NOT LISTED FOR SALE

Estimated Value: $3,060,000 - $4,281,000

5 Beds
4.5 Baths
3,934 Sq Ft
$994/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $3,550,000 $902 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $24,324/month

16 Days on Market

Highlights

  • Golf Course Community
  • Greenhouse
  • City Lights View
  • Rancho Vista Elementary School Rated A+
  • Primary Bedroom Suite
  • Deck

About This Home

As of May 2021

This breathtaking custom Valmonte home with city views is nestled on an oversized corner lot with fountains, stonework, and meandering paths through manicured gardens. With carefully sourced European details, antique fittings, beamed ceilings, and subtle lighting, each room was thoughtfully planned and flawlessly executed. Inside, the white oak floors blend seamlessly into honed limestone as you travel from the library, under skylights, past a stone fireplace and into the spacious, primary retreat complete with a soaking tub and a private outdoor sitting area. Enjoy the travertine-covered patio with a large fire pit, multiple seating areas, shady trees, rose gardens, and spectacular evening lighting. The indoor kitchen has a large cooking island, casual breakfast bar, a generous walk-in-pantry, 2 dishwashers, 2 ovens, and opens through retractable doors to the outside. The outdoor cooking area has a large grill with a bar for stools, a sink fitted in a vintage furniture piece, plenty of stone counter space, and an outdoor refrigerator. A hidden garden house is perfect for a reading retreat or an al fresco dinner. Other details include separate AC units, central vac, two laundry rooms, pre-wired for audio and visual equipment, IE security cameras, ADT alarm system, CAT 5 cable & in-ceiling speakers throughout. A bocce ball court, raised gardens, sport court, and outdoor kitchen make life and entertaining easy in this extraordinary home.

Last Agent to Sell the Property

Cari Corbalis

Vista Sotheby’s International Realty License #00850678 Listed on: 03/21/2021

Vista Sotheby’s International Realty

Co-Listed By

Brittney Austin

Vista Sotheby’s International Realty License #01799654

Last Buyer's Agent

Eva Burkley

Vista Sotheby's International Realty License #02006682

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,189

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • South Facing Home
  • Property is zoned PVR1

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 3,934 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Bathtub

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Greenhouse

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 6322
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537020009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,189

Year Built

Built in 2011 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Well Report: No
  • Zoning: PVR1
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537020009
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3934.00 Square Feet
  • Interior Amenities: Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 902.39
  • Room Type: Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Greenhouse, Sport Court Private
  • View: City Lights, Mountain(s)
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Gas Range
  • 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: Biking, Golf, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18389.00
  • Lot Size Acres: 0.4222

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18389.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6322
  • Tax Lot: 9
  • Tax Tract Number: 7143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Apr 9, 2021
Sold by
Rajiv And Kate Reddy Family Trust and Reddy Kathleen M
Bought by
Miller Lance and Miller Michelle
Seller's Agent
Cari Corbalis
Vista Sotheby’s International Realty
Buyer's Agent
Eva Burkley
Vista Sotheby's International Realty
List Price
$3,699,000
Sold Price
$3,550,000
Premium/Discount to List
-$149,000
-4.03%
Current Estimated Value
$3,909,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,071
Avg. Annual Appreciation
2.22%
Original Mortgage
$2,840,000
Outstanding Balance
$2,568,271
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,340,800

Purchase Details

Closed on
Sep 5, 2019
Sold by
Reedy Rajiv K and Reedy Kathleen
Bought by
Reedy Rajiv K and Reedy Kathleen M

Purchase Details

Closed on
May 2, 2019
Sold by
Hinyub Kevin and Hinyib Jenny
Bought by
Reddy Rajiv K and Reddy Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Hinyub Kevin and Hinyub Jenny
Bought by
Hinyub Kevin and Hinyub Jenny

Purchase Details

Closed on
Feb 13, 2011
Sold by
Robins Barbara C and Robins Barbara C
Bought by
Hinyub Kevin and Hinyub Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 1998
Sold by
Robins Richard D
Bought by
Robins Richard D and Robins Barbara C
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
Miller Lance $3,550,000 Consumers Title
Reedy Rajiv K -- None Available
Reddy Rajiv K $3,300,000 Progressive Title Company
Hinyub Kevin -- None Available
Hinyub Kevin $1,550,000 Ortc
Robins Richard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Lance $2,840,000
Previous Owner Reddy Rajiv K $2,640,000
Previous Owner Hinyub Kevin $1,240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $3,550,000 -4.0% $902 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $3,699,000 -- $940 / 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 $43,189 $3,842,631 $2,472,922 $1,369,709
2024 $43,189 $3,767,286 $2,424,434 $1,342,852
2023 $42,512 $3,693,419 $2,376,897 $1,316,522
2022 $40,378 $3,621,000 $2,330,292 $1,290,708
2021 $38,619 $3,400,870 $2,031,144 $1,369,726
2020 $38,101 $3,366,000 $2,010,318 $1,355,682
2019 $12,277 $2,156,255 $1,424,144 $732,111
2018 $24,762 $2,113,976 $1,396,220 $717,756
2016 $23,503 $2,031,890 $1,342,004 $689,886
2015 $23,256 $2,001,370 $1,321,846 $679,524
2014 $22,909 $1,962,167 $1,295,953 $666,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21051724

California Regional Multiple Listing Service (CRMLS)

APN: 7537-020-009