$2,088,000
SOLD FEB 17, 2017

940 Via Del Monte Palos Verdes Estates, CA 90274

4 Beds
3.5 Baths
2,184 Sq Ft
9,428 Sq Ft Lot

Recently Sold

$956 Per Sq Ft

3% Below List Price

97 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Deck
  • Montemalaga Elementary School Rated A+
  • Custom Home
  • Wood Flooring

About This Home

As of March 2021

Mid Century Modern Home designed by Renowned Frank Lloyd Wright Taliesin Fellow James E. De Long in 1960. This home has been fully renovated
back to its original glory. Panoramic Ocean and City Lights on the private and quiet side of the street. The nearly 10,000 square
ft. flat lot has serene privacy and offers breathtaking views from nearly every area on the property.
The Mahogany detail throughout the home is absolutely stunning! New stainless appliances, fully renovated high end bathrooms and an open floorpan
with a kitchen that a chef will adore. Queens necklace views. You can see Rat beach all the way to point Dume. Downtown City lights, amazing sunsets and panoramic views from nearly every room in the home. This open floor plan was way ahead of it's time.... 2 large master bedroom suites, indoor and outdoor living at it's finest. This home is better than new with a new 200 Amp electrical sub panel, new roof, new flooring, new tankless hot water heater, new heater, new garage door, many new windows and doors,copper plumbing throughout. This home is truly a piece of art.

Last Agent to Sell the Property

Tad Thormodsgaard

Palm Realty Boutique, Inc. License #01471775 Listed on: 10/02/2016

Palm Realty Boutique, Inc.

Last Buyer's Agent

Michelle Ren

Michelle Ling Ren License #01939043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,092

Year Built

  • Built in 1961

Lot Details

  • 9,428 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Back Yard

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Custom Home
  • Contemporary Architecture
  • Traditional Architecture
  • Modern Architecture
  • Turnkey
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,184 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Atrium Windows
  • Entryway
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Schools

  • Monte Malaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Sewer Paid

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7545004012

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,092

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310 308-9772
  • Other Phone Number: 310 308-9772
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Modern, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7545004012
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2184.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Full
  • Entry Location: Top Level
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 956.04
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bedroom, Master Suite, Two Masters
  • Window Features: Atrium, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Clay
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage Door Opener, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Electric Oven, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Central, Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Monte Malaga
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Monte Malaga
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: MONMAL
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9428.00

Multi Family

  • Lease Considered: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Jan 25, 2021
Sold by
Xiao Wuhu
Bought by
Lalehzarian David
Seller's Agent
Crystal Chen
Crystal Real Estate
Buyer's Agent
Crystal Chen
Crystal Real Estate
List Price
$2,280,000
Sold Price
$2,220,000
Premium/Discount to List
-$60,000
-2.63%
Current Estimated Value
$2,934,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,331
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,540,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2016
Closed on
Feb 13, 2017
Sold by
Golden Rule Investment Group Llc
Bought by
Xiao Wuhu
Seller's Agent
Tad Thormodsgaard
Palm Realty Boutique, Inc.
Buyer's Agent
Michelle Ren
Michelle Ling Ren
List Price
$2,149,000
Sold Price
$2,088,000
Premium/Discount to List
-$61,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$1,357,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2015
Sold by
Ashby Marilyn
Bought by
Golden Rule Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,400
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1993
Sold by
Ashby James P
Bought by
Ashby James P and Ashby Elizabeth E
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,200,000 Chicago Title Company
Grant Deed $2,088,000 Usa National Title Co
Grant Deed $1,518,000 Usa National Title Co
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,540,000 New Conventional
Previous Owner $1,357,000 Adjustable Rate Mortgage/ARM
Previous Owner $911,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $2,220,000 -2.6% $1,016 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $2,280,000 +9.2% $1,044 / Sq Ft
02/17/2017 02/17/17 Sold $2,088,000 -2.8% $956 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
11/28/2016 11/28/16 Price Changed $2,149,000 0.0% $984 / Sq Ft
11/28/2016 11/28/16 For Sale $2,149,000 +2.9% $984 / Sq Ft
11/20/2016 11/20/16 Off Market $2,088,000 -- --
10/02/2016 10/02/16 For Sale $2,275,000 0.0% $1,042 / Sq Ft
01/12/2016 01/12/16 Rented $6,800 0.0% --
01/06/2016 01/06/16 For Rent $6,800 -- --
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 $27,092 $2,381,349 $1,905,080 $476,269
2024 $27,092 $2,334,657 $1,867,726 $466,931
2023 $26,632 $2,288,880 $1,831,104 $457,776
2022 $25,305 $2,244,000 $1,795,200 $448,800
2021 $25,723 $2,238,756 $1,753,371 $485,385
2020 $25,378 $2,215,801 $1,735,393 $480,408
2019 $24,620 $2,172,355 $1,701,366 $470,989
2018 $24,466 $2,129,760 $1,668,006 $461,754
2017 $17,664 $1,571,970 $1,257,577 $314,393
2016 $17,871 $1,541,148 $1,232,919 $308,229
2015 $3,465 $198,651 $105,445 $93,206
2014 $3,422 $194,761 $103,380 $91,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16716234

California Regional Multiple Listing Service (CRMLS)

APN: 7545-004-012