NOT LISTED FOR SALE

Estimated Value: $1,801,000 - $2,020,000

3 Beds
2.5 Baths
1,690 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,410,000 $834 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,858/month

17 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • No HOA
  • Lunada Bay Elementary School Rated A+
  • High Ceiling
  • 3-minute walk to Rico Place Park

About This Home

As of December 2020

Lunada Bay living! This charming PVE family home has it all. It has been meticulously updated with the utmost care. An inviting patio welcomes you into this wonderful home where designer paint, crown moulding, wood floors & vaulted ceilings make you feel at home. The custom stonework fireplace calls for a cozy evening. The modern kitchen with newer stainless appliances, granite countertops & breakfast area make the most of the space with luxurious finishes. Bathrooms are redone with new fixtures, custom tile, newer cabinetry and granite countertops. New Electrical, New HVAC, New Plumbing! New Epoxy Floor in the garage. Perfectly designed for entertaining with an easy flow and a grassy backyard with a peek-a-boo ocean view. Located conveniently to access all that PV has to offer. Near beautiful hiking trails, Lunada Bay Bluffs, Lunada Bay town center, & Golden Cove center with restaurants & shopping. The award winning Palos Verdes Peninsula School District offers nearby elementary, intermediate & high schools. Palos Verdes Estates maintains its own Police and Fire Departments. The Shops at Palos Verdes, Bay Club Gym, Terranea Resort, Trump Resort, PVE Beach Club and PV Golf & Tennis Club are all nearby. Why would you want to live anywhere else? Buyer and buyer’s agent to verify all information for themselves. Due to the Coronavirus pandemic, we are strictly implementing precautionary measures to prevent spreading of COVID-19. (Buyer to verify all information for themselves.)

Last Agent to Sell the Property

Terry Russell

Home Smart Realty Group License #01220891 Listed on: 11/02/2020

Home Smart Realty Group

Last Buyer's Agent

Wehnona Cordova

Coldwell Banker Quality Properties License #01783385

Coldwell Banker Quality Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,878

Year Built

  • Built in 1954

Lot Details

  • 7,123 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 1484
  • Tax Tract Number 6889
  • Assessor Parcel Number 7541035006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,878

Year Built

Built in 1954

Lot Details

0

Parking

2

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: 7541035006
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1690.00 Square Feet
  • Interior Amenities: Beamed Ceilings, High Ceilings, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Sunken Living Room
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 834.32
  • Room Type: Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Gutters

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Lunada Bay
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7123.00
  • Lot Size Acres: 0.1635

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7123.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1484
  • Tax Census Tract: 6703.26
  • Tax Lot: 6
  • Tax Tract Number: 6889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 7, 2020
Sold by
Martin Loyd W
Bought by
Okabe Ryan T and Castaneda Carina
Seller's Agent
Terry Russell
Home Smart Realty Group
Buyer's Agent
Wehnona Cordova
Coldwell Banker Quality Properties
List Price
$1,375,000
Sold Price
$1,410,000
Premium/Discount to List
$35,000
2.55%
Current Estimated Value
$1,902,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,818
Avg. Annual Appreciation
7.04%
Original Mortgage
$1,269,000
Outstanding Balance
$1,136,932
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$799,343

Purchase Details

Listed on
May 1, 2014
Closed on
May 22, 2014
Sold by
Elder Hazel L
Bought by
Martin Loyd W
Seller's Agent
Lily Liang
Strand Hill Properties
Buyer's Agent
Terry Russell
Home Smart Realty Group
List Price
$998,000
Sold Price
$1,050,000
Premium/Discount to List
$52,000
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Elder Hazel L
Bought by
Elder Hazel L
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
Okabe Ryan T $1,410,000 Stewart Title Of Ca Inc
Martin Loyd W $1,050,000 Lawyers Title
Elder Hazel L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okabe Ryan T $1,269,000
Previous Owner Elder Hazel L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $1,410,000 +2.5% $834 / Sq Ft
11/02/2020 11/02/20 For Sale $1,375,000 0.0% $814 / Sq Ft
09/13/2019 09/13/19 Rented $4,500 0.0% --
08/14/2019 08/14/19 For Rent $4,500 +5.9% --
08/30/2016 08/30/16 Rented $4,250 0.0% --
08/11/2016 08/11/16 Price Changed $4,250 -5.6% $3 / Sq Ft
07/18/2016 07/18/16 For Rent $4,500 0.0% --
05/28/2014 05/28/14 Sold $1,050,000 +5.2% $621 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $998,000 -- $591 / 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 $17,878 $1,526,226 $1,220,982 $305,244
2024 $17,878 $1,496,301 $1,197,042 $299,259
2023 $17,543 $1,466,963 $1,173,571 $293,392
2022 $16,685 $1,438,200 $1,150,560 $287,640
2021 $18,109 $1,410,000 $1,128,000 $282,000
2020 $14,068 $1,176,933 $941,548 $235,385
2019 $13,662 $1,153,857 $923,087 $230,770
2018 $13,535 $1,131,234 $904,988 $226,246
2016 $12,849 $1,087,309 $869,848 $217,461
2015 $12,712 $1,070,978 $856,783 $214,195
2014 -- $112,161 $62,978 $49,183
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20226011

California Regional Multiple Listing Service (CRMLS)

APN: 7541-035-006