NOT LISTED FOR SALE

1656 Espinosa Cir Palos Verdes Estates, CA 90274

Estimated Value: $2,258,000 - $2,488,000

5 Beds
3 Baths
2,380 Sq Ft
$983/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $1,600,000 $672 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $14,742/month

48 Days on Market

Highlights

  • Ocean View
  • Dual Staircase
  • No HOA
  • Lunada Bay Elementary School Rated A+
  • High Ceiling
  • 3-minute walk to Rico Place Park

About This Home

As of August 2020

A lush landscape surrounds as you admire the tall trees, winding roads, and ocean views that set the path to this custom-built ranch style home on Espinosa Circle. Nestled in one of the most endearing neighborhoods in Palos Verdes Estates, this 5 bedroom, 3 bath home features 2,380 sqft on a 6,271 sqft lot. You're greeted with an inviting threshold and enter into a gorgeous living space with vaulted ceilings, gleaming wood detail, impressive fireplace, and views overlooking the neighborhood, and the Pacific Ocean. The spacious galley style kitchen has solid wood cabinetry and classic tile work - embrace the timeless style or customize to you own design. The dining area at the heart of the home looks out into the natural backdrop of the outdoors. The ocean view primary bedroom suite is an elegant retreat with a chic remodeled primary suite's bathroom. Additional bedrooms offer spacious quarters with charming detail and abundant storage. Convert the den back into a bedroom, home office, study, or playroom. Enjoy the perfect Peninsula's climate with cool days and comfortable nights in the entertainer's backyard with grassy yard and patio ready for BBQ's, dinner parties, and lounging and relaxing. Other features include new air conditioning, new roof and exterior paint, laundry room, and vegetable garden and fruit trees. This is a home ready to be more than just shelter, but a captivating place to thrive.

Last Agent to Sell the Property

Edward Barrios

Vista Sotheby's International Realty License #01472267 Listed on: 05/23/2020

Vista Sotheby's International Realty

Last Buyer's Agent

Terri Tsuchida

Coldwell Banker Realty License #01154551

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,133

Year Built

  • Built in 1956

Lot Details

  • 6,271 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Split Level Home
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Tile Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • French Mullion Window
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Brick Porch or Patio
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 17 / 1482
  • Tax Tract Number 6889
  • Assessor Parcel Number 7541031017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,133

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541031017
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2380.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Block Walls, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two, Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 672.27
  • Room Type: Living Room
  • Window Features: French/Mullioned
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • View: Ocean
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway - Brick, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Range Hood, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Park, 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6271.00
  • Lot Size Acres: 0.1440

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6271.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1482
  • Tax Census Tract: 6703.26
  • Tax Lot: 17
  • Tax Tract Number: 6889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Stefl Matthew D
Bought by
Stefl Matthew D
Total Days on Market
48
Current Estimated Value
$2,338,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,000
Outstanding Balance
$690,206
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,648,328

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 17, 2020
Sold by
Lee Nathan Albert and Lee Laura Maricich
Bought by
Stefi Matthew D
Seller's Agent
Edward Barrios
Vista Sotheby's International Realty
Buyer's Agent
Terri Tsuchida
Coldwell Banker Realty
List Price
$1,629,000
Sold Price
$1,600,000
Premium/Discount to List
-$29,000
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 12, 2020
Sold by
Stefl Karen Freitas
Bought by
Stefl Matthew D
Seller's Agent
Edward Barrios
Vista Sotheby's International Realty
Buyer's Agent
Terri Tsuchida
Coldwell Banker Realty
List Price
$1,629,000
Sold Price
$1,600,000
Premium/Discount to List
-$29,000
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Watson Keith R
Bought by
The Watson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
2.78%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2001
Sold by
Watson Keith R
Bought by
Watson Keith R
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 Buyer Sale Price Title Company
Stefl Matthew D -- First American Title
Stefi Matthew D $1,600,000 Chicago Title
Stefl Matthew D -- Chicago Title
The Watson Living Trust $1,300,000 Progressive Title Company
Watson Keith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefl Matthew D $761,000
Closed Stefi Matthew D $765,600
Previous Owner Lee Nathan A $148,000
Previous Owner Lee Nathan A $78,000
Previous Owner Lee Nathan Albert $256,000
Previous Owner Lee Nathan A $125,200
Previous Owner Lee Nathan Albert $87,100
Previous Owner Lee Nathan Albert $1,180,000
Previous Owner The Watson Living Trust $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $1,600,000 -1.8% $672 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $1,629,000 +1.8% $684 / Sq Ft
07/02/2020 07/02/20 Off Market $1,600,000 -- --
05/23/2020 05/23/20 For Sale $1,699,000 -- $714 / 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
2024 $20,133 $1,697,932 $1,358,346 $339,586
2023 $19,768 $1,664,640 $1,331,712 $332,928
2022 $18,799 $1,632,000 $1,305,600 $326,400
2021 $18,804 $1,600,000 $1,280,000 $320,000
2020 $16,899 $1,428,617 $1,142,895 $285,722
2019 $16,408 $1,400,606 $1,120,486 $280,120
2018 $16,305 $1,373,144 $1,098,516 $274,628
2016 $15,475 $1,319,825 $1,055,860 $263,965
2015 $3,045 $151,928 $64,236 $87,692
2014 $3,007 $148,953 $62,978 $85,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20098583

California Regional Multiple Listing Service (CRMLS)

APN: 7541-031-017