NOT LISTED FOR SALE

505 Cloyden Rd Palos Verdes Estates, CA 90274

Estimated Value: $3,179,000 - $4,383,000

4 Beds
3 Baths
2,516 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $1,300,000 $517 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $22,893/month

172 Days on Market

Highlights

  • Ocean View
  • Den with Fireplace
  • Laundry Room
  • Lunada Bay Elementary School Rated A+
  • Spanish Architecture
  • Ceramic Tile Flooring

About This Home

As of January 2014

This Spanish has all of the bones for a perfect home with a breathtaking view of the Pacific Ocean just over the Bluffs. This highly desirable area just a block from the Paseo Del Mar bluffs is what Ocean Lovers want. It is a cosmetic fixture that will be sold in "AS-IS condition.

Last Agent to Sell the Property

Luis Ruiz

LAR Realty, Inc. License #01295320 Listed on: 03/22/2013

Last Buyer's Agent

Randy Morris

Crossroads RE Central Valley License #01057561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,757

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Property is zoned PVR1*

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Bluff

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Den with Fireplace
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7541-005-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,757

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2516
  • Stories: 1
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 566.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Bluff, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7541-005-028
  • Geocode Override: No
  • Lot Size Area: 11609

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2016
Sold by
Correa Francisco J
Bought by
Correa Francisco J and Correa Celia Elizabeth
Current Estimated Value
$3,767,972

Purchase Details

Listed on
Mar 22, 2013
Closed on
Nov 20, 2013
Sold by
Gomez Celia Elizabeth
Bought by
Correa Francisco J
Seller's Agent
Luis Ruiz
LAR Realty, Inc.
Buyer's Agent
Randy Morris
Crossroads RE Central Valley
List Price
$1,445,000
Sold Price
$1,300,000
Premium/Discount to List
-$145,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$1,040,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2013
Sold by
Scholla Paul F
Bought by
Correa Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2003
Sold by
Scholla Paul F and Scholla Kim
Bought by
Scholla Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,400
Interest Rate
6.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Correa Francisco J -- Accommodation
Correa Francisco J -- Provident Title Company
Correa Francisco J $1,300,000 Provident Title Company
Scholla Paul F -- --
Scholla Paul F -- Fidelity National Title Co L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Correa Francisco J $1,040,000
Previous Owner Scholla Paul F $798,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2014 01/02/14 Sold $1,300,000 -8.8% $517 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/07/2013 08/07/13 Price Changed $1,425,000 -1.4% $566 / Sq Ft
07/03/2013 07/03/13 For Sale $1,445,000 0.0% $574 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
05/29/2013 05/29/13 Price Changed $1,445,000 -3.3% $574 / Sq Ft
05/21/2013 05/21/13 Price Changed $1,495,000 -5.1% $594 / Sq Ft
05/13/2013 05/13/13 Price Changed $1,575,000 -7.4% $626 / Sq Ft
04/01/2013 04/01/13 For Sale $1,700,000 +30.8% $676 / Sq Ft
03/22/2013 03/22/13 Off Market $1,300,000 -- --
03/22/2013 03/22/13 For Sale $1,700,000 -- $676 / Sq Ft
Source: The MLS

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 $34,757 $3,125,520 $1,274,892 $1,850,628
2024 $34,757 $3,064,237 $1,249,895 $1,814,342
2023 $34,189 $3,004,155 $1,225,388 $1,778,767
2022 $32,451 $2,945,251 $1,201,361 $1,743,890
2021 $32,431 $2,169,402 $1,177,805 $991,597
2020 $17,424 $1,457,159 $1,165,729 $291,430
2019 $16,923 $1,428,588 $1,142,872 $285,716
2018 $16,735 $1,400,577 $1,120,463 $280,114
2016 $15,886 $1,346,193 $1,076,955 $269,238
2015 $15,719 $1,325,973 $1,060,779 $265,194
2014 $15,489 $1,300,000 $1,040,000 $260,000
Source: Public Records

Agents Affiliated with this Home

  • Luis Ruiz

    Seller's Agent in 2014

    Luis Ruiz

    LAR Realty, Inc.

    (213) 407-5702

    11 Total Sales

    Luis Ruiz
    Section Image

  • R

    Buyer's Agent in 2014

    Randy Morris

    Crossroads RE Central Valley

  • M

    Buyer's Agent in 2014

    Marisol Tovar

See All Agents

Map

Source: The MLS

MLS Number: 13-659861

The MLS

APN: 7541-005-028

California Los Angeles County Palos Verdes Estates 90274

505 Cloyden Rd, Palos Verdes Estates, CA

This home is located at 505 Cloyden Rd, Palos Verdes Estates, CA 90274 since 22 March 2013 and is currently estimated at $3,767,972, approximately $1,497 per square foot. This property was built in 1972. 505 Cloyden Rd is a home located in Los Angeles County with nearby schools including Lunada Bay Elementary School, Palos Verdes Intermediate School, and Palos Verdes High School.

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