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2504 Novato Place

2504 Novato Place, Palos Verdes Peninsula, CA 90274
Sold Apr 21, 2014
$1,555,000
$1,244,000 by Bank Of America Na
Mortgage Due May 01, 2044
2504 Novato Place in Palos Verdes Peninsula, CA was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2504 Novato Place has 2,337 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,930 ft and the linear feet between the front and back of the lot is 730. In total, the area measurement of the land is 14,088 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 2504 Novato Place was last sold in Apr 8, 2014 for $1,555,000. According to our calculations, that's $665.38 per sqft. Current property owners are expected to pay $20,584 in taxes per year. The property on 2504 Novato Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,832,190. To break that down further, the land itself was valued at $1,465,754. While improvements to the property were assessed at a total of $366,436. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1955
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • 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: 14,088
  • Lot Size Depth Feet: 730
  • Lot Size Frontage Feet: 1,930
  • Total Building Area: 2,337
  • Building Area: 2,337
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,337
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8652
  • Land Acres: 0.323
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8652 LOT/SEC 16 BLK/DIV/TWN1750

Ownership

  • Current Owner : HUNTER IAN MILROY
  • Current Owner 2: HUNTER JANE RISCH
  • Previous Owner : GOLDSWORTHY LOIS M
  • 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: 670326

Zoning

  • Zoning: PVR1*

Geography

  • Assessors Map Reference: 72-D3
  • Subdivision Tract Number: 8652
  • Parcel: 7545-015-017
  • Block: 1750
  • Lot: 16
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7904
  • Longitude: -118.387

    Address

  • Full Address: 2504 Novato Pl
  • Address - House Number: 2504
  • Address - Street Name: Novato
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C016
  • 4-Digit Zip Code: 2008
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,584
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 2,622,584
  • High Value: 3,218,693
  • Low Value: 2,026,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,244,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 21, 2014
  • First Open Lien Mortgage Loan Amount: $1,244,000
  • 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: May 01, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,832,190
  • Assessed Land Value: $1,465,754
  • Assessed Improvements Value: $366,436

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2014
  • Current Sale Recording Date: Apr 21, 2014
  • Current Sale Transaction ID: 1027897789
  • Current Sale Price: $1,555,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0401822

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 21, 2014
  • First Mortgage Loan Amount: $1,244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

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Frequently Asked Questions

What neighborhood is 2504 Novato Place located in?
The 2504 Novato Place 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 2504 Novato Place?
The average sales price for units in 2504 Novato Place is $0 currently.

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