See Home Value
$1,980,000 - $2,420,000
House - Off Market

22 Margate

Palos Verdes Estates, CA 90274
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2293 Sqft
Sold Feb 28, 2014
$1,360,000
$858,000 by Mortgage 2000 Inc
Mortgage Due Jan 01, 2052
Sold Feb 28, 2007
$1,395,000
$945,000 by Akt American Capital Corp
Mortgage Due Mar 01, 2037

About This Property

This charming two-story home features a large front courtyard,3 bedrooms ( one downstairs bedroom has a closet in the hall), and 3 bathrooms, in 2293 sq ft. There is a gourmet kitchen with granite countertops and stainless steel appliances, as well as an island with seating and a breakfast nook. There is a spacious living room with a fireplace, and a formal dining room all with vaulted ceilings. The serene backyard includes a pool and spa overlooked by a large patio off the main bedroom upstairs where you can lounge and enjoy the peek of ocean views and sunsets. The spacious primary bedroom includes a fireplace and high ceilings with a remodeled en-suite bathroom. The second upstairs bedroom includes skylights, a reading nook, and an en-suite remodeled bathroom. This lower Lunada Bay home is situated on a quiet cul-de-sac that provides both sanctuary and proximity to schools, shopping, and the picturesque bluffs of Palos Verdes Estates!

The manager has listed the unit size as 2293 square feet.
Unit Size
2,293Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$959
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Feb 21, 2024 No longer available -
No longer available
Nov 12, 2023 Price Decreased $2,200,000
↓ $125K (5.4%)
Price Decreased
Oct 13, 2023 Listed $2,325,000
Listed
Aug 25, 2022 No longer available -
No longer available
Aug 4, 2022 Price Decreased $2,050,000
↓ $249K (10.8%)
Price Decreased
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,004
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,293
  • Building Area: 2,293
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,293
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7140
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7140 LOT/SEC 26 BLK/DIV/TWN1277

Ownership

  • Current Owner : FATHI MD ALIREZA
  • Previous Owner : DOX JAMES M
  • Owner Before Previous Owner: ALEXANDER JOHN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PVR1*

Geography

  • Assessors Map Reference: 72-B4
  • Subdivision Tract Number: 7140
  • Parcel: 7541-012-025
  • Block: 1277
  • Lot: 26
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7828
  • Longitude: -118.415

    Address

  • Full Address: 22 Margate Sq
  • Address - House Number: 22
  • Address - Street Name: Margate
  • Address - Suffix Type: Sq
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C024
  • 4-Digit Zip Code: 1843
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,745
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 2,186,996
  • High Value: 2,335,191
  • Low Value: 2,038,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $858,000
  • First Open Lien Mortgage Lender: MORTGAGE 2000 INC
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $858,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,654,857
  • Assessed Land Value: $1,116,635
  • Assessed Improvements Value: $538,222

    Sales

  • Current Sale Contract Date: Feb 03, 2014
  • Current Sale Recording Date: Feb 28, 2014
  • Current Sale Transaction ID: 1027880604
  • Current Sale Price: $1,360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0211191
  • Previous Sale Recording Date: Feb 28, 2007
  • Previous Sale Contract Date: Feb 01, 2007
  • Previous Sale Amount: $1,395,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KINECTA FCU
  • First Mortgage Transaction Date: Feb 28, 2014
  • First Mortgage Loan Amount: $1,088,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AKT AMERICAN CAPITAL CORP
  • Previous Mortgage Transaction Date: Feb 28, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $945,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,031 ft²
$1,174/ft²
$2,385,000 Sep 10, 2023
-
-
House
3 Beds
2.5 Baths
1,876 ft²
$1,066/ft²
$2,000,000 Jul 13, 2023
-
-
House
4 Beds
3 Baths
2,499 ft²
$950/ft²
$2,375,000 Aug 16, 2023
-
-
House
4 Beds
3 Baths
2,707 ft²
$924/ft²
$2,500,000 Jan 3, 2023
-
-

About Palos Verdes Estates


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Frequently Asked Questions

When was property at 22 Margate Square built and last sold?
The property at 22 Margate Square was built in 1962 and last sold on Feb 3, 2014 for $1,360,000.
How much is this home worth?
The estimated value of the home located at 22 Margate Square is $2,264,587.
What are some comparable homes to 22 Margate Square?
Homes that are comparable to 22 Margate Square include a house property at 1109 Via Curva, 64 Margate Square, 2037 Palos Verdes Drive West.

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