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3428 Palos Verdes Drive North

3428 Palos Verdes Drive North, Palos Verdes Peninsula, CA 90274
Sold Oct 06, 2017
$1,210,000
$820,000 by Loandrone Inc
Mortgage Due Jun 01, 2051
Sold Oct 31, 2016
$1,000,000
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3428 Palos Verdes Drive North has been categorized by the local assessors in Palos Verdes Peninsula, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3428 Palos Verdes Drive North has 1,672 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 590 ft. The area measurement of the land has been determined as 7,084 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 3428 Palos Verdes Drive North sold most recently in Aug 29, 2017 for a total of $1,210,000. If you work out the math, that's approximately a cost of $723.68 per sqft. Before that, the property was also sold for $1,000,000 in Oct 19, 2016. 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 $15,125 in taxes each year. 3428 Palos Verdes Drive North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,323,307. If we break it down further, the land itself was valued at $1,058,647. Improvements to the property, however, were assessed at a total of $264,660. 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: 1954
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7,084
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6883
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6883 LOT/SEC 18 BLK/DIV/TWN1900

Ownership

  • Current Owner : TRAN ERIC
  • Current Owner 2: TRAN ANHDAO
  • Previous Owner : QUALTECH LLC
  • Owner Before Previous Owner: COMERICA BANK & TRUST NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670324

Zoning

  • Zoning: PVR1YY

Geography

  • Assessors Map Reference: 73-B4
  • Subdivision Tract Number: 6883
  • Parcel: 7538-018-005
  • Block: 1900
  • Lot: 18
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.8018
  • Longitude: -118.371

    Address

  • Full Address: 3428 Palos Verdes Dr N
  • Address - House Number: 3428
  • Street Segment Direction: N
  • Address - Street Name: Palos Verdes
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C041
  • 4-Digit Zip Code: 1033
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,125
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,700,760
  • High Value: 2,080,377
  • Low Value: 1,321,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: LOANDRONE INC
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $820,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,323,307
  • Assessed Land Value: $1,058,647
  • Assessed Improvements Value: $264,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2017
  • Current Sale Recording Date: Oct 06, 2017
  • Current Sale Transaction ID: 1736873034
  • Current Sale Price: $1,210,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1151432
  • Previous Sale Recording Date: Oct 31, 2016
  • Previous Sale Contract Date: Oct 19, 2016
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KINECTA FCU
  • First Mortgage Transaction Date: Oct 06, 2017
  • First Mortgage Loan Amount: $968,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 3428 Palos Verdes Drive North located in?
The 3428 Palos Verdes Drive North is a house located in the neighborhood of Palos Verdes Estates in Palos Verdes Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 3428 Palos Verdes Drive North?
The average sales price for units in 3428 Palos Verdes Drive North is $0 currently.

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