NOT LISTED FOR SALE

991 Paseo la Cresta Palos Verdes Estates, CA 90274

Estimated Value: $4,070,028 - $5,119,000

5 Beds
4.5 Baths
4,526 Sq Ft
$978/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $4,183,000 $924 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $25,132/month

5 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • Community Stables
  • 0.68 Acre Lot

About This Home

As of June 2024

Located on a huge, flat corner lot in one of the most desirable neighborhoods in Palos Verdes Estates, this single level custom-built home enjoys a great floor plan with a formal living room, formal dining room, an incredible family room and a separate game room! The elegant kitchen has a center island and breakfast area, and is perfectly positioned to act as the hub of the house for all to enjoy. The bedroom wing hosts 4 spacious bedrooms, (one currently being used as an office) including a luxurious primary suite complete with walk-in closets and fireplace. The separate guest room and private bathroom is located on the opposite side of the house and provides that extra bit of privacy for all. Outside, you’ll enjoy your own private tennis court, expansive patios and plenty of room to roam. An oversized driveway leads to the attached three car garage providing direct access inside. Added bonuses include solar panels and surprising ocean views from multiple rooms. Discover for yourself what’s so special about Paseo La Cresta!

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty Brokerage Phone: 310-493-7216 License #00967574 Listed on: 04/07/2024

Vista Sotheby's International Realty

Last Buyer's Agent

Justin Kuo

Real Broker License #02113892

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,073

Year Built

  • Built in 1975

Lot Details

  • 0.68 Acre Lot
  • Corner Lot
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,526 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Game Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

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

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 31329
  • Assessor Parcel Number 7541020025
  • $2,632 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,073

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541020025
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4526.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 924.22
  • Room Type: Family Room, Formal Entry, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Horse Trails, Stable(s), Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29796.00
  • Lot Size Acres: 0.6840
  • Latitude Manual: 33.78846500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29796.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 24
  • Tax Tract Number: 31329
  • TaxOtherAnnualAssessmentAmount: 2632.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
Jun 10, 2024
Sold by
Marion Y Paulson Living Trust and Paulson Marion Y
Bought by
Davoodian Bita
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Justin Kuo
Real Broker
List Price
$4,199,000
Sold Price
$4,183,000
Premium/Discount to List
-$16,000
-0.38%
Views
29
Current Estimated Value
$4,427,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,757
Avg. Annual Appreciation
4.22%
Original Mortgage
$3,137,250
Outstanding Balance
$3,095,408
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,296,757

Purchase Details

Listed on
Apr 7, 2024
Closed on
Apr 22, 2024
Sold by
Marion Y Paulson Living Trust and Paulson Marion Y
Bought by
Davoodian Bita
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Justin Kuo
Real Broker
List Price
$4,199,000
Sold Price
$4,183,000
Premium/Discount to List
-$16,000
-0.38%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,137,250
Outstanding Balance
$3,095,408
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,296,757

Purchase Details

Closed on
Sep 15, 2020
Sold by
Paulson Marion Y
Bought by
Paulson Marion Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2020
Sold by
Paulson Marion Y
Bought by
Paulson Marion Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Sold by
Paulson Marion Y
Bought by
Paulson Marion Y

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
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 27, 2012
Sold by
Paulson Marion Y
Bought by
Paulson Marion Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Paulson Marion Y
Bought by
Paulson Marion Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2011
Sold by
Paulson Marion
Bought by
Paulson Marion Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Paulson Marion Y
Bought by
Paulson Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1997
Sold by
Paulson Marion Y
Bought by
Paulson Marion Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1994
Sold by
Campbell Donald Glenn
Bought by
Paulson Marion Y
Source: Public Records

Range of Values:

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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
Davoodian Bita $4,183,000 Chicago Title Company
Davoodian Bita -- Chicago Title Company
Davoodian Bita $4,183,000 Chicago Title Company
Davoodian Bita $4,183,000 Chicago Title Company
Paulson Marion Y -- First American Title Company
Paulson Marion Y -- First American Title Company
Paulson Marion Y -- North American Title Company
Paulson Marion Y -- North American Title Company
Paulson Marion Y -- Lawyers Title Company
Paulson Marion Y -- Lawyers Title Company
Paulson Marion Y -- Lawyers Title Company
Paulson Marion Y -- Lawyers Title Company
Paulson Marion Y -- Lawyers Title Company
Paulson Marion -- Lawyers Title Company
Paulson Marion Y -- Lawyers Title Company
Paulson Marion Y -- Fidelity National Title Co
Paulson Marion Y -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davoodian Bita $3,137,250
Previous Owner Davoodian Bita $3,137,250
Previous Owner Paulson Marion Y $764,000
Previous Owner Paulson Marion Y $200,000
Previous Owner Paulson Marion Y $803,000
Previous Owner Paulson Marion Y $624,000
Previous Owner Paulson Marion Y $625,000
Previous Owner Paulson Marion $708,500
Previous Owner Paulson Marion Y $535,000
Previous Owner Paulson Marion Y $250,000
Previous Owner Paulson Marion Y $592,000
Previous Owner Paulson Marion Y $600,000
Previous Owner Paulson Marion Y $250,000
Previous Owner Paulson Marion Y $600,000
Previous Owner Paulson Marion Y $600,000
Previous Owner Paulson Marion $250,000
Previous Owner Paulson Marion Y $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $4,183,000 -0.4% $924 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $4,199,000 -- $928 / 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 $12,073 $4,266,660 $3,161,490 $1,105,170
2024 $12,073 $869,853 $173,248 $696,605
2023 $11,830 $852,798 $169,851 $682,947
2022 $11,322 $836,077 $166,521 $669,556
2021 $11,319 $819,684 $163,256 $656,428
2020 $11,180 $811,281 $161,583 $649,698
2019 $10,899 $795,374 $158,415 $636,959
2018 $10,532 $779,779 $155,309 $624,470
2016 $9,953 $749,501 $149,279 $600,222
2015 $9,838 $738,244 $147,037 $591,207
2014 $9,705 $723,784 $144,157 $579,627
Source: Public Records

Agents Affiliated with this Home

  • Chris Adlam

    Seller's Agent in 2024

    Chris Adlam

    Vista Sotheby's International Realty

    (310) 421-2606

    112 in this area

    225 Total Sales

    Chris Adlam
    Section Image

  • J

    Buyer's Agent in 2024

    Justin Kuo

    Real Broker

    (310) 353-6537

    3 in this area

    22 Total Sales

    Justin Kuo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24068852

California Regional Multiple Listing Service (CRMLS)

APN: 7541-020-025

California Los Angeles County Palos Verdes Estates 90274

991 Paseo la Cresta, Palos Verdes Estates, CA

This home is located at 991 Paseo la Cresta, Palos Verdes Estates, CA 90274 since 07 April 2024 and is currently estimated at $4,427,757, approximately $978 per square foot. This property was built in 1975. 991 Paseo la Cresta 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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