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1616 Via Lazo

1616 Via Lazo, Palos Verdes Peninsula, CA 90274
Sold Jun 15, 2007
$1,682,000
$840,000 by Mufg Union Bank Na
Mortgage Due Jan 01, 2049
Local assessors in Palos Verdes Peninsula, CA have categorized 1616 Via Lazo as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 10,951 square feet. The linear feet between the front and back of the lot was measured at 1,480 ft and the front of the lot was measured at 740 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 11 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 1616 Via Lazo has a total of 2,976 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 hip style roof that was made of tile. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1616 Via Lazo was last sold in May 17, 2007 for $1,682,000. According to our calculations, that's $565.19 per sqft. Current property owners are expected to pay $24,207 in taxes per year. The property on 1616 Via Lazo was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,165,879. To break that down further, the land itself was valued at $1,732,683. While improvements to the property were assessed at a total of $433,196. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1963
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,951
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,976
  • Building Area: 2,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6884
  • Land Acres: 0.251
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6884 SW 30 FT OF LOT 18 MEASURED ON NW LINE OF SD LOT AND NE 45 FT MEASURED ON NW LINE OF LOT/SEC 19 BLK/DIV/TWN1534

Ownership

  • Current Owner : HONG AARON S
  • Current Owner 2: HONG HELEN H
  • Previous Owner : JACOBS DAVID
  • Previous Owner 2: JACOBS JANET HERALD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PVR1YY

Geography

  • Assessors Map Reference: 72-C2
  • Subdivision Tract Number: 6884
  • Parcel: 7540-030-021
  • Block: 1534
  • Lot: 18
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7953
  • Longitude: -118.402

    Address

  • Full Address: 1616 Via Lazo
  • Address - House Number: 1616
  • Address - Street Name: Via Lazo
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C006
  • 4-Digit Zip Code: 1248
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,207
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,137,130
  • High Value: 3,860,623
  • Low Value: 2,413,637

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $2,303,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Jan 03, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $840,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Second Open Lien Mortgage Lender: MUFG UNION BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 02, 2020
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $850,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2050
  • Third Open Lien Mortgage Lender: MUFG UNION BANK NA
  • Third Open Lien Mortgage Recording Date: May 15, 2020
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $613,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jun 15, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,165,879
  • Assessed Land Value: $1,732,683
  • Assessed Improvements Value: $433,196

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2007
  • Current Sale Recording Date: Jun 15, 2007
  • Current Sale Transaction ID: 1031828236
  • Current Sale Price: $1,682,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1449625

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Jun 15, 2007
  • First Mortgage Loan Amount: $1,261,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1616 Via Lazo located in?
The 1616 Via Lazo 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 1616 Via Lazo?
The average sales price for units in 1616 Via Lazo is $0 currently.

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