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14 Covered Wagon Lane

14 Covered Wagon Lane, Palos Verdes Peninsula, CA 90274
Sold Sep 01, 2010
$1,480,000
$729,750 by Bank Of America Na
Mortgage Due Sep 01, 2040
Sold Jan 25, 1996
$645,000
$200,000 by Keros Mozilo Mtg
Mortgage Due Feb 01, 2026
Local assessors in Palos Verdes Peninsula, CA have categorized 14 Covered Wagon Lane as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 12,087 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 860 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 13 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14 Covered Wagon Lane has a total of 3,352 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. 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. Residents rely on central air conditioning for their cooling system. 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, 14 Covered Wagon Lane sold most recently in Aug 10, 2010 for a total of $1,480,000. If you work out the math, that's approximately a cost of $441.53 per sqft. Before that, the property was also sold for $645,000 in Dec 14, 1995. 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 $19,930 in taxes each year. 14 Covered Wagon Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,822,501. If we break it down further, the land itself was valued at $922,826. Improvements to the property, however, were assessed at a total of $899,675. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,087
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 860
  • Total Building Area: 3,352
  • Building Area: 3,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 30420
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=30420 LOT/SEC 68

Ownership

  • Current Owner : WANG DAVID H
  • Current Owner 2: WANG LISA S
  • Previous Owner : KANG SUK H
  • Previous Owner 2: KANG SOON HEE
  • Owner Before Previous Owner: CALIFORNIA FEDERAL BANK FSB
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670406

Zoning

  • Zoning: RERPD2U*

Geography

  • Assessors Map Reference: 72-D6
  • Subdivision Tract Number: 30420
  • Parcel: 7585-024-029
  • Lot: 68
  • Municipality: SOUTH /CENTRAL P V SFR
  • Latitude: 33.7632
  • Longitude: -118.383

    Address

  • Full Address: 14 Covered Wagon Ln
  • Address - House Number: 14
  • Address - Street Name: Covered Wagon
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Rolling Hills Estates
  • Carrier Code: C025
  • 4-Digit Zip Code: 4822
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,930
  • Tax Rate Code Area: 07-100

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,619,609
  • High Value: 3,202,626
  • Low Value: 2,036,592

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,029,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 01, 2010
  • First Open Lien Mortgage Loan Amount: $729,750
  • 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: Sep 01, 2040
  • Second Open Lien Mortgage Lender: NATIONWIDE BANK
  • Second Open Lien Mortgage Recording Date: Jul 12, 2016
  • Second Open Lien Mortgage Loan Amount: $300,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,822,501
  • Assessed Land Value: $922,826
  • Assessed Improvements Value: $899,675

    Sales

  • Current Sale Contract Date: Aug 10, 2010
  • Current Sale Recording Date: Sep 01, 2010
  • Current Sale Transaction ID: 1032134428
  • Current Sale Price: $1,480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-1230090
  • Previous Sale Recording Date: Jan 25, 1996
  • Previous Sale Contract Date: Dec 14, 1995
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 01, 2010
  • First Mortgage Loan Amount: $729,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: KEROS MOZILO MTG
  • Previous Mortgage Transaction Date: Jan 25, 1996
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2026

About Rolling Hills Estates



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Frequently Asked Questions

What neighborhood is 14 Covered Wagon Lane located in?
The 14 Covered Wagon Lane is a located in the neighborhood of Rolling Hills Estates in Rolling Hills Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 14 Covered Wagon Lane?
The average sales price for units in 14 Covered Wagon Lane is $0 currently.

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