NOT LISTED FOR SALE

Estimated Value: $2,345,000 - $2,492,000

4 Beds
2 Baths
1,840 Sq Ft
$1,315/Sq Ft Est. Value

Last Sold October 06, 2016

Last sale price $1,500,000 $815 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $15,410/month

6 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Main Floor Bedroom
  • Silver Spur Elementary School Rated A+
  • Wood Flooring
  • Attic

About This Home

As of October 2016

This charming traditional Valmonte home is just what you have been looking for. Located on a quiet street, the home boasts 4 bedrooms and 2 baths. Views from every window bring the outdoors inside, along with lots of natural light. Entering the front door, hardwood floors flow from living room, dining, to kitchen. A hallway leads to a nicely updated full bath and 2 bedrooms. City lights can be seen in the distance, along with an expansive canyon below, surrounding the property with greenery. Downstairs are two more bedrooms, a bath and laundry. Large area behind the master bedroom that could possibly be enclosed for extra square footage. Step outside to the rear yard and find a beautiful expansive green space. Your neighbors seem far away, and you have your own piece of serenity. The pathway at the end of the property takes you to the Valmonte Trail. Fruit bearing apple, green plum, nectarine, and orange trees are in the yard. You will not want to leave!

Last Agent to Sell the Property

Ginni Lee

Estate Properties License #01459544 Listed on: 07/26/2016

Estate Properties

Last Buyer's Agent

Tricia Rapaport

Estate Properties License #01339473

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,907

Year Built

  • Built in 1956

Lot Details

  • 9,436 Sq Ft Lot
  • Wood Fence
  • Fence is in excellent condition
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Woods
  • Canyon
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Shake Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,840 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Wood Frame Window
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Storage
  • Attic
  • Basement

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Satellite Dish

Community Details

  • Property has a Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7143
  • Assessor Parcel Number 7537016014

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,907

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7537016014
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1840.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Recessed Lighting, Storage, Tile Counters
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 815.22
  • Room Type: Attic, Basement, Entry, Living Room, Main Floor Bedroom, Walk-In Pantry
  • Window Features: Blinds, Bay Window(s), Drapes, Wood Frames

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Satellite Dish
  • View: City Lights, Canyon, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wood, Excellent Condition
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Range Hood, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains, Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinkler System, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 9436.00
  • Price Per Lot Square Foot: 161.62

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 7143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 27, 2016
Sold by
Cox Jennifer Marla
Bought by
Cox Daniel Joseph
Seller's Agent
Ginni Lee
Estate Properties
Buyer's Agent
Tricia Rapaport
Estate Properties
List Price
$1,525,000
Sold Price
$1,500,000
Premium/Discount to List
-$25,000
-1.64%
Total Days on Market
6
Current Estimated Value
$2,419,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,851
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Jun 7, 2016
Sold by
Sipes Edward
Bought by
Cox Daniel Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,300
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2013
Sold by
Sipes Edward E
Bought by
Sipes Edward and Sipes Margaret

Purchase Details

Closed on
Sep 12, 2002
Sold by
Lawrence Betty Jane
Bought by
Sipes Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2001
Sold by
Lawrence Betty Jane Wimberly
Bought by
Lawrence Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
Cox Daniel Joseph -- Progressive Title
Cox Daniel Joseph $1,500,000 Progressive Title
Sipes Edward -- None Available
Sipes Edward E $775,000 --
Lawrence Betty Jane -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Daniel Joseph $1,485,000
Closed Cox Daniel Joseph $335,000
Closed Cox Daniel Joseph $84,000
Closed Cox Daniel Joseph $1,176,000
Previous Owner Sipes Edward $498,300
Previous Owner Cox Daniel Joseph $1,275,000
Previous Owner Sipes Edward $355,000
Previous Owner Sipes Edward $685,000
Previous Owner Sipes Edward $703,000
Previous Owner Sipes Edward E $1,444,000
Previous Owner Sipes Edward E $75,000
Previous Owner Sipes Edward E $244,000
Previous Owner Sipes Edward E $625,000
Previous Owner Sipes Edward E $620,000
Previous Owner Lawrence Betty Jane $180,000
Closed Sipes Edward E $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $1,500,000 -1.6% $815 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $1,525,000 -- $829 / 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 $21,907 $1,860,759 $1,365,392 $495,367
2023 $19,836 $1,673,274 $1,338,620 $334,654
2022 $18,859 $1,640,466 $1,312,373 $328,093
2021 $18,803 $1,608,301 $1,286,641 $321,660
2020 $18,551 $1,591,811 $1,273,449 $318,362
2019 $18,003 $1,560,600 $1,248,480 $312,120
2018 $17,892 $1,530,000 $1,224,000 $306,000
2016 $11,439 $948,177 $758,546 $189,631
2015 $11,313 $933,935 $747,152 $186,783
2014 $11,147 $915,642 $732,517 $183,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16162858

California Regional Multiple Listing Service (CRMLS)

APN: 7537-016-014