NOT LISTED FOR SALE

Estimated Value: $2,308,000 - $2,413,000

3 Beds
2 Baths
1,641 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $2,200,000 $1,341 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,029/month

9 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • Lawn
  • Rancho Vista Elementary School Rated A+
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2023

Welcome to this charming and light-filled one-story home nestled in the heart of Valmonte,
offering sweeping views of downtown Los Angeles, showcasing both city and mountain vistas.
If you desire a turn key Valmonte residence, then this is a property you simply cannot miss! With
3 bedrooms and 2 bathrooms, this home boasts a perfect location on one of Valmonte's most
sought after streets.
Step inside to discover an inviting open floor plan, featuring separate living and a large family
room that provide ample space for relaxation and entertaining. The house exudes warmth with
two cozy fireplaces, creating a warm ambiance during cooler evenings. The large family room
opens to the brick patio area. Leaving the French doors open on warmer nights is a great way to
enhance the indoor-outdoor experience.
The completely remodeled kitchen has been fully updated with neolith countertops, custom
cabinetry, updated hardware, a farmhouse sink, Thermador appliances and a custom walk-in
pantry with a mini fridge and coffee bar. The mudroom is conveniently located off the garage
with a custom drawer for storage. The bathrooms have been tastefully updated, and the custom
maple hardwood floors have been recently refinished, adding a Mid Century Modern touch to the
interior. The side yard features an outdoor shower accompanied by a deck and a convenient
storage area designated for paddle boards and surfboards. Large attic space with ample storage
and convenient laundry facility in garage.
Natural light floods the family room and master bedroom, both of which boast French doors
leading out to a generous patio overlooking the enclosed backyard. The front porch offers a
delightful view to unwind and observe the children playing in the enclosed gated front yard or to
engage in friendly conversations with neighbors.
This home comes equipped with central heating and air conditioning to ensure year-round
comfort. The backyard is adorned with apple and citrus trees, further enhancing the appeal of this
lovely property. Plus, there is potential to expand and add a second story on one of the best view
streets in Valmonte, making this a versatile investment opportunity.
Families will appreciate this close knit top-rated Palos Verdes Peninsula School District, which
offers excellent educational options for all grade levels. Additionally, the home is conveniently
located just a few blocks away from the Palos Verdes Trail system, PV Stables and PV Country Club.

Last Agent to Sell the Property

Lee Knickerbocker

Estate Properties License #00957301 Listed on: 06/19/2023

Last Buyer's Agent

Allison Lutz

The Agency License #01945014

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,474

Year Built

  • Built in 1950

Lot Details

  • 6,916 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Raised Foundation
  • Wood Roof

Interior Spaces

  • 1,641 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Range Hood
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Fireplace in Patio
  • Brick Porch or Patio

Location

  • Suburban Location

Schools

  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 6322
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537020003
  • $1,623 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,474

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537020003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1641.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pull Down Stairs to Attic, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: 1st level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Patio
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1340.65
  • Room Type: All Bedrooms Down, Family Room, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: City Lights, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Patio, Porch
  • Pool Private: No
  • Roof: Wood
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Water Heater, Ice Maker, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • High School: Palos Verdes
  • High School: Palos Verdes
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6916.00
  • Lot Size Acres: 0.1588

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6916.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6322
  • Tax Census Tract: 6703.24
  • Tax Lot: 3
  • Tax Tract Number: 7143
  • TaxOtherAnnualAssessmentAmount: 1623.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 12, 2023
Sold by
Riley Matthew and Riley Lindsay
Bought by
Razov Living Trust and Razov
Seller's Agent
Lee Knickerbocker
Estate Properties
Buyer's Agent
Allison Lutz
The Agency
List Price
$2,200,000
Sold Price
$2,200,000
Views
72
Current Estimated Value
$2,373,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,226
Avg. Annual Appreciation
2.69%
Original Mortgage
$1,900,000
Outstanding Balance
$1,858,403
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$469,664

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 4, 2016
Sold by
Hudson Alexander M
Bought by
Riley Matthew and Riley Lindsay
Seller's Agent
Kyle Daniels
Vista Sotheby’s International Realty
Buyer's Agent
Kyle Daniels
Vista Sotheby’s International Realty
List Price
$1,450,000
Sold Price
$1,420,000
Premium/Discount to List
-$30,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,065,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2012
Sold by
Hudson Alexander M
Bought by
Hudson Alexander M and Blank Martina U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,739
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Hudson Alexander
Bought by
Hudson Alexander M and Blank Martina U

Purchase Details

Closed on
Dec 29, 2009
Sold by
Nelson Richard
Bought by
Hudson Alexander and Blank Martina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 10, 2004
Sold by
Dennee Michelle L
Bought by
Nelson Richard and Nelson Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2002
Sold by
Robinson Dennis S
Bought by
Dennee Michelle L

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
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1997
Sold by
Detomasi Darlene C
Bought by
Robinson Dennis S and Robinson Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1993
Sold by
Detomasi Robert G
Bought by
Detomasi Darlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Razov Living Trust $2,200,000 Progressive Title Company
Riley Matthew $1,420,000 Western Resources Title
Hudson Alexander M -- None Available
Hudson Alexander M -- None Available
Hudson Alexander $1,060,000 Lawyers Title
Nelson Richard $1,150,000 Lawyers Title Ins
Dennee Michelle L $785,090 Equity Title Company
Robinson Dennis S $505,000 First American Title Ins Co
Detomasi Darlene C -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razov Living Trust $1,900,000
Previous Owner Riley Matthew $1,018,000
Previous Owner Riley Matthew $1,065,000
Previous Owner Hudson Alexander M $405,739
Previous Owner Hudson Alexander $203,000
Previous Owner Hudson Alexander $417,000
Previous Owner Nelson Richard $120,000
Previous Owner Nelson Richard $916,000
Previous Owner Nelson Richard $100,000
Previous Owner Nelson Richard $862,500
Previous Owner Dennee Michelle L $628,000
Previous Owner Robinson Dennis S $217,000
Previous Owner Robinson Dennis S $155,000
Previous Owner Detomasi Darlene C $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $2,200,000 0.0% $1,341 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $2,200,000 +54.9% $1,341 / Sq Ft
11/10/2016 11/10/16 Sold $1,420,000 -2.1% $865 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,450,000 -- $884 / 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 $25,474 $2,244,000 $1,706,766 $537,234
2024 $25,474 $2,200,000 $1,673,300 $526,700
2023 $18,876 $1,584,032 $1,267,227 $316,805
2022 $17,947 $1,552,974 $1,242,380 $310,594
2021 $17,895 $1,522,524 $1,218,020 $304,504
2020 $17,656 $1,506,913 $1,205,531 $301,382
2019 $17,136 $1,477,367 $1,181,894 $295,473
2018 $17,028 $1,448,400 $1,158,720 $289,680
2016 $13,588 $1,155,829 $924,665 $231,164
2015 $13,441 $1,138,468 $910,776 $227,692
2014 $13,241 $1,116,168 $892,936 $223,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23101123

California Regional Multiple Listing Service (CRMLS)

APN: 7537-020-003