4 Mela Ln Rancho Palos Verdes, CA 90275

$1,285,000 Sold Price as of 10/29/2019

3 Beds
3 Baths
2,995 Sq.Ft.

Off Market

$1,285,000 Sold Price as of 10/29/2019 Refinance Your Mortgage

Map preview of 4 Mela Ln, Rancho Palos Verdes, CA 90275

Property Overview: 4 Mela Ln Rancho Palos Verdes, CA has 3 bedrooms, 3 bathrooms, 2,995 living square feet and 5,396 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4 Mela Ln is currently an off market home in the city of Rancho Palos Verdes. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Rancho Palos Verdes has a median list price of $1,899,000. The median price per/sqft for Rancho Palos Verdes is $829. With those numbers in mind, if you are looking to purchase a median priced home in Rancho Palos Verdes, CA and put 20% down you will need to save up $379,800 for the down payment and will need roughly $37,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Rancho Palos Verdes the commission could be as much as $90,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4 Mela Ln

Last sold for $1,285,000 on November 1st, 2019

November, 2019
Nov 1, 2019

Date

Sold

CRMLS: OC19178665

$1,285,000

Price
Oct 4, 2019

Date

Pending

CRMLS: OC19178665

$1,299,998

Price
Aug 25, 2019

Date

Price Change

CRMLS: OC19178665

$1,299,998

Price
Jul 28, 2019

Date

Active

CRMLS: OC19178665

$1,324,997

Price
Listing provided courtesy of CRMLS

4 Mela Ln is unlike any other property sold in the premier, quiet and gated community of Villa Verde. The property has a complete open floor plan with a beautiful view of Catalina Island looming from the living room and master bedroom. The entire house has full modern luxury upgrades including modern appliances, a kitchen island & several private patio retreats on both floor and brand new dual pane windows. The main master suite is modern chic with stone tiles on the walls of the double sink vanity, bathtub and bonus master bedroom loft fireplace. Enjoy a spacious walk in closet, with an ultra trendy barn door. Just steps away is the master bedroom bonus room area that can be used as a separate living room or office area. Continuing from the bonus rooms is private patio retreat to gaze upon the sunset ocean views. All the other rooms are master suites and have their own bathrooms. One of the bedrooms, has an attached bonus room for a mother in law quarters or a baby room. This attached room can be used as a 4th bedroom. The house is perfect for entertaining and convenient for those who need a master bedroom on the first floor. The community does not have many houses in the community so it is quiet, private and has a pool, spa, tennis court and other amenities. Its location is perfect to easily get down to areas in the South Bay and throughout Los Angeles. Don’t miss the opportunity to live in a luxury home, in a gated community with breathtaking views of Catalina Island!

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October, 2019
Oct 29, 2019

Date

Sold (Public Records)

Public Records

$1,285,000

Price
July, 2019
Jul 20, 2019

Date

Canceled

CRMLS: OC19082831

$1,324,998

Price
Jun 9, 2019

Date

Price Change

CRMLS: OC19082831

$1,324,998

Price
Apr 12, 2019

Date

Active

CRMLS: OC19082831

$1,398,999

Price
Listing provided courtesy of CRMLS

4 Mela Ln is unlike any other property sold in the premier and quiet community of Villa Verde. The property has a complete open floor plan with a beautiful view of Catalina Island looming from the living room and master bedroom. The entire house has full modern luxury upgrades including modern appliances, a kitchen island and several private patio retreats on both floors. The main master suite is modern chic with stone tiles on the walls of the double sink vanity, bathtub and bonus master bedroom loft fireplace. Enjoy a spacious walk in closet, with an ultra trendy barn door. Just steps away is the master bedroom bonus room area that can be used as a separate living room or office area. Continuing from the bonus rooms is private patio retreat to gaze upon the sunset ocean views. All the other rooms are master suites and have their own bathrooms. One of the bedrooms has a bonus room for a mother in law quarters or a baby room. The house is perfect for entertaining and convenient for those who need a master bedroom on the first floor. The community does not have many houses in the community has a pool, spa, tennis court and other amenities. Its location is perfect to easily get down to areas in the South Bay and throughout Los Angeles. Don’t miss the opportunity to live in a luxury home with breathtaking views!

