$1,895,000
SOLD DEC 15, 2017
4 Beds
2 Baths
2,433 Sq Ft
7,374 Sq Ft Lot

Recently Sold

$779 Per Sq Ft

5 Days on Market

Highlights

  • Ocean View
  • Community Stables
  • No HOA
  • Silver Spur Elementary School Rated A+
  • Main Floor Bedroom
  • Laundry Room

About This Home

As of September 2020

Valmonte’s “Grove” harbors this 1928 Old Spanish masterpiece. Majestically situated off the street, with a long, gated driveway, you enter directly into the beautiful living room. Venetian plaster walls, a stunning fireplace and hardwood floors immediately reveal that this house is special. The formal dining room has a stone wall and overlooks the lushly landscaped front yard. The gourmet kitchen is highlighted by the “La Cornue” range from France, and accompanied by marble counters and gorgeous cabinetry. The magnificent den works well as a 4th bedroom or family room, and provides access to the backyard. While there is very little grass, the space is perfect for entertaining both young and old. The al fresco dining area has been the venue for many outdoor events, including a wedding reception for 60! Upstairs features 3 bedrooms and a large bathroom, a balcony and even an ocean view! The basement provides great storage. This is a rare opportunity in a great location.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 11/03/2017

Vista Sotheby's International Realty

Last Buyer's Agent

David Caskey

eXp Realty of California Inc License #01198999

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,988

Year Built

  • Built in 1928

Lot Details

  • 7,374 Sq Ft Lot
  • Rural Setting
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,433 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6882
  • Assessor Parcel Number 7539004002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,988

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539004002
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2433.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 166.00
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 778.87
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s), Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7374.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 6882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 10, 2020
Sold by
Graham Mandy
Bought by
Meyers James and Sano Dana
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Lauren Ravitz
Berkshire Hathaway HomeServices California Properties
List Price
$2,499,000
Sold Price
$2,280,000
Premium/Discount to List
-$219,000
-8.76%
Current Estimated Value
$2,972,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,491
Avg. Annual Appreciation
4.96%
Original Mortgage
$1,596,000
Outstanding Balance
$1,416,969
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,490,595

Purchase Details

Listed on
Nov 3, 2017
Closed on
Nov 15, 2017
Sold by
Allen Bryant Gretchen
Bought by
Graham Mandy
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$1,899,999
Sold Price
$1,895,000
Premium/Discount to List
-$4,999
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$1,516,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2015
Sold by
Bryant David
Bought by
Bryant Gretchen

Purchase Details

Closed on
Oct 8, 2003
Sold by
Bryant David and Bryant Gretchen
Bought by
Bryant David and Bryant Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1999
Sold by
Bryant David and Bryant Gretchen
Bought by
Bryant David and Bryant Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,500
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Mahoney William F and Mahoney Phyllis M
Bought by
Bryant David and Bryant Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,500
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1998
Sold by
Bryant Gretchen Allen
Bought by
Bryant David R
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 Type Sale Price Title Company
Grant Deed $2,280,000 Usa National Title
Grant Deed $1,895,000 North American Title Company
Interfamily Deed Transfer -- None Available
Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Investors Title
Individual Deed $750,000 Investors Title
Interfamily Deed Transfer -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,596,000 New Conventional
Previous Owner $1,516,000 New Conventional
Previous Owner $365,000 Unknown
Previous Owner $868,588 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $110,000 Balloon
Previous Owner $919,000 Negative Amortization
Previous Owner $840,000 Purchase Money Mortgage
Previous Owner $175,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $587,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $2,280,000 -1.9% $937 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $2,325,000 -3.1% $956 / Sq Ft
07/01/2020 07/01/20 Price Changed $2,399,000 -4.0% $986 / Sq Ft
03/27/2020 03/27/20 For Sale $2,499,000 +9.6% $1,027 / Sq Ft
03/17/2020 03/17/20 Off Market $2,280,000 -- --
03/02/2020 03/02/20 For Sale $2,499,000 +31.9% $1,027 / Sq Ft
12/15/2017 12/15/17 Sold $1,895,000 -0.3% $779 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $1,899,999 -- $781 / 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 $27,988 $2,467,944 $1,515,404 $952,540
2024 $27,988 $2,419,554 $1,485,691 $933,863
2023 $27,515 $2,372,112 $1,456,560 $915,552
2022 $26,140 $2,325,600 $1,428,000 $897,600
2021 $26,142 $2,280,000 $1,400,000 $880,000
2020 $23,010 $2,003,206 $1,352,520 $650,686
2019 $21,998 $1,932,900 $1,326,000 $606,900
2018 $21,881 $1,895,000 $1,300,000 $595,000
2017 $11,377 $993,229 $683,478 $309,751
2016 $11,774 $973,755 $670,077 $303,678
2015 $11,647 $959,129 $660,012 $299,117
2014 $11,476 $940,342 $647,084 $293,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17250812

California Regional Multiple Listing Service (CRMLS)

APN: 7539-004-002