$2,220,000
SOLD MAR 17, 2021

940 Via Del Monte Palos Verdes Estates, CA 90274

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

Recently Sold

$1,016 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

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

About This Home

As of March 2021

Panoramic Ocean View at its best. A completely remodeled "Zen" house which was designed by Frank Lloyd Wright Taliesin Fellow James E. De Long. This mid century modern home is capturing the serenity of Santa Monica Bay at day time and the "Queen Neckless" ocean and city lights views at night. It has been fully renovated back to its original glory. Breathtaking views are experienced from all the rooms and nearly every area on the property. The home is embedded with Mahogany natural wood throughout which ads tranquility to its private and peaceful location.
4 bedrooms (2 large master bedroom suites), 4 baths with open floor plan. New kitchen with new stainless steel appliances and beautiful remodeled contemporary high end bathrooms. Newer roof, New flooring, New tankless water heater, New garage door, New windows, doors, and copper plumbing. Move in condition. The home embraces a nearly 10,000 square ft manicured landscape which is private and open. Great for entertaining or just a family relaxation. It is truly a piece of art. Must see!

Last Agent to Sell the Property

Crystal Chen

Crystal Real Estate License #01428445 Listed on: 02/22/2021

Last Buyer's Agent

Crystal Chen

Crystal Real Estate License #01428445 Listed on: 02/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,092

Year Built

  • Built in 1961

Lot Details

  • 9,428 Sq Ft Lot
  • Sprinkler System
  • Back and Front Yard

Parking

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

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Custom Home
  • Contemporary 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
  • Gas Oven
  • <<selfCleaningOvenToken>>
  • Six Burner Stove
  • <<builtInRangeToken>>
  • <<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
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Sewer Paid

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,092

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • 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
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1016.48
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Two Masters
  • Window Features: Atrium, Double Pane Windows

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Roof: Clay
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Door Opener, Oversized
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 9428.00
  • Lot Size Acres: 0.2164

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9428.0000 Square Feet
  • Number Of Units Total: 1

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
$2,861,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,525
Avg. Annual Appreciation
5.69%
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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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 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
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: WS21037320

California Regional Multiple Listing Service (CRMLS)

APN: 7545-004-012