NOT LISTED FOR SALE

Estimated Value: $2,424,017 - $2,610,000

4 Beds
3 Baths
2,178 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $2,000,000 $918 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $15,615/month

10 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Open Floorplan
  • Silver Spur Elementary School Rated A+
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of May 2021

Valmonte Colonial Gem! Here is your chance to own this darling one of a kind original 1938 Valmonte home, only its second time on the market. Situated on a large corner lot, this home with gorgeous curb appeal and mature oak trees is minutes away from shopping, restaurants, beach, golf, stables and award winning PVPUSD schools. As you enter this charming 4 bedroom 3 bath home, the attention to detail is evident with original architectural elements such as hardwood floors, crown molding, wainscoting, dovetail finishes, cove ceilings and MORE. The master bedroom with walk-in closet and ensuite bathroom provides a nice retreat. Formal living room with wood burning fireplace and formal dining room are ideal for entertaining. The sun filled kitchen with breakfast nook is open to the family room boasting high ceilings, wood burning fireplace and French doors to the backyard. A sun porch with Dutch door leads you to a private yard with fruit trees, BBQ area and built-in firepit. A two car detached garage with cupola and weather vane finish off the lovely cottage feel. Don’t miss this once in a lifetime opportunity to enjoy this iconic home in the desirable Valmonte neighborhood of Palos Verdes Estates.

Last Agent to Sell the Property

Michele Nelson

Estate Properties License #01997414 Listed on: 02/26/2021

Last Buyer's Agent

Richard Haynes

Haynes Real Estate License #01779425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,827

Year Built

  • Built in 1938

Lot Details

  • 9,042 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Raised Foundation
  • Shake Roof

Interior Spaces

  • 2,178 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Concrete Porch or Patio
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 1 / 6213
  • Tax Tract Number 6887
  • Assessor Parcel Number 7537006001

Community Details

Overview

  • No Home Owners Association

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,827

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537006001
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2178.00 Square Feet
  • Interior Amenities: Chair Railings, Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Wainscoting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 918.27
  • Room Type: Basement, Entry, Family Room, Kitchen, Living Room, Master Suite, Sun, Walk-In Closet
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Roof: Shake

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Horse Trails, Park, Stable(s)

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 9042.00
  • Lot Size Acres: 0.2076

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9042.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6213
  • Tax Census Tract: 6703.24
  • Tax Lot: 1
  • Tax Tract Number: 6887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 16, 2021
Sold by
Thek Mark R
Bought by
Hooks James Robert and Hooks Catherine Callahan
Seller's Agent
Michele Nelson
Estate Properties
Buyer's Agent
Richard Haynes
Haynes Real Estate
List Price
$1,900,000
Sold Price
$2,000,000
Premium/Discount to List
$100,000
5.26%
Current Estimated Value
$2,505,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,504
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,480,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2016
Sold by
Glazer Robert N
Bought by
Thek Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2012
Sold by
Glazer Robert N
Bought by
Glazer Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
3.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 2009
Sold by
Glazer Robert N
Bought by
Glazer Robert N and Glazer Lisa C

Purchase Details

Closed on
Mar 14, 2006
Sold by
Glazer Robert N
Bought by
Glazer Robert N and Glazer Lisa C

Purchase Details

Closed on
Mar 16, 2001
Sold by
Glazer Robert N
Bought by
Glazer Robert N and Glazer Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
6.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2000
Sold by
Glazer Robert N
Bought by
Glazer Robert N and Glazer Lisa C

Purchase Details

Closed on
May 10, 1996
Sold by
Lawver Lee W
Bought by
Glazer Robert N and Glazer Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Hooks James Robert $2,000,000 Progressive Title
Thek Mark D $1,300,000 Progressive Title Co Inc
Glazer Robert N -- Ticor Title Tustin Orange Co
Glazer Robert N -- Accommodation
Glazer Robert N -- First American Title Co La
Glazer Robert N -- Accommodation
Glazer Robert N -- First American Title Co
Glazer Robert N -- First American Title Ins Co
Glazer Robert N -- First American Title Ins Co
Glazer Robert N -- --
Glazer Robert N $480,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooks James Robert $1,480,000
Previous Owner Thek Mark D $700,000
Previous Owner Glazer Robert N $628,000
Previous Owner Glazer Robert N $175,000
Previous Owner Glazer Robert N $150,000
Previous Owner Glazer Robert N $540,681
Previous Owner Glazer Robert N $525,000
Previous Owner Glazer Robert N $155,200
Previous Owner Glazer Robert N $150,000
Previous Owner Glazer Robert N $435,000
Previous Owner Glazer Robert N $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $2,000,000 +5.3% $918 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,900,000 -- $872 / 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 $24,827 $2,164,862 $1,731,890 $432,972
2024 $24,827 $2,122,415 $1,697,932 $424,483
2023 $24,395 $2,080,800 $1,664,640 $416,160
2022 $23,182 $2,040,000 $1,632,000 $408,000
2021 $16,555 $1,393,861 $1,115,089 $278,772
2020 $16,334 $1,379,570 $1,103,656 $275,914
2019 $15,858 $1,352,520 $1,082,016 $270,504
2018 $15,761 $1,326,000 $1,060,800 $265,200
2016 $9,022 $715,789 $538,880 $176,909
2015 $8,918 $705,038 $530,786 $174,252
2014 $8,789 $691,228 $520,389 $170,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21040831

California Regional Multiple Listing Service (CRMLS)

APN: 7537-006-001