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629 Palos Verdes Drive West

629 Palos Verdes Drive West, Palos Verdes Peninsula, CA 90274
Sold May 17, 2002
$1,040,000
$650,000 by American Internet Mtg Inc
Mortgage Due Jun 01, 2032
Sold May 03, 2000
$760,000
$570,000 by Malaga Bank Ssb
Mortgage
629 Palos Verdes Drive West in Palos Verdes Peninsula, CA was first built in 1958 and is 66 years old. 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. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 629 Palos Verdes Drive West has 2,159 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 650 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 8,869 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of tile. 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. The property was last sold in Jan 28, 2002 for $1,040,000. That's $481.70 per sqft. Prior to that sales transaction, the property was also sold in Mar 16, 2000 for $760,000. 629 Palos Verdes Drive West was last assessed in 2023. The total value of the property was assessed at $1,476,720. Specifically, the land the property is located on was valued at $867,575. While improvements on the property were assessed at a total of $609,145. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $16,822. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,869
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,159
  • Building Area: 2,159
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,159
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8523
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8523 LOT/SEC 22 BLK/DIV/TWN1426

Ownership

  • Current Owner : GILBERTSON RUSSELL M
  • Current Owner 2: GILBERTSON WENDY J
  • Previous Owner : BENNETT CHARLES A
  • Owner Before Previous Owner: EMBERSON MARY A TR MARY EMBERSON TRUST
  • 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: 670324

Zoning

  • Zoning: PVR1*

Geography

  • Assessors Map Reference: 72-C2
  • Subdivision Tract Number: 8523
  • Parcel: 7540-013-017
  • Block: 1426
  • Lot: 22
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7979
  • Longitude: -118.404

    Address

  • Full Address: 629 Palos Verdes Dr W
  • Address - House Number: 629
  • Street Segment Direction: W
  • Address - Street Name: Palos Verdes
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C032
  • 4-Digit Zip Code: 1215
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,822
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 2,781,245
  • High Value: 3,413,417
  • Low Value: 2,149,072

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,150,000
  • First Open Lien Mortgage Lender: AMERICAN INTERNET MTG INC
  • First Open Lien Mortgage Recording Date: May 17, 2002
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2032
  • Second Open Lien Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Jan 04, 2011
  • Second Open Lien Mortgage Loan Amount: $350,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2026
  • Third Open Lien Mortgage Lender: CITIBANK NA
  • Third Open Lien Mortgage Recording Date: Nov 27, 2007
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $150,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,476,720
  • Assessed Land Value: $867,575
  • Assessed Improvements Value: $609,145

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2002
  • Current Sale Recording Date: May 17, 2002
  • Current Sale Transaction ID: 1032776968
  • Current Sale Price: $1,040,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 02-1140833
  • Previous Sale Recording Date: May 03, 2000
  • Previous Sale Contract Date: Mar 16, 2000
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN INTERNET MTG INC
  • First Mortgage Transaction Date: May 17, 2002
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2032
  • Second Mortgage Loan Amount: $100,000

    Previous Mortgages

  • Previous Mortgage Lender: MALAGA BANK SSB
  • Previous Mortgage Transaction Date: May 03, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $570,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 629 Palos Verdes Drive West located in?
The 629 Palos Verdes Drive West 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 629 Palos Verdes Drive West?
The average sales price for units in 629 Palos Verdes Drive West is $0 currently.

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