NOT LISTED FOR SALE

Estimated Value: $2,178,000 - $2,676,000

4 Beds
3.5 Baths
2,294 Sq Ft
$1,052/Sq Ft Est. Value

Last Sold December 25, 2018

Last sale price $1,699,000 $741 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $14,892/month

13 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 2 Car Attached Garage
  • Dapplegray Elementary School Rated A+
  • Beamed Ceilings
  • Laundry Room

About This Home

As of December 2018

Charming and upgraded family home in "The Lanes." Total renovation completed in 2016. 2300 (BTV) square feet of contemporary ranch style home with 4 bedrooms and 3 1/2 baths including upstairs and downstairs master suites. Dormer windows, wood floors, wood beamed accents, new roof, new kitchen and baths, new a/c and a large rear deck with new hot tub on an 8000+ square foot lot (BTV). The garage is also upgraded and includes a large attic storage area with pull down ladder. A lot of home in a great area. "The Lanes" are one of the most popular areas in all of Palos Verdes with close access to PV schools, shopping, golf courses, freeways and so much more.This home is turn key and ready to bring long term memories for it's next family. One of the best values at this price point.

Last Agent to Sell the Property

Gerard Bisignano

Vista Sotheby’s International Realty License #01116110 Listed on: 11/12/2018

Vista Sotheby’s International Realty

Last Buyer's Agent

Ed Kaminsky

eXp Realty of California, Inc License #00958114

eXp Realty of California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,903

Year Built

  • Built in 1959

Lot Details

  • 8,102 Sq Ft Lot
  • Back Yard
  • Property is zoned RERA2L

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • Property has a Home Owners Association
  • The Lanes Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7551021014

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,903

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: 310-971-5781
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: The Lanes
  • View: Yes
  • Zoning: RERA2L
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7551021014
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2294.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 740.63
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: The Lanes
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8102.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8102.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6702.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Patterson Gregory J and Patterson Meagan M
Bought by
Patterson Meagan Michelle and Patterson Gregory James
Current Estimated Value
$2,413,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,194,000
Outstanding Balance
$1,063,054
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,398,078

Purchase Details

Closed on
Jan 28, 2020
Sold by
Patterson Gregory J and Patterson Megan M
Bought by
Patterson Gregory J and Patterson Megan M

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 20, 2018
Sold by
Moratorio Alejandro and Thalmann Sarah
Bought by
Patterson Gregory J and Patterson Meagan M
Seller's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$1,699,000
Sold Price
$1,699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$1,189,300
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 17, 2016
Sold by
Long Beach Residential Holdings Llc
Bought by
Moratorio Alejandro and Thalman Sarah
Seller's Agent
Timothy Hurley
Berkshire Hathaway HomeService
Buyer's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
List Price
$1,495,000
Sold Price
$1,471,000
Premium/Discount to List
-$24,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$1,029,700
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2015
Sold by
Pierson Mary L
Bought by
Long Beach Residential Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,000
Interest Rate
3.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 4, 2003
Sold by
Scanlon Louise
Bought by
Pierson Mary L
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
Patterson Meagan Michelle -- First American Title
Patterson Gregory J -- None Available
Patterson Gregory J $1,664,000 Consumers Title Company
Moratorio Alejandro $1,471,000 Ticor Title
Long Beach Residential Holdings Llc $925,000 Ticor Title Company
Pierson Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Meagan Michelle $1,194,000
Closed Patterson Gregory J $1,189,300
Previous Owner Moratorio Alejandro $1,029,700
Previous Owner Long Beach Residential Holdings Llc $601,000
Previous Owner Pierson Mary L $544,185
Previous Owner Pierson Mary L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2018 12/25/18 Sold $1,699,000 0.0% $741 / Sq Ft
11/12/2018 11/12/18 For Sale $1,699,000 +15.5% $741 / Sq Ft
05/12/2016 05/12/16 Sold $1,471,000 -1.9% $641 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/01/2016 04/01/16 Price Changed $1,499,000 +0.3% $653 / Sq Ft
02/25/2016 02/25/16 For Sale $1,495,000 +61.6% $652 / Sq Ft
06/12/2015 06/12/15 Sold $925,000 -3.3% $403 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $957,000 -- $417 / 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 $20,903 $1,856,219 $1,484,977 $371,242
2024 $20,903 $1,819,823 $1,455,860 $363,963
2023 $20,514 $1,784,141 $1,427,314 $356,827
2022 $19,469 $1,749,159 $1,399,328 $349,831
2021 $19,409 $1,714,863 $1,371,891 $342,972
2020 $19,140 $1,697,280 $1,357,824 $339,456
2019 $18,553 $1,664,000 $1,331,200 $332,800
2018 $17,276 $1,530,427 $1,120,302 $410,125
2016 $10,822 $939,106 $751,285 $187,821
2015 $2,378 $151,928 $71,169 $80,759
2014 -- $148,953 $69,775 $79,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18271241

California Regional Multiple Listing Service (CRMLS)

APN: 7551-021-014