NOT LISTED FOR SALE

Estimated Value: $2,329,155 - $2,565,000

5 Beds
2 Baths
2,454 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $1,560,000 $636 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $15,481/month

385 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • City Lights View
  • Silver Spur Elementary School Rated A+
  • Custom Home
  • Updated Kitchen

About This Home

As of July 2019

Diamond in the rough property in sought after Valmonte section of Palos Verdes Estates on large flat lot. Bring your crew and fix this awesome property.
Beautiful home features large custom kitchen with antique leaded glass cabinet doors, lots of re-purposed wood, marble counters, large pantry with lots of storage, center island and breakfast nook. Expansive home features 5 bedrooms, 2-1/2 baths, 1 bedroom plus master bedroom upstairs with balcony overlooking the gardens, lots of windows with city lights view, and walk-in closet. Master bath has custom antique cabinetry with leaded glass, stained glass window, spa tub, shower, & heated floors. Workshop attached to garage may not be permitted. Lower level has 3 bedrooms, dining room, living room, & large entry. Lower bath is remodeled with marble shower, custom cabinets & stained glass window. Lots of windows throughout this one of kind home make this home light & bright. Hard wood, Saltillo Tile and marble flooring throughout. Mature trees and beautiful gardens surround the property. Great area located in the award winning Palos Verdes School District. Make this diamond sparkle!

Last Agent to Sell the Property

Jacqueline Ann Collins

Millennium Real Estate Service License #01275204 Listed on: 05/23/2018

Last Buyer's Agent

Sheila-Anne Teisher

Estate Properties License #00999624

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,080

Year Built

  • Built in 1937

Lot Details

  • 10,807 Sq Ft Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Custom Home
  • Wood Product Walls

Interior Spaces

  • 2,454 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Storage
  • Wood Flooring
  • City Lights Views
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Fire Pit

Schools

  • Palos Verdes Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537017007

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,080

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Terracotta pots on front porch.
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537017007
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2454.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Crown Molding, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Storage, Unfurnished, Wainscoting, Wood Product Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 635.70
  • Room Type: Attic, Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Horse Trails, Preserve/Public Land, Stable(s), Storm Drains

Schools

  • School District: Palos Verdes Peninsula Unified
  • Middle School: Palos Verdes
  • High School: Palos Verdes Peninsula
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Palos Verdes
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10807.00
  • Lot Size Acres: 0.2481

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10807.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.24
  • Tax Lot: 6
  • Tax Tract Number: 7143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 9, 2019
Sold by
Scully Brandyn and Steen Olsen Erin
Bought by
Yau Bobby Tian Shou and Yau Lisa Yangsun
Seller's Agent
Jacqueline Ann Collins
Millennium Real Estate Service
Buyer's Agent
Sheila-Anne Teisher
Estate Properties
List Price
$2,268,000
Sold Price
$1,560,000
Premium/Discount to List
-$708,000
-31.22%
Total Days on Market
385
Current Estimated Value
$2,469,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,289
Avg. Annual Appreciation
8.08%
Original Mortgage
$1,248,000
Outstanding Balance
$1,089,670
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,379,619

Purchase Details

Closed on
Jan 29, 2003
Sold by
Scully Richard M and Scully Sue
Bought by
Scully Richard M and Scully Sue Meyers
Source: Public Records

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Range of Values:

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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
Yau Bobby Tian Shou $1,560,000 Progressive Title Co Inc
Scully Richard M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yau Bobby Tian Shou $1,248,000
Previous Owner Scully Richard M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $1,560,000 -3.1% $636 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $1,610,000 -5.0% $656 / Sq Ft
04/25/2019 04/25/19 Price Changed $1,695,000 -2.3% $691 / Sq Ft
02/28/2019 02/28/19 Price Changed $1,735,000 -2.3% $707 / Sq Ft
10/22/2018 10/22/18 Price Changed $1,775,000 -5.3% $723 / Sq Ft
07/17/2018 07/17/18 Price Changed $1,875,000 -6.3% $764 / Sq Ft
06/20/2018 06/20/18 Price Changed $2,000,000 -11.8% $815 / Sq Ft
05/23/2018 05/23/18 For Sale $2,268,000 -- $924 / 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
2024 $20,080 $1,672,631 $1,338,106 $334,525
2023 $19,714 $1,639,835 $1,311,869 $327,966
2022 $18,753 $1,607,683 $1,286,147 $321,536
2021 $18,694 $1,576,161 $1,260,929 $315,232
2020 $18,446 $1,560,000 $1,248,000 $312,000
2019 $13,722 $145,219 $79,536 $65,683
2018 $3,161 $142,373 $77,977 $64,396
2016 $2,965 $136,847 $74,950 $61,897
2015 $2,920 $134,793 $73,825 $60,968
2014 $2,884 $132,153 $72,379 $59,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18120222

California Regional Multiple Listing Service (CRMLS)

APN: 7537-017-007