NOT LISTED FOR SALE

616 Paseo Lunado Palos Verdes Estates, CA 90274

Estimated Value: $2,380,000 - $2,757,000

4 Beds
3 Baths
2,737 Sq Ft
$914/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $1,600,000 $585 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $15,325/month

94 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Cape Cod Architecture
  • Silver Spur Elementary School Rated A+
  • Primary Bedroom Suite
  • 4-minute walk to Lunada Canyon Trailhead

About This Home

As of July 2020

Diamond in the rough in one of the most exclusive neighborhoods in Palos Verdes. Classic Cape Cod style in Lower Lunada Bay is the perfect place for you. Across from a picturesque greenbelt, this 4 bedroom 3 bath home sits on a generous flat lot near the bluffs, with a large grassy backyard, peek of the ocean from the back patio, lots of ocean from the front sidewalk. Two master suites with cedar lined closets, upstairs master bedroom & bath also have peek of ocean, formal dining room and family room, living room wood burning fireplace framed in terrazzo tile. Separate laundry room with exterior access leads to long driveway and two car garage with workshop area. A few houses from Lunada Bay Elementary School, excellent school district. Close to shops, restaurants, and Trader Joe's. Three miles from world class Terranea Resort, 18 miles from LAX. Ready for your imagination, update into your dream. Entertaining 'as is' offers on this house. Virtual tour https://www.seetheproperty.com/u/341195

Last Agent to Sell the Property

Diane Stone

Compass License #01823115 Listed on: 03/06/2020

Compass

Last Buyer's Agent

Jesse Dougherty

Compass License #01949609

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,353

Year Built

  • Built in 1962

Lot Details

  • 9,584 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre
  • Property is zoned PVR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,737 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 8 / 2231
  • Tax Tract Number 7144
  • Assessor Parcel Number 7542026030

Community Details

Overview

  • Property has a Home Owners Association
  • Palos Verdes Homes Association And Art Jury Association, Phone Number (310) 373-6721

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,353

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542026030
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2737.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Family Room, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 584.58
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Two Masters
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: Neighborhood, Ocean, Park/Greenbelt, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Palos Verdes Homes Association and Art Jury
  • Phone: 310-373-6721
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Hiking
  • Association Management: Palos Verdes Homes Association and Art Jury

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9584.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9584.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2231
  • Tax Census Tract: 6703.28
  • Tax Lot: 8
  • Tax Tract Number: 7144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 12, 2020
Sold by
Vuncanon Andrew M and Vuncanon Survivor S Trust
Bought by
Perez Ruben and Perez Cynthia Teer
Seller's Agent
Diane Stone
Compass
Buyer's Agent
Jesse Dougherty
Compass
List Price
$1,699,000
Sold Price
$1,600,000
Premium/Discount to List
-$99,000
-5.83%
Current Estimated Value
$2,501,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$901,363
Avg. Annual Appreciation
10.67%
Original Mortgage
$600,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2013
Sold by
Vuncanon Andrew M
Bought by
Vuncanon Andrew M and Vuncanon Survivors Trust A

Purchase Details

Closed on
Jul 15, 1999
Sold by
Vuncanon James C
Bought by
Vuncanon James C and Vuncanon 1986 Trust
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
Perez Ruben $1,600,000 Progressive Title Co Inc
Vuncanon Andrew M -- None Available
Vuncanon James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Ruben $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $1,600,000 -3.0% $585 / Sq Ft
06/29/2020 06/29/20 Price Changed $1,650,000 -2.9% $603 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $1,699,000 +6.2% $621 / Sq Ft
03/21/2020 03/21/20 Off Market $1,600,000 -- --
03/06/2020 03/06/20 For Sale $1,699,000 -- $621 / 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 $20,353 $1,731,889 $1,385,512 $346,377
2024 $20,353 $1,697,932 $1,358,346 $339,586
2023 $19,987 $1,664,640 $1,331,712 $332,928
2022 $19,015 $1,632,000 $1,305,600 $326,400
2021 $19,020 $1,600,000 $1,280,000 $320,000
2020 $3,866 $194,534 $78,208 $116,326
2019 $3,793 $190,721 $76,675 $114,046
2018 $3,680 $186,982 $75,172 $111,810
2016 $3,457 $179,723 $72,254 $107,469
2015 $3,410 $177,024 $71,169 $105,855
2014 $3,367 $173,557 $69,775 $103,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20048743

California Regional Multiple Listing Service (CRMLS)

APN: 7542-026-030