NOT LISTED FOR SALE

983 La Cresta Place Palos Verdes Estates, CA 90274

Estimated Value: $4,512,000 - $7,704,000

5 Beds
5 Baths
4,618 Sq Ft
$1,215/Sq Ft Est. Value

About This Home

This home is located at 983 La Cresta Place, Palos Verdes Estates, CA 90274 and is currently estimated at $5,612,638, approximately $1,215 per square foot. 983 La Cresta Place is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2014
Sold by
Rich Cynthia Lee
Bought by
The Rich Trust
Current Estimated Value
$5,612,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 2, 2011
Sold by
Rich Cindy L and Rich Cynthia Lee
Bought by
Rich Cynthia Lee

Purchase Details

Closed on
Sep 27, 2010
Sold by
Rich Steven E and Rich Cindy L
Bought by
Rich Cindy L

Purchase Details

Closed on
Apr 2, 2010
Sold by
Rich Steven Edward and Rich Cynthia Lee
Bought by
Rich Steven E and Rich Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2004
Sold by
Huber Louis C and Huber Kathleen A
Bought by
Rich Steven Edward and Rich Cynthia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1999
Sold by
Huber Louis
Bought by
Huber Louis C and Huber Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
The Rich Trust -- Old Republic Title Company
Rich Cynthia Lee -- None Available
Rich Cindy L -- None Available
Rich Steven E -- None Available
Rich Steven Edward $2,706,000 Progressive Title
Huber Louis C -- Equity Title
Huber Louis C -- Equity Title
Huber Louis C -- Equity Title
Huber Kathleen A -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Steven E $1,300,000
Closed Rich Steven E $1,800,000
Closed The Rich Trust $1,800,000
Closed Rich Cynthia Lee $100,000
Closed Rich Cynthia Lee $150,000
Closed Rich Steven Edward $100,000
Closed Rich Steven Edward $200,999
Closed Rich Steven Edward $80,000
Previous Owner Rich Steven Edward $1,000,000
Previous Owner Huber Louis C $0
Previous Owner Huber Louis C $628,000
Previous Owner Huber Louis C $650,000
Closed Rich Steven Edward $893,000
Source: Public Records

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 $42,756 $3,697,421 $2,834,977 $862,444
2023 $42,093 $3,624,924 $2,779,390 $845,534
2022 $40,004 $3,553,848 $2,724,893 $828,955
2021 $39,975 $3,484,165 $2,671,464 $812,701
2020 $39,444 $3,448,440 $2,644,072 $804,368
2019 $38,269 $3,380,825 $2,592,228 $788,597
2018 $37,765 $3,314,535 $2,541,400 $773,135
2016 $35,864 $3,185,829 $2,442,715 $743,114
2015 $35,496 $3,137,976 $2,406,024 $731,952
2014 $34,967 $3,076,509 $2,358,894 $717,615
Source: Public Records

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