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112 Cresta Verde Drive

112 Cresta Verde Drive, Palos Verdes Peninsula, CA 90274
Sold Jun 15, 1994
$268,000
$200,900 by 1st Fed Bank
Mortgage Due Jul 01, 2024
112 Cresta Verde Drive in Palos Verdes Peninsula, CA was first built in 1972 and is 52 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 condo style. There are a total of 2 floors. There are a total of 7 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. 112 Cresta Verde Drive has 1,992 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. In total, the area measurement of the land is 491,676 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 condition of the building has been evaluated as good. 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 floor/wall 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, 112 Cresta Verde Drive sold most recently in Apr 30, 1993 for a total of $268,000. If you work out the math, that's approximately a cost of $134.54 per sqft. 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 $4,915 in taxes each year. 112 Cresta Verde Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $437,636. If we break it down further, the land itself was valued at $228,047. Improvements to the property, however, were assessed at a total of $209,589. The property's total assessed value has been marked as more than the total market value 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.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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 491,676
  • Total Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 27417
  • Land Acres: 11.287
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT NO 27417 CONDOMINIUM UNIT 17

Ownership

  • Current Owner : TAN SIAU LEONG
  • Current Owner 2: LOW KAH FONG
  • Previous Owner : MALLADI MADHAVA
  • Previous Owner 2: MALLADI PADMINI
  • 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: 670406

Zoning

  • Zoning: RERPD8U*

Geography

  • Assessors Map Reference: 72-D6
  • Subdivision Tract Number: 27417
  • Parcel: 7585-017-083
  • Lot: 1
  • Municipality: SOUTH /P.V. CONDO
  • Latitude: 33.7603
  • Longitude: -118.39

    Address

  • Full Address: 112 Cresta Verde Dr
  • Address - House Number: 112
  • Address - Street Name: Cresta Verde
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Rolling Hills Estates
  • Carrier Code: C030
  • 4-Digit Zip Code: 5478
  • Zip Code: 90274

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,915
  • Tax Rate Code Area: 07-100

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,244,057
  • High Value: 1,526,682
  • Low Value: 961,431

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,900
  • First Open Lien Mortgage Lender: 1ST FED BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $200,900
  • 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: Jul 01, 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,636
  • Assessed Land Value: $228,047
  • Assessed Improvements Value: $209,589

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 1993
  • Current Sale Recording Date: Jun 15, 1994
  • Current Sale Transaction ID: 1033412899
  • Current Sale Price: $268,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94-1148218

    Last Sale Mortgage

  • First Mortgage Lender: 1ST FED BANK
  • First Mortgage Transaction Date: Jun 15, 1994
  • First Mortgage Loan Amount: $200,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Rolling Hills Estates



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Frequently Asked Questions

What neighborhood is 112 Cresta Verde Drive located in?
The 112 Cresta Verde Drive is a located in the neighborhood of Rolling Hills Estates in Rolling Hills Estates, Palos Verdes Peninsula.
What is the average sales price for listings in 112 Cresta Verde Drive?
The average sales price for units in 112 Cresta Verde Drive is $0 currently.

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