NOT LISTED FOR SALE

Estimated Value: $2,459,000 - $3,261,000

4 Beds
3 Baths
2,565 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $1,296,000 $505 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $16,336/month

2 Days on Market

Highlights

  • Community Stables
  • Primary Bedroom Suite
  • Traditional Architecture
  • Rancho Vista Elementary School Rated A+
  • Canyon View
  • Wood Flooring

About This Home

As of February 2014

The classic Valmonte family home -- this is the kind of home we who grew up in Valmonte grew up in. 4 bedrooms 3 baths -- 3 bedrooms and 2 baths on main (street) level, one each downstairs. Tastefully remodeled kitchen (see pictures), light and spacious living and dining rooms opening onto a lovely large deck with view of the hills. Beautiful hardwood floors on this level. On the lower level is the 4th (could be guest) bedroom, 3/4 bath, large family room with wet bar, very handy office/storage room (to left at bottom of stairs), laundry, laundry chute, and access to large flat rear garden. 2-car garage with auto-opener, and nearly new Monier Cedarlite roof. For no extra charge you get that coveted Valmonte climate, generally acknowledeged to be the best on the Hill, as well as easy off-Hill commute via Via Valmonte/Hawthorne Blvd. Quiet, low-traffic street -- in fact, we played in it when I was a kid. This home has been very well-maintained by the current long-time owner. I am occasionally asked the meaning of the street names in PVE. The Pinzon brothers (Martin and Vicente) were the captains of 2 of Columbus' ships, the Pinta and Nina, respectively. The street is named after them. First time for sale in 30 years.

Last Agent to Sell the Property

Dana Graham

Berkshire Hathaway HomeService License #00877973 Listed on: 01/13/2014

Berkshire Hathaway HomeService

Last Buyer's Agent

Maggie Ding

Compass License #01414326

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,052

Year Built

  • Built in 1953

Lot Details

  • 8,054 Sq Ft Lot
  • Corners Of The Lot Have Been Marked
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Hills
  • Valley

Home Design

  • Traditional Architecture
  • Copper Plumbing

Interior Spaces

  • 2,565 Sq Ft Home
  • 2-Story Property
  • Bar
  • Crown Molding
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537026012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,052

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537026012
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2565.00
  • Interior Amenities: Bar, Crown Molding, Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 505.26
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Office

Exterior Features

  • View: Canyon, Hills, Valley
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Corners Marked, Front Yard, Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 8054.00
  • Lot Size Acres: 0.1850

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8054.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 7143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Elkin Matthew A and Elkin Heather L
Bought by
Elkin Matthew A and Elkin Heather L
Current Estimated Value
$2,750,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$560,424
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$2,189,815

Purchase Details

Closed on
Feb 13, 2019
Sold by
Elkin Matthew A and Elkin Heather L
Bought by
Elkin Matthew A and Elkin Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2016
Sold by
Elkin Matthew A
Bought by
Elkin Matthew A and Elkin Heather L

Purchase Details

Listed on
Jan 13, 2014
Closed on
Jan 29, 2014
Sold by
Murdock John W
Bought by
Elkin Matthew A and Elkin Heather L
Seller's Agent
Dana Graham
Berkshire Hathaway HomeService
Buyer's Agent
Maggie Ding
Compass
List Price
$1,295,000
Sold Price
$1,296,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$417,000
Interest Rate
4.47%
Mortgage Type
New Conventional
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
Elkin Matthew A -- North American Title Company
Elkin Matthew A -- North American Title Company
Elkin Heather L -- North American Title Company
Elkin Matthew A -- None Available
Elkin Matthew A $1,296,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkin Matthew A $640,000
Closed Elkin Heather L $640,000
Closed Elkin Matthew A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $1,296,000 +0.1% $505 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $1,295,000 -- $505 / 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 $21,052 $1,799,990 $1,270,971 $529,019
2024 $21,052 $1,764,697 $1,246,050 $518,647
2023 $18,471 $1,532,673 $1,221,618 $311,055
2022 $17,573 $1,502,621 $1,197,665 $304,956
2021 $17,514 $1,473,159 $1,174,182 $298,977
2020 $17,281 $1,458,055 $1,162,143 $295,912
2019 $16,779 $1,429,466 $1,139,356 $290,110
2018 $16,668 $1,401,438 $1,117,016 $284,422
2016 $15,764 $1,342,051 $1,073,642 $268,409
2015 $15,594 $1,321,893 $1,057,515 $264,378
2014 $6,149 $437,429 $274,890 $162,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14008013

California Regional Multiple Listing Service (CRMLS)

APN: 7537-026-012