$3,900,000
SOLD DEC 18, 2018
5 Beds
5.5 Baths
6,500 Sq Ft
0.38 Acres

Recently Sold

$600 Per Sq Ft

13% Below List Price

226 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

This stunning, newly built home sits on a tree-lined lot featuring a gated driveway, sparkling pool and spa, three large decks, two built-in grills, and a massive lawn—all set amid spectacular city views and peek a boo ocean views bathed in the glow of a California sunset. With 6BR/5.5BA and 6500 sq. ft of living space, the residence offers lofty ceilings, striking architectural details, and flawless finishes throughout. French doors line the airy rooms, flooding the home with natural light. Gather in a gorgeous chef’s kitchen with enormous custom island and top-of-the-line Sub-Zero and Wolf appliances. Entertain in a two-story living room, elegant dining room, and spacious family room with perfect flow. Retreat to a secluded master suite with private balcony and fireplace. Other highlights include a 3-level elevator; basement rec space with wet bar; 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! **Tax Records show 6,000 sq. ft. taped showed more than 6500 sq. ft., buyer to verify.

Last Agent to Sell the Property

Darin DeRenzis

Vista Sotheby’s International Realty License #01760239 Listed on: 01/30/2018

Vista Sotheby’s International Realty

Co-Listed By

Kitty Edler

Vista Sotheby's International Realty License #00800837

Last Buyer's Agent

Steven Watts

Vista Sotheby's International Realty License #00966894

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,193

Year Built

  • Built in 2016

Lot Details

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

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 6,500 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
  • 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
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 8
  • 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

  • Assessments: No
  • Other Phone Description: Erika Medina
  • Other Phone Number: 310.421.2814
  • 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: 6500.00 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: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 600.00
  • 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

  • Foundation: Slab
  • View: City Lights, Coastline, Ocean
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street
  • 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

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 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
226
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 Type Sale Price Title Company
Grant Deed $3,900,000 Usa Title Company
Grant Deed $3,900,000 Consumers Title Company
Grant Deed -- None Available
Grant Deed $1,495,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Sheriffs Deed $679,000 None Available
Grant Deed -- Lawyers Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $2,700,000 New Conventional
Previous Owner $2,210,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
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: SB18017025

California Regional Multiple Listing Service (CRMLS)

APN: 7545-003-008