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24 Palos Verdes Lane

24 Palos Verdes Lane, Palos Verdes Peninsula, CA 90274
Sold Jan 04, 2011
$868,500
$510,400 by Constant Investments Inc
Mortgage Due Sep 01, 2050
Local assessors in Palos Verdes Peninsula, CA have categorized 24 Palos Verdes Lane as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 17,068 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 950 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 8 rooms in the home. Of these, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24 Palos Verdes Lane has a total of 2,110 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - A. The building has a hip style roof that was made of wood shake/ shingles. 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, 24 Palos Verdes Lane was last sold in Nov 23, 2010 for $868,500. According to our calculations, that's $411.61 per sqft. Current property owners are expected to pay $12,440 in taxes per year. The property on 24 Palos Verdes Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,101,501. To break that down further, the land itself was valued at $855,591. While improvements to the property were assessed at a total of $245,910. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1983
  • 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: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,068
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,110
  • Building Area: 2,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 14892
  • Land Acres: 0.392
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 14892 LOT/SEC 29

Ownership

  • Current Owner : KONG JAMES
  • Previous Owner : ZENK LINDA
  • Previous Owner 2: ZENK RONALD I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670202

Zoning

  • Zoning: RERA20000*

Geography

  • Assessors Map Reference: 72-F3
  • Subdivision Tract Number: 14892
  • Parcel: 7575-016-011
  • Lot: 29
  • Municipality: SOUTH /CENTRAL P V SFR
  • Latitude: 33.7869
  • Longitude: -118.358

    Address

  • Full Address: 24 Palos Verdes Ln
  • Address - House Number: 24
  • Address - Street Name: Palos Verdes
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Rolling Hills Estates
  • Carrier Code: C036
  • 4-Digit Zip Code: 2467
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,440
  • Tax Rate Code Area: 07-100

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 68
  • Final Value: 1,897,346
  • High Value: 2,328,429
  • Low Value: 1,466,263

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,010,400
  • First Open Lien Mortgage Lender: CONSTANT INVESTMENTS INC
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: BANK OF THE WEST
  • Second Open Lien Mortgage Recording Date: Sep 08, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $500,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,101,501
  • Assessed Land Value: $855,591
  • Assessed Improvements Value: $245,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2010
  • Current Sale Recording Date: Jan 04, 2011
  • Current Sale Transaction ID: 1015023034
  • Current Sale Price: $868,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-0008374

    Last Sale Mortgage

  • First Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • First Mortgage Transaction Date: Jan 04, 2011
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2041

About Rolling Hills Estates



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Frequently Asked Questions

What neighborhood is 24 Palos Verdes Lane located in?
The 24 Palos Verdes Lane is a located in the neighborhood of Rolling Hills Estates in Rolling Hills Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 24 Palos Verdes Lane?
The average sales price for units in 24 Palos Verdes Lane is $0 currently.

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