$1,650,000
SOLD SEP 3, 2021

1701 Margate Square Palos Verdes Estates, CA 90274

3 Beds
2 Baths
1,569 Sq Ft
4,278 Sq Ft Lot

Recently Sold

$1,052 Per Sq Ft

3% Below List Price

45 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Wood Flooring
  • Lunada Bay Elementary School Rated A+
  • Traditional Architecture
  • Corner Lot

About This Home

As of September 2023

Welcome to Margate Square! This charming single story sits on a corner lot of a cul-de-sac street near lower Lunada Bay. This home has just been through a permitted remodel at the direction of a professional interior designer which includes a new kitchen with Wolf appliances, new bathrooms, beautiful wood floors, new recessed lighting, new doors, new hardware, new plumbing fixtures, indoor laundry room, new garage door, and a new HVAC system. The decor was designed in cool tones and tasteful touches at the direction of a professional interior designer. The huge living room windows look right out to the gorgeous neighborhood full mature trees and stunningly beautiful homes. The location is just a short walk from panoramic ocean views, hiking/ jogging trails, and biking trails. This is a special home in an outstanding location!

Last Agent to Sell the Property

Robert McCliman

Pacific Star Real Estate & Investments License #01301751 Listed on: 05/19/2021

Last Buyer's Agent

Kitty Callahan

eXp Realty of California Inc License #01844792

eXp Realty of 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
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Driveway Up Slope From Street
  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • 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

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: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • 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)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1051.63
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Master Suite
  • Window Features: Wood Frames
  • Bathroom Features: Shower, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Driveway Up Slope From Street, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Lawn, Level with Street, Patio Home, Sprinklers In Front, Sprinklers Timer
  • 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

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%
Views
67
Current Estimated Value
$2,098,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,980
Avg. Annual Appreciation
2.47%

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 Type Sale Price Title Company
Grant Deed $2,000,000 Chicago Title Company
Grant Deed $1,650,000 Lawyers Title
Grant Deed $1,075,000 Lawyers Title Company
Grant Deed $1,000,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,155,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $190,000 Credit Line Revolving
Previous Owner $408,000 Unknown
Previous Owner $409,500 Unknown
Previous Owner $414,000 Unknown
Previous Owner $414,000 Unknown
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
2025 $23,178 $2,040,000 $1,508,070 $531,930
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: IG21103697

California Regional Multiple Listing Service (CRMLS)

APN: 7541-012-023