$1,450,000
SOLD AUG 8, 2018

15 Margate Square Palos Verdes Estates, CA 90274

3 Beds
2 Baths
1,630 Sq Ft
4,977 Sq Ft Lot

Recently Sold

$890 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • 2 Car Attached Garage
  • Lunada Bay Elementary School Rated A+
  • Cul-De-Sac
  • Laundry Room

About This Home

As of April 2021

Contemporary Architectural Jewel in Lunada Bay!
Located in the coveted lower Lunada Bay area, this mid-century modern home west of Palos Verdes Drive West is reminiscent of the contemporary designed homes of the late great architect, Frank Lloyd Wright. You will appreciate the warm tones of the hand-crafted custom teak walls, ceiling, built-in teak shelves and entertainment center. This home has three bedrooms, two baths plus a family room within the 1630 square feet structure. The bedrooms have Asian-inspired custom closet doors. The large windows provide ample lighting which takes full advantage of all the beautiful trees that surround the property. The understated simplicity and an integration with nature provide a zen-like environment both within and outside of the home. The living room boasts a large brick fireplace. The kitchen has custom teak cabinets, black Absolute granite countertops and a window which slides open to serve food to guests on the redwood deck. Relax, meditate, or contemplate in the surroundings of Bonzai trees, Japanese rock garden, and beautiful plants. This one of a kind home has a two-car garage with plenty of built-in cabinets and shelves for storage and it is located in a lovely neighborhood on a cul-de-sac street. The owners of this home have lovingly bestowed just the right touches to make this a classic home with low maintenance.

Last Agent to Sell the Property

Susan Leighton

Beach City Brokers License #01029975 Listed on: 06/18/2018

Beach City Brokers

Last Buyer's Agent

Michael Dunitz

Beach City Brokers License #00771510

Beach City Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,758

Year Built

  • Built in 1962

Lot Details

  • 4,977 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Garden
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7112
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541012026

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,758

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541012026
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1630.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 889.57
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Sprinkler System
  • Lot Size Sq Ft: 4977.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 7112
  • Tax Tract Number: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Unknown
Bought by
Jonathan Starr Living Trust
Current Estimated Value
$2,157,850

Purchase Details

Closed on
Jul 6, 2022
Sold by
Windsor Starr Tracey L
Bought by
Starr Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2022
Sold by
Lucerne Trust
Bought by
Starr Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 31, 2021
Sold by
Nagao Wayne K
Bought by
Starr Jonathan and Starr Tracey L
Seller's Agent
Michael Dunitz
Beach City Brokers
Buyer's Agent
Darin DeRenzis
Vista Sotheby’s International Realty
List Price
$1,625,000
Sold Price
$1,775,000
Premium/Discount to List
$150,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$1,000,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2019
Sold by
Nagao Wayne K
Bought by
Nagao Wayne K

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jun 27, 2018
Sold by
Fowler Shirley C
Bought by
Nagao Wayne K
Seller's Agent
Susan Leighton
Beach City Brokers
Buyer's Agent
Michael Dunitz
Beach City Brokers
List Price
$1,389,000
Sold Price
$1,450,000
Premium/Discount to List
$61,000
4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2016
Sold by
Meine Marla K
Bought by
Gutierrez Felix

Purchase Details

Closed on
Jan 17, 1994
Sold by
Fowler Clarence E and Fowler Shirley C
Bought by
Fowler Clarence 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
Deed -- --
Quit Claim Deed -- Usa National Title
Gift Deed -- Usa National Title
Grant Deed $1,775,000 Usa National Title Company
Grant Deed $1,775,000 Usa National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,450,000 Consumers Title Company
Quit Claim Deed -- None Available
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $998,000 New Conventional
Previous Owner $998,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $1,775,000 +9.2% $1,089 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $1,625,000 +12.1% $997 / Sq Ft
08/08/2018 08/08/18 Sold $1,450,000 +4.4% $890 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $1,389,000 -- $852 / 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
2025 $21,758 $1,903,932 $1,508,580 $395,352
2024 $21,758 $1,866,600 $1,479,000 $387,600
2023 $21,367 $1,830,000 $1,450,000 $380,000
2022 $20,477 $1,810,500 $1,448,400 $362,100
2021 $17,480 $1,494,321 $1,195,457 $298,864
2020 $17,245 $1,479,000 $1,183,200 $295,800
2019 $16,737 $1,450,000 $1,160,000 $290,000
2018 $2,437 $140,219 $73,881 $66,338
2017 $1,736 $137,471 $72,433 $65,038
2016 $2,303 $134,776 $71,013 $63,763
2015 $2,665 $132,753 $69,947 $62,806
2014 $2,244 $130,153 $68,577 $61,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18120840

California Regional Multiple Listing Service (CRMLS)

APN: 7541-012-026