NOT LISTED FOR SALE

531 N Palos Verdes St San Pedro, CA 90731

Estimated Value: $933,000 - $1,194,000

6 Beds
3 Baths
2,536 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $683,000 $269 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,068/month

15 Days on Market

About This Home

As of July 2018

Up for grabs is an ideal owner-occupant income duplex located moments away from the Pacific Ocean that showcases great views of the Vincent Thomas Bridge. The recently updated bottom unit has 3 bedrooms and 1 bath, laundry room inside the unit, 2 car garage and a tastefully redone kitchen that sits open to dining and family room. There is a lovely front yard hidden by natural plantation. Excellent floor plans in each unit.

Last Agent to Sell the Property

Steven Watts

Vista Sotheby's International Realty License #00966894 Listed on: 05/30/2018

Vista Sotheby's International Realty

Last Buyer's Agent

Sahmon Zoughi

Compass License #01930385

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,299

Year Built

  • Built in 2001

Lot Details

  • 4,952 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • 2,536 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2312
  • Assessor Parcel Number 7449004027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $151
  • Insurance Expense $3,200
  • Maintenance Expense $1,662
  • Professional Management Expense $1,200
  • Trash Expense $84
  • Water Sewer Expense $528
  • Operating Expense $20,559
  • Gross Income $11,700
  • Net Operating Income $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,299

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 527.95
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 7449004027
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 269.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 83.58
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 4952.00

Multi Family

  • Electric Expense: 151.36
  • Gross Income: 11700.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 3200.00
  • Maintenance Expense: 1662.00
  • Net Operating Income: 11700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 20559.00
  • Rent Control: No
  • Total Expenses: 20559.00

Tax Info

  • Tax Census Tract: 2962.10
  • Tax Lot: 11
  • Tax Tract Number: 2312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Stanko Joseph
Bought by
2021 Stanko Family Trust and Stanko
Current Estimated Value
$1,011,294

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 2, 2018
Sold by
Hollyvale Rental Holdings Llc
Bought by
Stanko Joseph
Seller's Agent
Steven Watts
Vista Sotheby's International Realty
Buyer's Agent
Sahmon Zoughi
Compass
List Price
$649,900
Sold Price
$683,000
Premium/Discount to List
$33,100
5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$546,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2017
Sold by
Mid Cal Realty Services Inc
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Aug 25, 2017
Sold by
Villarreal Manuel
Bought by
Mid Cal Realty Services Inc

Purchase Details

Closed on
Feb 18, 2004
Sold by
Eredics Laszlo
Bought by
Villarreal Manuel and Villarreal Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2001
Sold by
Llizo George A
Bought by
Eredics Laszlo and Lovasi Katalin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 23, 2000
Sold by
Morgan Timothy K
Bought by
Llizo George A
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
2021 Stanko Family Trust -- None Listed On Document
Stanko Joseph $683,000 Fidelity National Title Comp
Hollyvale Rental Holdings Llc -- Fidelity National Title Co
Mid Cal Realty Services Inc $519,000 Accommodation
Villarreal Manuel $530,000 Fidelity National Title
Eredics Laszlo $262,500 First American Title Co
Llizo George A $48,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanko Joseph $546,400
Previous Owner Villarreal Manuel $330,000
Previous Owner Eredics Laszlo $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $683,000 +5.1% $269 / Sq Ft
05/30/2018 05/30/18 For Sale $649,900 -- $256 / 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 $9,299 $761,894 $490,826 $271,068
2024 $9,299 $746,955 $481,202 $265,753
2023 $9,121 $732,310 $471,767 $260,543
2022 $8,699 $717,952 $462,517 $255,435
2021 $8,584 $703,876 $453,449 $250,427
2020 $8,668 $696,660 $448,800 $247,860
2019 $8,328 $683,000 $440,000 $243,000
2018 $8,482 $690,000 $450,000 $240,000
2016 $7,691 $636,545 $360,310 $276,235
2015 $7,578 $626,984 $354,898 $272,086
2014 $7,592 $614,704 $347,947 $266,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18129858

California Regional Multiple Listing Service (CRMLS)

APN: 7449-004-027