NOT LISTED FOR SALE

2648 Palos Verdes Dr W Palos Verdes Estates, CA 90274

Estimated Value: $2,190,000 - $2,664,904

4 Beds
3 Baths
2,509 Sq Ft
$984/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $1,356,907 $541 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $15,034/month

122 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Corner Lot
  • Lunada Bay Elementary School Rated A+
  • Wood Flooring
  • 2-minute walk to Lunada Canyon Trailhead

About This Home

As of April 2015

Welcome home to this wonderful one level cottage style home with ocean views. Located in coveted Lunada Bay where you can walk to all three schools, it has a huge flat grassy yard plus patio and small sports court. Inside you will find 4 bedrooms plus office and 3 baths, hardwood floors, high beamed ceilings, formal living room with open beamed ceilings, fossil stone fireplace and huge picture window, formal dining area, family room with brick fireplace, built-ins and French doors leading to the brick patio and yard.

Last Agent to Sell the Property

Gayle Probst

Estate Properties License #01137236 Listed on: 10/13/2014

Last Buyer's Agent

Carol Grogan

Coldwell Banker License #01749804

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,257

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Shake Roof

Interior Spaces

  • 2,509 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dry Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dressing Area
  • 3 Full Bathrooms

Additional Features

  • Concrete Porch or Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 16945
  • Assessor Parcel Number 7543028008

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,257

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543028008
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2509.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Dry Bar, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 540.82
  • Room Type: Dressing Area, Entry, Family Room, Living Room, Main Floor Master Bedroom, Separate Family Room, Utility Room

Exterior Features

  • Patio: Yes
  • View: Ocean, Water
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Shake
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Lawn, Lot 10000-19999 Sqft, Corner Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 12305.00
  • Lot Size Acres: 0.2820

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12305.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 16945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2017
Sold by
Grogan Peter and Grogan Carol
Bought by
The G Boys Trust
Current Estimated Value
$2,469,476

Purchase Details

Listed on
Oct 13, 2014
Closed on
Mar 5, 2015
Sold by
Lee John E and Lee Laurie J
Bought by
Grogan Peter and Grogan Carol
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Carol Grogan
Coldwell Banker
List Price
$1,399,000
Sold Price
$1,356,907
Premium/Discount to List
-$42,093
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$200,000
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2005
Sold by
Sampson Mark A and Sampson Heidi H
Bought by
Lee John E and Lee Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 1, 2003
Sold by
Sampson Mark A
Bought by
Sampson Mark A and Sampson Heidi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2000
Sold by
Edmunson Sandra Faye
Bought by
Hilton Dr James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2000
Sold by
Hilton Dr James M
Bought by
Hilton Md James M and Hilton Gillian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2000
Sold by
Burry Arthur A
Bought by
Hilton Dr James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1998
Sold by
Franey James E
Bought by
Franey James Edward

Purchase Details

Closed on
Jan 7, 1998
Sold by
Franey James E
Bought by
Franey James Edward and Franey Mildred Louise
Source: Public Records

Range of Values:

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Average Value
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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
The G Boys Trust -- None Available
Grogan Peter $1,357,000 Progressive
Lee John E $1,350,000 Gateway Title Company
Sampson Mark A -- Fidelity National Title
Sampson Mark A -- Fidelity National Title
Sampson Mark A -- Fidelity National Title
Hilton Dr James M $649,000 Continental Title
Hilton Md James M -- Lawyers Title Company
Hilton Dr James M -- Lawyers Title Company
Hilton Dr James M $649,000 Lawyers Title Company
Franey James Edward -- --
Franey James Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grogan Peter $620,000
Closed Grogan Peter $200,000
Previous Owner Grogan Peter $356,900
Previous Owner Lee John E $900,000
Previous Owner Lee John E $729,750
Previous Owner Lee John E $57,000
Previous Owner Lee John E $850,000
Previous Owner Sampson Mark A $100,000
Previous Owner Sampson Mark A $800,000
Previous Owner Sampson Mark A $210,000
Previous Owner Sampson Mark A $650,000
Previous Owner Hilton Dr James M $519,200
Closed Hilton Dr James M $97,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $1,356,907 -3.0% $541 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $1,399,000 -- $558 / 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 $19,257 $1,630,780 $1,304,604 $326,176
2024 $19,257 $1,598,805 $1,279,024 $319,781
2023 $18,906 $1,567,457 $1,253,946 $313,511
2022 $17,990 $1,536,723 $1,229,359 $307,364
2021 $17,997 $1,506,592 $1,205,254 $301,338
2020 $17,759 $1,491,145 $1,192,896 $298,249
2019 $17,246 $1,461,907 $1,169,506 $292,401
2018 $17,087 $1,433,243 $1,146,575 $286,668
2016 $16,221 $1,377,591 $1,102,053 $275,538
2015 $17,547 $1,504,000 $1,203,700 $300,300
2014 -- $1,302,000 $1,042,000 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14219695

California Regional Multiple Listing Service (CRMLS)

APN: 7543-028-008