NOT LISTED FOR SALE

1947 Valley Park Ave Hermosa Beach, CA 90254

Estimated Value: $7,071,000 - $8,440,000

5 Beds
4.5 Baths
4,508 Sq Ft
$1,743/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $7,085,000 $1,572 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $49,351/month

40 Days on Market

Highlights

  • Heated In Ground Pool
  • Fishing
  • 0.15 Acre Lot
  • Hermosa Valley Elementary School Rated A
  • Primary Bedroom Suite
  • View of Hills

About This Home

As of December 2023

Nestled on an expansive corner lot, in the heart of Hermosa Valley where recent $10 million+ sales have underscored its allure, this remarkable coastal Cape Cod home represents the pinnacle of casual luxury. Seamlessly blending coastal charm with refined elegance, this 2021 TriWest/Pillar Homes masterpiece redefines the art of beach living. Situated in a discreet, private enclave the property offers the perfect respite from the hustle and bustle of city life. From the moment you step through the oversized front door, the wide plank hardwood floors usher you into a world of refined sophistication. At the heart of this home, lies the capacious indoor-outdoor family room and kitchen, an architectural gem that will captivate your senses. Elegant custom cabinetry elevates the living experience. The kitchen is a chef’s dream with a walk-in butler’s pantry, oversized cabinet-front refrigerator and an expansive island with plenty of seating for your guests. Beyond, pocket doors beckon you to the outdoor covered patio, complete with fireplace, TV, built-in BBQ, turf lawn, and a pool boasting spa and resistance jets, ideal for both relaxation and invigorating workouts. The first floor accommodates one of the five bedrooms, a private en suite haven tucked discreetly away from the living spaces. Further enhancing the convenience is a mudroom with built-in storage and seating, seamlessly connecting to the 2-car garage. Ascending the grand staircase, the second level unveils spacious jack-and-jill bedrooms adorned with ample closets and abundant natural light. A shared bath boasts a sizable dual vanity and a separate room for the bathtub/shower combination. Discover another generously-sized en suite bedroom/bath with a walk-in closet before entering the Primary Suite.. Awash in natural light, it grants sweeping vistas of the nearby hillside from both the bedroom and spa-like bathroom. Cathedral, beamed ceilings create architectural intrigue in the bedroom, where a cozy fireplace and outdoor deck offer year-round comfort. The bathroom features high-end finishes and fixtures, mosaic marble flooring, an oversized shower, and a graceful free-standing tub. This exceptional property also boasts a whole house water filtration system, a tankless water heater, upgraded A/V including SONOS throughout, smart home keypad operation, dual Heating and Air Conditioning zones, and a sprawling privacy hedge adorned with enchanting landscape lighting. Your dream coastal retreat awaits.

Last Agent to Sell the Property

Andrew Weir

Bayside License #01988668 Listed on: 10/06/2023

Co-Listed By

Bryn Stroyke

Bayside License #00855690

Last Buyer's Agent

Lee LeGrande

eXp Realty of California Inc License #01316971

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,931

Year Built

  • Built in 2021

Lot Details

  • 6,541 Sq Ft Lot
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned HBR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 4,508 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Wood Flooring
  • Views of Hills
  • Home Security System
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Butlers Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Pool

  • Heated In Ground Pool
  • Exercise
  • Pool Cover

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Additional Features

  • Fireplace in Patio
  • Property is near a park

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 15546
  • Assessor Parcel Number 4183022001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,931

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: SONOS, Control IV, A/V Equipment
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: HBR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4183022001
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4508.00 Square Feet
  • Stories: 2
  • Entry Location: Ground Floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1571.65
  • Room Type: Family Room, Foyer, Jack & Jill, Kitchen, Laundry, Main Floor Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Butler's Pantry

Exterior Features

  • View: Hills
  • Pool Features: Private, Exercise Pool, Heated, In Ground, Pool Cover
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level, Park Nearby, Secluded, Sprinkler System
  • Lot Size Sq Ft: 6541.00
  • Lot Size Acres: 0.1502

