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10 Empty Saddle Road

10 Empty Saddle Road, Palos Verdes Peninsula, CA 90274
Sold Sep 13, 2022
$2,000,000
$1,150,000 by Us Bank National Association
Mortgage Due Oct 01, 2052
Sold Aug 13, 2020
$1,775,000
$700,000 by Us Bank Na
Mortgage Due Sep 01, 2050
Local assessors in Palos Verdes Peninsula, CA have categorized 10 Empty Saddle Road as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1953. The property's lot size has been calculated to be 28,927 square feet. The linear feet between the front and back of the lot was measured at 1,950 ft and the front of the lot was measured at 1,500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10 Empty Saddle Road has a total of 2,696 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Empty Saddle Road sold most recently in Jul 22, 2022 for a total of $2,000,000. If you work out the math, that's approximately a cost of $741.84 per sqft. Before that, the property was also sold for $1,775,000 in Feb 28, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,367 in taxes each year. 10 Empty Saddle Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,000,000. If we break it down further, the land itself was valued at $1,600,000. Improvements to the property, however, were assessed at a total of $400,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 28,927
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,696
  • Building Area: 2,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANCHO LOS PALOS VERDES
  • Land Acres: 0.664
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L A CO ASSESSOR MAP NO 51 0.67 MORE OR LESS AC COM S 86 3050 W 403.02 FT AND S 3 2910 E 40 FT AND S 4 5835 W 231.16 FT FROM SW COR OF LOT 177 TH S 4 5835 W 90 FT TH S 7 1240 W 76.72 FT BEG PART OF LOT/SEC 12

Ownership

  • Current Owner : MELILLO BRANDON
  • Current Owner 2: MELILLO MELANIE
  • Previous Owner : MELILLO FAMILY TRUST
  • Owner Before Previous Owner: DEAN ANN MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670201

Zoning

  • Zoning: RERA2L

Geography

  • Assessors Map Reference: 73-B4
  • Parcel: 7551-008-017
  • Lot: 177
  • Municipality: SOUTH /ROLL HL EST SFR
  • Latitude: 33.7807
  • Longitude: -118.34

    Address

  • Full Address: 10 Empty Saddle Rd
  • Address - House Number: 10
  • Address - Street Name: Empty Saddle
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Rolling Hills Estates
  • Carrier Code: C013
  • 4-Digit Zip Code: 4124
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,367
  • Tax Rate Code Area: 07-100

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,032,938
  • High Value: 2,485,386
  • Low Value: 1,580,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,150,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Sep 13, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000,000
  • Assessed Land Value: $1,600,000
  • Assessed Improvements Value: $400,000

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Transaction ID: 11895705007
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 896554
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Feb 28, 2020
  • Previous Sale Amount: $1,775,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Sep 13, 2022
  • First Mortgage Loan Amount: $1,150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Aug 13, 2020
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 10 Empty Saddle Road located in?
The 10 Empty Saddle Road is a house located in the neighborhood of Rolling Hills Estates in Rolling Hills Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 10 Empty Saddle Road?
The average sales price for units in 10 Empty Saddle Road is $0 currently.

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