NOT LISTED FOR SALE

6040 Groveoak Place Rancho Palos Verdes, CA 90275

Estimated Value: $1,832,000 - $2,224,000

4 Beds
2 Baths
2,040 Sq Ft
$977/Sq Ft Est. Value

About This Home

This home is located at 6040 Groveoak Place, Rancho Palos Verdes, CA 90275 and is currently estimated at $1,992,800, approximately $976 per square foot. 6040 Groveoak Place is a home located in Los Angeles County with nearby schools including Montemalaga Elementary School, Palos Verdes Intermediate School, and Palos Verdes Peninsula High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Patay Family Trust and Patay Christopher H
Bought by
Patay Christopher H and Patay Jessica K
Current Estimated Value
$1,992,800

Purchase Details

Closed on
Jun 3, 2010
Sold by
Patay Christopher H and Patay Jessica K
Bought by
Patay Christopher H and Patay Jessica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Patay Christopher H and Patay Jessica K
Bought by
Patay Christopher H and Patay Jessica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2006
Sold by
Patay Christopher H and Patay Jessica K
Bought by
Patay Christopher H and Patay Jessica K

Purchase Details

Closed on
Oct 1, 2002
Sold by
Lipin Joel and Lipin Dana
Bought by
Patay Christopher and Patay Jessica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Honig Mark I
Bought by
Lipin Joel and Lipin Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
7.58%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Patay Christopher H -- None Listed On Document
Patay Christopher H -- None Available
Patay Christopher H -- Lawyers Title
Patay Christopher H -- None Available
Patay Christopher $665,000 Equity Title Company
Lipin Joel $413,500 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patay Family Trust $1,655,000
Previous Owner Patay Christopher H $1,000,000
Previous Owner Patay Christopher H $210,000
Previous Owner Patay Christopher H $612,000
Previous Owner Patay Christopher H $616,700
Previous Owner Patay Christopher H $618,000
Previous Owner Patay Christopher H $625,000
Previous Owner Patay Christopher H $227,000
Previous Owner Patay Christopher H $280,000
Previous Owner Patay Christopher N $532,000
Previous Owner Patay Christopher $532,000
Previous Owner Lipin Joel $50,000
Previous Owner Lipin Joel $420,000
Previous Owner Lipin Joel $420,750
Previous Owner Lipin Joel $82,700
Previous Owner Lipin Joel $41,300
Previous Owner Lipin Joel $330,800
Closed Patay Christopher $66,500
Source: Public Records

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 $11,897 $1,019,247 $770,504 $248,743
2024 $11,897 $999,263 $755,397 $243,866
2023 $11,633 $979,671 $740,586 $239,085
2022 $11,054 $960,463 $726,065 $234,398
2021 $11,063 $941,631 $711,829 $229,802
2019 $10,584 $913,704 $690,717 $222,987
2018 $10,457 $895,789 $677,174 $218,615
2016 $9,927 $861,007 $650,880 $210,127
2015 $9,671 $824,725 $641,104 $183,621
2014 $9,278 $785,678 $628,546 $157,132
Source: Public Records

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