22 Margate Square Palos Verdes Estates, CA 90274
Estimated Value: $2,251,000 - $2,360,169
3
Beds
3
Baths
2,300
Sq Ft
$992/Sq Ft
Est. Value
Highlights
- Ocean View
- Two Primary Bedrooms
- Deck
- Lunada Bay Elementary School Rated A+
- Updated Kitchen
- Cathedral Ceiling
About This Home
As of March 2014Located on a quiet cul-de-sac affording privacy and convenience, this highly coveted lower Lunada Bay location is in close proximity to schools (elementary, middle & high schools) in the award-winning Palos Verdes school district, the Lunada Bay Plaza & the picturesque bluffs.
The home features 3 bedrooms, a spacious living room, gourmet kitchen, formal dining, 2nd floor bonus room & lovely outdoor living areas. The home’s dramatic entry with vaulted ceiling, sweeping wrought iron staircase and a wall of French windows create an inviting ambiance. The focal point is the kitchen with center island & breakfast bar. French doors lead to a private enclosed yard with Spanish tiled patio. Formal dining room with French window overlooks a charming court yard. A private lower level bedroom makes a great guest suite or home office. The upper level features a master bedroom suite with terra cotta tiled lounging deck with ocean views. The second bedroom suite features an adjoining bonus room perfect as a playroom/homework room or even bedroom for a younger child. You will love the hardwood floors, floor to ceiling windows, vaulted beam ceilings, gated courtyard, & character of this home!
Last Agent to Sell the Property
West Shores Realty, Inc. License #00939714 Listed on: 01/25/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,075
Year Built
- Built in 1962
Lot Details
- 5,004 Sq Ft Lot
- Cul-De-Sac
Parking
- 2 Car Attached Garage
Home Design
- Mediterranean Architecture
Interior Spaces
- 2,300 Sq Ft Home
- Beamed Ceilings
- Cathedral Ceiling
- Fireplace
- Entryway
- Living Room
- Dining Room
- Home Office
- Wood Flooring
- Ocean Views
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Double Master Bedroom
- 3 Full Bathrooms
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Utilities
- Septic Type Unknown
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 7541012025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2024
Sold by
Fathi Alireza
Bought by
Wilcox Scott C and Maramba Maripaz
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,746,683
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$535,359
Purchase Details
Closed on
Nov 13, 2017
Sold by
Fathi Alireza
Bought by
Fathi Alireza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 25, 2014
Closed on
Feb 3, 2014
Sold by
Dox James M
Bought by
Fathi Md Alireza
Seller's Agent
Rosanna Libertucci
West Shores Realty, Inc.
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$1,350,000
Sold Price
$1,360,000
Premium/Discount to List
$10,000
0.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$1,088,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 1, 2007
Sold by
Alexander John M
Bought by
Dox James M and Dox Amy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2004
Sold by
Alexander John M
Bought by
Alexander John M and Alexander Elizabeth A
Purchase Details
Closed on
Oct 16, 2003
Sold by
Alexander John M
Bought by
Alexander John M and Alexander Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 14, 2002
Sold by
Alexander John M
Bought by
Alexander John M and Alexander Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
7.11%
Mortgage Type
Unknown
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilcox Scott C | $2,200,000 | First American Title Company | |
| Fathi Alireza | -- | Lawyers Title Company | |
| Fathi Md Alireza | $1,360,000 | Usa National Title Co | |
| Dox James M | $1,395,000 | Lawyers Title | |
| Alexander John M | -- | -- | |
| Alexander John M | -- | Southland Title Company | |
| Alexander John M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilcox Scott C | $1,760,000 | |
| Previous Owner | Wilcox Scott C | $1,760,000 | |
| Previous Owner | Fathi Alireza | $858,000 | |
| Previous Owner | Fathi Alireza | $962,000 | |
| Previous Owner | Fathi Md Alireza | $1,088,000 | |
| Previous Owner | Dox James M | $250,000 | |
| Previous Owner | Dox James M | $150,000 | |
| Previous Owner | Dox James M | $710,880 | |
| Previous Owner | Dox James M | $200,000 | |
| Previous Owner | Dox James M | $945,000 | |
| Previous Owner | Alexander John M | $322,700 | |
| Previous Owner | Alexander John M | $300,700 | |
| Previous Owner | Alexander John M | $69,600 | |
| Previous Owner | Alexander John M | $275,000 | |
| Previous Owner | Alexander John M | $70,000 | |
| Previous Owner | Alexander John M | $338,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2014 03/04/14 | Sold | $1,360,000 | +0.7% | $591 / Sq Ft |
| 02/03/2014 02/03/14 | Pending | -- | -- | -- |
| 01/25/2014 01/25/14 | For Sale | $1,350,000 | -- | $587 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,075 | $1,687,953 | $1,138,967 | $548,986 |
| 2023 | $19,711 | $1,654,857 | $1,116,635 | $538,222 |
| 2022 | $18,745 | $1,622,410 | $1,094,741 | $527,669 |
| 2021 | $18,753 | $1,590,599 | $1,073,276 | $517,323 |
| 2020 | $18,503 | $1,574,290 | $1,062,271 | $512,019 |
| 2019 | $17,962 | $1,543,423 | $1,041,443 | $501,980 |
| 2018 | $17,856 | $1,513,161 | $1,021,023 | $492,138 |
| 2017 | $16,702 | $1,483,492 | $1,001,003 | $482,489 |
| 2016 | $16,464 | $1,408,326 | $981,376 | $426,950 |
| 2015 | $16,292 | $1,387,172 | $966,635 | $420,537 |
| 2014 | $13,516 | $1,123,800 | $899,000 | $224,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rosanna Libertucci
Seller's Agent in 2014
Rosanna Libertucci
West Shores Realty, Inc.
2 in this area
15 Total Sales
-
Gary Kooba
Buyer's Agent in 2014
Gary Kooba
Vista Sotheby’s International Realty
(310) 722-2007
14 in this area
118 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14017275
APN: 7541-012-025
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