NOT LISTED FOR SALE

982 Paseo la Cresta Palos Verdes Estates, CA 90274

Estimated Value: $4,428,000 - $9,869,277

5 Beds
4.5 Baths
4,482 Sq Ft
$1,655/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $6,500,000 $1,450 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $48,089/month

3 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Montemalaga Elementary School Rated A+
  • 31,351 Sq Ft lot
  • Cathedral Ceiling

About This Home

As of August 2018

Jaw-dropping ocean views and a stunning custom home full of rustic Spanish charm! Nestled on a hillside in an idyllic corner of Palos Verdes Estates, this Southern California dream house is perfectly located close to schools, parks, and the Pacific coastline. Enter the property by way of an elegant covered walkway, skirting a bubbling fountain and discovering delightful nooks and paths around every corner. Pass an outdoor fireplace with hand-painted tile surround to approach majestic, one-of-a-kind hand-carved wood double doors welcoming you inside. Every inch of the 4,482 sqft interior oozes character and charm, boasting lofty vaulted ceilings throughout; gorgeous rustic wood beams and architectural details, including built-in window seats, desks, and bookshelves; exquisite Spanish tile; and full-height picture windows gazing out over the Pacific Ocean. Explore a living room with a magnificent beamed ceiling and showpiece fireplace; family room with its own fireplace plus a bonus loft; light and bright dining room with a full wall of windows; and a warm and welcoming kitchen filled with rich wood and tile detail, featuring a unique circular island, breezy breakfast nook, large walk-in pantry, and additional butler’s pantry/wet bar. Lovely mature trees and hedges edge the property, allowing privacy from neighbors while adding to the beauty of the setting. Are you looking for a character home with all the advantages of space, style, and spectacular views? Visit this gem..

Last Agent to Sell the Property

Anne St. Cyr

Vista Sotheby's International Realty License #01930136 Listed on: 07/16/2018

Vista Sotheby's International Realty

Co-Listed By

Richard Edler

Vista Sotheby's International Realty License #01113145

Last Buyer's Agent

Bill Ruth

Coastal Legacy Realty Group License #01047519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,936

Year Built

  • Built in 1977

Lot Details

  • 0.72 Acre Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Front Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 4,482 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Track Lighting
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • Fireplace in Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 7112
  • Assessor Parcel Number 7541020004

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,936

Year Built

Built in 1977

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: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541020004
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4482.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Pantry, Track Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room, Separated
  • Fireplace Features: Dining Room, Living Room, Patio
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1450.25
  • Room Type: Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: 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: Front Yard, Landscaped, Lawn, Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 31351.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 3
  • Tax Tract Number: 7112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 3, 2018
Sold by
Hart David E and Hart Barbara A
Bought by
Solandt Arnaud F and Solandt Sophie F
Seller's Agent
Anne St. Cyr
Vista Sotheby's International Realty
Buyer's Agent
Bill Ruth
Coastal Legacy Realty Group
List Price
$6,499,000
Sold Price
$6,500,000
Premium/Discount to List
$1,000
0.02%
Current Estimated Value
$7,419,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,759
Avg. Annual Appreciation
1.64%
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 Buyer Sale Price Title Company
Solandt Arnaud F $6,500,000 Fidelity National Title Comp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $6,500,000 0.0% $1,450 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $6,499,000 -- $1,450 / 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 $91,936 $8,412,893 $5,577,593 $2,835,300
2024 $91,936 $8,247,935 $5,468,229 $2,779,706
2023 $90,598 $8,086,211 $5,361,009 $2,725,202
2022 $82,608 $7,618,934 $5,255,892 $2,363,042
2021 $82,544 $6,698,686 $5,152,836 $1,545,850
2020 $73,281 $6,630,000 $5,100,000 $1,530,000
2019 $71,029 $6,500,000 $5,000,000 $1,500,000
2018 $10,659 $792,532 $235,932 $556,600
2016 $10,074 $761,759 $226,771 $534,988
2015 $9,958 $750,317 $223,365 $526,952
2014 $9,824 $735,620 $218,990 $516,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18170778

California Regional Multiple Listing Service (CRMLS)

APN: 7541-020-004