NOT LISTED FOR SALE

2316 Palos Verdes Dr W Unit 8 Palos Verdes Estates, CA 90274

Estimated Value: $907,000 - $1,188,000

3 Beds
2 Baths
1,305 Sq Ft
10,716 Sq Ft Lot

Last Sold October 25, 2016

Last sale price $645,000 $494 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,297/month

Highlights

  • Ocean View
  • Community Pool
  • Central Heating and Cooling System
  • Lunada Bay Elementary School Rated A+
  • Laundry Room

About This Home

As of October 2021

Amazing opportunity to live in Palos Verdes Estates, have an Ocean View, and take beautiful walks to the bluffs. 3 bedrooms and 2 Baths condo in Lunada Bay. This remodeled one level top floor unit. Truly an entertainer’s dream! Full length sliding glass door leads out onto a private balcony where the sunsets will amaze you! American Cherry Wood Flooring in the living areas, Carpeting in the bedrooms, and Travertine baths. The Gorgeous Custom Kitchen comes with Maple Cabinets which include 42" uppers providing additional storage plus full slab granite counter tops and back splashes. Professional Grade Stainless appliances, a Wine Fridge, and customized lighting add to this sleek & stylish kitchen. Jacuzzi style tubs in both Bathrooms and a Master Bath which also includes a Super Size shower that makes one truly feel special. Huge walk in closet in the master bedroom, and full wall of closets in bedroom 2, wet bar with granite counter in den/office/bedroom 3. Indoor laundry, upgraded water heater, and copper plumbing. The home also includes a gated pool and an oversized 2 car private garage off the alley with built in storage cabinets.

Last Agent to Rent the Property

Moises Carlos

Escala Realty Group License #01849964 Listed on: 10/12/2021

Last Renter's Agent

Carolyn Lizdenis

Harcourts Hunter Mason Realty License #01832848

Harcourts Hunter Mason Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,323

Year Built

  • Built in 1963

Lot Details

  • 10,716

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • 1,305 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,300
  • Rent includes association dues, trash collection
  • 12-Month Minimum Lease Term
  • Available 11/1/21
  • Tax Lot 1
  • Tax Tract Number 29690
  • Assessor Parcel Number 7543023025

Community Details

Overview

  • Property has a Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,323

Year Built

Built in 1963

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-11-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 3300
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: PVRM*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7543023025
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1305.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.53

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10714.00
  • Lot Size Acres: 0.2460

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 10714.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Trash Collection

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 1
  • Tax Tract Number: 29690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 21, 2016
Sold by
Long David R
Bought by
Antoniou Peter Hatzi and Antoniou Nancy Valdivia
Seller's Agent
Gary La Tourette
Vista Sotheby's International Realty
Buyer's Agent
Moises Carlos
Escala Realty Group
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%
Current Estimated Value
$1,015,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,043
Avg. Annual Appreciation
5.04%
Original Mortgage
$483,750
Outstanding Balance
$389,651
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$607,495

Purchase Details

Closed on
Mar 25, 2013
Sold by
Long David R
Bought by
Long David R

Purchase Details

Closed on
Oct 30, 2009
Sold by
Long Miriam A
Bought by
Long Miriam A and Long David R

Purchase Details

Closed on
Mar 16, 2006
Sold by
Neumann Ericka and Neumann Lars
Bought by
Long Miriam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2000
Sold by
Ortiz Saadia Y
Bought by
Neumann Lars and Neumann Ericka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,985
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 2000
Sold by
Lawrence Roxanne and Shenton Michelle A
Bought by
Ortiz Saadia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,985
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1999
Sold by
Shenton Craig
Bought by
Shenton Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1999
Sold by
Turner Randall Glenn and Turner Lynda Cox
Bought by
Ortiz Saadia Y and Shenton Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1997
Sold by
Dellarso Michael
Bought by
Turner Randall Glenn and Turner Lynda Cox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage
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
Antoniou Peter Hatzi $645,000 Usa National Title Company
Long David R -- None Available
Long Miriam A -- None Available
Long Miriam A $610,000 Lawyers Title
Neumann Lars $230,000 First American Title Co
Ortiz Saadia Y $3,863 --
Shenton Michelle A -- First American Title Co
Ortiz Saadia Y $195,000 First American Title Co
Turner Randall Glenn $183,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antoniou Peter Hatzi $483,750
Previous Owner Long Miriam A $417,000
Previous Owner Neumann Lars $213,900
Previous Owner Neumann Lars $85,000
Previous Owner Neumann Lars $214,050
Previous Owner Neumann Lars $41,900
Previous Owner Neumann Lars $214,985
Previous Owner Ortiz Saadia Y $185,250
Previous Owner Turner Randall Glenn $146,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2021 10/30/21 Rented $3,300 0.0% --
10/28/2021 10/28/21 For Rent $3,300 0.0% --
10/25/2021 10/25/21 Off Market $3,300 -- --
10/12/2021 10/12/21 For Rent $3,300 +6.5% --
03/07/2019 03/07/19 Rented $3,100 0.0% --
03/07/2019 03/07/19 Under Contract -- -- --
03/02/2019 03/02/19 For Rent $3,100 +5.1% --
02/09/2018 02/09/18 Rented $2,950 -1.5% --
02/09/2018 02/09/18 Under Contract -- -- --
01/18/2018 01/18/18 For Rent $2,995 0.0% --
10/25/2016 10/25/16 Sold $645,000 -4.4% $494 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/31/2016 08/31/16 Price Changed $675,000 -2.9% $517 / Sq Ft
07/05/2016 07/05/16 For Sale $695,000 -- $533 / 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 $9,323 $748,569 $474,675 $273,894
2024 $9,323 $733,892 $465,368 $268,524
2023 $9,200 $719,503 $456,244 $263,259
2022 $8,769 $705,397 $447,299 $258,098
2021 $8,774 $691,567 $438,529 $253,038
2020 $8,658 $684,477 $434,033 $250,444
2019 $8,419 $671,057 $425,523 $245,534
2018 $8,368 $657,900 $417,180 $240,720
2016 $6,677 $513,578 $359,832 $153,746
2015 $6,602 $505,864 $354,427 $151,437
2014 $6,509 $495,956 $347,485 $148,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21226295

California Regional Multiple Listing Service (CRMLS)

APN: 7543-023-025