NOT LISTED FOR SALE

Estimated Value: $2,723,000 - $3,230,000

4 Beds
3 Baths
2,914 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $1,750,000 $601 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $18,649/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Bonus Room
  • Lunada Bay Elementary School Rated A+
  • English Architecture
  • No HOA

About This Home

As of November 2019

While Palos Verdes Estates is known more for Spanish architecture dating back to the Spanish Land Grants of the Sepulvedas, the Bixbys then bought what is now known as the Palos Verdes Peninsula and then came Frank Vanderlip. This is where the uniqueness of "Margate" comes in. Vanderlip, envisioning his dream of the "American Riviera" in the early 1900s, intended to keep a portion of what is now Palos Verdes Estates, not Spanish in architectural design, but rather Olde English. You know you're in a different place when you realize, "Hey, I don't see Via this or Via that...I see Addison, Chiswick, Cloyden, Dalton etc" It's this uniqueness accented by beautiful homes, walking distance to the bluffs along Paseo del Mar and Palos Verdes High School that makes this Lower Lunada Bay home such a special value. Let's talk about the house itself. You've seen homes "remodeled" in the '00s, 90s or 80s and homes that are in their pretty much original condition from the early '70s like this 4BR + Office home. Realistically you're doing the same amount of renovation to current standards. And so is the case with this home, we've priced it at a value that you can feel comfortable and safe to make your renovations and still come out ahead. Talk to your Realtor(r) to have them ask me about all our presale home inspection reports. We want you secure in your purchase decision and confident to move forward. We know you will feel the day's stress wash away driving home to 1700 Dalton Rd.

Last Listed By

George Fotion

Call Realty License #00785373 Listed on: 09/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,214

Year Built

  • Built in 1970

Lot Details

  • 10,030 Sq Ft Lot
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage

Home Design

  • English Architecture

Interior Spaces

  • 2,914 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Separate Family Room
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 1275
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541011009

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,214

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Google cell
  • Other Phone Number: 4242262147
  • Property Attached: No
  • Subdivision Name Other: Margate
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: English
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541011009
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2914.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 600.55
  • Room Type: Bonus Room, Den, Family Room, Foyer, Laundry, Living Room, Master Suite, Separate Family Room, Walk-In Closet

Exterior Features

  • View: Peek-A-Boo
  • 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: Individual Room
  • 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: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10030.00
  • Lot Size Acres: 0.2303

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10030.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1275
  • Tax Census Tract: 6703.26
  • Tax Lot: 9
  • Tax Tract Number: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2019
Closed on
Oct 10, 2019
Sold by
Karemera Amber
Bought by
Karemera Emmanuel
Seller's Agent
George Fotion
Call Realty
Buyer's Agent
George Fotion
Call Realty
List Price
$169,900
Sold Price
$1,750,000
Premium/Discount to List
$1,580,100
930.02%
Total Days on Market
8
Current Estimated Value
$2,986,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,236,095
Avg. Annual Appreciation
9.13%
Original Mortgage
$1,400,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2019
Closed on
Oct 2, 2019
Sold by
Brothers Craig A
Bought by
Karemera Emmanuel
Seller's Agent
George Fotion
Call Realty
Buyer's Agent
George Fotion
Call Realty
List Price
$169,900
Sold Price
$1,750,000
Premium/Discount to List
$1,580,100
930.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2017
Sold by
Brothers Trust
Bought by
Brothers Craig A

Purchase Details

Closed on
Jul 1, 2004
Sold by
Brothers Grace Louise
Bought by
Brothers Ronald Eric

Range of Values:

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Average Value
Not Available
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
Karemera Emmanuel -- Western Resources Title
Karemera Emmanuel $1,750,000 Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karemera Emmanuel $1,690,000
Closed Karemera Emmanuel $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $1,750,000 +3.0% $601 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/22/2019 09/22/19 Price Changed $1,699,000 +900.0% $583 / Sq Ft
09/22/2019 09/22/19 For Sale $169,900 -- $58 / 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 $23,214 $1,960,609 $1,501,081 $459,528
2023 $21,911 $1,839,560 $1,471,649 $367,911
2022 $20,839 $1,803,492 $1,442,794 $360,698
2021 $20,841 $1,768,130 $1,414,504 $353,626
2020 $20,564 $1,750,000 $1,400,000 $350,000
2019 $4,213 $228,743 $84,150 $144,593
2018 $4,128 $224,258 $82,500 $141,758
2017 $3,132 $219,862 $80,883 $138,979
2016 $3,881 $215,552 $79,298 $136,254
2015 $3,829 $212,315 $78,107 $134,208
2014 $3,780 $208,157 $76,577 $131,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19225923

California Regional Multiple Listing Service (CRMLS)

APN: 7541-011-009