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June, 2018
Jun 15, 2018

Date

Sold

CRMLS: PV17253196

$965,000

Price
May 20, 2018

Date

Pending

CRMLS: PV17253196

$1,128,000

Price
Apr 1, 2018

Date

Active Under Contract

CRMLS: PV17253196

$1,128,000

Price
Apr 1, 2018

Date

Pending

CRMLS: PV17253196

$1,128,000

Price
Mar 29, 2018

Date

Active

CRMLS: PV17253196

$1,128,000

Price
Mar 22, 2018

Date

Active Under Contract

CRMLS: PV17253196

$1,128,000

Price
Mar 1, 2018

Date

Active

CRMLS: PV17253196

$1,128,000

Price
Feb 13, 2018

Date

Pending

CRMLS: PV17253196

$1,128,000

Price
Jan 13, 2018

Date

Active Under Contract

CRMLS: PV17253196

$1,128,000

Price
Jan 4, 2018

Date

Price Change

CRMLS: PV17253196

$1,128,000

Price
Nov 11, 2017

Date

Active

CRMLS: PV17253196

$1,198,000

Price
Listing provided courtesy of CRMLS

This dramatic home has one of the best ocean views in this Planned Unit Development of 33 homes. You enter to find soaring 28 Ft. ceilings and skylights with many windows throughout. There is a formal dining room, "eat in" kitchen with private patio for outdoor dining and BBQs. It features a step-down living room with fireplace, and family room/den with fireplace, bookshelves and wet bar. Also at this entry level, is the Master Suite with a cozy step-down sitting room or office, fireplace, and a smashing ocean view; private sinks with skylights above; a multitude of closets, and a sauna. The second lower level contains 2 bedrooms, a jack & jill bath and a 4th room that could be an office or another small bedroom without closet. A giant wall around the outside makes the lower patio very private, with Jacuzzi, large sitting area, winding stairs up to first level and a dog run on one side. This community of single family homes offers two tennis courts, a pool, well-kept greenbelts, close to schools, churches, shops....what more could you ask?

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June, 2018
Jun 14, 2018

Date

Sold (Public Records)

Public Records

$965,000

Price

Tax History for 4 Mela Ln

Assessed Value (2020): $1,285,000

Year	Land Value	Improved Value	Assessed Value
2020	$643,400	$641,600	$1,285,000

About 4 Mela Ln

Detailed summary of property

4 Mela Ln is a planned unit development (pud) in Rancho Palos Verdes, CA 90275 and last sold on October 29, 2019 for $1,285,000. This planned unit development has 3 bedrooms, 3 bathrooms, roughly 2,995 living square feet, and sits on an approximately 5,396 square foot lot. Homes in Rancho Palos Verdes are selling for a median price of $1,810,000 and a median price per square foot of $776. Based on Ardent Real Estate Group's Rancho Palos Verdes Market Data, this home is sold 29.01% lower than the current median priced home. 4 Mela Ln was last sold on October 29, 2019 for $1,285,000. Local nearby listings include 1613 W 126th St, 640 W 4th St #406 and 640 W 4th St #402. The average home in Rancho Palos Verdes, CA is selling in 50 days. There are currently 126 homes for sale in the Rancho Palos Verdes real estate market and 97 of them are single family homes while 21 of them are condos and 8 are townhomes. If you are the homeowner and looking to sell the home at 4 Mela Ln Rancho Palos Verdes, CA 90275 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Palos Verdes agents.

Public Facts for 4 Mela Ln

Public county record property details

Beds: 3
Baths: 3
Year built: 1979
Sq. Ft.: 2,995
Lot Size: 5,396
Stories: --

Type: Planned Unit Development (Pud) (Residential)
Pool: No
Spa: Yes
County: Los Angeles
Lot#: 20
APN: 7574-018-021

The source for these homes facts are from public records.

90275 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,895,000

Median List Price/Sq.Ft.

$829

Median Sold Price

$1,810,000

Median Sold Price/Sq.Ft.

$776

Total Inventory

134

Median Sale to List Price %

100.61%

Avg Days on Market

Loan Type

Conventional (20.69%), FHA (0%), VA (0%), Cash (37.93%), Other (31.03%)

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