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1629 Via Margarita

1629 Via Margarita, Palos Verdes Peninsula, CA 90274
Sold Jul 27, 2018
$3,100,000
$2,300,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2048
Sold May 13, 2008
$3,250,000
Local assessors in Palos Verdes Peninsula, CA have categorized 1629 Via Margarita as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 20,777 square feet. The linear feet between the front and back of the lot was measured at 1,880 ft and the front of the lot was measured at 1,100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 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 4 full bathrooms. There are also 4 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 1629 Via Margarita has a total of 4,348 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. 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 - D. The building has a gable style roof that was made of tile. 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. 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, 1629 Via Margarita was last sold in Jul 16, 2018 for $3,100,000. According to our calculations, that's $712.97 per sqft. Prior to that sales transaction, the property was sold for $3,250,000 in Mar 28, 2008. Current property owners are expected to pay $36,625 in taxes per year. The property on 1629 Via Margarita was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,323,824. To break that down further, the land itself was valued at $2,659,060. While improvements to the property were assessed at a total of $664,764. 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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,777
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 4,348
  • Building Area: 4,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 7538
  • Land Acres: 0.477
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7538 LOT/SEC 8 BLK/DIV/TWN 17

Ownership

  • Current Owner : SEIDEL TIMOTHY J
  • Current Owner 2: SEIDEL KIMBERLY K
  • Previous Owner : CHEN PHILIP C
  • Previous Owner 2: SLATTERY COLLEEN M
  • Owner Before Previous Owner: OVERBEEK FRANK
  • Owner Before Previous Owner 2: DELPHIN TIN
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PVR1*

Geography

  • Assessors Map Reference: 72-C4
  • Subdivision Tract Number: 7538
  • Parcel: 7544-024-008
  • Block: 17
  • Lot: 8
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7835
  • Longitude: -118.394

    Address

  • Full Address: 1629 Via Margarita
  • Address - House Number: 1629
  • Address - Street Name: Via Margarita
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C028
  • 4-Digit Zip Code: 2147
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,625
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 3,815,744
  • High Value: 4,554,125
  • Low Value: 3,077,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,300,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 27, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,300,000
  • 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: Aug 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,323,824
  • Assessed Land Value: $2,659,060
  • Assessed Improvements Value: $664,764

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2018
  • Current Sale Recording Date: Jul 27, 2018
  • Current Sale Transaction ID: 11484972212
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0753081
  • Previous Sale Recording Date: May 13, 2008
  • Previous Sale Contract Date: Mar 28, 2008
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 27, 2018
  • First Mortgage Loan Amount: $2,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 1629 Via Margarita located in?
The 1629 Via Margarita 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 1629 Via Margarita?
The average sales price for units in 1629 Via Margarita is $0 currently.

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