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1541 South Palos Verdes Street

1541 South Palos Verdes Street, San Pedro, CA 90731
Sold Jun 24, 1994
$154,000
$225,000 by Hometown Equity Mortgage
Mortgage Due Apr 01, 2051
Local assessors in San Pedro, CA have categorized 1541 South Palos Verdes Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 4,508 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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. If we look only at the heated or air conditioned part of the building, then 1541 South Palos Verdes Street has a total of 1,568 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. 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 home's floor/wall heating system is the primary heating source. 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, 1541 South Palos Verdes Street sold most recently in Jan 1, 1970 for a total of $154,000. If you work out the math, that's approximately a cost of $98.21 per sqft. 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 $2,913 in taxes each year. 1541 South Palos Verdes Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $232,028. If we break it down further, the land itself was valued at $165,738. Improvements to the property, however, were assessed at a total of $66,290. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,508
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR VIEW
  • Land Acres: 0.104
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PART OF THE TOWN OF SAN PEDRO SHOWING THE HARBOR VIEW SUB OF BLKS 31,32,62,63&64 LOT/SEC 18 BLK/DIV/TWN 62

Ownership

  • Current Owner : GONZALEZ RAFAEL
  • Current Owner 2: GONZALEZ MARGARITA
  • Previous Owner : DRAKE JAMES H
  • Previous Owner 2: DRAKE JACQUELINE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 297120

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 79-A4
  • Parcel: 7456-020-017
  • Block: 31,32
  • Lot: 18
  • Municipality: SOUTH /SAN PEDRO R I
  • Latitude: 33.7298
  • Longitude: -118.282

    Address

  • Full Address: 1541 S Palos Verdes St
  • Address - House Number: 1541
  • Street Direction: S
  • Address - Street Name: Palos Verdes
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Pedro
  • Carrier Code: C006
  • 4-Digit Zip Code: 4842
  • Zip Code: 90731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,913
  • Tax Rate Code Area: 00-014

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 797,743
  • High Value: 974,439
  • Low Value: 621,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: HOMETOWN EQUITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,028
  • Assessed Land Value: $165,738
  • Assessed Improvements Value: $66,290

    Sales

  • Current Sale Recording Date: Jun 24, 1994
  • Current Sale Transaction ID: 1027529173
  • Current Sale Price: $154,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-1209573

    Last Sale Mortgage

  • First Mortgage Lender: JAMES H DRAKE
  • First Mortgage Transaction Date: Jun 24, 1994
  • First Mortgage Loan Amount: $139,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Harbor



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Frequently Asked Questions

What neighborhood is 1541 South Palos Verdes Street located in?
The 1541 South Palos Verdes Street is a located in the neighborhood of Coastal San Pedro in Harbor, San Pedro.
What is the average sales price for listings in 1541 South Palos Verdes Street?
The average sales price for units in 1541 South Palos Verdes Street is $0 currently.

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