NOT LISTED FOR SALE

1701 Margate Square Palos Verdes Estates, CA 90274

Estimated Value: $1,986,000 - $2,281,000

3 Beds
2 Baths
1,569 Sq Ft
$1,369/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $2,000,000 $1,275 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,335/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Traditional Architecture
  • Lunada Bay Elementary School Rated A+
  • Peek-A-Boo Views
  • Wood Flooring

About This Home

As of September 2023

Welcome to a wonderful lower Lunada Bay property and experience coastal living at its finest. Situated only 4 walking blocks to the majestic ocean cliffs and enchanting miles of hiking trails with views. Nestled in a cul-de-sac surrounded by mature trees with a peek a boo ocean views from the front lawn. This home showcases impeccable craftsmanship that was recently thoroughly reimagined. Upon entering, you will be captivated by the spacious and inviting interior with  newer hardwood floors, led lighting and more updates throughout. The open floor plan creates a harmonious flow that is perfect for both comfortable living and entertaining. Natural light cascades to brighten through the large, sound deterring double pane windows, single level, 3 bedroom, 2 full bathroom home, with newer HVAC A/C, heater, plumbing and updated kitchen. The gourmet kitchen is a chef's delight, featuring high-end appliances, a Wolf 6 Burner stove/oven, ample quartz countertops that culinary masterpieces can be created, wood cabinetry and a barn sink. Adjacent to the kitchen is the dining area with indoor outdoor access, perfect for outdoor grilling while soaking in the sun. This residence boasts multiple living areas, including a gracious family room with a fireplace, providing the perfect setting for intimate gatherings or larger social events. The sophisticated finishes and attention to detail throughout the home truly elevate the living experience.
The generous master suite is a private retreat, offering a tranquil haven to unwind and relax. It features a luxurious en-suite bathroom, complete with updated styles and designer tiles,  a walk-in shower, and a vanity. Additional bedrooms are well-appointed to offer ample space for family or guests.
One of the standout features of this property is its exceptional outdoor front space. Step outside onto the sprawling grass area, where you can enjoy the year-round temperate climate, entertain guests, or simply bask in breathtaking surroundings with a peek a boo ocean views. 
This residence allows for an active and outdoor lifestyle. Take a leisurely stroll down the beautiful streets 4 blocks walk to the cliffs overlooking the ocean. Nearby access to A+  public and private schools, fine dining establishments, shopping, close to freeways. Making it ideal to make a home.
Don't miss the opportunity to own this remarkable property that combines luxury, coastal living, and convenience. Experience the best of Palos Verdes Estates.

Last Agent to Sell the Property

Luis Gonzalez

Vista Sotheby’s International Realty License #01137141 Listed on: 07/11/2023

Last Buyer's Agent

Christina Nguyen

eXp Realty of Southern California, Inc License #01933179

eXp Realty of Southern California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,178

Year Built

  • Built in 1957

Lot Details

  • 4,278 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Patio Home
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Wood Frame Window
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Wood Flooring
  • Peek-A-Boo Views

Kitchen

  • Updated Kitchen
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Open Patio
  • Rain Gutters
  • Front Porch

Schools

  • Lunada Bay Elementary School
  • Palos Verdes High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 24 / 1277
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541012023
  • $1,498 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,178

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541012023
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1569.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Quartz Counters
  • Stories: 1
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1274.70
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Suite
  • Window Features: Double Pane Windows, Wood Frames
  • Bathroom Features: Bathtub, Shower, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Patio Open, Front Porch, Tile
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage Door Opener, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac, Landscaped, Level with Street, Patio Home, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 4278.00
  • Lot Size Acres: 0.0982

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4278.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1277
  • Tax Census Tract: 6703.26
  • Tax Lot: 24
  • Tax Tract Number: 7140
  • TaxOtherAnnualAssessmentAmount: 1498.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Jul 24, 2023
Sold by
Sethi Amneet Singh and Sethi Arjinder
Bought by
Lo Jen-Chun Anderson and Luo Jin-Feng Lai
Seller's Agent
Luis Gonzalez
Vista Sotheby’s International Realty
Buyer's Agent
Christina Nguyen
eXp Realty of Southern California, Inc
List Price
$1,930,000
Sold Price
$2,000,000
Premium/Discount to List
$70,000
3.63%
Total Days on Market
7
Views
67
Current Estimated Value
$2,148,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,667
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 7, 2021
Sold by
Nprt Enterprises Llc
Bought by
Sethi Amneet Singh and Kaur Arjinder
Seller's Agent
Robert McCliman
Pacific Star Real Estate & Investments
Buyer's Agent
Kitty Callahan
eXp Realty of California Inc
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$1,155,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2020
Sold by
Bear Flag Homes Llc
Bought by
Nprt Enterprises Llc

Purchase Details

Closed on
Oct 21, 2020
Sold by
Dusckett Paul L
Bought by
Bear Flag Homes Llc
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
Lo Jen-Chun Anderson $2,000,000 Chicago Title Company
Sethi Amneet Singh $1,650,000 Lawyers Title
Nprt Enterprises Llc $1,075,000 Lawyers Title Company
Bear Flag Homes Llc $1,000,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sethi Amneet Singh $1,155,000
Previous Owner Dusckett Paul L $375,000
Previous Owner Dusckett Paul L $385,000
Previous Owner Dusckett Paul L $190,000
Previous Owner Dusckett Paul L $408,000
Previous Owner Dusckett Paul L $409,500
Previous Owner Dusckett Paul L $414,000
Previous Owner Dusckett Paul L $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $2,000,000 +3.6% $1,275 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $1,930,000 +17.0% $1,230 / Sq Ft
09/03/2021 09/03/21 Sold $1,650,000 -2.9% $1,052 / Sq Ft
08/26/2021 08/26/21 For Sale $1,699,000 0.0% $1,083 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,699,000 0.0% $1,083 / Sq Ft
06/18/2021 06/18/21 Price Changed $1,699,000 +6.3% $1,083 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,599,000 -- $1,019 / 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 $23,178 $2,000,000 $1,478,500 $521,500
2023 $19,823 $1,683,000 $1,346,400 $336,600
2022 $18,842 $1,650,000 $1,320,000 $330,000
2021 $15,452 $1,300,000 $950,000 $350,000
2020 $11,281 $922,282 $802,358 $119,924
2019 $10,962 $904,199 $786,626 $117,573
2018 $10,863 $886,470 $771,202 $115,268
2016 $10,308 $852,049 $741,256 $110,793
2015 $10,196 $839,251 $730,122 $109,129
2014 $10,047 $822,812 $715,820 $106,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23118389

California Regional Multiple Listing Service (CRMLS)

APN: 7541-012-023