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6541.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6210.05
  • Tax Lot: 21
  • Tax Tract Number: 15546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 21, 2023
Sold by
1947 Valley Park Llc
Bought by
Rag 1947 Investments Llc
Seller's Agent
Andrew Weir
Bayside
Buyer's Agent
Lee LeGrande
eXp Realty of California Inc
List Price
$7,500,000
Sold Price
$7,085,000
Premium/Discount to List
-$415,000
-5.53%
Views
37
Current Estimated Value
$7,857,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,940
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Jun 28, 2023
Sold by
Summit Terra Llc
Bought by
1947 Valley Park Llc

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jul 25, 2022
Sold by
Stephanie Paunovich
Bought by
Paunovich Joseph
Seller's Agent
Lee LeGrande
eXp Realty of California Inc
Buyer's Agent
Andrew Weir
Bayside
List Price
$7,000,000
Sold Price
$6,300,000
Premium/Discount to List
-$700,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$5,000,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jul 19, 2022
Sold by
Highway 80 Llc
Bought by
Paunovich Joseph
Seller's Agent
Lee LeGrande
eXp Realty of California Inc
Buyer's Agent
Andrew Weir
Bayside
List Price
$7,000,000
Sold Price
$6,300,000
Premium/Discount to List
-$700,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 27, 2021
Sold by
Twd Cypress Holdco Vi Lp
Bought by
Highway 80 Llc
Seller's Agent
Daniel O'Connor
Compass
Buyer's Agent
Lee LeGrande
eXp Realty of California Inc
List Price
$5,799,000
Sold Price
$5,625,000
Premium/Discount to List
-$174,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$3,937,500
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jul 1, 2019
Sold by
Thomas William R and Thomas Family Trust
Bought by
Twd Cypress Holdco Vi Lp
Seller's Agent
Alison Clay-Duboff
Estate Properties
Buyer's Agent
Daniel O'Connor
Compass
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.90%
Original Mortgage
$3,325,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2018
Sold by
Thomas William R
Bought by
Thomas William R and Thomas Family Trust
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
Rag 1947 Investments Llc $7,085,000 Lawyers Title Company
1947 Valley Park Llc -- Accommodation/Courtesy Recordi
Summit Terra Llc -- Lawyers Title
Paunovich Joseph -- Lawyers Title
Paunovich Joseph $6,300,000 Lawyers Title
Highway 80 Llc $5,625,000 Lawyers Title Company
Twd Cypress Holdco Vi Lp $2,200,000 Lawyers Title Corporation
Thomas William R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paunovich Joseph $5,000,000
Previous Owner Highway 80 Llc $3,937,500
Previous Owner Twd Cypress Holdco Vi Lp $3,325,000
Previous Owner Thomas William R $300,700
Previous Owner Thomas William R $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $7,085,000 -5.5% $1,572 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $7,500,000 0.0% $1,664 / Sq Ft
01/20/2023 01/20/23 Rented $20,000 0.0% --
12/22/2022 12/22/22 Price Changed $20,000 -20.0% $4 / Sq Ft
12/02/2022 12/02/22 For Rent $25,000 +25.0% --
10/09/2022 10/09/22 Rented $20,000 0.0% --
10/07/2022 10/07/22 Under Contract -- -- --
08/17/2022 08/17/22 For Rent $20,000 0.0% --
07/28/2022 07/28/22 Sold $6,300,000 -10.0% $1,398 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $7,000,000 +24.4% $1,553 / Sq Ft
07/20/2021 07/20/21 Sold $5,625,000 -3.0% $1,248 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $5,799,000 +3.1% $1,286 / Sq Ft
03/30/2021 03/30/21 Off Market $5,625,000 -- --
08/26/2019 08/26/19 Sold $2,200,000 0.0% $1,142 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $2,200,000 -- $1,142 / 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 $75,931 $7,226,700 $5,406,000 $1,820,700
2024 $75,931 $7,085,000 $5,300,000 $1,785,000
2023 $67,498 $6,300,000 $4,600,000 $1,700,000
2022 $60,253 $5,625,000 $4,025,000 $1,600,000
2021 $24,188 $2,222,791 $1,778,233 $444,558
2020 $24,049 $2,200,000 $1,760,000 $440,000
2019 $7,328 $640,006 $453,162 $186,844
2018 $7,001 $627,458 $444,277 $183,181
2016 $6,646 $603,095 $427,026 $176,069
2015 $6,520 $594,037 $420,612 $173,425
2014 $6,290 $582,401 $412,373 $170,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23183655

California Regional Multiple Listing Service (CRMLS)

APN: 4183-022-001