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1632 Espinosa Circle

1632 Espinosa Circle, Palos Verdes Peninsula, CA 90274
Sold Dec 11, 2003
$925,000
$822,375 by Loandepot.com Llc
Mortgage Due Oct 01, 2051
Sold May 29, 2003
$750,000
$75,000 by Greenpoint Mortgage Funding In
Mortgage Due Jun 01, 2018
1632 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1969. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 1632 Espinosa Circle has 1,646 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 990 ft and across the front of the lot is 730 ft. The area measurement of the land has been determined as 7,264 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 A by the local assessor. The building has a gable style roof made of wood shake/ shingles. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1632 Espinosa Circle was last sold in Dec 2, 2003 for $925,000. According to our calculations, that's $561.97 per sqft. Prior to that sales transaction, the property was sold for $750,000 in Apr 23, 2003. Current property owners are expected to pay $14,584 in taxes per year. The property on 1632 Espinosa Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,514,325. To break that down further, the land itself was valued at $1,126,945. While improvements to the property were assessed at a total of $387,380. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1954
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,264
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,646
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6889
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6889 LOT/SEC 11 BLK/DIV/TWN1482

Ownership

  • Current Owner : CORREA MARK
  • Previous Owner : COLEMAN JAMES L
  • Previous Owner 2: COLEMAN MARY A
  • Owner Before Previous Owner: KANE JUNE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

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: 7541-031-011
  • Block: 1482
  • Lot: 11
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7836
  • Longitude: -118.408

    Address

  • Full Address: 1632 Espinosa Cir
  • Address - House Number: 1632
  • Address - Street Name: Espinosa
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C021
  • 4-Digit Zip Code: 1920
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,584
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,808,672
  • High Value: 2,212,374
  • Low Value: 1,404,969

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $852,375
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $822,375
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Jan 27, 2022
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,514,325
  • Assessed Land Value: $1,126,945
  • Assessed Improvements Value: $387,380

    Sales

  • Current Sale Contract Date: Dec 02, 2003
  • Current Sale Recording Date: Dec 11, 2003
  • Current Sale Transaction ID: 1032782629
  • Current Sale Price: $925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 03-3742724
  • Previous Sale Recording Date: May 29, 2003
  • Previous Sale Contract Date: Apr 23, 2003
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY SAVINGS & LOAN ASSOCIAT
  • First Mortgage Transaction Date: Dec 11, 2003
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • Previous Mortgage Transaction Date: May 29, 2003
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jun 01, 2018

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 1632 Espinosa Circle located in?
The 1632 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 1632 Espinosa Circle?
The average sales price for units in 1632 Espinosa Circle is $0 currently.

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