NOT LISTED FOR SALE

Estimated Value: $1,944,000 - $2,390,000

3 Beds
2 Baths
1,590 Sq Ft
$1,356/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $1,371,000 $862 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,928/month

26 Days on Market

Highlights

  • View of Trees or Woods
  • Multi-Level Bedroom
  • Private Yard
  • Silver Spur Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Hiking Trails

About This Home

As of December 2019

Welcome to The Groves and the heart of Valmonte! Offering peaceful living and one of the most desirable neighborhoods on The Hill with pastoral views and trails at your doorstep. This warm and adorable ranch style cottage boasts a kitchen, master suite, dining and living area with a brick fireplace upstairs, and a large family room with brick fireplace, bedroom and large laundry room downstairs. The family room has easily be converted back to a third bedroom. Enjoy a huge, flat, private backyard which backs up to a vacant lot of Eucalyptus trees making the yard feel endless. Enjoy all that PVE has to offer: biking and hiking trails, the beach, Malaga Cove Plaza shopping, summertime concerts in the park, Golf Course and Beach Club, you name it! Avoid the Lunada Bay traffic; this home is situated just around the bend from Torrance Beach and the Riviera Village, with a 4th of July Block Party dating back to the 1920's. Take advantage of the award-winning PV schools. Palos Verdes Estates offers an exceptional lifestyle. Why would you want to live anywhere else?

Last Agent to Sell the Property

Vicki Leach

Vista Sotheby’s International Realty License #01341908 Listed on: 10/25/2019

Vista Sotheby’s International Realty

Last Buyer's Agent

Vicki Leach

Vista Sotheby’s International Realty License #01341908 Listed on: 10/25/2019

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,423

Year Built

  • Built in 1954

Lot Details

  • 7,205 Sq Ft Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,590 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Views of Woods
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Multi-Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 20 / 1703
  • Tax Tract Number 6882
  • Assessor Parcel Number 7539007013

Community Details

Overview

  • Property has a Home Owners Association
  • Pve Homeowners Association, Phone Number (310) 373-6721

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,423

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7539007013
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1590.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 862.26
  • Room Type: Family Room, Galley Kitchen, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Multi-Level Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails
  • Association Name: PVE Homeowners
  • Phone: 3103736721
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Yard
  • Lot Size Sq Ft: 7205.00
  • Lot Size Acres: 0.1654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7205.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1703
  • Tax Census Tract: 6703.24
  • Tax Lot: 20
  • Tax Tract Number: 6882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 17, 2019
Sold by
Leach Paul and Leach Nina
Bought by
Casado Denver and Casado Linda
Seller's Agent
Vicki Leach
Vista Sotheby’s International Realty
Buyer's Agent
Vicki Leach
Vista Sotheby’s International Realty
List Price
$1,425,000
Sold Price
$1,371,000
Premium/Discount to List
-$54,000
-3.79%
Current Estimated Value
$2,156,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,021
Avg. Annual Appreciation
8.15%
Original Mortgage
$1,007,000
Outstanding Balance
$887,816
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,268,206

Purchase Details

Closed on
Jan 8, 2015
Sold by
Leach Paul
Bought by
Leach Paul and Leach Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,006
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2014
Sold by
Leach Paul and Leach Nina
Bought by
Leach Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,955
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2013
Sold by
Leach Craig D and Leach Judith A
Bought by
Leach Paul

Purchase Details

Closed on
Apr 12, 2012
Sold by
Leach Craig D and Leach Judith A
Bought by
Leach Craig D and Leach Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,200
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Leach Craig D and Leach Judith A
Bought by
Leach Craig D and Leach Judith A

Purchase Details

Closed on
Dec 7, 2001
Sold by
Womack Pamela and Womack Pamela Wood
Bought by
Leach Craig D and Leach Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Wood Iva I
Bought by
Womack Pamela Wood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1997
Sold by
Wood Iva I Tr J C Wood Trust
Bought by
Wood Iva Irene and Womack Pamela Wood
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
Casado Denver $1,371,000 Consumers Title Co Of Socal
Leach Paul -- Chicago Title Company
Leach Paul -- Chicago Title
Leach Paul -- None Available
Leach Craig D -- Chicago Title Company
Leach Craig D -- --
Leach Craig D $659,000 Equity Title
Womack Pamela Wood -- Equity Title
Wood Iva Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casado Denver $1,007,000
Previous Owner Leach Paul $911,006
Previous Owner Leach Paul $607,955
Previous Owner Leach Craig D $606,200
Previous Owner Leach Craig D $528,000
Closed Leach Craig D $65,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $1,371,000 -3.8% $862 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $1,425,000 -- $896 / 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 $17,423 $1,499,382 $1,199,508 $299,874
2024 $17,423 $1,469,984 $1,175,989 $293,995
2023 $17,091 $1,441,162 $1,152,931 $288,231
2022 $16,250 $1,412,905 $1,130,325 $282,580
2021 $16,264 $1,385,202 $1,108,162 $277,040
2020 $16,045 $1,371,000 $1,096,800 $274,200
2019 $12,160 $1,013,279 $837,179 $176,100
2018 $12,105 $993,412 $820,764 $172,648
2016 $11,493 $954,839 $788,894 $165,945
2015 $11,371 $940,498 $777,045 $163,453
2014 $11,207 $922,076 $761,824 $160,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19246283

California Regional Multiple Listing Service (CRMLS)

APN: 7539-007-013