NOT LISTED FOR SALE

Estimated Value: $3,228,000 - $5,082,000

5 Beds
7 Baths
5,334 Sq Ft
$845/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $3,825,000 $717 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $27,857/month

15 Days on Market

Highlights

  • Golf Course Community
  • Coastline Views
  • Heated In Ground Pool
  • Point Vicente Elementary School Rated A+
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of August 2020

Your best life begins with a home that inspires you. With unique architectural details designed by SK Architects and a multitude of open space, this new custom 5 bedroom 7 bathroom home is a perfect 10, merging the absolute best of modern open elements with top of the line finishes. The European influence, yet very subtle Estate, is filled with natural light, spaces that flow elegantly from the Living and Dining Rooms to the Great Room and into a professional Chef’s Kitchen embracing views of the Ocean and privacy that surrounds you. Extraordinary finishes include a fine wine room,
elevator, 4 fireplaces, handmade brass wrought iron railings, marble fireplace mantels, extensive marble counters, dressed with European kitchen appliances, Italian floor tiles and marble insignias. This Villa definitely defines your lifestyle and the lifestyle of Palos Verdes. Minutes from walking trails, Terranea Resort and many restaurants. Views of the Pacific Ocean are along the coast enroute to the Beach Cities . This Estate is definitely a tranquil relaxing retreat and unique in all areas. Welcome home to Monaco. These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry

Last Agent to Sell the Property

Linda D'Ambrosi

Vista Sotheby's International Realty License #01404613 Listed on: 05/15/2020

Vista Sotheby's International Realty

Co-Listed By

Aria Forouzesh

Metropolitan Realty Group Inc. License #01983975

Last Buyer's Agent

Cristina Go

Estate Properties License #01737083

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 22,711 Sq Ft Lot
  • Property is zoned RPRS20000*

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage

Property Views

  • Coastline
  • Panoramic
  • Golf Course
  • Canyon

Home Design

  • Turnkey

Interior Spaces

  • 5,334 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wainscoting
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room Balcony
  • L-Shaped Dining Room
  • Storage
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • In Ground Spa

Schools

  • Point Vicente Elementary School
  • Ridgecrest Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System
  • High-Efficiency Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 25160
  • Assessor Parcel Number 7581002003

Community Details

Overview

  • Monaco Homes Owners Association
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0.52 Acres

HOA Fees

$8 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All of the European Appliances. washer and dryer on both levels
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: RPRS20000*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7581002003
  • Year Built: 2019
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5334.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Attic Fan, Cathedral Ceiling(s), Coffered Ceiling(s), Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Vacuum Central, Wainscoting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room
  • Fireplace Features: Family Room, Kitchen, Living Room, Master Bedroom, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 717.10
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, In Ground
  • Window Features: Bay Window(s), Double Pane Windows, Garden Window(s)
  • Bathroom Features: Bathtub, Bidet, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Exterior Features: Lighting
  • View: Canyon, Coastline, Golf Course, Panoramic
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Line to Refrigerator
  • Heating Type: Central, Zoned, Fireplace(s)
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 90.00
  • Association Fee Frequency: Annually
  • Association Name: Monaco Homes Owners Association
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Preserve/Public Land, Street Lights

Schools

  • Elementary School: Point Vicente
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Ridgecrest
  • Elementary School #2: POIVIC
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Park Nearby
  • Lot Size Sq Ft: 22711.00
  • Lot Size Acres: 0.5214

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22711.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6706.02
  • Tax Lot: 3
  • Tax Tract Number: 25160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 28, 2020
Sold by
Forouzesh Mahmood and Saadat Azadeh
Bought by
Deen Omer J and Deen Sara H
Seller's Agent
Linda D'Ambrosi
Vista Sotheby's International Realty
Buyer's Agent
Cristina Go
Estate Properties
List Price
$3,950,000
Sold Price
$3,825,000
Premium/Discount to List
-$125,000
-3.16%
Current Estimated Value
$4,504,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,871
Avg. Annual Appreciation
2.94%
Original Mortgage
$3,000,000
Outstanding Balance
$2,666,124
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,838,747

Purchase Details

Closed on
Jun 8, 2015
Sold by
Abdalian Adelaida and Adelaida Abdalian Family Trust
Bought by
The 2002 Mahmood Forouzesh & Azadeh Saad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deen Omer J $3,825,000 Western Resources Ttl & Synr
The 2002 Mahmood Forouzesh & Azadeh Saad $600,000 Wfg Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deen Omer J $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $3,825,000 -3.2% $717 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $3,950,000 -- $741 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $45,325 $4,140,300 $1,867,194 $2,273,106
2024 $45,325 $4,059,119 $1,830,583 $2,228,536
2023 $44,653 $3,979,530 $1,794,690 $2,184,840
2022 $42,302 $3,901,500 $1,759,500 $2,142,000
2021 $42,194 $3,825,000 $1,725,000 $2,100,000
2020 $30,990 $2,786,662 $659,362 $2,127,300
2019 $7,669 $646,434 $646,434 $0
2018 $7,523 $633,759 $633,759 $0
2016 $7,005 $609,150 $609,150 $0
2015 $1,398 $81,678 $81,678 $0
2014 $1,393 $80,079 $80,079 $0
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20084054

California Regional Multiple Listing Service (CRMLS)

APN: 7581-002-003

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