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1521 Espinosa Circle

1521 Espinosa Circle, Palos Verdes Peninsula, CA 90274
Sold Mar 22, 2017
$1,549,000
$1,049,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2047
Sold Aug 08, 2007
$1,400,000
$1,000,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2037
1521 Espinosa Circle has been categorized by the local assessors in Palos Verdes Peninsula, CA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1521 Espinosa Circle has 1,820 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 7,074 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 7, 2017 for $1,549,000. That's $851.10 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 2007 for $1,400,000. 1521 Espinosa Circle was last assessed in 2023. The total value of the property was assessed at $1,727,933. Specifically, the land the property is located on was valued at $1,382,348. While improvements on the property were assessed at a total of $345,585. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $19,382. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,074
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6889
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6889 LOT/SEC 11 BLK/DIV/TWN1375

Ownership

  • Current Owner : WATSON JAMES ALAN
  • Current Owner 2: WATSON COLLEEN
  • Previous Owner : COHEN MICHELE GAIL
  • Previous Owner 2: BELL ROBERT
  • Owner Before Previous Owner: BURRAGE JEFF A
  • Owner Before Previous Owner 2: BURRAGE WENDY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670326

Zoning

  • Zoning: PVR1YY

Geography

  • Assessors Map Reference: 72-B4
  • Subdivision Tract Number: 6889
  • Parcel: 7541-030-010
  • Block: 1375
  • Lot: 11
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7832
  • Longitude: -118.41

    Address

  • Full Address: 1521 Espinosa Cir
  • Address - House Number: 1521
  • Address - Street Name: Espinosa
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C021
  • 4-Digit Zip Code: 1968
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,382
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,280,868
  • High Value: 2,788,495
  • Low Value: 1,773,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,049,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2017
  • First Open Lien Mortgage Loan Amount: $1,049,000
  • 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: Apr 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,727,933
  • Assessed Land Value: $1,382,348
  • Assessed Improvements Value: $345,585

    Sales

  • Current Sale Contract Date: Feb 07, 2017
  • Current Sale Recording Date: Mar 22, 2017
  • Current Sale Transaction ID: 1806420131
  • Current Sale Price: $1,549,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0324626
  • Previous Sale Recording Date: Aug 08, 2007
  • Previous Sale Contract Date: Jul 26, 2007
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 22, 2017
  • First Mortgage Loan Amount: $1,049,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 08, 2007
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 1521 Espinosa Circle located in?
The 1521 Espinosa Circle is a located in the neighborhood of Palos Verdes Estates in Palos Verdes Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 1521 Espinosa Circle?
The average sales price for units in 1521 Espinosa Circle is $0 currently.

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