NOT LISTED FOR SALE

Estimated Value: $2,568,000 - $2,874,000

3 Beds
2 Baths
1,896 Sq Ft
$1,443/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $2,750,000 $1,450 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $16,678/month

8 Days on Market

Highlights

  • Property has ocean access
  • Golf Course Community
  • Panoramic View
  • Silver Spur Elementary School Rated A+
  • Cabana
  • Midcentury Modern Architecture

About This Home

As of July 2024

LOCATION! LOCATION! LOCATION! Between the trees and located on one of the most desirable streets in the Valmonte community of Palos Verdes Estates, you'll find this move-in ready single-level home. This enchanting property offers a serene retreat with 3 bedrooms, 2 baths, and a generous 1,896 square feet of living space on a sprawling 10,561 square foot flat lot.

Step into this bright and airy home featuring a living room with a cozy fireplace, a den/office with built-in bookshelves, and a formal dining room complete with a charming 1936 built-in wine rack. The kitchen is warm and inviting with updated appliances and an adjacent breakfast nook, all centered around an open-air courtyard that brings the outdoors in. This unique design offers the feel of a treehouse, with views of the beautiful trees and the golf course right from your windows.

The outdoor space is equally impressive with a spacious, tree-shaded backyard perfect for entertaining and a large, grassy area ideal for kids to play. The property boasts over a dozen eucalyptus trees, providing a tranquil, shaded environment, and a large patio area that offers ample room to expand.

Situated in Valmonte, one of the most coveted neighborhoods, this home offers proximity to award-winning schools, hiking trails, and golf courses. It’s within walking distance to the beach and just a mile from Hollywood Riviera’s dining, shopping, and entertainment. The exclusive Grove section of Valmonte fosters a tight-knit community spirit, with traditions like the Fourth of July Block Party dating back to the 1920s.

This property is not just a dream home but also a fantastic investment opportunity. The combination of its prime location, spacious lot, and potential for expansion makes it a rare find in today’s market. (< ~7 homes sell in the Grove per year.)

Don't miss out on this chance to own a piece of paradise in Palos Verdes Estates on the market for the first time in nearly 30yrs. Schedule a viewing today and make this enchanting home your own!

Last Agent to Sell the Property

Clifford Scherb

Vista Sotheby’s International Realty Brokerage Phone: 310-546-7611 License #02207710 Listed on: 05/30/2024

Vista Sotheby’s International Realty

Last Buyer's Agent

Joe Alessi

Estate Properties License #01844404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,365

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 10,679 Sq Ft Lot
  • Wood Fence
  • Fence is in fair condition
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Workshop in Garage

Property Views

  • Panoramic
  • Golf Course
  • Woods
  • Canyon
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Concrete Roof
  • Wood Siding

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Awning
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dressing Area
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Cabana
  • Property has ocean access
  • Stone Porch or Patio

Schools

  • Silver Spur Elementary School
  • Peninsula High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 7539
  • Assessor Parcel Number 7538012003
  • $24,927 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,365

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7538012003
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1896.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Entry Location: Front of Home
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1450.42
  • Room Type: All Bedrooms Down, Dressing Area, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Upgraded
  • Room Kitchen Features: Tile Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Exterior Features: Awning(s)
  • View: Canyon, Golf Course, Neighborhood, Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Patio And Porch Features: Cabana, Stone
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage, Workshop in Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Horse Trails

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Silver Spur
  • High School: Peninsula
  • Elementary School: Silver Spur
  • High School: Peninsula
  • Elementary School #2: SILSPU
  • High School2: PENINS

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size: 10,682
  • Lot Size Sq Ft: 10679.00
  • Lot Size Acres: 0.2452
  • Latitude Manual: 33.80345900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10679.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: 3
  • Tax Tract: 7539
  • Tax Tract Number: 7539
  • TaxOtherAnnualAssessmentAmount: 24927.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 28, 2024
Sold by
Peters Family Trust and Peters Jeff R
Bought by
Stanley And Stacey Green Family Trust and Green
Seller's Agent
Clifford Scherb
Vista Sotheby’s International Realty
Buyer's Agent
Joe Alessi
Estate Properties
List Price
$2,598,000
Sold Price
$2,750,000
Premium/Discount to List
$152,000
5.85%
Views
25
Current Estimated Value
$2,736,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,886
Avg. Annual Appreciation
-0.40%
Original Mortgage
$2,200,000
Outstanding Balance
$2,176,421
Interest Rate
7.55%
Mortgage Type
New Conventional
Estimated Equity
$559,693

Purchase Details

Closed on
Jan 13, 2022
Sold by
Wanda-Lee H Rhoades Trust
Bought by
Peters Jeffrey R and Robles-Peters Rory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1995
Sold by
Rhoades Wanda Lee and Rhoades Wanda Lee H
Bought by
Rhoades Wanda Lee H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stanley And Stacey Green Family Trust $2,750,000 Upward Title Company
Peters Jeffrey R $2,100,000 Progressive Title
Rhoades Wanda Lee H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley And Stacey Green Family Trust $2,200,000
Previous Owner Peters Jeffrey R $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2024 07/05/24 Sold $2,750,000 +5.9% $1,450 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $2,598,000 -- $1,370 / 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 $25,365 $2,750,000 $2,409,500 $340,500
2024 $25,365 $2,184,840 $1,747,872 $436,968
2023 $24,927 $2,142,000 $1,713,600 $428,400
2022 $2,659 $153,810 $88,921 $64,889
2021 $2,709 $150,795 $87,178 $63,617
2020 $2,684 $149,250 $86,285 $62,965
2019 $2,633 $146,325 $84,594 $61,731
2018 $2,567 $143,457 $82,936 $60,521
2016 $2,824 $137,888 $79,716 $58,172
2015 $2,785 $135,818 $78,519 $57,299
2014 $2,365 $133,158 $76,981 $56,177
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24102814

California Regional Multiple Listing Service (CRMLS)

APN: 7538-012-003