NOT LISTED FOR SALE

Estimated Value: $2,602,892 - $2,870,000

3 Beds
2 Baths
2,848 Sq Ft
$949/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $2,550,000 $895 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,809/month

6 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Canyon View
  • Rancho Vista Elementary School Rated A+
  • Heated Spa
  • Main Floor Bedroom

About This Home

As of November 2021

With its classic style and wonderful indoor/outdoor flow, this charming home epitomizes Valmonte’s coveted lifestyle. Set against a brilliant, private backdrop, this is an ideal setting for entertaining and everyday life. The gated front yard makes for the perfect approach. Once inside, the entry level features a spacious kitchen with direct garage access, a dining room and a large living room with fireplace and balcony overlooking the surrounding hillside. Two bedrooms and a remodeled bathroom round out the top floor. Downstairs, you’ll find the third bedroom, a 3/4 bathroom, an oversized laundry room, and the expansive family room with sliding doors leading to the backyard. The backyard features a relaxing spa, built-in BBQ area and a secluded patio covered by grape vines. Backing up to parkland provides a sense of expansiveness as well as privacy. Air-conditioning; hardwood floors; an attached, two-car garage; a newer roof (in 2018); a wine storage area; and a grassy front yard are just a few of the amenities.

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 10/13/2021

Vista Sotheby's International Realty

Last Buyer's Agent

Angelique Lyle

Compass License #01475592

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,693

Year Built

  • Built in 1952

Lot Details

  • 8,296 Sq Ft Lot
  • Front Yard
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Hills

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Additional Features

  • Heated Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / 6330
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537026005
  • $1,902 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,693

Year Built

Built in 1952

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: 7537026005
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2848.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 895.37
  • Room Type: Family Room, Laundry, Living Room, Main Floor Bedroom, Separate Family Room
  • Spa Features: Private, Heated

Exterior Features

  • View: Canyon, Hills
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8296.00
  • Lot Size Acres: 0.1904
  • Latitude Manual: 33.79692200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8296.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6330
  • Tax Census Tract: 6703.24
  • Tax Lot: 5
  • Tax Tract Number: 7143
  • TaxOtherAnnualAssessmentAmount: 1902.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 17, 2021
Sold by
Wade And Susan Welch Family Trust and Welch Susan P
Bought by
Evans Melodie Kay and Grbac Don Gene
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Angelique Lyle
Compass
List Price
$2,500,000
Sold Price
$2,550,000
Premium/Discount to List
$50,000
2%
Current Estimated Value
$2,703,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,973
Avg. Annual Appreciation
1.53%
Original Mortgage
$0
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2012
Sold by
Welch Wade P
Bought by
Welch Wade P and Welch Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2003
Sold by
Welch Wade P
Bought by
Welch Wade P and Welch Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Welch Wade P
Bought by
Welch Wade P and Welch Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Welch Wade P
Bought by
Welch Wade P and Welch Susan P

Purchase Details

Closed on
Jan 10, 1994
Sold by
Craig Jack E
Bought by
Welch Wade Paulsrud and Welch Susan Paulsrud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.16%
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
Evans Melodie Kay $2,550,000 Consumers Title
Welch Wade P -- Accommodation
Welch Wade P -- Lsi
Welch Wade P -- Chicago Title Co
Welch Wade P -- Chicago Title Co
Welch Wade P -- South Coast Title
Welch Wade P -- South Coast Title
Welch Wade P -- --
Welch Wade Paulsrud -- Chicago Title
Craig Jack E -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Evans Melodie Kay $0
Previous Owner Welch Wade P $417,000
Previous Owner Welch Wade P $322,000
Previous Owner Welch Wade P $300,700
Previous Owner Welch Wade Paulsrud $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $2,550,000 +2.0% $895 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $2,500,000 -- $878 / 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 $17,693 $1,477,531 $1,014,912 $462,619
2024 $17,693 $1,448,561 $995,012 $453,549
2023 $17,360 $1,420,158 $975,502 $444,656
2022 $10,791 $839,705 $553,205 $286,500
2021 $10,662 $823,241 $542,358 $280,883
2020 $10,524 $814,800 $536,797 $278,003
2019 $10,240 $798,824 $526,272 $272,552
2018 $10,129 $783,161 $515,953 $267,208
2016 $9,589 $752,752 $495,919 $256,833
2015 $9,478 $741,446 $488,470 $252,976
2014 $9,339 $726,923 $478,902 $248,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21227413

California Regional Multiple Listing Service (CRMLS)

APN: 7537-026-005