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26538 Basswood Avenue

26538 Basswood Avenue, Rancho Palos Verdes, CA 90275
Sold Oct 21, 2022
$1,758,000
$1,406,400 by Wintrust Mortgage
Mortgage Due Dec 01, 2052
Sold May 23, 2017
$1,355,000
26538 Basswood Avenue in Rancho Palos Verdes, CA was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 1962. 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 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 26538 Basswood Avenue has 1,802 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 750 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,133 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. 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 A. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. 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, 26538 Basswood Avenue sold most recently in Sep 9, 2022 for a total of $1,758,000. If you work out the math, that's approximately a cost of $975.58 per sqft. Before that, the property was also sold for $1,355,000 in May 4, 2017. 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 $16,636 in taxes each year. 26538 Basswood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,758,000. If we break it down further, the land itself was valued at $1,406,400. Improvements to the property, however, were assessed at a total of $351,600. The property's total assessed value has been marked as more than the total market value 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!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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • 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: 10,133
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,802
  • Building Area: 1,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,802
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 21351
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21351 LOT/SEC 54

Ownership

  • Current Owner : KHARKATS ALEXANDER
  • Current Owner 2: KHARKATS YEVGENIYA
  • Previous Owner : MONTGOMERIE LINDA
  • Owner Before Previous Owner: DRORBAUGH DAVID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670418

Zoning

  • Zoning: RPRS8000*

Geography

  • Assessors Map Reference: 72-E3
  • Subdivision Tract Number: 21351
  • Parcel: 7577-002-005
  • Lot: 54
  • Municipality: SOUTH /CENTRAL P V SFR
  • Latitude: 33.7865
  • Longitude: -118.377

    Address

  • Full Address: 26538 Basswood Ave
  • Address - House Number: 26538
  • Address - Street Name: Basswood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Rancho Palos Verdes
  • Carrier Code: C031
  • 4-Digit Zip Code: 2202
  • Zip Code: 90275

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,636
  • Tax Rate Code Area: 07-097

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,863,030
  • High Value: 2,279,843
  • Low Value: 1,446,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,406,400
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,406,400
  • 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: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,758,000
  • Assessed Land Value: $1,406,400
  • Assessed Improvements Value: $351,600

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Transaction ID: 11897703696
  • Current Sale Price: $1,758,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1008224
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Contract Date: May 04, 2017
  • Previous Sale Amount: $1,355,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONTGOMERIE LINDA
  • First Mortgage Transaction Date: Oct 21, 2022
  • First Mortgage Loan Amount: $1,406,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Rancho Palos Verdes



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Frequently Asked Questions

What neighborhood is 26538 Basswood Avenue located in?
The 26538 Basswood Avenue is a located in the neighborhood of Rancho Palos Verdes in Rancho Palos Verdes, Rancho Palos Verdes.
What is the average sales price for listings in 26538 Basswood Avenue?
The average sales price for units in 26538 Basswood Avenue is $0 currently.

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