tomo logo

$3,265,000

Beds
3
Baths
2.5
sq ft
2,542

516 Via Media, Palos Verdes Estates, CA 90274

516 Via Media

Palos Verdes Estates, CA 90274

  • 7 days on market
Welcome to Lower Malaga Cove, where coastal elegance meets modern luxury. This beautifully remodeled home boasts stunning white water views and an abundance of natural sunlight streaming through its expansive windows. The warm wood floors create a welcoming ambiance, complemented by panoramic ocean and coastline views visible from both the living room and the primary bedroom. The kitchen is a chef’s delight, featuring high-end stainless steel appliances and a decorative tile backsplash that adds a touch of sophistication. The primary bedroom is a serene retreat, complete with a cozy fireplace, ceiling fan, and breathtaking ocean vistas. The en-suite primary bath offers a spa-like experience with its step-in shower enclosed by frameless glass doors, granite countertops, and a copper soaking tub. Entertain in style in the family room, where a second fireplace adds warmth and charm. Sliding glass doors open to an expansive patio, perfect for hosting gatherings, while the landscaped backyard includes a hot tub for ultimate relaxation. Located on the picturesque Palos Verdes Peninsula, this home provides easy access to the beach and the amenities of all the neighboring beach cities. Embrace the ideal coastal lifestyle in this exquisite Lower Malaga Cove residence.

Details

Property type

Single Family Residence

Est. home value

$2,737,761

Lot size

7,069 sq ft

Price per sq ft

$1,285

Year built

1958

HOA

No

Price History

10/29/2024
CRMLS

CRMLS #PV24223248

Listed
$3,265,000
+2.83%
07/30/2024
CRMLS

CRMLS #PV24103186

Removed
$3,175,000
07/23/2024
CRMLS

CRMLS #PV24103186

Pending
$3,175,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Palos Verdes Peninsula Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$909,427
Asking price
$3,265,000
Closing costs (~8% of asking)
-$261,200
Est. remaining loan balance
-$2,094,373
Cash to seller
$909,427

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Logan Finance Corp

Loan start date

May 2023

Original loan amount

$2,130,000

Est. remaining balance

$2,094,373

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

John R Talbot

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/04/2024 at 10:40 PM

Listing updated: 10/30/2024 at 7:20 AM

Listed by: Bill Davis, Palm Realty Boutique Phone #: (424) 304-2079

MLS: CRMLS #PV24223248

CRMLS logo