NOT LISTED FOR SALE

4040 Via Valmonte Palos Verdes Estates, CA 90274

Estimated Value: $2,199,000 - $2,640,000

3 Beds
2 Baths
1,764 Sq Ft
$1,412/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $2,575,000 $1,460 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,580/month

63 Days on Market

Highlights

  • City Lights View
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Rancho Vista Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of October 2024

This tastefully remodeled Cape Cod style Valmonte home evokes a timeless elegance on an expansive landscaped 9,756 sqft lot. From the kitchen to the bedrooms, every space has been thoughtfully designed to maximize functionality and organization. Upon entering your guests will feel welcomed by the formal living area with a wood burning fireplace and doors that open to the flagstone front patio. The updated kitchen will delight your inner chef with the 48” Dacor Range and luxury built-in appliances. A second living area perfect for relaxing with the family sits just off of the kitchen and opens to the back yard. The downstairs bedroom features custom built-in storage and an ensuite bath. Upstairs you'll find the most amazing bunk room with custom millwork, hidden storage, a lofted reading nook, and cozy bunk beds the kids will love. Other highlights you don’t want to miss include the abundance of built-in cabinets offering practical storage solutions while maintaining the home's aesthetic appeal, dual paned windows, A/C, and hardwood floors throughout. One of the most special features of this property is the two level backyard that has a large grass area for play, multiple areas to spend time soaking in the sun, and a deck area built around a large tree to spend time with guests. The detached garage serves dual purposes as an extension of the living area with room for a gym and home office, as well as plenty of storage. For those looking to expand the home, there is an available PVHA approved plan for a major addition with an ADU or a second smaller option drawn by local architect Russ Barto. In terms of Location, 4040 Via Valmonte gives you easy access to join your neighbors for a round of golf at the PVGC, a game of tennis or pickleball at the PV tennis club, or keep your horse just a short walk away at the PV Stables. With top rated schools, miles of trails just around the corner, and easy access on and off the Hill, this unique offering is one you won’t want to miss.

Last Agent to Sell the Property

Kyle Daniels

Vista Sotheby’s International Realty Brokerage Phone: 310.374.2100 License #01843670 Listed on: 07/03/2024

Vista Sotheby’s International Realty

Co-Listed By

Garrett Auville

Vista Sotheby's International Realty Brokerage Phone: 310.374.2100 License #02110904

Last Buyer's Agent

Anne Williams

Vista Sotheby’s International Realty License #02131519

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 9,759 Sq Ft Lot
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Property is zoned PVR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Up Slope from Street
  • Driveway

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Utility Basement

Kitchen

  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Palos Verdes Homes Association, Phone Number (310) 373-6721
  • Pvha HOA

Listing and Financial Details

  • Legal Lot and Block 11 / 6321
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537025010
  • $1,682 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1941 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer and Dryer, Car Charger
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537025010
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1764.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1459.75
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom, Separate Family Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Stone Counters
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: City Lights, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Palos Verdes Homes Association
  • Phone: (310) 373-6721
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: PVHA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Up Slope from Street
  • Lot Size Sq Ft: 9759.00
  • Lot Size Acres: 0.2240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9759.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6321
  • Tax Census Tract: 6703.24
  • Tax Lot: 11
  • Tax Tract Number: 7143
  • TaxOtherAnnualAssessmentAmount: 1682.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 30, 2024
Sold by
Mcelyea Jennifer
Bought by
Mcelyea Peyton
Seller's Agent
Kyle Daniels
Vista Sotheby’s International Realty
Buyer's Agent
Anne Williams
Vista Sotheby’s International Realty
List Price
$2,599,000
Sold Price
$2,575,000
Premium/Discount to List
-$24,000
-0.92%
Views
104
Current Estimated Value
$2,490,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,695
Avg. Annual Appreciation
-2.70%
Original Mortgage
$1,150,000
Outstanding Balance
$1,137,048
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$1,353,257

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 18, 2024
Sold by
Auville Mark and Auville Jennifer
Bought by
Mcelyea Peyton
Seller's Agent
Kyle Daniels
Vista Sotheby’s International Realty
Buyer's Agent
Anne Williams
Vista Sotheby’s International Realty
List Price
$2,599,000
Sold Price
$2,575,000
Premium/Discount to List
-$24,000
-0.92%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$1,137,048
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$1,353,257

Purchase Details

Closed on
Mar 22, 2011
Sold by
Edwards Blake David and Edwards Meredith Holly
Bought by
Wilson Christopher Donaldson and Wilson Mary Virginia

Purchase Details

Closed on
May 22, 2007
Sold by
Edwards Blake and Edwards Meredith
Bought by
Edwards Blake David and Edwards Meredith Holly

Purchase Details

Closed on
Aug 15, 2006
Sold by
Strockis John David
Bought by
Edwards Blake and Edwards Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$983,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Hokama Jason and Hokama Nancy Susa
Bought by
Strockis John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Hokama Jason and Hokama Nancy Susa
Bought by
The Hokama Family Trust

Purchase Details

Closed on
Aug 22, 2000
Sold by
Trust Tucker Robert L Tr Robert L Tucker
Bought by
Hokama Jason and Hokama Nancy Susa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcelyea Peyton -- Western Resources Title Compan
Mcelyea Peyton $2,575,000 Western Resources Title Compan
Wilson Christopher Donaldson $1,240,000 Lawyers Title
Edwards Blake David -- None Available
Edwards Blake -- None Available
Strockis John David $1,075,000 --
The Hokama Family Trust -- --
Hokama Jason $640,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelyea Peyton $1,150,000
Previous Owner Edwards Blake $983,000
Previous Owner Strockis John David $860,000
Previous Owner Hokama Jason $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $2,575,000 -0.9% $1,460 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $2,599,000 +4.0% $1,473 / Sq Ft
04/08/2022 04/08/22 Sold $2,500,000 0.0% $1,417 / Sq Ft View Prior Sale
02/04/2022 02/04/22 For Sale $2,500,000 -- $1,417 / 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 $29,919 $2,575,000 $2,220,000 $355,000
2024 $29,919 $2,601,000 $2,080,800 $520,200
2023 $29,415 $2,550,000 $2,040,000 $510,000
2022 $17,393 $1,497,023 $1,059,991 $437,032
2021 $17,341 $1,467,670 $1,039,207 $428,463
2019 $16,608 $1,424,140 $1,008,385 $415,755
2018 $16,512 $1,396,216 $988,613 $407,603
2016 $15,681 $1,342,001 $950,225 $391,776
2015 $15,515 $1,321,844 $935,952 $385,892
2014 $15,285 $1,295,951 $917,618 $378,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24136275

California Regional Multiple Listing Service (CRMLS)

APN: 7537-025-010