NOT LISTED FOR SALE

1640 Via Machado Palos Verdes Estates, CA 90274

Estimated Value: $1,814,000 - $1,935,000

3 Beds
2 Baths
1,342 Sq Ft
$1,390/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $1,185,000 $883 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,537/month

14 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Lunada Bay Elementary School Rated A+
  • Sun or Florida Room
  • 2-minute walk to Rico Place Park

About This Home

As of May 2018

This is one of those homes that just makes you feel good. Light and bright—and everywhere you turn there’s another space to stop and enjoy life for a bit. It’s a peaceful haven in Espinosa Circle – a very special neighborhood in beautiful Palos Verdes Estates. Here, regal peacocks roam the streets, hawks circle gracefully above and a whole host of songbirds thrill backyard bird watchers. Bring a chair and enjoy a picnic at Rico Pl Park, just down the street—or take in the spectacular sunsets. Flat streets make this a great neighborhood to take a stroll alone or with friends.
This one-story, 3-bedroom, 2-bath home features solid hardwood floors and a welcoming living room with wood-burning fireplace, and a large picture window to take in the ocean views and gorgeous sunsets in the distance. A spacious formal dining room is also graced with a picture window and hardwood floors. Relax in the family room with brick floor and French doors opening to the sunlit patio. A bright, enclosed sunroom is the perfect spot to prep for your book club, which you might well host in one of the patio areas off the living and family rooms. 3 Solatube skylights add even more natural light that sparkles off decorative leaded glass windows, and recent upgrades give the home a fresh modern feel. You’ll have a good feeling about this home from the moment you step inside. Tax rolls show 1,342 sf plus family room & sun room

Last Agent to Sell the Property

Patricia Hedstrom

Estate Properties License #00796720 Listed on: 04/16/2018

Estate Properties

Last Buyer's Agent

Anne Celestin

Estate Properties License #01948106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,921

Year Built

  • Built in 1955

Lot Details

  • 5,738 Sq Ft Lot
  • Level Lot
  • No Sprinklers
  • Back Yard
  • Property is zoned PVR1*

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Additions or Alterations
  • Shake Roof
  • Wood Siding
  • Plaster
  • Stucco

Interior Spaces

  • 1,342 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Living Room with Fireplace
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Fire and Smoke Detector

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Parking

  • Parking Available
  • Driveway

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Additional Features

  • Brick Porch or Patio
  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 6889
  • Assessor Parcel Number 7541032021

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,921

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Ranch
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541032021
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1342.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Brick, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas Starter, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 883.01
  • Room Type: All Bedrooms Down, Laundry, Living Room, Separate Family Room, Sun, Utility Room
  • Bathroom Features: Bathtub, Exhaust Fan(s), Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Ocean, Peek-A-Boo
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Plaster, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Lunada Bay
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Sprinklers None
  • Lot Size Sq Ft: 5738.00

Multi Family

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

Tax Info

  • Tax Census Tract: 6703.26
  • Tax Lot: 22
  • Tax Tract Number: 6889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 2, 2018
Sold by
Palomba Robert L
Bought by
Towers John James and Towers Laura Christine
Seller's Agent
Patricia Hedstrom
Estate Properties
Buyer's Agent
Anne Celestin
Estate Properties
List Price
$1,099,000
Sold Price
$1,185,000
Premium/Discount to List
$86,000
7.83%
Current Estimated Value
$1,864,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,737
Avg. Annual Appreciation
6.46%
Original Mortgage
$880,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2011
Sold by
Palomba Robert G
Bought by
Palomba Robert G

Purchase Details

Closed on
Feb 28, 1994
Sold by
Palomba Robert G and Palomba Gloria R
Bought by
Palomba Robert G
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Towers John James $1,185,000 Progressive Title
Palomba Robert G -- None Available
Palomba Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towers John James $765,600
Closed Towers John James $97,900
Closed Towers John James $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $1,185,000 0.0% $883 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/29/2018 04/29/18 Off Market $1,185,000 -- --
04/16/2018 04/16/18 For Sale $1,099,000 -- $819 / 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 $15,921 $1,348,322 $1,078,660 $269,662
2024 $15,921 $1,321,885 $1,057,510 $264,375
2023 $15,611 $1,295,967 $1,036,775 $259,192
2022 $14,851 $1,270,557 $1,016,447 $254,110
2021 $14,870 $1,245,645 $996,517 $249,128
2020 $14,671 $1,232,873 $986,299 $246,574
2019 $14,246 $1,208,700 $966,960 $241,740
2018 $2,467 $107,032 $67,849 $39,183
2016 $2,250 $102,877 $65,215 $37,662
2015 $2,218 $101,333 $64,236 $37,097
2014 $2,193 $99,349 $62,978 $36,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18087102

California Regional Multiple Listing Service (CRMLS)

APN: 7541-032-021