See Home Value
$2,138,000 - $2,612,000
House - Off Market

2037 Palos Verdes Drive W

Palos Verdes Estates, CA 90274
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2499 Sqft
Sold Jan 29, 2024
$2,300,000
$1,760,000 by U.s. Bank National Association
Mortgage Due Feb 01, 2054
Sold Nov 22, 2022
$1,775,000
$1,500,000 by Schoolsfirst Federal Credit Un
Mortgage Due Dec 01, 2052

About This Property

Situated in the heart of the picturesque Lunada Bay neighborhood in Palos Verdes Estates, this enchanting Cape Cod Cottage by the Sea is a refurbished gem. Tastefully modernized while retaining its original 1948 charm, this turnkey property provides the perfect blend of traditional and contemporary. Upon entering the home, you'll be greeted by a semi open floor plan that maintains the true character of the original 1948 build. The living and dining room located in the rear of the home feature floor-to-ceiling windows, providing panoramic ocean views. The main level of the home includes one bedroom, one bathroom, and an office. Throughout the house, you'll find new vinyl wood floors, a new staircase with an elegant iron railing, and other updates that enhance the overall appeal of the property. Upstairs, there are three newly designed bedrooms and a thoughtfully planned layout. The master bedroom boasts two walk-in closets and a master bathroom with double sinks, quartz countertops, and a large rain shower with mosaic tile floors. From the master bedroom, you can step onto the newly reconstructed deck, further enjoying the ocean views. The kitchen has been adorned with quartz countertops, new cabinetry, and appliances. The large window above the sink offers incredible ocean views, making meal preparation a delightful experience. Situated on a spacious 9,296 sqft lot, this 2,499 sqft home provides ample outdoor space for relaxation and entertainment. Overall, the remodeled design offers a beautiful living environment with modern upgrades while preserving the home's original charm. This vibrant home is a testament to the harmonious balance of preservation and innovation. With its prime location, stunning ocean views, and thoughtfully designed interiors, the Cape Cod Cottage by the Sea is a rare treasure in Palos Verdes Estates. This property is more than just a house; it's a sanctuary by the sea, a home that promises tranquility, comfort, and unforgettable memories.

The manager has listed the unit size as 2499 square feet.
Unit Size
2,499Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$950
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Feb 1, 2024 No longer available -
No longer available
Jan 29, 2024 Sold to Christopher Whitman Hammond... $2,300,000
Sold to Christopher Whitman Hammond...
Oct 21, 2023 In contract -
In contract
Oct 1, 2023 Price Decreased $2,375,000
↓ $50K (2.1%)
Price Decreased
Sep 17, 2023 Relisted $2,425,000
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,296
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,499
  • Building Area: 2,499
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,499
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7331
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7331 LOT/SEC 10 BLK/DIV/TWN1290

Ownership

  • Current Owner : HAMMOND CHRISTOPHER WHITMAN
  • Current Owner 2: HAMMOND JANEL SCHEPMAN
  • Previous Owner : MCBURNEY FAMILY TRUST
  • Owner Before Previous Owner: MCGREW TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670328

Zoning

  • Zoning: PVR1*

Geography

  • Assessors Map Reference: 72-A4
  • Subdivision Tract Number: 7331
  • Parcel: 7542-002-011
  • Block: 1290
  • Lot: 10
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7782
  • Longitude: -118.417

    Address

  • Full Address: 2037 Palos Verdes Dr W
  • Address - House Number: 2037
  • Street Segment Direction: W
  • Address - Street Name: Palos Verdes
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C014
  • 4-Digit Zip Code: 2703
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,523
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 96
  • Final Value: 2,317,332
  • High Value: 2,474,359
  • Low Value: 2,160,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,760,000
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jan 29, 2024
  • First Open Lien Mortgage Loan Amount: $1,760,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,775,000
  • Assessed Land Value: $1,300,000
  • Assessed Improvements Value: $475,000

    Sales

  • Current Sale Contract Date: Oct 23, 2023
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Transaction ID: 11919745335
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 62067
  • Previous Sale Recording Date: Nov 22, 2022
  • Previous Sale Contract Date: Nov 01, 2022
  • Previous Sale Amount: $1,775,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jan 29, 2024
  • First Mortgage Loan Amount: $1,760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SCHOOLSFIRST FEDERAL CREDIT UN
  • Previous Mortgage Transaction Date: Nov 22, 2022
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,707 ft²
$924/ft²
$2,500,000 Jan 3, 2023
-
-
House
3 Beds
3 Baths
2,293 ft²
$1,014/ft²
$2,325,000 Oct 13, 2023
-
-
House
3 Beds
2.5 Baths
1,876 ft²
$1,066/ft²
$2,000,000 Jul 13, 2023
-
-

About Palos Verdes Estates


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Frequently Asked Questions

When was property at 2037 Palos Verdes Drive West built and last sold?
The property at 2037 Palos Verdes Drive West was built in 1948 and last sold on Oct 23, 2023 for $2,300,000.
How much is this home worth?
The estimated value of the home located at 2037 Palos Verdes Drive West is $2,465,179.
What are some comparable homes to 2037 Palos Verdes Drive West?
Homes that are comparable to 2037 Palos Verdes Drive West include a house property at 22 Margate Square, 64 Margate Square, 705 Yarmouth Road.

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