$1,775,000
SOLD APR 16, 2021

15 Margate Square Palos Verdes Estates, CA 90274

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

Recently Sold

$1,089 Per Sq Ft

9% Above List Price

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Trees or Woods
  • Wood Flooring
  • Lunada Bay Elementary School Rated A+
  • Midcentury Modern Architecture
  • Main Floor Bedroom

About This Home

As of April 2021

Escape the craziness! This is a must see, one of a kind mid-century modern home located on a cul-de-sac in much desired Lower Lunada Bay. With a Canary Island pine grove in front, Japanese rock garden in back, and an infusion of Asian finishes, this home packs a massive dose of Zen! A winding brick walkway leads to the beautiful entry. Large windows and sliding doors bring the natural beauty and tranquility inside. Hand-crafted wood paneled walls, ceilings, and custom woodworking create a warm, calming atmosphere. The large living room boasts a beautiful brick fireplace with floating hearth, custom light fixture, open wood ceiling and pine grove view. The family room opens to a wooden deck with a pergola overlooking the Japanese garden. The kitchen has teak cabinets, black granite countertops, all new stainless appliances (except refrigerator) including combo microwave/oven, range top and hood. Beautiful master suite, master bath with Toto bidet toilet. All bedrooms have custom designed closets, middle bedroom has custom shoji window screens and sliding closet doors. Authentic Japanese plaster in entry, hall & bathrooms. Outstanding Condition! Bathrooms are completely remodeled, new flooring throughout, new windows & doors, new furnace, new A/C & ducting, new outlets & switches, gated carport, new front door and tile in the entry, new dimmable LED hall & pergola lights. Close to Award Winning Palos Verdes schools, Blufftop Trail and the breath-taking Lunada Bay coastline.

Last Agent to Sell the Property

Michael Dunitz

Beach City Brokers License #00771510 Listed on: 02/13/2021

Beach City Brokers

Last Buyer's Agent

Darin DeRenzis

Vista Sotheby’s International Realty License #01760239

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,758

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 4,977 Sq Ft Lot
  • Cul-De-Sac
  • Garden
  • Property is zoned PVR1*

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Carport
  • Parking Available

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Flat Tile Roof

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Raised Hearth
  • Window Screens
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Home Office
  • Views of Woods
  • Home Security System
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 27 / 1277
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541012026

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,758

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • 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
  • Interior Amenities: Beamed Ceilings, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1088.96
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room
  • Window Features: Screens
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

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: Biking, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Garden
  • Lot Size Sq Ft: 4977.00
  • Lot Size Acres: 0.1143

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4977.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1277
  • Tax Census Tract: 6703.26
  • Tax Lot: 27
  • 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
4.15%
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
5.53%
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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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
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: SB21026966

California Regional Multiple Listing Service (CRMLS)

APN: 7541-012-026