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838 Rivera Place

838 Rivera Place, Palos Verdes Peninsula, CA 90274
Sold Aug 28, 2013
$2,150,000
$400,000 by East West Bank
Mortgage Due Apr 01, 2035
Sold Nov 23, 2004
$1,300,000
$600,000 by First Source Funding Group Inc
Mortgage Due Dec 01, 2034
838 Rivera Place in Palos Verdes Peninsula, CA was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 13 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. 838 Rivera Place has 2,977 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 820 ft and the linear feet between the front and back of the lot is 1,780. In total, the area measurement of the land is 15,538 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. 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, 838 Rivera Place sold most recently in Jul 17, 2013 for a total of $2,150,000. If you work out the math, that's approximately a cost of $722.20 per sqft. Before that, the property was also sold for $1,300,000 in Oct 18, 2004. 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 $28,057 in taxes each year. 838 Rivera Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,533,252. If we break it down further, the land itself was valued at $2,061,953. Improvements to the property, however, were assessed at a total of $471,299. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1966
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,538
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,977
  • Building Area: 2,977
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,977
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 27458
  • Land Acres: 0.357
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 27458 LOT/SEC 8

Ownership

  • Current Owner : SU YANG
  • Current Owner 2: REN JIE
  • Previous Owner : JARAMILLO SALVADOR
  • Previous Owner 2: ANDREWS DORIS
  • Owner Before Previous Owner: MACARTHUR FREDERICK E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palos Verdes Peninsula Unified School District
  • Census Tract: 670328

Zoning

  • Zoning: PVR1YY

Geography

  • Assessors Map Reference: 72-B6
  • Subdivision Tract Number: 27458
  • Parcel: 7543-034-017
  • Lot: 8
  • Municipality: SOUTH /P V ESTATES SFR
  • Latitude: 33.7634
  • Longitude: -118.413

    Address

  • Full Address: 838 Rivera Pl
  • Address - House Number: 838
  • Address - Street Name: Rivera
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Palos Verdes Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 2825
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,057
  • Tax Rate Code Area: 07-112

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,661,310
  • High Value: 3,255,841
  • Low Value: 2,066,778

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Mar 12, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,533,252
  • Assessed Land Value: $2,061,953
  • Assessed Improvements Value: $471,299

    Sales

  • Current Sale Contract Date: Jul 17, 2013
  • Current Sale Recording Date: Aug 28, 2013
  • Current Sale Transaction ID: 1014378420
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1261609
  • Previous Sale Recording Date: Nov 23, 2004
  • Previous Sale Contract Date: Oct 18, 2004
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Aug 28, 2013
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SOURCE FUNDING GROUP INC
  • Previous Mortgage Transaction Date: Nov 23, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2034

About Palos Verdes Estates



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Frequently Asked Questions

What neighborhood is 838 Rivera Place located in?
The 838 Rivera 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 838 Rivera Place?
The average sales price for units in 838 Rivera Place is $0 currently.

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