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2126 Palos Verdes Drive West

2126 Palos Verdes Drive West, Palos Verdes Peninsula, CA 90274
Sold Feb 11, 2021
$1,050,000
$822,375 by Home Point Financial Corporati
Mortgage Due Mar 01, 2051
Sold Feb 09, 2012
$800,000
Local assessors in Palos Verdes Peninsula, CA have categorized 2126 Palos Verdes Drive West as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 8,366 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 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 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2126 Palos Verdes Drive West has a total of 3,619 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 - D. Residents rely on central air conditioning for their cooling system. The home's a central 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, 2126 Palos Verdes Drive West sold most recently in Feb 1, 2021 for a total of $1,050,000. If you work out the math, that's approximately a cost of $290.14 per sqft. Before that, the property was also sold for $800,000 in Jan 30, 2012. 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 $11,990 in taxes each year. 2126 Palos Verdes Drive West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,092,420. If we break it down further, the land itself was valued at $520,200. Improvements to the property, however, were assessed at a total of $572,220. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,366
  • Total Building Area: 3,619
  • Building Area: 3,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,619
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALOS VERDES TOWNHOMES
  • Land Acres: 0.192
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: P M 307-79-80 LOT 1 CONDO UNIT 1 (AIRSP ACE AND 1/2 INT IN COMMON AREA)

Ownership

  • Current Owner : CAUSLEY MICHAEL P
  • Current Owner 2: CAUSLEY AUDREY R
  • Previous Owner : ODUOZA PHILLIPS BEN
  • Owner Before Previous Owner: MRDD UNITED LLC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670328

Zoning

  • Zoning: PVRM*

Geography

  • Parcel: 7543-021-016
  • Lot: 1
  • Municipality: SOUTH /P.V. CONDO
  • Latitude: 33.7761
  • Longitude: -118.417

    Address

  • Full Address: 2126 Palos Verdes Dr W
  • Address - House Number: 2126
  • Street Segment Direction: W
  • Address - Street Name: Palos Verdes
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C014
  • 4-Digit Zip Code: 2733
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,990
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 1,462,645
  • High Value: 1,789,985
  • Low Value: 1,135,305

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $944,875
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Feb 11, 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: QUORUM FEDERAL CU
  • Second Open Lien Mortgage Recording Date: Feb 11, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $122,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,092,420
  • Assessed Land Value: $520,200
  • Assessed Improvements Value: $572,220

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11816596396
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0241669
  • Previous Sale Recording Date: Feb 09, 2012
  • Previous Sale Contract Date: Jan 30, 2012
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $822,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 2126 Palos Verdes Drive West located in?
The 2126 Palos Verdes Drive West is a townhouse located in the neighborhood of Palos Verdes Estates in Palos Verdes Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 2126 Palos Verdes Drive West?
The average sales price for units in 2126 Palos Verdes Drive West is $0 currently.

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