021 $45,054 $3,940,403 $1,811,575 $2,128,828
2020 $44,528 $3,900,000 $1,793,000 $2,107,000
2019 $44,006 $3,900,000 $1,957,000 $1,943,000
2018 $44,055 $3,853,769 $1,610,667 $2,243,102
2017 $41,570 $3,778,206 $1,579,086 $2,199,120
2016 $17,440 $1,548,124 $1,548,124 $0
2015 $17,262 $1,524,870 $1,524,870 $0
2014 $17,677 $1,495,000 $1,196,000 $299,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19195612

California Regional Multiple Listing Service (CRMLS)

APN: 7545-003-008