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$3,085,988Estimated home value

Beds
2
Baths
3.5
sq ft
2,106

781 Via Somonte, Palos Verdes Estates, CA 90274

781 Via Somonte

Palos Verdes Estates, CA 90274

  • Off market
781 Via Somonte offers a stunning view property with floor-to-ceiling windows that showcase panoramic views of the Pacific Ocean from every angle. This home is ideal for entertaining, featuring unobstructed views, multiple outdoor entertaining areas and a sparkling pool that creates a lively atmosphere for any gathering. Recent upgrades, including painting, new roof, flooring and a new garage door to add to the allure of this property. The flexible floor plan includes master bedrooms on both levels, while a unique rotunda living room allows for personalization and captures the spectacular views of the Los Angeles lights, Santa Monica Bay, mountains and the Queen's necklace. Situated in a peaceful location within Malaga Cove in Palos Verdes Estates, this home is conveniently close to shopping, restaurants and best beaches. Although the current house is beautiful, plans designed by the renowned architect Moises Villegas are available with approved permits for a 2800 sqft Mediterranean Tuscan style villa with a third master bedroom. The spacious kitchen and living areas inside are complemented by the magnificent exterior views. Don't miss the opportunity to explore this hidden gem in Palos Verdes Estates through a virtual tour video to appreciate the breathtaking views it offers. https://tours.threedmedia.com/e/qfNbLgH

Details

Property type

Single Family Residence

Est. home value

$3,085,988

Lot size

5,736 sq ft

Price per sq ft

$1,781

Year built

1975

Price History

10/05/2024
CRMLS

CRMLS #OC24050192

Removed
$3,750,000
06/10/2024
CRMLS

CRMLS #OC24050192

Listed
$3,750,000
+47.71%
04/08/2021
CRMLS

CRMLS #PV21039331

Sold
$2,538,800

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,552,968
Asking price
$3,750,000
Closing costs (~8% of asking)
-$300,000
Est. remaining loan balance
-$1,897,032
Cash to seller
$1,552,968

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

Seller’s Loan History

Lender

Sprout Mortgage Llc

Loan start date

March 2021

Original loan amount

$1,999,999

Est. remaining balance

$1,897,032

Interest rate

2.77%

Loan type

New Conventional, 40 year

Seller

Shahinaz Ezzat Soliman

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?

Status: Off Market

Tomo last checked: 11/08/2024 at 2:25 AM

Listing updated: 09/30/2024 at 8:52 AM

Listed by: Sally Soliman, Coldwell Banker Realty Phone #: (949) 837-5700

MLS: CRMLS #OC24050192

CRMLS logo