NOT LISTED FOR SALE

2316 Palos Verdes Dr W Unit 3 Palos Verdes Estates, CA 90274

Estimated Value: $794,614 - $855,000

2 Beds
2 Baths
1,140 Sq Ft
$285/mo HOA Fee

Last Sold January 05, 2021

Last sale price $590,000 $518 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,529/month

9 Days on Market

Highlights

  • Above Ground Pool
  • Pool View
  • Galley Kitchen
  • Lunada Bay Elementary School Rated A+
  • Double Door Entry
  • Walk-In Closet

About This Home

As of January 2021

Welcome to Lunada Bay, one of the most preferred areas of the Palos Verdes Peninsula. This condo is located near the Bluffs as well as Lunada Bay Elementary, Palos Verdes Intermediate and Palos Verdes High School. Lunada Bay Plaza with market, pharmacy, restaurants, boutiques, and a Hardware store that has a little bit of everything, is conveniently located on the opposite side of PV Drive. There are wonderful walking trails and during the summer months the Plaza hosts free outdoor concerts. This 2 bedroom, 2 bath condo has some lovely upgrades. The kitchen features custom cabinetry, new quartz counter-tops, custom lights and newer appliances. There is new carpeting in living room and bedrooms. The main bathroom was recently up-dated with motion-sense toilet and extra large bathtub and also features custom cabinetry and quartz counter top. Both bedrooms have wonderful closet space including a walk-in closet in the main bedroom The laundry area is conveniently located near this unit, but it is possible to install washer-dryer in the guest closet. This cozy unit is ready to move right in and begin enjoying the Palos Verdes Lifestyle.

Last Agent to Sell the Property

Patricia Sullivan

Vista Sotheby's International Realty License #01462636 Listed on: 10/01/2020

Vista Sotheby's International Realty

Last Buyer's Agent

Maggie Ding

Compass License #01414326

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,037

Year Built

  • Built in 1963

Lot Details

  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Off-Street Parking

Interior Spaces

  • 1,140 Sq Ft Home
  • Double Door Entry
  • Living Room
  • Pool Views
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Schools

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

Additional Features

  • No Interior Steps
  • Above Ground Pool
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29690
  • Assessor Parcel Number 7543023020

Community Details

Overview

  • Master Insurance
  • 8 Units
  • Province De Germon Homeowners Association, Phone Number (808) 230-4664
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,037

Year Built

Built in 1963

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: PVRM
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7543023020
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1140.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Double Door Entry, Mirror Closet Door(s)
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 517.54
  • Room Type: All Bedrooms Down, Galley Kitchen, Living Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: Pool
  • Pool Features: Association, Above Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Maintenance Grounds, Trash, Pet Rules, Pets Permitted
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Association Name: Province de Germon Homeowners
  • Phone: 808-230-4664
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks
  • Association Management: Province de Germon Homeowners

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 Size Sq Ft: 10714.00
  • Lot Size Acres: 0.2460

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10714.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 1
  • Tax Tract: TRact No 29690
  • Tax Tract Number: 29690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 12, 2020
Sold by
Stafford Wendy Ann
Bought by
Sandusky Jennifer
Seller's Agent
Patricia Sullivan
Vista Sotheby's International Realty
Buyer's Agent
Maggie Ding
Compass
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$828,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,154
Avg. Annual Appreciation
7.67%
Original Mortgage
$354,000
Outstanding Balance
$317,390
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$510,764

Purchase Details

Closed on
Nov 2, 2020
Sold by
Department Of Veterans Affairs
Bought by
Stafford Wendy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Outstanding Balance
$317,390
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$510,764

Purchase Details

Closed on
Aug 14, 1998
Sold by
Trakas Richard S and Bruflat Anne T
Bought by
Va

Purchase Details

Closed on
Apr 25, 1996
Sold by
Trakas Richard S and Trakas Barbara L
Bought by
Bruflat Rick D and Bruflat Anne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 27, 1995
Sold by
Trakas Richard S and Trakas Barbara L
Bought by
Trakas Richard S and Trakas Barbara L
Source: Public Records

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
Sandusky Jennifer $590,000 Progressive Title
Stafford Wendy Ann -- Progressive Title
Va $178,500 Lawyers Title Company
Bruflat Rick D -- --
Trakas Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandusky Jennifer $57,043
Open Sandusky Jennifer $354,000
Previous Owner Sandusky Jennifer $354,000
Previous Owner Stafford Wendy Ann $0
Previous Owner Bruflat Rick D $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $590,000 -5.6% $518 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $625,000 0.0% $548 / Sq Ft
06/03/2019 06/03/19 Rented $2,800 -3.4% --
06/03/2019 06/03/19 Under Contract -- -- --
04/22/2019 04/22/19 For Rent $2,900 -- --
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 $8,037 $638,631 $404,395 $234,236
2024 $8,037 $626,110 $396,466 $229,644
2023 $7,931 $613,835 $388,693 $225,142
2022 $7,562 $601,800 $381,072 $220,728
2021 $4,018 $258,504 $93,840 $164,664
2020 $3,965 $255,854 $92,878 $162,976
2019 $3,872 $250,838 $91,057 $159,781
2018 $3,828 $245,921 $89,272 $156,649
2016 $3,619 $236,373 $85,806 $150,567
2015 $3,573 $232,824 $84,518 $148,306
2014 $3,525 $228,264 $82,863 $145,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20197662

California Regional Multiple Listing Service (CRMLS)

APN: 7543-023-020