Seller's Agent in 2023
Chris Adlam
Vista Sotheby's International Realty
(310) 421-2606
112 in this area
227 Total Sales
1600 Margate Rd Palos Verdes Estates, CA 90274
Estimated Value: $4,155,341 - $4,348,000
4
Beds
3
Baths
3,072
Sq Ft
$1,384/Sq Ft
Est. Value
Highlights
- Ocean View
- Custom Home
- No HOA
- Lunada Bay Elementary School Rated A+
- Corner Lot
- Hiking Trails
About This Home
As of May 2023Quintessential Lunada Bay! Where else can you find an 18,000+ square foot, FLAT lot a block from the ocean? With approximately 160 feet of “frontage”, the curb appeal is the first thing to capture your attention. A sprawling, one-level home awaits. The charming living room is directly to your left. With a vaulted ceiling, bay window, ocean view and an inviting brick fireplace, what more could you want! How about a large formal dining room, a cozy kitchen, a separate family room with its own fireplace and a private office or potential 4th bedroom. The other side of the house holds the bedroom wing which includes 3 spacious bedrooms and two bathrooms. The magic however lies in the land. The enormous backyard is like a blank canvas just waiting for someone to create their outdoor nirvana! This could be the one you’ve been waiting for...
Last Agent to Sell the Property
Vista Sotheby's International Realty License #00967574 Listed on: 04/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,355
Year Built
- Built in 1960
Lot Details
- 0.42 Acre Lot
- Corner Lot
- Property is zoned PVR1*
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- City Lights
Home Design
- Custom Home
Interior Spaces
- 3,072 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Carpet
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Additional Features
- Concrete Porch or Patio
- Suburban Location
- Central Heating
Listing and Financial Details
- Legal Lot and Block 16 / 1273
- Tax Tract Number 6781
- Assessor Parcel Number 7541008016
Community Details
Overview
- No Home Owners Association
Recreation
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2023
Closed on
Apr 24, 2023
Sold by
Day Norma L
Bought by
Bredesen Christopher and Bredesen Melissa
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
Jason Sikola
Estate Properties
List Price
$3,999,000
Sold Price
$4,106,700
Premium/Discount to List
$107,700
2.69%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,885
Avg. Annual Appreciation
3.27%
Original Mortgage
$1,000,000
Outstanding Balance
$972,718
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$3,453,331
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bredesen Christopher | $4,107,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bredesen Christopher | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2023 05/22/23 | Sold | $4,106,700 | +2.7% | $1,337 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 04/06/2023 04/06/23 | For Sale | $3,999,000 | -- | $1,302 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $47,355 | $4,272,610 | $3,418,130 | $854,480 |
| 2024 | $47,355 | $4,188,834 | $3,351,108 | $837,726 |
| 2023 | $4,869 | $267,809 | $90,225 | $177,584 |
| 2022 | $4,696 | $262,558 | $88,456 | $174,102 |
| 2021 | $4,709 | $257,411 | $86,722 | $170,689 |
| 2020 | $4,655 | $254,772 | $85,833 | $168,939 |
| 2019 | $4,562 | $249,777 | $84,150 | $165,627 |
| 2018 | $4,411 | $244,880 | $82,500 | $162,380 |
| 2016 | $4,149 | $235,374 | $79,298 | $156,076 |
| 2015 | $4,094 | $231,839 | $78,107 | $153,732 |
| 2014 | $4,046 | $227,298 | $76,577 | $150,721 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Adlam
-
Jason Sikola
Buyer's Agent in 2023
Jason Sikola
RE/MAX
(310) 941-7246
6 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV23057379
APN: 7541-008-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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